Cash Flow Model Template

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New Software, Inc. Financial Model: Table of Contents 1) PRELIMINARY STATEMENTS - Instructions - Assumptions 2) SUMMARY STATEMENTS - Income Statement - Balance Sheet - Statement of Sources & Uses - Revenue, Gross Margin, & Profit Graph - Breakeven Chart 3) DETAILED FINANCIAL STATEMENTS - Receipts & Disbursements - Statement of Sources & Uses - Income Statement - Balance Sheet 4) SALES PROJECTIONS AND MARGIN ANALYSES - Product Sales - License Fees - Consulting Services - Maintenance Contracts 5) STAFFING PLAN 6) EQUIPMENT PURCHASES 7) MANUFACTURING & INVENTORY 8) RENT & TAXES 9) FINANCING ACTIVITIES Page 1 Page 2 Page 4 Page 5 Page 6 Page 7 Page 8 Page 9 Page 12 Page 15 Page 21 Page 24 Page 27 Page 30 Page 33 Page 36 Page 42 Page 48 Page 51 Page 54 Softwar e 3.3 New Software, Inc. Financial Model: Assumptions SALES UNITS SALES Product Sales License Fees Consulting Services Maintenance Contracts FY 1997 - FY 1998 - FY 1999 - FY 2000 - FY 2001 - AVERAGE UNIT PRICE Product Sales License Fees Consulting Services Maintenance Contracts FY 1997 - FY 1998 - FY 1999 - FY 2000 - FY 2001 - COST OF GOODS AVERAGE UNIT COST Product Sales License Fees Consulting Services Maintenance Contracts FY 1997 - FY 1998 - FY 1999 - FY 2000 - FY 2001 - Returns.................................................................................................................................................................................................." (as a percentage of Product Sales revenue)........................................................................................................................................................... 0% Returns.................................................................................................................................................................................................." (as a percentage of License Fees revenue)............................................................................................................................................................ 0% Returns.................................................................................................................................................................................................." (as a percentage of Consulting Services revenue)................................................................................................................................................. 0% Returns.................................................................................................................................................................................................." (as a percentage of Maintenance Contracts revenue)............................................................................................................................................ 0% BALANCE SHEET Accounts Receivable (adjustable up to 360 days)................................................................................................................................................................................................................ (in days)................................................................................................................................................................................. 0 days Inventory (adjustable up to 360 days).......................................................................................................................................................................................................................... (in days)................................................................................................................................................................................. 0 days Available Credit Line......................................................................................................................................................................................................................................... (as a percentage of net accounts receivable)......................................................................................................................... 0% Maximum Credit Line Used..................................................................................................................................................................................................................................... (amount borrowed not to exceed)........................................................................................................................................... $0 Capital Equipment Lease Term (1 year minimum).............................................................................................................................................................................................................. (in years)................................................................................................................................................................................ 