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1
Preface
The project is a part of 1203302 Project Feasibility Study and Evaluation Course, 2010. The project is studied about photograph studio business in Chiang Rai. The project will show the reader the general structure of photograph studio management which is including general situation of photograph studio business, the management of photo studio business, competition analysis and marketing feasibility, the technical process in wedding studio business, the financial feasibility of wedding studio business, and risk of wedding studio business. The project will be guidance for new studio investment which is involved basic information and the potential situation of this business. These will be benefit for the investor who wants to start up in this business. Finally, our team expected from this project to be basic information for new investment. So, if there are any mistakes, we are apologized from this project. We would like to say thanks for Aj. Chaiyawat Thongintr to be advised our team and made this project successful. Thanks for everyone who provided any information to support project.
Group members Mr. Korawit laohachaiarun Mr. Kiattisak Sanguannam Mr. Piyachot Chaiyachot Miss Wijittra
Chaiprapa
Miss Samita
Wilaisuksri
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Table of Content Chapter 1 Introduction
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1.1 Introduction............................................................. ....................................................................................................................... .......................................................... 5 1.2 Project objectives objectives ...................................................................................... .............................................................................................................. ........................ 6 1.3 Benefit of project ...................................................................................... .............................................................................................................. ........................ 6 1.4 Operation method ............................................................................................................. 6 Chapter 2 Industry Profile
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2.1 Nature of Industry .............................................................. ............................................................................................................. ............................................... 9 2.2 Situation of Industry ....................................................................................................... ....................................................................................................... 12 2.3 Product and Service ....................................................................... ........................................................................................................ ................................. 13 2.4 Vision........................................................... .............................................................................................................................. ................................................................... 17 2.5 Mission ........................................................................................................................... ........................................................................................................................... 17 2.6 Business Strategy ............................................................... ............................................................................................................ ............................................. 18 2.6.1 Corporate Level Strategy Chapter 3 Marketing Feasibility Study
18 20
3.1 Marketing Analysis ..... ........................................................................ .................................................................................................... ................................. 21 3.1.1 General Environment Analysis (PEST)
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3.1.2 Competition Analysis (3C Analysis)
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3.2 Marketing Mix Strategy Strategy ................................................................. .................................................................................................. ................................. 39 3.2.1 Product
39
3.2.2 Price
40
3.2.3 Place
42
3.2.4 Promotion
43
3.3 STP Analysis........................................................... Analysis................................................................................................................... ........................................................ 44 3.3.1 Segmentation
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3.3.2 Target
45
3.3.3 Positioning Positioning
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3.4 Sales Forecast/Profit Forecast/Profit Estimation Estimation ..................................................................................... ..................................................................................... 47 3.5 Marketing Expenses (Sale Incentive) Incentive) ............................................................................. 61 3.6 Conclusion in market feasibility ............................................................... ..................................................................................... ...................... 64 Chapter 4 Technical Feasibility Study
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4.1 Production and Operation Operation Analysis ..................................................................... ................................................................................ ........... 66 4.1.1 Product characteristics
66
4.1.2 Service Process
70
4.1.3 Location
71
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4.1.4 Facility Layout
73
4.1.5 Machine/Tools/Equipment
77
4.1.6 Logistics Management
91
4.1.7 Facility Management
92
4.1.8 Machine/Tools/Equipment
93
4.2 Cost of investment investment .......................................................................................................... .......................................................................................................... 99 4.2.1 Equipments & Tools
102
4.2.2 Depreciation
105
4.3 Management Management Analysis........................................................ ................................................................................................... ........................................... 120 4.3.1 Human resource
120
4.4 Administration Administration Cost ....................................................................... ...................................................................................................... ............................... 123 4.5 Technical Technical Feasibility Feasibility Conclusion.............................................................. .................................................................................. .................... 131 Chapter 5 Financial Analysis
132
5.1 Finance Conclusion............................................................ ....................................................................................................... ........................................... 133 5.2 Income Statement ......................................................................................................... ......................................................................................................... 134 5.3 Statement Statement of Cash flow .................................................................. ................................................................................................. ............................... 139 5.4 balance sheet ................................................................................................................. ................................................................................................................. 149 Chapter 6 Risk Management
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6.1 Risk Management Management ......................................................................................................... ......................................................................................................... 155 6.1.1 External factor
155
6.1.2 Internal factor
157
6.2 Financial Financial Risk ............................................................................................................... ............................................................................................................... 159 6.3 Conclusion of Risk Management .............................................................. .................................................................................. .................... 163 Chapter 7 Summary
164
7.1 Summary.................................................................. ....................................................................................................................... ..................................................... 165 Reference Reference ........................................................... ............................................................................................................................ ................................................................. 167 Appendix
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Chapter 1 Introduction
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Chapter 1 1.1 Introduction
Nowadays with high technology, human are interested in globalization. That means electronic devices are still growing. Using devices to apply and make money is famous in this era. Much business has appeared to fulfill little thing what human really want, for example, mobile phone, automobile, or even photo. These things have been developing since many decades. It kept better and better especially photo. Human made it to record some event or situation at that time, and it can look it again whenever they want to perceive it as long as it is destroyed. Therefore, it makes impression and attractive to do photo business. In the past, owner has experience about taking photo. 1
It make him happiness when push shutter to record something at that time. After that, realization of
making money with favorite hobby was appeared, this reason why this plan is occurred. This business is growing up, but it is not much same as other business that is fluctuate of growing. Photo studio is good for everyone who wants to have amazing picture although they have their own cameras. The reason is good quality picture at happiness period. With full style of photography equipment, the consequence will definitely perfect and reach customer‟s satisfaction.
Every shooting picture comes from professional photography who loves really love this job. Then professional photography is needed in some events, wedding, family photo or important event in their life. Chiang Rai province is located where the company aims on it to establish the studio. Chiang Rai is the province located in the northern of Thailand. Our studio will be the leader of service providing in Chiang Rai. As we know, Chiang Rai is a small province and the competition is in the medium of rank. According to wedding studio in Chiang Rai, there are 4 main direct competitors (shown in chapter 3). We think that the studio will create the loyalty brand in Chiang Rai because Chiang Rai does not have any studio is the best in consumer‟s mind. So, this is the reason why, we
think that our studio will focus to the point, the studio is provided the best service to consumers and there are the different strategy from another studios. The best service is including the first step of
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http://www.photohistorytimeline.com/
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customers coming until customers walk out of the studio for example, serving water to ever customers coming and giving a big smile to every customer, however who are they, this will create long term relationship between Meepo studio and customers. All of this reasons, this is the primary service to attach and establish long term relationship of our studio. After the brand in the customers‟ mind, this will be our opportunity in value added and gain more profit for the future. 1.2 Project objectives
1. to analysis of project feasibility subject for real studio in Chiang Rai. 2. Evaluate financial and risk management for studio business situation in Chiang Rai. 3. Summarize the photograph studio business in Chiang Rai. 1.3 Benefit of project
1. To apply this project to the real studio business in Chiang Rai. 2. To perceive photograph studio market in Thailand. 3. To see possibility of investing studio business in Chiang Rai. 1.4 Operation method
1. To study general information information of photo studio in Thailand. 2. To research and find information of photography including location and behavior. 3. The team studies massage parlor management. 4. Data collect. 5. Team analysis. 6. Plan implementation.
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1.5 Plan activities Table 1.1 Plan activities timeline
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Chapter 2 Industry Profile
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Chapter 2 2.1 Nature of Industry
“Photography takes takes an instant out of time, altering life by holding it still.” ~ Dorothea Lange
Photography2 is the art of experiencing the world through the lens and essentially capturing these experiences with or without colors. The fascinating field of photography is vast and includes several specialization areas like fashion photography, outdoor photography, nature photography, wildlife photography, still life photography, color photography, black and white photography and so on. If you are one of those people who have a keen interest in studio photography and wish to pursue a career in this field, then setting up a photography studio is the first thing you will need to do once you‟ve completed your formal training in the subject.
About Studio Photography: The earliest reference to studio photography in the history of photography dates back to 1853 when noted portrait photographer Gaspard-Félix Tournachon who was popularly known by his pseudonym Nadar opened his portrait studio in Paris. Studio photography in itself is an extremely extensive subject and encompasses several branches. As the photography techniques evolved gradually, more and more photographers started opening their own photography studios, which were essentially used to create portraits since portrait were one of the most popular forms of photography back then. The field of photography evolved a lot after this period due to the advent of color films, polarized films, effective lighting-techniques and many more inventions, which
2
http://www.newsstreak.com/i-do/
http://www.buzzle.com/articles/photography-studio.html http://www.all-art.org/photography/AA-history_enc_brit.htm
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led to the flourishing of this photography technique. Here is a quick look at the various branches of studio photography: Studio Photography: Studio photography is very different from outdoor photography, since a photographer cannot just walk into a studio with his camera and start shooting. There goes a lot of pre-production work in studio photography. Outdoor photography is more spontaneous where in an actually created scene is captured through a camera without manipulating the lighting and other conditions whereas studio photography allows the photographer to create a scene and control all the elements of it starting from the lighting to the position of the subject as well. Studio photography is a vast genre in itself and there exist many branches of studio photography. Portrait Photography: Portrait photography is a branch of studio photography. The creation and reproduction of photographic portraits was perhaps the f irst commercial commercial use of photography. The noted French photographer Disderi invented the process of exposing multiple images onto one negative and thus revolutionized the world of portrait photography. He was the one who popularized celebrity portraiture. Today portraiture photography is a vast industry with professional and amateurs equally interested in the art of photography portraiture. Advertising Illustration / Product Photography: Advertising illustrations or product photography is a branch of studio photography. The use of photography for advertising actually began with the advent of the technology to duplicate photographs on a large scale, and is dated back to the 1850s. Owing to the progressive printing techniques and the ability to reproduce quality photographs, photography became a popular tool used in the advertising field. Although initially it included simple photographs of models and products,
the
digital
developments
have
now
revolutionized the use photographs with the use of high-technology graphics and digital editing and enhancements. Still Life Photography: In 1826, Joseph Nicephore Niepce was the first one to capture the first permanent still life photograph. photograph. Still life photography has been extensively used in all the mass media. You can come across various magazines, newspapers, advertising brochures containing still life photography. Still life photography is a very popular form of photography and happens to be one of the branches or one of the possibilities in the studio photography arena.
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Fashion Photography: Fashion photography is perhaps one of the most popular branches of studio photography. Although the branch of fashion photography started somewhere around the 1960s or 1970 with the introduction and rising popularity of colored photography, it was the 80s that brought a touch of glamour, sexuality and eroticism to the world of fashion photography. With notable names like Helmut Newton, Guy Bourdin and Sarah moos, fashion photography was soon focusing more on the overall message and feel of the photograph rather than the fabrics and accessories of the models. Today fashion photography is a very popular field of photography. Things required to setting up a Photography Studio: In case you are looking for a fully equipped photography studio, it is possible that you might get one on rent, but again, it is nothing like possessing your own studio. A photo studio can either be a floor-based studio or a ceiling based studio. A floor based studio light stands for the light and background support whereas in a ceiling based studio, background rollers are mounted on the ceiling and a rail system helps to adjust the positioning of lights. Here are some of the things that you need to take care of: Camera and Related Equipment: Based on your preferences, you will need a good camera, which is fully equipped with all the essentials and accessories. Various filters for adding effects are a must with any camera. Also make sure you have adequate supply of films, batteries and all the equipment required for the camera. Digital studios require digital scanners, printers and copiers whereas a normal camera would require a proper dark room for the development and printing of photographs. Backgrounds and Props: Depending Depending on your genre, you need to equip your studio with all the essential artwork equipment. Make sure you have a variety of backgrounds suitable for your genre in photography. Specialized props are also a prerequisite in case you use props frequently. Make sure your studio is well equipped with all the basic facilities that people will require while working there. It is always better to have a changing room for the models. Lights: Lighting can be finalized based on the camera format you will be using, and the size of subjects you will be photographing. The lighting style varies for portraits, still life or specialized fashion photography so decide the kind of work you want to take up, and get a lighting system that suits your requirements. In addition to this you can have various types of light sources like warm lights or cool lights based on the color temperature that you require for your photography projects. The lighting bulbs, stands and all the required lighting equipment are essential while setting up a photography studio. Make arrangements arrangements in the architecture so that you can use sunlight whenever whenever you wish to.
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2.2 Situation of Industry
Over the last fifty years photography has made rapid strides. Actually, leave alone the last fifty years3, the way photography has grown into the varied sphere it is nowadays is really remarkable. With the passage of time photography has progressed into various fields such as photojournalism, food photography, travel photography, and a great deal more. Actually, at present still life photography by itself has several various fields such as jewellery photography, food photography, etc. A frequent false impression that people have with regard to photography lies in believing that one photographer can handle all sorts of photographic needs. The most fascinating side of photography lies in the move from photography using film to photography that‟s digitally based. Nowadays even „traditional‟ photographers have begun to use
digital SLR cameras in order to obtain the most brilliant and clear pictures possible. In contrast with the regular use digital cameras that are in stores, professional photographers employ single-lens reflex or SLR cameras. The cost of the SLR camera can range anywhere between $1000 - $5,000. A SLR camera seldom employs digital enlargement of images (for instance, unlike a standard digital camera, the zoom option in the digital SLR camera is wholly optical) and the digital SLR cameras tend to have better-quality optics as against the digital cameras that are available for regular use. The rationale behind the majority of photographers favoring digital storage more than film is because digital images can easily be dealt with and distributed. For instance, if a conventional SLR camera is used to take photographs, the negative needs to be developed, scanning of the photo has to be done and then „fixed‟ digitally before it is all set for being distributed electronically. But, with digital storage, no such difficulties arise, and you can connect a camera to the digital printer and in a few seconds you can get hard copies of digital images. Actually, it is for this reason that the demand for digital SLR cameras has risen. While the storage feature is similar to digital cameras, the image quality is comparable to conventional SLR cameras. The one advantage that conventional cameras using film have over the digital SLR cameras lies in it being possible to over and underexpose images according to the photographer‟s requirement, and also as the digital cameras‟ capture field is static,
there are greater chances of them facing problems such as dust . A Few of the Familiar Photography Forms Nowadays 4Are:
3 4
http://www.scribd.com/doc/14156575/LRobinson-Art-Professional-Photography-2007 http://www.webphotostorage.com/Photography/Photography-Nowadays.html
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Commercial Photography: Well, commercial photography broadly encompasses photography that is of a sheer commercial nature. Commercial photography covers fine art photography, glamour and fashion photography, advertising photography, food photography, portrait photography, and such other comparable forms of photography intended for commercial purposes. Of late, photojournalism in addition has been categorized as a type of commercial photography, since the ultimate objective of photojournalism is selling photographs to news agencies and newspapers. In general, mostly professional photographers take up commercial photography as they can make use of their expertise to rake in money. Well, commercial photography is wide-ranging, and with each day more and more commercial photographers are taking up one of the several fields of commercial photography available nowadays. nowadays. The day is not too far off when commercial photography will have newer fields. Travel Photography: As indicated by its name, travel photography is concerned with taking images across the globe. In contrast to widely held belief, travel photography involves involves a touch of good fortune and timing. At times photographers have to hang around for days together before they get the perfect conditions for a shoot. Sports Photography: Indeed sports photography has traveled a long distance with the development of the delayed exposure cameras, coupled with the introduction of digital cameras, which permit photographers to adjust shutter speed, exposure, and other parameters. In fact, some extremely fascinating and vivid photographs have been taken lately using these innovative methods. Sports photography is regarded as being closer to journalism rather than commercial photography. But, it is not unusual for teams to engage commercial commercial photographers to take snapshots of their players while playing. 2.3 Product and Service
The main product is the photograph and photograph frame. However, the Meepo studio will provide the 2 main services which is photograph to the customers. We will provide the high expertise and high professional service to the customers, these are: 1. Walk in customers, the customers come to studio directly, come to our studio and the customers is ordered the products by themselves as a package that our studio provided. 2.
Fieldtrip photographer around Northern of Thailand and Bangkok, for graduated ceremony and wedding ceremony, this will be the second income for our studio.
According to both ways, there are the differently from other competitors in Chiang Rai at this time and this will be the strength and opportunity for Meepo studio.
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Processing of service
The Meepo studio‟s aim is to be the num ber one in servicing in Chiang Rai and to build the
ai people to make sure that the customers will be honest to our brand Meepo‟s brand for Chiang R ai which is takes a long time to build that one. When the customers entry to the studio, couples or family will be brought to drawing room. Then receptionist will will offer of sale that Meepo Studio provided according to the product service that 3 packages these are: Package A, Package B, and Package C to serve the customers need. The services are start from the beginning when customers customers step on the shop, the door will open automatically, the customers will feel cool because the air conditioner. The front desk employee will walk to ask for serving the service and take to a big sofa for suggestion and matching the promotion and service to the customer‟s desi re. The promotion and some service like delivery or packaging or
any flexible services can be change according to situation and the desire of customers, which this changing will be checked by manager again to allow. Between the conversations, the house cleaner will ask customers to serve the beverage like water, coffee, and cocoa which are free for all customers who come to Meepo studio. We have a many sample for customers to watch for supporting their decision and their confidence when choosing the packages or services. We will give a private time the customers to choose what they desire as long as they want to make sure our policy which is number one in serving service is achieved. After the customers choose what they want, the employee will tell the price for all operation, the date of service, duration, finish date, and etc. Then the employee will wait for customers‟ respond. The payment will be paid after they take the products or used the
services. After that, the employee will send the customers to the door which is the last step in the initial contact. When the products are finished, the customers will be received the alert phone that their products are finished and invite them to the Meepo studio to get it. In addition, all the service can be adapt to the appropriate of the customers „desire which the price is also. Let‟s us to be your experiences, we are Meepo studio staff. When customers are interested in Wedding Studio, Meepo Studio that is one of their choices and we will serve the best service as much as the company can. Remark: for the field trip customers, the staff will go everywhere the customers go.
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Table 2.1 List of product No.
Type of product
1
Photograph
2.
Frames (Cooperation)
Example picture
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Source: http://www.food-decor.com/read_news.php?id=26 http://www.food-decor.com/read_news.php?id=26 and and http://thankyoucards.ie/index.html
2.4 Vision
To build the strong studio brand by leading in service and create new market share of studio business in Chiang Rai 2.5 Mission
The studio will serve the best service mind from our workers and a standard quality to the customers with high technologies for example high quality color printer and high performance cameras. The company is provided high quality goods and unique product designed. The target will be the medium and high class of Chiang Rai people. Every employee will establish a long relationship to all customers and we will keep it as long as possible, they will become a loyalty customer in the future. We will hire the professional photographer who has high experience on this work. The studio is going to be the new options for Chiang Rai people, although, there are many choices for the Chiang Rai customers.
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Future plan, the studio will be established a new bunch in Bangkok. We will have fieldtrip photographers provided to the customers and there will be providing comfortable to the customers for example we will be focused on the new students who graduated around Thailand and the wedding ceremony in Chiang Rai.
2.6 Business Strategy 2.6.1 Corporate Level Strategy In initial of the Meepo‟s studio, we will use Market Development Strategy to presents our
products and services into Chiang Rai market because Chiang Rai, as we see is a new market which the demand is increasing (because (because of population, shown in ch.3) and do not have too many competitor competitor (shown in ch.3), so this is the chance to open new business in Chiang Rai. After we already opened the business, we estimated that there will have more competitor opened the business in Chiang Rai, so we will use Product and Service Development to improve our products and service for example camera camera technology supporting. Nevertheless, Meepo studio is depends on Service which is the key factor to success in this kind of business. So, we use type 3 Differentiation Strategies in Porter’s five Generic Strategies in improving in service. In the beginning of the Meepo studio, the strategy we will use is Market Development Strategy which is driving the business into the new market (which means opening the new business)
to presents our products and services into Chiang Rai province market. The reason is Chiang Rai province as we see there has no main competitors which is the main company for Chaing Rai population they will use, and the second main reason, Chiang Rai province is a new market which the demand is increasing all the time because of development of province and number of population which are also increasing (the increasing of Chiang Rai population is shown in ch.3). There all are the good point of benefits that we have to get-in by hurry. In Forward strategy, we also see the opportunity to open the service which is the field trip. Field trip service is the service is going out to take photos for customers in each event we provide, such as marriage of Northern population and graduation of the bachelor degree students. This strategy can make our range of customers expand and get more profits to our business. In the same time, reducing the cost by sharing the employee cost with using the same service that provide in the Meepo studio. By the way, we have to buy some equipment more such as camera and cars, which is already included in financial management.
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Out sourcing strategy, in Meepo studio, we use out sourcing in accountant to do all of the
financial statement and accounting for our company. We use this strategy because we see that, using out sourcing is easily and has the most efficient result when comparing to the cost of hiring one more accounting employee which is higher cost when we have to pay for every months. After we already opened the Meepo studio for 2 years, we estimate that there will have more competitors open the business in Chiang Rai also, so we will use Product and Service Development Strategy by improve our products and service to compete with the competitors which also
development their business for competing in each other. The improvements of our products and services are depend and tie with the today and tomorrow technology which may make the products such as technology of picture and ink become more high quality, and may help in serving the service better, such as delivery information more quickly or customers can order the service via the video links instead of coming to the shop which is consume more time and resource. We also already set cost for support this strategy by changing the computers and accessories every 5 years for chasing new technology that develop every minute. Nevertheless, Meepo studio will depends more on Services which is the key factor to be success and achieve the goal in this kind of business because we set the strategy which is to be the leadership in serving the service in Chiang Rai province. So, it is the Differentiation Strategies which is in Porter‟s five Generic Strategies that we used. The differentiation strategies is the good
choice to away from competition because if we have more different, we will have less competitor, that the way we will gets more benefits. In differentiation, we will try to serve the best service, start from the customers walking in, during, and after sale service (The service is shown in chapter 2).
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Chapter 3 Marketing Feasibility Study
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Chapter 3 3.1 Marketing Analysis 3.1.1 General Environment Analysis (PEST) Political Factor
The political situation in Thailand in 2010 5is unstable and the government cannot control the situation in Thailand because the consequence of red shirt protesters that protested in Bangkok and they closed Bangkok. As the result r esult of political situation in the beginning of this year, the situation was unpredictable what Thai political is happened. All the foreigners were in dangerous situation by red shirt protester (ralphvandenberg, (ralphvandenberg, 2010). However, the situation in Chiang Rai is not much involved by the protesters. So, it is not effect to open this business Chiang Rai directly. directly. According to the situation in Thailand, the studio business in Chiang Rai is not affected so much by the political crisis at this time. So, the Meepo studio is going to run the photograph studio business in Chiang Rai with any problems directly. In the other hand, the studio should be promoted in public by giving a promotion to their customers for example collection points for fr ee photos and it will help the studio run the business smoothly. The promotion and the service will help to promote and these will create new brand loyalty to Chiang Rai‟s customers. Economic Factor
GDP of Thailand 6has decreased of growth rate since 2008 that was 3.9 percent, but in 2009, it was 0.5 – 1.5 percent. That means Thailand GDP is reducing.
Inflation rate of Thailand was 1.6 percent (tanitsorat,2010)
Unemployed people might be 2.5 percent (tanitsorat, 2010) According the GDP and other factor in Thailand about economic. These factors are able to
effect photo studio business more or less same as other businesses. Family photo which taken by photo studio might not first thing that they want, especially in case of depressed economy. However, it depends on their opinion. There is possibility that family photo is the priority concern for family like fulfilling the last jigsaw.
5
6
http://ralphvandenberg.com/ramblings/158 เคราะห์เศรษฐกิจฝ่าวิกฤติ www.tanitsorat.com/file/01-วิเคราะห์ กฤติปี09.ppt
http://www.thaireform.in.th/various-reform-dimensions/create-honest-livelihood/item/3002010-01-08-04-55-41.html
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Overall, economic will effect photo studio business about inside, 1st service line which the most of service will be taken at studio shop. But it should not affect much for the 2nd service line, field trip for graduation event. Because people in Thailand perceive that graduation event is very important even their parent will come in this ceremony. Therefore, it is not a big deal for 2nd product line when comparing the quantity of students who graduated in each University and photography. The ratio is highly different. Moreover, business has to adapt for economic growth. If it is falling, launching promotion to motivate customer is needed However, this business always gets money by cash, which is more convenience than the other business. Thai people and Chiang Rai people also perceive the graduation ceremony which is very important for them. So, it does not matter that falling or increasing Chiang Rai‟s economic will influence photo studio business to change the way of receiving money. Meepo studio will not gain income only walk in customers, but Field trip is the second option to get a profit from this business because the trend and giving important for graduation ceremony of Thai people.
Social and environment factors
Thais is a hierarchical society and believe in the Karma because of our culture and Buddha region. Thai‟s society is a group oriented and Thailand is a country of belief which believes in
Buddha 7(mongabay, 2009) and approximately 80 percent of Thai population is Buddhism. Thais is focused on the relationship between come first. The important one has to look after his subordinates. Generally, senior people or socially highest ranking person receives the most respect from younger or junior of ranking. They think that family is the most important for life and there are living in a huge family in every level of age. According to Chiang Rai population, there are 1,194,933 people (Thai government data base, 2009) and Chiang Rai is located in the northern of Thailand. More than half of population is local Chiang Rai people who live in Chiang Rai. Thus, there are also more than one University located in Chiang Rai for example Mae Fah Luang University and Rarchapat Chiang Rai University. These are the opportunity for fieldtrip jobs in graduation ceremony around Chiang Rai and the northern of Thailand. There are potential markets for our studio for example the graduated student who graduated in Mae Fah Luang Universtiy since 2009, there are also our customers for our studio.
7
http://www.mongabay.com/reference/country_studies/thailand/SOCIETY.html
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Technology factors
Thailand is country that distributed the technological and industrial development into world-wide. Thailand has own expertise and professional technology department 8who increase the value added at every stage of Thai‟s production. Thailand is also created , exported and
imported technologies around the world for example the electrical, electronics, software and digital content industries (Ministry of Science and Technology, 2010). However, Thailand is strengthening competitive potential in world-wide markets and also attracting foreign investment to join with Thai industry. According to Ministry of Science and Technology information, Thailand technology equipment is going developing and communicated faster because of the international competitive. So, this is will be the advantage for the studio and the studio will use all the technology equipment to support our business for example studio cameras, graphic designed computers, high quality printer and internet. The Internet is a large media for communication to exchange the information and camera is the most important equipment to support the studio. So, there are enough for supported technology equipment for doing studio business and it will be deserved the customers satisfaction. Finally, all the technology equipment supported is going to create the competitive advantage for Mee Poo studio business, when the studio can apply the technology equipment to reach the customer needs. Meepo studio is not focused on supporting technology only, but also focused on to be a service leading in Chiang Rai. Sometimes, best service provider is not enough, but the studio also needs good equipment to support out business (Shown in figure 3.1: supporting equipment). equipment). Supporting equipment Figure 3.1: Photos supporting
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http://www.most.go.th/eng/
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Source: www.google.com
3.1.2 Competition Analysis (3C Analysis) Competitor Analysis
The competitive of studio business around Chiang Rai is not high competition. Many studios are the small studio (chiangrai.777designz, 2010) and there are not provided with field trip photographer service. This is strategy that created a different strategy from others competitors. So, Meepo studio is divided by 2 categories of competitor, these are direct competitors, 4 wedding studios around Chiang Rai city, and indirect competitors, 6 photography companies. Direct competitors Bliss Studio
Address: 643/6 Audtrakit road, district Wiang, sub-district Mueang, Chiang Rai Product
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Portraits photography.
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Product and food photograph.
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Monochrome Find Art photograph.
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The strength of studio is they present about natural portrait photography, they fix in personalize of customer as they concept that “You will look best in the way that you are”.
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Bliss studio guarantee that they product has high quality and you can store it more than sixty years.
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Photographer is the professional from America.
Price
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Photo Size 8x10 inches
= 200 Baht
-
Photo Size A4 (8.25x11.75 inches)
= 250 Baht
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Photo Size 11x14 inches
= 400 Baht
-
Photo Size A3 (8.25x11.75 inches)
= 500 Baht
-
Photo Size A3Plus (8.25x11.75 inches)
= 650 Baht
-
Photo Size 16x20 inches
= 800 Baht
-
Photo Size 20x24 inches
= 1,200 Baht
-
Photo Size 24x30 inches
= 1,800 Baht
-
Photo Size 30x38 inches
= 2,850 Baht
-
Photo Size 35x43 inches
= 3,800 Baht
-
Photo Size 43x54 inches
= 5,800 Baht
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Place
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Bliss studio 9located near The Great Monument of King Meng Rai opposite the TOT‟s office.
-
They are branch of The Bliss studio from Bangkok.
Promotion
-
Bliss studio makes brochures to advertise them and attract people to know them.
-
Promotion of Bliss studio is unstable; they have only one promotion is reduced the price of product in their promotion period.
Memogallery Photography Product
-
Portraits photography.
-
Food and pack shot photograph.
-
Wedding and ceremony and field trip.
-
Services of Memory Studio are makeup in special event, wedding pictures, open studio for rent
-
Photographer is more expertise and experience (more than 6 years).
Price
Wedding and ceremony or special event - Package A 3,500 Bath Choose 1 period of time, morning or evening 7.00 am. - 12.00 am.or 6.00 pm. – 10.00 pm.
9
-
1 photographer
-
Unlimited Unlimited photograph
-
Edit and re-touch photo
-
DVD with beautiful cover and 1 special design DVD‟s box cover.
http://www.thebliss-studio.com/
26
- Package B 6,500 Bath 2 periods of time, morning and evening 7.00 am. - 12.00 am.and 6.00 pm. – 10.00 pm. -
1 photographer
-
Unlimited Unlimited photograph
-
Edit and re-touch photo
-
DVD with beautiful cover and 1 special design DVD‟s box cover.
-
Free studio lighting and umbrella (1,500 Bath)
- Package C 6,500 Bath Choose 1 period of time, morning or evening 7.00 am. - 12.00 am.or 6.00 pm. – 10.00 pm. -
2 photographers
-
Unlimited Unlimited photograph
-
Edit and re-touch photo
-
DVD with beautiful cover and 1 special design DVD‟s box cover.
-
Free studio lighting and umbrella (1,500 Bath)
- Package D 8,500 Bath 2 periods of time, morning and evening 7.00 am. - 12.00 am.and 6.00 pm. – 10.00 pm. -
2 photographers (1 photographer at morning and 1 photographer at evening),
-
Unlimited Unlimited photograph
-
Edit and re-touch photo
-
DVD with beautiful cover and 1 special design DVD‟s box cover.
-
Free studio lighting and umbrella (1,500 Bath)
Place
-
Memogallery Memogallery Photography studio located in Chiang Rai.
27
Promotion
-
The most promotion of Memogallery Photography 10is discount.
-
The special promotions received when the customers buy every product from us more than 1,500 Baht. The customers will be received VIP member card.
-
Family photo will be included as second promotion with VIP member card.
Remarks: the period of member card is 1 year and 10 percent off every time when the customer
shown this card.
Mild Studio
Address: 80/1-2 Super highway Road, district Wiang, sub-district Mueang, Chiang Rai Owner: Malai Kornkumsin Product
-
Main services of Mild studio are wedding gown rental, makeup and hairdo, wedding pictures, wedding card design, and keepsake.
-
They opened the business in high season of wedding.
-
Photographer is more expertise and experience.
-
For the bridal dresses they import from Europe, so the design and pattern may be different from others
-
Mild Studio is the same branch of my photography where located near Samakkhi Wittayakom School and well known for Chiang rai people
Price
-
They set price is not too expensive to compete with others studio.
Place
-
This store located on Superhighway road which is the place that the customer can see and convenience to go, and it is not far from our store
-
10
They decorated store like Europe style
http://www.memogallery.net/
28
-
There is not promote via internet
Promotion
- Package 1,900 Baht -
Photo with Louis frame Size 8x10 inches 1 piece
-
Photo with frame Size 6x8 inches 1 piece
-
Photo Size 6x8 inches 5 pieces
-
Photo Size 4x6 inches 15 pieces
- Package 3,900 Baht -
Photo with Louis frame Size 12x18 inches 1 piece
-
Photo with Louis frame Size 10x12 inches 1 piece
-
Photo with frame Size 6x8 inches 1 piece
-
Photo Size 6x8 inches 5 pieces
-
Photo Size 4x6 inches 20 pieces
- Package 5,900 Baht -
Photo with Louis frame Size 16x20 inches 1 piece
-
Photo with Louis frame Size 10x12 inches 1 piece
-
Photo with Louis frame Size 8x10 inches 2 pieces
-
Photo Size 6x8 inches 7 pieces
-
Photo Size 4x6 inches 25 pieces
- Package 7,900 Baht -
Photo with Louis frame Size 20x24 inches 1 piece
-
Photo with Louis frame Size 12x18 inches 1 piece
-
Photo with Louis frame Size 8x10 inches 1 piece
-
Photo Size 8x10 inches 2 pieces
-
Photo with frame Size 6x8 inches 1 piece
-
Photo Size 6x8 inches 10 pieces
-
Photo Size 4x6 inches 30 pieces
- Package 9,900 Baht -
Photo with Louis frame Size 20x24 inches 1 piece
-
Photo with Louis frame Size 16x20 inches 1 piece
29
-
Photo with Louis frame Size 12x15 inches 1 piece
-
Photo with Louis frame Size 8x10 inches 1 piece
-
Photo Size 8x10 inches 2 pieces
-
Photo Size 6x8 inches 10 pieces
-
Photo Size 4x6 inches 35 pieces
-
35 actions with album
- Package 11,900 Baht -
Photo with Louis frame Size 20x24 inches 1 piece
-
Photo with Louis frame Size 16x20 inches 1 piece
-
Photo with Louis frame Size 12x15 inches 1 piece
-
Photo with Louis frame Size 10x12 inches 1 piece
-
Photo Size 8x10 inches 4 pieces
-
Photo Size 6x8 inches 12 pieces
-
Photo Size 4x6 inches 40 pieces
-
40 actions with CD photo album selection
- Package 11,900 Baht -
Photo with Louis frame Size 20x30 inches 1 piece
-
Photo with Louis frame Size 12x15 inches 1 piece
-
Photo Size 8x10 inches 10 pieces
-
Photo Size 6x8 inches 20 pieces
-
Photo Size 4x6 inches 45 pieces
-
45 actions with CD photo album selection
* All package including makeup and hairdo
Memory Studio
Address: 782/4 Singhakai Road, district Wiang, sub-district Mueang, Chiang Rai Owner: Danai Manohan
Product
-
Services of Memory Studio are wedding gown rental, makeup and hairdo, wedding pictures, wedding card design, and keepsake.
30
-
The strength of this store is beautiful and natural photography.
-
Owner of this studio is photographer, so it‟s can save cost to hire photographer.
-
The average of customer per month is sixty couples which is high number of customer.
Price
- Photogravure price -
Photo Size 4x5 inches
= 5 Baht
-
Photo Size 4x6 inches
= 5 Baht
-
Photo Size 5x7 inches
= 15 Baht
-
Photo Size 8x10 inches
= 50 Baht
-
Photo Size 10x12 inches
= 80 Baht
-
Photo Size 16x20 inches
= 350 Baht
-
Photo Size 20x24 inches
= 450 Baht
-
Photo Size 20x30 inches
= 500 Baht
-
Photo Size 30x40 inches
= 2,000 Baht
Remark: Adding price if re-touch 50 Baht each photo .
- Vinyl price -
Per 1 square meter 250 Baht
-
Poster size 199 Baht
-
Poster size with art work 299 Baht
- Wedding ceremony -
Morning 4,500 Baht • Photo Size 4x6 inches 100 pieces
-
Evening 5,500 Baht • Photo Size 4x6 inches 100 pieces
Remark: If need more photographer or candid each 2,000 Baht
Place
- The store located near The Great Monument of King Meng Rai which in the tourism place - Memory studio advertisement in many media such as radio, internet website, and Chiang Rai‟s guidebook, so these will make the customer known them and easy to contact to the store.
31
Promotion
- Wedding Package 5,990 Baht -
Photo with Louis frame Size 20x24 inches 1 piece
-
Photo Size 16x20 inches 1 piece
-
Photograph set with makeup and hairdo (Studio) 2 sets
-
Photo music box
- Wedding Package 5,990 Baht -
Bridal dress for bride 1 set
-
Traditional Thai dress for bride 1 set
- Wedding Package 5,990 Baht -
Traditional Thai dress for groom 1 set
-
Traditional Thai dress for bride 1 set
-
Makeup and hairdo in wedding ceremony 1 time
- Wedding Package 7,990 Baht -
Bridal dress for groom 1 set
-
Bridal dress for bride 1 set
-
Makeup and hairdo in wedding ceremony 1 time
- Wedding Package 9,990 Baht -
Photo with frame Size 20x24 inches 1 piece
-
Photo Size 16x20 inches 1 piece
-
Photograph set with makeup and hairdo (Studio) 2 sets
-
Bridal dress for groom 1 set
-
Bridal dress for bride 1 set
-
Album 4 in 1
- Wedding Package 11,990 Baht -
Bridal dress for groom 2 set
-
Bridal dress for bride 2 set
-
Makeup and hairdo in wedding ceremony 1 time
- Wedding Package 15,990 Baht -
Photo with frame Size 20x24 inches 1 piece
-
Photo Size 16x20 inches 1 piece
-
Photograph set with makeup and hairdo (Studio) 2 sets
32
-
Bridal dress for groom 2 set
-
Bridal dress for bride 2 set
-
Album 4 in 1
- Wedding Package 25,990 Baht -
Photo with frame Size 20x24 inches 1 piece
-
Photo Size 16x20 inches 1 piece
-
Photograph set with makeup and hairdo (Studio and outdoor)
-
2 sets
-
Bridal dress for groom 2 set
-
Bridal dress for bride 2 set
-
Album 4 in 1
- Wedding Package 29,990 Baht -
LCD album with Crystal cover Size 10x12 inches 10 pages
-
Photo with frame Size 20x24 inches 1 piece
-
Photo Size 16x20 inches 1 piece
-
Photo (Artwork) Size 20x60 inches 1 piece
Remark: Every package will get DVD high resolution all files of photos for free which is the customer not add more money like others studio.
Indirect competitors
Monrak:869/24 Phaholyothin Road, Tambon Wiang, Muang, Chiang Rai 57000 Tel. 053053711158, 053-752258 Alfa Photo: Photo:
431 / 6 BunpaprakarnRoad, BunpaprakarnRoad, Tambon Tambon Wiang, Muang District, District, Chiang Chiang Rai 57000
Tel. 053-752059, 081-6814079 Ban film: film: 1060/3-4Sanambin 1060/3-4Sanambin Rode,Tambon Rode,Tambon Wiang, Muang, Chiang Rai 57000 601362
Tel. 053-
Photo center: 870/11 Tambon Tambon Wiang, Muang, Chiang Chiang Rai 57000 Tel. 053-740697 Denha photo: 28/35 Rajyotha Rajyotha Road, Tambom Rob Wiang, Muang, Chiang Chiang Rai, 57000 Tel. 053-758388, 081-8827414 Max photo and computer service:497 / 1 Wiang Chai Road, Muang ,Chiang Rai, Tel. 053768653, 085-0302293
33
According to the competitor analysis, there are 2 ways to analysis, direct competitor and indirect competitor analysis; these are 4 main studios in downtown (direct competitors) and 6 small shops for photo (indirect competitors). So, there are a lot of competitors competitors around Chiang Rai. We think that Meepo studio will set the price in the middle volume which is the standard as indirect competitor, but the highest quality is Memory studio. The different strategy will be leading of servicing in this business and we will create the new loyalty customers by service value added for our customers. From this information, Meepo studio will set the target in the middle class of customer who has in a middle income level.
Customer Analysis
Mee Poo studio is the business that providing the service photographer to every customers in Chiang Rai province. The studio is focused on two lines, walk in customers and field trip around Thailand, who are the main customers. The studio will provide the expertise and professional photographers who trained by Meepo studio to serve the best service to our customers. 1. Walk in customers, the studio will focus on the family target market, but main target market is wedding ceremony. The average of age is above 20 years old, is a couple. And the studio will focus on medium of customers. There will be potential market segmentation for the studio. We think average of age has higher demand and power to pay as a wedding photography. 2. Field trip customers, this target market will be graduated from bachelor degree in the University around Thailand. The average of age is between 22 to 25 years old. And wedding ceremony around Chiang Rai, 9 provinces in the northern, this is the second revenue for the studio. Meepo studio is divided by two groups of target segmentation segmentation and there are will be including the customers around Chiang Rai and neighboring provinces around Thailand, above 15 years old is approximately 1,194,933 people
11
(Chiang Raiorg, 2009) and number of graduated students are
approximately approximately 525,940 people 12(tanitsorat, 2009), which is creating opportunity to our business.
11
http://chiangrai.nso.go.th/main.jsp
12
www.tanitsorat.com/file/01-วิวิเคราะห์ www.tanitsorat.com/file/01เคราะห์เศรษฐกิจฝ่าวิ กฤติปี09.ppt
34
Table 3.1: Number of population from registration record by Chiang Rai province, 2008 – 2009 Male 2008
Female 2008
Total 2008
Male 2009
Female 2009
Total 2009
606,775 620,542 1,227,317 588,850 606,083 Chiang Rai Province 107,221 115,994 223,215 302,145 156,267 Municipal area 499,554 504,548 1,004,102 442,972 449,816 Non-municipal area Source: Department of Provincial Provincial Administration, Ministry Ministry of Interior
1,194,933 145,878 892,788
Table 3.2: the graduated day in Thailand, 2009 January, 2009
University
Graduated Day
Graduated Rehearsal Day
Province
Past
Srinakharinwirot University
2 January 2009
21 December December 2008
Bangkok
Central
Siam University
4 January 2009
-
Bangkok
Central
Thaksin University University
5 January 2009
-
Songkhla
Southern
Pathumthani University
18 January 2009
11 January 2009
Pathumthani
Central
Tapee College
21-22 January 2009
-
Surathani
Southern
Assumption University
24 January 2009
-
Bangkok
Central
Ramkhamhaeng University
25-30 January 2009
-
Bangkok
Central
Saint John's University
25 January 2009
24 January 2009
Bangkok
Central
February, 2009 University
Graduated Day
Graduated Rehearsal Day
Province
Past
Rambhai Barni Rajabhat University
11 February 2009
-
Chanthaburi
Eastern
The University of Central Thailand
14 February 2009
13 February 2009
Nakhonsawan Nakhonsawan
Northern
Bangkok University
14-15 February 2009
-
Bangkok
Central
Mae Fah Luang University
16 February 2009
14 February 2009
Chiang Rai
Northern
Bansomdejchopraya Bansomdejchopr aya Rajabhat
19 February 2009
-
Bangkok
Central
35
University Muban Chombueng Rajabhat University
21 February 2009
-
Ratchaburi
Western
University
Graduated Day
Graduated Rehearsal Day
Province
Past
Bangkok Suvanabhumi College
15 March 2009
13 March 2009
Bangkok
Central
Rajamangala University of Technology Isan
23-25 March 2009
-
Nakhon Ratchasima
North eastern
Phuket Rajabhat University
23 March 2009
-
Phuket
Southern
Rajamangala University of Technology Suvarnabhumi
23 March 2009
-
Bangkok
Central
Rajamangala University of Technology Rattanakosin
24 March 2009
-
Nakhon Pathom
Central
Rajamangala University of Technology Lanna
24 March 2009
-
Chiang Mai
Northern
Rajamangala University of Technology Phra Nakhon
25 March 2009
-
Bangkok
Central
University
Graduated Day
Graduated Rehearsal Day
Province
Past
Chiang Mai Rajabhat University
18 April 2009
-
Chiang Mai
Northern
Phetchabun Rajabhat University
21 April 2009
17-19 April 2009
Phetchabun
Central
University
Graduated Day
Graduated Rehearsal Day
Province
Past
Mission College
17 May 2009
-
Saraburi
Central
March, 2009
April, 2009
May, 2009
36
June, 2009
University
Graduated Day
Graduated Rehearsal Day
Province
Past
Nakhon Phanom University
16 June 2009
-
Nakhon Phanom
North eastern
University
Graduated Day
Graduated Rehearsal Day
Province
Past
Mahidol University University
6 July 2009
5 July 2009
Bangkok
Central
Tapee College
10 July 2009
-
Surathani
Southern
University
Graduated Day
Graduated Rehearsal Day
Province
Past
Walailak University
6 August 2009
-
Nakhonsi thammarat
Southern
Bangkok
Central
July, 2009
August, 2009
Saint Louis College
8 August 2009
Thammasat University
13 August 2009
-
Bangkok
Central
University
Graduated Day
Graduated Rehearsal Day
Province
Past
Burapha University
15 September 2009
-
Chonburi
Eastern
Asian University
23 September 2009
-
Chonburi
Eastern
September, 2009
37
October, 2009
University
Graduated Day
Graduated Rehearsal Day
Province
Past
Phitsanulok College
3 October 2009
-
Phitsanulok
Central
Thongsook College
3 October 2009
27 September 2009
Bangkok
Central
Suranaree University of Technology
14 October 2009
-
Nakhon Ratchasima
North eastern
University
Graduated Day
Graduated Rehearsal Day
Province
Past
University of the Thai Chamber of Commerce
20 November 2009
14-15 November 2009
Bangkok
Central
Santapol College
22 November 2009
-
Udon Thani
North eastern
Sakon nakhon rajabhat university
26 November 2009
13-15 November 2009
Sakon nakhon
North eastern
University
Graduated Day
Graduated Rehearsal Day
Province
Past
Lumnamping College
13 December 2009
12 December 2009
Tak
Western
Srinakharinwirot University Bangkok
14 December 2009
12 December 2009
Bangkok
Central
Rajamangala University of Technology Isan Khonkaen Campus
16 December 2009
-
Khonkaen
North eastern
Rajamangala University of Technology Isan
16 December 2009
-
Nakhon Ratchasima
North eastern
Rajamangala University of Technology Isan Sakon Nakhon Campus
16 December 2009
13 December 2009
Sakon Nakhon
North eastern
November, 2009
December, 2009
38
Rajamangala University of Technology Tawan-Ok Chakrabongse Bhuvanarth Campus
16 December 2009
11 December 2009
Bangkok
Central
Yonok University
19 December 2009
-
Lampang
Northern
Ratchathani University
20 December 2009
18 December 2009
Udon Thani
North eastern
Ubon Ratchathani University
21 December 2009
-
Ubon Ratchathani
North eastern
Khonkaen University
22 December 2009
-
Khonkaen
North eastern
Southern College
23 December 2009
22 December 2009
Nakhonsitham marat
Southern
Mahasarakham University
23 December 2009
-
Mahasarakha m
North eastern
Source: http://www.job.mua.go.th/codes http://www.job.mua.go.th/codes/index.php /index.php
39
Competitive Analysis
Thailand is a country that emphasized to photography studio and many studios provide high quality around Thailand and Thai‟s are giving important for taking a photo (thaireform, 2010) especially Bangkok and Chiang Mai, but Chiang Rai does not have any studio that provided high quality product and completely equipment equipment in one place. However, Meepo studio will provide the best service to our customers. The studio is established loyalty customers by value added and high quality products from Meepo studio. Most of the studios in Chiang Rai are operating as a small business around downtown especially many studios close to King of Chiang Rai statue. So, if Meepo is operated in Chiang Rai, there is not high competition in this business. In other hand, the most important challenging the competitors are price competition, service, product quality, promotions and vary of the product line. So, the best way to communicate to customers directly is promotion. The studio will be promoted through the public by radio, billboards, internet and brochures. All of this channel will help Meepo studio to attach to the customers directly. Finally, the studio will be focused on the customers‟
satisfaction by created customer loyalty with good service. So, the business will run the business in Chiang Rai for getting more profit.
3.2 Marketing Mix Strategy 3.2.1 Product
In the Meepo studio, we have products and services start from taking a photo (inside & outside), printing out the photo and end at framing the photo. The studio will provide 3 packages for giving more convenience convenience and suitable for demand (the packages is shown the price and produce size). The customers can choose the best package package which is suitable for them. The price will be middle of the class when comparing with competitor studio. We are giving the middle priced with higher quality and providing best service (best service is explained in chapter 2.3 product and service). It will explain what is Meepo service provided to all the customers and this is differentiate that we will use this strategy to create value added and established brand loyalty in Chiang Rai. The studio will provide the best service from the customers coming until they go back. We also have the picture frame for customers to choose and products that contain the including the service to edit the picture in the computer before printing out to the customers, we do all for serve the customers desire, but the main job in Meepo studios is a taking a photo.
40
3.2.2 Price
Meepo Studio is provided 3 packages
13
for walking in customers to choose what they want
and field trip customers, these are: Inside the studio Package A
The standard package, Meepo Studio basic package (A), contains the photos 4x6 inches 10 pieces and photos 8x10 inches 2 piece. Added retouch service (Option) and Limit act is 40 actions. The price is at 1,490 Baht, which are Photo
Size 4x6 inches
10
pieces
Photo
Size 8x10 inches
2
pieces
Photo with frame
Size 4x6 inches
1
piece
1
piece
Photo with Louis frame Size 8x10 inches Retouch (Option) Condition: Limit act is 40/ 30 minutes. Package B
The package B, Meepo Studio package (B), contain the photos 4x6 inches 20 pieces and photos 6x8 inches 7 pieces. Added retouch service (Option) and Limit act is 80 actions for 1 hour 30 minutes. The price is at 4,900 Baht, which are Photo
Size 4x6 inches
20
pieces
Photo
Size 6x8 inches
5
pieces
Photo with Louis frame Size 12x15 inches
1
piece
Photo with Louis frame Size 16x20 inches
1
piece
Retouch (Option) Condition: Limit act is 80/ 1.30 hour
13
http://www.job.mua.go.th/codes/index.php?filename=ScheduleDegree.php
http://www.framethai.com/ http://www.canon.co.th/section/paper/
41
Package C
The package C, Meepo Studio package (C), contain the photos 4x6 inches 40 pieces and photos 6x8 inches 20 pieces. Added retouch service (Option) and Limit act is 80 actions for 2 hour. The price is at 12,900 Baht, which are Photo
Size 4x6 inches
40 pieces
Photo
Size 6x8 inches
20 pieces
Photo with Louis frame Size 10x12 inches
1 piece
Photo with Louis frame Size 12x15 inches
1 piece
Photo with Louis frame Size 16x20 inches
1 piece
Photo with Louis frame Size 20x24 inches
1 piece
80 actions with CD photo album selection Retouch (Option) Condition: Limit act is 80/ 2 hours Remarks: All package including makeup and hairdo Field trip
Meepo studio aims 2 types in field trip which are wedding and graduation ceremony. However, the company focuses on Chiang Rai province first. The other provinces are able to be service available also, but the customers will pay expense of journey in advanced. Graduation ceremony
The graduation ceremony, this target market will be graduated from bachelor degree in the University around Thailand. The average of age is between 22 to 25 years old. This is the second revenue for the studio. The average number of graduation students is approximately “525,940 people” (tanitsorat, 2009)
The price is 6,000 Baht/day. The maximum limited limited of time is 8 hours. The over time is only 2 hours/day and the overtime cost is 800 Baht/ hour/ day. Meepo Studio will deliver our service directly to the customers around Thailand. The customers can contact us through website and phone call also. Condition: All photo actions with CD photo album selection and retouch (Option). If the customers want album photo, we will offer a package to the customers in advanced.
Remark: the figure is shown in customer analysis which is 12 months of graduation ceremony in Thailand University.
42
Wedding
There are 9 provinces, which Meepo studio focuses on it. These are located in north part of Thailand. 14 No.
Province
1
Chiang Mai
2
ChaingRai
3
Lampang
4
Lamphun
5
Mae Hong Son
6
Nan
7
Phayao
8
Phrae
9
Uttaradit
The reason why the company forecast rate in very low comparing to the amount of marriage rate which is “ 25,849 couples” in 2009 is not much couples might want to use photograph service which cost is approximately 6,000 Baht including competitors which can be found around northern. Condition: All photo actions with CD photo album selection and retouch (Option). If the customers want album photo, we will offer a package to the customers in advanced.
Remark: The expense for wedding will not include account because contract that customers have to pay every expense, such as gasoline expense or hotel. Generally, general cost should not be too t oo much.
3.2.3 Place
In Meepo studio, we divide into 2 parts which are inside the studio and outside the studio. The studio will locate in Chiang Rai downtown at Thanalai road because which is located nearby schools and around of populations (Google, 2010). It is convenience and fast for customers to use the photograph and other service at Meepo studio. The Meepo studio opens at 9 a.m. to 5 p.m. every day for 365 days. Taking the photos outside service can be serve all around Thailand, but the cost will be plus by a travelling cost depends on how far is it from Meepo studio in Chiang Rai.
