2
Preface
This Project is a part of 1203302 Project Feasibility Study and Evaluation Course in the second semester of 2012. In this project is studying the feasibility of Theme park business in Chiang Mai, which is include generally of Theme park business, management in Theme park business, competition analysis and marketing feasibility, the technical process in Theme park business, the financial feasibility of Theme park business, and risk of Theme park business. This project makes everyone who interested to get knowledge and information about Theme park business before make decision to investment, including pre-operational process and operation process of Theme park business, for the benefit to investment and profit of doing this Theme park business. We expect that our project will provide benefit and interested person, moreover, if they are any error in this project or whatever, our ground made an apology at this opportunity.
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Executive Summary
The Fame Theme Park is the first theme park in Chiang Mai, it locates in Maerim, Chiang Mai. The Fame Theme Park none competitor of business in theme park business and it doesn’t appear before in Northern, so the proportion of our company in the Chiang Mai market shares nearly to be 100%. This Theme park emphasis thrilling that never appears in Thailand and can be a happy place for tourist and family and can be fun center of tourists in holiday. The theme park offer many playthings and entertainment in theme park which divided in three main parts. The first past is adventure playing for those who like excitement, the second part is cinema and the third part is shopping. Market segmentation of Fame Theme Park will focus on tourist the ages between of 25 and 34. We choose tourist the ages between of 25 and 34 that visit in Chiang Mai because it is the largest group of tourist in Chiang Mai. The Fame Theme Park offer new experience to customer in exciting plaything, extremely for they to shows bravery and get fun and happy time with The Fame Theme Park.
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Content Preface
2
Executive summary
3
Chapter 1: Introduction
6
Background and Significance of the Project Project Objectives Benefits of Project Activities/Time Frame
Chapter 2: Industry profile Chapter 3: Marketing Analysis
General Environment Analysis Political, Economy Social and Environment Technology Competition Analysis (3C Analysis) Competitor Analysis Customer Analysis
7-8 8 8 9 - 10 11- 23 24
25 25 26 26 -30 30 30 30 -38
Competitive Analysis STP Analysis Marketing Mix Strategy
38 - 39 39 39 -40
Sales Forecast/Profit Estimation Marketing Expenses (Sales Incentive)
41 -43 44 - 45
Conclusion
45
Chapter 4: Investment Cost 46
Cost of Investment Pre-Operating Cost
47 - 48 48
Investment Cost Facility Layout
49 -51 52
Depreciation Conclusion
53 - 56 56
Chapter 5: Production and Operations Analysis
Product Characteristics (in Detail), Specification, Services Process Operating Cost Raw material Cost
57
58 - 66 67 67
5
Direct Labor Cost Overhead Logistics Management Facility Management
67 68 - 76 77 - 81 81
Chapter 6: Administration analysis 82
Management Analysis
Salary Facility Cost
Chapter 7: Financial Analysis
Financial Assumption for Business Income statement Cash Flow Balance Sheet
83 83 84 85
86 86 87 88 - 92
Chapter 8: Risk management 93
Identifying a list of potential risks 94 - 100 A risk management plan included statement of how you plan to reduce risk. 100 -104 The steps that you will take to mitigate the risks
105 - 108
Summary
109
Appendix
110
Historical Risk Management
References Member group
110 – 114 115 - 204 205 - 208 209
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Chapter 1 Introduction
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Introduction Background and Significance of the Project
This project is theme park business that chooses Chiang Mai to build it. Chiang Mai is a main northern area that is center of commerce, industry, transport and tourism. There is the convenient way by using car, train, and airplane and that can link travel to nearby provinces such as Lamphune, Lamphang, and Chaing Rai that can use the car to transport and long distance such as Bangkok and international country that can use the airplane to transport. Why we choose Chiang Mai to invest theme park? Chiang Mai is popular tourist attraction Because Chiang Mai is the largest and most culturally significant city in northern Thailand. It is the capital of Chiang Mai Province, a former capital of the Kingdom of Lanna (1296–1768) (wiki, 2013) and it is uniquely and cultural their own country. Chiang Mai is the place to invest the business owing to despite the considerable difference in size and population between Bangkok and Chiang Mai, tourism continues to be a thriving industry in Thailand's second largest city. The Tourism Authority of Thailand's website promotes the city as "a place where both backpackers and luxury tourists can enjoy the ultimate Thailand holiday", as the city is "one of the few places in Thailand where it is possible to experience both historical and modern Thai culture coexisting side by side: the city features centuries-old chedis and temples next to modern convenience stores and boutique hotels."The Tourism Authority of Thailand's Chiang Mai office expects the number of tourists from China to increase by at least 20 per cent this year from 2012, driven by the success of the Chinese film "Lost in Thailand". More than 80 per cent of the film was shot in the Northern Province (Wiki, 2013). Chiang Mai province has 20,107.057 square kilometers or about 12,556,911 acres. There is the big area number 1 in northern area and that is second area of Thailand. And Chaing Mai is best climate. The cool weather all year round with temperatures ranging between 12.5 to 38.0 degrees Celsius, perfect for travel and leisure during November – February. It is the time of perfect come to travel at Chiang Mai. The new theme park cans attraction to Thai tourism and foreigner to visit Chiang Mai. Theme park is an important selling point in Chiang Mai and Thailand. There for Chiang Mai has not built theme park business before and that recognize to build theme park business in Chiang Mai because that has great impact on the economy and investment also the location is suitable to build it. To be open the opportunity to people in this area and other people in nearby places that has recreation area to relax in the
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new theme park style. Another factor, Chiang Mai is the most popular provinces that the tourist selects and that the way chooses to relax.
Project Objectives 1. To study the situation of theme park business. 2. To set up the planning of the business and to do the business successful. 3. To analyze market in the business, the feasibility of financial about risk investment, and return on investment 4. To learn the technical and management process in theme park business. 5. To apply this knowledge with the business in the future. 6. To understand the customer what they want and need how to do the customer satisfy in our business. 7. To Summary of the feasibility of Theme park business.
Benefit of Theme park project 1. Relax from studying and working 2. Enjoy with friends 3. Romantic for sweetheart 4. Source good leaning 5. Amusing 6. The best meeting point 7. This place make to happy 8. Good relation in family 9. Broaden one’s view
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Activities for a project 1.
Study the generally of the theme park
2.
Study management in theme park as follows:
3.
-
Background of theme park
-
Product and service in theme park
-
Vision and mission statement of theme park
-
Strategy of the company
Study competition analysis and marketing feasibility as follows: - General internal and external environment Marketing mix strategy of theme park - Demand of consumer in theme park - Sale forecast and profit estimation of theme park
4.
Study the technical process in theme park business as follows: - Location - Operations and management analysis - Investment and Operation cost of theme park
5.
Study the financial feasibility of theme park business as follows: -Company’s investment cost, operation expense, and other expenses -Profit and loss statement, cash flow, and balance sheet in 5 years of theme park
6.
Study and analysis risk of theme park
7.
Summary the feasibility of theme park
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Time frame of study December Activities
1. Study the generally of the theme park 2. Study management in theme park 3 Study competition analysis and marketing feasibility 4 Study the technical process in theme park business 5 Study the financial feasibility of theme park business 6. Study and analysis risk of theme park 7. Summary the feasibility of theme park
January
February
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Chapter 2 Industry Profile
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2.1 Nature of Industry According
to
Adam
and
Judith
(1991),
amusement
parks
evolved
from
European fairs and pleasure gardens, which were created for people's recreation. The oldest amusement park in the world is Bakken, north of Copenhagen, Denmark, which opened in 1583. In the United States, world's fairs and expositions were another influence on development of the amusement
park
industry.
Amusement
parks
have
a
fixed
location,
as
opposed
to
traveling funfairs and carnivals. A definition of theme park (2010) described that the terms "theme park" and "amusement park" are often synonymous. However, a "theme park" can be regarded as a distinct style of amusement park. A theme park has landscaping, buildings, and attractions that are based on one or more specific themes or stories. Despite many older parks adding themed rides and areas, qualifying the park as a theme park, the first park built with the srcinal intension of promoting a specific theme, Santa Claus Land located in Santa Claus, Indiana, did not open until 1946 (History of the town of Santa Claus,2010). Disneyland, located in Anaheim, California, built around the concept of encapsulating multiple theme parks into a single amusement park is often mistakenly cited as the first themed amusement park, but is instead the park that made the idea popular.
Historical Background in Worldwide
1. Fairs and pleasure gardens Adam and Judith (1991) presented that periodic fairs, such as the Bartholomew Fair which began in England in 1133, are a parent for the modern amusement park. Beginning in the Elizabethan period the fair had evolved into a center of amusement with entertainment, food, games, and carnivallike freak-show attractions. According to Alter and Judy (1997), the seasonal celebration was a natural place for development of amusement attractions. Oktoberfest is not only a beer festival but also provided amusement park features beginning in 1810, when the first event was held in Munich, Germany. In the United States, the county and state fairs also played a part in the history of amusement parks. These were annual events that were usually held for a short time, a week or two, to celebrate a good harvest. These fairs featured livestock exhibits, baking and cooking competitions. According to Adams and Judith (1991), amusement parks also grew out of the pleasure gardens that became especially popular at the beginning of the Industrial revolution as an area where one could escape from the grim urban environment. The oldest intact still-surviving amusement park in the world (opened 1583) is Bakken ("The Hill") at Klampenborg, north of Copenhagen, Denmark. The best known of the parks in London, was Vauxhall Gardens founded in 1661 and closed in
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1859. Another long-standing park is Prater in Vienna, Austria, which opened in 1766. This park was conceived as a place where the common person could enjoy a respite in a pastoral setting and participate in the musical culture of the city. Tivoli Gardens, Copenhagen is another example of a European park, dating from 1843, which still exists. These parks consisted of booths, entertainment, fireworks displays and some “rides” such as introduction to the modern railroad. The parks grew to accommodate the expectations of their customers—who were increasingly familiar with the mechanical wonders of industrialization. Rides became a required part of the pleasure garden and by 1896 there were 65 such pleasure parks in London. Another type of fair is the exposition or world’s fair. World's fairs began in 1851 with the construction of the landmark Crystal Palace in London, England. The purpose of the exposition was to celebrate the industrial achievement of the nations of the world (of which Britain just so happened to be the leader). America cities and business saw the world’s fair as a way of demonstrating economic and industrial success (World’s Fairs, 1853-18997). People particularly point to the World's Columbian Exposition of 1893 in Chicago, Illinois as an early precursor to the modern amusement park. This fair was an enclosed site that merged entertainment, engineering and education to entertain the masses. It set out to bedazzle the visitors, and successfully did so with a blaze of lights from the “White City.” To make sure that the fair was a financial success, the planners included a dedicated amusement concessions area called the Midway Plaisance. Rides from this fair captured imagination of the visitors and of amusement parks around the world, such as the first steel Ferris wheel, which was found in many other amusement areas, such as the Prater by 1896. Also, the experience of the enclosed ideal city with wonder, rides, culture and progress (electricity), was based on the creation of an illusory place, certainly the precursor of the amusement park experience to come. Alter and Judy (1997) indicated that the “midway” introduced at the Columbian Exposition would become a standard part of most amusement parks, fairs, carnivals and circuses. The midway contained not only the rides, but other concessions and entertainments such as shooting galleries, penny arcades, games of chance and shows. 2. Trolley parks, Atlantic City, and Coney Island
According to Adams and Judith (1991), the electric trolley lines were developed in most of the larger American cities. Companies that established the trolley lines were directly responsible for establishing a musement parks - trolley parks - as destinations of these lines. Trolley parks like Atlanta's Ponce de Leon Park, or Reading's Carsonia Park were initially popular natural leisure spots before local streetcar companies purchased the sites, expanding them from picnic groves to include regular entertainments, mechanical amusements, dance halls, sports fields, boat rides, restaurants and other resort facilities. Various sources report the existence of between 1500 and 2000 amusement parks in the United States by 1919. According to Benjamin and Steinhauser (2011), some
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of these parks were developed in resort locations, such as bathing resorts at the seaside in New Jersey and New York. A premiere example in New Jersey was Atlantic City, a famous vacation resort. Enterprisers erected amusement parks on piers that extended from the boardwalk out over the ocean. The first of several was Ocean Pier in 1891, followed later by Steel Pier in 1898, both of which boasted rides and attractions typical of that time, such as Midway-style games and electric trolley rides. The boardwalk also had the first Roundabout installed in 1892 by William Somers, a wooden predecessor to the Ferris wheel. Somers installed two others in Asbury Park and Coney Island. Samuelson, Dale, and Yegoiants (2001) found that other such parks were found along rivers and lakes that provided bathing and water sports such as Riverside Park in Massachusetts, which was founded along the Connecticut River in the 1840s, and Lake Compounce in Connecticut, first established as a public beach in 1846. According to Adams and Judith (1991), another similar location was Coney Island in Brooklyn, New York, where a horse-drawn streetcar line brought pleasure seekers to the beach beginning in 1829. In 1875, a million passengers rode the Coney Island Railroad, and in 1876 two million visited Coney Island. Hotels and amusements were built to accommodate both the upperclasses and the working-class. The first carousel was installed in the 1870s, the first roller coaster, the "Switchback Railway", in 1884. It was not until 1895 that the first permanent amusement park in North America opened: Sea Lion Park at Coney Island in Brooklyn. This park was one of the first to charge admission to get into the park in addition to sell tickets for rides within the park. According to Adams and Judith (1991), in 1897, Sea Lion Park was joined by Steeplechase Park, the first of three major amusement parks that would open in the Coney Island area. George Tilyou designed the park to provide thrills and entertainment. The combination of the nearby population center of New York City and the ease of access to the area made Coney Island the embodiment of the American amusement park. Coney Island also featured Luna Park and Dreamland. Coney Island was a huge success and by year 1910 attendance on days could reach a million people. Fueled by the efforts of Frederick Ingersoll, other "Luna Parks" were quickly erected worldwide and opened to rave reviews. Fire was a constant threat in those days, as much of the construction within the amusement parks of the era was wooden. In 1911, Dreamland was the first Coney Island amusement park to completely burn down; in 1944, Luna Park also burned to the ground. Most of Ingersoll's Luna Parks were similarly destroyed, usually by arson, before his death in 1927. 3. The Golden Age
During the Gilded Age, many Americans began working fewer hours and had more disposable income (Eight hours for what we will, n.d.,). According to Adams and Judith (1991), with new-found money and time to spend on leisure activities, Americans sought new venues for entertainment. Amusement parks, set up outside major cities and in rural areas, emerged to meet this new economic opportunity. These parks served as source of fantasy and escape from real life. By the early 1900s, hundreds of amusement parks were operating in the United States and Canada. Trolley
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parks stood outside many cities. Parks like Atlanta's Ponce de Leon Modernity Technology, and Atlanta’s Ponce de Leon Park, 2011) and Idora Park (Idora Park, 2011) , (near Youngstown, OH, took passengers to traditionally popular picnic grounds, which by the late 1890s also often included rides like the Giant Swing, Carousel, and Shoot-the-Chutes. These amusement parks were often based on nationally-known parks or world's fairs: they had names like Coney Island, White City, Luna Park, or Dreamland. The American Gilded Age was, in fact, amusement parks' Golden Age that reigned until the late 1920s. The Golden Age of amusement parks also included the advent of the Kiddle Park. Founded in 1925, the srcinal Kiddie Park is located in San Antonio, Texas and is still in operation today. The Kiddie parks became popular all over America after World War II (Amusement Park, n.d.,). According to Rutherford (2000), this era saw the development of the new innovations in roller coasters that included extreme drops and speeds to thrill the riders. By the end of the First World War, people seemed to want an even more exciting entertainment, a need met by roller coasters. Although the development of the automobile provided people with more options for satisfying their entertainment needs, the amusement parks after the war continued to be successful, while urban amusement parks saw declining attendance. According to Adams and Judith (1991), the 1920s is more properly known as the Golden Age of roller coasters, being the decade of frenetic building for these rides. 4. Depression and post-World War II decline
According to Adams and Judith (1991), the Great Depression of the 1930s and World War II during the 1940s saw the decline of the amusement park industry. War caused the affluent urban population to move to the suburbs, television became a source of entertainment, and families went to amusement parks
less
often.