3 years Page 2 New Software, Inc. Financial Model: Assumptions Long Term Borrowings Term (1 year minimum).............................................................................................................................................................................................................. (in years)................................................................................................................................................................................ 5 years DEPRECIATION Technical Support Research & Development Sales & Marketing General & Adminstrative Hardware 3 years 3 years 3 years 3 years Software 3 years 3 years 3 years 3 years Furn & Fixtures 3 years 3 years 3 years 3 years Page 3 New Software, Inc. Financial Model: Assumptions EXPENSES HEADCOUNT Technical Support Research & Development Sales & Marketing General & Adminstrative TOTAL FY 1997 - FY 1998 - FY 1999 - FY 2000 - FY 2001 - PER PERSON EXPENSES Technical Support Research & Development Sales & Marketing General & Adminstrative Supplies - Travel & Meals - Phone/Postage - EQUIPMENT PURCHASES Technical Support Research & Development Sales & Marketing General & Adminstrative Hardware - Software - Furn & Fixtures - Benefits & Taxes....................................................................................................................................................................................... (as a percentage of salaries).................................................................................................................................................. 0% Salary Increases.................................................................................................................................................................................................. (as an annual percentage)...................................................................................................................................................... 0% Sales Commissions..................................................................................................................................................................................................... (as a percentage of sales)...................................................................................................................................................... 0% Total Sales Through Commissions................................................................................................................................................... 0% (as a percentage of total revenue).......................................................................................................................................... Business Insurance.................................................................................................................................................................................................. (as a percentage of total revenue).......................................................................................................................................... 0% Anticipated Bad Debt................................................................................................................................................................................................... (as a percentage of collections).............................................................................................................................................. 0% Interest Expense On Credit Line.................................................................................................................................................................................................... (as a percentage of outstanding balance)............................................................................................................................... 0% Interest Expense On Capital Equipment Lease.................................................................................................................................................................................................... (as a percentage of outstanding balance)............................................................................................................................... 0% Interest Expense On Long Term Borrowings.................................................................................................................................................................................................... (as a percentage of outstanding balance)............................................................................................................................... 0% Combined Federal & State Tax Rate................................................................................................................................................................................. (as a percentage of positive cumulative income).................................................................................................................... 