14
http://203.113.86.149/web_pages/m03093000/services_files/modules52_1.xls
43
Source: http://maps.google.co.th/maps
3.2.4 Promotion
We promote our studio via billboard, radio, brochure and internet. The bill board will be showed only in the downtown of Chiang Chiang Rai which is easier easier and more direct customer. customer. The radio, we will advertise at 6.00 p.m. – 8.00 p.m. and 7.00 a.m. – 9.00 a.m. at local radio in Chiang Rai because it is the time that are many people listening. We will direct advertise to the people in Chiang Rai by give them a brochure and attach shop opening discount within the brochure for attract the new customers to come and use the services at Meepo studio. We will build the website, post in many boards in many website for example www.pramool.com and post on internet communication like hi5 and Facebook for more alternative of advertise, because nowadays, internet is the most popular and easier way to communication for teenager and it will be more important way to communication in the future. Meepo studio will have a promotion according to the season and festival in that time. In the summer season, we will provide a discount promotion for outside photograph to increase the selling rating according to the good weather that people love to go outside, in the rainy season we will have the buy 3 free 1 for taking photos in the studio, because this season is in the school beginning for the students, to increas ing the selling for students and family which don‟t want to take the photo outside because of the bad weather. In winter season, we will increase the selling rate by a free gift for all the couple who come to take a photo in the studio and outside the studio. And the other promotion is according to the festival in that time base on 3 kind of principle promotion that is discount, gift and free service.
44
Season
Promotion
Target group
Service
Summer
Discount 5 – 10 %
All
Field Trip
Studio Rainy
Discount 5 – 10 %
Family & student Photogragh
Winter
Free gift
Couple
All
Festival
Vary
All
Vary V ary
3.3 STP Analysis 3.3.1 Segmentation
Our segmentation segmentation is focus on people that are going to marry per month and live in Chiang Rai province only, because Meepo service‟s price is in medium range, so it will have more possibility
chance that can tell how many of direct customer who will use Meepo service. In 2009, there are 1,227,217 populations in Chiang Rai and 4,626 people
15
who married (registered) (Department of
Provincial Administration, Administration, Ministry of Interior, 2010).
15
http://203.113.86.149/web_pages/m03093000/services.html
45
Figure: 3.2.1: the population and wedding registered in Chiang Rai, 2009
Source: http://203.113.86.149/web_pages/m03093000/services.html
3.3.2 Target
We have separated our target into 2 groups which is inside the studios group and outside the studios group. For inside group, our target is a person whose income is more than 10,000 baht per month in Chiangrai, because this group will have enough demand to use Meepo service. In Chiang Rai the population who has income more than 10,000 baht per month are 9.2% of all population in Chiang Rai (Department of Provincial Administration, Ministry of Interior, 2010), which is equal 112,913.164 person. Although we focus on this group but we welcome to everybody and we will increase more target group in the future.
46
Resource: http://203.113.86.149/web_pages/m03093000/services.html
3.3.3 Positioning
Meepo studio is in the medium to high price range with serving high quality of service that is the highest service quality in Chiang Rai. Our high quality service means, our service will depend on fulfilling customer‟s desire, need and want. We will set it to be the main point, like let‟s do what the
customers want first, we will let the customers customers desire their package (A, B or C) that is our high quality of service. We will create customer loyalty loyalty by our service which is different from others and this will create competitive advantage. Our high quality service also means we are bringing the greatest technology of picture to the customers; we have high technology of printer which can print out the pictures that have high definition and shade of color. The papers of picture we are using can endure to the weather and water because it make from the high innovation and technology (including cameras and high quality printer) that are using the better film to cover the papers, the customers will sure that their pictures will be still there with them for a long time.
47
The positioning of MeePo studio
Service MeePo Mild Memo
Memory
Bliss
Price
Figure 3.3.3.1: Meepo Studio positioning is the highest service and average in pricing 3.4 Sales Forecast/Profit Estimation
Number of marriage in 2007 = 4,604 couple
Number of marriage in 2008 = 4,906 couple
Number of marriage in 2009 = 4,626 couple
Regarding to the reference, which the amount of marriage in Chiang Rai in year 2008 was 4,906 couple and 4,626 in 2009. Household Sale Forecast
From the reference, the company forecast that the most of customers which calculated in household that have income per month that is more than 30,000 Baht, the percentage is 6.8 percent of population in Chiang Rai16. Then Meepo combines the percentage with the population of household in
16
http://chiangrai.nso.go.th/nso/project/table/files/chrai/S-ses/2552/000/chrai_S-
ses_2552_000_00000201.xls
48
Chiang Rai, which are383,74817. That means 26,095 households in Chiang Rai, which have power to use Meepo Studio‟s service.
However, the company forecast that the amount of family should be less than 100 at the beginning and keep going up 2% every year because of marketing strategy and word mouth-to-mouth power, which it mentioned above. In additional, the company forecast that sale should be increased in every festival, such as, New Year, Chinese New Year, Valentine day, Song Karn or Thailand New Year, and at the end of year. There are 3 packages available for customers in different of price depending on amount of photos especially the size of pictures. The amount of sale in each package of household will be distributed, Package A that is the lowest price that is 50%, Package B is 35%, and 15% is for Package C. When the amount of customers are increased, there is some lack of estimation which one of package has to round down, so the last package or package C is chosen because it has high possibility that it is hard to sell. The company forecasts that the most of customers will use the middle price of service because its price can be reached for everyone.
17
http://chiangrai.nso.go.th/nso/project/table/files/chrai/S-spk/2551/000/chrai_Sspk_2551_000_00000300.xls
49
Field trip
Meepo Studio aims 2 types in field trip which are wedding and graduation ceremony. However, the company focuses on Chiang Rai province first. The other provinces are able to be service available also but customers will pay expense of journey. , these are: Graduation Ceremony
Now a day, people which are graduated bachelor degree have increased and also the group of people who willing to get the best pictures for memories in the rare event of their life are enlarging in the same way, Addition, by the increasing number of populations also. Hence, there is the opportunity for us which can increase the income to our company in the same time in another way that is a field trip service in graduation ceremony. In field trip service graduation ceremony, we will provide the photographer to take pictures in each university which have graduated students in bachelor‟s degree, we also already have date of the graduation ceremony for each university which not arrange on the same day. Then we will have the service to retouch the photos before s end it back to the customer‟s in 3 to 5 days exclude the time of delivery. The customers can order to do anything in the way they want to in every steps from the kind of photo paper, the style of the taken picture, the feeling of the picture they want, the color tone, light, shadow, and etc. So the customers will surely that they will get what they need exactly. The price of this service is around 4,000 and 2,500Baht for a full day and a half day, moreover it is already included the price of gas but it can be changeable depends on some factor such as the very high gas price. The sale for each year is fixed 28 sales which is 168,000 Baht per years, because the gradation day is fixed and the photographer we available available also fix for 1 person in each graduation day. So our sale in graduation for fieldtrip is fixed every year. By the unchanged sales we can estimate the income, cost and any plan we are going to do more easily. Price & duration
Price
Time
Duration
6,000 Baht
8.00 – 12.00, 13.00 – 17.00
8 hours
3,250 Baht
8.00 – 12.00 or 13.00 – 17.00
4 hours
50
Wedding
There are 9 provinces, which Meepo Studio focuses on it; these are located in north part of Thailand. 18 No.
Province
1
Chiang Mai
2
ChaingRai
3
Lampang
4
Lamphun
5
Mae Hong Son
6
Nan
7
Phayao
8
Phrae
9
Uttaradit
Sale forecast for wedding should be growing rate of sale because at the first period, the company is not much famous to serve customers. The company forecast that the first year should have 2 events per month. Then sale increase 1 time per month in every year. The reason why the company forecast rate in very low comparing to the amount of marriage rate which is 25,849 couples in 2009 is not much couples might want to use photograph service which cost is approximately 6,000 Baht including competitors which can be found around north part. Remark: The expense for wedding will not include account because contract that customers have to pay every expense, such as gasoline expense or hotel. Generally general cost should not be too much.
18
http://203.113.86.149/web_pages/m03093000/services_files/modules52_1.xls
51
Year 2012
Raining season
Sale Volume
Product and Service
Price
1
2
3
4
5
6
7
8
9
10
11
12
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Cost
Total
Sale Volume Studio Package
Package A
1,490
578
40
42
13
26
13
13
13
13
13
16
26
34
262
Package B
4,900
953
28
29
9
18
9
9
9
9
9
11
18
24
182
Package C
12,900
1,377
12
13
4
8
4
4
4
4
4
5
8
10
80
2
2
2
2
2
2
2
24
Field trip
Wedding
6,000
600
Graduation
6,000
1,600
Total
2
2
2
2
2
6
4
6
2
1
-
1
2
-
2
1
3
28
88
90
34
56
29
28
29
30
28
36
55
73
576
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
Sale
Product and Service
Price
Cost
Sale Studio-wedding
Package A
1,490
578
59,600
62,580
19,370
38,740
19,370
19,370
19,370
19,370
19,370
23,840
38,740
50,660
390,380
Package B
4,900
953
137,200
142,100
44,100
88,200
44,100
44,100
44,100
44,100
44,100
53,900
88,200
117,600
891,800
Package C
12,900
1,377
154,800
167,700
51,600
103,200
51,600
51,600
51,600
51,600
51,600
64,500
103,200
129,000
1,032,000
Field trip
Wedding
6,000
600
12,000
12,000
12,000
12,000
12,000
12,000
12,000
12,000
12,000
12,000
12,000
12,000
144,000
Graduation
6,000
1,600
36,000
24,000
36,000
12,000
6,000
-
6,000
12,000
-
12,000
6,000
18,000
168,000
399,600
408,380
163,070
254,140
133,070
127,070
133,070
139,070
127,070
166,240
248,140
327,260
2,626,180
Total
52
Cost
Jan Product and Service
Price
Feb
Mar
Apr
May
Jun
Cost
Jul
Aug
Sep
Oct
Nov
Dec
Total
Sale Studio-wedding
Package A
1,490
578
23,120
24,276
7,514
15,028
7,514
7,514
7,514
7,514
7,514
9,248
15,028
19,652
151,436
Package B
4,900
953 953
26,684
27,637
8,577
17,154
8,577
8,577
8,577
8,577
8,577
10,483
17,154
22,872
173,446
Package C
12,900
1,377
16,524
17,901
5,508
11,016
5,508
5,508
5,508
5,508
5,508
6,885
11,016
13,770
110,160
Field trip
Wedding
6,000
600
1,200
1,200
1,200
1,200
1,200
1,200
1,200
1,200
1,200
1,200
1,200
1,200
14,400
Graduation
6,000
1,600
9,600
6,400
9,600
3,200
1,600
-
1,600
3,200
-
3,200
1,600
4,800
44,800
77,128
77,414
32,399
47,598
24,399
22,799
24,399
25,999
22,799
31,016
45,998
62,294
494,242
Total
53
Year 2013
Raining season
Sale Volume
Product and Service
Price
1
2
3
Jan
Feb
Mar
4 Apr
5 May
6
7
8
9
10
11
12
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Cost
Total
Sale Volume
Studio Package
Package A
1,490
578
79
84
26
52
26
26
26
26
26
32
53
68
524
Package B
4,900
953
55
58
18
36
18
18
18
18
18
22
37
48
364
Package C
12,900
1,377
24
25
8
16
8
8
8
8
8
9
16
20
158
Wedding
6,000
600
3
3
3
3
3
3
3
3
3
3
3
3
36
Graduation
6,000
1,600
6
4
6
2
1
-
1
2
-
2
1
3
28
167
174
61
109
56
55
56
57
55
68
110
142
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
Field trip
Total
1,110
Sale
Product and Service
Price
Cost
Package A
1,490
578
117,710
125,160
38,740
77,480
38,740
38,740
38,740
38,740
38,740
47,680
78,970
101,320
780,760
Package B
4,900
953
269,500
284,200
88,200
176,400 176,400
88,200
88,200
88,200
88,200
88,200
107,800 107,800
181,300
235,200
1,783,600
Package C
12,900
1,377
309,600
322,500 322,500
103,200
206,400
103,200 103,200
103,200 103,200
103,200
103,200
103,200 103,200
116,100
206,400
258,000 258,000
2,038,200
Wedding
6,000
600
18,000
18,000
18,000
18,000
18,000
18,000
18,000
18,000
18,000
18,000
18,000
18,000
216,000
Graduation
6,000
1,600
36,000
24,000
36,000
12,000
6,000
-
6,000
12,000
-
12,000
6,000
18,000
168,000
750,810
773,860
284,140
490,280
254,140
248,140
254,140
260,140
248,140
301,580
490,670
630,520
4,986,560
Sale
Studio-wedding
Field trip
Total
54
Cost
Jan Product and Service
Feb
Mar
Apr
May
Jun
Aug
Sep
Oct
Nov
Dec
Total
15,028
15,028
15,028
18,496
30,634
39,304
302,872
17,154
17,154
17,154
17,154
20,966
35,261
45,744
346,892
11,016
11,016
11,016
11,016
11,016
12,393
22,032
27,540
217,566
1,800
1,800
1,800
1,800
1,800
1,800
1,800
1,800
1,800
21,600
9,600
3,200
1,600
-
1,600
3,200
-
3,200
1,600
4,800
44,800
54,598
91,396
46,598
44,998
46,598
48,198
44,998
56,855
91,327
119,188
933,730
Price
Cost
Package A
1,490
578
45,662
48,552
15,028
30,056
15,028
15,028
Package B
4,900
953
52,415
55,274
17,154
34,308
17,154
Package C
12,900
1,377
33,048
34,425
11,016
22,032
Wedding
6,000
600
1,800
1,800
1,800
Graduation
6,000
1,600
9,600
6,400
142,525
146,451
Jul Sale
Studio-wedding
Field trip
Total
55
Year 2014
Raining season
Sale Volume
Product and Service
1
2
3
4
5
6
7
8
9
10
11
12
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec Dec
Total
Price
Cost
Package A
1,490
578
117
125
39
78
39
39
39
39
39
47
78
102
781
Package B
4,900
953
82
88
27
55
27
27
27
27
27
33
55
71
546
Package C
12,900
1,377
35
38
12
23
12
12
12
12
12
14
23
31
236
Wedding
6,000
600
4
4
4
4
4
4
4
4
4
4
4
4
48
Graduation
6,000
1,600
6
4
6
2
1
-
1
2
-
2
1
3
28
244
259
88
162
83
82
83
84
82
100
161
211
1,639
Sale Volume
Studio Package
Field trip
Total
Sale
Jan Product and Service
Feb
Mar
Apr
May
Jun
Aug
Sep
Oct
Nov
Dec Dec
Total
58,110
58,110
58,110
70,030
116,220
151,980
1,163,690
132,300
132,300
132,300
132,300
161,700
269,500
347,900
2,675,400
154,800 154,800
154,800
154,800
154,800
154,800 154,800
180,600
296,700
399,900 399,900
3,044,400
24,000
24,000
24,000
24,000
24,000
24,000
24,000
24,000
24,000
288,000
36,000
12,000
6,000
-
6,000
12,000
-
12,000
6,000
18,000
168,000
405,210
718,420
375,210
369,210
375,210
381,210
369,210
448,330
712,420
941,780
7,339,490
Price
Cost
Package A
1,490
578
174,330
186,250
58,110
116,220
58,110
58,110
Package B
4,900
953
401,800
431,200 431,200
132,300
269,500
132,300
Package C
12,900
1,377
451,500
490,200
154,800
296,700
Wedding
6,000
600
24,000
24,000
24,000
Graduation
6,000
1,600 1,600
36,000
24,000
1,087,630
1,155,650
Jul Sale
Studio-wedding
Field trip
Total
56
Cost
Jan Product and Service
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec Dec
Total
15,606
15,606
15,606
19,074
31,790 31,790
41,038
315,588
11,436
11,436
11,436
11,436
13,342
21,919 21,919
29,543
224,908
-
-
-
-
-
-
-
-
-
1,200
600
-
600
1,200
-
1,200
600
1,800
16,800
140,800
259,200
132,800
131,200
132,800
134,400
131,200
160,000
257,600
337,600
2,622,400
171,442
314,109
160,442
158,242
160,442
162,642
158,242
193,616
311,909
409,981
3,179,696
Price
Cost
Package A
1,490
578
47,396
50,864
15,606
31,790
15,606
15,606
Package B
4,900
953
33,355
36,214
11,436
21,919
11,436
Package C
12,900
1,377
-
-
-
-
Wedding
6,000
600
3,600
2,400
3,600
Graduation
6,000
1,600
390,400
414,400
474,751
503,878
Sale Volume
Studio Package
Field trip
Total
57
Year 2015
Raining season
Sale Volume
Product and Service
1
2
3
4
5
6
7
8
9
10
11
12
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
Price
Cost
Package A
1,490
578
157
167
52
104
52
52
52
52
52
63
104
136
Package B
4,900
953
110
117
37
73
37
37
37
37
37
44
73
95
734
Package C
12,900
1,377
47
50
16
31
16
16
16
16
16
19
31
41
315
Wedding
6,000
600
5
5
5
5
5
5
5
5
5
5
5
5
60
Graduation
6,000
1,600
6
4
6
2
1
-
1
2
-
2
1
3
28
325
343
116
215
111
110
111
112
110
133
214
280
2,180
Sale Volume
Studio Package
1,043
Field trip
Total
Sale
Jan Product and Service
Feb
Mar
Apr
May
Jun
Aug
Sep
Oct
Nov
Dec
Total
77,480
77,480
77,480
93,870
154,960
202,640
1,554,070
181,300
181,300
181,300
181,300
215,600
357,700
465,500
3,596,600
206,400 206,400
206,400
206,400
206,400
206,400 206,400
245,100
399,900
528,900
4,063,500
30,000
30,000
30,000
30,000
30,000
30,000
30,000
30,000
30,000
360,000
36,000
12,000
6,000
-
6,000
12,000
-
12,000
6,000
18,000
168,000
531,180
954,560
501,180
495,180
501,180
507,180
495,180
596,570
948,560
1,245,040
9,742,170
Price
Cost
Package A
1,490
578
233,930
248,830
77,480
154,960
77,480
77,480
Package B
4,900
953
539,000
573,300 573,300
181,300
357,700
181,300
Package C
12,900
1,377
606,300
645,000
206,400
399,900
Wedding
6,000
600
30,000
30,000
30,000
Graduation
6,000
1,600 1,600
36,000
24,000
1,445,230
1,521,130
Jul Sale
Studio-wedding
Field trip
Total
58
Cost
Jan Product and Service
Feb
Mar
Apr
May
Jun
Aug
Sep
Oct
Nov
Dec
Total
21,386
21,386
21,386
25,432
42,194
54,910
424,252
15,248
15,248
15,248
15,248
18,107
29,543
39,073
300,195
-
-
-
-
-
-
-
-
-
1,200
600
-
600
1,200
-
1,200
600
1,800
16,800
185,600
344,000
177,600
176,000
177,600
179,200
176,000
212,800
342,400
448,000
3,488,000
225,834
416,937
214,834
212,634
214,834
217,034
212,634
257,539
414,737
543,783
4,229,247
Price
Cost
Package A
1,490
578
63,580
67,626
21,386
42,194
21,386
21,386
Package B
4,900
953
44,791
47,650
15,248
29,543
15,248
Package C
12,900
1,377
-
-
-
-
Wedding
6,000
600
3,600
2,400
3,600
Graduation
6,000
1,600
520,000
548,800
631,971
666,476
Jul Sale
Studio-wedding
Field trip
Total
59
Year 2016
Raining season
Sale Volume
Product and Service
1
2
3
4
5
6
7
8
9
10
11
12
Jan
Feb
Mar
Apr
May
Jun Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
Price
Cost
Package A
1,490
578
196
209
65
131
65
65
65
65
65
78
131
170
1,305
Package B
4,900
953
137
146
46
91
46
46
46
46
46
55
91
119
915
Package C
12,900
1,377
59
63
20
39
20
20
20
20
30
23
39
51
404
Wedding
6,000
600
6
6
6
6
6
6
6
6
6
6
6
6
72
Graduation
6,000
1,600
6
4
6
2
1
-
1
2
-
2
1
3
28
404
428
143
269
138
137
138
139
147
164
268
349
2,724
Sale Volume
Studio Package
Field trip
Total
Sale
Jan Product and Service
Feb
Mar
Apr
May
Jun Jun
Aug
Sep
Oct
Nov
Dec
Total
96,850
96,850
96,850
116,220
195,190
253,300
1,944,450
225,400
225,400
225,400
225,400
269,500
445,900
583,100 583,100
4,483,500
258,000 258,000
258,000
258,000 258,000
258,000 258,000
387,000 387,000
296,700
503,100
657,900
5,211,600
36,000
36,000
36,000
36,000
36,000
36,000
36,000
36,000
36,000
432,000
36,000
12,000
6,000
-
6,000
12,000
-
12,000
6,000
18,000
168,000
652,250
1,192,190
622,250
616,250
622,250
628,250
745,250
730,420
1,186,190
1,548,300
12,239,550
Price
Cost
Package A
1,490
578
292,040
311,410
96,850
195,190
96,850
96,850
Package B
4,900
953
671,300
715,400 715,400
225,400
445,900
225,400
Package C
12,900
1,377
761,100
812,700
258,000
503,100
Wedding
6,000
600
36,000
36,000
36,000
Graduation
6,000
1,600 1,600
36,000
24,000
1,796,440
1,899,510
Jul Sale
Studio-wedding
Field trip
Total
60
Cost
Jan Product and Service
Feb
Mar
Apr
May
Jun Jun
Aug
Sep
Oct
Nov
Dec
Total
37,570
37,570
37,570
45,084
75,718
98,260
754,290
43,838
43,838
43,838
43,838
52,415
86,723
113,407
871,995 871,995
27,540
27,540
27,540
27,540
41,310
31,671
53,703
70,227
556,308
3,600
3,600
3,600
3,600
3,600
3,600
3,600
3,600
3,600
43,200
9,600
3,200
1,600
-
1,600
3,200
-
3,200
1,600
4,800
44,800
122,148
222,944
114,148
112,548
114,148
115,748
126,318
135,970
221,344
290,294
2,270,593
Price
Cost
Package A
1,490
578
113,288
120,802
37,570
75,718
37,570
37,570
Package B
4,900
953
130,561
139,138
43,838
86,723
43,838
Package C
12,900
1,377
81,243
86,751
27,540
53,703
Wedding
6,000
600
3,600
3,600 3,600
3,600
Graduation
6,000
1,600
9,600
6,400
338,292
356,691
Jul Sale
Studio-wedding
Field trip
Total
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3.5 Marketing Expenses (Sale Incentive)
The studio will be divided by four types of expense, these are 1. Commercial (radio) 2. Brochure 3. Internet 4. Billboard 1. Commercial (radio)
The studio will be promoted into 2 channels, 90.75 MHz and 107.25 MHz
The price is 4,000 Baht per month/ 30 second
Time period is at 17.00 – 19.00 every day
Source: http://www.chiangraifocus.c http://www.chiangraifocus.com/webboa om/webboard/view.php?Q rd/view.php?Qid=8816&cat id=8816&cat=2 =2 2. Brochure
It will be at first day of operating business and every 4 months
The number of brochure will be 4 A4/ 1 Baht / 1000 pages
The price is 250 Baht
Source: Mr. Copy interviewed interviewed 3. Internet
The studio will rent at web(hostinglotus, 2010)
The hosting 5GB price is 500 Baht/ year
The domain price is 269 Baht
Source: http://www.hostinglotus.com 4. Billboard
1 billboard in Chiang Rai and changed every the beginning of year
6 months contract
The size is 20x24
The price is 6,000 Baht per 1 billboard
Source: Phone called
62
Marketing expenses Year 2012 Expense/Month JAN Commercial (radio) 4,000 Brochure 250 Making website cost 15,990 Internet domain hosting 269 Internet 500 Billboard 36,000
FEB 4,000 4,000
MAR 4,000
APR 4,000 250
MAY 4,000
JUN 4,000
JUL 4,000 250
AUG 4,000
SEP 4,000
OCT 4,000 250
NOV 4,000
DEC 4,000
Total 48,000 48,000 1,000 15,990 269 500 72,000 137,759
AUG 4,000
SEP 4,000
OCT 4,000 250
NOV 4,000
DEC 4,000
Total 48,000 48,000 1,000 500 72,000 121,500
AUG 4,000
SEP 4,000
OCT 4,000 250
NOV 4,000
DEC 4,000
Total 48,000 48,000 1,000 500
36,000
Total
Marketing expenses Year 2013 Expense/Month JAN Commercial (radio) 4,000
Brochure Internet Billboard Total
MAR 4,000
250 500 36,000
Marketing expenses Year 2014 Expense/Mont h JAN Commercial (radio) 4,000 Brochure 250 Internet 500
Billboard Total
FEB 4,000 4,000
36,000
APR 4,000 250
MAY 4,000
JUN 4,000
JUL 4,000 250 36,000
FEB 4,000 4,000
MAR 4,000
APR 4,000 250
MAY 4,000
JUN 4,000
JUL 4,000 250
36,000
72,000 121,500
63
Marketing expenses Year 2015 Expense/Mont h JAN Commercial (radio) 4,000 Brochure 250 Internet 500 Billboard 36,000 Total
Marketing expenses Year 2016 Expense/Mont h JAN Commercial (radio) 4,000
Brochure Internet Billboard Total
250 500 36,000
FEB 4,000 4,000
MAR 4,000
APR 4,000 250
MAY 4,000
JUN 4,000
JUL 4,000 250
AUG 4,000
SEP 4,000
OCT 4,000 250
NOV 4,000
DEC 4,000
Total 48,000 48,000 1,000 500 72,000 121,500
AUG 4,000
SEP 4,000
OCT 4,000 250
NOV 4,000
DEC 4,000
Total 48,000 48,000 1,000 500 72,000 121,500
36,000
FEB 4,000 4,000
MAR 4,000
APR 4,000 250
MAY 4,000
JUN 4,000
JUL 4,000 250
36,000
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3.6 Conclusion in market feasibility
According to the Sale forecast, Meepo studio is going to operate the business in Chiang Rai, at Chiang Rai King R. in 2012. The company will be presented to the public by 4 channels to attack the customers customers and focus on the Chiang Rai‟s Rai‟s customers. customers. Meepo studio has 2 main main segmentations segmentations
which are in the studio and flied trip (outside the company). The main way to promote the public is radio channel. The studio plans to grow up in 5 years. At the first period, the studio will do continuing in marketing in every 3 months by brochure and bill boards around Chiang Rai. The Studio believes that after one year, the company will be known around Chiang Rai market. In every Valentine‟s Day,
the studio will do promoting to attack the bridge and groom who are interested in wedding in this day. So, this is marketing for our studio at the first period of running business. The sales of Meepo studio, in month February, the sale will highest (approximately times 3 when comparing to other months), because from the reference, most of couple like to marry in Valentine‟s Day and the sales will be decrease in May, June, July and August. In the first year (2012),
we estimate the sale to 2% of Chiang Rai couple married which equal 144 couple or 37,948,800 Baht for the sale of this year who will use our service. We also estimate the sale of our service will increase 2% for each year forward. In year 2016, the sale of Meepo studio will be 336 couple or 2,017,752,800 Baht. This is our first strategy for forecasting in 5 years projects. For the marketing expense cost, there are stable for the last 4 years which is 121,500 Baht, but the beginning of year 1, the studio pays 137,749 Baht which is higher than other months because Meepo Studio needs to pay for internet domain hosting. These are all about the marketing expense for the company.
65
Chapter 4 Technical Feasibility Study
66
Chapter 4 4.1 Production and Operation Analysis 4.1.1 Product characteristics Inside studio – we provide taking photograph inside the room that have studio equipment example
light and blue screen for the best photograph
Service – the service that we serve inside the studio
In the studio, the photographer will use one camera to take the photograph because he has enough time to change the lens and any factor. The customer can act any and have many shot of photo that they want. Every taken photo will be shown in the computer which the customer can delete, select and print out which picture that they want, also they can copy all the photos they took by writing in CD-ROM with the cost of 150 Baht. In the studio light, reflect to make the photograph looks better, and in Meepo studio also has sofa and dolls to be the props in taking photo. The background in M eepo studios has 10 colors which are white, black, blue, yellow, green, red, brown, purple, pink, gray to change to feeling of the taken photograph.
Products – we provide three packages of photograph that will match to the demand of the
customers. Package A
The standard package, Meepo Studio basic package (A), contains the photos 4x6 inches i nches 10 pieces and photos 8x10 inches 2 piece. Added retouch service (Option) and Limit act is 40 actions. The price is at 1,490 Baht, which are
Photo
Size 4x6 inches
10 pieces
Photo
Size 8x10 inches
2 pieces
Photo with frame Size 4x6 inches
1 piece
Photo with Louis frame Size 8x10 inches
1 piece
Retouch (Option)
Condition: Limit act is 40/ 30 minutes.
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Package B
The package B, Meepo Studio package (B), contain the photos 4x6 inches 20 pieces and photos 6x8 inches 7 pieces. Added retouch service (Option) and Limit Limit act is 80 actions for 1 hour 30 minutes. The price is at 4,900 Baht, which are
Photo
Size 4x6 inches
20 pieces
Photo
Size 6x8 inches
5 pieces
Photo with Louis frame Size 12x15 inches
1 piece
Photo with Louis frame Size 16x20 inches
1 piece
Retouch (Option)
Condition: Limit act is 80/ 1.30 hour
Package C
The package C, Meepo Studio package (C), contain the photos 4x6 inches 40 pieces and photos 6x8 inches 20 pieces. Added retouch service (Option) and Limit Limit act is 80 actions for 2 hour. The price is at 12,900 Baht, which are
Photo
Size 4x6 inches
40 pieces
Photo
Size 6x8 inches
20 pieces
Photo with Louis frame Size 10x12 inches
1 piece
Photo with Louis frame Size 12x15 inches
1 piece
Photo with Louis frame Size 16x20 inches
1 piece
Photo with Louis frame Size 20x24 inches
1 piece
80 actions with CD photo album selection
Retouch (Option)
Condition: Limit act is 80/ 2 hours Field trip – we provide the service to take photograph outside at any place which customers order.
The cost of travelling is separated from the other cost but in normally this cost is free if the place is not far from the studio more than 20 kilometers.
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Graduation Ceremony
Service - the service that we serve outside the studio and the staff will go around Thailand
depends on the customers contact to our studio. Field trip – the cost of field trip photograph is 6,000 Baht per 8 hours in one day, 3,250 Baht per 4 hour in the morning or in afternoon. The cost in the night is 3,000 baht per 4 hour as the normal price. The overtime cost is 800 Baht per hour but maximum overall time is not more than 10 hours. We also have a service in the night which is cost 6,000 Baht/ event/ hour. The traveling cost is 8 Baht per kilometers far from the Meepo studio which exclude from the taking photo cost. The photographer will bring 2 cameras which one is to take the normal distance and another one is to take far distance. Because some situation, the photographer not have enough time to change the lens and any factors. Other accessories for example reflect, light and flash, the photographer will bring with him is elastic depends on each style, like, and technical of that photographer.
Wedding Ceremony
Service - the service that we serve outside the studio and the staff will go for 9 provinces
around Chiang Rai depend on the customers contact to our studio. Field trip – the cost of field trip photograph is 6,000 Baht per 8 hours in one day, 3,250 Baht per 4 hour in the morning or in afternoon. The cost in the night is 3,000 baht per 4 hour as the normal price. The overtime cost is 800 Baht per hour but maximum overall time is not more than 10 hours. We also have a service in the night which is cost 6,000 Baht/ event/ hour. The traveling cost is 8 Baht per kilometers far from the Meepo studio which exclude from the taking photo cost. The photographer will bring 2 cameras which one is to take the normal distance and another one is to take far distance. Because some situation, the photographer not have enough time to change the lens and any factors. Other accessories for example reflect, light and flash, the photographer will bring with him is elastic depends on each style, like, and technical of that photographer.
Products – Both of field trip, we provide three packages of photograph album that will match
to the demand of the customers (Package A, B and C). Remark: The package is same as inside studio and price of both field trips are the same price.
69
Other service providing
Hair do – we also have a hair do service for the customer who want to have a hair do. The hair do service we cooperation with First cut shop and SP wedding, haircut. The price is 150 baht to 3,000 Baht depends on the difficult of hair style.
Figure 4.1.1.1: Photos of hair design
(women.kapook, (women.kapook, 2010)
Source: http://www. globalfashionreport.com
Makeup – we also have a makeup service for the customer who wants to make up. The makeup service we cooperation with First cut shop and SP wedding, haircut (h.88db, 2010). The price is 150 baht to 3,000 baht depends on the event that customers order to do. Figure 4.1.1.2: Photos of hair design
70
Source: http://www. globalfashionreport.com
Dress up – we also have a dress up service for the customer who wants to dress different for change the feeling of the picture when taking a photo and serve the customers demand. The dress up service we cooperation with Memory Studio (taradcenter, 2010). The price is 100 baht to 500 baht depends on the dress that customers order for rent. Figure 4.1.1.3: Clothes for rent
Source: http://www.shop.weddingsquare.co.th
Frame – we also sell frames for the photograph by provide the example picture of the frame in the book for choose, the customer can select the style, size and color of the frame. The selected frame will finish and be sent to the Meepo studio in 1-3 days. We are cooperate with Photo Album Shop Remark: Other options are cooperation with other professional shore such as hair shop and frame shop and the hairdo and make up is included.
4.1.2 Service Process
Meepo studio is providing very well priced to the customers with the best service providing from our employees. The photos are very important important to every customer. So, we are providing very specific about what the customers wanted. The photographer will be very professional in this business and the photographer will do everything the customers needed and the pictures came out awesome photo. Every time the customers come, the customers receive a great service no matter who are they. The whole picture process can be successful and professional because our helped through every step with a great management team from our studio also. The most important is smiling in every employees and shop designed.
71
Service steps
Every time the customers comes, we welcome them with smiling to every one
Special service for example water and cookie and provide the best service as we can in every time they asked for
We will ask what the customers needed
After we know what the customers needed, the studio will show the customers the best products and packages to satisfy our customers
Our employees will be advised to our customers what is the best package and suitable for our customers. So, we will let they decided and let the customer know about the approximately price.
After they agreed, we give more information in the next step how to operate as a real wedding in computer, this is for the wedding ceremony, but we will operate in 15 days for whole information for example place and approximately price.
After 15 days, we will let the customer choose everything for their wedding ceremony for example wedding gifts, clothes for bride and groom, wedding cards and wedding designed (this is for wedding ceremony‟s ceremony‟s custo mers).
The customers pay for 30 percent deposited
To prepare all the product pr oduct or service to the customers
Received the product or service
Condition: More information about service processing is shown in chapter 2.3 : Products and Service Remark: It is separated into two targets which is walk in and field trip customers
Source: Compared brochure’s competitors
4.1.3 Location
MeePo Studio is located in place where is near Suan Tung, center of Chiang Rai province. It is 200 meters from Kuapayamengrai Kuapayamengrai Bridge or known as new bridge. This is the main road for journal people. This place will be easy to see according next to main Street.
72
Figure 4.1.3.1: Map of Meepo Studio
Source: http://www.chiangraifocus.com/forums/index.php?topic=40702.0
73
4.1.4 Facility Layout Initial Structure
Green Hill Property Development limited develops the building that Meepo Studio is located for office studio. There are 7 units for this project, which the company chooses that is B6.Front wide is 4.5 meters. Land area is estimated 45 square meters. Style of building has 3 floors, first floor is empty area with 1 restroom, 2 nd floor has one bedroom with rest room, and 3rd floor has 2 bedrooms and 2 rest rooms. The building has good structure according to the steel, which is produced by Millenium Steel PLC, known as good steel company. However, Meepo Studio perceived perceived that it has to be adapted for appropriate with for shop and office. Figure 4.1.4.1.: Building image of Meepo Studio
Source: http://www.chiangraifocus.com/forums/index.php?topic=40702.0
74
4.1.4.2 Store Layout
Figure 4.1.4.3: 1st floor structure Referring to the above figure, entry way and it is designed in transparency including wall which is same side of the door. The purpose is to see inside clearly and image of Meepo Studio will be seemed friendly. Then 2 glass cabinets are put to show the company‟s performance. Moreover, it can persuade customers to be
interested. Living room is set in 2 sofas and little one table, under of it has work of Meepo in pocket books.
Figure 4.1.4.4: at the backdoor on 1st floor Counter is at in living room. It is easy and faster to serve customers. At the back of the first floor, 2 tables for officers, photographers edit the photo. The yellow one at the back is cabinet. It is for miscellaneous thing. At the back of the room, which is near stair, the kitchen room will be here and toilet include. The toilet is only for staff. One sink for washing dish is next to the toilet. The kitchen table is located on the middle place of the room. 4 chairs are also provided.
75
Figure 4.1.4.5: 2ndfloor structure The wall at east side is closed by black curtain because of studio room; the blue square color in studio is glass cabinet. The place for taking photos is in 2 nd floor. One sofa and table is in the same room.4 light studios are set in right side which the amount is 2, and 2 are at left side. The middle place between light studios is camera. Tripod is always set there. Rest room is available on this floor that is for only customers. Storage room is also on this floor, it is fortools, which is relevance about studio.
Figure 4.1.4.6:3rd floor structure
76
The 3rd floor is set for only storage room. 2 toilets are also provided although it is not the purpose of the company according to the building structure. Every equipment and tool, which is not always used, will be stored on 3 rd floor. Car park There is car parking that provide for customers. However, it is not formal because it seems like parking on street which there are some little bricks blocked for parking. Meepo Studio is not able to invest in car park because of lack of area. F F i g Figure 4.1.4.7: Car park area
77
4.1.5 Machine/Tools/Equipment Machine/Tools/Equipment Office Computer graphic designed
Imac 27 nich
core i5
price: 68,000 Baht
Office computer
Acer Aspire X1800-631G
5000M(9007)
17 inch
Price: 16,000 Baht
High Quality Printer
Print Line drawings(1 17 sec/page on A1/D
Color images(2 Fast: 18 sec/page sec/page on A1/D or up to 128.5 m²/hr (1383 ft²/hr) on coated media
Best: 3.4 min/page on A1/D or up to 13.1 m²/hr (141 ft²/hr) on glossy media
Maximum print speed(1 140 m²/hr (1500 ft²/hr)
Print resolution Up to 2400 x 1200 optimized dpi from 1200 x 1200 input dpi and
Optimization
For Photo Paper selected
Margins
(top x bottom x left x right)
5 x 5 x 5 x 5 mm (0.2 x 0.2 x 0.2 x 0.2 in)
Technology HP Thermal Inkjet
Ink cartridge colors Chromatic red, magenta, matte black, photo black, yellow, light cyan, light gray,
78
light magenta
Ink types HP Vivid Photo Inks
Ink drop 4 pl (lc, lm, lg, pK), 6 pl (R, M, Y, mK)
Ink cartridge size 775 ml
Line accuracy +/- 0.1%
Minimum line width 0.02 mm (0.0008 in)
Guaranteed minimum line width 0.067 mm Image quality
Color accuracy Median 95% of real colors
Short term color stability in 5 minutes
Print-to-print repeatability Average
Maximum optical density 4.5 L* min/2.31 D7
Price 42,000 Baht
Filing Cabinet
4 Drawer Fireproof
Filing Cabinets JIS FRD-II-40
Price: 7,600 Baht
Index Cabinet Front Show
Price: 29,000 Baht
DIVA L-shape sofa
Red color
Price: 14,900 Baht
Cabinet
Sofa
79
Fan
HATARI HA-W16M2
16 Nich
Price:998 Baht
Index table collection
Price: 2,900 Baht
Front Table
Front Counter
Index counter
Price: 8,500 Baht
Office Desk
Index office desk
Price: 4,200 Baht
Index Office Chair
Index working chiar
Red color
Price: 1,890 Baht
80
Office Telephone
KX-T2373MX
Speaker inside
Price: 1,490 Baht
LCD TV SAMSUNG LCD
32 Nich
Price: 13,990 Baht
Television
Air conditioner
LG Air Conditioner
JET COOL
Price: 17,900 Baht
Coffee Machine
Senseo coffee machine
Price: 1,200
81
Speaker Audio
SpeakerAudioengine
Including 6 pieces
Price: 8100 Baht
Fino Mio Rectro Premium
125 cc.
Price : 47,000 Baht
Hilux Vigo Extra Cab
2.5 E Metallic
2494 cc 4WD
Price: 646,000 Baht
Canon Brand
LS-120Hi II
Price: 279 Baht
Motorcycle
Office Car
Calculation
82
Paper (A4)
Shih-Tzu Brand
A4 80g. (5 ream) r eam)
Price: 455Baht
I-YA Brand
Round (100 pieces)
Price: 12Baht
Max Brand
HD-10NX
Price: 114 Baht
Elephant brand
T-10
Price: 28 Baht
Clip Files
Stapler
Staple piece
83
Punch
Horse Brand
H-280
Price: 70 Baht
Elephant Brand
OFE 0265
6.5 inches
Price: 22 Baht
Horse Brand
H-9100 2B
Price: 35 Baht
Staedtler Brand
52635F
Price: 4 Baht
Scissors
Pencil
Eraser
84
Pen
Horse Brand
H-05
Price: 3.5 Baht
Correcting fluid
Liquid Paper Brand
Mini squich
Price: 47 Baht
Clear adhesive tape
Uni Tape Brand
3" 1"x72 y
Price: 57 Baht
Horse Brand
Silver
Price: 26 Baht
Cutter
85
Ruler
I-On Brand
12 inches
White
Price: 45 Baht
Horse Brand
Blue color
Price: 75 Baht
Stamp Pad
Stamp Pad Ink
Horse Brand
Water resistant
30 cc.
Blue Color
Price: 16 Baht
Paper Cutter
SDI Brand
# 1861
33x38.1 cm. B4
Price: 959 Baht
86
Paper Mat
Argo Brand
ACM-6090
60x90 cm. A1
Price: 810 Baht
Elephant Brand
210P A4
3 cm.
Black color
Price: 310 Baht/ 6 pieces
File
87
Dressing room
Cloth line
Hanging 000048
W30 cm. L110 cm. H180 cm.
Price: 4,500 Baht
Vintage
Price: 1,500 Baht
Mirror in
88
Kitchen
Table and Chair
Index table and chair 00643
Price: 7,600 Baht
Kitchen Sink
Index product
Freestanding kitchen sink
Price: 1,500 Baht
Refrigerator
Mitsubishi 6.4 Q
MR-18XA
Vitamin keeping
Price: 5,990 Baht
Samsung MW73 V
Price: 2,390 Baht
Microwave
89
Water Heater
Panasonic NC-TWS22
Keeping hot longer
Price: 950Baht
Prestige Dinnerware
Index Prestige Dinnerware
Including dishes and cup
Price: 3,000 Baht
Toilet
Mirror in toilet
Index mirror
White color
Price: 450 Baht
Toto Nazaz CW-795U-1
White color
Price: 11,000 Baht
Flush toilet
90
Basin
Toto LT942PT942F
White color
Price: 2,690 Baht
Flush cleaner
UDC Brand
White color
Price: 55 Baht
UDC Brand
White color
Price: 55 Baht
Shower
91
4.1.6 Logistics Management
Supply chain management
19
is a cross-function approach including managing the movement
of raw materials into an organization, certain aspects of the internal processing of materials into finished goods, and the movement of finished goods out of the organization and toward the endconsumer. As organizations strive to focus on core competencies and becoming more flexible, they reduce their ownership of raw materials sources and distribution channels. These functions are increasingly being outsourced to other entities that can perform the activities better or more cost effectively. The effect is to increase the number of organizations involved in satisfying customer demand, while reducing management control of daily logistics operations and controls the efficient, effective forward and reverse flow and storage of goods, services and related information between the point of origin and the point of consumption in order to meet customer & legal requirements. A professional working in the field of logistics management management is called a logistician. (Business dictionary, 2010)
Retailer store order cycle Retailer→ Packaging → Transportation → Receiver (Meepo Studio)
Films paper, paper, ordered from P.&.C.SHOP P.&.C.SHOP 10/93 Sungsan 5 R. Bang Bang Kare Bangkok 10160 Picture frame, ordered from POP.SHOP 42/6 Raminta Bangkok 10203
Louis frame and crystal LCD album , ordered from Photo Album Shop,
3/45 Phrueksatanee 2 Condotel, Soi on Wut 55/2 Prawase
District, Prawase Sub-District, Bangkok.
Remark: 1) For the wedding ceremony, the studio will cooperate with Memory Studio, 782/4
Singhakai Road, district Wiang, Sub-district Mueang, Chiang Rai, which is located in Chiang Rai city. 2) For the hairdo‟s customers, the studio will cooperate with First cut, Big C,
Pahoungyathin Pahoungyathin R. Mueng Chiang Rai and
SP wedding, haircut,. S. 13 Sridonchai R.
A.chiengkhong Chiang Rai.
19
http://www.businessdictionary.com/definition/logistics-management.html
92
4.1.7 Facility Management
Figure 4.1.7.1 2ndfloor structure “Facility Management” Studio (Facility Management)
Sofa Table High quality printer Flash camera Camera Background color
Figure 4.1.7.2 2ndStudio (Facility Management)
93
4.1.8 Machine/Tools/Equipment Machine/Tools/Equipment Studio equipment Digital Camera
Canon EOS 5D Mark II
CMOS 36 x 24 mm
12.1 effective mega pixels
Wide sensitivity range
High-speed performance
Scene Recognition System
Active D-Lighting
Choose from two Live View modes
DX cropping mode
Image Sensor Cleaning
Built-in flash with wireless commander commander function
Engineered Engineered durability
Improved Improved Function button feature
HDMI output (High-Definition TV) supported
Info display
My Menu
Electronic Virtual Horizon
Price: 111,900 Baht
94
Digital Camera
Canon EOS 7D
22.3 x 14.9 mm CMOS sensor
RGB Color Filter Array
Built-in fixed low-pass filter (with self-cleaning unit)
19 million total pixels
18 million effective pixels
3:2 aspect ratio RAW 5184 x 3456 3888 x 2592 2592 x 1728
JPEG 5184 x 3456 3456 x 2304 2592 x 1728
Canon EF / EF-S lens mount
1.6x field of view crop
EOS integrated cleaning system with fluorine coating
Self-cleaning sensor unit (filter in front of sensor vibrates at high frequency at start-up and shutdown - can be disabled)
Dust Delete Data - Data from a test shot is used to 'map' dust spots and can be later removed using Canon DPP Software
Price: 48,900 Baht
95
Battery Grip
Canon BG-E6
Canon 5D Mark II Digital SLR
Price: 3400 Baht
Camera Lens 70-200 mm
Canon EF 70-200 mm 12.8 mm
Price: 69,000 Baht
Camera Lens 500 mm
Canon EF 500 mm
Super Telephoto Lens
Price: 69000 Baht
Camera Lens17-55mm
Canon EF 17-55mm
Angle of View 74°~29°. 53°~19°30‟. 84°~34°
Price: 32900 baht
Camera Lens 24-70mm
Canon-ef-24-70mm
Angle of View 74°~29°. 53°~19°30‟. 84°~34°
Price: 39900 Baht
96
Camera Lens 70-200mm
Canon-ef-70-200mm
Price: 24900 Baht
Camera Lens 50mm
Canon EF 50mm
Price: 12900 Baht
Studio Flash
Casa Plus Kit
Casa (250 WS)
Price: 19990 Baht
Tripod Camera
Giottos aluminum tripod MT 9251
MH 1001-652
Price: 4590 Baht
Camera Flash
Sony Flash hotshoe adapter
Price: 450 Baht
97
Card Reader
Apacer Mega Sten
Price: 275 Baht
Memory Stick
San Disk Extreme III
4 GB Class 6 SDHC
Memory Card SDSDRX3-4096-A21
Price: 1200 baht
Studio backdrop support
Lastolite 1108 Backdrop Support Kit
Support for up to 3m (10ft) wide curtain and roll up background
Price: 10000 baht
Colorama Paper Backdrop Rolls
4.5ft wide x 36ft long
Have 55 different colors and shades
Price: 4000 baht per roll
98
View images backdrop
2.6m wide x 3m long
Can order the background image
Price: 2500 baht per roll
Colorama Foam Paper Storage Roll Holder
Wall mounted brackets, brackets, holds 12 rolls of paper
Price: 1782 baht
99
4.2 Cost of investment Limited Company Registration
Meepo Studio decided to register in limited company. It would be more convenience for this type. Meepo Studio will register in limited company style which registered capital stocks is 8 million Baht Then registration of limited company has to be divided into 2 steps 1. Registering the Memorandum. 2. Registering the Company Limited‟s establishment.
Fee that MeePo Studio has to pay is - 4,500 Baht for registering the memorandum of association - 40,000 Baht is to register for company Limited‟s establishment. - 44,500 are used to register limited company. According to fee rate of limited company registration
20
payment (dbd.go.th, 2010), it will
show the document and also the price that the company has to pay. Logo of company
Meepo studio creates the logo for the company which is created by our creator. We use female picture because lady shows about beauty and care. So, that‟s why the company uses lady picture for our logo as a symbol.
Figure 4.2.1: Company‟s logo
20
http://www.dbd.go.th/mainsite/index.php?id=99&L=1
100
Telephone and Internet Installment
The company uses 3BB Company for telephone and Internet because of attractive promotion; such as, free first registration, device installment and install telephone line. This service is always launched. 6m/512k is chosen because this product line is enough to serve what Meepo Studio need. It costs 590 Baht and 100 Baht for telephone line. Then, there are plus 7% of taxation, equal to 738.3, estimated 740 Baht per month.
4 Port Wireless = 999 Baht (Device insurance 100 Baht) from 3BB Company21
Building
4,100,000 Baht 22has to be paid before business starts according to contact that office seller. This price includes land except furniture and interior. Source: Telephone call to the property construction
Advertising
- Radio will be used after the company open and keep going on radio for 2 months. It is totally 4000 Baht per month. - Brochure, It will be at first day of operating business and every 3 months, which the price per time is 250 Baht. - Advertising via Internet is 769 Baht per year according to chapter 3 which 769 Baht comes from domain 269 Baht and 500 Baht for hosting 5 GB price. However, Meepo studio website has to be completed along with the grand opening. Price of making website
15,990 Baht is used to make a website according to the promotion of online website 23
(webdesignthai, 2010) although price is quite much, website image can affect
Meepo‟s image also. That means website is also important and makes a decision use this service.
In addition, social network also register for Meepo Company because it is an easy way to communicate with customers, for example, Facebook. Moreover, the photo website is also used
21 22
23
http://www.3bb.co.th/promotion/6mb.php http://www.chiangraifocus.com/forums/index.php?topic=56611.0 http://www.webdesignthai.com/about_us.htm
101
according to posting the pictures that taken by Meepo Studio (multiply, 2010). This website is famous in Thailand that relevance about photos.
Billboard rent place
Reason why Meepo chooses this place is this place is located in center of Chiang Rai especially many people pass this square, San Kong Luang Square. Regarding to the owner answered, 6,000 Baht per month which period of contact is 6 months, we will do the contract so Meepo Studio has to pay 36,000 Baht 24in one time. Contact will be started when first day of studio opening.
Source: http://www.churchcovenant.ning http://www.churchcovenant.ning.comforumtopicsi .comforumtopicsimix-media mix-media
24
http://www.chiangraifocus.com/forums/index.php?topic=56611.0
102
Pre-operating cost
No. 1 2 3 4 5 6 7 8
Description Building Registration Registration cost Telephone line &Internet Installment Website cost Bill board Equipment Logo Automobile Automobile Total
Price [Baht] 4,100,000 44,500 1,099 16,759 1,600 1,689,009 1,200 111,600 5,965,767
Investment Cost 4.2.1 Equipments & Tools Table 4.3 Total office element No.
Description
Amount of product
Price per unit
Total
1
Office desk
2
4,200
8,400
2
Chair
4
1,890
7,560
3
Filing cabinet
2
7,600
15,200
4
Computer graphic
1
68,900
68,900
5
High quality printer
1
42,000
42,000
6
Cabinet
2
9,000
18,000
7
Set of counter
1
8,500
8,500
8
Sofa
2
14,900
29,800
9
Living room‟s table
2
2,900
5,800
10
Television Television
1
13,990
13,990
11
Air conditioner conditioner
3
17,900
53,700
12
Telephone
1
1,490
1,490
13
Fan
3
998
2,994
14
Speaker
6
1,350
8,100
15
Copy printer
1
180,000
180,000
16
Toyota Hilux Vigo
1
646,000
646,000
17
Motorcycle
1
47,000
47,000
18
Office computer
2
16,000
32,000
Total
962,434
103
Table 4.4 Total of kitchen equipment No.
Description
Amount of
Price per unit
Total
product
1
Microwave
1
2,390
2,390
2
Water heater
1
950
950
3
Kitchen sink cabinet
1
1,500
1,500
4
Set of bowl
1
3,000
3,000
5
Kitchen table set
1
7,600
7,600
6
Refrigerator Refrigerator
1
5,990
5,990
7
Coffee machine
1
1,200
1,200
Total
22,630
Table 4.5 Total of restroom equipment No.