By
the
1950s,
factors
such
as urban
decay, crime,
and
even desegregation in the ghettos led to changing patterns in how people chose to spend their free time. Many of the older, traditional amusement parks closed or burned to the ground. Many would be taken out by the wrecking ball to make way for suburban housing and development. In 1964, Steeplechase Park, once the king of all amusement parks, closed down for good. The traditional amusement parks which survived, for example, Kennywood, in West Mifflin, Pennsylvania, and Cedar Point, in Sandusky, Ohio, did so in spite of the odds. 5. The rise of theme parks
In 1955, Disneyland opened to rave reviews, and completely changed the landscape of the amusement park industry. No longer did guests want a group of rides in a field by a lake, they wanted an entire perfect world to take them out of the real world for a day. The thrills of theme parks are often obscured from the outside by landscaping, re-enforcing the feeling of escape. They are kept clean and new rides are frequently added to keep people coming back. In addition to this experience, the theme park is either based on a central theme or divided into several distinctly themed areas, or
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"lands". Following Disneyland, many other parks trying to copy its ideas, such as the hub-andspoke layout and themed "lands", popped up across the country. Examples include Great Adventure in New Jersey and Universal Studios Hollywood in Los Angeles, California. None could match the success of Disneyland, though. 15 years after Disneyland, The Walt Disney Company opened its second theme park, Magic Kingdom near Orlando, Florida. This park pushed the definition of theme park even further, as it was surrounded by over 47 square miles of pristine, undeveloped land, creating a massive natural barrier between the real world and the park. Today, it is now the Walt Disney World Resort, consisting of four theme parks in the most visited vacation resort in the world. (Wikipedia, 2012) Historical Background of T hailand
The oldest amusement park in Thailand was Happy Land, Bangkapi, Bangkok, which closed in September 1979. Nowadays, Thailand has a few theme parks that offering the amazing experience to people. Dreamworld was operated in the central of Thailand. It was opened for the first time on February 5th, 1994. Santoroni Park was situated at Cha-Am, Phetchaburi that was theme park in Mediterranean style. According to Thailand.com (2012), fortunately, Bangkok has plenty of amusement parks for the kids are getting restless. At one time, all the city’s amusement parks were outdoor, but with the boom in the retailing industry many more are now built indoors, as an adjunct to department stores and shopping centers. Anyone who prefers their fun in the outdoors should make for either Siam Park in Minburi or Dream World, located off the Rangsit-Onkarak highway in Pathum Thani province. Apart from being the largest open zoo in Thailand, Safari World on Ram Indra Road, also provides numerous amusement activities and special shows for family vacationers. But if you don’t want to suffer the heat of the day, try one of the many amusement parks located in department stores. Central Bangna’s Leo Land, Seacon Square’s Yoyo Land several branches of The Mall Department Store are good choices. Modst have indoor swimming pools with slides, kids’ games and other entertainments. Outside of Bangkok, the places are few and far between. In Pattaya, Ripley’s World of Entertainment located on the third floor of the Royal Garden Plaza has a number of educational and entertainment activities for the family. Pattaya Park is another place where packages are on offer, an overnight stay in the hotel included.
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2.2 Situation of Industry In worldwide,
The amusement park industry's offerings range from large, worldwide type theme parks such as Disneyworld and Universal Studios Hollywood to smaller and medium-sized theme parks such as the Six Flags parks and Cedar Fair parks and countless smaller ventures in many of the states of the U.S. and in countries around the world. Even simpler theme parks directly aimed at smaller children have emerged, including Legoland opened in 1999 in Carlsbad, California (the first Legoland opened in 1968 in Billund, Denmark) (Wikipedia, 2012). Examples of amusement parks in shopping malls exist in West Edmonton Mall, Alberta, Canada; Pier 39, San Francisco; Mall of America, Bloomington, Minnesota. Family fun parks starting as miniature golf courses have begun to grow to include batting cages, go-karts, bumper cars, bumper boats and water slides. Some of these parks have grown to include even roller coasters, and traditional amusement parks now also have these competition areas in addition to their thrill rides. As of 2008, the Walt Disney Company accounted for around half of the total industry's revenue in the US as a result of more than 50 million visitors of its U.S.-based attractions each year (IBIS World, 2012). In Thailand Bangkok Theme Park, Amusement Park, and Park in Bangkok
The theme park industry's offerings range from large such as Dreamworld, to smaller and medium-sized theme parks such as Santorini Park, Phetchaburi and Wonderland, Bangkok and smaller ventures such as Yoyoland, Bangkok . Worldwide type theme parks such as Disneyworld and Universal Studios have not appeared in Thailand. Even simpler theme parks directly aimed at smaller children have appeared, including Wonderland opened in
2006
in Bangkok .
Examples
in Seaconsqure, Bangkok; Yoyoland .
of
amusement
parks
in
shopping
malls
exist
Theme park business was interested to run in
Thailand because it has a few theme park in Thailand that operate with large scale of its. A report by Bangkok.com (2012), if you and your children are looking for some action, head for one of Bangkok’s fun park! Whether the kids like wild roller coasters, drenching water rides, climbing on playgrounds or going on fairground rides, you can find all types of family entertainment and fun activities at Bangkok’s in- and outdoor amusement parks. Entire parks are dedicated to water fun, animals and indoor fun. Dream World in Bangkok (Bangkok’s Most Popular Theme Park)
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Bangkok.com (2012) presented that “the entrance to the park sets the scene for the fantastical experience to come: friendly, green aliens laughing beneath medical castle walls. It makes no sense but children love it”. Fantasia Lagoon (Bangkok Water Par ks)
Sitting on the rooftop of the Mall Department Store, Fantasia Lagoon’s always been a favorite destination for kids and families to have fun and frolic about. Huge water slides and whirlpools are some of the highlights to look out for. Also worth a visit is Fantasia Island, the adjoined theme park that offers endless hours of fun and a dose of adrenalin rush – all in an air-con comfort (“Bangkok Water Park”, n.d.,). Siam Park
Siam Park is a huge recreational park featuring various swimming pools, towering waterslides, whirlpools, fountain and a lake. The park is the 400-metre Super Spiral waterslide, while the giant man-made sea pool with artificial surf is just as spectacular (“Bangkok Water Park”, n.d.,)..
2.3 Product and Service The intention is to create a thrilling theme park that never appears in Thailand. The Fame will be a vibrant, exciting attraction that celebrate classic, seaside theme park rides, thrill rides, train rides, water rides, roller coaster and their heritage. It will be focus on preserving interpreting and enable people to ride classic theme park rides. It will be a high quality outdoor public space it will provide a family-friendly day out with a wide variety of entertainment for visitor of all ages. The Fame's uniqueness will be obtained by following a old culture of kingdom of Lanna theme. It will have a sense cultural of Lanna programmed, including a major Cold Festival and festival activity that focuses on Chiang-Mai culture. Educational "point of interest" placards will be placed throughout the park explaining the history of the people, place, and events of golden age of kingdom of Lanna. The section of cinema facing the mountain side will be a stunning gateway attraction to the park. It will be occupied by a selection of restaurants in Lanna style, of a quality not currently on offer. It will offer the extensive seating. The auditorium of the cinema will provide an extensive to the offer in the form of a film telling the story of kingdom of Lanna and exhibit. It will have a program of live show that are synergistic with the rest of the park
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offer, with a chic style Lanna culture. The cinema will be a fully flexible performance venue that will also be a major destination in its own right. The scheme has been developed to Cedar Fair, L.P. by Dick Kinzel. , working in partnership with world class theme park specialist. Their team has include quantity surveyor, structural engineering, electrical engineer and acoustician acoustic design. Access to the Fame will continue to be via traditional route by the road. The scenic railway will be the centre-piece of the park. It will be restored to full working condition and offer rides of approximately duration, except in very wet weather (the heavy rainy and safe reason, the railway is unable to operate). The scenic railway will have the most visual impact and, in the cold weather, the lighting of it will create a magical effect that will be centerpiece of the park' cold season.
The Fame Inspiration Masterplan 1
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The Fame Inspiration Masterplan 2
Example of Rides that will be at The Fame 1 : Rollor Coaster Retrieved from: www.wisegeek.org/what-is-a-roller-coaster.htm
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Example of Rides that will be at The Fame 2 : Ferris Wheel Retrieved from: tiffanyrachelle.wordpress.com/2011//02/
Example of Rides that will be at The Fame 3 : Galloper Retrieved from: hnlino.en.alibaba.com/product/508206675
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Example of Rides that will be at The Fame 4 : MaxAir Retrieved from: www.flickriver.com/photos/tags/cedarpoint/interesting/
Example of Rides that will be at The Fame 5 : Thrill Dragster
Retrieved from: www.themeparkcritic.com/1203/top-thrill--dragter.aspx
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Example of Rides that will be at The Fame 6 : Lanna Huanted House Retrieved from: matthew-atanasiu.blogspot.com/2012/10/the-haunted-house_20.html?m=1
The Fame Cinema Retrieved from: www.electriccinema.co.uk
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Chapter 3 Marketing Analysis
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3.1 General Environment Analysis Human have to live together in community that it has to set rule and regulation for run to business to be peace in term of sharing resources. So it is the activities of economic or identifies the way of life in daily. It is behavior of social or defines regulation for authority allocation in defines social roles and relationship between them that to the business of people in society has gone well under the rules. 3.1.1 Political factor
Nowadays, travel industry suffer the impact from political that it has conflict of social as yellow shirt, red shirt or airport closures and that revolution, government leaders to change frequently, so that it makes to
domestic tourist and international tourist lack of believe from violence image has
communicated to other media that it is the biggest impact of business. From the problem customer can avoid the political problem by we offer the new way to solve tension in the daily life that customer can come to visit “FAME PARK”. Although Thailand has a political problem, the business man still comes to invest business. But the political problem has less impact on the tourism industry. 3.1.2 Economy factor
Currently, Chiang Mai is the capital and growth of the second from Bangkok because Chiang Mai has a prosperous economy. There is an educational institution since kindergarten to university. The tourist industry makes the income to population of Chiang Mai. It is from Chiang Mai has been called. "Rose beauty of Thailand" out of Chiang Mai has the beauty of natural and climate, ancient antiquities, tradition, and ancient cultures. It is all attractions of tourists. From statistic in the year 2555(office of the national economic and social advisory council, 2013), in the forth one in the sector of tourist and services has been expanded from the previous. The international tourist arrivals to Thailand about 5.7 million (office of the national economic and social advisory council, 2013). It is increase from the same period last year 7.1 percents of tourist (office of the national economic and social advisory council, 2013). And tourist sector and service make income 258,102 by the tourist (office of the national economic and social advisory council, 2013). So investment in here is interesting to invest to make the profit and revenue to the business man.
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(Office of the national economic and social advisory council, 2013)
3.1.3 Social and Environment Environment and Resources:
From theme park business use more areas which must be used in the area of the forest and the trees are numerous. The forest will be decrease more than past. So the business will use worth recourses and reforestation in the part to build the theme park and that have an activities about preserve ecology and conservation of natural forests and abundant natural resources back to the srcinal as possible. Social: Specific is employee (Mid-South Community College, 2013)
Payment for time not worked
Paid vacations
Sick leave
Health care
Life Insurance
Retirement plans
Disability protection
Employee Stock Option Plans
Supplemental Unemployment Benefits
Employee services Premium pay
3.1.4 Technology factor
The term “Technology” is derived from the Greek word “Technologia” and “techne” means “craft” and “logia” means the “study of something”. Technology is a very broad concept and is used to refer to several braches of science and study. Some examples are information technology, medical
27
technology, biotechnology, etc. As the term technology branches into various fields of science and study, so do its benefits. Let us look at the benefits of technology in some major areas of day-to-day life (Benefit of, 2013): Benefits of Technology in B usiness:
The days when the Chief Information Officer (CIO) took implementation decisions and passed the responsibility down the line are passed. Today, the CIO is an individual who possesses business as well as technical skills, understands the new IT issues facing a business, and drives the IT changes from the top down. This is a clear indicator of the benefits businesses are enjoying through the implementation of technology. Today technology is an integral part of any business right from the purchase of computers and software to the implementation of network and security tools. This helps businesses to: (Benefit of, 2013)
Remain up-to-date
Drive business forward
Sustain and survive competition
In short, technology has become one of the significant factors that maximize an organization’s ROI. Benefits of Technology in Communication:
From hand-held computers to touch phones, technological advancements in the field of communication are endless. The means and the modes of communication are unlimited. Some of the benefits of technological advancements in the field of communication are (Benefit of, 2013):
Speed : time is no longer a constraint in communication
Clarity : With megapixel images and video, and high fidelity audio systems clarity in communication has become a never-before experience
Proximity : technological advancements have made the world a smaller place to live in
Dissemination : whether spreading information, broadcasting news, or sharing knowledge, technology has made it faster, easier, and smarter
Benefits of Technology in Education:
Technological advancements in the field of education are fast evolving. Today, e-learning is a familiar and popular term. Some of the benefits of technology in this field are (Benefit of, 2013):
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Personalized learning experience: Learners are able to take control and manage their own learning.
They set their own goals, manage the process and content of learning, and communicate with peers (Benefit of, 2013). Immediate response: Most e-learning programs provide immediate feedbacks on learner
assessments. Similarly there are features such as chat, discussion boards, e-libraries, etc that allow clarifications at a faster pace than in traditional classrooms (Benefit of, 2013).
Self-paced: Learners can chart courses at their own pace. This ensures higher levels of motivation
both in terms of completing the course as well as in performance (Benefit of, 2013). Greater access: Technological advancements have opened education to learners with learning
disabilities and in remote locations (Benefit of, 2013). External Environment: Business & Technology
Technological change refers to the changes in production techniques and production equipment. It could be a change in the machinery used to make a product or the computers to design a product. More recently it is the use of the computers and information technology (IT) to improve the efficiency and competitiveness of businesses that has led to technological change. Since technological is so rapid, there are important implications for businesses (Jim Riley , 2012). A business can be affected by the following technological change:
In production
In provision of services
In the office
Technological change in production
Technological change leads to improved production of goods and services due to (Jim Riley , 2012). Computer-aided manufacturing (CAM) this reduces labor costs, is more accurate and faster and
can work at any hour of the day. The computer controls the machinery (Jim Riley , 2012). Computer-aided design (CAD) Computers are used to help design products using computer
generated models and 3D drawings. Reduces the need to build physical models to test certain conditions, known as prototypes. This can be expensive to produce just for testing purposes (e.g. aircraft or new cars) (Jim Riley , 2012). Electronic point of sale (EPOS) and Electronic Funds Transfer at Point of Sale (EFTPOS) speed up
transactions in shops and give vital information for businesses so can sort out their stock levels.
29
EFTPOS means that shoppers can pay for goods and services using credit and debit cards. Technological change in the office helps speed up the movement of information and improves the analysis of information (Jim Riley , 2012):
Communication is improved through the use of the intranet and Internet. The intranet is an internal system of computer communication while the internet can be used to communicate with customers, suppliers amongst others in the outside world (through websites and email).
Workers can work away from the office using mobile technology such as phones, laptops and modems.
Computers can be used to process, analyze and store vast amounts of data to give the business more quality information.
E-commerce is the ability of businesses to trade with the world via websites. This means that there is
a larger market and the business is now open 24 hours a day. This has provided opportunities for businesses that could only trade locally to now expand the size of the market (e.g. Amazon as worldwide book and CD sellers). Customers can also shop around for the best deals for new products. The Internet can also be useful for recruitment purposes. Job vacancies can be advertised and targeted to the right audience, often costing less than print alternatives. E.g. e-teach sends free emails every week detailing teachers posts to subscribers (Jim Riley , 2012).
Technological change can be very expensive: technology involves the following additional costs
(Jim Riley , 2012):
Purchasing the equipment
Installation
Training staff
Maintenance
Replacement/upgrading
There is legislation associated with the use of technology – e.g. computer screens noise levels.In summary technological change can bring the following benefits to a business (Jim Riley , 2012):
Reduced running costs
Improved productivity
Improved competitiveness
Lower costs per unit of product
Improved quality of service (e.g. speed of service)
30
Reduced wastage
If the benefits of the above outweigh the costs, then a business should be investing in new technology. (Jim Riley , 2012)
3.2 Competition Analysis (3Cs Analysis) 3.2.1 Competitor Analysis
We have to know who our direct and indirect competitors are. Then do the Competitor’s Industry analysis or compare with our company’s competitive advantages. 3.2.1.1 Direct Competitor According to 1stopchiangmai.com (2012), our company is the first theme park in Chiang Mai, so it doesn’t appear before. 3.2.1.2 Indirect Competitor In Chiang Mai, The substitute product and service is about someplace that prov ide s fu n a nd ca n go for rel ax ed in the holiday. Central department store, playground at some park, and zoo are our indirect competitor.
3.2.2 Customer Analysis
Customer is
the person
who uses
our product and
service
and
goes further
than their expectation then they will pay money to us and can evaluate our performance. We need to know who is our customer and how many of them. Our customer is everyone who goes to use our product and service of company which offer many kinds of playthings. However, our segment is divided in two main group of customer.