0% Office Rent................................................................................................................................................................................................................ (per square foot)..................................................................................................................................................................... $0.00 Minimum Office Space...................................................................................................................................................................................................................... (square footage per person)................................................................................................................................................... 0 sq ft Term of Office Lease...................................................................................................................................................................................................................... (in months)............................................................................................................................................................................. 0 mos Utilities Expense........................................................................................................................................................................................................... (per square foot)..................................................................................................................................................................... $0.00 Maintanence Expense................................................................................................................................................................................................ (per square foot)..................................................................................................................................................................... $0.00 Page 4 New Software, Inc. Financial Model: Assumptions Page 5 RECEIPTS & DISBURSEMENTS New Software, Inc. 12-Aug-08 7:26 PM BEGINNING CASH Receipts Collections Financings Borrowings Interest Revenue Total receipts Disbursements Salaries Benefits & Empl Taxes Incentives/commissions Direct Material Returns Advertising Promotional Material Trade Shows Supplies/Materials Travel & Meals Telephone/Postage Maintenance & Repair Rent Utilities Insurance Consultants Professional Services Taxes Equipment Purchases Debt Repayments Interest Expense Prior Accounts Payable Total Disbursements Changes in Cash ENDING CASH Month 1 Apr-97 0 Month 2 May-97 0 Month 3 Jun-97 0 Month 4 Jul-97 0 Month 5 Aug-97 0 Month 6 Sep-97 0 Month 7 Oct-97 0 Month 8 Nov-97 0 Month 9 Dec-97 0 Month 10 Jan-98 0 Month 11 Feb-98 0 Month 12 Mar-98 0 Total FY 1997 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Page 9 RECEIPTS & DISBURSEMENTS New Software, Inc. 12-Aug-08 7:26 PM BEGINNING CASH Receipts Collections Financings Borrowings Interest Revenue Total receipts Disbursements Salaries Benefits & Empl Taxes Incentives/commissions Direct Material Returns Advertising Promotional Material Trade Shows Supplies/Materials Travel & Meals Telephone/Postage Maintenance & Repair Rent Utilities Insurance Consultants Professional Services Taxes Equipment Purchases Debt Repayments Interest Expense Prior Accounts Payable Total Disbursements Changes in Cash ENDING CASH Month 13 Apr-98 0 Month 14 May-98 0 Month 15 Jun-98 0 Month 16 Jul-98 0 Month 17 Aug-98 0 Month 18 Sep-98 0 Month 19 Oct-98 0 Month 20 Nov-98 0 Month 21 Dec-98 0 Month 22 Jan-99 0 Month 23 Feb-99 0 Month 24 Mar-99 0 Total FY 1998 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Page 10 RECEIPTS & DISBURSEMENTS New Software, Inc. 12-Aug-08 7:26 PM BEGINNING CASH Receipts Collections Financings Borrowings Interest Revenue Total receipts Disbursements Salaries Benefits & Empl Taxes Incentives/commissions Direct Material Returns Advertising Promotional Material Trade Shows Supplies/Materials Travel & Meals Telephone/Postage Maintenance & Repair Rent Utilities Insurance Consultants Professional Services Taxes Equipment Purchases Debt Repayments Interest Expense Prior Accounts Payable Total Disbursements Changes in Cash ENDING CASH Total FY 1999 0 Total FY 2000 0 Total FY 2001 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Page 11 STATEMENT OF SOURCES AND USES New Software, Inc. 12-Aug-08 7:26 PM BEGINNING CASH Sources of Cash Net Income Add Depr/Amort Issuance of Preferred Stock Issuance of Common Stock Plus Changes In: Accounts Payable (30 days) Salaries Payable (15 days) Taxes Payable (90 days) Additions to Line of Credit Additions to Cap Equip Lease Additions to Long Term Debt Month 1 Apr-97 0 Month 2 May-97 0 Month 3 Jun-97 0 Month 4 Jul-97 0 Month 5 Aug-97 0 Month 6 Sep-97 0 Month 7 Oct-97 0 Month 8 Nov-97 0 Month 9 Dec-97 0 Month 10 Jan-98 0 Month 11 Feb-98 0 Month 12 Mar-98 0 Total FY 1997 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Page 12 STATEMENT OF SOURCES AND USES New Software, Inc. 12-Aug-08 7:26 PM BEGINNING CASH Sources of Cash Net Income Add Depr/Amort Issuance of Preferred Stock Issuance of Common Stock Plus Changes In: Accounts Payable (30 days) Salaries Payable (15 days) Taxes Payable (90 days) Additions to Line of Credit Additions to Cap Equip Lease Additions to Long Term Debt Month 13 Apr-98 0 Month 14 May-98 0 Month 15 Jun-98 0 Month 16 Jul-98 0 Month 17 Aug-98 0 Month 18 Sep-98 0 Month 19 Oct-98 0 