Description
Amount of
Price per unit
Total
product
1
Shower
2
55
110
2
Mirror
2
450
900
3
Flush toilet
2
11,000
22,000
4
Basin
2
2,690
5,380
5
Flush cleaner
2
55
110
Total
28,500
104
Table 4.6 Total of photograph equipment No.
Description
Amount of
Price per unit
Total
product
1
Canon EOS 5D Mark II
2
111,900
223,800
2
Canon EOS 7D
2
48,900
97,800
3
Battery grip
4
3,400
13,600
4
Camera Lens 70-200 mm
1
69,000
69,000
5
Camera Lens 500 mm
1
69,000
69,000
6
Camera Lens 17-55 mm
1
32,900
32,900
7
Camera Lens 24-70 mm
1
39,900
39,900
8
Camera Lens 50 mm
1
12,900
12,900
9
Camera flash
4
450
1,800
10
Studio flash
4
19,990
79,960
11
Tripod camera
4
4,590
18,360
12
Memory card
8
1,200
9,600
13
Card reader
3
275
825
14
Studio backdrop support
1
10,000
10,000
15
Colorama Paper Backdrop Rolls
6
4,000
24,000
16
View images backdrop
6
2,500
15,000
17
Foam Paper Storage Roll Holder
1
1,782
1,782
Total
720,227
Table 4.7 Total of dressing room equipment No.
Description
Amount of
Price per unit
Total
product
1
Clothes line
1
4,500
4,500
2
Mirror
1
1,500
1,500
Total
6,000
105
4.2.2 Depreciation Table 4.8 Total depreciation year 2012 Operating Jan
Feb
Mar
Apr
May
Jun
Digital camera Canon 5D MARK II Digital camera Canon 70D Battery grip Camera lens 70-200 mm Camera lens 500 mm Camera lens 17-55 mm Camera lens 24-70 mm Camera lens 50 mm Camera flash Studio flash Tripod camera Memory card Card reader Studio backdrop support Colorama Paper Backdrop Rolls (6 rolls) View images backdrop (6 rolls) Colorama Foam Paper Storage Roll Holder
Photograph equipments
223,800 97,800 13,600 69,000 69,000 32,900 39,900 12,900 1,800 79,960 18,360 9,600 825 10,000 24,000 15,000 1,782
3,730 1,630 227 1,150 1,150 548 665 215 30 1,333 306 160 14 167 400 250 30
3,730 1,630 1,630 227 1,150 1,150 1,150 54 8 66 5 215 30 1,333 306 160 14 167 400 250 30
3,730 1,630 227 1,150 1,150 1,150 548 665 215 30 1,333 306 160 14 167 400 250 30
3,730 1,630 1,630 227 1,150 1,150 1,150 548 665 215 30 1,333 306 160 14 167 400 250 30
3,730 1,630 227 1,150 1,150 548 665 215 30 1,333 306 160 14 167 400 250 30
3,730 1,630 227 1,150 1,150 548 665 215 30 1,333 306 160 14 167 400 250 30
Total
720,227
12,004
12,004
12,004
12,004
Jan
Feb
Mar
Apr
Dressing room
Amount
Amount
12,004 May
12,004 Jun
Jul
3,730 1,630 1,630 227 1,150 1,150 1,150 54 8 66 5 215 30 1,333 306 160 14 167 400 250 30 12,004 Jul
Aug
Sep
Oct
Nov
Dec
Total
3,730 1,630 227 1,150 1,150 1,150 548 665 215 30 1,333 306 160 14 167 400 250 30
3,730 1,630 1,630 227 1,150 1,150 1,150 1,150 548 665 215 30 1,333 306 160 14 167 400 250 30
3,730 1,630 227 1,150 1,150 548 665 215 30 1,333 306 160 14 167 400 250 30
3,730 1,630 227 1,150 1,150 1,150 548 665 215 30 1,333 306 160 14 167 400 250 30
3,730 1,630 1,630 227 1,150 1,150 1,150 54 8 66 5 215 30 1,333 306 160 14 167 400 250 30
44,760 19,560 2,724 13,800 13,800 13,800 6,576 7,980 2,580 360 15,996 3,672 1,920 168 2,000 4,800 3,000 356
12,004
12,004
12,004
12,004
12,004
144,052
Aug
Sep
Oct
Nov
Dec
Total
Mirror Clothes line
4,500 1,500
75 25
75 25
75 25
75 25
75 25
75 25
75 25
75 25
75 25
75 25
Total
6,000
100
100
100
100
100
100
100
100
100
100
Car
Jan
100
75 25 100
900 300 1,200
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
Toyota Hilux Vigo extra cab Yamaha Fino
646,000 47,000
5,383 783
5,383 783
5,383 783
5,383 783
5,383 783
5,383 783
5,383 783
5,383 783
5,383 783
5,383 783
5,383 783
5,383 783
64,600 9,400
Total
693,000
6,167
6,167
6,167
6,167
6,167
6,167
6,167
6,167
6,167
6,167
6,167
6,167
74,000
1,419,227
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
219,252
Total operati ng deprecia tion
Amount
75 25
106
Administration Pre - Investment cost
Amount
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
Building Bill board
4,100,000 1,600
17,083 133
17,083 133
17,083 133
17,083 133
17,083 133
17,083 133
17,083 133
17,083 133
17,083 133
17,083 133
17,083 133
17,083 133
204,996 1,596
Total
4,101,600
17,216
17,216
17,216
17,216
17,216
17,216
Office
Amount
17,216
17,216
17,216
17,216
17,216
206,592
Aug
Sep
Oct
Nov
Dec
Total
140 126 253 1,148 700 300 142 497 97 233 895 25 50 135 3,000 533
140 126 253 1,148 700 300 142 497 97 233 895 25 50 135 3,000 533
140 126 253 1,148 700 300 142 497 97 233 895 25 50 135 3,000 533
140 126 253 1,148 700 300 142 497 97 233 895 25 50 135 3,000 533
140 126 253 1,148 700 300 142 497 97 233 895 25 50 135 3,000 533
1,680 1,512 3,036 13,776 8,400 3,600 1,700 5,964 1,164 2,796 10,740 300 600 1,620 36,000 6,396
Jan
Feb
Mar
Apr
May
Jun
Office desk Chair Filing cabinet Computer graphic High quality printer Cabinet Counter Sofa Living room's table Televis ion Air condition er Telephone Fan Speaker Copy printer Office Computer
8,400 7,560 15,200 68,900 42,000 18,000 8,500 29,800 5,800 13,990 53,700 1,490 2,994 8,100 180,000 32,000
140 126 253 1,148 700 300 142 497 97 233 895 25 50 135 3,000 533
140 126 253 1,148 700 300 142 497 97 233 895 25 50 135 3,000 533
140 126 253 1,148 700 300 142 497 97 233 895 25 50 135 3,000 533
140 126 253 1,148 700 300 142 497 97 233 895 25 50 135 3,000 533
140 126 253 1,148 700 300 142 497 97 233 895 25 50 135 3,000 533
140 126 253 1,148 700 300 142 497 97 233 895 25 50 135 3,000 533
140 126 253 1,148 700 300 142 497 97 233 895 25 50 135 3,000 533
Total
496,434
8,274
8,274
8,274
8,274
8,274
8,274
8,274
8,274
8,274
8,274
8,274
8,274
99,284
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
Kitchen
Microwave Water heater Kitchen sink cabinet Set of bowl Kitchen table set Refrigerat or Coffee machine Total
Amount
Jul
17,216
2,390 950 1,500 3,000 7,600 5,990 1,200
40 16 25 50 127 100 20
40 16 25 50 127 100 20
40 16 25 50 127 100 20
40 16 25 50 127 100 20
40 16 25 50 127 100 20
40 16 25 50 127 100 20
40 16 25 50 127 100 20
40 16 25 50 127 100 20
40 16 25 50 127 100 20
40 16 25 50 50 127 100 20
40 16 25 50 127 100 20
40 16 25 50 127 100 20
480 192 300 600 1,524 1,200 240
22,630
378
378
378
378
378
378
378
378
378
378
378
378
4,536
107
Restroom
Amount
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
Shower Mirror Flush toilet Basin Flush cleaner
110 900 22,000 5,380 110
2 15 367 90 2
2 15 367 90 2
2 15 367 90 2
2 15 367 90 2
2 15 367 90 2
2 15 367 90 2
2 15 367 90 2
2 15 367 90 2
2 15 367 90 2
2 15 367 90 2
2 15 367 90 2
2 15 367 90 2
24 180 4,404 1,080 24
Total
28,500
476
476
476
476
476
476
476
476
476
476
476
476
5,712
4,649,164
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
Total admin depreciat ion
26,344
26,344
316,124
108
Table 4.9 Total depreciation year 2013
Operating Jan
Feb
Mar
Apr
May
Jun
Digital camera Canon 5D MARK II Digital camera Canon 70D Battery grip Camera lens 70-200 mm Camera lens 500 mm Camera lens 17-55 mm Camera lens 24-70 mm Camera lens 50 mm Camera flash Studio flash Tripod camera Memory card Card reader Studio backdrop support Colorama Paper Backdrop Rolls (6 rolls) View images backdrop (6 rolls) Colorama Foam Paper Storage Roll Holder
Photograph equipments
179,040 78,240 10,876 55,200 55,200 26,324 31,920 10,320 1,440 63,964 14,688 7,680 657 8,000 19,200 12,000 1,426
3,730 1,630 227 1,150 1,150 548 665 215 30 1,333 306 160 14 167 400 250 30
3,730 1,630 1,630 227 1,150 1,150 1,150 54 8 66 5 215 30 1,333 306 160 14 167 400 250 30
3,730 1,630 227 1,150 1,150 1,150 548 665 215 30 1,333 306 160 14 167 400 250 30
3,730 1,630 1,630 227 1,150 1,150 1,150 548 665 215 30 1,333 306 160 14 167 400 250 30
3,730 1,630 227 1,150 1,150 548 665 215 30 1,333 306 160 14 167 400 250 30
3,730 1,630 227 1,150 1,150 548 665 215 30 1,333 306 160 14 167 400 250 30
Total
576,175
12,004
12,004
12,004
12,004
Jan
Feb
Mar
Apr
Dressing room
Amount
Amount
12,004 May
12,004 Jun
Jul
3,730 1,630 1,630 227 1,150 1,150 1,150 54 8 66 5 215 30 1,333 306 160 14 167 400 250 30 12,004 Jul
Aug
Sep
Oct
Nov
Dec
Total
3,730 1,630 227 1,150 1,150 1,150 548 665 215 30 1,333 306 160 14 167 400 250 30
3,730 1,630 1,630 227 1,150 1,150 1,150 1,150 548 665 215 30 1,333 306 160 14 167 400 250 30
3,730 1,630 227 1,150 1,150 548 665 215 30 1,333 306 160 14 167 400 250 30
3,730 1,630 227 1,150 1,150 1,150 548 665 215 30 1,333 306 160 14 167 400 250 30
3,730 1,630 1,630 227 1,150 1,150 1,150 54 8 66 5 215 30 1,333 306 160 14 167 400 250 30
44,760 19,560 2,724 13,800 13,800 13,800 6,576 7,980 2,580 360 15,996 3,672 1,920 168 2,000 4,800 3,000 356
12,004
12,004
12,004
12,004
12,004
144,052
Aug
Sep
Oct
Nov
Dec
Total
Mirror Clothes line
3,600 1,200
75 25
75 25
75 25
75 25
75 25
75 25
75 25
75 25
75 25
75 25
Total
4,800
100
100
100
100
100
100
100
100
100
100
Car
Jan
100
75 25 100
900 300 1,200
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
Toyota Hilux Vigo extra cab Yamaha Fino
581,400 37,600
5,383 783
5,383 783
5,383 783
5,383 783
5,383 783
5,383 783
5,383 783
5,383 783
5,383 783
5,383 783
5,383 783
5,383 783
64,600 9,400
Total
619,000
6,167
6,167
6,167
6,167
6,167
6,167
6,167
6,167
6,167
6,167
6,167
6,167
74,000
1,199,975
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
219,252
Total operati ng deprecia tion
Amount
75 25
109
Administration Pre - Investment cost
Amount
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
Building Bill board
3,895,004 1,600
17,083 133
17,083 133
17,083 133
17,083 133
17,083 133
17,083 133
17,083 133
17,083 133
17,083 133
17,083 133
17,083 133
17,083 133
204,996 1,596
Total
3,896,604
17,216
17,216
17,216
17,216
17,216
17,216
Office
Amount
17,216
17,216
17,216
17,216
17,216
206,592
Aug
Sep
Oct
Nov
Dec
Total
140 126 253 1,148 700 300 142 497 97 233 895 25 50 135 3,000 533
140 126 253 1,148 700 300 142 497 97 233 895 25 50 135 3,000 533
140 126 253 1,148 700 300 142 497 97 233 895 25 50 135 3,000 533
140 126 253 1,148 700 300 142 497 97 233 895 25 50 135 3,000 533
140 126 253 1,148 700 300 142 497 97 233 895 25 50 135 3,000 533
1,680 1,512 3,036 13,776 8,400 3,600 1,700 5,964 1,164 2,796 10,740 300 600 1,620 36,000 6,396
Jan
Feb
Mar
Apr
May
Jun
Office desk Chair Filing cabinet Computer graphic High quality printer Cabinet Counter Sofa Living room's table Televis ion Air condition er Telephone Fan Speaker Copy printer Office Computer
6,720 6,048 12,164 55,124 33,600 14,400 6,800 23,836 4,636 11,194 42,960 1,190 2,394 6,480 144,000 25,604
140 126 253 1,148 700 300 142 497 97 233 895 25 50 135 3,000 533
140 126 253 1,148 700 300 142 497 97 233 895 25 50 135 3,000 533
140 126 253 1,148 700 300 142 497 97 233 895 25 50 135 3,000 533
140 126 253 1,148 700 300 142 497 97 233 895 25 50 135 3,000 533
140 126 253 1,148 700 300 142 497 97 233 895 25 50 135 3,000 533
140 126 253 1,148 700 300 142 497 97 233 895 25 50 135 3,000 533
140 126 253 1,148 700 300 142 497 97 233 895 25 50 135 3,000 533
Total
397,150
8,274
8,274
8,274
8,274
8,274
8,274
8,274
8,274
8,274
8,274
8,274
8,274
99,284
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
Kitchen
Microwave Water heater Kitchen sink cabinet Set of bowl Kitchen table set Refrigerat or Coffee machine Total
Amount
Jul
17,216
1,910 758 1,200 2,400 6,076 4,790 960
40 16 25 50 127 100 20
40 16 25 50 127 100 20
40 16 25 50 127 100 20
40 16 25 50 127 100 20
40 16 25 50 127 100 20
40 16 25 50 127 100 20
40 16 25 50 127 100 20
40 16 25 50 127 100 20
40 16 25 50 127 100 20
40 16 25 50 50 127 100 20
40 16 25 50 127 100 20
40 16 25 50 127 100 20
480 192 300 600 1,524 1,200 240
18,094
378
378
378
378
378
378
378
378
378
378
378
378
4,536
110
Restroom
Amount
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
Shower Mirror Flush toilet Basin Flush cleaner
86 720 17,596 4,300 86
2 15 367 90 2
2 15 367 90 2
2 15 367 90 2
2 15 367 90 2
2 15 367 90 2
2 15 367 90 2
2 15 367 90 2
2 15 367 90 2
2 15 367 90 2
2 15 367 90 2
2 15 367 90 2
2 15 367 90 2
24 180 4,404 1,080 24
Total
22,788
476
476
476
476
476
476
476
476
476
476
476
476
5,712
4,334,636
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
Total admin depreciat ion
26,344
26,344
316,124
111
Table 4.10 Total depreciation year 2014 Operating Photograph equipments
Jan
Feb
Mar
Apr
May
Jun
Digital camera Canon 5D MARK II Digital camera Canon 70D Battery grip Camera lens 70-200 mm Camera lens 500 mm Camera lens 17-55 mm Camera lens 24-70 mm Camera lens 50 mm Camera flash Studio flash Tripod camera Memory card Card reader Studio backdrop support Colorama Paper Backdrop Rolls (6 rolls) View images backdrop (6 rolls) Colorama Foam Paper Storage Roll Holder
134,280 58,680 8,152 41,400 41,400 19,748 23,940 7,740 1,080 47,968 11,016 5,760 489 6,000 14,400 9,000 1,069
3,730 1,630 227 1,150 1,150 548 665 215 30 1,333 306 160 14 167 400 250 30
3,730 1,630 1,630 227 1,150 1,150 1,150 54 8 66 5 215 30 1,333 306 160 14 167 400 250 30
3,730 1,630 227 1,150 1,150 1,150 548 665 215 30 1,333 306 160 14 167 400 250 30
3,730 1,630 1,630 227 1,150 1,150 1,150 548 665 215 30 1,333 306 160 14 167 400 250 30
3,730 1,630 227 1,150 1,150 548 665 215 30 1,333 306 160 14 167 400 250 30
3,730 1,630 227 1,150 1,150 548 665 215 30 1,333 306 160 14 167 400 250 30
Total
432,122
12,004
12,004
12,004
12,004
Jan
Feb
Mar
Apr
Dressing room
Amount
Amount
12,004 May
12,004 Jun
Jul
3,730 1,630 1,630 227 1,150 1,150 1,150 54 8 66 5 215 30 1,333 306 160 14 167 400 250 30 12,004 Jul
Aug
Sep
Oct
Nov
Dec
Total
3,730 1,630 227 1,150 1,150 1,150 548 665 215 30 1,333 306 160 14 167 400 250 30
3,730 1,630 1,630 227 1,150 1,150 1,150 1,150 548 665 21 5 30 1,333 306 160 14 167 400 250 30
3,730 1,630 227 1,150 1,150 548 665 215 30 1,333 306 160 14 167 400 250 30
3,730 1,630 227 1,150 1,150 1,150 548 665 215 30 1,333 306 160 14 167 400 250 30
3,730 1,630 1,630 227 1,150 1,150 1,150 54 8 66 5 215 30 1,333 306 160 14 167 400 250 30
44,760 19,560 2,724 13,800 13,800 13,800 6,576 7,980 2,580 360 15,996 3,672 1,920 168 2,000 4,800 3,000 356
12,004
12,004
12,004
12,004
12,004
144,052
Aug
Sep
Oct
Nov
Dec
Total
Mirror Clothes line
2,700 900
75 25
75 25
75 25
75 25
75 25
75 25
75 25
75 25
75 25
75 25
75 25
Total
3,600
100
100
100
100
100
100
100
100
100
100
100
Car
Amount
Jan
75 25 100
900 300 1,200
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
Toyota Hilux Vigo extra cab Yamaha Fino
516,800 28,200
5,383 783
5,383 783
5,383 783
5,383 783
5,383 783
5,383 783
5,383 783
5,383 783
5,383 783
5,383 783
5,383 783
5,383 783
64,600 9,400
Total
545,000
6,167
6,167
6,167
6,167
6,167
6,167
6,167
6,167
6,167
6,167
6,167
6,167
74,000
Total operati ng deprecia tion
980,722
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
219,252
112
Administration Pre - Investment cost
Amount
Jan
Feb
Mar
Apr
May
Building Bill board Total
3,690,008 1,600 3,691,608
17,083 133 17,216
17,083 133 17,216
17,083 133 17,216
17,083 133 17,216
17,083 133 17,216
Office Office desk Chair Filing cabinet Computer graphic High quality printer Cabinet Counter Sofa Living room's table Televis ion Air condition er Telephone Fan Speaker Copy printer Office Computer
Amount 5,040 4,536 9,128 41,348 25,200 10,800 5,100 17,872 3,472 8,398 32,220 890 1,794 4,860 108,000 19,208
Jan 140 126 253 1,148 700 300 142 497 97 233 895 25 50 135 3,000 533
Feb 140 126 253 1,148 700 300 142 497 97 233 895 25 50 135 3,000 533
Mar 140 126 253 1,148 700 300 142 497 97 233 895 25 50 135 3,000 533
Apr 140 126 253 1,148 700 300 142 497 97 233 895 25 50 135 3,000 533
May 140 126 253 1,148 700 300 142 497 97 233 895 25 50 135 3,000 533
Jun 140 126 253 1,148 700 300 142 497 97 233 895 25 50 135 3,000 533
Jul 140 126 253 1,148 700 300 142 497 97 233 895 25 50 135 3,000 533
Total
297,866
8,274
8,274
8,274
8,274
8,274
8,274
8,274
8,274
8,274
8,274
8,274
8,274
99,284
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
Kitchen
Microwave Water heater Kitchen sink cabinet Set of bowl Kitchen table set Refrigerat or Coffee machine Total
Amount
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
17,083 17,083 17,083 17,083 17,083 17,083 17,083 204,996 133 133 133 133 133 133 133 1,596 17,216 17,216 17,216 17,216 17,216 17,216 17,216 206,592 Aug 140 126 253 1,148 700 300 142 497 97 233 895 25 50 135 3,000 533
Sep 140 126 253 1,148 700 300 142 497 97 233 895 25 50 135 3,000 533
Oct 140 126 253 1,148 700 300 142 497 97 233 895 25 50 135 3,000 533
Nov 140 126 253 1,148 700 300 142 497 97 233 895 25 50 135 3,000 533
Dec 140 126 253 1,148 700 300 142 497 97 233 895 25 50 135 3,000 533
Total 1,680 1,512 3,036 13,776 8,400 3,600 1,700 5,964 1,164 2,796 10,740 300 600 1,620 36,000 6,396
1,430 566 900 1,800 4,552 3,590 720
40 16 25 50 127 100 20
40 16 25 50 127 100 20
40 16 25 50 127 100 20
40 16 25 50 127 100 20
40 16 25 50 127 100 20
40 16 25 50 127 100 20
40 16 25 50 127 100 20
40 16 25 50 127 100 20
40 16 25 50 127 100 20
40 16 25 50 50 127 100 20
40 16 25 50 127 100 20
40 16 25 50 127 100 20
480 192 300 600 1,524 1,200 240
13,558
378
378
378
378
378
378
378
378
378
378
378
378
4,536
113
Restroom
Amount
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
Shower Mirror Flush toilet Basin Flush cleaner
62 540 13,192 3,220 62
2 15 367 90 2
2 15 367 90 2
2 15 367 90 2
2 15 367 90 2
2 15 367 90 2
2 15 367 90 2
2 15 367 90 2
2 15 367 90 2
2 15 367 90 2
2 15 367 90 2
2 15 367 90 2
2 15 367 90 2
24 180 4,404 1,080 24
Total
17,076
476
476
476
476
476
476
476
476
476
476
476
476
5,712
4,020,108
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
Total admin depreciat ion
26,344
26,344
316,124
114
Table 4.11 Total depreciation year 2015 Operating Photograph equipments
Digital camera Canon 5D MARK II Digital camera Canon 70D Battery grip Camera lens 70-200 mm Camera lens 500 mm Camera lens 17-55 mm Camera lens 24-70 mm Camera lens 50 mm Camera flash Studio flash Tripod camera Memory card Card reader Studio backdrop support Colorama Paper Backdrop Rolls (6 rolls) View images backdrop (6 rolls) Colorama Foam Paper Storage Roll Holder Total Dressing room
Amount
Jan
Feb
Mar
Apr
May
Jun
89,520 39,120 5,428 27,600 27,600 13,172 15,960 5,160 720 31,972 7,344 3,840 321 4,000 9,600 6,000 713
3,730 1,630 227 1,150 1,150 548 665 215 30 1,333 306 160 14 167 400 250 30
3,730 1,630 1,630 227 1,150 1,150 1,150 54 8 66 5 215 30 1,333 306 160 14 167 400 250 30
3,730 1,630 227 1,150 1,150 1,150 548 665 215 30 1,333 306 160 14 167 400 250 30
3,730 1,630 1,630 227 1,150 1,150 1,150 548 665 215 30 1,333 306 160 14 167 400 250 30
3,730 1,630 227 1,150 1,150 548 665 215 30 1,333 306 160 14 167 400 250 30
3,730 1,630 227 1,150 1,150 548 665 215 30 1,333 306 160 14 167 400 250 30
288,070
12,004
12,004
12,004
12,004
Jan
Feb
Mar
Apr
Amount
12,004 May
12,004 Jun
Jul
3,730 1,630 1,630 227 1,150 1,150 1,150 54 8 66 5 215 30 1,333 306 160 14 167 400 250 30 12,004 Jul
Aug
Sep
Oct
Nov
Dec
Total
3,730 1,630 227 1,150 1,150 1,150 548 665 215 30 1,333 306 160 14 167 400 250 30
3,730 1,630 1,630 227 1,150 1,150 1,150 1,150 548 665 21 5 30 1,333 306 160 14 167 400 250 30
3,730 1,630 227 1,150 1,150 548 665 215 30 1,333 306 160 14 167 400 250 30
3,730 1,630 227 1,150 1,150 1,150 548 665 215 30 1,333 306 160 14 167 400 250 30
3,730 1,630 1,630 227 1,150 1,150 1,150 54 8 66 5 215 30 1,333 306 160 14 167 400 250 30
44,760 19,560 2,724 13,800 13,800 13,800 6,576 7,980 2,580 360 15,996 3,672 1,920 168 2,000 4,800 3,000 356
12,004
12,004
12,004
12,004
12,004
144,052
Aug
Sep
Oct
Nov
Dec
Total
Mirror Clothes line
1,800 600
75 25
75 25
75 25
75 25
75 25
75 25
75 25
75 25
75 25
75 25
75 25
Total
2,400
100
100
100
100
100
100
100
100
100
100
100
Car
Amount
Jan
75 25 100
900 300 1,200
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
Toyota Hilux Vigo extra cab Yamaha Fino
452,200 18,800
5,383 783
5,383 783
5,383 783
5,383 783
5,383 783
5,383 783
5,383 783
5,383 783
5,383 783
5,383 783
5,383 783
5,383 783
64,600 9,400
Total
471,000
6,167
6,167
6,167
6,167
6,167
6,167
6,167
6,167
6,167
6,167
6,167
6,167
74,000
Total operati ng deprecia tion
761,470
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
219,252
115
Administration Pre - Investment cost
Amount
Jan
Feb
Mar
Apr
May
Building Bill board Total
3,485,012 1,600 3,486,612
17,083 133 17,216
17,083 133 17,216
17,083 133 17,216
17,083 133 17,216
17,083 133 17,216
Office Office desk Chair Filing cabinet Computer graphic High quality printer Cabinet Counter Sofa Living room's table Televis ion Air condition er Telephone Fan Speaker Copy printer Office Computer
Amount 3,360 3,024 6,092 27,572 16,800 7,200 3,400 11,908 2,308 5,602 21,480 590 1,194 3,240 72,000 12,812
Jan 140 126 253 1,148 700 300 142 497 97 233 895 25 50 135 3,000 533
Feb 140 126 253 1,148 700 300 142 497 97 233 895 25 50 135 3,000 533
Mar 140 126 253 1,148 700 300 142 497 97 233 895 25 50 135 3,000 533
Apr 140 126 253 1,148 700 300 142 497 97 233 895 25 50 135 3,000 533
May 140 126 253 1,148 700 300 142 497 97 233 895 25 50 135 3,000 533
Jun 140 126 253 1,148 700 300 142 497 97 233 895 25 50 135 3,000 533
Jul 140 126 253 1,148 700 300 142 497 97 233 895 25 50 135 3,000 533
Total
198,582
8,274
8,274
8,274
8,274
8,274
8,274
8,274
8,274
8,274
8,274
8,274
8,274
99,284
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
Kitchen
Amount
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
17,083 17,083 17,083 17,083 17,083 17,083 17,083 204,996 133 133 133 133 133 133 133 1,596 17,216 17,216 17,216 17,216 17,216 17,216 17,216 206,592 Aug 140 126 253 1,148 700 300 142 497 97 233 895 25 50 135 3,000 533
Sep 140 126 253 1,148 700 300 142 497 97 233 895 25 50 135 3,000 533
Oct 140 126 253 1,148 700 300 142 497 97 233 895 25 50 135 3,000 533
Nov 140 126 253 1,148 700 300 142 497 97 233 895 25 50 135 3,000 533
Dec 140 126 253 1,148 700 300 142 497 97 233 895 25 50 135 3,000 533
Total 1,680 1,512 3,036 13,776 8,400 3,600 1,700 5,964 1,164 2,796 10,740 300 600 1,620 36,000 6,396
Microwave Water heater Kitchen sink cabinet Set of bowl Kitchen table set Refrigerat or Coffee machine
950 374 600 1,200 3,028 2,390 480
40 16 25 50 127 100 20
40 16 25 50 127 100 20
40 16 25 50 127 100 20
40 16 25 50 127 100 20
40 16 25 50 127 100 20
40 16 25 50 127 100 20
40 16 25 50 127 100 20
40 16 25 50 127 100 20
40 16 25 50 127 100 20
40 16 25 50 50 127 100 20
40 16 25 50 127 100 20
40 16 25 50 127 100 20
480 192 300 600 1,524 1,200 240
Total
9,022
378
378
378
378
378
378
378
378
378
378
378
378
4,536
116
Restroom
Shower Mirror Flush toilet Basin Flush cleaner Total Total admin depreciat ion
Amount
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
38 360 8,788 2,140 38
2 15 367 90 2
2 15 367 90 2
2 15 367 90 2
2 15 367 90 2
2 15 367 90 2
2 15 367 90 2
2 15 367 90 2
2 15 367 90 2
2 15 367 90 2
2 15 367 90 2
2 15 367 90 2
2 15 367 90 2
24 180 4,404 1,080 24
11,364
476
476
476
476
476
476
476
476
476
476
476
476
5,712
3,705,580
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
316,124
117
Table 4.12 Total depreciation year 2016 Operating Photograph equipments
Digital camera Canon 5D MARK II Digital camera Canon 70D Battery grip Camera lens 70-200 mm Camera lens 500 mm Camera lens 17-55 mm Camera lens 24-70 mm Camera lens 50 mm Camera flash Studio flash Tripod camera Memory card Card reader Studio backdrop support Colorama Paper Backdrop Rolls (6 rolls) View images backdrop (6 rolls) Colorama Foam Paper Storage Roll Holder Total Dressing room
Mirror Clothes line Total Car
Amount
Jan
Feb
Mar
Apr
May
Jun
44,760 19,560 2,704 13,800 13,800 6,596 7,980 2,580 360 15,976 3,672 1,920 153 2,000 4,800 3,000 356
3,730 1,630 227 1,150 1,150 548 665 215 30 1,333 306 160 14 167 400 250 30
3,730 1,630 227 1,150 1,150 548 665 215 30 1,333 306 160 14 167 400 250 30
3,730 1,630 227 1,150 1,150 548 665 215 30 1,333 306 160 14 167 400 250 30
3,730 1,630 227 1,150 1,150 548 665 215 30 1,333 306 160 14 167 400 250 30
3,730 1,630 227 1,150 1,150 548 665 215 30 1,333 306 160 14 167 400 250 30
3,730 1,630 227 1,150 1,150 548 665 215 30 1,333 306 160 14 167 400 250 30
144,017
12,004
12,004
12,004
12,004
12,004
12,004
12,004
12,004
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Amount
Jul
3,730 1,630 227 1,150 1,150 548 665 215 30 1,333 306 160 14 167 400 250 30
Aug
Sep
Oct
Nov
Dec
Total Total
3,730 1,630 227 1,150 1,150 548 665 215 30 1,333 306 160 14 167 400 250 30
3,730 1,630 227 1,150 1,150 548 665 215 30 1,333 306 160 14 167 400 250 30
3,730 1,630 227 1,150 1,150 548 665 215 30 1,333 306 160 14 167 400 250 30
3,730 1,630 227 1,150 1,150 548 665 215 30 1,333 306 160 14 167 400 250 30
3,730 1,630 227 1,150 1,150 548 665 215 30 1,333 306 160 14 167 400 250 30
44,760 19,560 19,560 2,724 13,800 13,800 6,576 7,980 2,580 360 15,996 3,672 1,920 168 2,000 4,800 3,000 356
12,004 Sep
12,004 Oct Oct
900 300
75 25
75 25
75 25
75 25
75 25
75 25
75 25
75 25
75 25
75 25
1,200
100
100
100
100
100
100
100
100
100
100
Amount
Jul
12,004
12,004
144,052
Nov Nov
Dec
Total
75 25 100
75 25 100
900 300 1,200
Jan
Feb
Mar
Apr
May
Jun
Toyota Hilux Vigo extra cab Yamaha Fino
387,600 9,400
5,383 783
5,383 783
5,383 783
5,383 783
5,383 783
5,383 783
5,383 783
Aug
Sep
Oct
Nov
Dec
Total
5,383 783
5,383 783
5,383 783
5,383 783
5,383 783
64,596 9,396
Total
397,000
6,166
6,166
6,166
6,166
6,166
6,166
6,166
6,166
6,166
6,166
6,166
6,166
73,992
Total operati ng deprecia tion
542,217
18,270
18,270
18,270
18,270
18,270
18,270
18,270
18,270
18,270
18,270
18,270
18,270
219,244
118
Administration Pre - Investment cost
Amount
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
Building Bill board
3,280,016 1,600
17,083 133
17,083 133
17,083 133
17,083 133
17,083 133
17,083 133
17,083 133
17,083 133
17,083 133
17,083 133
17,083 133
17,083 133
204,996 1,596
Total
3,281,616
17,216
17,216
17,216
17,216
17,216
17,216
Office
Amount
17,216
17,216
17,216
17,216
17,216
206,592
Jan
Feb
Mar
Apr
May
Jun
Aug
Sep
Oct
Nov
Dec
Total
Office desk Chair Filing cabinet Computer graphic High quality printer Cabinet Counter Sofa Living room's table Television Air conditioner Telephone Fan Speaker Copy printer Office Computer
1,680 1,512 3,056 13,796 8,400 3,600 1,700 5,944 1,144 2,806 10,740 290 594 1,620 36,000 6,416
140 126 253 1,148 700 300 142 497 97 233 895 25 50 135 3,000 533
140 126 253 1,148 700 300 142 497 97 233 895 25 50 135 3,000 533
140 126 253 1,148 700 300 142 497 97 233 895 25 50 135 3,000 533
140 126 253 1,148 700 300 142 497 97 233 895 895 25 50 135 3,000 533
140 126 253 1,148 700 300 142 497 97 233 895 895 25 50 135 3,000 533
140 126 253 1,148 700 300 142 497 97 233 895 895 25 50 135 3,000 533
140 126 253 1,148 700 300 142 497 97 233 895 895 25 50 135 3,000 533
140 126 253 1,148 700 300 142 497 97 233 895 895 25 50 135 3,000 533
140 126 253 1,148 700 300 142 497 97 233 895 895 25 50 135 3,000 533
140 126 253 1,148 700 300 142 497 97 233 895 895 25 50 135 3,000 533
140 126 253 1,148 700 300 142 497 97 233 895 895 25 50 135 3,000 533
140 126 253 1,148 700 300 142 497 97 233 895 895 25 50 135 3,000 533
1,680 1,512 3,036 13,776 8,400 3,600 1,700 5,964 1,164 2,796 10,740 300 600 1,620 36,000 6,396
Total
99,298
8,274
8,274
8,274
8,274
8,274
8,274
8,274
8,274
8,274
8,274
8,274
8,274
99,284
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
Kitchen
Amount
Jul
17,216
Microwave Water heater Kitchen sink cabinet Set of bowl Kitchen table set Refrigerator Coffee machine
470 182 300 600 1,504 1,190 240
40 16 25 50 127 100 20
40 16 25 50 127 100 20
40 16 25 50 127 100 20
40 16 25 50 127 100 20
40 16 25 50 127 100 20
40 16 25 50 127 100 20
40 16 25 50 127 100 20
40 16 25 50 127 100 20
40 16 25 50 127 100 20
40 16 25 50 127 100 20
40 16 25 50 127 100 20
40 16 25 50 127 100 20
480 192 300 600 1,524 1,200 240
Total
4,486
378
378
378
378
378
378
378
378
378
378
378
378
4,536
119
Restroom
Amount
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
Shower Mirror Flush toilet Basin Flush cleaner
14 180 4,384 1,060 14
2 15 367 90 2
2 15 367 90 2
2 15 367 90 2
2 15 367 90 2
2 15 367 90 2
2 15 367 90 2
2 15 367 90 2
2 15 367 90 2
2 15 367 90 2
2 15 367 90 2
2 15 367 90 2
2 15 367 90 2
24 180 4,404 1,080 24
Total
5,652
476
476
476
476
476
476
476
476
476
476
476
476
5,712
3,391,052
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
Total admin deprecia tion
26,344
26,344
316,124
120
4.3 Management Analysis 4.3.1 Human resource
Meepo Studio has 7 employees, and below is to job description and job qualification of employee in each position. 25
General Manager (1 Position)
Job Time
: 9.00 am. - 8.00 pm.
Job qualification
Male/Female, Age 25 up.
Master's or Bachelor's Degree.
Work experience must more than 2 years.
Knowledge about photography and have good management skill.
Job description
25
He/She can set up targeting of company.
Plan all of operating which follow target of company.
Source:http://www.jobbkk.com/th
121
26
Accounting (1 position)
Job Time
: 9.00 am. - 8.00 pm.
Job qualification
Female, Age 24 - 30.
Graduated bachelor degree in account major.
Knowledge and experience about accounting at least 2 year.
Job description
Management all of activities about finance.
Record revenue and expenses in the company.
Manage and control budget of company.
Sale and Marketing 27(1 position)
Job Time
: 9.00 am. - 8.00 pm.
Job qualification
Female, Age 24 – 30.
Graduated bachelor degree in marketing major or relate major.
Can use computer program.
Have good relationship.
Job description
26 27
Manage for product and service to customer‟s satisfaction.
Give information about product.
Do marketing and advertising.
Source:http://www.jobbkk.com/th/resume/employees_seekers/ATF2290008346100714 Source:http://www.jobbkk.com/th/job/jobs-seekers
122
28
Photographer manager (1 Position)
Job Time
: 9.00 am.- 8.00 pm. And working overtime.
Job qualification
Male, Age 26 - 30.
Graduated bachelor degree with the major that relate in work.
Work experience more than 3 year.
Can use computer program about Photoshop and other program that dressing image
Have high responsibility.
Job description
Design gesture for customer when photography time.
Graphic design for picture to customer.
Take photography.
Use Photoshop and other program that dressing image for satisfaction to customer.
Photographer 29(2 Positions)
Job Time
: 9.00 am.- 8.00 pm. And working overtime.
Job qualification
Male, Age 22- 30.
Graduated bachelor degree with the major that relate in work.
Can use computer program about Photoshop and other program that dressing image.
Job description
28 29
Take photography.
Use Photoshop and other program that dressing image for satisfaction to customer.
Can drive
Source: http://www.jobth.com/detailjob.php?gid=0000391330WJFFP) Source: http://www.jobth.com/detailjob.php?gid=0000391330WJFFP
123
30
Housekeeper (1 position)
Job Time
: 9.00 am.- 7.00 pm.
Job qualification
Female, Age 25 up.
Well know how to use equipment and chemicals for cleaning
Have high responsibility
Job description
Show products and sort products to look beautiful.
Cleaning all of product in company.
4.4 Administration Cost 31
4.4.1 Employee salary
Human resource
position
salary
Total
General Manager
1
12,000
12,000
Accounting
1
8,500
8,500
Sale and Marketing
1
8,500
8,500
Photographer manager
1
12,000
12,000
Photographer
2
10,000
20,000
Housekeeper
1
5,000
5,000
Total
7
66,000
30
Source:http://www.thaieasyjob.com/keyword_search.php?keyword=%E1%C1%E8%BA%E9 %D2%B9 31 source: http://www.ratchakitcha.soc.go.th/DATA/PDF/2553/E/148/7.PDF
124
4.4.2 Land and building
Meepo Studio purchases of building and land 4,100,000 Baht32 for build studio and office. 33
4.4.3 Electricity expense / Month
Estimate use of electricity 500 unit x 2.4649
= 1,232.45 baht
Service expense
+
Total electricity expense / month
228.17 baht 1,460.62 baht
Fix electricity at 1,460.62 baht. And each month the electricity increases 10 baht per one work. 4.4.4 Water expense / Month
34
Use 20 cu.m/month x 10.7baht
=
214 baht
Service expense
+
40 bath
VAT 7%
+
14.98 baht
Total water expense / Month
268.98 baht 35
4.4.5 3BB internet and telephone expense/ Month
Internet Expense
590/month
Telephone Expense
500/month
Maintenance costs
107/month
Fax
200/month
# (2 baht/time) Total
32
1,397/month
source: it can be found in appendix source: http://www.pea.co.th/rates/Rate2006.pdf 34 source: http://www.mwa.co.th/watercost.html 35 source: http://www.3bb.co.th/promotion/6mb.php and http://www.tot.co.th/index.php?option=com_linkcontent&Itemid=87&categoryid=147&task= detail&detail_id=766&lang=th 33
125
36 36
4.4.6 Social 4.4.6 Social welfare
Now social welfare deduct 10% by deduct from salary of employee 5% and employer 5% Expense social welfare of employer 5% x 66,000
=
3,300 baht
Expense social welfare of employee 5%x 66,000
=
3,300 baht
So the company pays social welfare to government 6,600 baht and pay salary
employee
62,700 /month. By deducted from salary employee 3,300 baht and the company paid 3,300 baht. 37
4.4.7 Fire Insurance
Mepoo studio does fire insurance with Muang Thai Insurance with limits covered is 4,000,000 baht and insurance rate is 12,247.22 baht per years, it is a fix cost. Muang Thai Insurance are covered everything in the company and covered for year by year. 38
4.4.8 Car Insurance
Mepoo studio does car insurance with Muang Thai Insurance. Which is Muang Thai 2 plus. Our covered for life to passenger in car insurance 1,000,000 baht per person but not over 10,000,000 baht per time. Covered to property of third parties 1,000,000 baht per time and covered car of insured per time. So Mepoo studio pays car insurance 8,900 baht per year.
4.4.9 Stationary expense
39
The company will buy office stationery 3 months per time No.
Description
Amount of
Price per unit
Total
product
1.
Calculation Calculation
2
279
558
2.
Paper A4
1
455
455
3.
Clip files
10
12
120
36
source:http://www.hrtothai.com/index.php?option=com source:http://www.hrtothai.com/index.php?option=com source: http://www.muangthaiinsurance.com/products_small_business.htm 38 source:http://www.muangthaiinsurance.com/products_2plus.htm 39 source:http://www.officemate.co.th 37
126
4.
Stapler
5
114
570
5.
Stapler piece
10
28
280
6.
Punch
1
70
70
7.
Scissors
5
22
110
8.
Piece
12
35
420
9.
Eraser
12
4
48
10.
Pen
12
3.50
42
11.
Correcting fluid
12
47
564
12.
Scotch tape
12
57
684
13.
Cutter
12
26
312
14.
Ruler
5
45
225
15.
Stamp pad
2
75
150
16.
Stamp pad Ink
2
16
32
17.
Paper cutter
1
959
959
18.
Cutting mats
1
810
810
19.
File
1
310
310
Total
6,719
40
4.4.10 Bonus
In the each end of the year, the company paid bonus to general manager for a encouragement. By the company will pay two time of employee salary.
40
source:http://www.siamhrm.com/?name=chapter&file=read&max=357
127
41
4.4.11 Commission
Company make the motivation to work with commission, we pay commission 1% of sale for accounting, sale and Photographer. And the company pays work trips for Photographer by give 250 baht per time