31
Ministry of Tourism and Sports, Thailand International Tourist Arrivals to Thailand By Nationality January - December 2012 Nationality
2012 Number
East Asia
2011 %Share
Number
%∆ %Share
2012/2011
12,502,194
56.06
10,345,866
53.80
20.84
6,253,480
28.04
5,594,577
29.09
11.78
Brunei
10,240
0.05
7,471
0.04
37.06
Cambodia
424,766
1.90
265,903
1.38
59.74
Indonesia
448,748
2.01
370,795
1.93
21.02
Laos
951,090
4.26
891,950
4.64
6.63
Malaysia
2,560,963
11.48
2,500,280
13.00
2.43
Myanmar
129,924
0.58
110,671
0.58
17.40
Philippines
288,889
1.30
268,375
1.40
7.64
Singapore
821,056
3.68
682,364
3.55
20.33
Vietnam
617,804
2.77
496,768
2.58
24.36
2,789,345
12.51
1,721,247
8.95
62.05
472,699
2.12
411,834
2.14
14.78
Japan
1,371,253
6.15
1,127,893
5.87
21.58
Korea
1,169,131
5.24
1,006,283
5.23
16.18
394,475
1.77
447,610
2.33
-11.87
ASEAN
China Hong Kong
Taiwan
32
Others
51,811
0.23
36,422
0.19
42.25
Europe
5,617,817
25.19
5,101,406
26.53
10.12
Austria
94,197
0.42
89,242
0.46
5.55
Belgium
94,549
0.42
82,610
0.43
14.45
Denmark
167,118
0.75
164,096
0.85
1.84
Finland
148,649
0.67
157,046
0.82
-5.35
France
572,996
2.57
515,572
2.68
11.14
Germany
681,566
3.06
619,133
3.22
10.08
59,894
0.27
58,945
0.31
1.61
Italy
199,089
0.89
185,869
0.97
7.11
Netherlands
207,499
0.93
198,891
1.03
4.33
Norway
147,819
0.66
136,931
0.71
7.95
1,317,387
5.91
1,054,187
5.48
24.97
Spain
113,270
0.51
95,383
0.50
18.75
Sweden
350,565
1.57
373,856
1.94
-6.23
Switzerland
190,784
0.86
170,044
0.88
12.20
United Kingdom
870,164
3.90
844,972
4.39
2.98
East Europe
279,690
1.25
240,886
1.25
16.11
Others
122,581
0.55
113,743
0.59
7.77
1,080,148
4.84
952,519
4.95
13.40
Argentina
17,789
0.08
12,970
0.07
37.15
Brazil
30,008
0.13
24,560
0.13
22.18
Ireland
Russia
The Americas
33
Canada
218,019
0.98
194,356
1.01
12.18
USA
767,420
3.44
681,748
3.55
12.57
46,912
0.21
38,885
0.20
20.64
South Asia
1,289,641
5.78
1,158,092
6.02
11.36
Bangladesh
72,897
0.33
65,150
0.34
11.89
1,015,865
4.55
914,971
4.76
11.03
Nepal
26,258
0.12
25,382
0.13
3.45
Pakistan
71,997
0.32
73,727
0.38
-2.35
Sri Lanka
73,338
0.33
53,636
0.28
36.73
Others
29,286
0.13
25,226
0.13
16.09
Oceania
1,046,753
4.69
933,534
4.85
12.13
Australia
930,599
4.17
829,855
4.32
12.14
New Zealand
113,509
0.51
101,092
0.53
12.28
2,645
0.01
2,587
0.01
2.24
604,659
2.71
601,146
3.13
0.58
Egypt
19,911
0.09
16,703
0.09
19.21
Israel
129,184
0.58
125,093
0.65
3.27
Kuwait
64,536
0.29
55,788
0.29
15.68
Saudi Arabia
17,098
0.08
12,521
0.07
36.55
U.A.E.
113,174
0.51
108,608
0.56
4.20
Others
260,756
1.17
282,433
1.47
-7.68
Africa
161,853
0.73
137,907
0.72
17.36
Others
India
Others Middle East
34
S.Africa
75,496
0.34
68,496
0.36
10.22
Others
86,357
0.39
69,411
0.36
24.41
22,303,065
100.00
19,230,470
100.00
15.98
Grand Total
Source of Data: Immigration Bureau, Police Department. Tourist Arrivals excluded Overseas Thai
Retrieved from: http://61.19.236.137/tourism/th/home/tourism.php
Internal Tourism in Chiang Mai Tourism Authority of Thailand
Number 6,000,000 5,500,000
5,000,000
4,500,000
4,000,000 3,500,000
3,000,000 1 99 8
199 9
2 00 0
2 00 1
2 00 2
2 00 3
2 00 4
2 00 5
2 00 6
2 00 7
2006 %Δ
2007
Age
Under 25
1,514,451
753,574
+ 100.97
25 - 34
1,833,406
1,860,010
- 1.43
35 - 44
974,990
1,530,870
- 36.31
45 - 54
676,730
884,986
- 23.53
55 and over
357,290
560,886
- 36.30
35
Travel Arrangement
Group Tour
1,340,385
1,195,484
+ 12.12
Non Group Tour
4,016,482
4,394,842
- 8.61
Sex
Male
2,641,239
2,723,970
- 3.04
Female
2,715,628
2,866,356
- 5.26
Region of Residence 1. Thai
- Bangkok
835,704
716,825
+ 16.58
- Central Region
232,249
464,110
- 49.96
- Western Region
130,280
193,042
- 32.51
- Eastern Region
146,963
182,683
- 19.55
- Northern Region
1,948,754
1,406,703
+ 38.53
- Southern Region
107,683
362,233
- 70.27
- Northeastern Region
200,094
214,176
- 6.57
2. Foreigners
- The Americas
265,933
- Europe
647,858
336,877 826,361
- 21.06 - 21.60
36
- Oceania
97,987
102,915
- 4.79
569,520
702,138
- 18.89
- Middle East
79,050
75,321
+ 4.95
- Africa
94,792
6,942
+ 1265.49
- ASIA
Purpose of Visit
Holiday
3,536,803
4,754,126
- 25.61
Business
527,631
342,488
+ 54.06
Official Visit
154,757
101,929
+ 51.83
Convention
960,071
297,247
+ 222.99
Others
177,605
94,536
+ 87.87 Tourism Authority of Thailand
Retrieved from: http://www2.tat.or.th/stat/web/static_tst.php
According to Kerin and et al. (2009), “marketing doesn’t stop with the discovery of consumer needs. Because the organization obviously can’t satisfy all consumer needs, it must concentrate its efforts on certain needs of a specific group of potential consumers. This is target market – one or more specific group of potential consumers toward which an organization directs its marketing program” (p.12).
One of the many questions Thais may ask a foreigner visiting Thailand is ‘Have you been to Chiang Mai yet?’ underscoring the feeling that Chiang Mai is a keystone of any journey to Thailand. Located more than 700km northwest of Bangkok, Chiang Mai has in excess of 300 temples (121 within the Thêtsàbaan or municipal limits) – almost as many as are in Bangkok – a circumstance that makes the old city center visually striking. Thais idealism their beloved northern capital as a quaint, moated and walled city surrounded by mountains with legendary, mystical attributes. In reality, Chiang Mai is a dynamic and modern city, which has successfully managed to combine its rich history and traditions with its increasingly modern side. However, a result of this rapid development has been the rise in traffic and pollution. Environmentalists are also voicing concerns about development of the
37
verdant and auspicious Doi Suthep Mountain (1676m), located to the west of the city, and sometimes referred to as Chiang Mai’s lungs. Chiang Mai has always had many feathers to its bow with its cultural riches, relative peacefulness, fantastic handicraft shopping, delicious food and proximity to many natural treasures. Changes are afoot however, with the city becoming somewhere to watch in the style stakes. Chic, Thai-style boutique hotels are popping up everywhere, and one look at the trendsetters setting up shop (and bars and restaurants), particularly in the Thanon Nimmanhaemin area, shows that the city’s identity is changing. Yet, the northern capital still manages to retain the relaxed, temple-sprinkled, cultural capital atmosphere of yore, alongside these new hip happenings. With its many and varied attractions, the days of Chiang Mai just being a quick stop off point before heading to the hills are long gone. ("Introducing Chiang Mai," 2013)
Market Segmentation The Fame Market Segmentation by Demographic (Age)
13%
7%
28%
18% 34%
Under 25
25 - 3 4
35 - 4 4
45 - 5 4
55 and over
The Fame business firm segments its market by demographic. There are five distinct groups of tourists’ age in Chiang Mai, according to a survey by Tourism Authority of Thailand, a leading market intelligence statistic. The survey covered over 5,356,867 individuals in Chiang Mai. The individuals are categorized according to their different ages. The largest group is between the ages of 25 and 34, making up 34 percent. The second largest group is under 25 year-old, making up 28 percent. The third group is between the ages of 35 and 44, making up 18 percent. The fourth group is between the ages 45 and 54, making up 13 percent. The fifth group is 55 and over, making up 7 percent. Base on this study, we can see that affluent group in The Fame is the ages of 24 and 34.
38
Market Position of the Fame
High Service
Children
Adult
High Service
Market Position: Using positioning and perceptual maps to increase the sale to children and adults. According to Marketing in Asia (2012), “the unique theme park is an increasing concern of consumers”.
Target Market
The primary target market for The Fame products and service is individuals in between the ages of 25 and 34. 3.2.3 Competitive Analysis for our Company
Because we have to know ourselves for use it to compete with the competitor, like the idiom said “One who knows the enemy and knows himself will not be in danger in a hundred battles”. We are monopoly in Chiang Mai because we are the first amusement park, according to destination marketing in Chiang Mai, none of business sector in theme park business, so the proportion of our company in the Chiang Mai market shares nearly to be 100%. For our Service and Product we did not sell in high price and we have the differentiation in our concept. We did not only focus on having fun
39
but also support the learning in both physical and psychological. We help people to have wide society. Our company relies on technology to create the amusement park. We need the up to date information about the related technology to improve our company to be on the majority line of Life Cycle.
3.3 STP analysis 3.3.1 Market segmentation
Target visitors of Rollor Coaster, Ferris Wheel, Galloper, MaxAir, Thrill Dragster, and Lanna Huanted House focus on age under 25 years old because the rides can make the teenage to get enjoyable and adventure from the rides. 3.3.2 Target analysis
The largest target market of the theme park focus on between the ages of 25 and 35. making up 34 percent and there are statements made young foreign tourists, 10 percentage , 30 percent and 60 percent promotion to return to the client. The price promotion and discount. The expected total revenue increased 20 percent to 500 million and 1.5 million subscribers this year. 3.3.3 Position analysis
A position is the way a company's brand fits into targeted market segments relative to competitors. Companies try to established differentiated brand benefits to stand out from competitors. Ultimately, customers decide how to react to a company's brand and position relative to others. When conducting positional analysis, the key is to determine what position the company intends to have and how its brand is actually perceived by customer markets. (smallbusiness, 2012)
3.4 Marketing Mix Strategy 3.4.1 Product
From studying, the majority of customers concern about standard of theme park and about accident. Therefore we emphasize the high quality of equipment consider with the position and source of equipment where standard and high quality including the variety of product in our theme park for response and make our customers satisfy with our theme park.
40
3.4.2 Price
From studying, the majority of customers concern in reasonable price which suitable with the theme park and then they concern about special price or discount for customers loyalty. Therefore we emphasize the reasonable price for customers and establish standard price for customers satisfaction including the discount for customers who loyalty with theme park. In this reason we can make customers loyalty and honesty with us. The prices have 2 types; a ticket through the door only, adult 150 Baht per person, child 120 Baht per person, if you want to player, you can buy the ticket in front of that rides. Ticket prices include 450 baht per person, but this ticket can play all kinds of amusement machines. 3.4.3 Place
The Theme park at Chiang Mai; the location is 100 Rai through the main Ring Road, Mae Rim
away
from
the
city
around
15
minutes
(http://translate.google.com/translate?hl=th&ie=UTF8&prev=_t&rurl=translate.google.co.th&sl=th &tl=en&twu=1&u=http://www.paulestherland.com/), which we emphasize about big place and convenience for itinerary. Involve more parking lots and car security from steal to make customers comfortable and security. Overall strategy can attract more customers from Northern of Thailand and we will get benefit because we don’t have compete 3.4.4 Promotion
From studying, the majority of customers concern about accident from playing. Therefore we emphasize the insurance to make customers sure in our theme park and we also need to promote with WOM, TV, Radio, signboard at the building location, post the poster at the university and the department store and so on. In addition, our theme park has special discount in the end semester for children to make customers happy.
