Investment Projects, Business Armenia Play Center with Roller Skating in Vanadzor | Page 14

Profit and Loss Statement
Year 1 Year 2 Year 3 Year 4 Year 5
Entertainment Center 600,000 630,000 661,500 694,575 729,304
Restaurant / Cafe 219,000 240,900 264,990 291,489 320,638
Total Revenues 819,000 870,900 926,490 986,064 1,049,942
65,700 72,270 79,497 87,447 96,191
160,160 168,387 176,391 184,819 193,695
 Marketing & Promotion 12,500 13,125 13,125 13,125 13,125
 Wages 107,280 112,644 118,276 124,190 130,400
• Administrative Staff 30,240 31,752 33,340 35,007 36,757
• Entertainment Center Staff 45,000 47,250 49,613 52,093 54,698
• Restaurant and Kitchen Staff 32,040 33,642 35,324 37,090 38,945
 Utility Services 18,000 18,900 19,845 20,837 21,879
 Repairs & Maintenance 16,380 17,418 18,530 19,721 20,999
 Other Expenses 6,000 6,300 6,615 6,946 7,293
Total Expenses 225,860 240,657 255,888 272,266 289,887
EBITDA 593,140 630,243 670,602 713,798 760,055
Depreciation 197,008 197,008 197,008 97,008 97,008
• Reconstruction 75,000 75,000 75,000 75,000 75,000
• Furnishing 100,000 100,000 100,000 - -
• Equipment 22,008 22,008 22,008 22,008 22,008
EBIT 396,132 433,235 473,594 616,790 663,047
Taxes (20%) 163,800 174,180 185,298 197,213 209,988
Net Profit 232,332 259,055 288,296 419,578 453,059
28% 30% 31% 43% 43%
Revenues:
Expenses:
 Raw Materials
Total Operating Expenses
Net Profit Margin
13