41
source:http://www.goldenbox.ws/commission2.htm
128
Administration Administration Cost
4.13 Administration Cost Year 2012 No.
description
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
Total
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
752,400
2,340.62
2,450.62
1,800.62
2,020.62
1,750.62
1,740.62
1,750.62 1,750.62
1,760.62
1,740.62
1,820.62
2,010.62
2,190.62
23,377.44
268.98
268.98
268.98
268.98
268.98
268.98
268.98
268.98
268.98
268.98
268.98
268.98
3227.76
Internet and telephone expense
1,397
1,397
1,397
1,397
1,397
1,397
1,397 1,397
1,397
1,397
1,397
1,397
1,397
16,764
5
Social security insurance
6,600
6,600
6,600
6,600
6,600
6,600
6,600 6,600
6,600
6,600
6,600
6,600
6,600
6
Fire Insurance
1
Employee Salary
2
Electricity expense
3
Water expense
4
12,247.22
7
Car Insurance
8,900
8
Office Supplies
6,719
9
Bonus
10
Commission
11
Field trip Total
79,200 12,247.22 8,900
6,719
23,976
24,502.80
9,784.20
15,248.40
7,984.20
6,719 7,624.20
7,984.20
8,344.20
7,624.20
20,157 9,974.40
14,888.40
24,000
24,000
19,635.60
157,571
4000
3000
4000
2000
1500
1000
1500 1500
2000
1000
2000
1500
2500
26000
129,149
100,919
86,551
90,235
88,920
81,331
82,201
83,071
88,050
84,761
89,365
119,292
1,123,844
4.14 Administration Cost Year 2013 No.
description
JAN
FEB
MAR
APR
JUN
JUL
AUG
SEP
OCT
DEC
Total
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
752,400
31,300.62
3,200.62
2,070.62
2,550.62
2,020.62
2,010.62
2,020.62
20,300.62
2,010.62
2,060.62
2,560.62
2,880.62
74,987.44
268.98
268.98
268.98
268.98
268.98
268.98
268.98
268.98
268.98
268.98
268.98
268.98
3227.76
Internet and telephone expense
1,397
1,397
1,397
1,397
1,397
1,397
1,397
1,397
1,397
1,397
1,397
1,397
16,764
5
Social security insurance
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6
Fire Insurance
1
Employee Salary
2
Electricity expense
3
Water expense
4
Car Insurance
8,900
8
Office Supplies
6,719
9
Bonus Commission
11
Field trip Total
NOV
12,247.22
7
10
MAY
45,049
79,200 12,247.22 8,900
6,719 46,431.60
17,048.40 17,048.40
29,416.80
15,248.40
6,719 14,888.40
15,248.40
15,608.40 15,608.40
14,888.40
20,157 18,094.80 18,094.80
29,440.20
24,000
24,000
37,831.20
299,194
4500
3500
4500
2500
2000
1500
2000
2500
1500
2500
2000
3000
32000
179,682
124,098
94,585
105,433
96,954
89,365
90,235
109,375
96,084
93,621
104,967
138,678
1,323,077
129
4.15 Administration Cost Year 2014 No.
description
1
Employee Salary
2
Electricity expense
3
Water expense
4
Internet and telephone expense
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
Total
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
752,400
3,901
4,051
2,341
3,081
2,291
2,281
2,291
2,301
2,281
2,461
3,071
3,571
33,917
269
269
269
269
269
269
269
269
269
269
269
269
3,228
1,397
1,397
1,397
1,397
1,397
1,397
1,397
1,397
1,397
1,397
1,397
1,397
16,764
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
79,200
5
Social security insurance
6
Fire Insurance
12,247
7
Car Insurance
8,900
8
Office Supplies
6,719
9
Bonus
10
Commission
11
Field trip Total
65,258
12,247 8,900 6,719 69,339
24,313
43,105
22,513
6,719 22,153
22,513
22,873
22,153
20,157 26,900
42,745
24,000
24,000
56,507
440,370
5,000
4,000
5,000
3,000
2,500
2,000
2,500
3,000
2,000
3,000
2,500
3,500
38,000
172,991
148,356
102,619 102,619
120,152
104,988
97,399
98,269
99,139
104,118
103,326
119,282
158,543
1,429,183
4.16 Administration Cost Year 2015 No.
description
1
Employee Salary
2
Electricity expense
3
Water expense
4
Internet and telephone expense
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
Total
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
752,400
4,711
4,891
2,621
3,611
2,571
2,561
2,571
2,581
2,561
2,791
3,601
4,261
39,327
269
269
269
269
269
269
269
269
269
269
269
269
3,228
1,397
1,397
1,397
1,397
1,397
1,397
1,397
1,397
1,397
1,397
1,397
1,397
16,764
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
79,200
5
Social security insurance
6
Fire Insurance
12,247
7
Car Insurance
8,900
8
Office Supplies
6,719
9
Bonus
10
Commission
11
Field trip Total
86,714
12,247 8,900 6,719 91,268
31,871
57,274
30,071
6,719 29,711
30,071
30,431
29,711
20,157 35,794
56,914
24,000
24,000
74,702
584,530
5,500
4,500
5,500
3,500
3,000
2,500
3,000
3,500
2,500
3,500
3,000
4,000
44,000
195,757
171,624
110,957
135,350
113,326
105,737
106,607
107,477
112,456
113,051
134,480
177,929
1,584,754
130
4.17 Administration Cost Year 2016 No.
description
1
Employee Salary
2
Electricity expense
3
Water expense
4
Internet and telephone expense
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
Total
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
752,400
5,501
5,741
2,891
4,151
2,841
2,831
2,841
2,851
2,931
3,101
4,141
4,951
44,767
269
269
269
269
269
269
269
269
269
269
269
269
3,228
1,397
1,397
1,397
1,397
1,397
1,397
1,397
1,397
1,397
1,397
1,397
1,397
16,764
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
79,200
5
Social security insurance
6
Fire Insurance
12,247
7
Car Insurance
8,900
8
Office Supplies
6,719
9
Bonus
10
Commission
11
Field trip Total
107,786
12,247 8,900 6,719 113,971
39,135
71,531
37,335
6,719 36,975
37,335
37,695
44,715
20,157 43,825
71,171
24,000
24,000
92,898
734,373
6,000
5,000
6,000
4,000
3,500
3,000
3,500
4,000
3,000
4,000
3,500
4,500
50,000
218,119
195,677
118,992
150,648
121,361
113,772
114,642
115,512
128,331
121,892
149,778
197,315
1,746,036
131
4.5 Technical Feasibility Conclusion
Meepo Studio is the studio that base on customer satisfaction, our services can be bend to customers order which can be fulfill customers demand. The structure in services that we establish is not the most important, the services will elasticity and be changed anytime base on the situation for fulfill customer satisfaction. Meepo studio services divide into 2 parts which are in the studio operation, field trip operation and addition services. In the studio operation, we provide photograph service which serves the quality of photographing by professional photographer, photographer, the customer can order the photographer to take the photo in the style, act, and etc. they wish and by the using high grade of camera and printing paper, the photograph which is printed can be the wonderful picture. Field trip operation, we serve the service to customers like professional and friends, so the customer can feel enjoy and feel free when taking the service in field trip operation. The service will divide into to 3 choices which are 4 hours in the morning or afternoon and 8 hours a day and for the events at any time. In the field trip cost is exclude the traveling cost which depends on how far the place where take the photograph and can have overtime cost when the customers take too long time when using the service. Addition service, in Meepo studio also have addition service which is important support when take a photograph that are print out the photograph, hair do, make up, dress up and frame. The cost of Print out the photograph is normal cost and also opens to the customers that not use our photograph graphic. Other addition, hair do, make up, dress up and frame, all of this service, Meepo studio will cooperation with other shop. In Managing, Meepo studio have 7 employee, 1 manager, 3 photographer, 1 receptionist, 1 housewife and 1 accountant. All the decision will end by the manager. The main feeling of service for customers will be professional and friendly
132
Chapter 5 Financial Analysis
133
Chapter 5 5.1 Finance Conclusion
According to income statement, the company will reach. Meepo Studio realizes that get return on investment has to spend time. It looks worth to invest with Meepo Studio because the profit after 5th year will be increased smoothly when the company is in market. That means the profit from Meepo Studio will get profit steadily. NPV
= 7,610,618.20
IRR
= 34.709%
PB
= 1.734
After we check the ratio from finance theory, the company will get payback period with in 1.734 or approximately 1.7 years. It looks very interesting to invest with Meepo Studio. Meepo Studio’s net income
In 2012, net income is
706,146
Baht
In 2013, net income is
781,687
Baht
In 2014, net income is
2,286,666
Baht
In 2015, net income is
3,515,681
Baht
In 2016, net income is
5,062,516
Baht
Cost of invest for Meepo Studio is
minus
6,133,549 Baht
The company expects to borrow 7,00,000 Baht which interest rate is 7 percentage. 42
42
http://www.smebank.co.th/service_rate_1.php
134
5.2 Income Statement
Table 5.1 Income statement year 2012 Meepo studio Company Limited Income Statement For the year ended December, 31 2012 Jan
Feb
Mar
Apr
May
Jun Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
399,600
408,380
163,070
254,140
133,070
127,070
133,070
139,070
127,070
166,240
248,140
327,260
2,626,180
77,128
77,414
32,399
47,598
24,399
22,799
24,399
25,999
22,799
31,016
45,998
62,294
494,242
322,472
330,966
130,671
206,542
108,671
104,271
108,671
113,071
104,271
135,224
202,142
264,966
2,131,938
27,976
27,503
13,784
17,248
9,484
8,624
9,484
10,344
8,624
11,974
16,388
22,136
183,571
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
48,000
Revenues Sales Less: Cost of goods sold Gross margin Marketing expense Sale commission Radio local Brochure Plate/ Poster/ Vinyl Website Total marketing expense
36,000
1,000
36,000
72,000
16,759
16,759
84,985
31,503
17,784
21,498
13,484
12,624
49,734
14,344
12,624
16,224
20,388
26,136
321,330
Operating expense & Administrative expense Salaries
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
752,400
Social security insurance
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
79,200
Office supplies
6,719
Utility expense
4,007
3,487
3,677
3,857
43,369
Fire insurance
12,247
Automobile Insurance Administrative Administrative depreciation
6,719 4,117
3,467
3,687
3,417
6,719 3,407
3,417
3,427
3,407
20,157 12,247
8,900 26,344
8,900 26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
316,128
Total administrative administrative expense
127,517
99,761
99,111
99,331
105,780
99,051
99,061
99,071
105,770
99,131
99,321
99,501
1,232,401
Operating, Marketing and Administrative Administrative expense
212,502
131,263
116,895
120,829
119,264
111,675 111,675
148,795
113,415
118,394 118,394
115,355
119,709
125,636
1,553,731
Earning before interest and tax
109,970
199,703
13,776
85,713
-10,593
-7,404 -7,404
-40,124
-344
-14,123
19,869
82,433
139,330
578,207
40,834
40,834
40,834
40,834
40,834
40,834
40,834
40,834
40,834
40,834
40,834
740,834
1,190,008
After interest income
69,136
158,869
-27,058
44,879
-51,427
-48,238
-80,958
-41,178
-54,957
-20,965
41,599
-601,504
-611,801
Income tax (30 %)
20,741
47,661
48,395
111,208
-601,504
-706,146
Interest and loan expense
Net income
13,464 -27,058
31,415
12,480 -51,427
-48,238
-80,958
-41,178
-54,957
-20,965
29,119
94,345
135
Table 5.2 Income statement year 2013 Meepo studio Company Limited Income Statement For the year ended December, 31 2013 Jan
Feb
Mar
Apr
May
Jun Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total 4,986,560
Revenues Sales
750,810
773,860
284,140
490,280
254,140
248,140
254,140
260,140
248,140
301,580
490,670
630,520
Less: Cost of goods sold
142,525
146,451
54,598
91,396
46,598
44,998
46,598
48,198
44,998
56,855
91,327
119,188
933,730
Gross margin
608,285
627,409
229,542
398,884
207,542
203,142
207,542
211,942
203,142
244,725
399,343
511,332
4,052,830
49,549
49,932
21,548
31,917
17,248
16,388
17,248
18,108
16,388
20,595
31,440
40,831
331,194
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
48,000
Marketing expense Sale commission Radio local Brochure Plate/ Poster/ Vinyl Website Total marketing expense
36,000
1,000
36,000
72,000
500
500
90,299
53,932
25,548
36,167
21,248
20,388
57,498
22,108
20,388
24,845
35,440
44,831
452,694
Operating expense & Administrative expense Salaries
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
752,400
Social security insurance
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
79,200
Office supplies
6,719
Utility expense
32,967
3,727
4,227
4,547
94,979
Fire insurance
12,247
Automobile Insurance Administrative Administrative depreciation
6,719 4,867
3,737
4,217
3,687
6,719 3,677
3,687
21,967
3,677
20,157 12,247
8,900 18,271
8,900 18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
219,256
Total administrative administrative expense
148,404
92,438
91,308
91,788
97,977
91,248
91,258
109,538
97,967
91,298
91,798
92,118
1,187,140
Operating, Marketing and Administrative Administrative expense
238,703
146,370
116,856
127,955
119,225
111,636
148,756
131,646
118,355
116,143 116,143
127,238
136,949
1,639,834
Earning before interest and tax
369,582
481,039
112,686
270,929
88,317
91,506
58,786
80,296
84,787
128,582
272,105
374,383
2,412,996
36,750
36,750
36,750
36,750
36,750
36,750
36,750
36,750
36,750
36,750
36,750
736,750
1,141,000
After interest income
332,832
444,289
75,936
234,179
51,567
54,756
22,036
43,546
48,037
91,832
235,355
-362,367
1,271,996
Income tax (30 %)
99,850
133,287
22,781
70,254
15,470
16,427
6,611
13,064
14,411
27,550
70,606
232,982
311,003
53,155
163,925
36,097
38,329
15,425
30,482
33,626
64,283
164,748
Interest and loan expense
Net income
490,309 -362,367
781,687
136
Table 5.3 Income statement year 2014 Meepo studio Company Limited Income Statement For the year ended December, 31 2014 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov Nov
Dec
Total
Revenues Sales
1,087,630
1,155,650
405,210
718,420
375,210
369,210
375,210
381,210
369,210
448,330
712,420
941,780
7,339,490
Less: Cost of goods sold
205,967
217,240
76,797
134,770
68,797
67,197
68,797
70,397
67,197
83,493
133,170
176,506
1,370,328
Gross margin
881,663
938,410
328,413
583,650
306,413
302,013
306,413
310,813
302,013
364,837
579,250
765,274
5,969,162
45,049
46,432
17,048
29,417
15,248
14,888
15,248
15,608
14,888
18,095
29,440
37,831
299,194
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
48,000
Marketing expense Sale commission Radio local Brochure Plate/ Poster/ Vinyl Website Total marketing expense
36,000
1,000
36,000
72,000
500
500
85,799
50,432
21,048
33,667
19,248
18,888
55,498
19,608
18,888
22,345
33,440
41,831
420,694
Operating expense & Administrative expense Salaries
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
752,400
Social security insurance
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
79,200
Office supplies
6,719
Utility expense
5,567
4,127
4,737
5,237
53,909
Fire insurance
12,247
Automobile Insurance Administrative Administrative depreciation
6,719 5,717
4,007
4,747
3,957
6,719 3,947
3,957
3,967
3,947
20,157 12,247
8,900 18,271
8,900 18,271 18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
219,256 1,146,070
Total administrative administrative expense
121,004
93,288
91,578
92,318
98,247
91,518
91,528
91,538
98,237
91,698
92,308
92,808
Operating, Marketing and Administrative Administrative expense
206,803
143,720
112,626
125,985
117,495
110,406
147,026 147,026
111,146
117,125
114,043 114,043
125,748
134,639
1,566,764
Earning before interest and tax
674,860
794,690
215,787
457,665
188,918
191,607
159,387
199,667
184,888
250,794
453,502
630,635
4,402,398
32,667
32,667
32,667
32,667
32,667
32,667
32,667
32,667
32,667
32,667
32,667
732,667
1,092,004
After interest income
Interest and loan expense
642,193
762,023
183,120
424,998
156,251
158,940
126,720
167,000
152,221
218,127
420,835
-102,032
3,310,394
Income tax (30 %)
192,658
228,607
54,936
127,499
46,875
47,682
38,016
50,100
45,666
65,438
126,250
449,535
533,416
128,184
297,499
109,375
111,258
88,704
116,900
106,554
152,689
294,584
Net income
1,023,728 -102,032
2,286,666
137
Table 5.4 Income statement year 2015 Meepo studio Company Limited Income Statement For the year ended December, 31 2015 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
1,445,230
1,521,130
272,895
286,277
531,180
954,560
501,180
495,180
501,180
507,180
495,180
99,949
178,568
91,949
90,349
91,949
93,549
90,349
1,172,335
1,234,853
431,231
775,992
409,231
404,831
409,231
413,631
404,831
86,714
91,268
31,871
57,274
30,071
29,711
30,071
30,431
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
Oct Oct
Nov
Dec
Total
596,570
948,560
1,245,040
9,742,170
110,709
176,968
233,400
1,816,911
485,861
771,592
1,011,640
7,925,259
29,711
35,794
56,914
74,702
584,530
4,000
4,000 250
4,000
4,000
48,000
Revenues Sales Less: Cost of goods sold Gross margin Marketing expense Sale commission Radio local Brochure Plate/ Poster/ Vinyl Website Total marketing expense
36,000
1,000
36,000
72,000
500
500
127,464
95,268
35,871
61,524
34,071
33,711
70,321
34,431
33,711
40,044
60,914
78,702
706,030
Operating expense & Administrative expense Salaries
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
752,400
Social security insurance
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
79,200
Office supplies
6,719
6,719
0
Utility expense
6,377
4,227
4,457
5,267
8,266
61,659
Fire insurance
12,247
Automobile Insurance Administrative Administrative depreciation
6,719 6,557
4,287
5,277
4,237
4,227
4,237
4,247
20,157 12,247
8,900 18,271
8,900 18,271 18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
219,256
Total administrative administrative expense
121,814
94,128
91,858
92,848
98,527
91,798
91,808
91,818
98,517
92,028
92,838
95,837
1,153,819
Operating, Marketing and Administrative Administrative expense
249,278
189,396
127,729
154,372
132,598 132,598
125,509
162,129
126,249 126,249
132,228
132,072
153,752 153,752
174,540
1,859,850
Earning before interest and tax
923,057
1,045,457
303,502
621,620
276,633
279,322
247,102
287,382
272,603
353,789
617,840
837,100
6,065,409
28,584
28,584
28,584
28,584
28,584
28,584
28,584
28,584
28,584
28,584
28,584
728,584
1,043,008
After interest income
894,473
1,016,873
274,918
593,036
248,049
250,738
218,518
258,798
244,019
325,205
589,256
108,516
5,022,401
Income tax (30 %)
268,342
305,062
82,475
177,911
74,415
75,221
65,555
77,639
73,206
97,561
176,777
32,555
1,506,720
626,131
711,811
192,443
415,126
173,634
175,517
152,963
181,159
170,813
227,643
412,480
75,961
3,515,681
Interest and loan expense
Net income
138
Table 5.5 Income statement year 2016 Meepo studio Company Limited Income Statement For the year ended December, 31 2016 Jan
Feb
Mar
Apr
1,796,440 338,292
May
Jun
Jul
Aug
1,899,510
652,250
1,192,190
622,250
616,250
622,250
628,250
356,691
122,148
222,944
114,148
112,548
114,148
115,748
1,458,148
1,542,819
530,102
969,246
508,102
503,702
508,102
512,502
107,786
113,971
39,135
71,531
37,335
36,975
37,335
4,000 250
4,000 250
4,000 250
4,000 250
4,000 250
4,000 250
4,000 250
36,000
36,000
36,000
36,000
36,000
36,000
36,000
Sep
Oct
Nov
Dec
Total
745,250
730,420
1,186,190
1,548,300
12,239,550
126,318
135,970
221,344
290,294
2,270,593
618,932
594,450
964,846
1,258,006
9,968,957
37,695
44,715
43,825
71,171
92,898
734,373
4,000 250
4,000 250
4,000 250
4,000 250
4,000 250
48,000
36,000
36,000
36,000
36,000
36,000
432,000
Revenues Sales Less: Cost of goods sold Gross margin Marketing expense Sale commission Radio local Brochure Plate/ Poster/ Vinyl Website Total marketing expense
3,000
500
500
500
500
500
500
500
500
500
500
500
500
6,000
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
489,000 489,000
Operating expense & Administrative expense Salaries
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
752,400
Social security insurance
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
79,200
Office supplies
6,719
Utility expense
7,167
4,767
5,807
6,617
64,759
Fire insurance
12,247
Automobile Insurance Administrative Administrative depreciation
6,719 7,407
4,557
5,817
4,507
6,719 4,497
4,507
4,517
4,597
20,157 12,247
8,900 26,344
8,900 26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344 26,344
316,128 316,128
Total administrative administrative expense
130,677
103,051
100,201
101,461
106,870
100,141
100,151
100,161
106,960
100,411
101,451
102,261
1,253,791
Operating, Marketing and Administrative Administrative expense
171,427
143,801
140,951
142,211
147,620
140,891
140,901 140,901
140,911
147,710
141,161
142,201
143,011
1,742,791
1,286,721
1,399,018
389,151
827,035
360,482
362,811
367,201
371,591
471,222
453,289
822,645
1,114,995
8,226,166
24,500
24,500
24,500
24,500
24,500
24,500
24,500
24,500
24,500
24,500
24,500
724,500
994,000
1,262,221
1,374,518
364,651
802,535
335,982
338,311
342,701
347,091
446,722
428,789
798,145 798,145
390,495 390,495
7,232,166
Earning before interest and tax Interest and loan expense After interest income Income tax (30 %) Net income
378,666
412,356
109,395
240,761
100,795
101,493
102,810
104,127
134,017
128,637
239,444
117,149
2,169,650
883,555
962,163
255,256
561,775
235,188
236,818
239,891
242,964
312,706
300,153
558,702
273,347
5,062,516
139
5.3 Statement of Cash flow
Table 5.6 statement of cash flow year 2012 Meepo Studio Company Limited Statement Of Cash Flow For the year ended December, 31 2012 Before operating
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
Cash flow from operating activity Cash inflow
Cash received on sales
399,600
408,380
163,070
254,140
133,070
127,070
133,070
139,070
127,070
166,240
248,140
327,260
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
316,128
425,944
434,724
189,414
280,484
159,414
153,414
159,414
165,414
153,414
192,584
274,484
353,604
2,942,308
Cost of goods sold
77,128
77,414
32,399
47,598
24,399
22,799
24,399
25,999
22,799
31,016
45,998
62,294
494,242
Marketing expense
84,985
31,503
17,784
21,498
13,484
12,624
49,734
14,344
12,624
16,224
20,388
26,136
321,330
127,517
99,761
99,111
99,331
105,780
99,051
99,061
99,071
105,770
99,131
99,321
99,501
1,232,401
Adjust depreciation Total cash inflow from operating activities
2,626,180
Cash outflow
Administrative expense Cash paid for income tax Total cash outflow from operating activities Net cash flow from o perating activities
Cash flow from investing activity Cash inflow
Land & Building
4,100,000
Equipment
1,419,227
Adminstration tools Registration cost Telephone line &Internet Installment Website cost Bill board Logo Net cash flow from investing activities
Cash flow from financing activity Cash inflow
549,164 44,500 1,099 16,759 1,600 1,200 6,133,549
20,741
47,661
0
13,464
0
0
0
0
0
0
12,480
0
94,345
-310,371
-256,338
-149,294
-181,891
-143,663
-134,474
-173,194
-139,414
-141,193
-146,371
-178,187
-187,930
-2,142,318
115,573
178,386
98,593
15,751
18,940
26,000
12,221
46,213
96,297
40,120
-13,780
165,674
5,084,626
140
Cash loan
7,000,000
Cash outflow
Repayment for interest and principle loan
-40,834
-40,834
-40,834
-40,834
-40,834
-40,834
-40,834
-40,834
-40,834
-40,834
-40,834
-740,834
-1,190,008
Net cash flow from financing activities
Net Cash
Net increase/decrease in cash
866,451
Beginning cash Ending cash
866,451
115,573
178,386
40,120
98,593
15,751
18,940
-13,780
26,000
12,221
46,213
96,297
165,674
866,451
941,190
1,078,742
1,078,029
1,135,788
1,110,705
1,088,811
1,034,197
1,019,364
990,751
996,130
1,051,593
799,990 0
941,190
1,078,742
1,078,029
1,135,788
1,110,705
1,088,811
1,034,197
1,019,364
990,751
996,130
1,051,593
476,433
476,433
141
Table 5.7 statement of cash flow year 2013 Meepo Studio Company Limited Statement Of Cash Flow For the year ended December, 31 2013 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
4,986,560
Cash flow from operating activity Cash inflow
Cash received on sales Adjust depreciation Total cash inflow from operating activities
750,810
773,860
284,140
490,280
254,140
248,140
254,140
260,140
248,140
301,580
490,670
630,520
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
219,256
769,081
792,131
302,411
508,551
272,411
266,411
272,411
278,411
266,411
319,851
508,941
648,791
5,205,816
142,525
146,451
54,598
91,396
46,598
44,998
46,598
48,198
44,998
56,855
91,327
119,188
933,730
90,299
53,932
25,548
36,167
21,248
20,388
57,498
22,108
20,388
24,845
35,440
44,831
452,694
148,404
92,438
91,308
91,788
97,977
91,248
91,258
109,538
97,967
91,298
91,798
92,118
1,187,140
Cash outflow
Cost of goods sold Marketing expense Administrative expense Cash paid for income tax Total cash outflow from operating activities Net cash flow from o perating activities
99,850
133,287
22,781
70,254
15,470
16,427
6,611
13,064
14,411
27,550
70,606
0
490,309
-481,078
-426,107
-194,235
-289,605
-181,293
-173,061
-201,965
-192,908
-177,764
-200,547
-289,172
-256,137
-3,063,873
288,004
366,024
108,176
218,947
91,118
93,350
70,446
85,503
88,647
119,304
219,770
392,654
-36,750
-36,750
-36,750
-36,750
-36,750
-36,750
-36,750
-36,750
-36,750
-36,750
-36,750
2,141,944
Cash flow from investing activity Cash inflow
Land & Building Equipment Adminstration tools Registration cost Telephone line &Internet Installment Website cost Bill board Logo Net cash flow from investing activities
Cash flow from financing activity Cash inflow
Cash loan Cash outflow
Repayment for interest and principle loan
-736,750
-1,141,000
142
Net cash flow from financing activities
Net Cash
Net increase/decrease in cash
288,004
366,024
108,176
218,947
91,118
93,350
70,446
85,503
119,304
219,770
392,654
Beginning cash
476,433
727,687
1,056,961
1,128,387
1,310,584
1,364,952
1,421,552
1,455,248
1,504,002
88,647
1,555,899
1,638,453
1,821,472
2,141,944 476,433
Ending cash
727,687
1,056,961
1,128,387
1,310,584
1,364,952
1,421,552
1,455,248
1,504,002
1,555,899
1,638,453
1,821,472
1,477,377
1,477,377
143
Table 5.8 statement of cash flow year 2014 Meepo Studio Company Limited Statement Of Cash Flow For the year ended December, 31 2014 Jan
Feb
Mar
Apr
May
Jun
1,087,630
1,155,650
405,210
718,420
375,210
369,210
18,271
18,271
18,271
18,271
18,271
18,271
1,105,901
1,173,921
423,481
736,691
393,481
205,967
217,240
76,797
134,770
85,799
50,432
21,048
33,667
121,004
93,288
91,578
92,318
Jul
Aug
Sep
Oct
Nov
Dec
Total
375,210
381,210
369,210
448,330
712,420
941,780
18,271
18,271
18,271
18,271
18,271
18,271
219,256
387,481
393,481
399,481
387,481
466,601
730,691
960,051
7,558,7 46
68,797
67,197
68,797
70,397
67,197
83,493
133,170
176,506
1,370,328
19,248
18,888
55,498
19,608
18,888
22,345
33,440
41,831
420,694
98,247
91,518
91,528
91,538
98,237
91,698
92,308
92,808
1,146,070
Cash flow from operating activity Cash inflow
Cash received on sales Adjust depreciation Total cash inflow from operating activities
7,339,490
Cash outflow
Cost of goods sold Marketing expense Administrative expense Cash paid for income tax Total cash outflow from operating activities Net cash flow from o perating activities
192,658
228,607
54,936
127,499
46,875
47,682
38,016
50,100
45,666
65,438
126,250
0
1,023,728
-605,428
-589,567
-244,359
-388,254
-233,168
-225,285
-253,839
-231,643
-229,989
-262,974
-385,169
-311,145
-3,960,820
500,473
584,355
179,122
348,437
160,314
162,196
139,642
167,838
157,493
203,627
345,523
648,906
3,597,927
-32,667
-32,667
-32,667
-32,667
-32,667
-32,667
-32,667
-32,667
-32,667
-32,667
-32,667
-732,667
Cash flow from investing activity Cash inflow
Land & Building Equipment Adminstration tools Registration cost Telephone line &Internet Installment Website cost Bill board Logo Net cash flow from investing activities
Cash flow from financing activity Cash inflow
Cash loan Cash outflow
Repayment for interest and principle loan
-1,092,004
144
Net cash flow from financing activities
Net Cash
500,473
584,355
179,122
348,437
160,314
162,196
139,642
167,838
157,493
203,627
345,523
648,906
3,597,927
Beginning cash
Net increase/decrease in cash
1,477,377
1,945,183
2,496,871
2,643,326
2,959,096
3,086,743
3,216,272
3,323,247
3,458,418
3,583,244
3,754,204
4,067,060
1,477,377
Ending cash
1,945,183
2,496,871
2,643,326
2,959,096
3,086,743
3,216,272
3,323,247
3,458,418
3,583,244
3,754,204
4,067,060
3,983,299
3,983,299
145
Table 5.9 statement of cash flow year 2015 Meepo Studio Company Limited Statement Of Cash Flow For the year ended December, 31 2015 Jan
Feb
Mar
Apr
May
Jun
1,445,230
1,521,130
531,180
954,560
501,180
495,180
18,271
18,271
18,271
18,271
18,271
18,271
1,463,501
1,539,401
549,451
972,831
519,451
Jul
Aug
Sep
Oct
Nov
Dec
Total
501,180
507,180
495,180
596,570
948,560
1,245,040
18,271
18,271
18,271
18,271
18,271
18,271
219,256
513,451
519,451
525,451
513,451
614,841
966,831
1,263,311
9,961,426
1,816,911
Cash flow from operating activity Cash inflow
Cash received on sales Adjust depreciation Total cash inflow from operating activities
9,742,170
Cash outflow
Cost of goods sold
272,895
286,277
99,949
178,568
91,949
90,349
91,949
93,549
90,349
110,709
176,968
233,400
Marketing expense
127,464
95,268
35,871
61,524
34,071
33,711
70,321
34,431
33,711
40,044
60,914
78,702
706,030
Administrative expense
121,814
94,128
91,858
92,848
98,527
91,798
91,808
91,818
98,517
92,028
92,838
95,837
1,153,819
Cash paid for income tax Total cash outflow from operating activities Net cash flow from operating activities
268,342
305,062
82,475
177,911
74,415
75,221
65,555
77,639
73,206
97,561
176,777
32,555
1,506,720
-790,515
-780,735
-310,153
-510,850
-298,962
-291,079
-319,633
-297,437
-295,783
-340,343
-507,496
-440,495
-5,183,481
672,986
758,667
239,298
461,981
220,490
222,372
199,818
228,014
217,669
274,499
459,335
822,817
15,144,907
-28,584
-28,584
-28,584
-28,584
-28,584
-28,584
-28,584
-28,584
-28,584
-28,584
-28,584
-728,584
-1,043,008
Cash flow from investing activity Cash inflow
Land & Building Equipment Adminstration tools Registration cost Telephone line &Internet Installment Website cost Bill board Logo Net cash flow from investing activities
Cash flow from financing activity Cash inflow
Cash loan Cash outflow
Repayment for interest and principle loan
146
Net cash flow from financing activities
Net Cash
672,986
758,667
239,298
461,981
220,490
222,372
199,818
228,014
217,669
274,499
459,335
822,817
4,777,945
Beginning cash
Net increase/decrease in cash
3,983,299
4,627,702
5,357,784
5,568,498
6,001,895
6,193,801
6,387,589
6,558,823
6,758,253
6,947,338
7,193,253
7,624,004
3,983,299
Ending cash
4,627,702
5,357,784
5,568,498
6,001,895
6,193,801
6,387,589
6,558,823
6,758,253
6,947,338
7,193,253
7,624,004
7,718,237
7,718,237
147
Table 5.10 statement of cash flow year 2016 Meepo Studio Company Limited Statement Of Cash Flow For the year ended December, 31 2016 Jan
Feb
Mar
1,796,440
1,899,510
652,250
26,344
26,344
26,344
1,822,784
1,925,854
338,292 40,750 130,677
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
1,192,190
622,250
616,250
622,250
628, 250
745,250
730,420
1,186,190
1,548,300
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
316,128
678,594
1,218,534
648,594
642,594
648,594
654,594
771,594
756,764
1,212,5 34
1,574,644
12,555,678
356,691
122,148
222,944
114,148
112,548
114,148
115,748
126,318
135,970
221,344
290,294
2,270,593
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
489,000
103,051
100,201
101,461
106,870
100,141
100,151
100,161
106,960
100,411
101,451
102,261
1,253,791
Cash flow from operating activity Cash inflow
Cash received on sales Adjust depreciation Total cash inflow from operating activities
12,239,550
Cash outflow
Cost of goods sold Marketing expense Administrative expense Cash paid for income tax Total cash outflow from operating activities Net cash flow from o perating activities
Cash flow from investing activity Cash inflow
Land & Building Equipment Adminstration tools Registration cost Telephone line &Internet Installment Website cost Bill board Logo Net cash flow from investing activities
Cash flow from financing activity Cash inflow
Cash loan Cash outflow
378,666
412,356
109,395
240,761
100,795
101,493
102,810
104,127
134,017
128,637
239,444
117,149
2,169,650
-888,385
-912,847
-372,494
-605,915
-362,562
-354,932
-357,859
-360,786
-408,044
-405,767
-602,988
-550,453
-6,183,034
934,399
1,013,007
306,100
612,619
286,032
287,662
290,735
293,808
363,550
350,997
609,546
1,024,191
6,372,644
148
Repayment for interest and principle loan
-24,500
-24,500
-24,500
-24,500
-24,500
-24,500
-24,500
-24,500
-24,500
-24,500
-24,500
-724,500
-994,000
6,372,644
Net cash flow from financing activities
Net Cash
934,399
1,013,007
306,100
612,619
286,032
287,662
290,735
293,808
363,550
609,546
1,024,191
Beginning cash
Net increase/decrease in cash
7,718,237
8,628,135
9,616,642
9,898,242
10,486,361
10,747,893
11,011,055
11,277,290
11,546,598
11,885,647
350,997
12,212,144
12,797,190
7,718,237
Ending cash
8,628,135
9,616,642
9,898,242
10,486,361
10,747,893
11,011,055
11,277,290
11,546,598
11,885,647
12,212,144
12,797,190
13,096,881
13,096,881
149
5.4 balance sheet
Table 5.11 Balance sheet year 2012 Meepo Studio Company Limited Balance sheet For the year ended December, 31 2012 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
1,078,742
1,078,029
1,135,788
1,110,705
1,088,811
1,034,197
1,019,364
Sep
Oct
Nov
Dec
Total Year 1
Current Asset Cash
941,190
990,751
996,130
1,051,593
476,433
476,433
Fixed asset
Land & Building
4,100,000
4,100,000
4,100,000
4,100,000
4,100,000
4,100,000
4,100,000
4,100,000
4,100,000
4,100,000
4,100,000
4,100,000
4,100,000
Equipment
1,419,227
1,419,227
1,419,227
1,419,227
1,419,227
1,419,227
1,419,227
1,419,227
1,419,227
1,419,227
1,419,227
1,419,227
1,419,227 1,419,227
549,164
549,164
549,164
549,164
549,164
549,164
549,164
549,164
549,164
549,164
549,164
549,164
549,164
44,500
44,500
44,500
44,500
44,500
44,500
44,500
44,500
44,500
44,500
44,500 44,500
44,500
44,500
1,099
1,099
1,099
1,099
1,099
1,099
1,099
1,099
1,099
1,099
1,099 1,099
1,099
1,099
16,759
16,759
16,759
16,759
16,759
16,759
16,759
16,759
16,759
16,759
16,759 16,759
16,759
16,759
Bill board
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600 1,600
1,600
1,600
Logo
1,200
1,200
1,200
1,200
1,200
1,200
1,200
1,200
1,200
1,200
1,200 1,200
1,200
1,200
-26,344
- 52,688
-79,032
-105,376
-131,720
-158,064
-184,408
-210,752
-237,096
-263,440
-289,784
-316,128
-316,128
7,048,395
7,159,603
7,132,546
7,163,961
7,112,534
7,064,296
6,983,338
6,942,161
6,887,204
6,866,239
6,895,358
6,293,854
6,293,854
Owner' equity
7,000,000
7,000,000
7,000,000
7,000,000
7,000,000
7,000,000
7,000,000
7,000,000
7,000,000
7,000,000
7,000,000
7,000,000
7,000,000
Retain Earning
48,395
159,603
132,546
163,961
112,534
64,296
-16,662
-57,839
-112,796
-133,761
-104,642
-706,146
-706,146
7,048,395
7,159,603
7,132,546
7,163,961
7,112,534
7,064,296
6,983,338
6,942,161
6,887,204
6,866,239
6,895,358
6,293,854
6,293,854
Adminstration Adminstration tools Registration cost Telephone line &Internet Installment Website cost
Accumulated Depreciation Tatal Asset Liability And Equity Equity
Total Equity
150
Table 5.12 Balance sheet year 2013 Meepo Studio Company Limited Balance sheet For the year ended December, 31 2013 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total Year 1
1,056,961
1,128,387
1,310,584
1,364,952
1,421,552
1,455,248
1,504,002
1,555,899
1,638,453
1,821,472
1,477,377
1,477,377
Current Asset Cash
727,687
Fixed asset
Land & Building
4,100,000
4,100,000
4,100,000
4,100,000
4,100,000
4,100,000
4,100,000
4,100,000
4,100,000
4,100,000
4,100,000
4,100,000
4,100,000
Equipment
1,419,227
1,419,227
1,419,227
1,419,227
1,419,227
1,419,227
1,419,227
1,419,227
1,419,227
1,419,227
1,419,227
1,419,227
1,419,227 1,419,227
549,164
549,164
549,164
549,164
549,164
549,164
549,164
549,164
549,164
549,164
549,164
549,164
549,164
44,500
44,500
44,500
44,500
44,500
44,500
44,500
44,500
44,500
44,500
44,500 44,500
44,500
44,500
1,099
1,099
1,099
1,099
1,099
1,099
1,099
1,099
1,099
1,099
1,099 1,099
1,099
1,099
16,759
16,759
16,759
16,759
16,759
16,759
16,759
16,759
16,759
16,759
16,759 16,759
16,759
16,759
Bill board
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600 1,600
1,600
1,600
Logo
1,200
1,200
1,200
1,200
1,200
1,200
1,200
1,200
1,200
1,200
1,200 1,200
1,200
1,200
-334,399
-352,671
-370,942
-389,213
-407,485
-425,756
-444,028
-462,299
-480,570
-498,842
-517,113
-535,384
-535,384
6,526,836
6,837,839
6,890,994
7,054,919
7,091,016
7,129,345
7,144,770
7,175,252
7,208,877
7,273,160
7,437,908
7,075,541
7,075,541
Owner' equity
6,133,549
6,133,549
6,133,549
6,133,549
6,133,549
6,133,549
6,133,549
6,133,549
6,133,549
6,133,549
6,133,549
6,133,549
6,133,549
Retain Earning
393,287
704,290
757,445
921,370
957,467
995,796
1,011,221
1,041,703
1,075,328
1,139,611
1,304,359
941,992
941,992
6,526,836
6,837,839
6,890,994
7,054,919
7,091,016
7,129,345
7,144,770
7,175,252
7,208,877
7,273,160
7,437,908
7,075,541
7,075,541
Adminstration Adminstration tools Registration cost Telephone line &Internet Installment Website cost
Accumulated Depreciation Tatal Asset Liability And Equity Equity
Total Equity
151
Table 5.13 Balance sheet year 2014 Meepo Studio Company Limited Balance sheet For the year ended December, 31 2014 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total Year 1
1,945,183
2,496,871
2,643,326
2,959,096
3,086,743
3,216,272
3,323,247
3,458,418
3,583,244
3,754,204
4,067,060
3,983,299
3,983,299
Current Asset Cash Fixed asset
Land & Building
4,100,000
4,100,000
4,100,000
4,100,000
4,100,000
4,100,000
4,100,000
4,100,000
4,100,000
4,100,000
4,100,000
4,100,000
4,100,000
Equipment
1,419,227
1,419,227
1,419,227
1,419,227
1,419,227
1,419,227
1,419,227
1,419,227
1,419,227
1,419,227
1,419,227
1,419,227
1,419,227 1,419,227
549,164
549,164
549,164
549,164
549,164
549,164
549,164
549,164
549,164
549,164
549,164
549,164
549,164
44,500
44,500
44,500
44,500
44,500
44,500
44,500
44,500
44,500
44,500
44,500 44,500
44,500
44,500
1,099
1,099
1,099
1,099
1,099
1,099
1,099
1,099
1,099
1,099
1,099 1,099
1,099
1,099
16,759
16,759
16,759
16,759
16,759
16,759
16,759
16,759
16,759
16,759
16,759 16,759
16,759
16,759
Bill board
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600 1,600
1,600
1,600
Logo
1,200
1,200
1,200
1,200
1,200
1,200
1,200
1,200
1,200
1,200
1,200 1,200
1,200
1,200
-553,656
-571,927
-590,199
-608,470
-626,741
-645,013
-663,284
-681,555
-699,827
-718,098
-736,370
-754,641
-754,641
7,525,076
8,058,492
8,186,676
8,484,175
8,593,550
8,704,808
8,793,512
8,910,412
9,016,966
9,169,655
9,464,240
9,362,207
9,362,207
Owner' equity
6,133,549
6,133,549
6,133,549
6,133,549
6,133,549
6,133,549
6,133,549
6,133,549
6,133,549
6,133,549
6,133,549
6,133,549
6,133,549
Retain Earning
1,391,527
1,924,943
2,053,127
2,350,626
2,460,001
2,571,259
2,659,963
2,776,863
2,883,417
3,036,106
3,330,691
3,228,658
3,228,658
7,525,076
8,058,492
8,186,676
8,484,175
8,593,550
8,704,808
8,793,512
8,910,412
9,016,966
9,169,655
9,464,240
9,362,207
9,362,207
Adminstration Adminstration tools Registration cost Telephone line &Internet Installment Website cost
Accumulated Depreciation Tatal Asset Liability And Equity Equity
Total Equity
152
Table 5.14 Balance sheet year 2015 Meepo Studio Company Limited Balance sheet For the year ended December, 31 2015 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total Year 1
4,627,702
5,357,784
5,568,498
6,001,895 6,001,895
6,193,801
6,387,589 6,387,589
6,558,823
6,758,253
6,947,338
7,193,253
7,624,004 7,624,004
7,718,237
7,718,237
Land & Building
4,100,000
4,100,000
4,100,000
4,100,000 4,100,000
4,100,000
4,100,000 4,100,000
4,100,000
4,100,000
4,100,000
4,100,000
4,100,000 4,100,000
4,100,000
4,100,000
Equipment
1,419,227
1,419,227
1,419,227
1,419,227 1,419,227
1,419,227
1,419,227 1,419,227
1,419,227
1,419,227
1,419,227
1,419,227
1,419,227 1,419,227
1,419,227
1,419,227
Adminstration Adminstration tools Registration cost
549,164
549,164
549,164
549,164
549,164
549,164
549,164
549,164
549,164
549,164
549,164
549,164
549,164
44,500
44,500
44,500
44,500
44,500
44,500
44,500
44,500
44,500
44,500
44,500 44,500
44,500
44,500
1,099
1,099
1,099
1,099
1,099
1,099
1,099
1,099
1,099
1,099
1,099 1,099
1,099
1,099
16,759
16,759
16,759
16,759
16,759
16,759
16,759
16,759
16,759
16,759
16,759 16,759
16,759
16,759
Bill board
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600 1,600
1,600
1,600
Logo
1,200
1,200
1,200
1,200
1,200
1,200
1,200
1,200
1,200
1,200
1,200 1,200
1,200
1,200
-772,912
-791,184
-809,455
-827,726
-845,998
-864,269
-882,540
-900,812
-919,083
-937,355
-955,626
-973,897
-973,897
9,988,338
10,700,150
10,892,592
11,307,718
11,481,352
11,656,869
11,809,832
11,990,991
12,161,804
12,389,447
12,801,927
12,877,888
12,877,888
Owner' equity
6,133,549
6,133,549
6,133,549
6,133,549 6,133,549
6,133,549
6,133,549 6,133,549
6,133,549
6,133,549
6,133,549
6,133,549
6,133,549 6,133,549
6,133,549
6,133,549
Retain Earning
3,854,789
4,566,601
4,759,043
5,174,169 5,174,169
5,347,803
5,523,320 5,523,320
5,676,283
5,857,442
6,028,255
6,255,898
6,668,378 6,668,378
6,744,339
6,744,339
9,988,338
10,700,150
10,892,592
11,307,718
11,481,352
Current Asset Cash Fixed asset
Telephone line &Internet Installment Website cost
Accumulated Depreciation Tatal Asset Liability And Equity Equity
Total Equity
11,656,869
11,809,832
11,990,991
12,161,804
12,389,447
12,801,927
12,877,888
12,877,888
153
Table 5.15 Balance sheet year 2016 Meepo Studio Company Limited Balance sheet For the year ended December, 31 2016 Jan
Feb
Mar
Apr
May
Jun
8,628,135
9,616,642
9,898,242
10,486,361
10,747,893
11,011,055
Jul
Aug
Sep
Oct
Nov
Dec
Total Year 1
Current Asset Cash
11,277,290
11,546,598
11,885,647
12,212,144
12,797,190
13,096,881
13,096,881
Fixed asset
Land & Building
4,100,000
4,100,000
4,100,000
4,100,000
4,100,000
4,100,000
4,100,000
4,100,000
4,100,000
4,100,000
4,100,000
4,100,000
4,100,000
Equipment
1,419,227
1,419,227
1,419,227
1,419,227
1,419,227
1,419,227
1,419,227
1,419,227
1,419,227
1,419,227
1,419,227
1,419,227
1,419,227
549,164
549,164
549,164
549,164
549,164
549,164
549,164
549,164
549,164
549,164
549,164
549,164
549,164
44,500
44,500
44,500
44,500
44,500
44,500
44,500
44,500
44,500
44,500 44,500
44,500
44,500
44,500
Adminstration Adminstration tools Registration cost Telephone line &Internet Installment Website cost
1,099
1,099
1,099
1,099
1,099
1,099
1,099
1,099
1,099
1,099
1,099
1,099
1,099
16,759
16,759
16,759
16,759
16,759
16,759
16,759
16,759
16,759
16,759 16,759
16,759
16,759
16,759
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,200 1,000,241
1,200 1,026,585
1,200 1,052,929
1,200 1,079,273
1,200 1,105,617
1,200 1,131,961
1,200 1,158,305
1,200 1,184,649
1,200 1,210,993
1,200 1,237,337
1,200 1,263,681
1,200 1,290,025
1,200
13,761,443
14,723,606
14,978,862
15,540,637
15,775,824
Owner' equity
6,133,549
6,133,549
6,133,549
6,133,549
6,133,549
6,133,549
6,133,549
6,133,549
Retain Earning
7,627,894
8,590,057
8,845,313
9,407,088
9,642,275
9,879,093
10,118,984
10,361,948
13,761,443
14,723,606
14,978,862
Bill board Logo AccumulatedDepreciation Tatal Asset
16,012,642
16,252,533
16,495,497
16,808,203
17,108,356
17,667,057
17,940,404
-1,290,025 17,940,404
Liability And Equity Equity
Total Equity
15,540,637
15,775,824
16,012,642
16,252,533
16,495,497
6,133,549 10,674,654
16,808,203
6,133,549 10,974,807
17,108,356
6,133,549 11,533,508
17,667,057
6,133,549 11,806,855
17,940,404
6,133,549 6,133,549 11,806,855
17,940,404
154
Chapter 6 Risk Management
155
Chapter 6 6.1 Risk Management
Meepo studio is new studio business in Chiang Rai at this time. So, the studio will create two ways to analyze and manage the risk for the future business, these are internal factor and external factor to help Meepo studio to analysis risk management in Chiang Rai market. 6.1.1 External factor Economic change in Chiang Rai
This economic problem is a big problem in Thailand. Its affect to the customer population has decreased significantly. Investment in private is lower all over investment in country and foreign country, public spending that reduced because of lower revenues. So the people must be more carefully in spending its make the purchase are decrease (Eureka, 2008). That problem are risk that affect to decrease sales. According to the economic change in Thailand, there are not affected to Meepo studio directly, but the economic factor is the one of risk that the studio must to manage and prepare for it. So, the studio is managed the risk by giving promotions direct to the customers, which are vary packages, is giving our customers more chooses for their wanted and Meepo studio also creates the way to increase more income, field trip photograph and studio in the shop. It will attack the customer to come spending their money in out studio. However, the studio uses the right strategy to promote into the public with the best service from our employees. It can make the customer satisfy and create brand loyalty in Chiang Rai market. And it will be strength for our brand that will be difficult for new competitors to enter the Chiang Rai market.
Trend of customer change
Thai‟s family love family photo which taken by photo studio might not first thing that
they want, especially in case of depressed economy. However, it depends on their opinion. There is possibility that family photo is the priority concern for family like fulfilling the last jigsaw. Because people in Thailand perceive that graduation event is very important even their parent will come in this ceremony. Therefore, it is not a big deal for 2nd product line when comparing the quantity of students who graduated in each University and photography. The ratio is highly different (shown in chapter 3.1.1) According to the consumer behavior of photograph business in Thailand, There are many people who are giving important to photograph business especially field trip
156
photographer. Chiang Rai is the province that many people study in University, but the behavior of the consumers are always changed. There are very difficult to control or understand the trend of the consumers and the customer changed is one of essential risk that Meepo studio need to concern as an important factor. Moreover, there are a lot of competitors competitors in this business for example direct competitors and indirect competitors and it can be many choices for customer to choose. Meepo studio is considered the customer trend as a main risk that needs to manage, but we will manage by using a right package and design to the customers. We pay any attention to all details for example quality of the products, high quality supporting equipment, photographer expertise expertise and also service leading. Meepo studio will also do the marketing marketing by billboards, radio, brochures and so on. We also create the variety packages to respond the customer need and reach the customer‟s satisfaction. Trend of technology change
Technology trends, trend s, in this report focusing focusi ng on communication technology technolo gy trends. Communication reflects the potential for interactions within and among cultures, and thus can be seen as social change 43(gsociology, (gsociology, 2010). According to the technology trends issue, it can be changed the society. So, technology issue is one of the most important factors that affect to the studio business directly especially Meepo studio because when doing business with technology, the company needs to have a standard technology as competitor. For example technology supporting equipment, including cameras, flash, high quality printer and high quality printer paper also, these will create competitive advantage between our company and competitors. So, when the new innovations come up, the studio needs to respond and create new things for the customers. Meepo studio always needs to keep in touch with new information and the competitors‟ movement. Then, the studio must to develop or adapt into new
technology to create higher competition to the competitors in this market. It can help the company to establish a loyalty brand to Chiang Rai people.
43
http://gsociology.icaap.org/report/tech1sum.html
157
Accident factor
A traffic collision (motor vehicle collision, motor vehicle accident, car accident, or car crash) occurs when a road vehicle collides with another vehicle, pedestrian, animal, road debris, or other geographical or architectural obstacle. Traffic collisions can result in injury, property damage, and death. For the Meepo studio case, the studio provides a car for the field trip customers. In case of Meepo studio‟s workers get any accidents, the studio provides standard insurance
example car insurance and social security insurance included. So, the insurance will provide a primary need for our workers. These are the strategy that makes sure the studio cares about our workers.
6.1.2 Internal factor Insurance
Fire insurance – If there has a fire occur at Meepo studio, it may occur by the employees in accident. We already have fire insurance to protect this situation. The insurance will cover the entire fire situation but covers things that are only in the building. The insurance company will come after the situation and estimate the value of the broken things by the fire into a numbers of money. The total of payment of the fire insurance is 12,247.22 Baht per year which is worth to the safety, protect the primary unwanted situation, and heal the Meepo studio quickly (by cost of insurance) when the real situation was happen. Car insurance 44 – as we have the car for transportation and service, therefore we already have registered the car insurance to cover the accident that will occur to our car. We registered to the “social security insurance” which the insurance will cover 100,00 Baht. In case of accident situation the company will pay for the AID expense which is primary expense for hospital payment. Social security insurance will pay after the happened accident and estimate value of the broken part, but not higher than 100,000 Baht, then the insurance company will change that broken part for a new one and send the car back to us. The total payment of the car insurance is 8,900 Baht per years which is worth when prepare with the unwanted situation that may occur.
44
http://www.insurethai.com/app_insure1.html
158
Social insurance 45 – for workers, we have protect them by give them register social insurance to cover all the unwanted expense s they have to pay such as health, accident and childbirth. By registered the social insurance the workers can reduce the payment for their cure. It also cover the money for other unwanted situation and other expense for the worker such as cripple, death, have child, old, and out of work. By the rank of payment will vary in each situation and the regulation also varies and depends on each situation. This social insurance can help workers for the initial and basic unwanted things which may happen to them. Absence of working
In someday, they are going to have the situation which is the employee (especially the photographer) absence of work which will make the pro cess of service stop and cannot make the money. There won‟t be the problem here, because, we already have a short plan for this
situation by use the other photographer in the Meepo studio (there are 3 photographers in the Meepo studio) instead of the missing employee because their skill is quite equal, hence, the service won‟t be stop when someone is missing.
45
http://www.sso.go.th/wpr/home.jsp
159
6.2 Financial Risk
Sale Decreases 10 % Sale Revenue
Net Income
2012 is 2,363,562 Baht
2012is 706,146 Baht
2013 is 4,487,904 Baht
2013 is 482,649 Baht
2014 is 6,605,541 Baht
2014 is 1,845,867 Baht
2015 is 8,767,953 Baht
2015 is 2,960,913 Baht
2016 is 11,015,595 Baht
2016 is 4,364,689 Baht
IRR
=
27.327%
NPV
=
5,284,512
PB
=
2.084 or 2 years, 1 month and 2 days
Sale Decreases 20%
Sale Revenue
Net Income
2012 is 2,100,944 Baht
2012 is minus 1,068,806 Baht
2013 is 3,989,248 Baht
2013 is 177,769
Baht
2014 is 5,871,592 Baht
2014 is 1,405,067
Baht
2015 is 7,793,736 Baht
2015 is 2,406,145
Baht
2016 is 9,791,640 Baht
2016 is 3,666,862
Baht
IRR
=
19.006%
NPV
=
2928628.67
PB
=
2.618336246 or 2 years, 7 months and 16 days
Remark: If sale decreases 20%, net income at the first year that is 2012 will be negative 1,068,806 Baht.
160
Cost Increases 10%
Sale Revenue
Net Income
2012 is 2,626,180 Baht
2012 is minus 816,608 Baht
2013 is 4,986,560 Baht
2013 is 695,824
2014 is 7,339,490 Baht
2014 is 2,203,657 Baht
2015 is 9,742,170 Baht
2015 is 3,434,914 Baht
2016 is 12,239,550Baht
2016 is 5,028,286 Baht
IRR
=
30.587%
NPV
=
6,388,032.30
PB
=
1.8971 or 1 year, 10 months and 27 days
Baht
Remark: If cost increases 10%, net income at the first year that is 2012 will be negative 1,068,806 Baht.
Cost Increases 20%
Sale Revenue
Net Income
2012 is 2,626,180 Baht
2012 is minus 927,071 Baht
2013 is 4,986,560 Baht
2013 is 609,960 Baht
2014 is 7,339,490 Baht
2014 is 2,120,648 Baht
2015 is 9,742,170 Baht
2015 is 3,354,146 Baht
2016 is 12,239,550 Baht
2016 is 4,994,056 Baht
IRR
=
26.368%
NPV
=
5,165,446.24
PB
=
2.0947 or 2 years, 1 month and 5 days
Remark: If cost increases 20%, net income at the first year that is 2012 will be negative 927,071 Baht.
161
Sale Decreases 10% and Cost Increases 10%
Sale Revenue
Net Income
2012 is 2,363,562 Baht
2012 is minus 997,938 Baht
2013 is 4,487,904 Baht
2013 is 394,432
2014 is 6,605,541 Baht
2014 is 1,762,858 Baht
2015 is 8,767,953 Baht
2015 is 2,880,145 Baht
2016 is 11,015,595 Baht
2016 is 4,330,459 Baht
IRR
=
23.093%
NPV
=
4115939.09
PB
=
2.313 2 or 3 years, 1 month and 24 days
Baht
Remark: If sale decreases 10% and cost increases 10%, net income at the first year that is 2012 will be negative 997,938 Baht.
Sale Decreases 10% and Cost Increases 20%
Sale Revenue
Net Income
2012 is 2,363,562 Baht
2012 is minus 1,108,401Baht
2013 is 4,487,904 Baht
2013 is 305,831 Baht
2014 is 6,605,541 Baht
2014 is 1,679,848 Baht
2015 is 8,767,953 Baht
2015 is 2,795,834 Baht
2016 is 11,015,595 Baht
2016 is 4,296,229 Baht
IRR
=
18.733%
NPV
=
2,947,363.01
PB
=
2.598 or 2 years, 7 months and 8 days
Remark: If sale decreases 10% and cost increases 20%, net income at the first year that is 2012 will be negative 1,108,401 Baht.
162
Sale Decreases 20% and Cost Increases 10%
Sale Revenue
Net Income
2012 is 2,100,944 Baht
2012 is minus 1,186,239Baht
2013 is 3,989,248 Baht
2013 is 85,513
2014 is 5,871,592 Baht
2014 is 1,322,058 Baht
2015 is 7,793,736 Baht
2015 is 2,294,359 Baht
2016 is 9,791,640 Baht
2016 is 3,632,632 Baht
IRR
=
14.501%
NPV =
1,792,558.92
PB
2.9782 or 2 years, 11 months and 27 days
=
Baht
Remark: If sale decreases 20% and cost increases 10%, net income at the first year that is 2012 will be negative 1,186,239 Baht.
Sale Decreases 20% and Cost Increases 20%
Sale Revenue
Net Income
2012 is 2,100,944 Baht
2012 is minus 1,306,486 Baht
2013 is 3,989,248 Baht
2013 is minus 13,411 Baht
2014 is 5,871,592 Baht
2014 is 1,239,049 Baht
2015 is 7,793,736 Baht
2015 is 2,210,716 Baht
2016 is 9,791,640 Baht
2016 is 3,598,402 Baht
IRR
=
9.9891%
NPV
=
699,499.64
PB
=
3.431 or 3 years, 5 months and 7 days
Remark: If sale decreases 20% and cost increases 20%, net income at the first year that is 2012 will be negative 1,186,239 Baht. Then 2013 is also minus13, 411 Baht.
6.3 Conclusion of Risk Management
Meepo studio analyze the risk that may be happened in Chiang Rai market to forecasting the risk that can affect the security of company and find the best way to managing risk that we meet for run the business well and stable in the future. At last the point Company have only two results that company will getting loss income or success in target planning. Meepo Studio has two main risk factors that are internal risk factor and external risk factor. In internal risk factor Meepo Studio analyze in case of insurance risk absent working risk and lacking of photographer there are risk that often occur in organization and the company can control. In external risk factor Meepo Studio analyze in case of change of economic in Chiang Rai, trend of customer, trend of technology, and accident factor all of them are risk that hard to prediction and the company can‟t control, but the company have a
plan for short term problem and have a good team to management for risk, so the internal and external risk can‟t effect the company operating a lot because the market of studio are relatively stable, all of reason that running the business are trends of humanity. The last are financial risk, all of financial risk effect the company directly such as reduce in sale effect to the company‟s income reducing too and increase in cost effect to take a long time for the company‟s payback period. All of risk management that we forecast effect the company some
in a lot and some in a little, but the company still run business well and still have a high profit return in the long term period.