41 3.5 Table of sale on forecast January
February
March
April
May
June
July
August
September
October
November
December
Total sale
1st year
Rides ticket fee Adult
4,200,000
4,000,000
4,100,000
4,300,000
4,000,000
3,900,000
3,800,000
3,650,000
3,600,000
4,100,000
4,000,000
4,100,000
47,750,000
Children
3,600,000
3,300,000
3,400,000
3,500,000
3,800,000
3,500,000
3,400,000
3,200,000
3,100,000
3,900,000
3,700,000
3,800,000
42,200,000
Group
1,900,000
1,800,000
1,900,000
2,100,000
2,000,000
1,880,000
1,800,000
1,700,000
1,750,000
1,900,000
1,700,000
1,870,000
22,300,000
6,000,000
6,000,000
6,000,000
6,000,000
6,000,000
6,000,000
6,000,000
6,000,00 0
6,000,000
6,000,000
6,000,000
6,000,000
72,000,000
2,200,000
2,050,000
2,100,000
2,200,000
2,000,000
1,950,000
1,850,000
1,700,000
1,650,000
1,800,000
1,700,000
1,900,000
23,100,000
21,690,000
Outlet Rental fee Cinema 4D ticket Other Food&beverage The special product
2,000,000
1,800,000
1,860,000
2,050,000
1,850,000
1,800,000
1,780,000
1,620,00 0
1,600,000
1,850,000
1,700,000
1,780,000
2,300,000
2,200,000
2,250,000
2,300,000
2,100,000
2,000,000
1,900,000
1,800,000
1,700,000
2,100,000
1,900,000
2,080,000
Total sale
22,200,000
21,150,000
21,610,000
22,450,000
21,750,000
21,030,000
20,530,000
19,670,00 0
19,400,000
21,650,000
20,700,000
24,630,000 21,530,000
253,670,000
2nd year
Rides ticket fee Adult
4,400,000
4,200,000
4,300,000
4,500,000
4,400,000
4,300,000
4,250,000
4,200,000
4,150,000
4,300,000
4,300,000
4,380,000
51,680,000
Children
4,250,000
4,000,000
4,100,000
4,300,000
4,100,000
4,000,000
4,100,000
4,000,000
3,900,000
4,200,000
4,080,000
4,000,000
49,030,000
Group
2,100,000
1,980,000
2,080,000
2,200,000
2,100,000
1,900,000
1,850,000
1,800,000
1,850,000
2,000,000
1,800,000
1,900,000
23,560,000
Outlet Rental fee
6,000,000
6,000,000
6,000,000
6,000,000
6,000,000
6,000,000
6,000,000
6,000,00 0
6,000,000
6,000,000
6,000,000
6,000,000
72,000,000
2,500,000
2,350,000
2,400,000
2,550,000
2,400,000
2,200,000
2,100,000
2,080,000
2,000,000
2,300,000
2,250,000
2,300,000
27,430,000
25,980,000
Cinema 4D ticket Other Food&beverage The special product
2,300,000
2,100,000
2,200,000
2,300,000
2,250,000
2,200,000
2,100,000
2,000,00 0
1,900,000
2,250,000
2,180,000
2,200,000
2,700,000
2,600,000
2,700,000
2,750,000
2,680,000
2,600,000
2,500,000
2,450,000
2,460,000
2,600,000
2,500,000
2,580,000
Total sale
24,250,000
23,230,000
23,780,000
24,600,000
23,930,000
23,200,000
22,900,000
22,530,00 0
22,260,000
23,650,000
23,110,000
31,120,000 23,360,000
280,800,000
42 January
February
March
April
May
June
July
August
September
October
November
December
Total sale
3rd year
Rides ticket fee Adult
4,900,000
4,800,000
4,950,000
5,100,000
4,900,000
4,850,000
4,800,000
4,700,000
4,650,000
4,900,000
4,800,000
4,900,000
58,250,000
Children
4,700,000
4,600,000
4,700,000
4,900,000
4,800,000
4,700,000
4,700,000
4,550,000
4,500,000
4,700,000
4,700,000
4,800,000
56,350,000
Group
3,000,000
2,900,000
2,950,000
3,150,000
3,000,000
2,950,000
2,800,000
2,800,000
2,720,000
3,100,000
3,000,000
3,120,000
35,490,000
Outlet Rental fee
6,000,000
6,000,000
6,000,000
6,000,000
6,000,000
6,000,000
6,000,000
6,000,000
6,000,000
6,000,000
6,000,000
6,000,000
72,000,000
2,900,000
2,800,000
2,980,000
3,100,000
3,000,000
2,900,000
2,700,000
2,550,000
2,500,000
3,100,000
3,000,000
3,100,000
34,630,000
32,170,000
Cinema 4D ticket Other Food&beverage The special product
2,700,000
2,600,000
2,740,000
2,800,000
2,700,000
2,600,000
2,550,000
2,500,000
2,400,000
2,880,000
2,800,000
2,900,000
3,200,000
3,100,000
3,300,000
3,400,000
3,300,000
3,200,000
3,100,000
3,000,000
2,900,000
3,300,000
3,200,000
3,500,000
Total sale
27,400,000
26,800,00 0
27,620,000
28,450,000
27,700,000
27,200,000
26,650,000
26,100,000
25,670,000
27,980,000
27,500,000
38,500,000 28,320,000
327,390,000
4th year
Rides ticket fee Adult
5,400,000
5,280,000
5,350,000
5,500,000
5,400,000
5,300,000
5,200,000
5,100,000
5,000,000
5,300,000
5,200,000
5,300,000
63,330,000
Children
5,200,000
5,000,000
5,280,000
5,400,000
5,250,000
5,150,000
5,000,000
5,000,000
4,900,000
5,100,000
5,000,000
520,000
56,800,000
Group
4,000,000
3,980,000
4,020,000
4,300,000
4,200,000
4,170,000
4,080,000
4,000,000
3,800,000
4,180,000
4,060,000
4,200,000
48,990,000
6,900,000
6,900,000
6,900,000
6,900,000
6,900,000
6,900,000
6,900,000
6,900,000
6,900,000
6,900,000
6,900,000
6,900,000
82,800,000
3,500,000
Outlet Rental fee Cinema 4D ticket
3,400,000
3,400,000
3,800,000
3,700,000
3,650,000
3,550,000
3,500,000
3,380,000
3,600,000
3,500,000
3,600,000
42,580,000
Food&beverage The special product
3,250,000
3,200,000
3,300,000
3,600,000
3,500,000
3,400,000
3,350,000
3,300,000
3,180,000
3,400,000
3,300,000
3,380,000
40,160,000
3,880,000
3,790,000
3,800,000
4,200,000
4,100,000
4,000,000
3,950,000
3,900,000
3,800,000
4,000,000
3,900,000
4,100,000
Total sale
32,130,000
Other
31,550,00 0
32,050,000
33,700,000
33,050,000
32,570,000
32,030,000
31,700,000
30,960,000
32,480,000
31,860,000
47,420,000 28,000,000
382,080,000
43 January
February
March
April
May
June
July
August
September
October
November
December
Total sale
5th year
Rides ticket fee Adult
6,100,000
5,900,000
6,100,000
6,200,000
6,100,000
6,000,000
5,900,000
5,800,000
5,700,000
6,000,000
5,880,000
5,900,000
71,580,000
Children
5,800,000
5,700,000
5,900,000
6,000,000
5,900,000
5,800,000
5,700,000
5,600,000
5,500,000
5,800,000
5,750,000
3,800,000
67,250,000
Group
5,050,000
5,000,000
5,000,000
5,300,000
5,200,000
5,100,000
5,000,000
4,900,000
4,800,000
5,150,000
5,092,000
5,000,000
60,592,000
Outlet Rental fee
6,900,000
6,900,000
6,900,000
6,900,000
6,900,000
6,900,000
6,900,000
6,900,000
6,900,000
6,900,000
6,900,000
6,900,000
82,800,000
4,500,000
4,400,000
4,550,000
4,680,000
4,600,000
4,500,000
4,400,000
4,300,000
4,200,000
4,400,000
4,300,000
4,350,000
53,180,000
50,650,000
Cinema 4D ticket Other Food&beverage The special product
4,200,000
4,100,000
4,220,000
4,600,000
4,500,000
4,500,000
4,300,000
4,200,000
4,150,000
4,000,000
3,900,000
3,980,000
4,800,000
4,500,000
4,830,000
5,000,000
4,900,000
4,800,000
4,700,000
4,600,000
4,500,000
4,700,000
4,600,000
4,700,000
Total sale
37,350,000
36,500,00 0
37,500,000
38,680,000
38,100,000
37,600,000
36,900,000
36,300,000
35,750,000
36,950,000
36,422,000
56,630,000 34,630,000
442,682,000
44
3.5 Marketing Expenses (Sales, Incentives) 3.5.1 Total Marketing Expense in Year 2013 Detail
Radio Ads.
January
2,500
February
2,500
March
2,500
April
2,500
May
2,500
June
July
2,500
2,500
August
2,500
September
October
2,500
2,500
November
2,500
December
2,500
Total
30,000
Leaflets
3,000
-
-
3,000
-
-
3,000
-
-
3,000
-
-
12,000
Signboard
25,000
-
-
25,000
-
-
-
25,000
-
-
-
-
75,000
Booth
50,000
-
-
20,000
-
-
-
-
-
10,000
-
-
80,000
Public Relation
15,000
-
5,000
-
-
5,000
-
-
5,000
-
-
5,000
35,000
Ticket voucher
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
60,000
10,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
Other Total marketing expense
101,5000
8,500
13,500
56,500
8,500
13,500
11,500
38,500
8,500
1,000
21,500
21,000
13,500
8,500
333,000
3.3.2 Total Marketing Expense in Year 2014 Detail
Radio Ads.
January
2,500
Leaflets
February
2,500
March
2,500
April
2,500
May
2,500
June
July
2,500
2,500
August
2,500
September
October
2,500
2,500
November
2,500
December
2,500
Total
30,000
3,000
-
-
3,000
-
-
3,000
-
-
3,000
-
-
12,000
Signboard
25,000
-
-
25,000
-
-
-
25,000
-
-
-
-
75,000
Booth
20,000
-
-
20,000
-
-
-
-
-
10,000
-
-
50,000
Public Relation
5,000
-
5,000
-
-
5,000
-
-
5,000
-
-
5,000
25,000
Ticket voucher
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
60,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
61,500
8,500
13,500
Other Total marketing expense
56,500
8,500
13,500
11,500
33,500
13,500
21,500
1,000
12,000
8,500
13,500
264,000
December
Total
3.3.3 Total Marketing Expense in Year 2015 Detail
Radio Ads. Leaflets
January
-
February
-
March
-
April
-
May
-
June
July
-
-
August
-
September
October
November
-
-
-
30,000
30,000
3,000
-
-
3,000
-
-
3,000
-
-
3,000
-
-
12,000
Signboard
25,000
-
-
25,000
-
-
-
25,000
-
-
-
-
75,000
Booth
50,000
20,000
-
-
20,000
-
-
-
-
-
10,000
-
-
Public Relation
-
-
5,000
-
-
5,000
-
-
5,000
-
-
5,000
20,000
Ticket voucher
-
-
20,000
-
-
-
-
-
10,000
-
-
10,000
40,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
12,000
49,000
1,000
26,000
Other Total marketing expense
49,000
1,000
6,000
4,000
26,000
16,000
14,000
1,000
46,000
239,000
45
3.3.4 Total Marketing Expense in Year 2016 Detail
Radio Ads.
January
-
Leaflets
February
-
March
-
April
-
May
-
June
July
-
-
August
-
September
October
November
-
-
-
December
30,000
Total
30,000
3,000
-
-
3,000
-
-
3,000
-
-
3,000
-
-
12,000
Signboard
25,000
-
-
25,000
-
-
-
25,000
-
-
-
-
75,000
Booth
50,000
20,000
-
-
20,000
-
-
-
-
-
10,000
-
-
Public Relation
-
-
5,000
-
-
5,000
-
-
5,000
-
-
5,000
20,000
Ticket voucher
-
-
20,000
-
-
-
-
-
10,000
-
-
10,000
40,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
12,000
49,000
1,000
26,000
Other Total marketing expense
49,000
1,000
6,000
4,000
26,000
16,000
14,000
1,000
46,000
239,000
3.3.5 Total Marketing Expense in Year 2017 Detail
Radio Ads.
January
-
Leaflets
February
-
March
-
April
-
May
-
June
July
-
-
August
-
September
October
November
-
-
-
December
30,000
Total
30,000
3,000
-
-
3,000
-
-
3,000
-
-
3,000
-
-
12,000
Signboard
25,000
-
-
25,000
-
-
-
25,000
-
-
-
-
75,000
Booth
50,000
20,000
-
-
20,000
-
-
-
-
-
10,000
-
-
Public Relation
-
-
5,000
-
-
5,000
-
-
5,000
-
-
5,000
20,000
Ticket voucher
-
-
20,000
-
-
-
-
-
10,000
-
-
10,000
40,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
12,000
49,000
1,000
26,000
Other Total marketing expense
49,000
1,000
6,000
4,000
1,000 26,000
16,000
14,000
1,000 1,000
46,000
239,000
3.7 Conclusion
From this project, it talks about built the theme park. The theme park uses area about 100 acres that it is a huge theme park. It uses more money to invest the theme park that is included property, building, equipment, facilities, recreation, and player. And high more employee that is purchasing department, sales and marketing department, accounting and financing department, staff, security, executive department, manager department, housekeeping and gardener. There is more activity to serve the customer. The target group is children and adult. The player separate in two types that are children zone and adult zone. In addition, there is a garden park area for customer who would like to relax and take a photo. In the garden park will gather more flower species in the theme park. Also, there are Thai food that is local food and international foods such as Japanese food, American food, Korean food and Italian food. And that it has a souvenir shop liked a handmade to create by local people. Moreover, the theme park has cartoon fancy parade, four regions or Thai culture parade.
46
Chapter 4 Investment Cost
47
4.1 Cost of Investment
Building We will make a new building of theme park in suburb o f Chiang Mai. Because the location is near a mountain or hilly and that have a wide area to build it and also that is center of commerce, industry, transport and tourism. Chiang Mai has never built theme park business before that has great impact on the economy and investment also the location is suitable to build it.
Investment Building Vehicle Roller Coaster Galloper Max air Thrill Dragster Ferries wheel Lanna Hunted house Frame cinema Computer Films screen Air-condition Cash entry equipment Projector Vacuum bottles Refrigerators Water cooler and hot Microwaves Telephones
Year1 8,500,000 725,000 36,000,000 1,500,000 260,000,000 750,000,000 3,000,000 135,392,000 63,465,000 636,000 178,000 300,000 56,000 80,000 4,120 30,000 10,500 8,400 8,330
Year2 8,500,000 725,000 36,000,000 1,500,000 260,000,000 750,000,000 3,000,000 135,392,000 63,465,000 636,000 178,000 300,000 56,000 80,000 4,120 30,000 10,500 8,400 8,330
Year3 8,500,000 725,000 36,000,000 1,500,000 260,000,000 750,000,000 3,000,000 135,392,000 63,465,000 636,000 178,000 300,000 56,000 80,000 4,120 30,000 10,500 8,400 8,330
Year4 8,500,000 725,000 36,000,000 1,500,000 260,000,000 750,000,000 3,000,000 135,392,000 63,465,000 636,000 178,000 300,000 56,000 80,000 4,120 30,000 10,500 8,400 8,330
Year5 8,500,000 725,000 36,000,000 1,500,000 260,000,000 750,000,000 3,000,000 135,392,000 63,465,000 636,000 178,000 300,000 56,000 80,000 4,120 30,000 10,500 8,400 8,330
48
Investment Faxes &Printers Televisions Cutting paper machine Total
Year1 57,000 27,600 3,750 1259,981,700
Year2 57,000 27,600 3,750 1259,981,700
Year3 57,000 27,600 3,750 1259,981,700
4.2 Pre Operating Cost Pre Operation cost Landscape
Total price
400,000,000
Fee Transfer 2% Taxation 0.5 % Business tax 3.3% Mortgage of land 1% Total
8,000,000 2,000,000 13,200,000 4,000,000 427,200,000
Equipment
438,960
Decoration
150,000,000
Total
150,438,960
Year4 57,000 27,600 3,750 1259,981,700
Year5 57,000 27,600 3,750 1259,981,700
49
4.3 Investment Cost No.
Detail
Amount
Price
Total
100
4,000,000
400,000,000
1
Land
2
Land preparation
1,200,000
1,200,000
3
Buliding
13,000,000
13,000,000
18,200,000
414,200,000
10
8,000
80,000
4
18,000
72,000
12
11,000
132,000
8
8,500
68,000
12
17,500
210,000
4
13,000
52,000
76,000
614,000
Total Tool
4 5 6 7 8 9
Vacuum cleaners Floor Machine Receivers Lawnmowers Winn cooling Water coolers Total
Machine
10
Computers
40
15,900
636,000
11
Central air
3
50,000
50,000
12
Air-conditions
15
20,000
300,000
13
Cash entry equipment
2
28,000
56,000
14
Projector
1
150,000
150,000
15
Vacuum bottles
4
1,030
4,120
16
Refrigerators
4
7,500
30,000
17
Water cooler and hot
3
3,500
10,500
18
Microwaves
4
2,100
8,400
19
Telephones
17
490
8,330
20
Faxes & Printers
6
9,500
57,000
50
No.
Detail
Amount
Price
Total
21
Televisions
4
6,900
27,600
22
Cutting paper machine
3
1,250
3,750
23
Roller coaster
1
36,000,000
36,000,000
24
Ferries wheel
1
3,000,000
3,000,000
25
Galloper
1
1,500,000
1,500,000
26
Max Air
1
260,000,000
260,000,000
27
Thrill Dragster
1
750,000,000
750,000,000
28
Lanna Huanted house
1
135,392,000
135,392,000
29
Frame cinema
1
63,465,000
63,465,000
1,249,576,458
1,250,389,870
3,500
52,500
Total Equipment
30
Bins
15
31
Litter Bin
8
250
2,000
32
Office equipment
8,500
8,500
33
Toilet equipment
4,500
4,500
34
Cleaning equipment
5,900
5,900
22,650
73,400
160,000
160,000
Total Infrastructure
35
Parking
36
Road
16,520,000
16,520,000
37
Electricity
60,426,000
60,426,000
38
Water supply
14,880,000
14,880,000
39
Restroom
11,000
330,000
40
Food park
68,000
68,000
92,065,000
92,384,000
Total
30
51
No.