Month 20 Nov-98 0 Month 21 Dec-98 0 Month 22 Jan-99 0 Month 23 Feb-99 0 Month 24 Mar-99 0 Total FY 1998 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Page 13 STATEMENT OF SOURCES AND USES New Software, Inc. 12-Aug-08 7:26 PM BEGINNING CASH Sources of Cash Net Income Add Depr/Amort Issuance of Preferred Stock Issuance of Common Stock Plus Changes In: Accounts Payable (30 days) Salaries Payable (15 days) Taxes Payable (90 days) Additions to Line of Credit Additions to Cap Equip Lease Additions to Long Term Debt Total FY 1999 0 Total FY 2000 0 Total FY 2001 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Page 14 Total Sources of Cash Uses of Cash Less Changes In: Net Accounts Rec Inventory (0 days) Gross Fixed Assets Reductions Line of Credit Reductions To Cap Equip Lease Reductions To Long Term Debt Total Uses CHANGES IN CASH ENDING CASH 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Page 15 Total Sources of Cash Uses of Cash Less Changes In: Net Accounts Rec Inventory (0 days) Gross Fixed Assets Reductions Line of Credit Reductions To Cap Equip Lease Reductions To Long Term Debt Total Uses CHANGES IN CASH ENDING CASH 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Page 16 Total Sources of Cash Uses of Cash Less Changes In: Net Accounts Rec Inventory (0 days) Gross Fixed Assets Reductions Line of Credit Reductions To Cap Equip Lease Reductions To Long Term Debt Total Uses CHANGES IN CASH ENDING CASH 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Page 17 INCOME STATEMENT New Software, Inc. 12-Aug-08 7:26 PM Revenue Product Sales License Fees Consulting Services Maintenance Contracts Total Revenue Expenses Cost of Goods Sold Direct Labor Other Direct Costs Direct Materials Returns Total COGS Gross Margin % of Sales Operating Expenses RESEARCH & DEVELOPMENT Headcount Salary Incentives Benefits & Taxes Consultants Supplies/ Materials Travel & Meals Telephone/Postage Operations Setup Depreciation Total Expenses % of Sales SALES & MARKETING Headcount Salary Incentives/Commissions Benefits & Taxes Supplies Travel & Meals Telephone/Postage Depreciation Month 1 Apr-97 Month 2 May-97 Month 3 Jun-97 Month 4 Jul-97 Month 5 Aug-97 Month 6 Sep-97 Month 7 Oct-97 Month 8 Nov-97 Month 9 Dec-97 Month 10 Jan-98 Month 11 Feb-98 Month 12 Mar-98 Total FY 1997 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0% 0 0 0 0 0 0 0% 0 0 0 0 0 0 0% 0 0 0 0 0 0 0% 0 0 0 0 0 0 0% 0 0 0 0 0 0 0% 0 0 0 0 0 0 0% 0 0 0 0 0 0 0% 0 0 0 0 0 0 0% 0 0 0 0 0 0 0% 0 0 0 0 0 0 0% 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Page 18 INCOME STATEMENT New Software, Inc. 12-Aug-08 7:26 PM Revenue Product Sales License Fees Consulting Services Maintenance Contracts Total Revenue Expenses Cost of Goods Sold Direct Labor Other Direct Costs Direct Materials Returns Total COGS Gross Margin % of Sales Operating Expenses RESEARCH & DEVELOPMENT Headcount Salary Incentives Benefits & Taxes Consultants Supplies/ Materials Travel & Meals Telephone/Postage Operations Setup Depreciation Total Expenses % of Sales SALES & MARKETING Headcount Salary Incentives/Commissions Benefits & Taxes Supplies Travel & Meals Telephone/Postage Depreciation Month 13 Apr-98 Month 14 May-98 Month 15 Jun-98 Month 16 Jul-98 Month 17 Aug-98 Month 18 Sep-98 Month 19 Oct-98 Month 20 Nov-98 Month 21 Dec-98 Month 22 Jan-99 Month 23 Feb-99 Month 24 Mar-99 Total FY 1998 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0% 0 0 0 0 0 0 0% 0 0 0 0 0 0 0% 0 0 0 0 0 0 0% 0 0 0 0 0 0 0% 0 0 0 0 0 0 0% 0 0 0 0 0 0 0% 0 0 0 0 0 0 0% 0 0 0 0 0 0 0% 0 0 0 0 0 0 0% 0 0 0 0 0 0 0% 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Page 19 INCOME STATEMENT New Software, Inc. 12-Aug-08 7:26 PM Revenue Product Sales License Fees Consulting Services Maintenance Contracts Total Revenue Expenses Cost of Goods Sold Direct Labor Other Direct Costs Direct Materials Returns Total COGS Gross Margin % of Sales Operating Expenses RESEARCH & DEVELOPMENT Headcount Salary Incentives Benefits & Taxes Consultants Supplies/ Materials Travel & Meals Telephone/Postage Operations Setup Depreciation Total Expenses % of Sales SALES & MARKETING Headcount Salary Incentives/Commissions Benefits & Taxes Supplies Travel & Meals Telephone/Postage Depreciation Total FY 1999 Total FY 2000 Total FY 2001 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0% 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Page 20 Total Expenses % of Sales 0 0% 0 0% 0 0% 0 0% 0 0% 0 0% 0 0% 0 0% 0 0% 0 0% 0 0% 0 0% 0 0% Page 21 Total Expenses % of Sales 0 0% 0 0% 0 0% 0 0% 0 0% 0 0% 0 0% 0 0% 0 0% 0 0% 0 0% 0 0% 0 0% Page 22 Total Expenses % of Sales 0 0% 0 0% 0 0% Page 23 INCOME STATEMENT New Software, Inc. 12-Aug-08 7:26 PM Adv/Promotion Advertising Trade Shows Collateral Total Adv/Promotion % of Sales GENERAL & ADMINSTRATIVE Headcount Salary Incentives Benefits & Taxes Office Supplies Travel & Meals Telephone/Postage Insurance Professional Services Bad Debt Office Rent Utilities Maint/Repair Depreciation Total Expenses % of Sales Total Operating Exp % of Sales Income Before Int & Taxes % of Sales Interest Interest Revenue Interest Expense (0% of Credit Line) Interest Expense - (0% of Cap. Equip. Lease) Interest Expense - (0% of Long Term Debt) Net Interest Revenue Income Before Taxes Tax