Chapter 7 Summary
Chapter 7 7.1 Summary
Meepo Studio is the studio for take a photo for everyone who wants to have a great picture they ever have by the latest technology of ink and papers, also the greatest of services we serve the customers will get want they want exactly We set up Meepo Studio in Chiang Rai province because we see that in Chiang Rai province have not a strong competitors as same as big province such as Chiang Mai and Bangkok which has many big and strong competitors, it is difficult to drive into the market in compete with the initial competitor addition the resource which we cannot fight and any reasons. Also, in Chiang Rai, do not have the real competitors who will be the main choices for the customers in Chiang Rai and do not have the initial competitors. Almost competitors in Chiang Rai are new competitors which not have built the strong brand yet. So it is the good chance for Meepo Studio the set up the new brand to attract the people in Chiang rai province which is take a long time and many efforts to do. And now Chiang Rai is developing, see by Central Plaza is building and opening soon in Chiang Rai. Many investors is coming and buying many land in Chiang Rai for the future development. Now a day the land cost of Chiang Rai is increase, the populations are increasing and the famous of Mae Fah Laung University also has an effect to attract many people to come to Chiang Rai. All the reason makes the Chiang Rai province to be attracted. In the price which is acceptable, our price is in the medium rank which most of people can buy our products and services, we set in this rank of price because to compete with the competitor by the nearly price but have a greater quality and can hold the big group of customers and and available for outside outside photograph. The outside outside photograph is meaning meaning us available the services for take photos in the place the customers fixed by the way we now available only the wedding ceremony and graduation ceremony. In wedding ceremony, we available only the province is in the northern, another province out of this we not serve. The graduation ceremony is available for whole Thailand, which is the date is fixed for each university. It is not the same day, so we can serve many customers who graduate in bachelor degree in each university. Meepo Studio want to be the one in serving service in Chiang Rai province because we wall to build the brand and get the profits in long term, so Meepo Studio have to pay many effort in serving the best service such as the services start from beginning until the after sale
service, we will pay the most attention to the service. Although, we trying hard to serving the best service, be also pay attention to the innovation of technology for printing by we will using the latest technology of the ink and papers which we will change every 5 years to make sure the customers will get the best pictures and best service that they ever get. g et. Also we care about the security of customers and customers by we get the insurance for cover the fire accident in the workplace which is cover all the fire accident and when real fire accident happen, the insurance company will pay the money immediately, the cover the accident on the road which as similar as the fire insurance which when the accidents happen, the insurance company will come and estimate the cost of broken car by that accident and then pay to money for cover all the cost, the social insurance which is can help and protects our employee to reduce payment in their everyday life and protect some problem that may occur to the employee such as the accident in the work place, and, the plan when our employee stop working, we have set up the plan to protect the situation which can make our service stopped by when someone is stop working, other employee can do the job instead of employee who absent the work. Finally, Meepo Studio will try to serve the best service and greater products almost for the people in Chiang Rai province. But the real r eal value which Meopo Studio will make is to build Meepo brand which is the thing that is the most valuable when doing the long term business, it will be the best thing to protect our company from the incoming competitor and other competitor. But the brand is also the most difficult thing to build up, so we will try hard to make it real in the impossible ways.
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Appendix
Sale decrease by 10% Meepo studio Company Limited Income Statement For the year ended December, 31 2012 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
Revenues Sales Less: Cost of goods sold Gross margin
359,640
367,542
146,763
228,726
119,763
114,363
119,763
125,163
114,363
149,616
223,326
294,534
69,415
69,673
29,159
42,838
21,959
20,519
21,959
23,399
20,519
27,914
41,398
56,065
2,363,562 444,818
290,225
297,869
117,604
185,888
97,804
93,844
97,804
101,764
93,844
121,702
181,928
238,469
1,918,744
27,976
27,503
13,784
17,248
9,484
8,624
9,484
10,344
8,624
11,974
16,388
22,136
183,571
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
48,000
Marketing expense Sale commission Radio local Brochure Plate/ Poster/ Vinyl Website Total marketing expense
36,000
1,000
36,000
72,000
16,759
16,759
84,985
31,503
17,784
21,498
13,484
12,624
49,734
14,344
12,624
16,224
20,388
26,136
321,330
Operating expense & Administrative expense Salaries
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
752,400
Social security insurance
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
79,200
Office supplies
6,719
Utility expense
4,007
3,487
3,677
3,857
43,369
Fire insurance
12,247
Automobile Insurance Administrative Administrative depreciation
6,719 4,117
3,467
3,687
3,417
6,719 3,407
3,417
3,427
3,407
20,157 12,247
8,900 26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
316,128
Total administrative administrative expense
127,517
99,761
99,111
99,331
105,780
99,051 99,051
99,061
99,071
105,770
99,131 99,131
99,321
99,501
1,232,401
Operating, Marketing and Administrative Administrative expense
212,502
131,263
116,895
120,829
119,264
111,675
148,795
113,415
118,394
115,355
119,709
125,636
1,553,731
77,723
166,606
709
65,059
-21,460
-17,831
-50,991
-11,651
-24,550
6,347
62,219
112,833
365,013 365,013
40,834
40,834
40,834
40,834
40,834
40,834
40,834
40,834
40,834
40,834
40,834
740,834
1,190,008
After interest income
36,889
125,772
-40,125
24,225
-62,294
-58,665
-91,825
-52,485
-65,384
-34,487
21,385
-628,001
-824,995
Income tax (30 %)
11,067
37,732
25,822
88,040
-628,001
-887,476
Earning before interest and tax Interest and loan expense
Net income
7,267 -40,125
16,957
6,415 -62,294
-58,665
-91,825
-52,485
-65,384
-34,487
14,969
62,481
Meepo studio Company Limited Income Statement For the year ended December, 31 2013 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
Revenues Sales
675,729
696,474
255,726
441,252
228,726
223,326
228,726
234,126
223,326
271,422
441,603
567,468
Less: Cost of goods sold
128,273
131,806
49,138
82,256
41,938
40,498
41,938
43,378
40,498
51,170
82,194
107,269
4,487,904 840,357
Gross margin
547,457
564,668
206,588
358,996
186,788
182,828
186,788
190,748
182,828
220,253
359,409
460,199
3,647,547
49,549
49,932
21,548
31,917
17,248
16,388
17,248
18,108
16,388
20,595
31,440
40,831
331,194
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
48,000
Marketing expense Sale commission Radio local Brochure Plate/ Poster/ Vinyl Website Total marketing expense
36,000
1,000
36,000
72,000
500
500
90,299
53,932
25,548
36,167
21,248
20,388
57,498
22,108
20,388
24,845
35,440
44,831
452,694
Operating expense & Administrative expense Salaries
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
752,400
Social security insurance
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
79,200
Office supplies
6,719
Utility expense
32,967
3,727
4,227
4,547
94,979
Fire insurance
12,247
Automobile Insurance Administrative Administrative depreciation
6,719 4,867
3,737
4,217
3,687
6,719 3,677
3,687
21,967
3,677
20,157 12,247
8,900 18,271
8,900 18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
219,256
Total administrative administrative expense
148,404
92,438
91,308
91,788
97,977
91,248
91,258
109,538
97,967
91,298
91,798
92,118
1,187,140
Operating, Marketing and Administrative Administrative expense
238,703
146,370
116,856
127,955
119,225
111,636
148,756
131,646
118,355
116,143
127,238
136,949
1,639,834
Earning before interest and tax
308,753
418,299
89,731
231,041
67,562
71,191
38,031
59,101
64,472
104,110
232,171
323,250
2,007,713
36,750
36,750
36,750
36,750
36,750
36,750
36,750
36,750
36,750
36,750
36,750
736,750
1,141,000
After interest income
272,003
381,549
52,981
194,291
30,812
34,441
1,281
22,351
27,722
67,360
195,421
-413,500
Income tax (30 %)
81,601
114,465
15,894
58,287
9,244
10,332
384
6,705
8,317
20,208
58,626
190,402
267,084
37,087
136,004
21,569
24,109
897
15,646
19,406
47,152
136,794
Interest and loan expense
Net income
866,713 866,713 384,064
-413,500
482,649
Meepo studio Company Limited Income Statement For the year ended December, 31 2014 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct Oct
Sales
978,867
1,040,085
Less: Cost of goods sold
185,370
195,516
Gross margin
793,497
Nov
Dec
Total
364,689
646,578
337,689
332,289
337,689
343,089
332,289
403,497
641,178
847,602
6,605,541
69,117
121,293
61,917
60,477
61,917
63,357
60,477
75,144
119,853
158,855
1,233,295
844,569
295,572
525,285
275,772
271,812
275,772
279,732
271,812
328,353
521,325
688,747
5,372,246
45,049
46,432
17,048
29,417
15,248
14,888
15,248
15,608
14,888
18,095
29,440
37,831
299,194
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
48,000
Revenues
Marketing expense Sale commission Radio local Brochure Plate/ Poster/ Vinyl Website Total marketing expense
36,000
1,000
36,000
72,000
500
500
85,799
50,432
21,048
33,667
19,248
18,888
55,498
19,608
18,888
22,345
33,440
41,831
420,694
Operating expense & Administrative expense Salaries
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
752,400
Social security insurance
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
79,200
Office supplies
6,719
Utility expense
5,567
4,127
4,737
5,237
53,909
Fire insurance
12,247
Automobile Insurance Administrative Administrative depreciation
6,719 5,717
4,007
4,747
3,957
6,719 3,947
3,957
3,967
3,947
20,157 12,247
8,900 18,271
8,900 18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
219,256
Total administrative administrative expense
121,004
93,288
91,578
92,318
98,247
91,518
91,528
91,538
98,237
91,698
92,308
92,808
1,146,070
Operating, Marketing and Administrative Administrative expense
206,803
143,720
112,626
125,985
117,495
110,406
147,026
111,146
117,125
114,043
125,748
134,639
1,566,764
Earning before interest and tax
586,694
700,849
182,945
399,300
158,276
161,405
128,745
168,585
154,686
214,311
395,577
554,107
3,805,482
32,667
32,667
32,667
32,667
32,667
32,667
32,667
32,667
32,667
32,667
32,667
732,667
1,092,004
After interest income
554,027
668,182
150,278
366,633
125,609
128,738
96,078
135,918
122,019
181,644
362,910
-178,560
2,713,478
Income tax (30 %)
166,208
200,455
45,083
109,990
37,683
38,621
28,823
40,775
36,606
54,493
108,873
387,819
467,728
105,195
256,643
87,927
90,117
67,255
95,143
85,414
127,150
254,037
-178,560
1,845,867
Interest and loan expense
Net income
867,611
Meepo studio Company Limited Income Statement For the year ended December, 31 2015 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct Oct
1,300,707
1,369,017
245,606
257,649
1,055,102
Nov
Dec
478,062
859,104
451,062
445,662
451,062
456,462
445,662
89,954
160,711
82,754
81,314
82,754
84,194
81,314
1,111,368
388,108
698,393
368,308
364,348
368,308
372,268
86,714
91,268
31,871
57,274
30,071
29,711
30,071
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
Total
536,913
853,704
1,120,536
8,767,953
99,638
159,271
210,060
1,635,220
364,348
437,275
694,433
910,476
7,132,733
30,431
29,711
35,794
56,914
74,702
584,530
4,000
4,000
4,000 250
4,000
4,000
48,000
Revenues Sales Less: Cost of goods sold Gross margin Marketing expense Sale commission Radio local Brochure Plate/ Poster/ Vinyl Website Total marketing expense
36,000
1,000
36,000
72,000
500
500
127,464
95,268
35,871
61,524
34,071
33,711
70,321
34,431
33,711
40,044
60,914
78,702
706,030
Operating expense & Administrative expense Salaries
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
752,400
Social security insurance
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
79,200
Office supplies
6,719
Utility expense
6,377
4,457
5,267
8,266
61,659
Fire insurance
12,247
Automobile Insurance Administrative Administrative depreciation
6,719 6,557
4,287
5,277
4,237
6,719 4,227
4,237
4,247
4,227
20,157 12,247
8,900 18,271
8,900 18,271 18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
219,256
Total administrative administrative expense
121,814
94,128
91,858
92,848
98,527
91,798
91,808
91,818
98,517
92,028
92,838
95,837
1,153,819
Operating, Marketing and Administrative Administrative expense
249,278
189,396
127,729
154,372
132,598 132,598
125,509
162,129
126,249 126,249
132,228
132,072
153,752 153,752
174,540
1,859,850
Earning before interest and tax
805,823
921,972
260,379
544,021
235,710
238,839
206,179
246,019
232,120
305,203
540,681
735,936
5,272,883
28,584
28,584
28,584
28,584
28,584
28,584
28,584
28,584
28,584
28,584
28,584
728,584
1,043,008
After interest income
777,239
893,388
231,795
515,437
207,126
210,255
177,595
217,435
203,536
276,619
512,097
7,352
4,229,875
Income tax (30 %)
233,172
268,016
69,539
154,631
62,138
63,077
53,279
65,231
61,061
82,986
153,629
2,206
1,268,963
544,068
625,372
162,257
360,806
144,988
147,179
124,317
152,205
142,475
193,633
358,468
5,147
2,960,913
Interest and loan expense
Net income
Meepo studio Company Limited Income Statement For the year ended December, 31 2016 Jan
Feb
Mar
Apr
1,616,796 304,463
May
Jun
Jul
Aug
1,709,559
587,025
1,072,971
560,025
554,625
560,025
565,425
321,022
109,933
200,650
102,733
101,293
102,733
104,173
1,312,333
1,388,537
477,092
872,321
457,292
453,332
457,292
461,252
107,786
113,971
39,135
71,531
37,335
36,975
37,335
4,000 250
4,000 250
4,000 250
4,000 250
4,000 250
4,000 250
4,000 250
36,000
36,000
36,000
36,000
36,000
36,000
36,000
Sep
Oct
Nov
Dec
Total
670,725
657,378
1,067,571
1,393,470
11,015,595
113,686
122,373
199,210
261,265
2,043,534
557,039
535,005
868,361
1,132,205
8,972,061
37,695
44,715
43,825
71,171
92,898
734,373
4,000 250
4,000 250
4,000 250
4,000 250
4,000 250
48,000
36,000
36,000
36,000
36,000
36,000
432,000
Revenues Sales Less: Cost of goods sold Gross margin Marketing expense Sale commission Radio local Brochure Plate/ Poster/ Vinyl Website Total marketing expense
3,000
500
500
500
500
500
500
500
500
500
500
500
500
6,000
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
489,000 489,000
Operating expense & Administrative expense Salaries
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
752,400
Social security insurance
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
79,200
Office supplies
6,719
Utility expense
7,167
4,767
5,807
6,617
64,759
Fire insurance
12,247
Automobile Insurance Administrative Administrative depreciation
6,719 7,407
4,557
5,817
4,507
6,719 4,497
4,507
4,517
4,597
20,157 12,247
8,900 26,344
8,900 26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344 26,344
316,128 316,128
Total administrative administrative expense
130,677
103,051
100,201
101,461
106,870
100,141
100,151
100,161
106,960
100,411
101,451
102,261
1,253,791
Operating, Marketing and Administrative Administrative expense
171,427
143,801
140,951
142,211
147,620
140,891
140,901 140,901
140,911
147,710
141,161
142,201
143,011
1,742,791
1,140,906
1,244,737
336,141
730,111
309,672
312,441
316,391
320,341
409,329
393,844
726,161
989,195
7,229,270
24,500
24,500
24,500
24,500
24,500
24,500
24,500
24,500
24,500
24,500
24,500
724,500
994,000
1,116,406
1,220,237
311,641
705,611
285,172
287,941
291,891
295,841
384,829
369,344
701,661 701,661
264,695 264,695
6,235,270
Earning before interest and tax Interest and loan expense After interest income Income tax (30 %) Net income
334,922
366,071
93,492
211,683
85,552
86,382
87,567
88,752
115,449
110,803
210,498
79,408
1,870,581
781,484
854,166
218,149
493,928
199,621
201,559
204,324
207,089
269,380
258,541
491,163
185,286
4,364,689
Meepo Studio Company Limited Statement Of Cash Flow For the year ended December, 31 2012 2012
Before operating
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
359,640
367,542
146,763
228,726
119,763
114,363
119,763
125,163
114,363
149,616
223,326
294,534
2,363,562
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
316,128
385,984
393,886
173,107
255,070
146,107
140,707
146,107
151,507
140,707
175,960
249,670
320,878
2,679,690
Cash flow from operating activity Cash inflow
Cash received on sales Adjust depreciation Total cash inflow from operating activities Cash outflow
Cost of goods sold
69,415
69,673
29,159
42,838
21,959
20,519
21,959
23,399
20,519
27,914
41,398
56,065
444,818
Marketing expense
84,985
31,503
17,784
21,498
13,484
12,624
49,734
14,344
12,624
16,224
20,388
26,136
321,330
127,517
99,761
99,111
99,331
105,780
99,051
99,061
99,071
105,770
99,131
99,321
99,501
1,232,401
11,067 292,984
37,732 238,668
0 146,054
7,267 170,935
0 141,223
0 132,194
0 170,754
0 136,814
0 138,913
0 143,269
6,415 167,523
0 181,701
62,481 2,061,030
93,000
155,218
27,053
84,135
4,884
8,513
-24,647
14,693
1,794
32,691
82,147
139,177
4,740,720
-40,834
-40,834
-40,834
-40,834
-40,834
-40,834
-40,834
-40,834
-40,834
-40,834
-40,834
-740,834
-1,190,008
Administrative Administrative expense Cash paid for income tax Total cash outflow from operating activities Net cash flow from operating activities Cash flow from investing activity Cash inflow
Land & Building
4,100,000
Equipment
1,419,227
Adminstration tools Registration cost Telephone line &Internet Installment Website cost Bill board Logo Net cash flow from investing activities
549,164 44,500 1,099 16,759 1,600 1,200 6,133,549
Cash flow from financing activity Cash inflow
Cash loan
7,000,000
Cash outflow
Repayment for interest and principle
loan Net cash flow from financing activities Net Cash
Net increase/decrease increase/decrease in cash
866,451
Beginning cash Ending cash
866,451
93,000
155,218
27,053
84,135
4,884
8,513
-24,647
14,693
1,794
32,691
82,147
139,177
866,451
918,617
1,033,002
1,019,221
1,062,522
1,026,572
994,251
928,770
902,630
863,590
855,446
896,760
618,660 0
918,617
1,033,002
1,019,221
1,062,522
1,026,572
994,251
928,770
902,630
863,590
855,446
896,760
295,103
295,103
Meepo Studio Company Limited Statement Of Cash Flow For the year ended December, 31 2013 2013
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
675,729
696,474
255,726
441,252
228,726
223,326
228,726
234,126 234,126
223,326
271,422
441,603
567,468 567,468
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
219,256
694,000
714,745
273,997
459,523
246,997
241,597
246,997
252,397
241,597
289,693
459,874
585,739
4,707,160
Cost of goods sold
128,273
131,806
49,138
82,256
41,938
40,498
41,938
43,378
40,498
51,170
82,194
107,269
840,357
Marketing expense
90,299
53,932
25,548
36,167
21,248
20,388
57,498
22,108
20,388
24,845
35,440
44,831
452,694 1,187,140
Cash flow from operating activity Cash inflow
Cash received on sales Adjust depreciation Total cash inflow from operating activities
4,487,904
Cash outflow
Administrative Administrative expense
148,404
92,438
91,308
91,788
97,977
91,248 91,248
91,258 91,258
109,538
97,967
91,298
91,798 91,798
92,118 92,118
Cash paid for income tax
99,850
133,287
22,781
70,254
15,470
16,427
6,611
13,064
14,411
27,550
70,606
0
490,309
-466,825
- 411,462
-188,775
-280,465
- 176,634
-168,561
-197,305
-188,088
-173,265
-194,862
-280,039
-244,218
- 2,970,500
227,175
303,283
85,222
179,058
70,364
73,036
49,692
64,309
68,333
94,831
179,835
341,521
1,736,661
-36,750
-36,750
-36,750
-36,750
-36,750
-36,750
-36,750
-36,750
-36,750
-36,750
-36,750
-736,750
-1,141,000
Total cash outflow from operating activities Net cash flow from operating activities Cash flow from investing activity Cash inflow
Land & Building Equipment Adminstration tools Registration cost Telephone line &Internet Installment Website cost Bill board Logo Net cash flow from investing activities Cash flow from financing activity Cash inflow
Cash loan Cash outflow
Repayment for interest and principle loan Net cash flow from financing activities
Net Cash
Net increase/decrease increase/decrease in cash
227,175
303,283
85,222
179,058
70,364
73,036
49,692
64,309
68,333
94,831
179,835
341,521
1,736,661
Beginning cash
295,103
485,528
752,061
800,533
942,842
976,455
1,012,741
1,025,684
1,053,243
1,084,826
1,142,907
1,285,992
295,103
Ending cash
485,528
752,061
800,533
942,842
976,455
1,012,741
1,025,684
1,053,243
1,084,826
1,142,907
1,285,992
890,763
890,763 890,763
Meepo Studio Company Limited Statement Of Cash Flow For the year ended December, 31 2014 2014
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
978,867
1,040,085
364,689
646,578
337,689
332,289
337,689
343,089
332,289
403,497
641,178
847,602
6,605,541
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
219,256
997,138
1,058,356 1,058,356
382,960
664,849
355,960
350,560
355,960
361,360
350,560
421,768
659,449
865,873
6,824,797
Cost of goods sold
185,370
195,516
69,117
121,293
61,917
60,477
61,917
63,357
60,477
75,144
119,853
158,855
1,233,295
Marketing expense
85,799
50,432
21,048
33,667
19,248
18,888
55,498
19,608
18,888
22,345
33,440
41,831
420,694
121,004
93,288
91,578
92,318
98,247
91,518
91,528
91,538
98,237
91,698
92,308
92,808
1,146,070
Cash flow from operating activity Cash inflow
Cash received on sales Adjust depreciation Total cash inflow from operating activities Cash outflow
Administrative Administrative expense Cash paid for income tax Total cash outflow from operating activities Net cash flow from operating activities
192,658
228,607
54,936
127,499
46,875
47,682
38,016
50,100
45,666
65,438
126,250
0
1,023,728
-584,831
-567,843
-236,680
-374,777
-226,288
-218,566
-246,960
-224,604
-223,269
-254,625
-371,852
-293,495
- 3,823,787
412,307
490,514
146,281
290,072
129,673
131,995
109,001 109,001
136,757
127,292
167,144
287,598
572,379 572,379
3,001,010
-32,667
-32,667
-32,667
-32,667
-32,667
-32,667
-32,667
-32,667
-32,667
-32,667
-32,667
-732,667
-1,092,004
Cash flow from investing activity Cash inflow
Land & Building Equipment Adminstration tools Registration cost Telephone line &Internet Installment Website cost Bill board Logo Net cash flow from investing activities Cash flow from financing activity Cash inflow
Cash loan Cash outflow
Repayment for interest and principle loan Net cash flow from financing activities
Net Cash
Net increase/decrease increase/decrease in cash
412,307
490,514
146,281
290,072
129,673
131,995
109,001
136,757
127,292
167,144
287,598
Beginning cash
890,763
1,270,403
1,728,250
1,841,864
2,099,269
2,196,275
2,295,602
2,371,936
2,476,026
2,570,651
2,705,127
2,960,058
890,763
1,270,403
1,728,250
1,841,864
2,099,269
2,196,275
2,295,602
2,371,936
2,476,026
2,570,651
2,705,127
2,960,058
2,799,770
2,799,770
Ending cash
572,379
3,001,010
Meepo Studio Company Limited Statement Of Cash Flow For the year ended December, 31 2015 2015
Jan
Feb
Mar
Apr
May
Jun
Jul
1,300,707
1,369,017
478,062
859,104
451,062
445,662 445,662
451,062
18,271
18,271
18,271
18,271
18,271
18,271
18,271
1,318,978
1,387,288
496,333
877,375
469,333
463,933 463,933
469,333
Aug
Sep
Oct
Nov
Dec
Total
456,462
445,662 445,662
536,913
853,704
1,120,536
18,271
18,271
18,271
18,271
18,271
219,256
474,733
463,933 463,933
555,184
871,975
1,138,807
8,987,209 1,635,220
Cash flow from operating activity Cash inflow
Cash received on sales Adjust depreciation Total cash inflow from operating activities
8,767,953
Cash outflow
Cost of goods sold
245,606
257,649
89,954
160,711
82,754
81,314
82,754
84,194
81,314
99,638
159,271
210,060
Marketing expense
127,464
95,268
35,871
61,524
34,071
33,711
70,321
34,431
33,711
40,044
60,914
78,702
706,030
Administrative Administrative expense
121,814
94,128
91,858
92,848
98,527
91,798
91,808
91,818
98,517
92,028
92,838
95,837
1,153,819
Cash paid for income tax Total cash outflow from operating activities Net cash flow from operating activities
268,342
305,062
82,475
177,911
74,415
75,221
65,555
77,639
73,206
97,561
176,777
32,555
1,506,720
-763,226
-752,107
-300,158
-492,994
-289,767
-282,044
-310,438
-288,082
-286,748
-329,272
-489,800
-417,155
- 5,001,790
555,753
635,181
196,175 196,175
384,382
179,567 179,567
181,889
158,895
186,651
177,186
225,913 225,913
382,176
721,653
13,988,999
-28,584
-28,584
-28,584
-28,584
-28,584
-28,584
-28,584
-28,584
-28,584
-28,584
-28,584
-728,584
-1,043,008
Cash flow from investing activity Cash inflow
Land & Building Equipment Adminstration tools Registration cost Telephone line &Internet Installment Website cost Bill board Logo Net cash flow from investing activities Cash flow from financing activity Cash inflow
Cash loan Cash outflow
Repayment for interest and principle loan Net cash flow from financing activities
Net Cash
Net increase/decrease increase/decrease in cash
555,753
635,181
196,175
384,382
179,567
181,889
158,895
186,651
177,186
225,913
382,176
721,653
3,985,419
Beginning cash
2,799,770
3,326,939
3,933,536
4,101,127
4,456,925
4,607,907
4,761,213
4,891,524
5,049,591
5,198,192
5,395,521
5,749,113 5,749,113
2,799,770
Ending cash
3,326,939
3,933,536
4,101,127
4,456,925
4,607,907
4,761,213
4,891,524
5,049,591
5,198,192
5,395,521
5,749,113
5,742,181 5,742,181
5,742,181
Meepo Studio Company Limited Statement Of Cash Flow For the year ended December, 31 2016 2016
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
1,616,796
1,709,559
587,025
1,072,971
560,025
554,625
560,025
565,425
670,725
657,378
1,067,571
1,393,470
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
316,128
1,643,140
1,735,903
613,369
1,099,315
586,369
580,969
586,369
591,769
697,069
683,722
1,093,915
1,419,814
11,331,723
Cost of goods sold
304,463
321,022
109,933
200,650
102,733
101,293
102,733
104,173
113,686
122,373
199,210
261,265
2,043,534
Marketing expense
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
489,000
130,677
103,051
100,201
101,461
106,870
100,141
100,151
100,161
106,960
100,411
101,451
102,261
1,253,791
Cash flow from operating activity Cash inflow
Cash received on sales Adjust depreciation Total cash inflow from operating activities
11,015,595
Cash outflow
Administrative Administrative expense Cash paid for income tax Total cash outflow from operating activities Net cash flow from operating activities
378,666
412,356
109,395
240,761
100,795
101,493
102,810
104,127
134,017
128,637
239,444
117,149
2,169,650 2,169,650
-854,556
-877,178
-360,279
-583,621
-351,148
-343,677
- 346,444
-349,211
-395,413
-392,170
-580,854
-521,424
-5,955,975
788,584
858,725
253,090
515,694
235,221
237,292
239,925
242,558
301,656
291,552
513,061
898,390
5,375,748
-24,500
-24,500
-24,500
-24,500
-24,500
-24,500
-24,500
-24,500
-24,500
-24,500
-24,500
-724,500
-994,000
Cash flow from investing activity Cash inflow
Land & Building Equipment Adminstration tools Registration cost Telephone line &Internet Installment Website cost Bill board Logo Net cash flow from investing activities Cash flow from financing activity Cash inflow
Cash loan Cash outflow
Repayment for interest and principle loan Net cash flow from financing activities
Net Cash
Net increase/decrease increase/decrease in cash
788,584
858,725
253,090
515,694
235,221
237,292
239,925
242,558
301,656
291,552
513,061
898,390
Beginning cash
5,742,181
6,506,265
7,340,490
7,569,080
8,060,274
8,270,996
8,483,788
8,699,212
8,917,270
9,194,427
9,461,478
9,950,039
5,375,748 5,742,181
Ending cash
6,506,265
7,340,490
7,569,080
8,060,274
8,270,996
8,483,788
8,699,212
8,917,270
9,194,427
9,461,478
9,950,039
10,123,930
10,123,930
Sale decrease by 20% Meepo studio Company Limited Income Statement For the year ended December, 31 2012 2012
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
319,680
326,704
130,456
203,312
106,456
101,656
106,456
111,256
101,656
132,992
198,512
261,808
61,702
61,931 61,931
25,919
38,078
19,519
18,239 18,239
19,519
20,799
18,239
24,813
36,798 36,798
49,835
395,394 395,394
257,978
264,773
104,537
165,234
86,937
83,417
86,937
90,457
83,417
108,179
161,714
211,973
1,705,550
27,976
27,503
13,784
17,248
9,484
8,624
9,484
10,344
8,624
11,974
16,388
22,136
183,571
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
48,000
Revenues Sales Less: Cost of goods sold Gross margin
2,100,944
Marketing expense Sale commission Radio local Brochure Plate/ Poster/ Vinyl Website Total marketing expense
36,000
1,000
36,000
72,000
16,759
16,759
84,985
31,503
17,784
21,498
13,484
12,624
49,734
14,344
12,624
16,224
20,388
26,136
321,330
Operating expense & Administrative expense Salaries
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
752,400
Social security insurance
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
79,200
Office supplies
6,719
Utility expense
4,007
3,487
3,677
3,857
43,369
Fire insurance
12,247
Automobile Insurance Administrative Administrative depreciation
6,719 4,117
3,467
3,687
3,417
6,719 3,407
3,417
3,427
3,407
20,157 12,247
8,900 26,344
8,900 26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
316,128
Total administrative administrative expense
127,517
99,761
99,111
99,331
105,780
99,051
99,061 99,061
99,071
105,770
99,131
99,321 99,321
99,501
1,232,401
Operating, Marketing and Administrative Administrative expense
212,502
131,263
116,895
120,829
119,264
111,675
148,795
113,415
118,394
115,355
119,709
125,636
1,553,731
Earning before interest and tax
45,476
133,509
-12,358
44,405
-32,327
-28,258 -28,258
-61,858
-22,958
-34,977 -34,977
-7,176
42,005
86,337
151,819
40,834
40,834
40,834
40,834
40,834
40,834
40,834
40,834
40,834
40,834
40,834
740,834
1,190,008
After interest income
4,642
92,675
-53,192
3,571
-73,161
-69,092
-102,692
-63,792
-75,811
-48,010
1,171
-654,497
-1,038,189
Income tax (30 %)
1,393
27,803
3,249
64,873
-654,497
-1,068,806
Interest and loan expense
Net income
1,071 -53,192
2,499
351 -73,161
-69,092
-102,692
-63,792
-75,811
-48,010
819
30,618
Meepo studio Company Limited Income Statement For the year ended December, 31 2013 2013
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total 3,989,248
Revenues Sales
600,648
619,088
227,312
392,224
203,312
198,512
203,312
208,112
198,512
241,264
392,536
504,416
Less: Cost of goods sold
114,020
117,161
43,678
73,117
37,278
35,998
37,278
38,558
35,998
45,484
73,062
95,350
746,984
Gross margin
486,628
501,927
183,634
319,107
166,034
162,514
166,034
169,554
162,514
195,780
319,474
409,066
3,242,264
49,549
49,932
21,548
31,917
17,248
16,388
17,248
18,108
16,388
20,595
31,440
40,831
331,194
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
48,000
Marketing expense Sale commission Radio local Brochure Plate/ Poster/ Vinyl Website Total marketing expense
36,000
1,000
36,000
72,000
500
500
90,299
53,932
25,548
36,167
21,248
20,388
57,498
22,108
20,388
24,845
35,440
44,831
452,694
Operating expense & Administrative expense Salaries
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
752,400
Social security insurance
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
79,200
Office supplies
6,719
Utility expense
32,967
3,727
4,227
4,547
94,979
Fire insurance
12,247
Automobile Insurance Administrative Administrative depreciation
6,719 4,867
3,737
4,217
3,687
6,719 3,677
3,687
21,967
3,677
20,157 12,247
8,900 18,271
8,900 18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
219,256
Total administrative administrative expense
148,404
92,438
91,308
91,788
97,977
91,248
91,258
109,538
97,967
91,298
91,798
92,118
1,187,140
Operating, Marketing and Administrative Administrative expense
238,703
146,370
116,856
127,955
119,225
111,636
148,756
131,646
118,355
116,143 116,143
127,238
136,949
1,639,834
Earning before interest and tax
247,925
355,558
66,777
191,152
46,808
50,877
17,277
37,907
44,158
79,637
192,236
272,116
1,602,430
36,750
36,750
36,750
36,750
36,750
36,750
36,750
36,750
36,750
36,750
36,750
736,750
1,141,000
After interest income
211,175
318,808
30,027
154,402
10,058
14,127
-19,473
1,157
7,408
42,887
155,486
-464,634
461,430
Income tax (30 %)
63,352
95,642
9,008
46,321
3,017
4,238
347
2,222
12,866
46,646
147,822
223,165
21,019
108,082
7,041
9,889
810
5,186
30,021
108,840
Interest and loan expense
Net income
-19,473
283,661 -464,634
177,769
Meepo studio Company Limited Income Statement For the year ended December, 31 2014 2014
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
Revenues Sales
870,104
924,520
324,168
574,736
300,168
295,368
300,168
304,968
295,368
358,664
569,936
753,424
5,871,592
Less: Cost of goods sold
164,774
173,792
61,438
107,816
55,038
53,758
55,038
56,318
53,758
66,794
106,536
141,205
1,096,262
Gross margin
705,330
750,728
262,730
466,920
245,130
241,610
245,130
248,650
241,610
291,870
463,400
612,219
4,775,330
45,049
46,432
17,048
29,417
15,248
14,888
15,248
15,608
14,888
18,095
29,440
37,831
299,194
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
48,000
Marketing expense Sale commission Radio local Brochure Plate/ Poster/ Vinyl Website Total marketing expense
36,000
1,000
36,000
72,000
500
500
85,799
50,432
21,048
33,667
19,248
18,888
55,498
19,608
18,888
22,345
33,440
41,831
420,694
Operating expense & Administrative expense Salaries
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
752,400
Social security insurance
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
79,200
Office supplies
6,719
Utility expense
5,567
4,127
4,737
5,237
53,909
Fire insurance
12,247
Automobile Insurance Administrative Administrative depreciation
6,719 5,717
4,007
4,747
3,957
6,719 3,947
3,957
3,967
3,947
20,157 12,247
8,900 18,271
8,900 18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
219,256
Total administrative administrative expense
121,004
93,288
91,578
92,318
98,247
91,518
91,528
91,538
98,237
91,698
92,308
92,808
1,146,070
Operating, Marketing and Administrative Administrative expense
206,803
143,720
112,626 112,626
125,985
117,495
110,406 110,406
147,026
111,146
117,125
114,043
125,748
134,639
1,566,764
Earning before interest and tax
498,527
607,008
150,104
340,935
127,635
131,204
98,104
137,504
124,485
177,827
337,652
477,580
3,208,566
32,667
32,667
32,667
32,667
32,667
32,667
32,667
32,667
32,667
32,667
32,667
732,667
1,092,004
After interest income
465,860
574,341
117,437
308,268
94,968
98,537
65,437
104,837
91,818
145,160
304,985
-255,087
2,116,562
Income tax (30 %)
139,758
172,302
35,231
92,480
28,490
29,561
19,631
31,451
27,545
43,548
91,495
326,102
402,039
82,206
215,788
66,478
68,976
45,806
73,386
64,273
101,612
213,489
-255,087
1,405,067
Interest and loan expense
Net income
711,495
Meepo studio Company Limited Income Statement For the year ended December, 31 2015 2015
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
Revenues Sales
1,156,184
1,216,904
424,944
763,648
400,944
396,144
400,944
405,744
396,144
477,256
758,848
996,032
7,793,736
Less: Cost of goods sold
218,316
229,022
79,959
142,854
73,559
72,279
73,559
74,839
72,279
88,567
141,574
186,720
1,453,529
Gross margin
937,868
987,882
344,985
620,794
327,385
323,865
327,385
330,905
323,865
388,689
617,274
809,312
6,340,207
86,714
91,268
31,871
57,274
30,071
29,711
30,071
30,431
29,711
35,794
56,914
74,702
584,530
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
48,000
Marketing expense Sale commission Radio local Brochure Plate/ Poster/ Vinyl Website Total marketing expense
36,000
1,000
36,000
72,000
500
500
127,464
95,268
35,871
61,524
34,071
33,711
70,321
34,431
33,711
40,044
60,914
78,702
706,030
Operating expense & Administrative expense Salaries
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
752,400
Social security insurance
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
79,200
Office supplies
6,719
Utility expense
6,377
4,457
5,267
8,266
61,659
Fire insurance
12,247
Automobile Insurance Administrative Administrative depreciation
6,719 6,557
4,287
5,277
4,237
6,719 4,227
4,237
4,247
4,227
20,157 12,247
8,900 18,271
8,900 18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
219,256 1,153,819
Total administrative administrative expense
121,814
94,128
91,858
92,848
98,527
91,798
91,808
91,818
98,517
92,028
92,838
95,837
Operating, Marketing and Administrative Administrative expense
249,278
189,396
127,729
154,372
132,598
125,509
162,129
126,249
132,228
132,072
153,752
174,540
1,859,850
Earning before interest and tax
688,590
798,487
217,256
466,422
194,787
198,356
165,256
204,656
191,637
256,617
463,522
634,772
4,480,358
28,584
28,584
28,584
28,584
28,584
28,584
28,584
28,584
28,584
28,584
28,584
728,584
1,043,008
After interest income
Interest and loan expense
660,006
769,903
188,672
437,838
166,203
169,772
136,672
176,072
163,053
228,033
434,938
-93,812
3,437,350
Income tax (30 %)
198,002
230,971
56,602
131,351
49,861
50,932
41,002
52,822
48,916
68,410
130,481
-28,144
1,031,205
462,004
538,932
132,070
306,487
116,342
118,840
95,670
123,250
114,137
159,623
304,457
-65,668
2,406,145
Net income
Meepo studio Company Limited Income Statement For the year ended December, 31 2016 2016
Jan
Feb Feb
Mar
Apr
May
Jun
Jul
Aug
1,437,152
1,519,608
270,634
285,353
1,166,518
Sep
521,800
953,752
497,800
493,000
497,800
502,600
596,200
97,718
178,355
91,318
90,038
91,318
92,598
101,054
1,234,255
424,082
775,397
406,482
402,962
406,482
410,002
495,146
107,786
113,971
39,135
71,531
37,335
36,975
37,335
37,695
4,000 250
4,000 250
4,000 250
4,000 250
4,000 250
4,000 250
4,000 250
4,000 250
36,000
36,000
36,000 36,000
36,000
36,000
36,000 36,000
36,000
36,000
Oct
Nov
Dec
Total
584,336
948,952
1,238,640
9,791,640
108,776
177,075
232,235
1,816,474
475,560
771,877
1,006,405
7,975,166
44,715
43,825
71,171
92,898
734,373
4,000 250
4,000 250
4,000 250
4,000 250
48,000
36,000 36,000
36,000
36,000
36,000
432,000
Revenues Sales Less: Cost of goods sold Gross margin Marketing expense Sale commission Radio local Brochure Plate/ Poster/ Vinyl Website Total marketing expense
3,000
500
500
500
500
500
500
500
500
500
500
500
500
6,000
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
489,000
Operating expense & Administrative expense Salaries
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
752,400
Social security insurance
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
79,200
Office supplies
6,719
Utility expense
7,167
4,767
5,807
6,617
64,759
Fire insurance
12,247
Automobile Insurance Administrative Administrative depreciation
6,719 7,407
4,557
5,817
4,507
6,719 4,497
4,507
4,517
4,597
20,157 12,247
8,900 26,344
8,900 26,344 26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
316,128
Total administrative administrative expense
130,677
103,051
100,201
101,461
106,870
100,141
100,151
100,161
106,960
100,411
101,451
102,261
1,253,791
Operating, Marketing and Administrative Administrative expense
171,427
143,801
140,951
142,211
147,620 147,620
140,891
140,901
140,911 140,911
147,710
141,161
142,201 142,201
143,011
1,742,791
Earning before interest and tax
995,092
1,090,455
283,131
633,186
258,862
262,071
265,581
269,091
347,436
334,399
629,676
863,394
6,232,374
24,500
24,500
24,500
24,500
24,500
24,500
24,500
24,500
24,500
24,500
24,500
724,500
994,000
970,592
1,065,955
258,631
608,686
234,362
237,571
241,081
244,591
322,936
309,899
605,176
138,894
5,238,374
Interest and loan expense After interest income Income tax (30 %) Net income
291,177
319,786
77,589
182,606
70,309
71,271
72,324
73,377
96,881
92,970
181,553
41,668
1,571,512
679,414
746,168
181,042
426,080
164,053
166,300
168,757
171,214
226,055
216,930
423,623
97,226
3,666,862
Meepo Studio Company Limited Statement Of Cash Flow For the year ended December, 31 2012 2012
Before operating
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
319,680
326,704
130,456
203,312
106,456
101,656
106,456
111,256
101,656
132,992
198,512
261,808
2,100,944
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
316,128
346,024
353,048
156,800
229,656
132,800
128,000
132,800
137,600
128,000
159,336
224,856
288,152
2,417,072
Cash flow from operating activity Cash inflow
Cash received on sales Adjust depreciation Total cash inflow from operating activities Cash outflow
Cost of goods sold
61,702
61,931
25,919
38,078
19,519
18,239
19,519
20,799
18,239
24,813
36,798
49,835
395,394
Marketing expense
84,985
31,503
17,784
21,498
13,484
12,624
49,734
14,344
12,624
16,224
20,388
26,136
321,330
127,517
99,761
99,111
99,331
105,780
99,051
99,061
99,071
105,770
99,131
99,321
99,501
1,232,401
11,067 285,271
37,732 230,926
0 142,814
7,267 166,175
0 138,783
0 129,914
0 168,314
0 134,214
0 136,633
0 140,168
6,415 162,923
0 175,471
62,481 2,011,606
60,753
122,122
13,986
63,481
-5,983
-1,914
-35,514
3,386
-8,633
19,168
61,933
112,681
4,428,678
-40,83 -40,834 4
-40,83 -40,834 4
-40,83 -40,834 4
-40,83 -40,834 4
-40,83 -40,834 4
-40,83 -40,834 4
-40,83 -40,834 4
-40,834 -40,834
-40,83 -40,834 4
-40,83 -40,834 4
-40,83 -40,834 4
-
-
Administrative Administrative expense Cash paid for income tax Total cash outflow from operating activities Net cash flow from operating activities Cash flow from investing activity Cash inflow
Land & Building
4,100,000
Equipment
1,419,227
Adminstration tools Registration cost Telephone line &Internet Installment Website cost Bill board Logo Net cash flow from investing activities
549,164 44,500 1,099 16,759 1,600 1,200 6,133,549
Cash flow from financing activity Cash inflow
Cash loan
7,000,000
Cash outflow
Repay Repaymen mentt for intere interest st and princi principle ple
loan
740,834
1,190,008
405,466
Net cash flow from financing activities Net Cash
Net increase/decrease increase/decrease in cash
866,451
Beginning cash Ending cash
866,451
60,753 60,753
122,122
13,986
63,481
-5,983
-1,914
-35,514
3,386
-8,633
19,168
61,933
112,681
866,451
886,370
967,658
940,810
963,457
916,640
873,892
797,544
760,096
710,629
688,963
710,062
0
886,370
967,658
940,810
963,457
916,640
873,892
797,544
760,096
710,629
688,963
710,062
81,909
81,909
Meepo Studio Company Limited Statement Of Cash Flow For the year ended December, 31 2013 2013
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
600,648
619,088
227,312
392,224
203,312
198,512
203,312
208,112
198,512
241,264
392,536
504,416
3,989,248
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
219,256
618,919
637,359
245,583
410,495
221,583
216,783
221,583
226,383
216,783
259,535
410,807
522,687
4,208,504
Cost of goods sold
114,020
117,161
43,678
73,117
37,278
35,998
37,278
38,558
35,998
45,484
73,062
95,350
746,984 746,984
Marketing expense
90,299
53,932
25,548
36,167
21,248
20,388
57,498
22,108
20,388
24,845
35,440
44,831
452,694
148,404
92,438
91,308
91,788
97,977
91,248
91,258
109,538
97,967
91,298
91,798
92,118
1,187,140
99,850
133,287
22,781
70,254
15,470
16,427
6,611
13,064
14,411
27,550
70,606
0
490,309
-452,573
- 396,817
-183,315
-271,325
- 171,974
-164,061
-192,645
-183,268
-168,765
- 189,176
-270,906
-232,300
-2,877,127
166,347
240,542
62,268
139,170
49,610
52,722
28,938
43,115
48,019
70,359
139,901
290,388
1,331,378
-36,750
-36,750
-36,750
-36,750
-36,750
-36,750
-36,750
-36,750
-36,750
-36,750
-36,750
-736,750
-1,141,000
Cash flow from operating activity Cash inflow
Cash received on sales Adjust depreciation Total cash inflow from operating activities Cash outflow
Administrative Administrative expense Cash paid for income tax Total cash outflow from operating activities Net cash flow from operating activities Cash flow from investing activity Cash inflow
Land & Building Equipment Adminstration tools Registration cost Telephone line &Internet Installment Website cost Bill board Logo Net cash flow from investing activities Cash flow from financing activity Cash inflow
Cash loan Cash outflow
Repayment for interest and principle loan Net cash flow from financing activities
Net Cash
Net increase/decrease increase/decrease in cash Beginning cash Ending cash
166,347
240,542
62,268
139,170
49,610
52,722
28,938
43,115
48,019
70,359 70,359
139,901
290,388
81,909
211,506
415,298
440,816
543,236
556,095
572,067
564,255
570,620
581,889
615,498
718,649
1,331,378 81,909
211,506
415,298
440,816
543,236
556,095
572,067
564,255
570,620
581,889
615,498
718,649
272,287
272,287
Meepo Studio Company Limited Statement Of Cash Flow For the year ended December, 31 2014 2014
Jan
Feb
870,104
924,520
18,271
18,271
888,375
942,791
Cost of goods sold
164,774
Marketing expense
85,799 121,004
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
324,168
574,736
300,168
295,368
300,168
304,968
295,368
358,664
569,936 569,936
753,424
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
219,256
342,439
593,007
318,439
313,639
318,439
323,239
313,639
376,935
588,207
771,695
6,090,848
173,792
61,438
107,816
55,038
53,758
55,038
56,318
53,758
66,794
106,536
141,205
1,096,262
50,432
21,048
33,667
19,248
18,888
55,498
19,608
18,888
22,345
33,440
41,831
420,694
93,288
91,578
92,318
98,247
91,518
91,528
91,538
98,237
91,698
92,308
92,808
1,146,070
Cash flow from operating activity Cash inflow
Cash received on sales Adjust depreciation Total cash inflow from operating activities
5,871,592
Cash outflow
Administrative Administrative expense Cash paid for income tax Total cash outflow from operating activities Net cash flow from operating activities
192,658
228,607
54,936
127,499
46,875
47,682
38,016
50,100
45,666
65,438
126,250
0
1,023,728
-564,235
-546,119
-229,000
- 361,300
-219,408
-211,846
- 240,080
-217,564
-216,549
-246,275
-358,535
-275,844
- 3,686,754
324,141
396,673
113,440
231,707
99,031
101,794
78,360
105,676
97,090
130,660
229,673
495,851
2,404,094
-32,667
-32,667
-32,667
-32,667
-32,667
-32,667
-32,667
-32,667
-32,667
-32,667
-32,667
-732,667
-1,092,004
Cash flow from investing activity Cash inflow
Land & Building Equipment Adminstration tools Registration cost Telephone line &Internet Installment Website cost Bill board Logo Net cash flow from investing activities Cash flow from financing activity Cash inflow
Cash loan Cash outflow
Repayment for interest and principle loan Net cash flow from financing activities
Net Cash
Net increase/decrease increase/decrease in cash
324,141
396,673
113,440
231,707
99,031
101,794
78,360
105,676
97,090
130,660
229,673
495,851
Beginning cash
272,287
563,760
927,766
1,008,539
1,207,579
1,273,943
1,343,069
1,388,762
1,461,770
1,526,194
1,624,187
1,821,192
2,404,094 272,287
Ending cash
563,760
927,766
1,008,539
1,207,579
1,273,943
1,343,069
1,388,762
1,461,770
1,526,194
1,624,187
1,821,192 1,821,192
1,584,377
1,584,377
Meepo Studio Company Limited Statement Of Cash Flow For the year ended December, 31 2015 2015
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
1,156,184
1,216,904
424,944
763,648
400,944
396,144
400,944
405,744
396,144
477,256
758,848
996,032
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
219,256
1,174,455
1,235,175
443,215
781,919
419,215
414,415
419,215
424,015
414,415
495,527
777,119
1,014,303
8,012,992 1,453,529
Cash flow from operating activity Cash inflow
Cash received on sales Adjust depreciation Total cash inflow from operating activities
7,793,736
Cash outflow
Cost of goods sold
218,316
229,022
79,959
142,854
73,559
72,279
73,559
74,839
72,279
88,567
141,574
186,720
Marketing expense
127,464
95,268
35,871
61,524
34,071
33,711
70,321
34,431
33,711
40,044
60,914
78,702
706,030
Administrative Administrative expense
121,814
94,128
91,858
92,848
98,527
91,798
91,808
91,818
98,517
92,028
92,838
95,837
1,153,819
Cash paid for income tax Total cash outflow from operating activities Net cash flow from operating activities
268,342
305,062
82,475
177,911
74,415
75,221 75,221
65,555
77,639
73,206
97,561
176,777
32,555
1,506,720
-735,936
-723,479
-290,163
- 475,137
-280,572
-273,009
-301,243
-278,727
-277,713
-318,201
-472,103
-393,815
-4,820,099
438,519
511,696
153,052
306,782
138,644
141,406
117,972
145,288
136,703
177,327
305,016
620,489
12,833,091
-28,584
-28,584
-28,584
-28,584
-28,584
-28,584
-28,584
-28,584
-28,584
-28,584
-28,584
-728,584
-1,043,008
Cash flow from investing activity Cash inflow
Land & Building Equipment Adminstration tools Registration cost Telephone line &Internet Installment Website cost Bill board Logo Net cash flow from investing activities Cash flow from financing activity Cash inflow
Cash loan Cash outflow
Repayment for interest and principle loan Net cash flow from financing activities
Net Cash
Net increase/decrease increase/decrease in cash
438,519
511,696
153,052
306,782
138,644
141,406
117,972
145,288
136,703
177,327
305,016
620,489
3,192,894
Beginning cash
1,584,377
1,994,312
2,477,424
2,601,892
2,880,091
2,990,150
3,102,972
3,192,360
3,309,064
3,417,183
3,565,925 3,565,925
3,842,358
1,584,377
Ending cash
1,994,312
2,477,424
2,601,892
2,880,091
2,990,150
3,102,972
3,192,360
3,309,064
3,417,183
3,565,925
3,842,358 3,842,358
3,734,262
3,734,262
Meepo Studio Company Limited Statement Of Cash Flow For the year ended December, 31 2016 2016
Jan
Feb
Mar
1,437,152
1,519,608
521,800
26,344
26,344
26,344
1,463,496
1,545,952
Cost of goods sold