Detail
Amount
Price
Total
Furniture
41
Counter for buy ticket
4
3,700
14,800
42
Counter
2
5,800
11,600
43
Clothes lines
2
1,000
2,000
44
File cabinets
9
6,820
61,380
45
1
32,000
32,000
46
Meeting Table Set [Big] Meeting Tables Set [Small]
4
6,890
27,560
47
Workstations
6
39,000
234,000
48
Bookshelf
2
850
1,700
49
Lockers
10
9,500
95,000
50
President desk
1
19,900
19,900
51
Office desks
12
1,950
23,400
52
Arm chairs
12
1,200
14,400
53
Chairs
70
259
18,130
54
Sofas
4
4,890
19,560
133,759
575,430
Total
52
4.4 Facility Layout
53
4.5 Depreciation Investment
Jan
Feb
54,167
54,167
54,167
54,167
54,167
54,167
54,167
54,167
54,167
54,167
54,167
54,167
650,000
vacuum cleanner
1,333
1,333
1,333
1,333
1,333
1,333
1,333
1,333
1,333
1,333
1,333
1,333
16,000
Floor Machine
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
Winn cooling
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
867
867
867
867
867
867
867
867
867
867
867
867
10400
17,667
17,667
17,667
17,667
17,667
17,667
17,667
17,667
17,667
17,667
17,667
17,667
212,000
build
Water coolers Computers Central air Air-conditions Cash entry equipment Projector Vacuum bottles Refrigerators
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
42,000
833
833
833
833
833
833
833
833
833
833
833
833
10000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
60,000
933
933
933
933
933
933
933
933
933
933
933
933
11200
1,333
1,333
1,333
1,333
1,333
1,333
1,333
1,333
1,333
1,333
1,333
1,333
16,000
69
69
69
69
69
69
69
69
69
69
69
69
824
500
500
500
500
500
500
500
500
500
500
500
500
6000 2100
175
175
175
175
175
175
175
175
175
175
175
175
Water cooler and hot Microwaves
140
140
140
140
140
140
140
140
140
140
140
140
Telephones
139
139
139
139
139
139
139
139
139
139
139
139
1666
Faxes & Printers
950
950
950
950
950
950
950
950
950
950
950
950
11400
Televisions
460
460
460
460
460
460
460
460
460
460
460
460
5520
63
63
63
63
63
63
63
63
63
63
63
63
750
Roller coaster
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
2,400,000
Ferries wheel
200,000
Cutting paper machine
1680
16,667
16,667
16,667
16,667
16,667
16,667
16,667
16,667
16,667
16,667
16,667
16,667
Galloper
8,333
8,333
8,333
8,333
8,333
8,333
8,333
8,333
8,333
8,333
8,333
8,333
100,000
Max Air
1,444,444
1,444,444
1,444,444
1,444,444
1,444,444
1,444,444
1,444,444
1,444,444
1,444,444
1,444,444
1,444,444
1,444,444
17,333,333
Thrill Dragster
50,000,000
4,166,667
4,166,667
4,166,667
4,166,667
4,166,667
4,166,667
4,166,667
4,166,667
4,166,667
4,166,667
4,166,667
4,166,667
Lanna Huanted house
752,178
752,178
752,178
752,178
752,178
752,178
752,178
752,178
752,178
752,178
752,178
752,178
Frame cinema
352,583
352,583
352,583
352,583
352,583
352,583
352,583
352,583
352,583
352,583
352,583
352,583
4,231,000
Counter for buy ticket
411
411
411
411
411
411
411
411
411
411
411
411
4933.333333
Counter
322
322
322
322
322
322
322
322
322
322
322
322
3866.666667
9,026,133
54 Investment
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
56
56
56
56
56
56
56
56
56
56
56
56
1,023
1,023
1,023
1,023
1,023
1,023
1,023
1,023
1,023
1,023
1,023
1,023
12,276
Meeting Table Set [Big]
889
889
889
889
889
889
889
889
889
889
889
889
10666.66667
Meeting Tables Set [Small]
766
766
766
766
766
766
766
766
766
766
766
766
9186.666667
6,500
6,500
6,500
6,500
6,500
6,500
6,500
6,500
6,500
6,500
6,500
6,500
78,000
47
47
47
47
47
47
47
47
47
47
47
47
566.6666667
Clothes lines File cabinets
Workstations Bookshelf
666.6666667
2,639
2,639
2,639
2,639
2,639
2,639
2,639
2,639
2,639
2,639
2,639
2,639
31,667
President desk
553
553
553
553
553
553
553
553
553
553
553
553
6633.333333
Office desks
650
650
650
650
650
650
650
650
650
650
650
650
7800
Arm chairs
400
400
400
400
400
400
400
400
400
400
400
400
4800
Chairs
504
504
504
504
504
504
504
504
504
504
504
504
6043.333333
Lockers
Sofas
543
543
543
543
543
543
543
543
543
543
543
543
6520
Total
7,045,503
7,045,503
7,045,503
7,045,503
7,045,503
7,045,503
7,045,503
7,045,503
7,045,503
7,045,503
7,045,503
7,045,503
236,754,456
55
Investment
Amount 13,000,000 80,000 72,000 210,000 52,000 636,000
Life use 20 5
For month 240 60
For year 20 5
5 5 5 3
60 60 60 60
5 5 5 5
Central air Air-conditions
50,000 300,000
5 5
60 60
5 5
Cash entry equipment
56,000
5
60
5
Projector
80,000
5
60
5
Vacuum bottles
4,120
5
60
5
Refrigerators
30,000
5
60
5
Water cooler and hot
10,500
5
60
5
Microwaves
8,400
5
60
5
Telephones
8,330
5
60
5
Faxes & Printers
57,000
5
60
5
Televisions
27,600
5
60
5
Cutting paper machine
3,750
5
60
5
Roller coaster
36,000,000
15
180
15
Ferries wheel
3,000,000
15
180
15
Galloper
1,500,000
15
180
15
Max Air
260,000,000
15
180
15
Thrill Dragster
750,000,000
15
180
15
Lanna Huanted house
135,392,000
15
180
15
Frame cinema
63,465,000
15
180
15
build vacuum cleanner Floor Machine Winn cooling Water coolers Computers
56
Investment Counter for buy ticket Counter Clothes lines File cabinets Meeting Table Set [Big] Meeting Tables Set [Small] Workstations Bookshelf Lockers President desk Office desks Arm chairs Chairs Sofas Total
Amount 14,800 11,600
Life use 3 3
For month 36 36
For year 3 3
2,000 61,380 32,000
3 5 3
36 36 36
3 3 3
27,560 234,000 1,700 95,000 19,900 23,400 14,400 18,130 19,560 2,515,129,740
3 3 3 3 3 3 3 3 3
36 36 36 36 36 36 36 36 36
3 3 3 3 3 3 3 3 3
4.6 Conclusion
From the cost information, We will make a new building of theme park in suburb of Chiang Mai. We need to buy Building, Vehicle, Roller Coaster, Galloper, Max air, Thrill Dragster, Ferries wheel, Lanna Hunted house, Frame cinema, Computer, Films screen, Aircondition, Cash entry equipment, Projector, Vacuum bottles, Refrigerators, Water cooler and hot, Microwaves, Telephones, Faxes &Printers, Televisions, Cutting paper machine and others. We need money to investment about 1,259,981,700 baht to build the theme park. Pr e oper at in g co st ab out 150,438,960 ba ht . Fo r facil it y la yo ut we ha ve one office, two shops, three toilets, two theme we have only one floor.
parkin gs, o ne cinema and five playthings. For
57
Chapter 5 Production and Operations Analysis
58
5.1 Product Characteristics Rides of the theme park 5.1.1. Flight Deck Roller coaster
Duration:
1 minute, 46 seconds
Height Requirement:
52"
Manufacturer:
Vekoma
Speed:
80 km/h
Simulates the feeling of flying an F-14 fighter jet.
Trains travel at almost 80km/hour through 5 inversions highlighted by an Immelmann loop which is named after an aircraft maneuver made famous by Max Immelmann, a World War 1 pilot http://www.canadaswonderland.com/
59
5.1.2. Thrill Dragster
Duration:
0 min., 17 sec.
Height Requirement: 52" Manufacturer:
Intamin, AG
Speed:
120 mph Zero to 120 MPH in less than 4 seconds. A few seconds later, you’re 420 feet in the
air. In the race for pure adrenaline thrills, there is one winner: Top Thrill Dragster. Nothing else compares to this high-horsepower shot into the sky. From a standing start you’re launched forward, then straight up, then straight down and back to the finish line. The ride may be over in 17 seconds, but it’ll stay with you forever.
http://www.canadaswonderland.com/
60
5.1.3. Psyclone – Max Air
Duration:
1 minute, 58 seconds
Height Requirement: 54" Manufacturer:
Mondial
Speed:
13 P.M. It is coming with 40 riders facing outward rotate on a central pendulum and swing to
a height of 120 feet (36.5M), reaching a maximum arc angle of 120 degrees.
http://www.canadaswonderland.com/
61
5.1.4. Carousel
Duration:
4 minutes, 35 seconds
Height Requirement: 46" (Riders under 46" must be accompanied by a responsible person) Manufacturer:
Philadelphia Tabbogan Co.
The ride features 64 srcinal hand-carved horses; the lead horse’s name is Caesar.
There are 24 stationary horses, 42 jumpers, and two chariots.
CAROUSEL is a classic kiddie ride, typically considered as the reference points for children in all parks
http://www.fabbrigroup.com
62
5.1.5. Ferries wheel
FERRIS WHEEL represents the most classical and beautiful attraction for a park. All families may ride this attraction and see a nice landscape from its height.
We provide different wheel dimensions and gondolas, according to customer’s request.
All vehicles can be decorated with special themes and the wheel can be equipped with special LED light effects.
http://www.fabbrigroup.com
63
5.1.6. Lana hunted house
Experience the Blood Bayou with all new scares for 2013. This indoor haunted attraction from your darkest imaginings will challenge reality and keep you scared with every twist and turn of this diabolical scream machine! Rules & warning
No eating,drinking or smoking
No running
Don't touch the actors
No flash photography
No exits - once in you must continue to the end
Not recommended for children 12 & under
No shoes with high-heels or bare feet
This haunt uses strobe lights and fog effects
http://www.scarywoodhaunt.com/bayou-rules.php
64
5.1.7. Cinema
Unlimited full screen borderless ceiling to floor, wall to wall screen.
Projected through the screen with realistic 3D as if we were really into the movie.
Loud booming sound system, digital display systems, usually over several times. No data compression. This makes it sound like the music from the srcinal studio recordings sound amazing throughout the movie.
Realistic color, natural color screen displays up to 35 million colors.
The display 24 frames per second, every moving image and smooth continuity of the film, it still recites every episode.
Than crystal clear picture over any of the seats in the theater. Superior contrast resolution and high optical films used in home theater.
65
5.1.8. Shopping Fun Shop
This shop has wide selection of novelty gift items, toys, candy, jewelry, and tee shirts. Sweet shop
This sweet spot is sure to satisfy with tasty treats, chocolates, beverages, bulk and novelty candy, gourmet candied nuts and other delicious favorites. Brand name shop
We provide variety of brand name shop with a special price to you.
66
5.1.9 Dinning Dairy Queen
Try a cool treat on a hot summer day. Stay classic with an ice cream cone or sundae. Break tradition with a Blizzard, a creamy smooth soft serve blended with your favorite candy, cookie or fruit.
Starbucks
Start your day in the Park with a jolt. Starbucks offers a variety of freshly brewed coffees, lattes and espresso. Pair it with a yummy pastry and you have the start of a great day! Food Park
Variety of food are available include variety of famous restaurant.
67
5.2 Product analysis 5.2.1 Production Cost
Unit price Direct Material No 1
Machine Rollor Coaster
2 Ferris Wheel 3 Galloper 4 Max Air 5 Thrill Dragster 6 Lanna Huanted House 7 Frame cinema Total
Quantity 1
Price per unit 36,000,000 THB
1 1 1 1 1 1 7
3,000,000 THB 1,500,000 THB 260,000,000 THB 750,000,000 THB 135,392,000 THB 63,465,000 THB 1,249,357,000 THB
Direct Labor Cost
No.
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16
Position
General Manager Sale&Marketing Manager Advertising Manager Special Technical Manager Accounting Manager Human Resource Manager Guest Attendant Security Guard Play-Thing Guard Food Service Park Service Ride Operator Game&Arcades Team Housekeeper Gardener Sale-Tickets
Amount of persons 1 1 1 1 1 1 2 2 7 3 3 7 7 3 5 2
Salary/Mouth
Total salary/Mouth
20,000 THB 15,000 THB 15,000 THB 15,000 THB 15,000 THB 15,000 THB 9,000 THB 7,500 THB 8,000 THB 7,500 THB 8,000 THB 8,000 THB 8,000 THB 7,500 THB 7,500 THB 7,500 THB
20,000 THB 15,000 THB 15,000 THB 15,000 THB 15,000 THB 15,000 THB 18,000 THB 15,000 THB 56,000 THB 22,500 THB 24,000 THB 56,000 THB 56,000 THB 22,500 THB 37,500 THB 15,000 THB
17 18
Cashier shop, Retail Store) 3 8,000 24,000 THB Costume(Gift Character (Include, 25 8,000 THB THB 200,000 THB parade show, actor, actress) 189,500 THB Total 72 641,500THB Reference: http://www.sixflagsjobs.com/opportunities.html and http://www.oeg.co.th/worktravel/ProgramInfo/WAT_Employer.php * The employees in our theme park has 72 persons and each the position different for salary. Our theme park have to pay 617.500 THB/Mouth.
68
Manufacturing Overhead
Electricity Cost
TOD and TOU rates are the power given to the price varies over time as well, but details of times and prices vary according to the needs of electric power (kW) and energy (kWh). Differ as follows. No
Detail
The demand of Energy (Baht/kW) Peak
Energy charge (Baht/Unit) Peak
Off Peak
1
Voltage of 69 kV up
224.30
3.6917
2.7441
2
Voltage of22-33 kV up
285.05
3.7731
2.7815
3
Voltage of less than 22 kV
332.71
3.9189
2.8095
(Provincial Electricity Authority, 2013) Water supply cost
Large business Level of water use
Unit
price pay total Low level rate 300 baht/month(15 LBM)
0-10
10
18.00
180.00
180.00
11-20
10
21.00
210.00
390.00
21-30
10
24.00
240.00
630.00
31-50
20
27.00
540.00
1,170.00
51-80
30
29.00
870.00
2,040.00
81-100
20
29.25
585.00
2,625.00
101-300 301-1000
200 700
29.50 29.75
5,900.00 20,825.00
8,525.00 29,350.00
1001-2000
1,000
29.50
29,500.00
58,850.00
2001-3000
1,000
29.25
29,250.00
88,100.00
>3000
29.00
(Provincial Waterworks Authority, 2013)
69
This is our operation cost which calculates from the provided data above and it’s in the averaged form Operation cost
Jan Feb March Apr
Electricity (average) 4,476,000 3,170,500 7,460,000 7,460,000
Water supply (average) 1,320,000 900,000 1,500,000 1,500,000
Total in The each month 5,796,000 4,070,500 8,960,000 8,960,000
May Jun July Aug Sep Oct Nov Dec
7,460,000 4,476,000 3,170,500 3,170,500 4,476,000 7,460,000 3,170,500 4,476,000
1,500,000 1,320,000 900,000 900,000 1,320,000 1,500,000 900,000 1,320,000
8,960,000 5,796,000 4,070,500 4,070,500 5,796,000 8,960,000 4,070,500 5,796,000
70
Direct Material Beginning Material inventory Total cost of direct material Direct Labor Labor
Apr
Cost of operating Year1 May Jun Jul
Jan
Feb
Mar
Aug
Sep
Oct
Nov
Dec
Total
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
641,500
641,500
641,500
641,500
641,500
641,500
641,500
641,500
641,500
64 1,500
641,500
6 41,500
7,698 ,000
641,500
641,500
641,500
641,500
641,500
641,500
641,500
641,500
641,500
64 1,500
641,500
6 41,500
7,698 ,000
Training expense Electricity expense Water expense
36,000
-
4,476,000
3,170,500
7,460,000
7,460,000
7,460,000
4,476,000
3,170,500
3,170 ,500
4,476,000
1,320,000
900,000
1,500,000
1,500,000
1,500,000
1,320,000
900,000
900,000
1,320,000
Internet& telephone expense Fire Insurance Social security insurance expense Tourist insurance Commission Total manufacturing overhead Total product cost
2,200
2,000
2,800
100,000
-
-
-
-
-
-
-
-
-
-
-
100,000
70,000
-
-
-
-
-
-
-
-
-
-
-
70,000
200,000
-
-
-
10,080
10,080
10,080
10,080
10,080
10,080
4,082,580
8,972,880
8,973,580
8,973,580
5,808,880
4,082,580
4,082,580
5,808,080
8,973,580
4,082,580
5,808,280 75,863,460
4,724,080
9,614,380
9,615,080
9,615,080
6,450,380
4,724,080
4,724,080
6,450,380
9,615,080
4,724,080
6,449,780 83,561,460
Total direct labor cost Manufacturing Overhead
-
-
-
3,500
-
3,500
-
-
2,800
-
-
2,000
-
-
2,000
10,080
-
2,000
10,08 0
7,460,000 1,500,000
3,50 0
10,080
3,170,5 00 900,000
2,000
10,080
36,000 4,476,000
2 ,200
10,080
6,214,280
6 0,426,000
1,320,000
14,880,000
30,50 0
200,000 10,080
12 0,960
71
Direct Material Beginning Material inventory Total cost of direct material Direct Labor Labor
Cost of operating Year2 Apr May Jun Jul
Jan
Feb
Mar
-
-
-
-
-
-
-
-
Aug -
Sep -
Oct -
Nov -
Dec -
Total
-
-
-
-
-
-
-
-
-
-
-
-
-
641,500
641,500
641,500
641,500
641,500
641,500
641,500
641,500
64 1,500
641 ,500
641,500
641,500
7,698,000
641,500
641,500
641,500
641,500
641,500
641,500
641,500
641,500
64 1,500
641 ,500
641,500
641,500
7,698,000
Training expense Electricity expense Water expense
36,000
-
4,486,000
3,180,500
7,470,000
7,470,000
7,470,000
4,486,000
3,180,500
3,180,500
4,48 6,000
7,470 ,000
3,180,500
1,330,000
910,000
1,510,000
1,510,000
1,510,000
1,330,000
910,000
910,000
1,330,000
1,510,000
910,000
Internet& telephone expense Fire Insurance Social security insurance expense Tourist insurance Commission Total manufacturing overhead Total product cost
2,300
2,100
2,900
100,000
-
-
-
-
-
-
-
-
-
-
-
100,000
70,000
-
-
-
-
-
-
-
-
-
-
-
70,000
200,000
-
-
10,080
10,080
10,080
Total direct labor cost Manufacturing Overhead
6,134,480
6,775,980
-
-
-
3,600
-
-
3,600
10,080
-
2,900
10,080
-
2,100
10,080
-
2,100
10,080
-
2,10 0
10,080
-
3,600
10 ,080
-
2,100
10,08 0
36,000 4,486,000
6 0,546,000
1,330,000
2,300
10,080
15,000,000
3 1,700
200,000 10,080
1 20,960
4,102,680
8,992,980
8,993,680
8,993,680
5,828,980
4,102,680
4,102,680
5,828,180
8,993,680
4,102,680
5,828,380
4,774,180
9,634,480
9,635,180
9,635,180
6,470,480
4,744,180
4,744,180
6,46 9,680
9,635 ,180
4,744,180
6,469,880 83,802,660
7 6,104,660
72
Direct Material Beginning Material inventory Total cost of direct material Direct Labor Labor
Apr
Cost of operating Year3 May Jun Jul
Jan
Feb
Mar
-
-
-
-
-
-
-
-
Aug -
Sep -
Oct -
Nov -
Dec -
Total
-
-
-
-
-
-
-
-
-
-
-
-
-
641,500
641,500
641,500
641,500
641,500
641,500
641,500
641 ,500
641,500
641,500
641,500
641,500
7,69 8,000
641,500
641,500
641,500
641,500
641,500
641,500
641,500
641 ,500
641,500
641,500
641,500
641,500
7,69 8,000
Training expense
36,000
-
Electricity expense Water expense
4,496,000
3,190,500
7,480,000
7,480,000
7,480,000
4,496,000
3,190,500
3,190 ,500
4,496,000
1,340,000
920,000
1,520,000
1,520,000
1,520,000
1,340,000
920,000
920,000
1,340,000
Internet& telephone expense Fire Insurance Social security insurance expense Tourist insurance Commission Total manufacturing overhead Total product cost
2,400
2,200
2,900
100,000
-
-
-
-
-
-
-
-
-
-
-
100,000
70,000
-
-
-
-
-
-
-
-
-
-
-
70,000
200,000
-
-
-
10,080
10,080
10,080
6,254,480
4,122,780
9,012,980
9,013,780
9,013,780
5,848,980
4,122,780
4,122 ,780
5,848,280
9,013,780
4,122,7 80
5,848,480
6,895,980
4,764,280
9,654,480
9,655,280
9,655,280
6,490,480
4,764,280
4,764 ,280
6,489,780
9,655,280
4,764,2 80
6,489,980 84,043,660
Total direct labor cost Manufacturing Overhead
