EIB Test April 2008 | Page 156

951 231 8081 www.shotel.com 1359 Parkview Ave Manhattan Beach, CA 90266 USA Financial Plan Financial Description S hotel’s property is constituted from personal assets, bank loans and a small amount of other venture investment company. Hotel owners’ investment is 55%. S hotel should reach the break even in this year 2011. Both the perfect service and hotel running condition help S hotel has many valued guests, this helps S hotel has a keeping increase sales volume in the later years. And S hotel will clear all the debt in two years. Start up Expenses Sources of Capital Owners' Investment Gazi (55%) Jay (15%) Jaeahee (12%) Stella (10%) Lin (8%) $ $ $ $ $ Total Investment $ 171,488,775 Bank Loans Chase Bank of America $ 76,665,570 $ 51,110,389 Total Bank Loans $ 127,775,950 Other Loans Woody's venture investment Henry investment company $ 14,795,110 $ 22,192,665 Total other Loans $ 36,987,775 94,318,827 25,723,316 20,578,653 17.148.877 13,719,102 24