270,634
Marketing expense
40,750 130,677
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
953,752
497,800
493,000
497,800
502,600
596,200
584,336
948,952
1,238,640
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
316,128
548,144
980,096
524,144
519,344
524,144
528,944
622,544
610,680
975,296
1,264,984
10,107,768
285,353
97,718
178,355
91,318
90,038
91,318
92,598
101,054
108,776
177,075
232,235
1,816,474
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
489,000
103,051
100,201
101,461
106,870
100,141
100,151
100,161
106,960
100,411
101,451
102,261
1,253,791
Cash flow from operating activity Cash inflow
Cash received on sales Adjust depreciation Total cash inflow from operating activities
9,791,640
Cash outflow
Administrative Administrative expense Cash paid for income tax Total cash outflow from operating activities Net cash flow from operating activities
378,666
412,356
109,395
240,761
100,795
101,493
102,810
104,127
134,017
128,637
239,444
117,149
2,169,650
-820,727
-841,509
-348,064
-561,326
- 339,733
-332,422
-335,029
-337,636
-382,781
-378,573
-558,719
-492,394
-5,728,915
642,769
704,443
200,080
418,770
184,411
186,922
189,115
191,308
239,763
232,107
416,577
772,590
4,378,853
-24,500
-24,500
-24,500
-24,500
-24,500
-24,500
-24,500
-24,500
-24,500
-24,500
-24,500
-724,500
-994,000
Cash flow from investing activity Cash inflow
Land & Building Equipment Adminstration tools Registration cost Telephone line &Internet Installment Website cost Bill board Logo Net cash flow from investing activities Cash flow from financing activity Cash inflow
Cash loan Cash outflow
Repayment for interest and principle loan Net cash flow from financing activities
Net Cash
642,769
704,443
200,080
418,770
184,411
186,922
189,115
191,308
239,763
232,107
416,577
772,590
4,378,853
Beginning cash
Net increase/decrease increase/decrease in cash
3,734,262
4,352,532
5,032,475
5,208,054
5,602,324
5,762,235
5,924,657
6,089,271
6,256,079
6,471,342
6,678,949
7,071,025
3,734,262
Ending cash
4,352,532
5,032,475
5,208,054
5,602,324
5,762,235
5,924,657
6,089,271
6,256,079
6,471,342
6,678,949
7,071,025
7,119,115
7,119,115
Expense increase by 10% Meepo studio Company Limited Income Statement For the year ended December, 31 2012 2012
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
399,600
408,380
163,070
254,140
133,070
127,070
133,070
139,070
127,070
166,240
248,140
327,260
77,128
77,414
32,399
47,598
24,399
22,799
24,399
25,999
22,799
31,016
45,998
62,294
494,242
322,472
330,966
130,671
206,542
108,671
104,271
108,671
113,071
104,271
135,224
202,142
264,966
2,131,938
27,976
27,503
13,784
17,248
9,484
8,624
9,484
10,344
8,624
11,974
16,388
22,136
183,571
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
48,000
Revenues Sales Less: Cost of goods sold Gross margin
2,626,180
Marketing expense Sale commission Radio local Brochure Plate/ Poster/ Vinyl Website Total marketing expense
36,000
1,000
36,000
72,000
16,759
16,759
84,985
31,503
17,784
21,498
13,484
12,624
49,734
14,344
12,624
16,224
20,388
26,136
321,330
Operating expense & Administrative expense Salaries
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
752,400
Social security insurance
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
79,200
Office supplies
6,719
Utility expense
4,007
3,487
3,677
3,857
43,369
Fire insurance
12,247
Automobile Insurance Administrative Administrative depreciation
6,719 4,117
3,467
3,687
3,417
6,719 3,407
3,417
3,427
3,407
20,157 12,247
8,900 26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
316,128
Total administrative administrative expense
127,517
99,761
99,111
99,331
105,780
99,051 99,051
99,061
99,071
105,770
99,131 99,131
99,321
99,501
1,232,401
Operating, Marketing and Administrative Administrative expense
225,254
141,239
126,806
130,762
129,842
121,580
158,701
123,322
128,971
125,268
129,641
135,586
1,676,971
97,218
189,727
3,865
75,780
-21,171
-17,309
-50,030
-10,251
-24,700
9,956
72,501
129,380
454,967
40,834
40,834
40,834
40,834
40,834
40,834
40,834
40,834
40,834
40,834
40,834
740,834
1,190,008
After interest income
56,384
148,893
-36,969
34,946
-62,005
-58,143
-90,864
-51,085
-65,534
-30,878
31,667
-611,454
-735,041
Income tax (30 %)
16,915
44,668
39,469
104,225
-611,454
-816,608
Earning before interest and tax Interest and loan expense
Net income
10,484 -36,969
24,462
9,500 -62,005
-58,143
-90,864
-51,085
-65,534
-30,878
22,167
81,567
Meepo studio Company Limited Income Statement For the year ended December, 31 2013 2013
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
Revenues Sales
750,810
773,860
284,140
490,280
254,140
248,140
254,140
260,140
248,140
301,580
490,670
630,520
Less: Cost of goods sold
142,525
146,451
54,598
91,396
46,598
44,998
46,598
48,198
44,998
56,855
91,327
119,188
4,986,560 933,730
Gross margin
608,285
627,409
229,542
398,884
207,542
203,142
207,542
211,942
203,142
244,725
399,343
511,332
4,052,830
49,549
49,932
21,548
31,917
17,248
16,388
17,248
18,108
16,388
20,595
31,440
40,831
331,194
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
48,000
Marketing expense Sale commission Radio local Brochure Plate/ Poster/ Vinyl Website Total marketing expense
36,000
1,000
36,000
72,000
500
500
90,299
53,932
25,548
36,167
21,248
20,388
57,498
22,108
20,388
24,845
35,440
44,831
452,694
Operating expense & Administrative expense Salaries
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
752,400
Social security insurance
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
79,200
Office supplies
6,719
Utility expense
32,967
3,727
4,227
4,547
94,979
Fire insurance
12,247
Automobile Insurance Administrative Administrative depreciation
6,719 4,867
3,737
4,217
3,687
6,719 3,677
3,687
21,967
3,677
20,157 12,247
8,900 18,271
8,900 18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
219,256
Total administrative administrative expense
148,404
92,438
91,308
91,788
97,977
91,248
91,258
109,538
97,967
91,298
91,798
92,118
1,187,140
Operating, Marketing and Administrative Administrative expense
253,544
155,613
125,987
137,134
129,023 129,023
120,761
157,882
142,600
128,152
125,273 125,273
136,418
146,161
1,758,548
Earning before interest and tax
354,741
471,796
103,555
261,750
78,519
82,381
49,660
69,342
74,990
119,452
262,925
365,171
2,294,282
36,750
36,750
36,750
36,750
36,750
36,750
36,750
36,750
36,750
36,750
36,750
736,750
1,141,000
After interest income
317,991
435,046
66,805
225,000
41,769
45,631
12,910
32,592
38,240
82,702
226,175
-371,579
1,153,282
Income tax (30 %)
95,397
130,514
20,041
67,500
12,531
13,689
3,873
9,778
11,472
24,811
67,853
222,594
304,532
46,763
157,500
29,238
31,942
9,037
22,814
26,768
57,892
158,323
Interest and loan expense
Net income
457,458 -371,579
695,824
Meepo studio Company Limited Income Statement For the year ended December, 31 2014 2014
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
Revenues Sales
1,087,630
1,155,650
405,210
718,420
375,210
369,210
375,210
381,210
369,210
448,330
712,420
941,780
7,339,490
Less: Cost of goods sold
205,967
217,240
76,797
134,770
68,797
67,197
68,797
70,397
67,197
83,493
133,170
176,506
1,370,328
Gross margin
881,663
938,410
328,413
583,650
306,413
302,013
306,413
310,813
302,013
364,837
579,250
765,274
5,969,162
45,049
46,432
17,048
29,417
15,248
14,888
15,248
15,608
14,888
18,095
29,440
37,831
299,194
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
48,000
Marketing expense Sale commission Radio local Brochure Plate/ Poster/ Vinyl Website Total marketing expense
36,000
1,000
36,000
72,000
500
500
85,799
50,432
21,048
33,667
19,248
18,888
55,498
19,608
18,888
22,345
33,440
41,831
420,694
Operating expense & Administrative expense Salaries
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
752,400
Social security insurance
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
79,200
Office supplies
6,719
Utility expense
5,567
4,127
4,737
5,237
53,909
Fire insurance
12,247
Automobile Insurance Administrative Administrative depreciation
6,719 5,717
4,007
4,747
3,957
6,719 3,947
3,957
3,967
3,947
20,157 12,247
8,900 18,271
8,900 18,271 18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
219,256
Total administrative administrative expense
121,004
93,288
91,578
92,318
98,247
91,518
91,528
91,538
98,237
91,698
92,308
92,808
1,146,070
Operating, Marketing and Administrative Administrative expense
218,904
153,048
121,784
135,217
127,320
119,558
156,179
120,300
126,949
123,213 123,213
134,979
143,920
1,681,371
Earning before interest and tax
662,759
785,362
206,629
448,433
179,093
182,455
150,234
190,513
175,064
241,624
444,271
621,354
4,287,791
32,667
32,667
32,667
32,667
32,667
32,667
32,667
32,667
32,667
32,667
32,667
732,667
1,092,004
After interest income
630,092
752,695
173,962
415,766
146,426
149,788
117,567
157,846
142,397
208,957
411,604
-111,313
3,195,787
Income tax (30 %)
189,028
225,808
52,189
124,730
43,928
44,936
35,270
47,354
42,719
62,687
123,481
441,065
526,886
121,773
291,037
102,498
104,851
82,297
110,492
99,678
146,270
288,123
-111,313
2,203,657
Interest and loan expense
Net income
992,130
Meepo studio Company Limited Income Statement For the year ended December, 31 2015 2015
Jan
Feb Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
1,445,230
1,521,130
272,895
286,277
1,172,335
Oct
Nov
Dec
531,180
954,560
501,180
495,180
501,180
507,180
495,180
99,949
178,568
91,949
90,349
91,949
93,549
90,349
1,234,853
431,231
775,992
409,231
404,831
409,231
413,631
404,831
86,714
91,268
31,871
57,274
30,071
29,711
30,071
30,431
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
Total
596,570
948,560
1,245,040
9,742,170
110,709
176,968
233,400
1,816,911
485,861
771,592
1,011,640
7,925,259
29,711
35,794
56,914
74,702
584,530
4,000
4,000 250
4,000
4,000
48,000
Revenues Sales Less: Cost of goods sold Gross margin Marketing expense Sale commission Radio local Brochure Plate/ Poster/ Vinyl Website Total marketing expense
36,000
1,000
36,000
72,000
500
500
127,464
95,268
35,871
61,524
34,071
33,711
70,321
34,431
33,711
40,044
60,914
78,702
706,030
Operating expense & Administrative expense Salaries
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
752,400
Social security insurance
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
79,200
Office supplies
6,719
0
0
0
6,719
0
0
0
6,719
0
0
0
20,157
Utility expense
6,377
6,557
4,287
5,277
4,237
4,227
4,237
4,247
4,227
4,457
5,267
8,266
61,659
Fire insurance
12,247
0
0
0
0
0
0
0
0
0
0
0
12,247
8,900
0
0
0
0
0
0
0
0
0
0
0
8,900
18,271
18,271 18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
219,256
Automobile Insurance Administrative Administrative depreciation Total administrative administrative expense
121,814
94,128
91,858
92,848
98,527
91,798
91,808
91,818
98,517
92,028
92,838
95,837
1,153,819
Operating, Marketing and Administrative Administrative expense
261,460
198,809
136,915
163,656
142,450 142,450
134,689
171,310
135,431 135,431
142,079
141,275
163,035 163,035
184,123
1,975,232
Earning before interest and tax
910,875
1,036,044
294,316
612,336
266,781
270,142
237,921
278,200
262,752
344,586
608,557
827,517
5,950,027
28,584
28,584
28,584
28,584
28,584
28,584
28,584
28,584
28,584
28,584
28,584
728,584
1,043,008
After interest income
882,291
1,007,460
265,732
583,752
238,197
241,558
209,337
249,616
234,168
316,002
579,973
98,933
4,907,019
Income tax (30 %)
264,687
302,238
79,720
175,125
71,459
72,468
62,801
74,885
70,250
94,801
173,992
29,680
1,472,106
617,604
705,222
186,013
408,626
166,738
169,091
146,536
174,732
163,917
221,201
405,981
69,253
3,434,914
Interest and loan expense
Net income
Meepo studio Company Limited Income Statement For the year ended December, 31 2016 2016
Jan
Feb
Mar
Apr
1,796,440 338,292
May
Jun
Jul
Aug
1,899,510
652,250
1,192,190
622,250
616,250
622,250
628,250
356,691
122,148
222,944
114,148
112,548
114,148
115,748
1,458,148
1,542,819
530,102
969,246
508,102
503,702
508,102
512,502
107,786
113,971
39,135
71,531
37,335
36,975
37,335
4,000 250
4,000 250
4,000 250
4,000 250
4,000 250
4,000 250
4,000 250
36,000
36,000
36,000
36,000
36,000
36,000
36,000
Sep
Oct
Nov
Dec
Total
745,250
730,420
1,186,190
1,548,300
12,239,550
126,318
135,970
221,344
290,294
2,270,593
618,932
594,450
964,846
1,258,006
9,968,957
37,695
44,715
43,825
71,171
92,898
734,373
4,000 250
4,000 250
4,000 250
4,000 250
4,000 250
48,000
36,000
36,000
36,000
36,000
36,000
432,000
Revenues Sales Less: Cost of goods sold Gross margin Marketing expense Sale commission Radio local Brochure Plate/ Poster/ Vinyl Website Total marketing expense
3,000
500
500
500
500
500
500
500
500
500
500
500
500
6,000
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
489,000 489,000
Operating expense & Administrative expense Salaries
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
752,400
Social security insurance
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
79,200
Office supplies
6,719
Utility expense
7,167
4,767
5,807
6,617
64,759
Fire insurance
12,247
Automobile Insurance Administrative Administrative depreciation
6,719 7,407
4,557
5,817
4,507
6,719 4,497
4,507
4,517
4,597
20,157 12,247
8,900 26,344
8,900 26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344 26,344
316,128 316,128
Total administrative administrative expense
130,677
103,051
100,201
101,461
106,870
100,141
100,151
100,161
106,960
100,411
101,451
102,261
1,253,791
Operating, Marketing and Administrative Administrative expense
175,502
147,876
145,026
146,286
151,695
144,966
144,976 144,976
144,986
151,785
145,236
146,276
147,086
1,791,691
1,282,646
1,394,943
385,076
822,960
356,407
358,736
363,126
367,516
467,147
449,214
818,570
1,110,920
8,177,266
24,500
24,500
24,500
24,500
24,500
24,500
24,500
24,500
24,500
24,500
24,500
724,500
994,000
1,258,146
1,370,443
360,576
798,460
331,907
334,236
338,626
343,016
442,647
424,714
794,070 794,070
386,420 386,420
7,183,266
Earning before interest and tax Interest and loan expense After interest income Income tax (30 %) Net income
377,444
411,133
108,173
239,538
99,572
100,271
101,588
102,905
132,794
127,414
238,221
115,926
2,154,980
880,702
959,310
252,403
558,922
232,335
233,965
237,038
240,111
309,853
297,300
555,849
270,494
5,028,286
Meepo Studio Company Limited Statement Of Cash Flow For the year ended December, 31 2012 2012
Before operating
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
399,600
408,380
163,070
254,140
133,070
127,070
133,070
139,070
127,070
166,240
248,140
327,260
2,626,180
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
316,128
425,944
434,724
189,414
280,484
159,414
153,414
159,414
165,414
153,414
192,584
274,484
353,604
2,942,308
Cash flow from operating activity Cash inflow
Cash received on sales Adjust depreciation Total cash inflow from operating activities Cash outflow
Cost of goods sold
84,841
85,155
35,639
52,358
26,839
25,079
26,839
28,599
25,079
34,118
50,598
68,523
543,666
Marketing expense
93,484
34,653
19,563
23,648
14,833
13,887
54,708
15,779
13,887
17,847
22,427
28,749
353,463
140,269
109,737
109,022
109,264
116,358
108,956
108,967
108,978
116,347
109,044
109,253
109,451
1,355,642
20,741 339,334
47,661 277,206
0 164,223
13,464 198,733
0 158,029
0 147,921
0 190,513
0 153,355
0 155,312
0 161,008
12,480 194,757
0 206,723
94,345 2,347,115
86,610
157,518
25,191
81,751
1,385
5,493
-31,099
12,059
-1,898
31,576
79,727
146,881
5,289,423
-40,83 -40,834 4
-40,83 -40,834 4
-40,83 -40,834 4
-40,83 -40,834 4
-40,83 -40,834 4
-40,83 -40,834 4
-40,83 -40,834 4
-40,834 -40,834
-40,83 -40,834 4
-40,83 -40,834 4
-40,83 -40,834 4
-
-
Administrative Administrative expense Cash paid for income tax Total cash outflow from operating activities Net cash flow from operating activities Cash flow from investing activity Cash inflow
Land & Building
4,100,000
Equipment
1,419,227
Adminstration tools Registration cost Telephone line &Internet Installment Website cost Bill board Logo Net cash flow from investing activities
549,164 44,500 1,099 16,759 1,600 1,200 6,133,549
Cash flow from financing activity Cash inflow
Cash loan
7,000,000
Cash outflow
Repay Repaymen mentt for intere interest st and princi principle ple
loan
740,834
1,190,008
595,193
Net cash flow from financing activities Net Cash
Net increase/decrease increase/decrease in cash
866,451
Beginning cash Ending cash
866,451
86,610 86,610
157,518
25,191
81,751
1,385
5,493
-31,099
12,059
-1,898
31,576
79,727
146,881
866,451
912,227
1,028,912
1,013,268
1,054,185
1,014,736
979,395
907,462
878,686
835,954
826,696
865,589
0
912,227
1,028,912
1,013,268
1,054,185
1,014,736
979,395
907,462
878,686
835,954
826,696
865,589
271,636
271,636
Meepo Studio Company Limited Statement Of Cash Flow For the year ended December, 31 2013 2013
Jan
Feb
Mar
Apr
May
Jun
Jul Jul
Aug
Sep
Oct
Nov
Dec
Total
750,810
773,860
284,140
490,280
254,140
248,140
254,140 254,140
260,140
248,140
301,580
490,670 490,670
630,520
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
219,256
769,081
792,131
302,411
508,551
272,411
266,411
272,411
278,411
266,411
319,851
508,941
648,791
5,205,816
Cost of goods sold
156,778
161,096
60,058
100,536
51,258
49,498
51,258
53,018
49,498
62,541
100,460
131,107
1,027,103
Marketing expense
99,329
59,325
28,103
39,783
23,373
22,427
63,248
24,319
22,427
27,329
38,984
49,314
497,963
163,245
101,682
100,439
100,967
107,775
100,373
100,384
120,492
107,764
100,428
100,978
101,330
1,305,854
Cash flow from operating activity Cash inflow
Cash received on sales Adjust depreciation Total cash inflow from operating activities
4,986,560
Cash outflow
Administrative Administrative expense Cash paid for income tax Total cash outflow from operating activities Net cash flow from operating activities
99,850
133,287
22,781
70,254
15,470
16,427
6,611
13,064
14,411
27,550
70,606
0
490,309
-519,201
-455,389
-211,380
-311,540
-197,876
-188,724
-221,500
-210,892
-194,100
-217,847
-311,028
-281,751
- 3,321,229
249,881
336,742
91,031
197,012
74,536
77,687
50,911
67,519
72,312
102,004
197,913
367,040
1,884,587
-36,750
-36,750
-36,750
-36,750
-36,750
-36,750
-36,750
-36,750
-36,750
-36,750
-36,750
-736,750
-1,141,000
Cash flow from investing activity Cash inflow
Land & Building Equipment Adminstration tools Registration cost Telephone line &Internet Installment Website cost Bill board Logo Net cash flow from investing activities Cash flow from financing activity Cash inflow
Cash loan Cash outflow
Repayment for interest and principle loan Net cash flow from financing activities
Net Cash
Net increase/decrease increase/decrease in cash
249,881
336,742
91,031
197,012
74,536
77,687
50,911
67,519
72,312
102,004
197,913
367,040
Beginning cash
271,636
484,766
784,758
839,039
999,301
1,037,087
1,078,024
1,092,184
1,122,953
1,158,515
1,223,769
1,384,932
1,884,587 271,636
Ending cash
484,766
784,758
839,039
999,301
1,037,087
1,078,024
1,092,184
1,122,953
1,158,515
1,223,769
1,384,932
1,015,223
1,015,223
Meepo Studio Company Limited Statement Of Cash Flow For the year ended December, 31 2014 2014
Jan
Feb
1,087,630
1,155,650
18,271
18,271
1,105,901
1,173,921
Cost of goods sold
226,564
Marketing expense
94,379 133,105
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
405,210
718,420
375,210
369,210
375,210
381,210
369,210
448,330
712,420
941,780
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
219,256
423,481
736,691
393,481
387,481
393,481
399,481
387,481
466,601
730,691
960,051
7,558,746
238,964
84,477
148,247
75,677
73,917
75,677
77,437
73,917
91,842
146,487
194,157
1,507,361
55,475
23,153
37,033
21,173
20,777
61,048
21,569
20,777
24,579
36,784
46,014
462,763
102,617
100,736
101,550
108,072
100,670
100,681
100,692
108,061
100,868
101,539
102,089
1,260,677
Cash flow from operating activity Cash inflow
Cash received on sales Adjust depreciation Total cash inflow from operating activities
7,339,490
Cash outflow
Administrative Administrative expense Cash paid for income tax Total cash outflow from operating activities Net cash flow from operating activities
192,658
228,607
54,936
127,499
46,875
47,682
38,016
50,100
45,666
65,438
126,250
0
1,023,728
-646,705
-625,663
-263,302
-414,330
- 251,797
-243,046
-275,422
-249,798
-248,421
-282,728
-411,060
-342,260
- 4,254,529
459,196
548,259
160,180
322,362
141,685
144,436
118,060
149,684
139,061
183,874
319,631
617,792
3,304,218
-32,667
-32,667
-32,667
-32,667
-32,667
-32,667
-32,667
-32,667
-32,667
-32,667
-32,667
-732,667
-1,092,004
Cash flow from investing activity Cash inflow
Land & Building Equipment Adminstration tools Registration cost Telephone line &Internet Installment Website cost Bill board Logo Net cash flow from investing activities Cash flow from financing activity Cash inflow
Cash loan Cash outflow
Repayment for interest and principle loan Net cash flow from financing activities
Net Cash
459,196
548,259
160,180
322,362
141,685
144,436
118,060
149,684
139,061
183,874
319,631
617,792
3,304,218
Beginning cash
Net increase/decrease increase/decrease in cash
1,015,223
1,441,752
1,957,344
2,084,857
2,374,551
2,483,569
2,595,338
2,680,731
2,797,747
2,904,141
3,055,348
3,342,312
1,015,223
Ending cash
1,441,752
1,957,344
2,084,857
2,374,551
2,483,569
2,595,338
2,680,731
2,797,747
2,904,141
3,055,348
3,342,312
3,227,436
3,227,436
Meepo Studio Company Limited Statement Of Cash Flow For the year ended December, 31 2015 2015
Jan
Feb
Mar
1,445,230
1,521,130
531,180
18,271
18,271
18,271
1,463,501
1,539,401
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
954,560
501,180
495,180
501,180
507,180
495,180
596,570
948,560
1,245,040
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
219,256
549,451
972,831
519,451
513,451
519,451
525,451
513,451
614,841
966,831
1,263,311
9,961,426 1,998,602
Cash flow from operating activity Cash inflow
Cash received on sales Adjust depreciation Total cash inflow from operating activities
9,742,170
Cash outflow
Cost of goods sold
300,185
314,905
109,944
196,425
101,144
99,384
101,144
102,904
99,384
121,780
194,665
256,740
Marketing expense
140,210
104,795
39,458
67,676
37,478
37,082
77,353
37,874
37,082
44,049
67,005
86,573
776,633
Administrative Administrative expense
133,996
103,541
101,044
102,133
108,380
100,978
100,989
101,000
108,369
101,231
102,122
105,421
1,269,201
Cash paid for income tax Total cash outflow from operating activities Net cash flow from operating activities
268,342
305,062 305,062
82,475
177,911
74,415
75,221
65,555
77,639
73,206
97,561
176,777
32,555
1,506,720
-842,732
-828,302
-332,921
-544,144
- 321,416
-312,665
-345,041
-319,417
-318,040
-364,621
-540,568
-481,289
-5,551,157
620,769
711,099
216,530
428,687
198,035
200,786
174,410
206,034
195,411
250,221
426,263
782,023
15,512,584
-28,584
-28,584
-28,584
-28,584
-28,584
-28,584
-28,584
-28,584
-28,584
-28,584
-28,584
-728,584
-1,043,008
Cash flow from investing activity Cash inflow
Land & Building Equipment Adminstration tools Registration cost Telephone line &Internet Installment Website cost Bill board Logo Net cash flow from investing activities Cash flow from financing activity Cash inflow
Cash loan Cash outflow
Repayment for interest and principle loan Net cash flow from financing activities
Net Cash
620,769
711,099
216,530
428,687
198,035
200,786
174,410
206,034
195,411
250,221
426,263
782,023
4,410,269
Beginning cash
Net increase/decrease increase/decrease in cash
3,227,436
3,819,621
4,502,137
4,690,083
5,090,186
5,259,637
5,431,839
5,577,666
5,755,116
5,921,943
6,143,580
6,541,259
3,227,436
Ending cash
3,819,621
4,502,137
4,690,083
5,090,186
5,259,637
5,431,839
5,577,666
5,755,116
5,921,943
6,143,580
6,541,259
6,594,698
6,594,698
Meepo Studio Company Limited Statement Of Cash Flow For the year ended December, 31 2016 2016
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
1,796,440
1,899,510
652,250
1,192,190
622,250
616,250
622,250
628,250
745,250
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
1,822,784
1,925,854
678,594
1,218,534
648,594
642,594
648,594
654,594
Cost of goods sold
372,121
392,360
134,363
245,238
125,563
123,803
125,563
Marketing expense
44,825
44,825
44,825
44,825
44,825
44,825
44,825
143,745
113,356
110,221
111,607
117,557
110,155
110,166
Oct
Nov
Dec
Total
730,420
1,186,190
1,548,300
12,239,550
26,344
26,344
26,344
316,128
771,594
756,764
1,212,534
1,574,644
12,555,678
127,323
138,950
149,567
243,478
319,323
2,497,652
44,825
44,825
44,825
44,825
44,825
537,900
110,177
117,656
110,452
111,596
112,487
1,379,171
Cash flow from operating activity Cash inflow
Cash received on sales Adjust depreciation Total cash inflow from operating activities Cash outflow
Administrative Administrative expense Cash paid for income tax Total cash outflow from operating activities Net cash flow from operating activities
378,666
412,356
109,395
240,761
100,795
101,493
102,810
104,127
134,017
128,637
239,444
117,149
2,169,650
-939,357
-962,896
-398,804
-642,431
- 388,739
-380,276
-383,364
-386,452
-435,447
-433,480
-639,343
-593,784
-6,584,373
883,427
962,958
279,790
576,103
259,855
262,318
265,230
268,142
336,147
323,284
573,191
980,860
5,971,305
-24,500
-24,500
-24,500
-24,500
-24,500
-24,500
-24,500
-24,500
-24,500
-24,500
-24,500
-724,500
-994,000
Cash flow from investing activity Cash inflow
Land & Building Equipment Adminstration tools Registration cost Telephone line &Internet Installment Website cost Bill board Logo Net cash flow from investing activities Cash flow from financing activity Cash inflow
Cash loan Cash outflow
Repayment for interest and principle loan Net cash flow from financing activities
Net Cash
Net increase/decrease increase/decrease in cash
883,427
962,958
279,790
576,103
259,855
262,318
265,230
268,142
336,147
323,284
573,191
980,860
Beginning cash
6,594,698
7,453,625
8,392,082
8,647,372
9,198,976
9,434,331
9,672,149
9,912,879
10,156,521
10,468,168
10,766,951
11,315,643
5,971,305 6,594,698
Ending cash
7,453,625
8,392,082
8,647,372
9,198,976
9,434,331
9,672,149
9,912,879
10,156,521
10,468,168
10,766,951
11,315,643
11,572,003
11,572,003
Expense increase by 20% Meepo studio Company Limited Income Statement For the year ended December, 31 2012 2012
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
399,600
408,380
163,070
254,140
133,070
127,070
133,070
139,070
127,070
166,240
248,140
327,260
77,128
77,414
32,399
47,598
24,399
22,799
24,399
25,999
22,799
31,016
45,998
62,294
494,242
322,472
330,966
130,671
206,542
108,671
104,271
108,671
113,071
104,271
135,224
202,142
264,966
2,131,938
27,976
27,503
13,784
17,248
9,484
8,624
9,484
10,344
8,624
11,974
16,388
22,136
183,571
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
48,000
Revenues Sales Less: Cost of goods sold Gross margin
2,626,180
Marketing expense Sale commission Radio local Brochure Plate/ Poster/ Vinyl Website Total marketing expense
36,000
1,000
36,000
72,000
16,759
16,759
84,985
31,503
17,784
21,498
13,484
12,624
49,734
14,344
12,624
16,224
20,388
26,136
321,330
Operating expense & Administrative expense Salaries
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
752,400
Social security insurance
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
79,200
Office supplies
6,719
0
0
0
6,719
0
0
0
6,719
0
0
0
20,157
Utility expense
4,007
4,117
3,467
3,687
3,417
3,407
3,417
3,427
3,407
3,487
3,677
3,857
43,369
Fire insurance
12,247
Automobile Insurance Administrative Administrative depreciation
12,247
8,900 26,344
8,900 26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
316,128
Total administrative administrative expense
127,517
99,761
99,111
99,331
105,780
99,051 99,051
99,061
99,071
105,770
99,131 99,131
99,321
99,501
1,232,401
Operating, Marketing and Administrative Administrative expense
238,005
151,216
136,717
140,695
140,420
131,485
168,607
133,229
139,548
135,181
139,573
145,536
1,800,212
84,467
179,750
-6,046
65,847
-31,749
-27,214
-59,936
-20,158
-35,277
43
62,569
119,430
331,726 331,726
40,834
40,834
40,834
40,834
40,834
40,834
40,834
40,834
40,834
40,834
40,834
740,834
1,190,008
After interest income
43,633
138,916
-46,880
25,013
-72,583
-68,048
-100,770
-60,992
-76,111
-40,791
21,735
-621,404
-858,282
Income tax (30 %)
13,090
41,675
30,543
97,242
-621,404
-927,071
Earning before interest and tax Interest and loan expense
Net income
7,504 -46,880
17,509
6,520 -72,583
-68,048
-100,770
-60,992
-76,111
-40,791
15,214
68,789
Meepo studio Company Limited Income Statement For the year ended December, 31 2013 2013
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
Revenues Sales
750,810
773,860
284,140
490,280
254,140
248,140
254,140
260,140
248,140
301,580
490,670
630,520
Less: Cost of goods sold
142,525
146,451
54,598
91,396
46,598
44,998
46,598
48,198
44,998
56,855
91,327
119,188
4,986,560 933,730
Gross margin
608,285
627,409
229,542
398,884
207,542
203,142
207,542
211,942
203,142
244,725
399,343
511,332
4,052,830
49,549
49,932
21,548
31,917
17,248
16,388
17,248
18,108
16,388
20,595
31,440
40,831
331,194
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
48,000
Marketing expense Sale commission Radio local Brochure Plate/ Poster/ Vinyl Website Total marketing expense
36,000
1,000
36,000
72,000
500
500
90,299
53,932
25,548
36,167
21,248
20,388
57,498
22,108
20,388
24,845
35,440
44,831
452,694
Operating expense & Administrative expense Salaries
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
752,400
Social security insurance
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
79,200
Office supplies
6,719
0
0
0
6,719
0
0
0
6,719
0
0
0
20,157
Utility expense
32,967
4,867
3,737
4,217
3,687
3,677
3,687
21,967
3,677
3,727
4,227
4,547
94,979
Fire insurance
12,247
0
0
0
0
0
0
0
0
0
0
0
12,247
8,900
0
0
0
0
0
0
0
0
0
0
0
8,900
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
219,256
Automobile Insurance Administrative Administrative depreciation Total administrative administrative expense
148,404
92,438
91,308
91,788
97,977
91,248
91,258
109,538
97,967
91,298
91,798
92,118
1,187,140
Operating, Marketing and Administrative Administrative expense
268,384
164,857
135,118
146,312
138,821 138,821
129,886
167,008
153,554
137,949
134,402 134,402
145,598
155,373
1,877,262
Earning before interest and tax
339,901
462,552
94,424
252,572
68,721
73,256
40,534
58,388
65,193
110,323
253,745
355,959
2,175,568
36,750
36,750
36,750
36,750
36,750
36,750
36,750
36,750
36,750
36,750
36,750
736,750
1,141,000
After interest income
303,151
425,802
57,674
215,822
31,971
36,506
3,784
21,638
28,443
73,573
216,995
-380,791
1,034,568
Income tax (30 %)
90,945
127,741
17,302
64,746
9,591
10,952
1,135
6,491
8,533
22,072
65,099
212,206
298,061
40,372
151,075
22,380
25,554
2,649
15,147
19,910
51,501
151,897
Interest and loan expense
Net income
424,608 -380,791
609,960
Meepo studio Company Limited Income Statement For the year ended December, 31 2014 2014
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
Revenues Sales
1,087,630
1,155,650
405,210
718,420
375,210
369,210
375,210
381,210
369,210
448,330
712,420
941,780
7,339,490
Less: Cost of goods sold
205,967
217,240
76,797
134,770
68,797
67,197
68,797
70,397
67,197
83,493
133,170
176,506
1,370,328
Gross margin
881,663
938,410
328,413
583,650
306,413
302,013
306,413
310,813
302,013
364,837
579,250
765,274
5,969,162
45,049
46,432
17,048
29,417
15,248
14,888
15,248
15,608
14,888
18,095
29,440
37,831
299,194
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
48,000
Marketing expense Sale commission Radio local Brochure Plate/ Poster/ Vinyl Website Total marketing expense
36,000
1,000
36,000
72,000
500
500
85,799
50,432
21,048
33,667
19,248
18,888
55,498
19,608
18,888
22,345
33,440
41,831
420,694
Operating expense & Administrative expense Salaries
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
752,400
Social security insurance
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
79,200
Office supplies
6,719
0
0
0
6,719
0
0
0
6,719
0
0
0
20,157
Utility expense
5,567
5,717
4,007
4,747
3,957
3,947
3,957
3,967
3,947
4,127
4,737
5,237
53,909
Fire insurance
12,247
Automobile Insurance Administrative Administrative depreciation
12,247
8,900 18,271
8,900 18,271 18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
219,256
Total administrative administrative expense
121,004
93,288
91,578
92,318
98,247
91,518
91,528
91,538
98,237
91,698
92,308
92,808
1,146,070
Operating, Marketing and Administrative Administrative expense
231,004
162,377
130,942
144,448
137,145
128,710
165,332
129,454
136,773
132,382 132,382
144,210
153,201
1,795,978
Earning before interest and tax
650,659
776,033
197,471
439,202
169,268
173,303
141,081
181,359
165,240
232,455
435,040
612,073
4,173,184
32,667
32,667
32,667
32,667
32,667
32,667
32,667
32,667
32,667
32,667
32,667
732,667
1,092,004
After interest income
617,992
743,366
164,804
406,535
136,601
140,636
108,414
148,692
132,573
199,788
402,373
-120,594
3,081,180
Income tax (30 %)
185,398
223,010
49,441
121,960
40,980
42,191
32,524
44,608
39,772
59,936
120,712
432,594
520,356
115,363
284,574
95,621
98,445
75,890
104,084
92,801
139,851
281,661
-120,594
2,120,648
Interest and loan expense
Net income
960,532
Meepo studio Company Limited Income Statement For the year ended December, 31 2015 2015
Jan
Feb Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
1,445,230
1,521,130
272,895
286,277
531,180
954,560
501,180
495,180
501,180
507,180
495,180
99,949
178,568
91,949
90,349
91,949
93,549
90,349
1,172,335
1,234,853
431,231
775,992
409,231
404,831
409,231
413,631
404,831
86,714
91,268
31,871
57,274
30,071
29,711
30,071
30,431
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
Oct
Nov
Dec
Total
596,570
948,560
1,245,040
9,742,170
110,709
176,968
233,400
1,816,911
485,861
771,592
1,011,640
7,925,259
29,711
35,794
56,914
74,702
584,530
4,000
4,000 250
4,000
4,000
48,000
Revenues Sales Less: Cost of goods sold Gross margin Marketing expense Sale commission Radio local Brochure Plate/ Poster/ Vinyl Website Total marketing expense
36,000
1,000
36,000
72,000
500
500
127,464
95,268
35,871
61,524
34,071
33,711
70,321
34,431
33,711
40,044
60,914
78,702
706,030
Operating expense & Administrative expense Salaries
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
752,400
Social security insurance
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
79,200
Office supplies
6,719
0
0
0
6,719
0
0
0
6,719
0
0
0
20,157
Utility expense
6,377
6,557
4,287
5,277
4,237
4,227
4,237
4,247
4,227
4,457
5,267
8,266
61,659
Fire insurance
12,247
Automobile Insurance Administrative Administrative depreciation
12,247
8,900 18,271
8,900 18,271 18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
219,256
Total administrative administrative expense
121,814
94,128
91,858
92,848
98,527
91,798
91,808
91,818
98,517
92,028
92,838
95,837
1,153,819
Operating, Marketing and Administrative Administrative expense
273,641
208,221
146,100
172,941
152,303 152,303
143,868
180,490
144,612 144,612
151,931
150,478
172,319 172,319
193,707
2,090,613
Earning before interest and tax
898,694
1,026,632
285,131
603,051
256,928
260,963
228,741
269,019
252,900
335,383
599,273
817,933
5,834,646
28,584
28,584
28,584
28,584
28,584
28,584
28,584
28,584
28,584
28,584
28,584
728,584
1,043,008
After interest income
870,110
998,048
256,547
574,467
228,344
232,379
200,157
240,435
224,316
306,799
570,689
89,349
4,791,638
Income tax (30 %)
261,033
299,414
76,964
172,340
68,503
69,714
60,047
72,130
67,295
92,040
171,207
26,805
1,437,491
609,077
698,633
179,583
402,127
159,841
162,665
140,110
168,304
157,021
214,759
399,482
62,544
3,354,146
Interest and loan expense
Net income
Meepo studio Company Limited Income Statement For the year ended December, 31 2016 2016
Jan
Feb
Mar
Apr
1,796,440 338,292
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
1,899,510
652,250
1,192,190
622,250
616,250
622,250
628,250
356,691
122,148
222,944
114,148
112,548
114,148
115,748
745,250
730,420
1,186,190
1,548,300
12,239,550
126,318
135,970
221,344
290,294
1,458,148
1,542,819
530,102
969,246
508,102
503,702
508,102
512,502
2,270,593
618,932
594,450
964,846
1,258,006
9,968,957
107,786
113,971
39,135
71,531
37,335
36,975
37,335
4,000 250
4,000 250
4,000 250
4,000 250
4,000 250
4,000 250
4,000 250
37,695
44,715
43,825
71,171
92,898
734,373
4,000 250
4,000 250
4,000 250
4,000 250
4,000 250
48,000
36,000
36,000
36,000
36,000
36,000
36,000
36,000
36,000
36,000
36,000
36,000
36,000
432,000
Revenues Sales Less: Cost of goods sold Gross margin Marketing expense Sale commission Radio local Brochure Plate/ Poster/ Vinyl Website Total marketing expense
3,000
500
500
500
500
500
500
500
500
500
500
500
500
6,000
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
489,000 489,000
Operating expense & Administrative expense Salaries
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
752,400
Social security insurance
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
79,200
Office supplies
6,719
0
0
0
6,719
0
0
0
6,719
0
0
0
20,157
Utility expense
7,167
7,407
4,557
5,817
4,507
4,497
4,507
4,517
4,597
4,767
5,807
6,617
64,759
Fire insurance
12,247
Automobile Insurance Administrative Administrative depreciation
12,247
8,900 26,344
8,900 26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344 26,344
316,128 316,128
Total administrative administrative expense
130,677
103,051
100,201
101,461
106,870
100,141
100,151
100,161
106,960
100,411
101,451
102,261
1,253,791
Operating, Marketing and Administrative Administrative expense
179,577
151,951
149,101
150,361
155,770
149,041
149,051 149,051
149,061
155,860
149,311
150,351
151,161
1,840,591
1,278,571
1,390,868
381,001
818,885
352,332
354,661
359,051
363,441
463,072
445,139
814,495
1,106,845
8,128,366
24,500
24,500
24,500
24,500
24,500
24,500
24,500
24,500
24,500
24,500
24,500
724,500
994,000
1,254,071
1,366,368
356,501
794,385
327,832
330,161
334,551
338,941
438,572
420,639
789,995 789,995
382,345 382,345
7,134,366
Earning before interest and tax Interest and loan expense After interest income Income tax (30 %) Net income
376,221
409,911
106,950
238,316
98,350
99,048
100,365
101,682
131,572
126,192
236,999
114,704
2,140,310
877,850
956,458
249,551
556,070
229,483
231,113
234,186
237,259
307,001
294,448
552,997
267,642
4,994,056
Meepo Studio Company Limited Statement Of Cash Flow For the year ended December, 31 2012 2012
Before operating
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
399,600
408,380
163,070
254,140
133,070
127,070
133,070
139,070
127,070
166,240
248,140
327,260
2,626,180
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
316,128
425,944
434,724
189,414
280,484
159,414
153,414
159,414
165,414
153,414
192,584
274,484
353,604
2,942,308
Cash flow from operating activity Cash inflow
Cash received on sales Adjust depreciation Total cash inflow from operating activities Cash outflow
92,554
92,897
38,879
57,118
29,279
27,359
29,279
31,199
27,359
37,219
55,198
74,753
593,090
Marketing expense
Cost of goods sold
101,982
37,803
21,341
25,798
16,181
15,149
59,681
17,213
15,149
19,469
24,466
31,363
385,596
Administrative Administrative expense
153,020
119,713
118,933
119,197
126,936
118,861
118,873
118,885
126,924
118,957
119,185
119,401
1,478,882
20,741 368,297
47,661 298,073
0 179,153
13,464 215,576
0 172,395
0 161,369
0 207,833
0 167,297
0 169,431
0 175,645
12,480 211,328
0 225,516
94,345 2,551,913
57,647
136,651
10,261
64,908
-12,981 -12,981
-7,955
-48,419 -48,419
-1,883
-16,017 -16,017
16,939
63,156
128,088
5,494,221
-40,83 -40,834 4
-40,83 -40,834 4
-40,83 -40,834 4
-40,83 -40,834 4
-40,83 -40,834 4
-40,83 -40,834 4
-40,83 -40,834 4
-40,834 -40,834
-40,83 -40,834 4
-40,83 -40,834 4
-40,83 -40,834 4
-
-
Cash paid for income tax Total cash outflow from operating activities Net cash flow from operating activities Cash flow from investing activity Cash inflow
Land & Building
4,100,000
Equipment
1,419,227
Adminstration tools Registration cost Telephone line &Internet Installment Website cost Bill board Logo Net cash flow from investing activities
549,164 44,500 1,099 16,759 1,600 1,200 6,133,549
Cash flow from financing activity Cash inflow
Cash loan
7,000,000
Cash outflow
Repay Repaymen mentt for intere interest st and princi principle ple
loan
740,834
1,190,008
390,395
Net cash flow from financing activities Net Cash
Net increase/decrease increase/decrease in cash
866,451
Beginning cash Ending cash
866,451
57,647
136,651
10,261
64,908
-12,981
-7,955
-48,419
-1,883
-16,017
16,939
63,156
128,088
866,451
883,264
979,081
948,508
972,582
918,767
869,978
780,726
738,009
681,158
657,263
679,585
0
883,264
979,081
948,508
972,582
918,767
869,978
780,726
738,009
681,158
657,263
679,585
66,838
66,838
Meepo Studio Company Limited Statement Of Cash Flow For the year ended December, 31 2013 2013
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
750,810
773,860
284,140
490,280
254,140
248,140
254,140
260,140
248,140
301,580
490,670
630,520
4,986,560
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
219,256
769,081
792,131
302,411
508,551
272,411
266,411
272,411
278,411
266,411
319,851
508,941
648,791
5,205,816 1,120,476
Cash flow from operating activity Cash inflow
Cash received on sales Adjust depreciation Total cash inflow from operating activities Cash outflow
Cost of goods sold
171,030
175,741
65,518
109,675
55,918
53,998
55,918
57,838
53,998
68,226
109,592
143,026
Marketing expense
108,359
64,718
30,658
43,400
25,498
24,466
68,998
26,530
24,466
29,814
42,528
53,797
543,233
Administrative Administrative expense
178,085
110,926
109,570
110,146
117,572
109,498
109,510
131,446
117,560
109,558
110,158
110,542
1,424,568
Cash paid for income tax Total cash outflow from operating activities Net cash flow from operating activities
99,850
133,287
22,781
70,254
15,470
16,427
6,611
13,064
14,411
27,550
70,606
0
490,309
-557,323
- 484,672
-228,526
-333,475
- 214,458
-204,388
-241,036
-228,877
-210,435
-235,147
-332,885
- 307,365
-3,578,586
211,758
307,460
73,885
175,077
57,953
62,023
31,375
49,534
55,976
84,704
176,057
341,427
1,627,231
-36,750
-36,750
-36,750
-36,750
-36,750
-36,750
-36,750
-36,750
-36,750
-36,750
-36,750
-736,750
-1,141,000
Cash flow from investing activity Cash inflow
Land & Building Equipment Adminstration tools Registration cost Telephone line &Internet Installment Website cost Bill board Logo Net cash flow from investing activities Cash flow from financing activity Cash inflow
Cash loan Cash outflow
Repayment for interest and principle loan Net cash flow from financing activities
Net Cash
Net increase/decrease increase/decrease in cash Beginning cash Ending cash
211,758
307,460
73,885
175,077
57,953
62,023 62,023
31,375
49,534
55,976
84,704
176,057
341,427
66,838
241,846
512,556
549,692
688,018
709,222
734,495
729,120
741,905
761,131
809,086
948,392
1,627,231 66,838
241,846
512,556
549,692
688,018
709,222
734,495
729,120
741,905
761,131
809,086
948,392
553,069
553,069
Meepo Studio Company Limited Statement Of Cash Flow For the year ended December, 31 2014 2014
Jan
Feb
1,087,630
1,155,650
18,271
18,271
1,105,901
1,173,921
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
405,210
718,420
375,210
369,210
375,210
381,210
369,210
448,330
712,420
941,780
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
219,256
423,481
736,691
393,481
387,481
393,481
399,481
387,481
466,601
730,691
960,051
7,558,746 1,644,394
Cash flow from operating activity Cash inflow
Cash received on sales Adjust depreciation Total cash inflow from operating activities
7,339,490
Cash outflow
Cost of goods sold
247,160
260,688
92,156
161,724
82,556
80,636
82,556
84,476
80,636
100,192
159,804
211,807
Marketing expense
102,959
60,518
25,258
40,400
23,098
22,666
66,598
23,530
22,666
26,814
40,128
50,197
504,833
Administrative Administrative expense
145,205
111,946
109,894
110,782
117,896
109,822
109,834
109,846
117,884
110,038
110,770
111,370
1,375,284
Cash paid for income tax Total cash outflow from operating activities Net cash flow from operating activities
192,658
228,607
54,936
127,499
46,875
47,682
38,016
50,100
45,666
65,438
126,250
0
1,023,728
-687,982
-661,759
-282,244
- 440,405
-270,426
-260,806
-297,004
-267,952
-266,853
-302,481
-436,952
-373,374
- 4,548,238
417,919
512,163
141,237
296,286
123,055
126,675
96,477
131,529
120,628
164,120
293,739
586,677
3,010,508
-32,667
-32,667
-32,667
-32,667
-32,667
-32,667
-32,667
-32,667
-32,667
-32,667
-32,667
-732,667
-1,092,004
Cash flow from investing activity Cash inflow
Land & Building Equipment Adminstration tools Registration cost Telephone line &Internet Installment Website cost Bill board Logo Net cash flow from investing activities Cash flow from financing activity Cash inflow
Cash loan Cash outflow
Repayment for interest and principle loan Net cash flow from financing activities
Net Cash
Net increase/decrease increase/decrease in cash
417,919
512,163
141,237
296,286
123,055
126,675
96,477
131,529
120,628
164,120
293,739
586,677
Beginning cash
553,069
938,321
1,417,817
1,526,388
1,790,007
1,880,395
1,974,404
2,038,214
2,137,077
2,225,038
2,356,491
2,617,563
3,010,508 553,069
Ending cash
938,321
1,417,817
1,526,388
1,790,007
1,880,395
1,974,404
2,038,214
2,137,077
2,225,038
2,356,491
2,617,563
2,471,573
2,471,573
Meepo Studio Company Limited Statement Of Cash Flow For the year ended December, 31 2015 2015
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
1,445,230
1,521,130
531,180
954,560
501,180
495,180
501,180
507,180
495,180
596,570
948,560
1,245,040
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
219,256
1,463,501
1,539,401
549,451
972,831
519,451
513,451
519,451
525,451
513,451
614,841
966,831
1,263,311
9,961,426 2,180,293
Cash flow from operating activity Cash inflow
Cash received on sales Adjust depreciation Total cash inflow from operating activities
9,742,170
Cash outflow
Cost of goods sold
327,474
343,532
119,939
214,282
110,339
108,419
110,339
112,259
108,419
132,851
212,362
280,080
Marketing expense
152,957
114,321
43,045
73,828
40,885
40,453
84,385
41,317
40,453
48,053
73,096
94,443
847,236
Administrative Administrative expense
146,177
112,954
110,230
111,418
118,232
110,158
110,170
110,182
118,220
110,434
111,406
115,005
1,384,583
Cash paid for income tax Total cash outflow from operating activities Net cash flow from operating activities
268,342
305,062
82,475
177,911
74,415
75,221 75,221
65,555
77,639
73,206
97,561
176,777
32,555
1,506,720
-894,950
-875,869
-355,689
- 577,438
-343,871
-334,251
- 370,449
-341,397
-340,298
-388,899
-573,640
-522,083
-5,918,833
568,552
663,532
193,763
395,393 395,393
175,580 175,580
179,201 179,201
149,003 149,003
184,055 184,055
173,153 173,153
225,943
393,191
741,229
15,880,260
-28,584
-28,584
-28,584
-28,584
-28,584
-28,584
-28,584
-28,584
-28,584
-28,584
-28,584
-728,584
-1,043,008
Cash flow from investing activity Cash inflow
Land & Building Equipment Adminstration tools Registration cost Telephone line &Internet Installment Website cost Bill board Logo Net cash flow from investing activities Cash flow from financing activity Cash inflow
Cash loan Cash outflow
Repayment for interest and principle loan Net cash flow from financing activities
Net Cash
568,552
663,532
193,763
395,393
175,580
179,201
149,003
184,055
173,153
225,943
393,191
741,229
4,042,593
Beginning cash
Net increase/decrease increase/decrease in cash
2,471,573
3,011,541
3,646,489
3,811,668
4,178,477
4,325,473
4,476,090
4,596,508
4,751,979
4,896,548
5,093,907
5,458,514
2,471,573
Ending cash
3,011,541
3,646,489
3,811,668
4,178,477
4,325,473
4,476,090
4,596,508
4,751,979
4,896,548
5,093,907
5,458,514
5,471,159
5,471,159
Meepo Studio Company Limited Statement Of Cash Flow For the year ended December, 31 2016 2016
Jan
Feb
1,796,440
1,899,510
26,344
26,344
1,822,784
Cost of goods sold Marketing expense
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
652,250
1,192,190
622,250
616,250
622,250
628,250
745,250
730,420
1,186,190
1,548,300
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
316,128
1,925,854
678,594
1,218,534
648,594
642,594
648,594
654,594
771,594
756,764
1,212,534
1,574,644
12,555,678
405,950
428,029
146,578
267,533
136,978
135,058
136,978
138,898
151,582
163,164
265,613
348,353
2,724,712
48,900
48,900
48,900
48,900
48,900
48,900
48,900
48,900
48,900
48,900
48,900
48,900
586,800
156,812
123,661
120,241
121,753
128,244
120,169
120,181
120,193
128,352
120,493
121,741
122,713
1,504,550
Cash flow from operating activity Cash inflow
Cash received on sales Adjust depreciation Total cash inflow from operating activities
12,239,550
Cash outflow
Administrative Administrative expense Cash paid for income tax Total cash outflow from operating activities Net cash flow from operating activities
378,666
412,356
109,395
240,761
100,795
101,493
102,810
104,127
134,017
128,637
239,444
117,149
2,169,650 2,169,650
-990,329
-1,012,945
-425,114
-678,946
-414,916
-405,620
-408,869
-412,118
-462,850
-461,194
-675,697
-637,114
-6,985,711
832,455
912,909
253,480
539,588
233,678
236,974
239,725
242,476
308,744
295,570
536,837
937,530
5,569,967
-24,500
-24,500
-24,500
-24,500
-24,500
-24,500
-24,500
-24,500
-24,500
-24,500
-24,500
-724,500
-994,000
Cash flow from investing activity Cash inflow
Land & Building Equipment Adminstration tools Registration cost Telephone line &Internet Installment Website cost Bill board Logo Net cash flow from investing activities Cash flow from financing activity Cash inflow
Cash loan Cash outflow
Repayment for interest and principle loan Net cash flow from financing activities