-
-
-
3,700
-
3,700
10,080
-
2,900
10,080
-
2,200
2,200
10,080
-
10,080
-
2,200
10,08 0
7,480,000 1,520,000 3,70 0
10,080
3,190,5 00 920,000 2,200
10,080
36,000 4,496,000
2 ,400
10,080
6 0,666,000
1,340,000
15,120,000 32,70 0
200,000 10,080
12 0,960 7 6,345,660
73
Direct Material Beginning Material inventory Total cost of direct material Direct Labor Labor
Apr
Cost of operating Year4 May Jun Jul
Jan
Feb
Mar
-
-
-
-
-
-
-
-
Aug -
Sep -
Oct -
Nov -
Dec -
Total
-
-
-
-
-
-
-
-
-
-
-
-
-
641,500
641,500
641,500
641,500
641,500
641,500
641,500
641 ,500
641,500
641,500
641,500
641,500
7,69 8,000
641,500
641,500
641,500
641,500
641,500
641,500
641,500
641 ,500
641,500
641,500
641,500
641,500
7,69 8,000
Training expense Electricity expense
36,000
-
4,506,000
3,200,500
7,490,000
7,490,000
7,490,000
4,500,000
3,200,500
3,200 ,500
4,500,000
Water expense
1,350,000
930,000
1,530,000
1,530,000
1,530,000
1,350,000
930,000
930,000
1,350,000
Internet& telephone expense Fire Insurance Social security insurance expense Tourist insurance Commission Total manufacturing overhead Total product cost
2,500
2,300
Total direct labor cost Manufacturing Overhead
-
-
3,000
-
3,800
-
3,800
-
3,000
-
2,300
-
2,300
-
2,300
7,490,000 1,530,000 3,80 0
3,200,5 00 930,000 2,300
36,000 4,500,000
6 0,768,000
1,350,000 2 ,500
15,240,000 33,90 0
100,000
-
-
-
-
-
-
-
-
-
-
-
100,000
70,000
-
-
-
-
-
-
-
-
-
-
-
70,000
200,000
-
-
-
10,080
10,080
10,080
6,274,580
4,142,880
9,033,080
9,033,880
9,033,880
5,863,080
4,142,880
4,142 ,880
5,862,380
9,033,880
4,142,8 80
5,862,580
6,916,080
4,784,380
9,674,580
9,675,380
9,675,380
6,504,580
4,784,380
4,784 ,380
6,503,880
9,675,380
4,784,3 80
6,504,080 84,266,860
10,080
10,080
10,080
10,080
10,08 0
10,080
10,080
10,080
200,000 10,080
12 0,960 7 6,568,860
74
Direct Material Beginning Material inventory Total cost of direct material Direct Labor Labor Total direct labor cost Manufacturing Overhead
Apr
Cost of operating Year5 May Jun Jul
Jan
Feb
Mar
-
-
-
-
-
-
-
-
Aug -
Sep -
Oct -
Nov -
Dec -
Total
-
-
-
-
-
-
-
-
-
-
-
-
-
641,500
641,500
641,500
641,500
641,500
641,500
641,500
641 ,500
6 41,500
641,500
641,500
641,500
7,698,000
641,500
641,500
641,500
641,500
641,500
641,500
641,500
641 ,500
6 41,500
641,500
641,500
641,500
7,698,000
Training expense Electricity expense
36,000
-
-
-
4,516,000
3,210,500
7,500,000
7,500,000
7,500,000
4,510,000
3,210,500
3,210 ,500
4 ,510,000
7,500,000
Water expense
1,360,000
940,000
1,540,000
1,540,000
1,540,000
1,360,000
940,000
940,000
1,360,000
1,540,000
Internet& telephone expense
2,600
2,400
3,100
Fire Insurance Social security insurance expense Tourist insurance Commission manufacturing Total overhead Total product cost
100,000
-
-
-
-
-
-
-
-
-
-
-
100,000
70,000
-
-
-
-
-
-
-
-
-
-
-
70,000
200,000
-
-
10,080
10,080
10,080
6,294,680
4,162,980
9,053,180
9,053,980
9,043,900
5,883,180
4,162,980
4,162 ,980
5 ,882,480
9,053,980
4,162,980
5,882,680
6,936,180
4,804,480
9,694,680
9,695,480
9,685,400
6,524,680
4,804,480
4,804 ,480
6 ,523,980
9,695,480
4,804,480
6,524,180 84,508,060
-
-
-
3,900
-
-
3,900
10,080
-
3,100
2,400
10,080
10,080
2,400
10,080
-
2,400
10,08 0
3,900
1 0,080
500/person (have 72 employees) 20,000THB/Year 70,000 THB/Year Electricity expense 3.69 baht per unit Water expense 15 baht per unit (1 unit equal to 1,000 litter) We pay for insurance company per year, but insurance company will pay for tourist insurance depend on condition 10% commission/agent/no. of tourist/month from revenue (Tickets are 420 baht for tourist buy a ticket from agent.) [(420*60*4)*10%] Reference: http://www.pea.co.th/rates/Rate2006.pdf
-
3,210,500 940,000 2,400
10,080
36,000 4,510,000
2,600
10,080
60,888,000
1,360,000
15,360,000 35,100
200,000 10,080
120,960 76,810,060
75
Service Process
When the customer entry to our theme park, the staff will take care for the customer feeling following a old culture of kingdom of Lanna theme, the customer can play and enjoy with many ride and our theme park has staff any point. We sure when the customer entry theme park will impression because we have to train our staff for take care the safety for make sure and entertain the customer in Lana culture form that never appear in Thailand. We are focus on the service mind that we want the customer impress with everything of our theme park because for attraction the customer for come back to our theme park again. Step of process services
When a customer comes in the theme park. Staffs welcome with smile and allocate big parking and bring customer to point of sale ticket.
Give instructive or knowledge of each playthings, cinema and shopping.
When the customer give ticket the staff will bring the customer to ride and enjoy with it. The staff will take care for safety during the customer playing.
Make impression by sent customer to the car.
Law about Theme park
Section1 General Provisions Article 8 bis, in the benefit of public safety. Minister will care appearance of the building to
use as a theme park, or in any other place in the same building for the purpose of this Act. Regulations shall prescribe procedures and conditions required for construction. Allowing the monitoring of the weight of the safety and property of materials or equipment required in connection with such things as the appropriateness each feature and each style may be different from the provisions of the this Act. Section 37 of the Regulation. Local ordinances., or order issued under the Building Act 2522
and Building Act 2522 as amended by the Building Act (No. 2) Act, 2535 in force prior to this Act. shall remain in force to the extent not inconsistent with the provisions that have been amended by this Act. Until the regulations. Local ordinances. Or order issued under the Building Act 2522 as amended by this Act in regard to the use of force.
76
Note: - The reason for the promulgation of this Act is to present the development of the
country's rapid growth. In particular, the expansion of the building increases. The Building Control Act is not applicable to fit the current situation. The amendment of the law on building control reconfiguration. The measures in the field of control on stability, security, fire protection, public health, the environment, urban planning and architecture. And to facilitate the traffic laws to prevent dangers caused the theater to play the enforcement of a long time ago. Not appropriate for the current situation with the building of the theater was. Should be adopted to allow the theater to the same law as the law governing the use of the building for easy access. And should be set to something that is to be used to transport persons or the cable car was built with the aim to be used as a theme park. Or any other purpose in the same building under the control of the building. It is therefore necessary to enact this Act. Law of own land in open business
Thai Companies as a vehicle to own land for a foreigner is not allowed under Thai law Thai law allows land ownership by a partly foreign owned Thai company as long as the foreign shareholding does not exceed 49% of the shares and the majority of the shareholders are of Thai nationality (section 97 land code act). It is not allowed for foreigners to use nominee Thai shareholders to create a majority Thai owned company for the purpose of land ownership. The use of nominee shareholders to circumvent the Thailand Land Code Act or Foreign Business Act is illegal and any foreigner setting up a company with nominee shareholders is violating foreign ownership restrictions and creates an unlawful foreign ownership, irrespective the number of shares he owns in the company. Up to the May 2006 Land Office guidelines aimed at preventing the use of Thai nominee shareholders by foreigners, it was common practice for foreigners to purchase land or condominium beyond the foreign ownership quota in a nominee structured majority Thai owned foreign controlled Thai limited company. As long as the company had a majority Thai shareholdings there were no practical restrictions when purchasing a property and the partly foreign owned company was treated as any other Thai company. Currently the government has issued new regulation preventing circumvention of the law by foreigners through Thai companies and currently this structure is only possible by circumventing the law and regulations
77
5.3 Logistic Management Nothing guarantees success but experience suggests that the chances of developing a successful theme park are greatly enhanced if it is effectively managed. In fact, park without professional management normally achieve poor results. A theme park’s corporate strategy and, therefore, its management are directly conditioned by the need to ensure the necessary financial resources to devote to achieving the financial results established by the shareholders or, in the case of public or volunteer-run parks, to balancing out the accounted entries. On the other hand, efficient management technological developments, the evolution of the economy or changing consumer taste or behavior. As stated by Swarbroke (2002), the aim of a privately owned theme park is generally to generate profit. According to Swardrooke (2002), some of the most common are: -
Payroll cost per revenue generated.
-
Income per profit centre per staff involved.
-
Net operating expenditure per number of visitors.
-
Admission income per total operating costs.
-
Visitors spend per head.
-
Income per operating expenditure (recovery rate).
The organization
The customer
Maximizing throughput and opportunities Minimizing delays, crowding and queuing for visitor spending Safety of visitor and staff
Safety of visitors
Minimizing operating costs (labor, energy,
Maximizing
and so on)
optimizing visitors enjoyment
Looking after the needs of those groups
Treating every visitors as if they are unique
who are described as visitors with special and special needs such disabled.
quality
of
service
and
78
Ensuring quality standards are as high as Optimizing quality regardless of costs possible within resource constraint
Problems solved quickly and as cheaply No problem occurring in the first place but, possible
if they do, being solved quickly without regard to the cost to the organization
Compliance with the law Operation management from the viewpoint of the organization and customers (Swarbrooke, 2002). Logistic are of fundamental important in the development of process in theme park. As in other service enterprises, in theme parks the moments of production, distribution and consumption overlap each other. The result is that in fact, in theme park, momentary excess demand cannot be dealt with by increasing the capacity of an attraction or a show. The following section deals first with the differential aspects of parks as regards the operations of a park’s productive components. Secondly, the design of the operation that satisfies the specific needs of the procurement and distribution of the goods and services of a park are dealt with. Thirdly, it looks at logistical aspects associated with the maintenance of the facilities. Finally, this section looks at questions that are specifically linked to safety and security as a guideline for a theme park’s operations logistics. This following is the example of production, and procurement and distribution. (A) Production The production of unique experiences by means of attractions at a theme park is based on an operations program whose recurrent principles are the following: safety, integrity, control and quality. Given their ludic nature and the confidence they arouse among their visitors, safety is the highest priority in the process of the operation of attractions at a theme park. As the IAAPA would insist, aside from the differences between parks and management styles, in the theme park industry the guideline is “the safe way is the right way”. Integrity is linked to the challenge facing theme parks to make available to their visitor the best products and services every day and to provide, consequently, the best possible experiences also every day. Control is the intern al procedure that links the different departments of the park and allows them to work together. Quality is a process that is conditioned not just by the
79
characteristics of the facility but fundamentally by the standard operational procedures that are really effective in park. The shows are an activity of an exceptional nature in the theme parks as a result of their singularity as a service but also in respect of other conventional spectacles, due to their iteration and continuity in time and in their capacity as fundamental elements from the viewpoint of a park’s capacity to attract and its efficiency productivity. It is an activity in which the production stage should be distinguished from the operation stage. From the logistic point of view, aspects must be taken into account such as the stenography and furnishing, the special effects and pyrotechnics, image and sound, the wardrobe and the characters. In theme parks, catering is a large-scale, heterogeneous, complex production process. As we have seen, parks, within their supply, tend to include as many catering option as possible. The result obtained from an economic standpoint are linked to the established purchasing policy, personnel costs, the size and type of services, the availability of suppliers and the flexibility of the overall system. Similarly, though the rendering of the service presents significant different, in a theme park’s shop operation logistics, the purchasing policy is greatly influential. It should be borne in mind that many parks go straight to the producers, eliminating intermediaries, due to reasons linked to the type of product and price. Likewise, there are huge differences between products according to the timing of their purchasing cycle. Thus, products with an annual purchasing cycle due to the distance from the supplier and supply periods may present problems in determining stock levels.
(B) Procurement and distribution The production process in a theme park first requires performing all activities necessary in order to provide each work until with the productive factors required for the fulfillment of its functions. For this reason it is important to minimize all operations in the productive process that do not add value to the product. The first step in the process is to obtain the necessary productive factors, which is why the production process is highly dependent on the park procurement policy, especially as regards suppliers’ flexibility, agility, accessibility and capacity to respond. Secondly, to keep a suitable production rhythm, it is important to establish a system of storage, transport and handling that will allow each work
80
until to have the necessary productive factors available to them. A park’s production capacity is directly linked, therefore, with a theme park’s layout. A theme park must negotiate with suppliers and take decision as to the purchase of goods and services concerning such diverse items as bin bags, ice-cream, T-shirts, attractions and shows. Purchasing processes are crucial from the point of view of operation of theme park. Bad procurement logistic could lead to tension between departments, excessive prices, the absence of supplier guarantees and dissatisfaction among visitors. Procurement consists of establishing the needs of productive factors, determining the amount to buy, analysis alternatives for acquisition, choosing the most appropriate and negotiating delivery dates, guarantees, end prices, purchasing the factors, properly storing them if necessary and supplying them at the right time to the right place. Moreover, it is understood that procurement plays an important role in managing the quality of the parks. It is therefore basic to establish systems that facilitate the purchase of any goods or service necessary in the park, specifying the stages involved in the process and the people responsible for them. The following stages are common: the identification of the suppliers of the goods or service, the establishment of selection criteria with regard to the supplier and the product or service, a request for provisioning, the formalization of the contract and the delivery of the goods or service. If it is a material product, its storage and/or distribution will have to be considered. Park’s purchasing policies are increasingly tending towards establishing cooperation systems or even partnership with their most critical suppliers of services that are rendered to the end consumer. Cooperation means collaborating with supplier in specific in specific fields and over limited periods of time, with a price negotiation process that may be defined as being objective. A partnership means the joint construction with the supplier of some aspect of the product which the visitor to the park will eventually consume with transparency of costs. In fact, numerous parks have partner companies that supply them with a whole variety of products and services. The distribution of goods and service inside the park often demands decentralized logistic organization so as to be attend to the needs of their end customers, their visitors. The seasonality of the activity, the big different between peak and trough times and the different magnitudes of frequentation inside a park itself pose great difficulties in opportunities in optimally scaling distribution systems. However, this does not mean that flexible logistic organization and specific agreements with suppliers must be available. A good layout of the storage system and service facilities of park a s well as adequate planning of the route to keep
81
them to a minimum and the optimization of transport system are, from this standpoint, a fundamental instrument of competitiveness.