Exp Net Income % of Sales Month 1 Apr-97 Month 2 May-97 Month 3 Jun-97 Month 4 Jul-97 Month 5 Aug-97 Month 6 Sep-97 Month 7 Oct-97 Month 8 Nov-97 Month 9 Dec-97 Month 10 Jan-98 Month 11 Feb-98 Month 12 Mar-98 Total FY 1997 0 0 0 0 0% 0 0 0 0 0% 0 0 0 0 0% 0 0 0 0 0% 0 0 0 0 0% 0 0 0 0 0% 0 0 0 0 0% 0 0 0 0 0% 0 0 0 0 0% 0 0 0 0 0% 0 0 0 0 0% 0 0 0 0 0% 0 0 0 0 0% 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0% 0 0% 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0% 0 0% 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0% 0 0% 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0% 0 0% 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0% 0 0% 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0% 0 0% 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0% 0 0% 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0% 0 0% 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0% 0 0% 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0% 0 0% 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0% 0 0% 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0% 0 0% 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0% 0 0% 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0% Page 24 INCOME STATEMENT New Software, Inc. 12-Aug-08 7:26 PM Adv/Promotion Advertising Trade Shows Collateral Total Adv/Promotion % of Sales GENERAL & ADMINSTRATIVE Headcount Salary Incentives Benefits & Taxes Office Supplies Travel & Meals Telephone/Postage Insurance Professional Services Bad Debt Office Rent Utilities Maint/Repair Depreciation Total Expenses % of Sales Total Operating Exp % of Sales Income Before Int & Taxes % of Sales Interest Interest Revenue Interest Expense (0% of Credit Line) Interest Expense - (0% of Cap. Equip. Lease) Interest Expense - (0% of Long Term Debt) Net Interest Revenue Income Before Taxes Tax Exp Net Income % of Sales Month 13 Apr-98 Month 14 May-98 Month 15 Jun-98 Month 16 Jul-98 Month 17 Aug-98 Month 18 Sep-98 Month 19 Oct-98 Month 20 Nov-98 Month 21 Dec-98 Month 22 Jan-99 Month 23 Feb-99 Month 24 Mar-99 Total FY 1998 0 0 0 0 0% 0 0 0 0 0% 0 0 0 0 0% 0 0 0 0 0% 0 0 0 0 0% 0 0 0 0 0% 0 0 0 0 0% 0 0 0 0 0% 0 0 0 0 0% 0 0 0 0 0% 0 0 0 0 0% 0 0 0 0 0% 0 0 0 0 0% 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0% 0 0% 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0% 0 0% 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0% 0 0% 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0% 0 0% 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0% 0 0% 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0% 0 0% 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0% 0 0% 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0% 0 0% 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0% 0 0% 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0% 0 0% 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0% 0 0% 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0% 0 0% 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0% 0 0% 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0% Page 25 INCOME STATEMENT New Software, Inc. 12-Aug-08 7:26 PM Adv/Promotion Advertising Trade Shows Collateral Total Adv/Promotion % of Sales GENERAL & ADMINSTRATIVE Headcount Salary Incentives Benefits & Taxes Office Supplies Travel & Meals Telephone/Postage Insurance Professional Services Bad Debt Office Rent Utilities Maint/Repair Depreciation Total Expenses % of Sales Total Operating Exp % of Sales Income Before Int & Taxes % of Sales Interest Interest Revenue Interest Expense (0% of Credit Line) Interest Expense - (0% of Cap. Equip. Lease) Interest Expense - (0% of Long Term Debt) Net Interest Revenue Income Before Taxes Tax Exp Net Income % of Sales Total FY 1999 Total FY 2000 Total FY 2001 0 0 0 0 0% 0 0 0 0 0% 0 0 0 0 0% 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0% 0 0% 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0% 0 0% 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0% 0 0% 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0% 0 0 0 0 0 0 0 0 0% Page 26 BALANCE SHEET New Software, Inc. 12-Aug-08 7:26 PM ASSETS Current Assets Cash Gross Accounts Receivable (0 days) Month 1 Apr-97 Month 2 May-97 Month 3 Jun-97 Month 4 Jul-97 Month 5 Aug-97 Month 6 Sep-97 Month 7 Oct-97 Month 8 Nov-97 Month 9 Dec-97 Month 10 Jan-98 Month 11 Feb-98 Month 12 Mar-98 Total FY 1997 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Page 27 BALANCE SHEET New Software, Inc. 12-Aug-08 7:26 PM ASSETS Current Assets Cash Gross Accounts Receivable (0 days) Month 13 Apr-98 Month 14 May-98 Month 15 Jun-98 Month 16 Jul-98 Month 17 Aug-98 Month 18 Sep-98 Month 19 Oct-98 Month 20 Nov-98 Month 21 Dec-98 Month 22 Jan-99 Month 23 Feb-99 Month 24 Mar-99 Total FY 1998 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Page 28 BALANCE SHEET New Software, Inc. 12-Aug-08 7:26 PM ASSETS Current Assets Cash Gross Accounts Receivable (0 days) Total FY 1999 Total FY 2000 Total FY 2001 0 0 0 0 0 0 Page 29 Allow for Doubtful Accts (0%) Net Accounts Rec Inventory (0 days) Total Current Assets Gross Fixed Assets Computer Hardware Computer Software Furniture & Fixtures Total Gross Fixed Assets Accumulated Depreciation Computer Hardware Computer Software Furniture & Fixtures Total