Net Cash
832,455
912,909
253,480
539,588
233,678
236,974
239,725
242,476
308,744
295,570
536,837
937,530
5,569,967
Beginning cash
Net increase/decrease increase/decrease in cash
5,471,159
6,279,114
7,167,522
7,396,503
7,911,590
8,120,769
8,333,243
8,548,468
8,766,444
9,050,689
9,321,759
9,834,096
5,471,159
Ending cash
6,279,114
7,167,522
7,396,503
7,911,590
8,120,769
8,333,243
8,548,468
8,766,444
9,050,689
9,321,759
9,834,096
10,047,126
10,047,126
Sale reduce by 10%, Expense increase by 10% Meepo studio Company Limited Income Statement For the year ended December, 31 2012 2012
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
Revenues Sales Less: Cost of goods sold Gross margin
359,640
367,542
146,763
228,726
119,763
114,363
119,763
125,163
114,363
149,616
223,326
294,534
69,415
69,673
29,159 29,159
42,838
21,959
20,519
21,959
23,399 23,399
20,519
27,914
41,398 41,398
56,065
2,363,562 444,818
290,225
297,869
117,604
185,888
97,804
93,844
97,804
101,764
93,844
121,702
181,928
238,469
1,918,744
27,976
27,503
13,784
17,248
9,484
8,624
9,484
10,344
8,624
11,974
16,388
22,136
183,571
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
48,000
Marketing expense Sale commission Radio local Brochure Plate/ Poster/ Vinyl Website Total marketing expense
36,000
1,000
36,000
72,000
16,759
16,759
84,985
31,503
17,784
21,498
13,484
12,624
49,734
14,344
12,624
16,224
20,388
26,136
321,330
Operating expense & Administrative expense Salaries
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
752,400
Social security insurance
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
79,200
Office supplies
6,719
0
0
0
6,719
0
0
0
6,719
0
0
0
20,157
Utility expense
4,007
4,117
3,467
3,687
3,417
3,407
3,417
3,427
3,407
3,487
3,677
3,857
43,369
Fire insurance
12,247
Automobile Insurance Administrative Administrative depreciation
12,247
8,900 26,344
8,900 26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
316,128
Total administrative administrative expense
127,517
99,761
99,111
99,331
105,780
99,051
99,061
99,071
105,770
99,131
99,321 99,321
99,501
1,232,401
Operating, Marketing and Administrative Administrative expense
225,254
141,239
126,806
130,762
129,842
121,580
158,701
123,322
128,971
125,268
129,641
135,586
1,676,971
64,971
156,630
-9,202
55,126
-32,038
-27,736
-60,897
-21,558
-35,127
-3,566
52,287
102,883
241,773
40,834
40,834
40,834
40,834
40,834
40,834
40,834
40,834
40,834
40,834
40,834
740,834
1,190,008
24,137
115,796
-50,036
14,292
-72,872
-68,570
-101,731
-62,392
-75,961
-44,400
11,453 11,453
-637,951
-948,235
7,241
34,739
16,896
81,057
-637,951
-997,938
Earning before interest and tax Interest and loan expense After interest income Income tax (30 %) Net income
4,288 -50,036
10,004
3,436 -72,872
-68,570
-101,731
-62,392
-75,961
-44,400
8,017
49,703
Meepo studio Company Limited Income Statement For the year ended December, 31 2013 2013
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total 4,487,904
Revenues Sales
675,729
696,474
255,726
441,252
228,726
223,326
228,726
234,126
223,326
271,422
441,603
567,468
Less: Cost of goods sold
128,273
131,806
49,138
82,256
41,938
40,498
41,938
43,378
40,498
51,170
82,194
107,269
840,357
Gross margin
547,457
564,668
206,588
358,996
186,788
182,828
186,788
190,748
182,828
220,253
359,409
460,199
3,647,547
49,549
49,932
21,548
31,917
17,248
16,388
17,248
18,108
16,388
20,595
31,440
40,831
331,194
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
48,000
Marketing expense Sale commission Radio local Brochure Plate/ Poster/ Vinyl Website Total marketing expense
36,000
1,000
36,000
72,000
500
500
90,299
53,932
25,548
36,167
21,248
20,388
57,498
22,108
20,388
24,845
35,440
44,831
452,694
Operating expense & Administrative expense Salaries
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
752,400
Social security insurance
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
79,200
Office supplies
6,719
0
0
0
6,719
0
0
0
6,719
0
0
0
20,157
Utility expense
32,967
4,867
3,737
4,217
3,687
3,677
3,687
21,967
3,677
3,727
4,227
4,547
94,979
Fire insurance
12,247
Automobile Insurance Administrative Administrative depreciation
12,247
8,900 18,271
8,900 18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
219,256
Total administrative administrative expense
148,404
92,438
91,308
91,788
97,977
91,248
91,258
109,538
97,967
91,298
91,798
92,118
1,187,140
Operating, Marketing and Administrative Administrative expense
253,544
155,613
125,987
137,134
129,023
120,761
157,882
142,600
128,152
125,273 125,273
136,418
146,161
1,758,548
Earning before interest and tax
293,913
409,055
80,601
221,862
57,765
62,067
28,906
48,148
54,676
94,980
222,991
314,038
1,888,999
36,750
36,750
36,750
36,750
36,750
36,750
36,750
36,750
36,750
36,750
36,750
736,750
1,141,000
After interest income
257,163
372,305
43,851
185,112
21,015
25,317
-7,844
11,398
17,926
58,230
186,241
-422,712
747,999
Income tax (30 %)
77,149
111,691
13,155
55,534
6,304
7,595
3,419
5,378
17,469
55,872
180,014
260,613
30,695
129,578
14,710
17,722
7,978
12,548
40,761
130,369
Interest and loan expense
Net income
-7,844
353,567 -422,712
394,432
Meepo studio Company Limited Income Statement For the year ended December, 31 2014 2014
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Sales
978,867
1,040,085
Less: Cost of goods sold
185,370
195,516
Gross margin
793,497
Nov
Dec
Total
364,689
646,578
337,689
332,289
337,689
343,089
332,289
403,497
641,178
847,602
6,605,541
69,117
121,293
61,917
60,477
61,917
63,357
60,477
75,144
119,853
158,855
1,233,295
844,569
295,572
525,285
275,772
271,812
275,772
279,732
271,812
328,353
521,325
688,747
5,372,246
45,049
46,432
17,048
29,417
15,248
14,888
15,248
15,608
14,888
18,095
29,440
37,831
299,194
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
48,000
Revenues
Marketing expense Sale commission Radio local Brochure Plate/ Poster/ Vinyl Website Total marketing expense
36,000
1,000
36,000
72,000
500
500
85,799
50,432 50,432
21,048
33,667
19,248
18,888
55,498
19,608
18,888
22,345
33,440
41,831
420,694
Operating expense & Administrative expense Salaries
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
752,400
Social security insurance
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
79,200
Office supplies
6,719
0
0
0
6,719
0
0
0
6,719
0
0
0
20,157
Utility expense
5,567
5,717
4,007
4,747
3,957
3,947
3,957
3,967
3,947
4,127
4,737
5,237
53,909
Fire insurance
12,247
Automobile Insurance Administrative Administrative depreciation
12,247
8,900 18,271
8,900 18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
219,256
Total administrative administrative expense
121,004
93,288
91,578
92,318
98,247
91,518
91,528
91,538
98,237
91,698
92,308
92,808
1,146,070
Operating, Marketing and Administrative Administrative expense
218,904
153,048
121,784
135,217
127,320
119,558
156,179
120,300
126,949
123,213 123,213
134,979
143,920
1,681,371
Earning before interest and tax
574,593
691,521
173,788
390,068
148,452
152,254
119,593
159,432
144,863
205,141
386,346
544,827
3,690,875
32,667
32,667
32,667
32,667
32,667
32,667
32,667
32,667
32,667
32,667
32,667
732,667
1,092,004
After interest income
541,926
658,854
141,121
357,401
115,785
119,587
86,926
126,765
112,196
172,474
353,679
-187,840
2,598,871
Income tax (30 %)
162,578
197,656
42,336
107,220
34,735
35,876
26,078
38,029
33,659
51,742
106,104
379,348
461,198
98,784
250,181
81,049
83,711
60,848
88,735
78,537
120,732
247,575
-187,840
1,762,858
Interest and loan expense
Net income
836,013
Meepo studio Company Limited Income Statement For the year ended December, 31 2015 2015
Jan
Feb Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
1,300,707
1,369,017
245,606
257,649
1,055,102
Nov
Dec
478,062
859,104
451,062
445,662
451,062
456,462
445,662
89,954
160,711
82,754
81,314
82,754
84,194
81,314
1,111,368
388,108
698,393
368,308
364,348
368,308
372,268
86,714
91,268
31,871
57,274
30,071
29,711
30,071
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
Total
536,913
853,704
1,120,536
8,767,953
99,638
159,271
210,060
1,635,220
364,348
437,275
694,433
910,476
7,132,733
30,431
29,711
35,794
56,914
74,702
584,530
4,000
4,000
4,000 250
4,000
4,000
48,000
Revenues Sales Less: Cost of goods sold Gross margin Marketing expense Sale commission Radio local Brochure Plate/ Poster/ Vinyl Website Total marketing expense
36,000
1,000
36,000
72,000
500
500
127,464
95,268
35,871
61,524
34,071
33,711
70,321
34,431
33,711
40,044
60,914
78,702
706,030
Operating expense & Administrative expense Salaries
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
752,400
Social security insurance
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
79,200
Office supplies
6,719
0
0
0
6,719
0
0
0
6,719
0
0
0
20,157
Utility expense
6,377
6,557
4,287
5,277
4,237
4,227
4,237
4,247
4,227
4,457
5,267
8,266
61,659
Fire insurance
12,247
Automobile Insurance Administrative Administrative depreciation
12,247
8,900 18,271
8,900 18,271 18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
219,256
Total administrative administrative expense
121,814
94,128
91,858
92,848
98,527
91,798
91,808
91,818
98,517
92,028
92,838
95,837
1,153,819
Operating, Marketing and Administrative Administrative expense
261,460
198,809
136,915
163,656
142,450 142,450
134,689
171,310
135,431 135,431
142,079
141,275
163,035 163,035
184,123
1,975,232
Earning before interest and tax
793,642
912,559
251,193
534,736
225,857
229,659
196,998
236,837
222,268
296,000
531,397
726,353
5,157,502
28,584
28,584
28,584
28,584
28,584
28,584
28,584
28,584
28,584
28,584
28,584
728,584
1,043,008
After interest income
765,058
883,975
222,609
506,152
197,273
201,075
168,414
208,253
193,684
267,416
502,813
-2,231
4,114,494
Income tax (30 %)
229,517
265,193
66,783
151,846
59,182
60,323
50,524
62,476
58,105
80,225
150,844
-669
1,234,348
535,541
618,783
155,827
354,307
138,091
140,753
117,890
145,777
135,579
187,191
351,969
-1,562
2,880,145
Interest and loan expense
Net income
Meepo studio Company Limited Income Statement For the year ended December, 31 2016 2016
Jan
Feb
Mar
Apr
1,616,796 304,463
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
1,709,559
587,025
1,072,971
560,025
554,625
560,025
565,425
321,022
109,933
200,650
102,733
101,293
102,733
104,173
670,725
657,378
1,067,571
1,393,470
11,015,595
113,686
122,373
199,210
261,265
1,312,333
1,388,537
477,092
872,321
457,292
453,332
457,292
461,252
2,043,534
557,039
535,005
868,361
1,132,205
8,972,061
107,786
113,971
39,135
71,531
37,335
36,975
37,335
4,000 250
4,000 250
4,000 250
4,000 250
4,000 250
4,000 250
4,000 250
37,695
44,715
43,825
71,171
92,898
734,373
4,000 250
4,000 250
4,000 250
4,000 250
4,000 250
48,000
36,000
36,000
36,000
36,000
36,000
36,000
36,000
36,000
36,000
36,000
36,000
36,000
432,000
Revenues Sales Less: Cost of goods sold Gross margin Marketing expense Sale commission Radio local Brochure Plate/ Poster/ Vinyl Website Total marketing expense
3,000
500
500
500
500
500
500
500
500
500
500
500
500
6,000
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
489,000 489,000
Operating expense & Administrative expense Salaries
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
752,400
Social security insurance
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
79,200
Office supplies
6,719
0
0
0
6,719
0
0
0
6,719
0
0
0
20,157
Utility expense
7,167
7,407
4,557
5,817
4,507
4,497
4,507
4,517
4,597
4,767
5,807
6,617
64,759
Fire insurance
12,247
Automobile Insurance Administrative Administrative depreciation
12,247
8,900 26,344
8,900 26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344 26,344
316,128 316,128
Total administrative administrative expense
130,677
103,051
100,201
101,461
106,870
100,141
100,151
100,161
106,960
100,411
101,451
102,261
1,253,791
Operating, Marketing and Administrative Administrative expense
175,502
147,876
145,026
146,286
151,695
144,966
144,976 144,976
144,986
151,785
145,236
146,276
147,086
1,791,691
1,136,831
1,240,662
332,066
726,036
305,597
308,366
312,316
316,266
405,254
389,769
722,086
985,120
7,180,370
24,500
24,500
24,500
24,500
24,500
24,500
24,500
24,500
24,500
24,500
24,500
724,500
994,000
1,112,331
1,216,162
307,566
701,536
281,097
283,866
287,816
291,766
380,754
365,269
697,586 697,586
260,620 260,620
6,186,370
Earning before interest and tax Interest and loan expense After interest income Income tax (30 %) Net income
333,699
364,848
92,270
210,461
84,329
85,160
86,345
87,530
114,226
109,581
209,276
78,186
1,855,911
778,632
851,313
215,296
491,075
196,768
198,706
201,471
204,236
266,528
255,689
488,310
182,434
4,330,459
Meepo Studio Company Limited Statement Of Cash Flow For the year ended December, 31 2012 2012
Before operating
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
359,640
367,542
146,763
228,726
119,763
114,363
119,763
125,163
114,363
149,616
223,326
294,534
2,363,562
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
316,128
385,984
393,886
173,107
255,070
146,107
140,707
146,107
151,507
140,707
175,960
249,670
320,878
2,679,690
Cash flow from operating activity Cash inflow
Cash received on sales Adjust depreciation Total cash inflow from operating activities Cash outflow
Cost of goods sold
76,357
76,640
32,075
47,122
24,155
22,571
24,155
25,739
22,571
30,706
45,538
61,671
489,300
Marketing expense
93,484
34,653
19,563
23,648
14,833
13,887
54,708
15,779
13,887
17,847
22,427
28,749
353,463
140,269
109,737
109,022
109,264
116,358
108,956
108,967
108,978
116,347
109,044
109,253
109,451
1,355,642
11,067 321,175
37,732 258,761
0 160,659
7,267 187,301
0 155,345
0 145,413
0 187,829
0 150,495
0 152,804
0 157,596
6,415 183,633
0 199,871
62,481 2,260,885
64,809
135,125
12,448
67,769
-9,238
-4,706
-41,722
1,012
-12,097
18,364
66,037
121,007
4,940,575
-40,83 -40,834 4
-40,83 -40,834 4
-40,83 -40,834 4
-40,83 -40,834 4
-40,83 -40,834 4
-40,83 -40,834 4
-40,83 -40,834 4
-40,834 -40,834
-40,83 -40,834 4
-40,83 -40,834 4
-40,83 -40,834 4
-
-
Administrative Administrative expense Cash paid for income tax Total cash outflow from operating activities Net cash flow from operating activities Cash flow from investing activity Cash inflow
Land & Building
4,100,000
Equipment
1,419,227
Adminstration tools Registration cost Telephone line &Internet Installment Website cost Bill board Logo Net cash flow from investing activities
549,164 44,500 1,099 16,759 1,600 1,200 6,133,549
Cash flow from financing activity Cash inflow
Cash loan
7,000,000
Cash outflow
Repay Repaymen mentt for intere interest st and princi principle ple
loan
740,834
1,190,008
418,805
Net cash flow from financing activities Net Cash
Net increase/decrease increase/decrease in cash
866,451
Beginning cash Ending cash
866,451
64,809
135,125
12,448 12,448
67,769
-9,238
-4,706
-41,722
1,012
-12,097
18,364
66,037
121,007
866,451
890,426
984,716
956,330
983,265
933,193
887,652
805,096
765,274
712,342
689,872
715,075
0
890,426
984,716
956,330
983,265
933,193
887,652
805,096
765,274
712,342
689,872
715,075
95,248
95,248
Meepo Studio Company Limited Statement Of Cash Flow For the year ended December, 31 2013 2013
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
675,729
696,474
255,726
441,252
228,726
223,326
228,726
234,126
223,326
271,422
441,603
567,468
4,487,904
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
219,256
694,000
714,745
273,997
459,523
246,997
241,597
246,997
252,397
241,597
289,693
459,874
585,739
4,707,160
Cost of goods sold
141,100
144,986
54,052
90,482
46,132
44,548
46,132
47,716
44,548
56,286
90,414
117,996
924,393
Marketing expense
99,329
59,325
28,103
39,783
23,373
22,427
63,248
24,319
22,427
27,329
38,984
49,314
497,963
163,245
101,682
100,439
100,967
107,775
100,373
100,384
120,492
107,764
100,428
100,978
101,330
1,305,854
99,850
133,287
22,781
70,254
15,470
16,427
6,611
13,064
14,411
27,550
70,606
0
490,309
-503,523
- 439,280
-205,375
-301,486
- 192,750
-183,775
-216,375
-205,591
-189,150
-211,593
-300,982
- 268,640
-3,218,519
190,478
275,466
68,623
158,037
54,247
57,823
30,623
46,807
52,447
78,100
158,892
317,099
1,488,642
-36,750
-36,750
-36,750
-36,750
-36,750
-36,750
-36,750
-36,750
-36,750
-36,750
-36,750
-736,750
-1,141,000
Cash flow from operating activity Cash inflow
Cash received on sales Adjust depreciation Total cash inflow from operating activities Cash outflow
Administrative Administrative expense Cash paid for income tax Total cash outflow from operating activities Net cash flow from operating activities Cash flow from investing activity Cash inflow
Land & Building Equipment Adminstration tools Registration cost Telephone line &Internet Installment Website cost Bill board Logo Net cash flow from investing activities Cash flow from financing activity Cash inflow
Cash loan Cash outflow
Repayment for interest and principle loan Net cash flow from financing activities
Net Cash
Net increase/decrease increase/decrease in cash Beginning cash Ending cash
190,478
275,466
68,623
158,037
54,247
57,823 57,823
30,623
46,807
52,447
78,100
158,892
317,099
95,248
248,975
487,691
519,564
640,851
658,348
679,421
673,294
683,350
699,048
740,398
862,540
1,488,642 95,248
248,975
487,691
519,564
640,851
658,348
679,421
673,294
683,350
699,048
740,398
862,540
442,889
442,889
Meepo Studio Company Limited Statement Of Cash Flow For the year ended December, 31 2014 2014
Jan
Feb
978,867
1,040,085
18,271
18,271
997,138
Cost of goods sold Marketing expense
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
364,689
646,578
337,689
332,289
337,689
343,089
332,289
403,497
641,178
847,602
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
219,256
1,058,356 1,058,356
382,960
664,849
355,960
350,560
355,960
361,360
350,560
421,768
659,449
865,873
6,824,797
203,907
215,068
76,029
133,422
68,109
66,525
68,109
69,693
66,525
82,658
131,838
174,741
1,356,625
94,379
55,475
23,153
37,033
21,173
20,777
61,048
21,569
20,777
24,579
36,784
46,014
462,763
133,105
102,617
100,736
101,550
108,072
100,670
100,681
100,692
108,061
100,868
101,539
102,089
1,260,677
Cash flow from operating activity Cash inflow
Cash received on sales Adjust depreciation Total cash inflow from operating activities
6,605,541
Cash outflow
Administrative Administrative expense Cash paid for income tax Total cash outflow from operating activities Net cash flow from operating activities
192,658
228,607
54,936
127,499
46,875
47,682
38,016
50,100
45,666
65,438
126,250
0
1,023,728
-624,049
-601,766
-254,854
-399,505
-244,229
-235,654
-267,854
- 242,054
-241,029
-273,543
-396,412
-322,844
- 4,103,793
373,090
456,590
128,106
265,344
111,731
114,906
88,106
119,306
109,531
148,225
263,038
543,029
2,721,005
-32,667
-32,667
-32,667
-32,667
-32,667
-32,667
-32,667
-32,667
-32,667
-32,667
-32,667
-732,667
-1,092,004
Cash flow from investing activity Cash inflow
Land & Building Equipment Adminstration tools Registration cost Telephone line &Internet Installment Website cost Bill board Logo Net cash flow from investing activities Cash flow from financing activity Cash inflow
Cash loan Cash outflow
Repayment for interest and principle loan Net cash flow from financing activities
Net Cash
Net increase/decrease increase/decrease in cash
373,090
456,590
128,106
265,344
111,731
114,906
88,106
119,306
109,531
148,225
263,038
543,029
Beginning cash
442,889
783,312
1,207,235
1,302,675
1,535,352
1,614,416
1,696,656
1,752,095
1,838,735
1,915,599
2,031,157
2,261,528
2,721,005 442,889
Ending cash
783,312
1,207,235
1,302,675
1,535,352
1,614,416
1,696,656
1,752,095
1,838,735
1,915,599
2,031,157
2,261,528
2,071,890 2,071,890
2,071,890
Meepo Studio Company Limited Statement Of Cash Flow For the year ended December, 31 2015 2015
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
1,300,707
1,369,017
478,062
859,104
451,062
445,662
451,062
456,462
445,662
536,913
853,704
1,120,536
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
219,256
1,318,978
1,387,288
496,333
877,375
469,333
463,933
469,333
474,733
463,933
555,184
871,975
1,138,807
8,987,209 1,798,742
Cash flow from operating activity Cash inflow
Cash received on sales Adjust depreciation Total cash inflow from operating activities
8,767,953
Cash outflow
Cost of goods sold
270,166
283,414
98,950
176,782
91,030
89,446
91,030
92,614
89,446
109,602
175,198
231,066
Marketing expense
140,210
104,795
39,458
67,676
37,478
37,082
77,353
37,874
37,082
44,049
67,005
86,573
776,633
Administrative Administrative expense
133,996
103,541
101,044
102,133
108,380
100,978
100,989
101,000
108,369
101,231
102,122
105,421
1,269,201
Cash paid for income tax Total cash outflow from operating activities Net cash flow from operating activities
268,342
305,062
82,475
177,911
74,415
75,221 75,221
65,555
77,639
73,206
97,561
176,777
32,555
1,506,720
-812,714
-796,812
-321,927
- 524,502
-311,302
-302,727
- 334,927
-309,127
-308,102
-352,443
-521,102
-455,615
-5,351,297
506,264
590,477
174,407
352,873 352,873
158,032 158,032
161,207 161,207
134,407 134,407
165,607 165,607
155,832 155,832
202,742
350,873
683,193
14,338,506
-28,584
-28,584
-28,584
-28,584
-28,584
-28,584
-28,584
-28,584
-28,584
-28,584
-28,584
-728,584
-1,043,008
Cash flow from investing activity Cash inflow
Land & Building Equipment Adminstration tools Registration cost Telephone line &Internet Installment Website cost Bill board Logo Net cash flow from investing activities Cash flow from financing activity Cash inflow
Cash loan Cash outflow
Repayment for interest and principle loan Net cash flow from financing activities
Net Cash
506,264
590,477
174,407
352,873
158,032
161,207
134,407
165,607
155,832
202,742
350,873
683,193
3,635,913
Beginning cash
Net increase/decrease increase/decrease in cash
2,071,890
2,549,570
3,111,463
3,257,286
3,581,575
3,711,023
3,843,646
3,949,468
4,086,491
4,213,739
4,387,896
4,710,186
2,071,890
Ending cash
2,549,570
3,111,463
3,257,286
3,581,575
3,711,023
3,843,646
3,949,468
4,086,491
4,213,739
4,387,896
4,710,186
4,664,795
4,664,795
Meepo Studio Company Limited Statement Of Cash Flow For the year ended December, 31 2016 2016
Jan
Feb
1,616,796
1,709,559
26,344
26,344
1,643,140
Cost of goods sold Marketing expense
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
587,025
1,072,971
560,025
554,625
560,025
565,425
670,725
657,378
1,067,571
1,393,470
11,015,595
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
316,128
1,735,903
613,369
1,099,315
586,369
580,969
586,369
591,769
697,069
683,722
1,093,915
1,419,814
11,331,723
334,909
353,124
120,927
220,715
113,007
111,423
113,007
114,591
125,055
134,610
219,131
287,391
2,247,887
44,825
44,825
44,825
44,825
44,825
44,825
44,825
44,825
44,825
44,825
44,825
44,825
537,900
143,745
113,356
110,221
111,607
117,557
110,155
110,166
110,177
117,656
110,452
111,596
112,487
1,379,171
Cash flow from operating activity Cash inflow
Cash received on sales Adjust depreciation Total cash inflow from operating activities Cash outflow
Administrative Administrative expense Cash paid for income tax Total cash outflow from operating activities Net cash flow from operating activities
378,666
412,356
109,395
240,761
100,795
101,493
102,810
104,127
134,017
128,637
239,444
117,149
2,169,650
-902,145
-923,660
-385,368
-617,907
- 376,183
-367,896
-370,808
-373,720
-421,552
-418,524
-614,995
-561,851
-6,334,607
740,995
812,243
228,001
481,408
210,186
213,073
215,561
218,049
275,517
265,198
478,920
857,963
4,997,116
-24,500
-24,500
-24,500
-24,500
-24,500
-24,500
-24,500
-24,500
-24,500
-24,500
-24,500
-724,500
-994,000
Cash flow from investing activity Cash inflow
Land & Building Equipment Adminstration tools Registration cost Telephone line &Internet Installment Website cost Bill board Logo Net cash flow from investing activities Cash flow from financing activity Cash inflow
Cash loan Cash outflow
Repayment for interest and principle loan Net cash flow from financing activities
Net Cash
740,995
812,243
228,001
481,408
210,186
213,073
215,561
218,049
275,517
265,198
478,920
857,963
4,997,116
Beginning cash
Net increase/decrease increase/decrease in cash
4,664,795
5,381,290
6,169,032
6,372,534
6,829,442
7,015,128
7,203,701
7,394,763
7,588,312
7,839,329
8,080,027
8,534,448
4,664,795
Ending cash
5,381,290
6,169,032
6,372,534
6,829,442
7,015,128
7,203,701
7,394,763
7,588,312
7,839,329
8,080,027
8,534,448
8,667,910
8,667,910
Sale reduce by 10%, Expense increase by 20% Meepo studio Company Limited Income Statement For the year ended December, 31 2012 2012
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
Revenues Sales Less: Cost of goods sold Gross margin
359,640
367,542
146,763
228,726
119,763
114,363
119,763
125,163
114,363
149,616
223,326
294,534
69,415
69,673
29,159
42,838
21,959
20,519
21,959
23,399
20,519
27,914
41,398
56,065
2,363,562 444,818 444,818
290,225
297,869
117,604
185,888
97,804
93,844
97,804
101,764
93,844
121,702
181,928
238,469
1,918,744
27,976
27,503
13,784
17,248
9,484
8,624
9,484
10,344
8,624
11,974
16,388
22,136
183,571
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
48,000
Marketing expense Sale commission Radio local Brochure Plate/ Poster/ Vinyl Website Total marketing expense
36,000
1,000
36,000
72,000
16,759
16,759
84,985
31,503
17,784
21,498
13,484
12,624
49,734
14,344
12,624
16,224
20,388
26,136
321,330
Operating expense & Administrative expense Salaries
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
752,400
Social security insurance
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
79,200
Office supplies
6,719
0
0
0
6,719
0
0
0
6,719
0
0
0
20,157
Utility expense
4,007
4,117
3,467
3,687
3,417
3,407
3,417
3,427
3,407
3,487
3,677
3,857
43,369
Fire insurance
12,247
Automobile Insurance Administrative Administrative depreciation
12,247
8,900 26,344
8,900 26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
316,128
Total administrative administrative expense
127,517
99,761 99,761
99,111
99,331
105,780
99,051
99,061
99,071
105,770
99,131
99,321
99,501
1,232,401
Operating, Marketing and Administrative Administrative expense
238,005
151,216
136,717
140,695
140,420
131,485
168,607
133,229
139,548
135,181
139,573
145,536
1,800,212
Earning before interest and tax Interest and loan expense After interest income Income tax (30 %) Net income
52,220
146,654
-19,113
45,193
-42,616
-37,641 -37,641
-70,803
-31,465
-45,704
-13,480
42,355
92,933
118,533
40,834
40,834
40,834
40,834 40,834
40,834
40,834
40,834
40,834
40,834
40,834
40,834
740,834
1,190,008
11,386
105,820
-59,947
4,359
-83,450
-78,475
-111,637
-72,299
-86,538
-54,314
1,521
-647,901
-1,071,475
3,416
31,746
7,970
74,074
-647,901
-1,108,401
1,308 -59,947
3,051
456 -83,450
-78,475
-111,637
-72,299
-86,538
-54,314
1,064
36,925
Meepo studio Company Limited Income Statement For the year ended December, 31 2013 2013
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total 4,487,904
Revenues Sales
675,729
696,474
255,726
441,252
228,726
223,326
228,726
234,126
223,326
271,422
441,603
567,468
Less: Cost of goods sold
128,273
131,806
49,138
82,256
41,938
40,498
41,938
43,378
40,498
51,170
82,194
107,269
840,357
Gross margin
547,457
564,668
206,588
358,996
186,788
182,828
186,788
190,748
182,828
220,253
359,409
460,199
3,647,547
49,549
49,932
21,548
31,917
17,248
16,388
17,248
18,108
16,388
20,595
31,440
40,831
331,194
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
48,000
Marketing expense Sale commission Radio local Brochure Plate/ Poster/ Vinyl Website Total marketing expense
36,000
1,000
36,000
72,000
500
500
90,299
53,932
25,548
36,167
21,248
20,388
57,498
22,108
20,388
24,845
35,440
44,831
452,694
Operating expense & Administrative expense Salaries
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
752,400
Social security insurance
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
79,200
Office supplies
6,719
0
0
0
6,719
0
0
0
6,719
0
0
0
20,157
Utility expense
32,967
4,867
3,737
4,217
3,687
3,677
3,687
21,967
3,677
3,727
4,227
4,547
94,979
Fire insurance
12,247
Automobile Insurance Administrative Administrative depreciation
12,247
8,900 18,271
8,900 18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
219,256
Total administrative administrative expense
148,404
92,438
91,308
91,788
97,977
91,248
91,258
109,538
97,967
91,298
91,798
92,118
1,187,140
Operating, Marketing and Administrative Administrative expense
268,384
164,857
135,118
146,312
138,821
129,886
167,008
153,554
137,949
134,402 134,402
145,598
155,373
1,877,262
Earning before interest and tax
279,072
399,811
71,470
212,683
47,967
52,942
19,780
37,194
44,879
85,850
213,811
304,826
1,770,285
36,750
36,750
36,750
36,750
36,750
36,750
36,750
36,750
36,750
36,750
36,750
736,750
1,141,000
After interest income
242,322
363,061
34,720
175,933
11,217
16,192
-16,970
444
8,129
49,100
177,061
-431,924
629,285
Income tax (30 %)
72,697
108,918
10,416
52,780
3,365
4,858
133
2,439
14,730
53,118
169,626
254,143
24,304
123,153
7,852
11,334
311
5,690
34,370
123,943
Interest and loan expense
Net income
-16,970
323,454 -431,924
305,831
Meepo studio Company Limited Income Statement For the year ended December, 31 2014 2014
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Sales
978,867
1,040,085
Less: Cost of goods sold
185,370
195,516
Gross margin
793,497
Nov
Dec
Total
364,689
646,578
337,689
332,289
337,689
343,089
332,289
403,497
641,178
847,602
6,605,541
69,117
121,293
61,917
60,477
61,917
63,357
60,477
75,144
119,853
158,855
1,233,295
844,569
295,572
525,285
275,772
271,812
275,772
279,732
271,812
328,353
521,325
688,747
5,372,246
45,049
46,432
17,048
29,417
15,248
14,888
15,248
15,608
14,888
18,095
29,440
37,831
299,194
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
48,000
Revenues
Marketing expense Sale commission Radio local Brochure Plate/ Poster/ Vinyl Website Total marketing expense
36,000
1,000
36,000
72,000
500
500
85,799
50,432 50,432
21,048
33,667
19,248
18,888
55,498
19,608
18,888
22,345
33,440
41,831
420,694
Operating expense & Administrative expense Salaries
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
752,400
Social security insurance
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
79,200
Office supplies
6,719
0
0
0
6,719
0
0
0
6,719
0
0
0
20,157
Utility expense
5,567
5,717
4,007
4,747
3,957
3,947
3,957
3,967
3,947
4,127
4,737
5,237
53,909
Fire insurance
12,247
Automobile Insurance Administrative Administrative depreciation
12,247
8,900 18,271
8,900 18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
219,256
Total administrative administrative expense
121,004
93,288
91,578
92,318
98,247
91,518
91,528
91,538
98,237
91,698
92,308
92,808
1,146,070
Operating, Marketing and Administrative Administrative expense
231,004
162,377
130,942
144,448
137,145
128,710
165,332
129,454
136,773
132,382 132,382
144,210
153,201
1,795,978
Earning before interest and tax
562,493
682,192
164,630
380,837
138,627
143,102
110,440
150,278
135,039
195,971
377,115
535,546
3,576,268
32,667
32,667
32,667
32,667
32,667
32,667
32,667
32,667
32,667
32,667
32,667
732,667
1,092,004
After interest income
529,826
649,525
131,963
348,170
105,960
110,435
77,773
117,611
102,372
163,304
344,448
-197,121
2,484,264
Income tax (30 %)
158,948
194,857
39,589
104,451
31,788
33,130
23,332
35,283
30,712
48,991
103,334
370,878
454,667
92,374
243,719
74,172
77,304
54,441
82,328
71,660
114,313
241,114
-197,121
1,679,848
Interest and loan expense
Net income
804,416
Meepo studio Company Limited Income Statement For the year ended December, 31 2015 2015
Jan
Feb Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
1,300,707
1,369,017
245,606
257,649
1,055,102
Nov
Dec
478,062
859,104
451,062
445,662
451,062
456,462
445,662
89,954
160,711
82,754
81,314
82,754
84,194
81,314
1,111,368
388,108
698,393
368,308
364,348
368,308
372,268
86,714
91,268
31,871
57,274
30,071
29,711
30,071
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
Total
536,913
853,704
1,120,536
8,767,953
99,638
159,271
210,060
1,635,220
364,348
437,275
694,433
910,476
7,132,733
30,431
29,711
35,794
56,914
74,702
584,530
4,000
4,000
4,000 250
4,000
4,000
48,000
Revenues Sales Less: Cost of goods sold Gross margin Marketing expense Sale commission Radio local Brochure Plate/ Poster/ Vinyl Website Total marketing expense
36,000
1,000
36,000
72,000
500
500
127,464
95,268
35,871
61,524
34,071
33,711
70,321
34,431
33,711
40,044
60,914
78,702
706,030
Operating expense & Administrative expense Salaries
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
752,400
Social security insurance
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
79,200
Office supplies
6,719
0
0
0
6,719
0
0
0
6,719
0
0
0
20,157
Utility expense
6,377
6,557
4,287
5,277
4,237
4,227
4,237
4,247
4,227
4,457
5,267
8,266
61,659
Fire insurance
12,247
Automobile Insurance Administrative Administrative depreciation
12,247
8,900 18,271
8,900 18,271 18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
219,256
Total administrative administrative expense
121,814
94,128
91,858
92,848
98,527
91,798
91,808
91,818
98,517
92,028
92,838
95,837
1,153,819
Operating, Marketing and Administrative Administrative expense
273,641
208,221
146,100
172,941
152,303 152,303
143,868
180,490
144,612 144,612
151,931
150,478
172,319 172,319
193,707
2,090,613
Earning before interest and tax
781,460
903,146
242,008
525,452
216,005
220,480
187,818
227,656
212,417
286,797
522,114
716,769
5,042,120
28,584
28,584
28,584
28,584
28,584
28,584
28,584
28,584
28,584
28,584
28,584
728,584
1,043,008
After interest income
752,876
874,562
213,424
496,868
187,421
191,896
159,234
199,072
183,833
258,213
493,530
-11,815
3,999,112
Income tax (30 %)
225,863
262,369
64,027
149,060
56,226
57,569
47,770
59,721
55,150
77,464
148,059
527,014
612,194
149,396
347,807
131,195
134,327
111,463
139,350
128,683
180,749
345,471
Interest and loan expense
Net income
1,203,278 -11,815
2,795,834
Meepo studio Company Limited Income Statement For the year ended December, 31 2016 2016
Jan
Feb
Mar
Apr
1,616,796 304,463
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
1,709,559
587,025
1,072,971
560,025
554,625
560,025
565,425
321,022
109,933
200,650
102,733
101,293
102,733
104,173
670,725
657,378
1,067,571
1,393,470
11,015,595
113,686
122,373
199,210
261,265
1,312,333
1,388,537
477,092
872,321
457,292
453,332
457,292
461,252
2,043,534
557,039
535,005
868,361
1,132,205
8,972,061
107,786
113,971
39,135
71,531
37,335
36,975
37,335
4,000 250
4,000 250
4,000 250
4,000 250
4,000 250
4,000 250
4,000 250
37,695
44,715
43,825
71,171
92,898
734,373
4,000 250
4,000 250
4,000 250
4,000 250
4,000 250
48,000
36,000
36,000
36,000
36,000
36,000
36,000
36,000
36,000
36,000
36,000
36,000
36,000
432,000
Revenues Sales Less: Cost of goods sold Gross margin Marketing expense Sale commission Radio local Brochure Plate/ Poster/ Vinyl Website Total marketing expense
3,000
500
500
500
500
500
500
500
500
500
500
500
500
6,000
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
489,000 489,000
Operating expense & Administrative expense Salaries
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
752,400
Social security insurance
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
79,200
Office supplies
6,719
0
0
0
6,719
0
0
0
6,719
0
0
0
20,157
Utility expense
7,167
7,407
4,557
5,817
4,507
4,497
4,507
4,517
4,597
4,767
5,807
6,617
64,759
Fire insurance
12,247
Automobile Insurance Administrative Administrative depreciation
12,247
8,900 26,344
8,900 26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344 26,344
316,128 316,128
Total administrative administrative expense
130,677
103,051
100,201
101,461
106,870
100,141
100,151
100,161
106,960
100,411
101,451
102,261
1,253,791
Operating, Marketing and Administrative Administrative expense
179,577
151,951
149,101
150,361
155,770
149,041
149,051 149,051
149,061
155,860
149,311
150,351
151,161
1,840,591
1,132,756
1,236,587
327,991
721,961
301,522
304,291
308,241
312,191
401,179
385,694
718,011
981,045
7,131,470
24,500
24,500
24,500
24,500
24,500
24,500
24,500
24,500
24,500
24,500
24,500
724,500
994,000
1,108,256
1,212,087
303,491
697,461
277,022
279,791
283,741
287,691
376,679
361,194
693,511 693,511
256,545 256,545
6,137,470
Earning before interest and tax Interest and loan expense After interest income Income tax (30 %) Net income
332,477
363,626
91,047
209,238
83,107
83,937
85,122
86,307
113,004
108,358
208,053
76,963
1,841,241
775,779
848,461
212,444
488,223
193,916
195,854
198,619
201,384
263,675
252,836
485,458
179,581
4,296,229
Meepo Studio Company Limited Statement Of Cash Flow For the year ended December, 31 2012 2012
Before operating
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
359,640
367,542
146,763
228,726
119,763
114,363
119,763
125,163
114,363
149,616
223,326
294,534
2,363,562
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
316,128
385,984
393,886
173,107
255,070
146,107
140,707
146,107
151,507
140,707
175,960
249,670
320,878
2,679,690
Cash flow from operating activity Cash inflow
Cash received on sales Adjust depreciation Total cash inflow from operating activities Cash outflow
83,298
83,607
34,991
51,406
26,351
24,623
26,351
28,079
24,623
33,497
49,678
67,278
533,781
Marketing expense
Cost of goods sold
101,982
37,803
21,341
25,798
16,181
15,149
59,681
17,213
15,149
19,469
24,466
31,363
385,596
Administrative Administrative expense
153,020
119,713
118,933
119,197
126,936
118,861
118,873
118,885
126,924
118,957
119,185
119,401
1,478,882
11,067 349,367
37,732 278,855
0 175,265
7,267 203,668
0 169,467
0 158,633
0 204,905
0 164,177
0 166,695
0 171,923
6,415 199,744
0 218,041
62,481 2,460,740
36,617
115,031
-2,158
51,402
-23,360
-17,926
-58,798
-12,670
-25,988
4,037
49,926
102,837
5,140,430
-40,83 -40,834 4
-40,83 -40,834 4
-40,83 -40,834 4
-40,83 -40,834 4
-40,83 -40,834 4
-40,83 -40,834 4
-40,83 -40,834 4
-40,834 -40,834
-40,83 -40,834 4
-40,83 -40,834 4
-40,83 -40,834 4
-
-
Cash paid for income tax Total cash outflow from operating activities Net cash flow from operating activities Cash flow from investing activity Cash inflow
Land & Building
4,100,000
Equipment
1,419,227
Adminstration tools Registration cost Telephone line &Internet Installment Website cost Bill board Logo Net cash flow from investing activities
549,164 44,500 1,099 16,759 1,600 1,200 6,133,549
Cash flow from financing activity Cash inflow
Cash loan
7,000,000
Cash outflow
Repay Repaymen mentt for intere interest st and princi principle ple
loan
740,834
1,190,008
Net cash flow from financing activities Net Cash
Net increase/decrease increase/decrease in cash
866,451
Beginning cash Ending cash
866,451
36,617
115,031
-2,158
51,402
-23,360
-17,926
-58,798
-12,670
-25,988
4,037
49,926
102,837
218,950
866,451
862,234
936,431
893,439
904,007
839,813
781,053
681,421
627,918
561,095
524,298
0
862,234
936,431
893,439
904,007
839,813
781,053
681,421
627,918
561,095
524,298
533,390
533,390 104,607
-104,607
Meepo Studio Company Limited Statement Of Cash Flow For the year ended December, 31 2013 2013
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
675,729
696,474
255,726
441,252
228,726
223,326
228,726
234,126
223,326
271,422
441,603
567,468
4,487,904
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
219,256
694,000
714,745
273,997
459,523
246,997
241,597
246,997
252,397
241,597
289,693
459,874
585,739
4,707,160 1,008,428
Cash flow from operating activity Cash inflow
Cash received on sales Adjust depreciation Total cash inflow from operating activities Cash outflow
Cost of goods sold
153,927
158,167
58,966
98,708
50,326
48,598
50,326
52,054
48,598
61,403
98,633
128,723
Marketing expense
108,359
64,718
30,658
43,400
25,498
24,466
68,998
26,530
24,466
29,814
42,528
53,797
543,233
Administrative Administrative expense
178,085
110,926
109,570
110,146
117,572
109,498
109,510
131,446
117,560
109,558
110,158
110,542
1,424,568
Cash paid for income tax Total cash outflow from operating activities Net cash flow from operating activities
99,850
133,287
22,781
70,254
15,470
16,427
6,611
13,064
14,411
27,550
70,606
0
490,309
-540,220
- 467,097
-221,974
-322,507
- 208,866
-198,988
-235,444
-223,093
-205,035
-228,324
-321,925
- 293,062
-3,466,538
153,780
247,648
52,023
137,016
38,131
42,609
11,553
29,304
36,562
61,369
137,949
292,677
1,240,622
-36,750
-36,750
-36,750
-36,750
-36,750
-36,750
-36,750
-36,750
-36,750
-36,750
-36,750
-736,750
-1,141,000
Cash flow from investing activity Cash inflow
Land & Building Equipment Adminstration tools Registration cost Telephone line &Internet Installment Website cost Bill board Logo Net cash flow from investing activities Cash flow from financing activity Cash inflow
Cash loan Cash outflow
Repayment for interest and principle loan Net cash flow from financing activities
Net Cash
Net increase/decrease increase/decrease in cash
153,780
247,648
52,023
137,016
38,131
42,609 42,609
11,553
29,304
36,562
61,369
137,949
292,677
1,240,622
Beginning cash
-104,607
12,423
223,321
238,594
338,860
340,241
346,101
320,904
313,458
313,270
337,889
439,088
-104,607
12,423
223,321
238,594
338,860
340,241
346,101
320,904
313,458
313,270
337,889
439,088
-4,985
-4,985
Ending cash
Meepo Studio Company Limited Statement Of Cash Flow For the year ended December, 31 2014 2014
Jan
Feb
Mar
Apr
978,867
1,040,085
364,689
646,578
18,271
18,271
18,271
18,271
997,138
1,058,356 1,058,356
382,960
664,849
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
337,689
332,289
337,689
343,089
332,289
403,497
641,178
847,602
6,605,541
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
219,256
355,960
350,560
355,960
361,360
350,560
421,768
659,449
865,873
6,824,797 1,479,954
Cash flow from operating activity Cash inflow
Cash received on sales Adjust depreciation Total cash inflow from operating activities Cash outflow
Cost of goods sold
222,444
234,619
82,941
145,552
74,301
72,573
74,301
76,029
72,573
90,172
143,824
190,626
Marketing expense
102,959
60,518
25,258
40,400
23,098
22,666
66,598
23,530
22,666
26,814
40,128
50,197
504,833
Administrative Administrative expense
145,205
111,946
109,894
110,782
117,896
109,822
109,834
109,846
117,884
110,038
110,770
111,370
1,375,284
Cash paid for income tax Total cash outflow from operating activities Net cash flow from operating activities
192,658
228,607
54,936
127,499
46,875
47,682
38,016
50,100
45,666
65,438
126,250
0
1,023,728
-663,266
-635,690
- 273,028
-424,233
-262,170
-252,742
- 288,748
- 259,504
-258,789
-292,462
-420,972
-352,193
-4,383,799
333,872
422,667
109,932
240,617
93,790
97,818
67,212
101,856
91,771
129,306
238,478
513,680
2,440,999
-32,667
-32,667
-32,667
-32,667
-32,667
-32,667
-32,667
-32,667
-32,667
-32,667
-32,667
-732,667
-1,092,004
Cash flow from investing activity Cash inflow
Land & Building Equipment Adminstration tools Registration cost Telephone line &Internet Installment Website cost Bill board Logo Net cash flow from investing activities Cash flow from financing activity Cash inflow
Cash loan Cash outflow
Repayment for interest and principle loan Net cash flow from financing activities
Net Cash
Net increase/decrease increase/decrease in cash Beginning cash Ending cash
333,872
422,667
109,932
240,617
93,790
97,818
67,212
101,856
91,771
129,306
238,478
513,680
-4,985
296,221
686,220
763,485
971,435
1,032,558
1,097,709
1,132,254
1,201,443
1,260,547
1,357,187
1,562,997
2,440,999 -4,985
296,221
686,220
763,485
971,435
1,032,558
1,097,709
1,132,254
1,201,443
1,260,547
1,357,187
1,562,997
1,344,010
1,344,010
Meepo Studio Company Limited Statement Of Cash Flow For the year ended December, 31 2015 2015
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
8,767,953
Cash flow from operating activity Cash inflow
Cash received on sales
1,300,707
1,369,017
478,062
859,104
451,062
445,662
451,062
456,462
445,662
536,913
853,704
1,120,536
Adjust depreciation
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
219,256
Total cash inflow from operating activities
1,318,978
1,387,288
496,333
877,375
469,333
463,933
469,333
474,733
463,933
555,184
871,975
1,138,807
8,987,209
Cash outflow
Cost of goods sold
294,727
309,179
107,945
192,853
99,305
97,577
99,305
101,033
97,577
119,566
191,125
252,072
1,962,264
Marketing expense
152,957
114,321
43,045
73,828
40,885
40,453
84,385
41,317
40,453
48,053
73,096
94,443
847,236
Administrative Administrative expense
146,177
112,954
110,230
111,418
118,232
110,158
110,170
110,182
118,220
110,434
111,406
115,005
1,384,583
Cash paid for income tax
268,342
305,062
82,475
177,911
74,415
75,221
65,555
77,639
73,206
97,561
176,777 176,777
32,555
1,506,720
Total cash outflow from operating activities
-862,202
-841,516
-343,695
-556,010
-332,837
-323,409
-359,415
-330,171
- 329,456
-375,614
-552,404
-494,075
-5,700,804
456,776
545,772
152,638
321,365
136,496
140,524
109,918
144,562
134,477
179,571
319,571 319,571
644,733 644,733
14,688,013
-28,584
-28,584
-28,584
-28,584
-28,584
-28,584
-28,584
-28,584
-28,584
-28,584
-28,584
-728,584
-1,043,008
Net cash flow from operating activities Cash flow from investing activity Cash inflow
Land & Building Equipment Adminstration tools Registration cost Telephone line &Internet Installment Website cost Bill board Logo Net cash flow from investing activities Cash flow from financing activity Cash inflow
Cash loan Cash outflow
Repayment for interest and principle loan Net cash flow from financing activities
Net Cash
Net increase/decrease increase/decrease in cash
456,776
545,772
152,638
321,365
136,496
140,524
109,918
144,562
644,733
3,286,406
Beginning cash
1,344,010
1,772,202
2,289,391
2,413,445
2,706,226
2,814,138
2,926,079
3,007,413
134,477 3,123,392
179,571 3,229,285
319,571 3,380,272
3,671,259
1,344,010
Ending cash
1,772,202
2,289,391
2,413,445
2,706,226
2,814,138
2,926,079
3,007,413
3,123,392
3,229,285
3,380,272
3,671,259
3,587,408
3,587,408
Meepo Studio Company Limited Statement Of Cash Flow For the year ended December, 31 2016 2016
Jan
Feb
1,616,796
1,709,559
26,344
26,344
1,643,140
Cost of goods sold Marketing expense
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
587,025
1,072,971
560,025
554,625
560,025
565,425
670,725
657,378
1,067,571
1,393,470
11,015,595
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
316,128
1,735,903
613,369
1,099,315
586,369
580,969
586,369
591,769
697,069
683,722
1,093,915
1,419,814
11,331,723
365,355
385,226
131,920
240,780
123,280
121,552
123,280
125,008
136,423
146,848
239,052
313,518
2,452,240
48,900
48,900
48,900
48,900
48,900
48,900
48,900
48,900
48,900
48,900
48,900
48,900
586,800
156,812
123,661
120,241
121,753
128,244
120,169
120,181
120,193
128,352
120,493
121,741
122,713
1,504,550
Cash flow from operating activity Cash inflow
Cash received on sales Adjust depreciation Total cash inflow from operating activities Cash outflow
Administrative Administrative expense Cash paid for income tax Total cash outflow from operating activities Net cash flow from operating activities
378,666
412,356
109,395
240,761
100,795
101,493
102,810
104,127
134,017
128,637
239,444
117,149
2,169,650
-949,734
-970,143
-410,456
-652,193
- 401,218
-392,114
-395,171
-398,228
-447,692
-444,877
-649,136
-602,279
-6,713,240
693,406
765,760
202,913
447,122
185,151
188,855
191,198
193,541
249,377
238,845
444,779
817,535
4,618,483
-24,500
-24,500
-24,500
-24,500
-24,500
-24,500
-24,500
-24,500
-24,500
-24,500
-24,500
-724,500
-994,000
Cash flow from investing activity Cash inflow
Land & Building Equipment Adminstration tools Registration cost Telephone line &Internet Installment Website cost Bill board Logo Net cash flow from investing activities Cash flow from financing activity Cash inflow
Cash loan Cash outflow
Repayment for interest and principle loan Net cash flow from financing activities
Net Cash
693,406
765,760
202,913
447,122
185,151
188,855
191,198
193,541
249,377
238,845
444,779
817,535
4,618,483
Beginning cash
Net increase/decrease increase/decrease in cash
3,587,408
4,256,314
4,997,574
5,175,987
5,598,609
5,759,260
5,923,615
6,090,313
6,259,354
6,484,232
6,698,577
7,118,856
3,587,408
Ending cash
4,256,314
4,997,574
5,175,987
5,598,609
5,759,260
5,923,615
6,090,313
6,259,354
6,484,232
6,698,577
7,118,856
7,211,891
7,211,891
Sale reduce by 20%, Expense increase by 10% Meepo studio Company Limited Income Statement For the year ended December, 31 2012 2012
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
Revenues Sales Less: Cost of goods sold Gross margin
319,680
326,704
130,456
203,312
106,456
101,656
106,456
111,256
101,656
132,992
198,512
261,808
61,702
61,931
25,919
38,078
19,519
18,239
19,519
20,799
18,239
24,813
36,798
49,835
2,100,944 395,394 395,394
257,978
264,773
104,537
165,234
86,937
83,417
86,937
90,457
83,417
108,179
161,714
211,973
1,705,550
27,976
27,503
13,784
17,248
9,484
8,624
9,484
10,344
8,624
11,974
16,388
22,136
183,571
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
48,000
Marketing expense Sale commission Radio local Brochure Plate/ Poster/ Vinyl Website Total marketing expense
36,000
1,000
36,000
72,000
16,759
16,759
84,985
31,503
17,784
21,498
13,484
12,624
49,734
14,344
12,624
16,224
20,388
26,136
321,330
Operating expense & Administrative expense Salaries
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
752,400
Social security insurance
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
79,200
Office supplies
6,719
0
0
0
6,719
0
0
0
6,719
0
0
0
20,157
Utility expense
4,007
4,117
3,467
3,687
3,417
3,407
3,417
3,427