5.4 Facility Management “The point is that there are new standards, new standards of beauty and style and taste. The new sensibility is defiantly pluralistic; it is dedicated both to an excruciating seriousness and to fun and wit and nostalgia” (Susan Sontag, 1961) Impressions in the style of those of this first paragraph directly derive from the materialization of a specific design proposal elaborated by narrators and copywriters and materialized by technicians from a whole range of disciplines. The example highlights the fact that, beyond the development of the necessary infrastructures for its running, the design of the park involves technical considerations as regards its form, size and capacity. After all, according to Hsu (1997), a theme park is a processor of people containing attractions and shows designed on the basic of narrations whose aim is none other than to keep the interest of families and visitors throughout a whole day so that they will consume drinks, food and commercial articles. According to this definition, the relevance of the design, from the strategic point of view, is fundamental for the success of the park. The establishment of theme park necessities therefore, in addition to the definition of its own argument elements, that is to say, the determination of some specific criteria of positioning and teeming, the design of a facility that takes into account matters concerning its physical construction, questions regarding its capacity and issues to do with circulation and flow management, both at the access to the park and along its internal routes. These three aspects are dealt with below. The design of a park must respond, in short, to the uses offered by the space both to its visitors and managers and to the needs that arise from this encounter between visitors and managers in term of route, representation, and organization. (A) The form (B) Size and Capacity (C) Components
82
Chapter 6 Administration analysis
83
6. Administration Analysis 6.1 Employees Salary
No.
Position
Amount of persons
Salary/Mouth
Total salary/Mouth
1
General Manager
1
20,000 THB
20,000 THB
2
Sale&Marketing Manager
1
15,000 THB
15,000 THB
3
Advertising Manager
1
15,000 THB
15,000 THB
4
Special Technical Manager
1
15,000 THB
15,000 THB
5
Accounting Manager
1
15,000 THB
15,000 THB
6
Human Resource Manager
1
15,000 THB
15,000 THB
7
Guest Attendant
2
9,000 THB
18,000 THB
8
Security Guard
2
7,500 THB
15,000 THB
9
Play-Thing Guard
7
8,000 THB
56,000 THB
10
Food Service
3
7,500 THB
22,500 THB
11
Park Service
3
8,000 THB
24,000 THB
12
Ride Operator
7
8,000 THB
56,000 THB
13
Game&Arcades Team
7
8,000 THB
56,000 THB
14
Housekeeper
3
7,500 THB
22,500 THB
15
Gardener
5
7,500 THB
37,500 THB
16
Sale-Tickets
2
7,500 THB
15,000 THB
17
Cashier (Gift shop, Retail Store)
3
8,000 THB
24,000 THB
18
Costume Character (Include, parade show, actor, actress)
25
8,000 THB
200,000 THB
Total
72
189,500 THB
641,500THB
Reference: http://www.sixflagsjobs.com/opportunities.htmland http://www.oeg.co.th/worktravel/ProgramInfo/WAT_Employer.php
84 6.2 All administration Cost Descriptions
Base
Employees salary
641,500
Training expense
36,000*
Jan 641,500
Feb 641,500
Mar 641,500
Apr 641,500
May
Jun
641,500
641,500
Jul
Aug
Sep
Oct
Nov
Dec
641,500
641,500
641,500
641,500
641,500
641,500
7,698,000
-
36,000
Total
36,000
-
-
-
-
-
-
-
-
-
-
Electricity expense
4,476,00 0
3,170,500
7,460,000
7,460,000
7,460,000
4,476,000
3,170,500
3,170,500
4,476,000
7,460,000
3,170,500
4,476,00 60,426,000 0
Water expense
1,320,00 0
900,000
1,500,000
1,500,000
1,500,000
1,320,000
900,000
900,000
1,320,000
1,500,000
900,000
1,320,00 0
14,880,000
Internet&telephone expense
2,200
2,000
2,800
3,500
3,500
2,800
2,000
2,000
2,000
3,500
2,000
2,200
30,500
Fire Insurance
20,000*
20,000
-
-
-
-
-
-
-
-
-
-
-
20,000
Social security insurance expense
70,000*
70,000
-
-
-
-
-
-
-
-
-
-
-
70,000
4,714,000
6,439,500
Total
767,500
6,565,700
4,714,000
9,604,300
9,605,000
9,605,000
6,440,300
4,714,000
500/person (have 72 employees)
20,000THB/Year
70,000 THB/Year
Electricity expense 3.73 baht per unit
Water expense 15 baht per unit (1 unit equal to 1,000 litter)Reference:http://www.pea.co.th/rates/Rate2006.pdf
9,605,000
4,714,000 6,439,700
83,160,500
85
Chapter 7 Financial Analysis
86
7.1 Income statement Statement of Income The Fame Co.,Ltd For The Year End December
2013
2014
2015
2016
2017
189,592,000
200,440,000
212,130,000
253,310,000
284,772,000
83,561,460
83,561,460
83,561,460
83,561,460
83,561,460
106,030,540
116,878,540
128,568,540
169,748,540
201,210,540
236,754,456
236,754,456
236,754,456
236,754,456
236,754,456
-130,723,916
-119,875,916
-108,185,916
-67,005,916
-35,543,916
1,200,000
1,080,000
960,000
840,000
720,000
EBT
-131,923,916
-120,955,916
-109,145,916
-67,845,916
-36,263,916
Taxes (30%)
-39577174.8
-36286774.8
-32743774.8
-20353774.8
-10879174.8
Net income
-92,346,741
-84,669,141
-76,402,141
-47,492,141
-25,384,741
Sale other exp EBITDA Depre&Amort EBIT Interest exp
87
7.2 Cash flow
Sale other exp EBITDA Depre&Amort EBIT Interest exp EBT Taxes (30%) Net income
2013 189,592,000 83,561,460 106,030,540 236,754,456 -130,723,916 1,200,000 -131,923,916 -39577174.8 -92,346,741
Statement of Income The Fame Co.,Ltd For The Year End December 2014 2015 200,440,000 212,130,000 83,561,460 83,561,460 116,878,540 128,568,540 236,754,456 236,754,456 -119,875,916 -108,185,916 1,080,000 960,000 -120,955,916 -109,145,916 -36286774.8 -32743774.8
-84,669,141
-76,402,141
2016 253,310,000 83,561,460 169,748,540 236,754,456 -67,005,916 840,000 -67,845,916 -20353774.8 -47,492,141
2017 284,772,000 83,561,460 201,210,540 236,754,456 -35,543,916 720,000 -36,263,916 -10879174.8 -25,384,741
88
7.3 Balance sheet Year 2013
January
February
March
April
May
June
July
August
September
October
November
December
Current asset
cash total sales
1,823,631,506
154,406,707
143,378,518
46,672,905
40,159,505
34,296,782
29,211,099
51,412,623
46,140,627
39,653,918
32,992,759
-211,656,609
1823631506
154406707
143378518
46672905
40159505
34296782
29211099
51412623
46140627
39653918
32992759
-211656609
Fixed asset
land
400,000,000.00
400,000,000.00
400,000,000.00
400,000,000.00
400,000,000.00
400,000,000.00
400,000,000.00
400,000,000.00
400,000,000.00
400,000,000.00
400,000,000.00
400,000,000.00
tools
614,000.00
614,000.00
614,000.00
614,000.00
614,000.00
614,000.00
614,000.00
614,000.00
614,000.00
614,000.00
614,000.00
614,000.00
machine
1,250,698,700.00
1,250,698,700.00
1,250,698,700.00
1,250,698,700.00
1,250,698,700.00
1,250,698,700.00
1,250,698,700.00
1,250,698,700.00
1,250,698,700.00
1,250,698,700.00
1,250,698,700.00
1,250,698,700.00
equipment
73,400.00
73,400.00
73,400.00
73,400.00
73,400.00
73,400.00
73,400.00
73,400.00
73,400.00
73,400.00
73,400.00
73,400.00
building
13,000,000.00
13,000,000.00
13,000,000.00
13,000,000.00
13,000,000.00
13,000,000.00
13,000,000.00
13,000,000.00
13,000,000.00
13,000,000.00
13,000,000.00
13,000,000.00
furniture
575,430.00
575,430.00
575,430.00
575,430.00
575,430.00
575,430.00
575,430.00
575,430.00
575,430.00
575,430.00
575,430.00
575,430.00
less:depreciation
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
net fixed asset
1,657,915,985
1,657,915,985
1,657,915,985
1,657,915,985
1,657,915,985
1,657,915,98 5
1,657,915,985
1,657,915,985
1,657,915,985
1,657,915,985
1,657,915,985
1,657,915,985
total asset
3,481,547,491
1,812,322,692
1,801,294,503
1,704,588,890
1,698,075,490
1,692,212,767
1,687,127,084
1,709,328,608
1,704,056,612
1,697,569,903
1,690,908,744
1,446,259,376
Liability equity Increase in notes payable
35,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
5,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
Increase long-term debt
25,000,000
23,000,000
22,000,000
21,000,000
19,000,000
18,000,000
16,700,000
15,400,000
14,100,000
12,800,000
11,500,000
10,200,000
retained earning
3,491,547,491
1,819,322,692
1,804,294,503
1,703,588,890
1,694,075,490
1,684,212,767
1,675,427,084
1,723,928,608
1,714,956,612
1,704,769,903
1,694,408,744
1,446,059,376
total L/E
3,551,547,491
1,872,322,692
1,851,294,503
1,744,588,890
1,728,075,490
1,712,212,767
1,697,127,084
1,769,328,608
1,754,056,612
1,737,569,903
1,720,908,744
1,466,259,376
89 Year 2014
January
February
March
April
May
June
July
August
September
October
November
December
Current asset cash
1825681506
101109707
145548518
48822905
42339505
36466782
31581099
54272623
49000627
41653918
35402759
-203673609
total sales
1825681506
101109707
145548518
48822905
42339505
36466782
31581099
54272623
49000627
41653918
35402759
-203673609
Fixed asset land
400,000,000.00
400,000,000.00
400,000,000.00
400,000,000.00
400,000,000.00
400,000,000.00
400,000,000.00
400,000,000.00
400,000,000.00
tools
614,000.00
614,000.00
614,000.00
614,000.00
614,000.00
614,000.00
614,000.00
614,000.00
614,000.00
machine
1,250,698,700.00
1,250,698,700.00
1,250,698,700.00
1,250,698,700.00
1,250,698,700.00
1,250,698,700.00
equipment
73,400.00
73,400.00
73,400.00
73,400.00
73,400.00
73,400.00
1,250,698,700.00 73,400.00
1,250,698,700.00 73,400.00
1,250,698,700.00 73,400.00
400,000,000.00 614,000.00 1,250,698,700.00 73,400.00
building
13,000,000.00
13,000,000.00
13,000,000.00
13,000,000.00
13,000,000.00
13,000,000.00
13,000,000.00
13,000,000.00
13,000,000.00
13,000,000.00
furniture
575,430.00
575,430.00
575,430.00
575,430.00
575,430.00
575,430.00
575,430.00
575,430.00
575,430.00
575,430.00
less:depreciation
7,045,545
7,045,545
400,000,000.00 614,000.00 1,250,698,700.00 73,400.00 13,000,000.00 575,430.00 7,045,545
400,000,000.00 614,000.00 1,250,698,700.00 73,400.00 13,000,000.00 575,430.00
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
net fixed asset
1,657,915,985
1,657,915,985
1,657,915,985
1,657,915,985
1,657,915,985
1,657,915,985
1,657,915,985
1,657,915,985
1,657,915,985
1,657,915,985
1,657,915,985
1,657,915,985
7,045,545
total asset
3,483,597,491
1,759,025,692
1,803,464,503
1,706,738,890
1,700,255,490
1,694,382,767
1,689,497,084
1,712,188,608
1,706,916,612
1,699,569,903
1,693,318,744
1,454,242,376
Liability equity Increase in notes payable
35,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
5,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
Increase long-term debt
25,000,000
23,000,000
22,000,000
21,000,000
19,000,000
18,000,000
16,700,000
15,400,000
14,100,000
12,800,000
11,500,000
10,200,000
retained earning
3,423,597,491
1,706,025,692
1,756,464,503
1,665,738,890
1,666,255,490
1,666,382,767
1,667,797,084
1,666,788,608
1,667,816,612
1,666,769,903
1,666,818,744
1,434,042,376
total L/E
3,483,597,491
1,759,025,692
1,803,464,503
1,706,738,890
1,700,255,490
1,694,382,767
1,689,497,084
1,712,188,608
1,706,916,612
1,699,569,903
1,693,318,744
1,454,242,376
90
Year 2015
January
February
March
April
May
June
July
August
September
October
November
December
Current asset cash
1828831506
160056707
149388518
52672905
46109505
40466782
35331099
57842623
52410627
45983918
39792759
-192560609
total sales
1828831506
160056707
149388518
52672905
46109505
40466782
35331099
57842623
52410627
45983918
39792759
-192560609
Fixed asset land
400,000,000.00
400,000,000.00
400,000,000.00
400,000,000.00
400,000,000.00
400,000,000.00
400,000,000.00
400,000,000.00
400,000,000.00
tools
614,000.00
614,000.00
614,000.00
614,000.00
614,000.00
614,000.00
614,000.00
614,000.00
614,000.00
machine
1,250,698,700.00
1,250,698,700.00
1,250,698,700.00
1,250,698,700.00
1,250,698,700.00
1,250,698,700.00
equipment
73,400.00
73,400.00
73,400.00
73,400.00
73,400.00
73,400.00
1,250,698,700.00 73,400.00
1,250,698,700.00 73,400.00
1,250,698,700.00 73,400.00
400,000,000.00 614,000.00 1,250,698,700.00 73,400.00
building
13,000,000.00
13,000,000.00
13,000,000.00
13,000,000.00
13,000,000.00
13,000,000.00
13,000,000.00
13,000,000.00
13,000,000.00
13,000,000.00
furniture
575,430.00
575,430.00
575,430.00
575,430.00
575,430.00
575,430.00
575,430.00
575,430.00
575,430.00
575,430.00
less:depreciation
13,000,000.00 575,430.00
13,000,000.00 575,430.00
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
1,657,915,985
1,657,915,985
1,657,915,985
1,657,915,985
1,657,915,985
1,657,915,985
1,657,915,985
1,657,915,985
1,657,915,985
1,657,915,985
1,657,915,985
total asset
3,486,747,491
1,817,972,692
1,807,304,503
1,710,588,890
1,704,025,490
1,698,382,767
1,693,247,084
1,715,758,608
1,710,326,612
1,703,899,903
1,697,708,744
1,465,355,376
35,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
5,000,000 16,700,000
30,000,000 15,400,000
25,000,000
20,000,000
7,045,545
1,250,698,700.00 73,400.00
1,657,915,985
Increase long-term debt
7,045,545
1,250,698,700.00 73,400.00
400,000,000.00 614,000.00
net fixed asset
Liability equity Increase in notes payable
7,045,545
400,000,000.00 614,000.00
15,000,000
7,045,545
10,000,000
25,000,000
23,000,000
22,000,000
21,000,000
19,000,000
18,000,000
14,100,000
12,800,000
11,500,000
10,200,000
retained earning
3,426,747,491
1,764,972,692
1,760,304,503
1,669,588,890
1,670,025,490
1,670,382,767
1,671,547,084
1,670,358,608
1,671,226,612
1,671,099,903
1,671,208,744
1,445,155,376
total L/E
3,486,747,491
1,817,972,692
1,807,304,503
1,710,588,890
1,704,025,490
1,698,382,767
1,693,247,084
1,715,758,608
1,710,326,612
1,703,899,903
1,697,708,744
1,465,355,376
91 Year 2016
January
February
March
April
May
June
July
August
September
October
November
December
Current asset cash
1,833,561,506
164,806,707
153,818,518
57,922,905
51,459,505
45,836,782
40,711,099
63,442,623
57,700,627
50,483,918
44,152,759
-186,727,609
total sales
1,833,561,506
164,806,707
153,818,518
57,922,905
51,459,505
45,836,782
40,711,099
63,442,623
57,700,627
50,483,918
44,152,759
-186,727,609
Fixed asset land
400,000,000.00
400,000,000.00
400,000,000.00
400,000,000.00
400,000,000.00
400,000,000.00
400,000,000.00
400,000,000.00
400,000,000.00
tools
614,000.00
614,000.00
614,000.00
614,000.00
614,000.00
614,000.00
614,000.00
614,000.00
614,000.00
machine
1,250,698,700.00
1,250,698,700.00
1,250,698,700.00
1,250,698,700.00
1,250,698,700.00
1,250,698,700.00
equipment
73,400.00
73,400.00
73,400.00
73,400.00
73,400.00
73,400.00
1,250,698,700.00 73,400.00
1,250,698,700.00 73,400.00
1,250,698,700.00 73,400.00
400,000,000.00 614,000.00 1,250,698,700.00 73,400.00
building
13,000,000.00
13,000,000.00
13,000,000.00
13,000,000.00
13,000,000.00
13,000,000.00
13,000,000.00
13,000,000.00
13,000,000.00
13,000,000.00
furniture
575,430.00
575,430.00
575,430.00
575,430.00
575,430.00
575,430.00
575,430.00
575,430.00
575,430.00
575,430.00
less:depreciation
7,045,545
7,045,545
400,000,000.00 614,000.00 1,250,698,700.00 73,400.00 13,000,000.00 575,430.00 7,045,545
400,000,000.00 614,000.00 1,250,698,700.00 73,400.00 13,000,000.00 575,430.00
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
net fixed asset
1,657,915,985
1,657,915,985
1,657,915,985
1,657,915,985
1,657,915,985
1,657,915,985
1,657,915,985
1,657,915,985
1,657,915,985
1,657,915,985
1,657,915,985
1,657,915,985
total asset
3,491,477,491
1,822,722,692
1,811,734,503
1,715,838,890
1,709,375,490
1,703,752,767
1,698,627,084
1,721,358,608
1,715,616,612
1,708,399,903
1,702,068,744
1,471,188,376
7,045,545
Liability equity Increase in notes payable
35000000
30000000
25000000
20000000
15000000
10000000
5000000
30000000
25000000
20000000
15000000
10000000
Increase long-term debt
25000000
23000000
22000000
21000000
19000000
18000000
16700000
15400000
14100000
12800000
11500000
10200000
3,431,477,491
1,769,722,692
1,764,734,503
1,674,838,890
1,675,375,490
1,675,752,767
1,676,927,084
1,675,958,608
1,676,516,612
1,675,599,903
1,675,568,744
1,450,988,376
3491477491
1822722692
1811734503
1715838890
1709375490
1703752767
1698627084
1721358608
1715616612
1708399903
1702068744
1471188376
retained earning total L/E
92
Year 2017
January
February
March
April
May
June
July
August
September
October
November
December
Current asset cash
1,838,781,506
169,756,707
159,268,518
62,902,905
56,509,505
50,866,782
45,581,099
68,042,623
62,490,627
54,953,918
48,714,759
-173,944,609
total sales
1,838,781,506
169,756,707
159,268,518
62,902,905
56,509,505
50,866,782
45,581,099
68,042,623
62,490,627
54,953,918
48,714,759
-173,944,609
Fixed asset land
400,000,000.00
400,000,000.00
400,000,000.00
400,000,000.00
400,000,000.00
400,000,000.00
400,000,000.00
400,000,000.00