Accum Deprec Net Fixed Assets TOTAL ASSETS LIABILITIES Short Term Liabilities Accounts Payable (30 days) Salaries Payable (15 days) Taxes Payable (90 days) Line of Credit (0% of net A/R) Current Portion of Cap Equip Lease Current Portion of Long Term Debt Total ST Liabs Long Term Liabilities Capital Equipment Lease (3 years) Long Term Debt (5 years) Total LT Liabs TOTAL LIABILITIES Equity Preferred Stock Common Stock Retained Earnings Total Equity LIABILITIES & EQUITY 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Page 30 Allow for Doubtful Accts (0%) Net Accounts Rec Inventory (0 days) Total Current Assets Gross Fixed Assets Computer Hardware Computer Software Furniture & Fixtures Total Gross Fixed Assets Accumulated Depreciation Computer Hardware Computer Software Furniture & Fixtures Total Accum Deprec Net Fixed Assets TOTAL ASSETS LIABILITIES Short Term Liabilities Accounts Payable (30 days) Salaries Payable (15 days) Taxes Payable (90 days) Line of Credit (0% of net A/R) Current Portion of Cap Equip Lease Current Portion of Long Term Debt Total ST Liabs Long Term Liabilities Capital Equipment Lease (3 years) Long Term Debt (5 years) Total LT Liabs TOTAL LIABILITIES Equity Preferred Stock Common Stock Retained Earnings Total Equity LIABILITIES & EQUITY 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Page 31 Allow for Doubtful Accts (0%) Net Accounts Rec Inventory (0 days) Total Current Assets Gross Fixed Assets Computer Hardware Computer Software Furniture & Fixtures Total Gross Fixed Assets Accumulated Depreciation Computer Hardware Computer Software Furniture & Fixtures Total Accum Deprec Net Fixed Assets TOTAL ASSETS LIABILITIES Short Term Liabilities Accounts Payable (30 days) Salaries Payable (15 days) Taxes Payable (90 days) Line of Credit (0% of net A/R) Current Portion of Cap Equip Lease Current Portion of Long Term Debt Total ST Liabs Long Term Liabilities Capital Equipment Lease (3 years) Long Term Debt (5 years) Total LT Liabs TOTAL LIABILITIES Equity Preferred Stock Common Stock Retained Earnings Total Equity LIABILITIES & EQUITY 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Page 32 SALES PROJECTIONS & MARGIN ANALYSIS Product Sales 12-Aug-08 7:26 PM Units s.k.u. 1 s.k.u. 2 Total Units Price s.k.u. 1 s.k.u. 2 Revenue Month 1 Apr-97 Month 2 May-97 Month 3 Jun-97 Month 4 Jul-97 Month 5 Aug-97 Month 6 Sep-97 Month 7 Oct-97 Month 8 Nov-97 Month 9 Dec-97 Month 10 Jan-98 Month 11 Feb-98 Month 12 Mar-98 Total FY 1997 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Page 33 SALES PROJECTIONS & MARGIN ANALYSIS Product Sales 12-Aug-08 7:26 PM Units s.k.u. 1 s.k.u. 2 Total Units Price s.k.u. 1 s.k.u. 2 Revenue Month 13 Apr-98 Month 14 May-98 Month 15 Jun-98 Month 16 Jul-98 Month 17 Aug-98 Month 18 Sep-98 Month 19 Oct-98 Month 20 Nov-98 Month 21 Dec-98 Month 22 Jan-99 Month 23 Feb-99 Month 24 Mar-99 Total FY 1998 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Page 34 SALES PROJECTIONS & MARGIN ANALYSIS Product Sales 12-Aug-08 7:26 PM Units s.k.u. 1 s.k.u. 2 Total Units Price s.k.u. 1 s.k.u. 2 Revenue Total FY 1999 Total FY 2000 Total FY 2001 0 0 0 0 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0.00 Page 35 s.k.u. 1 s.k.u. 2 Total Revenue Proportion of Total Revenues COGS Unit Cost s.k.u. 1 s.k.u. 2 Direct Materials Cost s.k.u. 1 s.k.u. 2 Total Direct Materials Returns (0% of product revenue) Total COGS GROSS MARGIN Gross Margin % of Sales 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% Page 36 s.k.u. 1 s.k.u. 2 Total Revenue Proportion of Total Revenues COGS Unit Cost s.k.u. 1 s.k.u. 2 Direct Materials Cost s.k.u. 1 s.k.u. 2 Total Direct Materials Returns (0% of product revenue) Total COGS GROSS MARGIN Gross Margin % of Sales 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% Page 37 s.k.u. 1 s.k.u. 2 Total Revenue Proportion of Total Revenues COGS Unit Cost s.k.u. 1 s.k.u. 2 Direct Materials Cost s.k.u. 1 s.k.u. 2 Total Direct Materials Returns (0% of product revenue) Total COGS GROSS MARGIN Gross Margin % of Sales 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0.00 0.00 0.00 0.00 0.00 0.00 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% Page 38 SALES PROJECTIONS & MARGIN ANALYSIS License Fees 12-Aug-08 7:26 PM Units s.k.u. 1 s.k.u. 2 Total Units Price s.k.u. 1 s.k.u. 2 Revenue s.k.u. 1 s.k.u. 2 Total Revenue Proportion of Total Revenues COGS Unit Cost s.k.u. 1 s.k.u. 2 Direct Materials Cost s.k.u. 1 s.k.u. 2 Total Direct Materials Returns (0% of product revenue) Total COGS GROSS MARGIN Gross Margin % of Sales Month 1 Apr-97 Month 2 May-97 Month 3 Jun-97 Month 4 Jul-97 Month 5 Aug-97 Month 6 Sep-97 Month 7 Oct-97 Month 8 Nov-97 Month 9 Dec-97 Month 10 Jan-98 Month 11 Feb-98 Month 12 Mar-98 Total FY 1997 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% Page 39 SALES PROJECTIONS & MARGIN ANALYSIS License Fees 12-Aug-08 7:26 PM Units s.k.u. 1 s.k.u. 2 Total Units Price s.k.u. 1 s.k.u. 2 Revenue s.k.u. 1 s.k.u. 2 Total Revenue Proportion of Total Revenues COGS Unit Cost s.k.u. 1 s.k.u. 2 Direct Materials Cost s.k.u. 1 s.k.u. 2 Total Direct Materials Returns (0% of product revenue) Total COGS GROSS MARGIN Gross Margin % of Sales Month 13 Apr-98 Month 14 May-98 Month 15 Jun-98 Month 16 Jul-98 Month 17 Aug-98 Month 18 Sep-98 