3,407
3,487
3,677
3,857
43,369
Fire insurance
12,247
Automobile Insurance Administrative Administrative depreciation
12,247
8,900 26,344
8,900 26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
316,128
Total administrative administrative expense
127,517
99,761 99,761
99,111
99,331
105,780
99,051
99,061
99,071
105,770
99,131
99,321
99,501
1,232,401
Operating, Marketing and Administrative Administrative expense
225,254
141,239
126,806
130,762
129,842
121,580
158,701
123,322
128,971
125,268
129,641
135,586
1,676,971
Earning before interest and tax Interest and loan expense After interest income
32,724
123,533
-22,269
34,472
-42,905
-38,163
-71,764
-32,865
-45,554
-17,089
32,073
76,387
28,579
40,834
40,834
40,834
40,834 40,834
40,834
40,834
40,834
40,834
40,834
40,834
40,834
740,834
1,190,008
-8,110
82,699
-63,103
-6,362
-83,739
-78,997
-112,598
-73,699
-86,388
-57,923
-8,761
-664,447
-1,161,429
-63,103
-6,362
-83,739
-78,997
-112,598
-73,699
-86,388
-57,923
-8,761
-664,447
-1,186,239
Income tax (30 %) Net income
24,810 -8,110
57,890
24,810
Meepo studio Company Limited Income Statement For the year ended December, 31 2013 2013
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total 3,989,248
Revenues Sales
600,648
619,088
227,312
392,224
203,312
198,512
203,312
208,112
198,512
241,264
392,536
504,416
Less: Cost of goods sold
114,020
117,161
43,678
73,117
37,278
35,998
37,278
38,558
35,998
45,484
73,062
95,350
746,984
Gross margin
486,628
501,927
183,634
319,107
166,034
162,514
166,034
169,554
162,514
195,780
319,474
409,066
3,242,264
49,549
49,932
21,548
31,917
17,248
16,388
17,248
18,108
16,388
20,595
31,440
40,831
331,194
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
48,000
Marketing expense Sale commission Radio local Brochure Plate/ Poster/ Vinyl Website Total marketing expense
36,000
1,000
36,000
72,000
500
500
90,299
53,932
25,548
36,167
21,248
20,388
57,498
22,108
20,388
24,845
35,440
44,831
452,694
Operating expense & Administrative expense Salaries
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
752,400
Social security insurance
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
79,200
Office supplies
6,719
0
0
0
6,719
0
0
0
6,719
0
0
0
20,157
Utility expense
32,967
4,867
3,737
4,217
3,687
3,677
3,687
21,967
3,677
3,727
4,227
4,547
94,979
Fire insurance
12,247
Automobile Insurance Administrative Administrative depreciation
12,247
8,900 18,271
8,900 18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
219,256
Total administrative administrative expense
148,404
92,438
91,308
91,788
97,977
91,248
91,258
109,538
97,967
91,298
91,798
92,118
1,187,140
Operating, Marketing and Administrative Administrative expense
253,544
155,613
125,987
137,134
129,023
120,761
157,882
142,600
128,152
125,273 125,273
136,418
146,161
1,758,548
Earning before interest and tax
233,084
346,314
57,646
181,974
37,011
41,752
8,151
26,953
34,362
70,507
183,056
262,905
1,483,716
36,750
36,750
36,750
36,750
36,750
36,750
36,750
36,750
36,750
36,750
36,750
736,750
1,141,000
After interest income
196,334
309,564
20,896
145,224
261
5,002
-28,599
-9,797
-2,388
33,757
146,306
-473,845
342,716
Income tax (30 %)
58,900
92,869
6,269
43,567
78
1,501
10,127
43,892
137,434
216,695
14,628
101,657
182
3,502
23,630
102,415
Interest and loan expense
Net income
-28,599
-9,797
-2,388
257,204 -473,845
85,513
Meepo studio Company Limited Income Statement For the year ended December, 31 2014 2014
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
Revenues Sales
870,104
924,520
324,168
574,736
300,168
295,368
300,168
304,968
295,368
358,664
569,936
753,424
5,871,592
Less: Cost of goods sold
164,774
173,792
61,438
107,816
55,038
53,758
55,038
56,318
53,758
66,794
106,536
141,205
1,096,262
Gross margin
705,330
750,728
262,730
466,920
245,130
241,610
245,130
248,650
241,610
291,870
463,400
612,219
4,775,330
45,049
46,432
17,048
29,417
15,248
14,888
15,248
15,608
14,888
18,095
29,440
37,831
299,194
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
48,000
Marketing expense Sale commission Radio local Brochure Plate/ Poster/ Vinyl Website Total marketing expense
36,000
1,000
36,000
72,000
500
500
85,799
50,432
21,048
33,667
19,248
18,888
55,498
19,608
18,888
22,345
33,440
41,831
420,694
Operating expense & Administrative expense Salaries
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
752,400
Social security insurance
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
79,200
Office supplies
6,719
0
0
0
6,719
0
0
0
6,719
0
0
0
20,157
Utility expense
5,567
5,717
4,007
4,747
3,957
3,947
3,957
3,967
3,947
4,127
4,737
5,237
53,909
Fire insurance
12,247
Automobile Insurance Administrative Administrative depreciation
12,247
8,900 18,271
8,900 18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
219,256
Total administrative administrative expense
121,004
93,288
91,578
92,318
98,247
91,518
91,528
91,538
98,237
91,698
92,308
92,808
1,146,070
Operating, Marketing and Administrative Administrative expense
218,904
153,048
121,784
135,217
127,320
119,558
156,179
120,300
126,949
123,213 123,213
134,979
143,920
1,681,371
Earning before interest and tax
486,427
597,680
140,946
331,703
117,810
122,052
88,951
128,350
114,661
168,657
328,421
468,299
3,093,959
32,667
32,667
32,667
32,667
32,667
32,667
32,667
32,667
32,667
32,667
32,667
732,667
1,092,004
After interest income
453,760
565,013
108,279
299,036
85,143
89,385
56,284
95,683
81,994
135,990
295,754
-264,368
2,001,955
Income tax (30 %)
136,128
169,504
32,484
89,711
25,543
26,816
16,885
28,705
24,598
40,797
88,726
317,632
395,509
75,795
209,326
59,600
62,570
39,399
66,978
57,396
95,193
207,028
-264,368
1,322,058
Interest and loan expense
Net income
679,897
Meepo studio Company Limited Income Statement For the year ended December, 31 2015 2015
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
Revenues Sales
1,156,184
1,216,904
424,944
763,648
400,944
396,144
400,944
405,744
396,144
477,256
758,848
996,032
7,793,736
Less: Cost of goods sold
218,316
229,022
79,959
142,854
73,559
72,279
73,559
74,839
72,279
88,567
141,574
186,720
1,453,529
Gross margin
937,868
987,882
344,985
620,794
327,385
323,865
327,385
330,905
323,865
388,689
617,274
809,312
6,340,207
86,714
91,268
31,871
57,274
30,071
29,711
30,071
30,431
29,711
35,794
56,914
74,702
584,530
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
48,000
Marketing expense Sale commission Radio local Brochure Plate/ Poster/ Vinyl Website Total marketing expense
36,000
1,000
36,000
72,000
500
500
127,464
95,268
35,871
61,524
34,071
33,711
70,321
34,431
33,711
40,044
60,914
78,702
706,030
Operating expense & Administrative expense Salaries
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
752,400
Social security insurance
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
79,200
Office supplies
6,719
0
0
0
6,719
0
0
0
6,719
0
0
0
20,157
Utility expense
6,377
6,557
4,287
5,277
4,237
4,227
4,237
4,247
4,227
4,457
5,267
8,266
61,659
Fire insurance
12,247
Automobile Insurance Administrative Administrative depreciation
12,247
8,900 18,271
8,900 18,271 18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
219,256
Total administrative administrative expense
121,814
94,128
91,858
92,848
98,527
91,798
91,808
91,818
98,517
92,028
92,838
95,837
1,153,819
Operating, Marketing and Administrative Administrative expense
261,460
198,809
136,915
163,656
142,450
134,689
171,310
135,431
142,079
141,275 141,275
163,035
184,123
1,975,232
Earning before interest and tax
676,408
789,074
208,070
457,137
184,934
189,176
156,075
195,474
181,785
247,414
454,238
625,189
4,364,976
28,584
28,584
28,584
28,584
28,584
28,584
28,584
28,584
28,584
28,584
28,584
728,584
1,043,008
After interest income
647,824
760,490
179,486
428,553
156,350
160,592
127,491
166,890
153,201
218,830
425,654
-103,395
3,321,968
Income tax (30 %)
194,347
228,147
53,846
128,566
46,905
48,178
38,247
50,067
45,960
65,649
127,696
453,477
532,343
125,640
299,987
109,445
112,415
89,244
116,823
107,241
153,181
297,958
Interest and loan expense
Net income
1,027,609 -103,395
2,294,359
Meepo studio Company Limited Income Statement For the year ended December, 31 2016 2016
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
Revenues Sales Less: Cost of goods sold Gross margin
1,437,152
1,519,608
521,800
953,752
497,800
493,000
497,800
502,600
596,200
584,336
948,952
1,238,640
9,791,640
270,634
285,353
97,718
178,355
91,318
90,038
91,318
92,598
101,054
108,776
177,075
232,235
1,816,474
1,166,518
1,234,255
424,082
775,397
406,482
402,962
406,482
410,002
495,146
475,560
771,877
1,006,405
7,975,166
107,786
113,971
39,135
71,531
37,335
36,975
37,335
37,695
44,715
43,825
71,171
92,898
734,373
4,000 250
4,000 250
4,000 250
4,000 250
4,000 250
4,000 250
4,000 250
4,000 250
4,000 250
4,000 250
4,000 250
4,000 250
48,000
36,000
36,000
36,000
36,000
36,000
36,000
36,000
36,000
36,000
36,000
36,000
36,000
432,000
Marketing expense Sale commission Radio local Brochure Plate/ Poster/ Vinyl Website Total marketing expense
3,000
500
500
500
500
500
500
500
500
500
500
500
500
6,000
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
489,000
Operating expense & Administrative expense Salaries
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
752,400
Social security insurance
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
79,200
Office supplies
6,719
0
0
0
6,719
0
0
0
6,719
0
0
0
20,157
Utility expense
7,167
7,407
4,557
5,817
4,507
4,497
4,507
4,517
4,597
4,767
5,807
6,617
64,759
Fire insurance
12,247
Automobile Insurance Administrative Administrative depreciation
12,247
8,900 26,344
8,900 26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
316,128
Total administrative administrative expense
130,677
103,051
100,201
101,461
106,870
100,141
100,151
100,161
106,960
100,411
101,451
102,261
1,253,791
Operating, Marketing and Administrative Administrative expense
175,502
147,876
145,026
146,286 146,286
151,695
144,966
144,976
144,986
151,785
145,236 145,236
146,276
147,086
1,791,691
Earning before interest and tax
991,017
1,086,380
279,056
629,111
254,787
257,996
261,506
265,016
343,361
330,324
625,601
859,319
6,183,474
24,500
24,500
24,500
24,500
24,500
24,500
24,500
24,500
24,500
24,500
24,500
724,500
994,000
966,517
1,061,880
254,556
604,611
230,287
233,496
237,006
240,516
318,861
305,824
601,101
134,819
5,189,474
Interest and loan expense After interest income Income tax (30 %) Net income
289,955
318,564
76,367
181,383
69,086
70,049
71,102
72,155
95,658
91,747
180,330
40,446
1,556,842
676,562
743,316
178,189
423,228
161,201
163,447
165,904
168,361
223,203
214,077
420,771
94,373
3,632,632
Meepo Studio Company Limited Statement Of Cash Flow For the year ended December, 31 2012 2012
Before operating
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
319,680
326,704
130,456
203,312
106,456
101,656
106,456
111,256
101,656
132,992
198,512
261,808
2,100,944
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
316,128
346,024
353,048
156,800
229,656
132,800
128,000
132,800
137,600
128,000
159,336
224,856
288,152
2,417,072
Cash flow from operating activity Cash inflow
Cash received on sales Adjust depreciation Total cash inflow from operating activities Cash outflow
Cost of goods sold
67,873
68,124
28,511
41,886
21,471
20,063
21,471
22,879
20,063
27,294
40,478
54,819
434,933
Marketing expense
93,484
34,653
19,563
23,648
14,833
13,887
54,708
15,779
13,887
17,847
22,427
28,749
353,463
140,269
109,737
109,022
109,264
116,358
108,956
108,967
108,978
116,347
109,044
109,253
109,451
1,355,642
12,173 313,798
37,732 250,246
0 157,095
7,267 182,066
0 152,661
0 142,905
0 185,145
0 147,635
0 150,296
0 154,185
6,415 178,574
0 193,019
63,588 2,207,625
32,226
102,802
-295
47,590
-19,861
-14,905
-52,345
-10,035
-22,296
5,151
46,282
95,133
4,624,697
-40,83 -40,834 4
-40,83 -40,834 4
-40,83 -40,834 4
-40,83 -40,834 4
-40,83 -40,834 4
-40,83 -40,834 4
-40,83 -40,834 4
-40,834 -40,834
-40,83 -40,834 4
-40,83 -40,834 4
-40,83 -40,834 4
-
-
Administrative Administrative expense Cash paid for income tax Total cash outflow from operating activities Net cash flow from operating activities Cash flow from investing activity Cash inflow
Land & Building
4,100,000
Equipment
1,419,227
Adminstration tools Registration cost Telephone line &Internet Installment Website cost Bill board Logo Net cash flow from investing activities
549,164 44,500 1,099 16,759 1,600 1,200 6,133,549
Cash flow from financing activity Cash inflow
Cash loan
7,000,000
Cash outflow
Repay Repaymen mentt for intere interest st and princi principle ple
loan
740,834
1,190,008
Net cash flow from financing activities Net Cash
Net increase/decrease increase/decrease in cash
866,451
Beginning cash Ending cash
866,451
32,226
102,802
-295
47,590
-19,861
-14,905
-52,345
-10,035
-22,296
5,151
46,282
95,133
209,447
866,451
857,843
919,811
878,682
885,438
824,743
769,004
675,824
624,955
561,825
526,142
0
857,843
919,811
878,682
885,438
824,743
769,004
675,824
624,955
561,825
526,142
531,590
531,590 114,110
-114,110
Meepo Studio Company Limited Statement Of Cash Flow For the year ended December, 31 2013 2013
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
600,648
619,088
227,312
392,224
203,312
198,512
203,312
208,112
198,512
241,264
392,536
504,416
3,989,248
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
219,256
618,919
637,359
245,583
410,495
221,583
216,783
221,583
226,383
216,783
259,535
410,807
522,687
4,208,504
Cost of goods sold
125,422
128,877
48,046
80,428
41,006
39,598
41,006
42,414
39,598
50,032
80,368
104,885
821,682
Marketing expense
99,329
59,325
28,103
39,783
23,373
22,427
63,248
24,319
22,427
27,329
38,984
49,314
497,963
163,245
101,682
100,439
100,967
107,775
100,373
100,384
120,492
107,764
100,428
100,978
101,330
1,305,854
99,850
133,287
22,781
70,254
15,470
16,427
6,611
13,064
14,411
27,550
70,606
0
490,309
-487,845
- 423,170
-199,369
-291,432
- 187,624
-178,825
-211,249
-200,289
-184,200
-205,339
-290,936
- 255,530
-3,115,809
131,074
214,189
46,214
119,063
33,959
37,958
10,334
26,094
32,583
54,196
119,871
267,158
1,092,696
-36,750
-36,750
-36,750
-36,750
-36,750
-36,750
-36,750
-36,750
-36,750
-36,750
-36,750
-736,750
-1,141,000
Cash flow from operating activity Cash inflow
Cash received on sales Adjust depreciation Total cash inflow from operating activities Cash outflow
Administrative Administrative expense Cash paid for income tax Total cash outflow from operating activities Net cash flow from operating activities Cash flow from investing activity Cash inflow
Land & Building Equipment Adminstration tools Registration cost Telephone line &Internet Installment Website cost Bill board Logo Net cash flow from investing activities Cash flow from financing activity Cash inflow
Cash loan Cash outflow
Repayment for interest and principle loan Net cash flow from financing activities
Net Cash
Net increase/decrease increase/decrease in cash
131,074
214,189
46,214
119,063
33,959
37,958 37,958
10,334
26,094
32,583
54,196
119,871
267,158
1,092,696
Beginning cash
-114,110
-19,786
157,653
167,118
249,431
246,640
247,848
221,433
210,777
206,610
224,057
307,178
-114,110
-19,786
157,653
167,118
249,431
246,640
247,848
221,433
210,777
206,610
224,057
307,178
-162,414
-162,414
Ending cash
Meepo Studio Company Limited Statement Of Cash Flow For the year ended December, 31 2014 2014
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
870,104
924,520
324,168
574,736
300,168
295,368
300,168
304,968
295,368
358,664
569,936
753,424
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
219,256
888,375
942,791
342,439
593,007
318,439
313,639
318,439
323,239
313,639
376,935
588,207
771,695
6,090,848
Cost of goods sold
181,251
191,171
67,581
118,598
60,541
59,133
60,541
61,949
59,133
73,474
117,190
155,325
1,205,889
Marketing expense
94,379
55,475
23,153
37,033
21,173
20,777
61,048
21,569
20,777
24,579
36,784
46,014
462,763
133,105
102,617
100,736
101,550
108,072
100,670
100,681
100,692
108,061
100,868
101,539
102,089
1,260,677
Cash flow from operating activity Cash inflow
Cash received on sales Adjust depreciation Total cash inflow from operating activities
5,871,592
Cash outflow
Administrative Administrative expense Cash paid for income tax Total cash outflow from operating activities Net cash flow from operating activities
192,658
228,607
54,936
127,499
46,875
47,682
38,016
50,100
45,666
65,438
126,250
0
1,023,728
-601,392
-577,870
-246,406
-384,680
-236,661
- 228,262
-260,286
-234,310
-233,637
-264,359
-381,763
-303,428
-3,953,057
286,983
364,922
96,033
208,327
81,778
85,377
58,153
88,929
80,002
112,576
206,444
468,267
2,137,792
-32,667
-32,667
-32,667
-32,667
-32,667
-32,667
-32,667
-32,667
-32,667
-32,667
-32,667
-732,667
-1,092,004
Cash flow from investing activity Cash inflow
Land & Building Equipment Adminstration tools Registration cost Telephone line &Internet Installment Website cost Bill board Logo Net cash flow from investing activities Cash flow from financing activity Cash inflow
Cash loan Cash outflow
Repayment for interest and principle loan Net cash flow from financing activities
Net Cash
Net increase/decrease increase/decrease in cash
286,983
364,922
96,033
208,327
81,778
85,377
58,153
88,929
80,002
112,576
206,444
468,267
2,137,792
Beginning cash
-162,414
91,902
424,156
487,522
663,182
712,293
765,004
790,490
846,752
894,087
973,996
1,147,773
-162,414
91,902
424,156
487,522
663,182
712,293
765,004
790,490
846,752
894,087
973,996
1,147,773
883,373
883,373
Ending cash
Meepo Studio Company Limited Statement Of Cash Flow For the year ended December, 31 2015 2015
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
1,156,184
1,216,904
424,944
763,648
400,944
396,144
400,944
405,744
396,144
477,256
758,848
996,032
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
219,256
1,174,455
1,235,175
443,215
781,919
419,215
414,415
419,215
424,015
414,415
495,527
777,119
1,014,303
8,012,992 1,598,882
Cash flow from operating activity Cash inflow
Cash received on sales Adjust depreciation Total cash inflow from operating activities
7,793,736
Cash outflow
Cost of goods sold
240,148
251,924
87,955
157,140
80,915
79,507
80,915
82,323
79,507
97,424
155,732
205,392
Marketing expense
140,210
104,795
39,458
67,676
37,478
37,082
77,353
37,874
37,082
44,049
67,005
86,573
776,633
Administrative Administrative expense
133,996
103,541
101,044
102,133
108,380
100,978
100,989
101,000
108,369
101,231
102,122
105,421
1,269,201
Cash paid for income tax Total cash outflow from operating activities Net cash flow from operating activities
295,176
305,062 305,062
82,475
177,911
74,415
75,221
65,555
77,639
73,206
97,561 97,561
176,777
32,555
1,533,555
-809,530
-765,321
- 310,932
-504,859
-301,187
-292,788
-324,812
-298,836
-298,163
-340,265
-501,635
-429,941
-5,178,271
364,926
469,854
132,283 132,283
277,060 277,060
118,028
121,627
94,403
125,179
116,252
155,263 155,263
275,484
584,363
13,191,263
-28,584
-28,584
-28,584
-28,584
-28,584
-28,584
-28,584
-28,584
-28,584
-28,584
-28,584
-728,584
-1,043,008
Cash flow from investing activity Cash inflow
Land & Building Equipment Adminstration tools Registration cost Telephone line &Internet Installment Website cost Bill board Logo Net cash flow from investing activities Cash flow from financing activity Cash inflow
Cash loan Cash outflow
Repayment for interest and principle loan Net cash flow from financing activities
Net Cash
Net increase/decrease increase/decrease in cash
364,926
469,854
132,283
277,060
118,028
121,627
94,403
125,179
116,252
155,263
275,484
584,363
Beginning cash
883,373
1,219,715
1,660,985
1,764,684
2,013,160
2,102,604
2,195,647
2,261,467
2,358,062
2,445,730
2,572,408
2,819,308
883,373
1,219,715
1,660,985
1,764,684
2,013,160
2,102,604
2,195,647
2,261,467
2,358,062
2,445,730
2,572,408
2,819,308
2,675,087
2,675,087
Ending cash
2,834,722
Meepo Studio Company Limited Statement Of Cash Flow For the year ended December, 31 2016 2016
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
1,437,152
1,519,608
521,800
953,752
497,800
493,000
497,800
502,600
596,200
584,336
948,952
1,238,640
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
316,128
1,463,496
1,545,952
548,144
980,096
524,144
519,344
524,144
528,944
622,544
610,680
975,296
1,264,984
10,107,768
Cost of goods sold
297,697
313,888
107,490
196,191
100,450
99,042
100,450
101,858
111,160
119,654
194,783
255,459
1,998,122
Marketing expense
44,825
44,825
44,825
44,825
44,825
44,825
44,825
44,825
44,825
44,825
44,825
44,825
537,900
143,745
113,356
110,221
111,607
117,557
110,155
110,166
110,177
117,656
110,452
111,596
112,487
1,379,171
Cash flow from operating activity Cash inflow
Cash received on sales Adjust depreciation Total cash inflow from operating activities
9,791,640
Cash outflow
Administrative Administrative expense Cash paid for income tax Total cash outflow from operating activities Net cash flow from operating activities
378,666
412,356
109,395
240,761
100,795
101,493
102,810
104,127
134,017
128,637
239,444
117,149
2,169,650
-864,933
-884,424
-371,931
- 593,383
-363,627
-355,515
-358,251
-360,987
-407,657
-403,567
-590,647
-529,919
-6,084,842
598,563
661,528
176,213
386,713
160,517
163,829
165,893
167,957
214,887
207,113
384,649
735,065
4,022,926
-24,500
-24,500
-24,500
-24,500
-24,500
-24,500
-24,500
-24,500
-24,500
-24,500
-24,500
-724,500
-994,000
Cash flow from investing activity Cash inflow
Land & Building Equipment Adminstration tools Registration cost Telephone line &Internet Installment Website cost Bill board Logo Net cash flow from investing activities Cash flow from financing activity Cash inflow
Cash loan Cash outflow
Repayment for interest and principle loan Net cash flow from financing activities
Net Cash
598,563
661,528
176,213
386,713
160,517
163,829
165,893
167,957
214,887
207,113
384,649
735,065
4,022,926
Beginning cash
Net increase/decrease increase/decrease in cash
2,675,087
3,249,150
3,886,178
4,037,890
4,400,103
4,536,121
4,675,450
4,816,842
4,960,299
5,150,686
5,333,299
5,693,448
2,675,087
Ending cash
3,249,150
3,886,178
4,037,890
4,400,103
4,536,121
4,675,450
4,816,842
4,960,299
5,150,686
5,333,299
5,693,448
5,704,013
5,704,013
Sale reduce by 20%, Expense increase by 20% Meepo studio Company Limited Income Statement For the year ended December, 31 2012 2012
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
Revenues Sales Less: Cost of goods sold Gross margin
319,680
326,704
130,456
203,312
106,456
101,656
106,456
111,256
101,656
132,992
198,512
261,808
61,702
61,931
25,919
38,078
19,519
18,239
19,519
20,799
18,239
24,813
36,798
49,835
2,100,944 395,394 395,394
257,978
264,773
104,537
165,234
86,937
83,417
86,937
90,457
83,417
108,179
161,714
211,973
1,705,550
27,976
27,503
13,784
17,248
9,484
8,624
9,484
10,344
8,624
11,974
16,388
22,136
183,571
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
48,000
Marketing expense Sale commission Radio local Brochure Plate/ Poster/ Vinyl Website Total marketing expense
36,000
1,000
36,000
72,000
16,759
16,759
84,985
31,503
17,784
21,498
13,484
12,624
49,734
14,344
12,624
16,224
20,388
26,136
321,330
Operating expense & Administrative expense Salaries
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
752,400
Social security insurance
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
79,200
Office supplies
6,719
0
0
0
6,719
0
0
0
6,719
0
0
0
20,157
Utility expense
4,007
4,117
3,467
3,687
3,417
3,407
3,417
3,427
3,407
3,487
3,677
3,857
43,369
Fire insurance
12,247
Automobile Insurance Administrative Administrative depreciation
12,247
8,900 26,344
8,900 26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
316,128
Total administrative administrative expense
127,517
99,761 99,761
99,111
99,331
105,780
99,051
99,061
99,071
105,770
99,131
99,321
99,501
1,232,401
Operating, Marketing and Administrative Administrative expense
238,005
151,216
136,717
140,695
140,420
131,485
168,607
133,229
139,548
135,181
139,573
145,536
1,800,212
19,972
113,557
-32,180
24,538
-53,483
-48,068 -48,068
-81,670
-42,772
-56,131
-27,002
22,140
66,436
-94,661
40,834
40,834
40,834
40,834 40,834
40,834
40,834
40,834
40,834
40,834
40,834
40,834
740,834
1,190,008
72,723
-73,014
-16,296
-94,317
-88,902
-122,504
-83,606
-96,965
-67,836
-18,694
-674,398
-1,284,669
-73,014
-16,296
-94,317
-88,902
-122,504
-83,606
-96,965
-67,836
-18,694
-674,398
-1,306,486
Earning before interest and tax Interest and loan expense After interest income
-20,862
Income tax (30 %) Net income
21,817 -20,862
50,906
21,817
Meepo studio Company Limited Income Statement For the year ended December, 31 2013 2013
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total 3,989,248
Revenues Sales
600,648
619,088
227,312
392,224
203,312
198,512
203,312
208,112
198,512
241,264
392,536
504,416
Less: Cost of goods sold
114,020
117,161
43,678
73,117
37,278
35,998
37,278
38,558
35,998
45,484
73,062
95,350
746,984
Gross margin
486,628
501,927
183,634
319,107
166,034
162,514
166,034
169,554
162,514
195,780
319,474
409,066
3,242,264
49,549
49,932
21,548
31,917
17,248
16,388
17,248
18,108
16,388
20,595
31,440
40,831
331,194
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
48,000
Marketing expense Sale commission Radio local Brochure Plate/ Poster/ Vinyl Website Total marketing expense
36,000
1,000
36,000
72,000
500
500
90,299
53,932
25,548
36,167
21,248
20,388
57,498
22,108
20,388
24,845
35,440
44,831
452,694
Operating expense & Administrative expense Salaries
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
752,400
Social security insurance
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
79,200
Office supplies
6,719
0
0
0
6,719
0
0
0
6,719
0
0
0
20,157
Utility expense
32,967
4,867
3,737
4,217
3,687
3,677
3,687
21,967
3,677
3,727
4,227
4,547
94,979
Fire insurance
12,247
Automobile Insurance Administrative Administrative depreciation
12,247
8,900 18,271
8,900 18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
219,256
Total administrative administrative expense
148,404
92,438
91,308
91,788
97,977
91,248
91,258
109,538
97,967
91,298
91,798
92,118
1,187,140
Operating, Marketing and Administrative Administrative expense
268,384
164,857
135,118
146,312
138,821
129,886
167,008
153,554
137,949
134,402 134,402
145,598
155,373
1,877,262
Earning before interest and tax
218,244
337,070
48,516
172,795
27,213
32,628
-974
16,000
24,565
61,378
173,877
253,693
1,365,002
36,750
36,750
36,750
36,750
36,750
36,750
36,750
36,750
36,750
36,750
36,750
736,750
1,141,000
After interest income
181,494
300,320
11,766
136,045
-9,537
-4,122
-37,724
-20,750
-12,185
24,628
137,127
-483,057
Income tax (30 %)
54,448
90,096
3,530
40,813
7,388
41,138
127,046
210,224
8,236
95,231
17,239
95,989
Interest and loan expense
Net income
-9,537
-4,122
-37,724
-20,750
-12,185
224,002 237,414
-483,057
-13,411
Meepo studio Company Limited Income Statement For the year ended December, 31 2014 2014
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
Revenues Sales
870,104
924,520
324,168
574,736
300,168
295,368
300,168
304,968
295,368
358,664
569,936
753,424
5,871,592
Less: Cost of goods sold
164,774
173,792
61,438
107,816
55,038
53,758
55,038
56,318
53,758
66,794
106,536
141,205
1,096,262
Gross margin
705,330
750,728
262,730
466,920
245,130
241,610
245,130
248,650
241,610
291,870
463,400
612,219
4,775,330
45,049
46,432
17,048
29,417
15,248
14,888
15,248
15,608
14,888
18,095
29,440
37,831
299,194
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
48,000
Marketing expense Sale commission Radio local Brochure Plate/ Poster/ Vinyl Website Total marketing expense
36,000
1,000
36,000
72,000
500
500
85,799
50,432
21,048
33,667
19,248
18,888
55,498
19,608
18,888
22,345
33,440
41,831
420,694
Operating expense & Administrative expense Salaries
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
752,400
Social security insurance
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
79,200
Office supplies
6,719
0
0
0
6,719
0
0
0
6,719
0
0
0
20,157
Utility expense
5,567
5,717
4,007
4,747
3,957
3,947
3,957
3,967
3,947
4,127
4,737
5,237
53,909
Fire insurance
12,247
Automobile Insurance Administrative Administrative depreciation
12,247
8,900 18,271
8,900 18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
219,256
Total administrative administrative expense
121,004
93,288
91,578
92,318
98,247
91,518
91,528
91,538
98,237
91,698
92,308
92,808
1,146,070
Operating, Marketing and Administrative Administrative expense
231,004
162,377
130,942
144,448
137,145
128,710
165,332
129,454
136,773
132,382 132,382
144,210
153,201
1,795,978
Earning before interest and tax
474,326
588,351
131,788
322,472
107,986
112,900
79,798
119,196
104,838
159,487
319,190
459,018
2,979,352
32,667
32,667
32,667
32,667
32,667
32,667
32,667
32,667
32,667
32,667
32,667
732,667
1,092,004
After interest income
441,659
555,684
99,121
289,805
75,319
80,233
47,131
86,529
72,171
126,820
286,523
-273,649
1,887,348
Income tax (30 %)
132,498
166,705
29,736
86,941
22,596
24,070
14,139
25,959
21,651
38,046
85,957
309,162
388,979
69,385
202,863
52,723
56,163
32,992
60,571
50,519
88,774
200,566
-273,649
1,239,049
Interest and loan expense
Net income
648,299
Meepo studio Company Limited Income Statement For the year ended December, 31 2015 2015
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
Revenues Sales
1,156,184
1,216,904
424,944
763,648
400,944
396,144
400,944
405,744
396,144
477,256
758,848
996,032
7,793,736
Less: Cost of goods sold
218,316
229,022
79,959
142,854
73,559
72,279
73,559
74,839
72,279
88,567
141,574
186,720
1,453,529
Gross margin
937,868
987,882
344,985
620,794
327,385
323,865
327,385
330,905
323,865
388,689
617,274
809,312
6,340,207
86,714
91,268
31,871
57,274
30,071
29,711
30,071
30,431
29,711
35,794
56,914
74,702
584,530
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
4,000 250
4,000
4,000
48,000
Marketing expense Sale commission Radio local Brochure Plate/ Poster/ Vinyl Website Total marketing expense
36,000
1,000
36,000
72,000
500
500
127,464
95,268
35,871
61,524
34,071
33,711
70,321
34,431
33,711
40,044
60,914
78,702
706,030
Operating expense & Administrative expense Salaries
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
752,400
Social security insurance
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
79,200
Office supplies
6,719
0
0
0
6,719
0
0
0
6,719
0
0
0
20,157
Utility expense
6,377
6,557
4,287
5,277
4,237
4,227
4,237
4,247
4,227
4,457
5,267
8,266
61,659
Fire insurance
12,247
Automobile Insurance Administrative Administrative depreciation
12,247
8,900 18,271
8,900 18,271 18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
219,256
Total administrative administrative expense
121,814
94,128
91,858
92,848
98,527
91,798
91,808
91,818
98,517
92,028
92,838
95,837
1,153,819
Operating, Marketing and Administrative Administrative expense
273,641
208,221
146,100
172,941
152,303
143,868
180,490
144,612
151,931
150,478 150,478
172,319
193,707
2,090,613
Earning before interest and tax
664,227
779,661
198,884
447,852
175,082
179,996
146,894
186,292
171,934
238,211
444,954
615,605
4,249,594
28,584
28,584
28,584
28,584
28,584
28,584
28,584
28,584
28,584
28,584
28,584
728,584
1,043,008
After interest income
635,643
751,077
170,300
419,268
146,498
151,412
118,310
157,708
143,350
209,627
416,370
-112,979
3,206,586
Income tax (30 %)
190,693
225,323
51,090
125,781
43,949
45,424
35,493
47,313
43,005
62,888
124,911
444,950
525,754
119,210
293,488
102,548
105,989
82,817
110,396
100,345
146,739
291,459
-112,979
2,210,716
Interest and loan expense
Net income
995,869
Meepo studio Company Limited Income Statement For the year ended December, 31 2016 2016
Jan
Feb Feb
Mar
Apr
May
Jun
Jul
Aug
1,437,152
1,519,608
270,634
285,353
1,166,518
Sep
521,800
953,752
497,800
493,000
497,800
502,600
596,200
97,718
178,355
91,318
90,038
91,318
92,598
101,054
1,234,255
424,082
775,397
406,482
402,962
406,482
410,002
495,146
107,786
113,971
39,135
71,531
37,335
36,975
37,335
37,695
4,000 250
4,000 250
4,000 250
4,000 250
4,000 250
4,000 250
4,000 250
4,000 250
36,000
36,000
36,000 36,000
36,000
36,000
36,000 36,000
36,000
36,000
Oct
Nov
Dec
Total
584,336
948,952
1,238,640
9,791,640
108,776
177,075
232,235
1,816,474
475,560
771,877
1,006,405
7,975,166
44,715
43,825
71,171
92,898
734,373
4,000 250
4,000 250
4,000 250
4,000 250
48,000
36,000 36,000
36,000
36,000
36,000
432,000
Revenues Sales Less: Cost of goods sold Gross margin Marketing expense Sale commission Radio local Brochure Plate/ Poster/ Vinyl Website Total marketing expense
3,000
500
500
500
500
500
500
500
500
500
500
500
500
6,000
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
40,750
489,000
Operating expense & Administrative expense Salaries
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
62,700
752,400
Social security insurance
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
6,600
79,200
Office supplies
6,719
0
0
0
6,719
0
0
0
6,719
0
0
0
20,157
Utility expense
7,167
7,407
4,557
5,817
4,507
4,497
4,507
4,517
4,597
4,767
5,807
6,617
64,759
Fire insurance
12,247
Automobile Insurance Administrative Administrative depreciation
12,247
8,900 26,344
8,900 26,344 26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
316,128
Total administrative administrative expense
130,677
103,051
100,201
101,461
106,870
100,141
100,151
100,161
106,960
100,411
101,451
102,261
1,253,791
Operating, Marketing and Administrative Administrative expense
179,577
151,951
149,101
150,361
155,770 155,770
149,041
149,051
149,061 149,061
155,860
149,311
150,351 150,351
151,161
1,840,591
Earning before interest and tax
986,942
1,082,305
274,981
625,036
250,712
253,921
257,431
260,941
339,286
326,249
621,526
855,244
6,134,574
24,500
24,500
24,500
24,500
24,500
24,500
24,500
24,500
24,500
24,500
24,500
724,500
994,000
962,442
1,057,805
250,481
600,536
226,212
229,421
232,931
236,441
314,786
301,749
597,026
130,744
5,140,574
Interest and loan expense After interest income Income tax (30 %) Net income
288,732
317,341
75,144
180,161
67,864
68,826
69,879
70,932
94,436
90,525
179,108
39,223
1,542,172
673,709
740,463
175,337
420,375
158,348
160,595
163,052
165,509
220,350
211,225
417,918
91,521
3,598,402
Meepo Studio Company Limited Statement Of Cash Flow For the year ended December, 31 2012 2012
Before operating
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
319,680
326,704
130,456
203,312
106,456
101,656
106,456
111,256
101,656
132,992
198,512
261,808
2,100,944
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
316,128
346,024
353,048
156,800
229,656
132,800
128,000
132,800
137,600
128,000
159,336
224,856
288,152
2,417,072
Cash flow from operating activity Cash inflow
Cash received on sales Adjust depreciation Total cash inflow from operating activities Cash outflow
74,043
74,317
31,103
45,694
23,423
21,887
23,423
24,959
21,887
29,775
44,158
59,802
474,472
Marketing expense
Cost of goods sold
101,982
37,803
21,341
25,798
16,181
15,149
59,681
17,213
15,149
19,469
24,466
31,363
385,596
Administrative Administrative expense
153,020
119,713
118,933
119,197
126,936
118,861
118,873
118,885
126,924
118,957
119,185
119,401
1,478,882
11,067 340,112
37,732 269,565
0 171,377
7,267 197,956
0 166,540
0 155,897
0 201,977
0 161,057
0 163,960
0 168,201
6,415 194,224
0 210,566
62,481 2,401,431
5,912
83,483
-14,577
31,700
-33,740
-27,897
-69,177
-23,457
-35,960
-8,865
30,632
77,586
4,818,503
Cash paid for income tax Total cash outflow from operating activities Net cash flow from operating activities Cash flow from investing activity Cash inflow
Land & Building
4,100,000
Equipment
1,419,227
Adminstration tools Registration cost Telephone line &Internet Installment Website cost Bill board Logo Net cash flow from investing activities
549,164 44,500 1,099 16,759 1,600 1,200 6,133,549
Cash flow from financing activity Cash inflow
Cash loan Cash outflow
7,000,000
Repayment for interest and principle loan
-40,834
-40,834
-40,834
-40,834
-40,834
-40,834
-40,834
-40,834
-40,834
-40,834
-40,834
740,834
1,190,008
Net cash flow from financing activities Net Cash
Net increase/decrease increase/decrease in cash
866,451
Beginning cash Ending cash
866,451
5,912
83,483 83,483
-14,577
31,700 31,700
-33,740
-27,897
-69,177
-23,457
-35,960
-8,865
30,632
77,586
15,641
866,451
831,529
874,178
818,767
809,633
735,059
666,329
556,318
492,027
415,233
365,534
0
831,529
874,178
818,767
809,633
735,059
666,329
556,318
492,027
415,233
365,534
355,332
355,332 307,916
-307,916
Meepo Studio Company Limited Statement Of Cash Flow For the year ended December, 31 2013 2013
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
600,648
619,088
227,312
392,224
203,312
198,512
203,312
208,112
198,512
241,264
392,536
504,416
3,989,248
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
219,256
618,919
637,359
245,583
410,495
221,583
216,783
221,583
226,383
216,783
259,535
410,807
522,687
4,208,504
Cash flow from operating activity Cash inflow
Cash received on sales Adjust depreciation Total cash inflow from operating activities Cash outflow
Cost of goods sold
136,824
140,593
52,414
87,740
44,734
43,198
44,734
46,270
43,198
54,581
87,674
114,420
896,381
Marketing expense
108,359
64,718
30,658
43,400
25,498
24,466
68,998
26,530
24,466
29,814
42,528
53,797
543,233
Administrative Administrative expense
178,085
110,926
109,570
110,146
117,572
109,498
109,510
131,446
117,560
109,558
110,158
110,542
1,424,568
99,850
133,287
22,781
70,254
15,470
16,427
6,611
13,064
14,411
27,550
70,606
0
490,309
-523,117
- 449,523
-215,422
-311,540
- 203,275
-193,588
-229,852
-217,309
-199,636
-221,502
-310,966
- 278,759
-3,354,490
95,802
187,836
30,161
98,956
18,309
23,195
-8,269
9,074
17,148
38,034
99,841
243,928
854,014
-36,750
-36,750
-36,750
-36,750
-36,750
-36,750
-36,750
-36,750
-36,750
-36,750
-36,750
-736,750
-1,141,000
Cash paid for income tax Total cash outflow from operating activities Net cash flow from operating activities Cash flow from investing activity Cash inflow
Land & Building Equipment Adminstration tools Registration cost Telephone line &Internet Installment Website cost Bill board Logo Net cash flow from investing activities Cash flow from financing activity Cash inflow
Cash loan Cash outflow
Repayment for interest and principle loan Net cash flow from financing activities
Net Cash
95,802
187,836
30,161
98,956
18,309
23,195
-8,269
9,074
17,148
38,034
99,841
243,928
854,014
Beginning cash
Net increase/decrease increase/decrease in cash
-307,916
-248,864
-97,778
-104,367
-42,161
-60,602
-74,157
-119,176
-146,852
-166,455
-165,171
-102,080
-307,916
Ending cash
-248,864
-97,778
-104,367
-42,161
-60,602
-74,157
-119,176
-146,852
-166,455
-165,171
-102,080
-594,902
-594,902
Meepo Studio Company Limited Statement Of Cash Flow For the year ended December, 31 2014 2014
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
870,104
924,520
324,168
574,736
300,168
295,368
300,168
304,968
295,368
358,664
569,936
753,424
5,871,592
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
219,256
888,375
942,791
342,439
593,007
318,439
313,639
318,439
323,239
313,639
376,935
588,207
771,695
6,090,848 1,315,515
Cash flow from operating activity Cash inflow
Cash received on sales Adjust depreciation Total cash inflow from operating activities Cash outflow
Cost of goods sold
197,728
208,550
73,725
129,379
66,045
64,509
66,045
67,581
64,509
80,153
127,843
169,446
Marketing expense
102,959
60,518
25,258
40,400
23,098
22,666
66,598
23,530
22,666
26,814
40,128
50,197
504,833
Administrative Administrative expense
145,205
111,946
109,894
110,782
117,896
109,822
109,834
109,846
117,884
110,038
110,770
111,370
1,375,284
Cash paid for income tax Total cash outflow from operating activities Net cash flow from operating activities
192,658
228,607
54,936
127,499
46,875
47,682
38,016
50,100
45,666
65,438
126,250
0
1,023,728
-638,550
- 609,621
-263,813
-408,060
- 253,915
-244,679
-280,493
-251,057
-250,726
-282,443
-404,991
- 331,013
-4,219,359
249,825
333,170
78,627
184,947
64,525
68,961
37,947
72,183
62,914
94,493
183,216
440,683
1,871,489
-32,667
-32,667
-32,667
-32,667
-32,667
-32,667
-32,667
-32,667
-32,667
-32,667
-32,667
-732,667
-1,092,004
Cash flow from investing activity Cash inflow
Land & Building Equipment Adminstration tools Registration cost Telephone line &Internet Installment Website cost Bill board Logo Net cash flow from investing activities Cash flow from financing activity Cash inflow
Cash loan Cash outflow
Repayment for interest and principle loan Net cash flow from financing activities
Net Cash
Net increase/decrease increase/decrease in cash
249,825
333,170
78,627
184,947
64,525
68,961 68,961
37,947
72,183
62,914
94,493
183,216
440,683
1,871,489
Beginning cash
-594,902
-377,744
-77,240
-31,280
121,000
152,857
189,151
194,431
233,946
264,193
326,019
476,567
-594,902
Ending cash
-377,744
-77,240
-31,280
121,000
152,857
189,151
194,431
233,946
264,193
326,019
476,567
184,583
184,583
Meepo Studio Company Limited Statement Of Cash Flow For the year ended December, 31 2015 2015
Jan
Feb
Mar
1,156,184
1,216,904
424,944
18,271
18,271
18,271
1,174,455
1,235,175
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
763,648
400,944
396,144
400,944
405,744
396,144
477,256
758,848
996,032
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
18,271
219,256
443,215
781,919
419,215
414,415
419,215
424,015
414,415
495,527
777,119
1,014,303
8,012,992 1,744,235
Cash flow from operating activity Cash inflow
Cash received on sales Adjust depreciation Total cash inflow from operating activities
7,793,736
Cash outflow
Cost of goods sold
261,979
274,826
95,951
171,425
88,271
86,735
88,271
89,807
86,735
106,281
169,889
224,064
Marketing expense
152,957
114,321
43,045
73,828
40,885
40,453
84,385
41,317
40,453
48,053
73,096
94,443
847,236
Administrative Administrative expense
146,177
112,954
110,230
111,418
118,232
110,158
110,170
110,182
118,220
110,434
111,406
115,005
1,384,583
Cash paid for income tax Total cash outflow from operating activities Net cash flow from operating activities
268,342
305,062 305,062
82,475
177,911 177,911
74,415
75,221
65,555 65,555
77,639
73,206
97,561 97,561
176,777
32,555
1,506,720
-829,455
-807,163
- 331,701
-534,582
-321,803
-312,567
-348,381
-318,945
- 318,614
-362,329
-531,168
-466,067
-5,482,775
345,000
428,013
111,514
247,337
97,412
101,848
70,834
105,070
95,801
133,199
245,951
548,237
13,495,767
-28,584
-28,584
-28,584
-28,584
-28,584
-28,584
-28,584
-28,584
-28,584
-28,584
-28,584
-728,584
-1,043,008
Cash flow from investing activity Cash inflow
Land & Building Equipment Adminstration tools Registration cost Telephone line &Internet Installment Website cost Bill board Logo Net cash flow from investing activities Cash flow from financing activity Cash inflow
Cash loan Cash outflow
Repayment for interest and principle loan Net cash flow from financing activities
Net Cash
Net increase/decrease increase/decrease in cash
345,000
428,013
111,514
247,337
97,412
101,848
70,834
105,070
95,801
133,199
245,951
548,237
Beginning cash
184,583
501,000
900,428
983,358
1,202,112
1,270,940
1,344,204 1,344,204
1,386,455
1,462,941 1,462,941
1,530,158
1,634,773
1,852,140
2,530,218 184,583
Ending cash
501,000
900,428
983,358
1,202,112
1,270,940
1,344,204
1,386,455 1,386,455
1,462,941
1,530,158 1,530,158
1,634,773
1,852,140
1,671,793
1,671,793
Meepo Studio Company Limited Statement Of Cash Flow For the year ended December, 31 2016 2016
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
1,437,152
1,519,608
521,800
953,752
497,800
493,000 493,000
497,800 497,800
502,600 502,600
596,200
584,336
948,952 948,952
1,238,640
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
26,344
316,128
1,463,496
1,545,952
548,144
980,096
524,144
519,344
524,144
528,944
622,544
610,680
975,296
1,264,984
10,107,768
Cost of goods sold
324,760
342,423
117,262
214,026
109,582
108,046
109,582
111,118
121,265
130,531
212,490
278,682
2,179,769
Marketing expense
48,900
48,900
48,900
48,900
48,900
48,900
48,900
48,900
48,900
48,900
48,900
48,900
586,800
156,812
123,661
120,241
121,753
128,244
120,169
120,181
120,193
128,352
120,493
121,741
122,713
1,504,550
Cash flow from operating activity Cash inflow
Cash received on sales Adjust depreciation Total cash inflow from operating activities
9,791,640
Cash outflow
Administrative Administrative expense Cash paid for income tax Total cash outflow from operating activities Net cash flow from operating activities
378,666
412,356
109,395
240,761
100,795 100,795
101,493
102,810
104,127 104,127
134,017
128,637
239,444
117,149
2,169,650 2,169,650
-909,139
-927,340
-395,798
-625,440
-387,520
-378,608
-381,473
-384,338
-432,534
-428,561
-622,575
-567,444
-6,440,769
554,357
618,612
152,346
354,656
136,624
140,736 140,736
142,671
144,606
190,010
182,119
352,721 352,721
697,540
3,666,999
-24,500
-24,500
-24,500
-24,500
-24,500
-24,500
-24,500
-24,500
-24,500
-24,500
-24,500
-724,500
-994,000
Cash flow from investing activity Cash inflow
Land & Building Equipment Adminstration tools Registration cost Telephone line &Internet Installment Website cost Bill board Logo Net cash flow from investing activities Cash flow from financing activity Cash inflow
Cash loan Cash outflow
Repayment for interest and principle loan Net cash flow from financing activities
Net Cash
554,357
618,612
152,346
354,656 354,656
136,624 136,624
140,736 140,736
142,671 142,671
144,606
190,010
182,119 182,119
352,721
697,540
3,666,999
Beginning cash
Net increase/decrease increase/decrease in cash
1,671,793
2,201,650
2,795,763
2,923,608
3,253,765
3,365,888
3,482,124
3,600,295
3,720,401
3,885,911
4,043,530
4,371,752
1,671,793
Ending cash
2,201,650
2,795,763
2,923,608
3,253,765
3,365,888
3,482,124
3,600,295
3,720,401
3,885,911
4,043,530
4,371,752
4,344,792
4,344,792
Resume
Resume
Mr.Korawit Laohachaiarun Address: 333 m.1 Thasut ,Meung, Chiang Rai 57100 Tel.089-7066699 E-mail:
[email protected]
Objective
Success in medium-sized businesses and use of knowledge, problem solving and decision making on issues properly. Personnal Information Age : 22 Nationality : Thai Religion : Buddhism Height : 170 centimeters Weight : 72kilograms Marital Status : Single Health : Excellence Education 2004-2006 2007-2010
Phichit Pittayakorm school, Phichit Mae Fah Luang University, Business Administration
Skill - Good of English - Work hard and good good responsibility - Good personality and co-operating with other - Words, Excels, Adobe Photoshop, Power Point, e-mails - Ability to drive
Resume
Mr. Kiattisak Sanguannam Address: 333 m.1 Thasut ,Meung, Chiang Rai 57100 Tel.086-9432997 E-mail:
[email protected]
Objective
Successful medium-sized businesses in the long term. And create stability in the business or organization. Personal Information Age : 21 Nationality : Thai Religion : Buddhism Height : 172 centimeters Weight : 65 kilograms Marital Status : Single Health : Excellence Education 2004-2006 2007-2010
Phuket Pittayakorm school, Phuket Mae Fah Luang University, Business Administration
Skill - Good of English - Work hard and good good responsibility - Good personality and co-operating with other - Words, Excels, Adobe Photoshop, Power Point, e-mails - Ability to drive
Resume
Mr. Piyachot Chaiyachot Address: 333 m.1 Thasut ,Meung, Chiang Rai 57100 Tel.086-7309725 E-mail:
[email protected]
Objective
Successful medium-sized businesses in the long term. And develop a business or organization have just more advanced. Personal Information Age : 20 Nationality : Thai Religion : Buddhism Height : 171 centimeters Weight : 68 kilograms Marital Status : Single Health : Excellence Education 2004-2006 2007-2010
Phitsanulok Pittayakorm school, Phitsanulok Mae Fah Luang University, Business Administration
Skill - Good of English - Work hard and good good responsibility - Good personality and co-operating with other - Words , Excels , Adobe Photoshop , Power Point , e-mails - Ability to drive
Resume
Miss Wijittra Chaiprapa Address: 333 m.1 Thasut ,Meung, Chiang Rai 57100 Tel.087-3565186 E-mail:
[email protected]
Objective
Wish to use the capability in management. HR work, particularly the development of human and organizational development in medium-sized businesses Personal Information Age : 21 Nationality : Thai Religion : Buddhism Height : 167centimeters Weight : 47 kilograms Marital Status : Single Health : Excellence Education 2005-2007 Krungthon Chiangrai College of Technology, Chiang Rai 2008-2011 Mae Fah Luang University, Business Administration Skill - Good of English - Work hard and good responsibility responsibil ity - Good personality and co-operating with other - Words, Excels, Adobe Photoshop, Power Point, e-mails
Resume
Miss Samita Wilasuksri Address: 333 m.1 Thasut ,Meung, Chiang Rai 57100 Tel.080-5550246 E-mail:
[email protected]
Objective
Success in medium-sized businesses and use of knowledge, problem solving and decision making on issues properly. Personal Information Age : 20 Nationality : Thai Religion : Buddhism Height : 170 centimeters Weight : 56 kilograms Marital Status : Single Health : Excellence Education 2005-2007 Suratthani 2 school, Suratthani 2008-2011 Mae Fah Luang University, Business Administration Skill - Good of English - Work hard and good good responsibility - Good personality and co-operating with other - Words, Excels, Adobe Photoshop, Power Point, e-mails