Month 19 Oct-98 Month 20 Nov-98 Month 21 Dec-98 Month 22 Jan-99 Month 23 Feb-99 Month 24 Mar-99 Total FY 1998 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% Page 40 SALES PROJECTIONS & MARGIN ANALYSIS License Fees 12-Aug-08 7:26 PM Units s.k.u. 1 s.k.u. 2 Total Units Price s.k.u. 1 s.k.u. 2 Revenue s.k.u. 1 s.k.u. 2 Total Revenue Proportion of Total Revenues COGS Unit Cost s.k.u. 1 s.k.u. 2 Direct Materials Cost s.k.u. 1 s.k.u. 2 Total Direct Materials Returns (0% of product revenue) Total COGS GROSS MARGIN Gross Margin % of Sales Total FY 1999 Total FY 2000 Total FY 2001 0 0 0 0 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0.00 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0.00 0.00 0.00 0.00 0.00 0.00 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% Page 41 Page 42 Page 43 Page 44 SALES PROJECTIONS & MARGIN ANALYSIS Consulting Services 12-Aug-08 7:26 PM Units s.k.u. 1 s.k.u. 2 Total Units Price s.k.u. 1 s.k.u. 2 Revenue s.k.u. 1 s.k.u. 2 Total Revenue Proportion of Total Revenues COGS Unit Cost s.k.u. 1 s.k.u. 2 Direct Materials Cost s.k.u. 1 s.k.u. 2 Total Direct Materials Returns (0% of product revenue) Total COGS GROSS MARGIN Gross Margin % of Sales Month 1 Apr-97 Month 2 May-97 Month 3 Jun-97 Month 4 Jul-97 Month 5 Aug-97 Month 6 Sep-97 Month 7 Oct-97 Month 8 Nov-97 Month 9 Dec-97 Month 10 Jan-98 Month 11 Feb-98 Month 12 Mar-98 Total FY 1997 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% Page 45 SALES PROJECTIONS & MARGIN ANALYSIS Consulting Services 12-Aug-08 7:26 PM Units s.k.u. 1 s.k.u. 2 Total Units Price s.k.u. 1 s.k.u. 2 Revenue s.k.u. 1 s.k.u. 2 Total Revenue Proportion of Total Revenues COGS Unit Cost s.k.u. 1 s.k.u. 2 Direct Materials Cost s.k.u. 1 s.k.u. 2 Total Direct Materials Returns (0% of product revenue) Total COGS GROSS MARGIN Gross Margin % of Sales Month 13 Apr-98 Month 14 May-98 Month 15 Jun-98 Month 16 Jul-98 Month 17 Aug-98 Month 18 Sep-98 Month 19 Oct-98 Month 20 Nov-98 Month 21 Dec-98 Month 22 Jan-99 Month 23 Feb-99 Month 24 Mar-99 Total FY 1998 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% Page 46 SALES PROJECTIONS & MARGIN ANALYSIS Consulting Services 12-Aug-08 7:26 PM Units s.k.u. 1 s.k.u. 2 Total Units Price s.k.u. 1 s.k.u. 2 Revenue s.k.u. 1 s.k.u. 2 Total Revenue Proportion of Total Revenues COGS Unit Cost s.k.u. 1 s.k.u. 2 Direct Materials Cost s.k.u. 1 s.k.u. 2 Total Direct Materials Returns (0% of product revenue) Total COGS GROSS MARGIN Gross Margin % of Sales Total FY 1999 Total FY 2000 Total FY 2001 0 0 0 0 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0.00 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0.00 0.00 0.00 0.00 0.00 0.00 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0.0% Page 47 SALES PROJECTIONS & MARGIN ANALYSIS Maintenance Contracts 12-Aug-08 7:26 PM Units s.k.u. 1 s.k.u. 2 Total Units Price s.k.u. 1 s.k.u. 2 Revenue s.k.u. 1 s.k.u. 2 Total Revenue Proportion of Total Revenues COGS Month 1 Apr-97 Month 2 May-97 Month 3 Jun-97 Month 4 Jul-97 Month 5 Aug-97 Month 6 Sep-97 Month 7 Oct-97 Month 8 Nov-97 Month 9 Dec-97 Month 10 Jan-98 Month 11 Feb-98 Month 12 Mar-98 Total FY 1997 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% Page 48 SALES PROJECTIONS & MARGIN ANALYSIS Maintenance Contracts 12-Aug-08 7:26 PM Units s.k.u. 1 s.k.u. 2 Total Units Price s.k.u. 1 s.k.u. 2 Revenue s.k.u. 1 s.k.u. 2 Total Revenue Proportion of Total Revenues COGS Month 13 Apr-98 Month 14 May-98 Month 15 Jun-98 Month 16 Jul-98 Month 17 Aug-98 Month 18 Sep-98 Month 19 Oct-98 Month 20 Nov-98 Month 21 Dec-98 Month 22 Jan-99 Month 23 Feb-99 Month 24 Mar-99 Total FY 1998 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% Page 49 SALES PROJECTIONS & MARGIN ANALYSIS Maintenance Contracts 12-Aug-08 7:26 PM Units s.k.u. 1 s.k.u. 2 Total Units Price s.k.u. 1 s.k.u. 2 Revenue s.k.u. 1 s.k.u. 2 Total Revenue Proportion of Total Revenues COGS Total FY 1999 Total FY 2000 Total FY 2001 0 0 0 0 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0.00 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0% Page 50 Unit Cost s.k.u. 1 s.k.u. 2 Direct Materials Cost s.k.u. 1 s.k.u. 2 Total Direct Materials Labor Other Direct Costs Returns (0% of product revenue) Total COGS GROSS MARGIN Gross Margin % of Sales 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0 0 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0 0 0.0% Page 51 Unit Cost s.k.u. 1 s.k.u. 2 Direct Materials Cost s.k.u. 1 s.k.u. 2 Total Direct Materials Labor Other Direct Costs Returns (0% of product revenue) Total COGS GROSS MARGIN Gross Margin % of Sales 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0 0 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0 0 0.0% Page 52 Unit Cost s.k.u. 1 s.k.u. 2 Direct Materials Cost s.k.u. 1 s.k.u. 2 Total Direct Materials Labor Other Direct Costs Returns (0% of product revenue) Total COGS GROSS MARGIN Gross Margin % of Sales 0.00 0.00 0.00 0.00 0.00 0.00 0 0 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0 0 0.0% 0 0 0 0 0 0 0 0 0.0% Page 53 STAFFING PLAN New Software, Inc. 12-Aug-08 7:26 PM Technical Support Head of Consulting Services Manager, Consulting Services Consulting Associate Manager, Customer Support Customer Support Representative Total Staff Research & Development Head of Research & Development Manager, Product Development Senior Engineer Engineer Total Staff Sales & Marketing Head of Sales & Marketing Sales Manager Sales Representative Telesales Manager Telesales Representative Total Staff General & Adminstrative Chief Executive Officer Chief Financial Officer Head of Human Resources Network Administrator Total Staff TOTAL EMPLOYEES revenue per employee Month 1 Apr-97 Month 2 May-97 Month 3 Jun-97 Month 4 Jul-97 Month 5 Aug-97 Month 6 Sep-97 Month 7 Oct-97 Month 8 Nov-97 Month 9 Dec-97 Month 10 Jan-98 Month 11 Feb-98 Month 12 Mar-98 Total FY 1997 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Page 54 STAFFING PLAN New Software, Inc. 12-Aug-08 7:26 PM Technical Support Head of Consulting Services Manager, Consulting Services Consulting Associate Manager, Customer Support Customer Support Representative Total Staff Research & Development Head of Research & Development Manager, Product Development Senior Engineer Engineer Total Staff Sales & Marketing Head of Sales & Marketing Sales Manager Sales Representative Telesales Manager Telesales Representative Total Staff General & Adminstrative Chief Executive Officer Chief Financial Officer Head of Human Resources Network Administrator Total Staff TOTAL EMPLOYEES revenue per employee Month 13 Apr-98 Month 14 May-98 Month 15 Jun-98 Month 16 Jul-98 Month 17 Aug-98 Month 18 Sep-98 Month 19 Oct-98 Month 20 Nov-98 Month 21 Dec-98 Month 22 Jan-99 Month 23 Feb-99 Month 24 Mar-99 Total FY 1998 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Page 55 STAFFING PLAN New Software, Inc. 12-Aug-08 7:26 PM Technical Support Head of Consulting Services Manager, Consulting Services Consulting Associate Manager, Customer Support Customer Support Representative Total Staff Research & Development Head of Research & Development Manager, Product Development Senior Engineer Engineer Total Staff Sales & Marketing Head of Sales & Marketing Sales Manager Sales Representative Telesales Manager Telesales Representative Total Staff General & Adminstrative Chief Executive Officer Chief Financial Officer Head of Human Resources Network Administrator Total Staff TOTAL EMPLOYEES revenue per employee Total FY 1999 Total FY 2000 Total FY 2001 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Page 56 New Software, Inc. Income Statement ($) FY 1997 Revenue Product Sales License Fees Consulting Services Maintenance Contracts Total Revenue Cost of Goods Sold Gross Margin % of Revenue Operating Expenses Research & Development % of Revenue Sales & Marketing % of Revenue General & Adminstrative % of Revenue Total Operating Expenses % of Revenue Income Before Int & Taxes % of Revenue Interest Expense Interest Revenue Income Before Taxes Tax Exp Net Income % of Revenue FY 1998 FY 1999 FY 2000 FY 2001 $0 $0 $0 $0 $0 $0 $0 0% $0 $0 $0 $0 $0 $0 $0 0% $0 $0 $0 $0 $0 $0 $0 0% $0 $0 $0 $0 $0 $0 $0 0% $0 $0 $0 $0 $0 $0 $0 0% $0 0% $0 0% $0 0% $0 0% $0 0% $0 $0 $0 $0 $0 0% $0 0% $0 0% $0 0% $0 0% $0 0% $0 $0 $0 $0 $0 0% $0 0% $0 0% $0 0% $0 0% $0 0% $0 $0 $0 $0 $0 0% $0 0% $0 0% $0 0% $0 0% $0 0% $0 $0 $0 $0 $0 0% $0 0% $0 0% $0 0% $0 0% $0 0% $0 $0 $0 $0 $0 0% Page 4 New Software, Inc. Balance Sheet ($) FY 1997 ASSETS Current Assets Cash Net Accounts Rec Inventory (0 days) Total Current Assets Gross Fixed Assets Less Accum Depreciation Net Fixed Assets TOTAL ASSETS LIABILITIES Short Term Liabilities Accounts Payable (30 days) Salaries Payable (15 days) Taxes Payable (90 days) Line of Credit (0% of net A/R) Current Portion of Cap Equip Lease Current Portion of Long Term Debt Total Short Term Liabilities Long Term Liabilities Capital Equipment Lease (3 years) Long Term Debt (5 years) Total Long Term Liabilities TOTAL LIABILITIES Equity Preferred Stock Common Stock Retained Earnings Total Equity LIABILITIES & EQUITY FY 1998 FY 1999 FY 2000 FY 2001 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Page 5 New Software, Inc. Statement of Sources & Uses ($) FY 1997 BEGINNING CASH Sources of Cash Net Income Add Depr/Amort Issuance of Preferred Stock Issuance of Common Stock Plus Changes In: Accounts Payable (30 days) Salaries Payable (15 days) Taxes Payable (90 days) Additions to Line of Credit Additions to Cap Equip Lease Additions to Long Term Debt Total Sources of Cash Uses of Cash Less Changes In: Net Accounts Rec Inventory (0 days) Gross Fixed Assets Reductions Line of Credit Reductions To Cap Equip Lease Reductions To Long Term Debt Total Uses CHANGES IN CASH ENDING CASH $0 FY 1998 $0 FY 1999 $0 FY 2000 $0 FY 2001 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Page 6 Forecasted Revenue, Gross Margin, & Income $MM FY 1997 FY 1998 Revenue FY 1999 Gross Margin Net Income FY 2000 FY 2001 Page 7 Cash Flow Breakeven 100 $ (000s) Apr-97 Jul-97 Oct-97 Jan-98 Receipts Apr-98 Jul-98 Oct-98 Jan-99 Disbursements Page 8 5ed3e82d-4ccd-4bb9-b975-1a601418d25c.xls Revenue Growth FY 1997 Y 1998 Y 1999 Y 2000 Y 2001 F F F F Revenue Gross Margin Net Income Cash Flow Breakeven ##### ##### ##### Jul-97 ##### ##### ##### ##### ##### ##### ##### ##### Receipts Disbursements Page 9 5ed3e82d-4ccd-4bb9-b975-1a601418d25c.xls ##### ##### ##### Jul-98 ##### ##### ##### ##### ##### ##### ##### ##### Page 10

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