400,000,000.00
tools
614,000.00
614,000.00
614,000.00
614,000.00
614,000.00
614,000.00
614,000.00
614,000.00
614,000.00
machine
1,250,698,700.00
1,250,698,700.00
1,250,698,700.00
1,250,698,700.00
1,250,698,700.00
1,250,698,700.00
equipment
73,400.00
73,400.00
73,400.00
73,400.00
73,400.00
73,400.00
1,250,698,700.00 73,400.00
1,250,698,700.00 73,400.00
1,250,698,700.00 73,400.00
400,000,000.00 614,000.00 1,250,698,700.00 73,400.00
building
13,000,000.00
13,000,000.00
13,000,000.00
13,000,000.00
13,000,000.00
13,000,000.00
13,000,000.00
13,000,000.00
13,000,000.00
13,000,000.00
furniture
575,430.00
575,430.00
575,430.00
575,430.00
575,430.00
575,430.00
575,430.00
575,430.00
575,430.00
575,430.00
less:depreciation
13,000,000.00 575,430.00
13,000,000.00 575,430.00
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
1,657,915,985
1,657,915,985
1,657,915,985
1,657,915,985
1,657,915,985
1,657,915,985
1,657,915,985
1,657,915,985
1,657,915,985
1,657,915,985
1,657,915,985
total asset
3,496,697,491
1,827,672,692
1,817,184,503
1,720,818,890
1,714,425,490
1,708,782,767
1,703,497,084
1,725,958,608
1,720,406,612
1,712,869,903
1,706,630,744
1,483,971,376
35,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
5,000,000 16,700,000
30,000,000 15,400,000
25,000,000
20,000,000
7,045,545
1,250,698,700.00 73,400.00
1,657,915,985
Increase long-term debt
7,045,545
1,250,698,700.00 73,400.00
400,000,000.00 614,000.00
net fixed asset
Liability equity Increase in notes payable
7,045,545
400,000,000.00 614,000.00
15,000,000
7,045,545
10,000,000
25,000,000
23,000,000
22,000,000
21,000,000
19,000,000
18,000,000
14,100,000
12,800,000
11,500,000
10,200,000
retained earning
3,436,697,491
1,774,672,692
1,770,184,503
1,679,818,890
1,680,425,490
1,680,782,767
1,681,797,084
1,680,558,608
1,681,306,612
1,680,069,903
1,680,130,744
1,463,771,376
total L/E
3,496,697,491
1,827,672,692
1,817,184,503
1,720,818,890
1,714,425,490
1,708,782,767
1,703,497,084
1,725,958,608
1,720,406,612
1,712,869,903
1,706,630,744
1,483,971,376
93
Chapter 8 Risk Management
94
Risk management is a structured approach to managing uncertainty related to a
threat, through a sequence of human activities including: risk assessment, strategies development to manage it, and mitigation of risk using managerial resources. The strategies include transferring the risk to another party, avoiding the risk, reducing the negative effect of the risk, and accepting some or all of the consequences of a particular risk. Some traditional risk managements are focused on risks stemming from physical or legal causes (e.g. natural disasters or fires, accidents, death and lawsuits). Financial risk management, on the other hand, focuses on risks that can be managed using traded financial instruments. The objective of risk management is to reduce different risks related to a preselected domain to the level accepted by society. It may refer to numerous types of threats caused by environment, technology, humans, organizations and politics. On the other hand it involves all means available for humans, or in particular, for a risk management entity (person, staff, organization). 8.1 Identifying a list of potential risks
Even if your event has been held before, it is important to review and update your risk management plan. The first step is to outline the type of event. Different event elements will lead to different risks. Some events have many purposes and require more detailed risk management plans. Identify the event stakeholders impacted by your event. (New Zealand Handbook – Guidelines for Risk Management in Sport and Recreation, 2010) Potential stakeholders include participants, spectators, general public, local community, sponsors, local authorities, venue/facility owner, and Government. Running a business can be a dangerous occupation with many different types of risk. Some of these potential hazards can destroy a business, while others can cause serious damage that can be costly and time consuming to repair. Despite the risks implicit in doing business, CEOs and/or risk management officers – no matter the size of the business, from small to corporate giant - can prepare for them if they know what they are. If and when risk becomes reality, a well-prepared business can moderate the risk's impact. Dollar losses, lost time and productivity and the negative impact on customers can all be minimized. (Davis, 2009)
95
Physical Risks:
Building and rides risks are the most common type of physical risk
Safety risk is always the top priority of theme park. Without a safe environment, visitors can never enjoy the experience and staff can never be satisfied with their workplace. Therefore, preventive measures such as regular inspections are a major part of the operations to reduce accidents and injuries.
Location Risks: Among the hazards facing the location of a business are nearby fires, storm
damage, earthquake and other natural disasters. In case of our business earthquake is the new risk that we should concern.
Human Risks: Alcoholism and drug abuse are major risks to personnel in the work force. Against embezzlement, theft and fraud.
Inappropriate Leadership
Sickness among the work force is inevitable and is always a problem.
Technology Risks
Power outage is perhaps the most common of technology risks..
Telephone and telecommunications failure
Power source equipment – e.g. pumps, motors
Electrical equipment – e.g. switches, control rooms
Warning and signaling devices
96
External and internal factors that affecting a business environment There are internal factors that affect a business, these are: a. Stability: The risk of stability factor is ignore to employee . Employee Development is a
joint, on-going effort on the part of an employee and the organisation to upgrade the employee's knowledge, skills, and abilities also crucial for the growth and prosperity of any business as employees are one of the most important factors related to the success of the company. Over a period of time we have discovered that employees like to learn new skills and take up challenges and they are more motivated when they feel there is great potential for personal growth. (Mahajan.V, 2013) b. Aggressiveness: Aggressive behavior can be damaging and painful if left untreated.
Although anger is a normal and healthy emotion, uncontrolled anger and aggression can destroy relationships, cause problems at work and at home, and can lead to lethal or risky behavior in adults and children. If your tendency toward aggression or violence affects your daily life, it may be time to seek treatment. (Hughes.C, 2013) c. Team – People Orientation: The risk of Team – people orientation is lack of teamwork.
Businesses that stress a spirit of teamwork and collaboration can capitalize on the individual strengths of their employees. When effective teams are in place, the collective product is greater than the sum of the individual effort. There are a number of tactics that can foster a team orientation, from team building and diversity workshops to retreats, merit systems that identify and recognize team-oriented behavior and processes that facilitate project teams. (Eigen.D, 2013)
Team player
Individual
Diversity Training
Team - building workshop
Team projects
97
d) Innovation and Risk Taking: The problem with innovation is you don’t know the
outcome until you try something. Your results will fall somewhere between total failure and complete success. (Mair.D, 2013).
There are external factors that affect a business, these are: 1. Physical-natural factors
A business' day-to-day operations can pose an ongoing threat to the natural environment.( Jeanty.J, 2013) 2.
Social-cultural factors
Social factors can affect a business as tastes and likes can change. For example, if a business that sells a lot of junk and unhealthy food and the nation is becoming more health conscious then the business will generate less revenue. (Wiki Answer, 2013) 3. Technological factors
There are many factors to consider when pricing an item. Ultimately, however, the price will depend on the product, market and the competition. Setting the wrong price for a product can adversely affect your business and result in unsold inventory. Technology plays a critical role in everything from manufacturing to the sale of the final product, and you should, therefore, weigh technological factors when pricing a product. (Bass.B, 2013)
Product Information Online
Once you have a product ready for market, you must make decisions about the type of product-related information to make available to the public. For example, the Internet can provide information about a product 24 hours a day seven days a week. Both customers and competitors can use this information to evaluate your product and pricing strategy. You can also use information available on the Internet about competitors’ products to properly price the new product. (Bass.B, 2013)
Online Retailers
If you want to sell merchandise online, you will have to consider global competition. Unless you have an established company, introducing a new product online poses several challenges. As an online retailer, aim to develop a technologically advanced system for warehousing, order processing and shipping. Additionally, high online price competition might require you to offer a product at cost or slightly above cost to remain competitive.
98
These considerations will greatly affect how you price products for your business. (Bass.B, 2013)
Manufacturing
Technology also plays an important role in manufacturing, and this role also impacts the pricing of the product. Technology can improve the manufacturing process, inventory control and automation. By considering the savings and costs of these technological advances, you can determine an appropriate price for the product based on the actual manufactured cost. (Bass.B, 2013)
Pricing
The price you establish for a product can also affect the demand for the product. Therefore, set prices only after careful analysis. How you price the product will also determine how your business markets the product and to whom you should market the product to. You can use advanced technologies such as computerized pricing models to help your business gauge the demand of a product and set the optimum sale price. (Bass.B, 2013)
4. Economic factors
A nation's economy can be highly volatile and is often a function of a variety of factors. In a strong economy, unemployment is low and consumers enjoy increased spending power. In a struggling economy, more people are out of work and consumer confidence dwindles. As confidence decreases, less money goes back into the economy, causing businesses to become less profitable and jobs to disappear. (Joseph.C, 2013)
Supply and Demand
Supply and demand impacts a nation's Gross Domestic Product (GDP), which is the combined dollar value of all goods ans services produced by a country in a given year. The higher the demand for goods and services, the greater the need for workers to produce them, leading to economic growth. (Joseph.C, 2013)
Interest Rates
Fluctuation in interest rates can have an impact on consumer purchasing. According to the Federal Reserve Bank of San Francisco, when interest rates are high, consumers may be less inclined to borrow money to buy a new home or car. People who have adjustable-rate home mortgages can face financial hardship or even lose their homes when interest rates
99
spike. Retirees who live largely off investment income may need to lower their standard of living when interest rates decline. (Joseph.C, 2013)
Inflation
Higher inflation is typically accompanied by higher prices, so consumers may be less willing to buy non-essential or luxury items. If wages don't rise at the same rate of inflation, people actually lose money. When inflation rises, the value of the dollar decreases, so consumer buying power drops accordingly. The changing of national monetary policy, such as adjusting the prime interest rate or putting more money into circulation can influence inflation, but the Federal Reserve Bank of San Francisco reports that such changes can take one to three years to have a major impact. (Joseph.C, 2013)
Unemployment
The rate of unemployment can have a major effect on the economy. The more people who are out of work the less money that is circulated into the economy through the purchase of goods and services. Even the threat of unemployment has an impact, as workers who fear losing their jobs are less inclined to spend or invest their money. According to WealthEnhancer.com, unemployment increases near the end of an economic downturn, since companies typically try to avoid lying off workers off until it becomes necessary. (Joseph.C, 2013)
Foreign Exchange Rate
A nation's foreign exchange rate is the value of its currency in the international market. In the United States, when the value of the dollar is high in relation to other countries' currencies, the more goods and services we are able to import. In contrast, a higher value of the dollar means that other nations may be less inclined to import products from the United States. According to the Economics Web Institute, factors such as a rising trade surplus can increase the demands for a country's currency by foreigners, thus strengthening the currency. (Joseph.C, 2013)
100
5. Political-legal factors
The first distinction that must be made is between firm-specific political risks and country-specific political risks. Firm-specific political risks are risks directed at a particular company and are, by nature, discriminatory. For instance, the risk that a government will nullify its contract with a given firm or that a terrorist group will target the firm's physical operations are firm-specific. By contrast, country-specific political risks are not directed at a firm, but are countrywide, and may affect firm performance. Examples include a government's decision to forbid currency transfers or the outbreak of a civil war within the host country. (Wagner, 2013) There is a second distinction to be made between types of political risk: government risks and instability risks. Government risks are those that arise from the actions of a governmental authority, whether that authority is used legally or not. A legitimately enacted tax hike or an extortion ring that is allowed to operate and is led by a local police chief may both be considered government risks. Indeed, many government risks, particularly those that are firm-specific, contain an ambiguous mixture of legal and illegal elements. Instability risks, on the other hand, arise from political power struggles. These conflicts could be between members of a government fighting over succession, or mass riots in response to deteriorating social conditions. (Wagner, 2013) 6. Competitive factor Competitive factors in the service could limit our growth opportunities and reduce our profitability. (Family Dollar Stores, 2013)
8.2 Managing risk
Insurance is a principle safeguard in managing risk, and many risks are insurable. Fire insurance is a necessity for any business that occupies a physical space, whether owned outright or rented, and should be a top priority. Some risks are inarguably high priority, such as the risk of fraud or embezzlement if employees handle money or perform accounting duties in accounts payable and receivable. Specialized insurance companies will underwrite a cash bond to provide financial coverage in the event of embezzlement, theft or fraud.
101
When insuring against potential risks, never assume a best-case scenario. Even if employees have worked for years with no problems and their service has been exemplary, insurance against employee error may be a necessity. The extent of insurance coverage against injury will depend on the nature of your business. A heavy manufacturing plant will, of course, require more extensive coverage for employees. If a business relies heavily on computerized data – customer lists and accounting data, for example – exterior back up and insurance coverage are mandatory. Finally, hiring a risk management consultant may be a prudent step in the prevention and management of risks.
8.2 Physical Risks
Building risks and rides are the most common type of physical risk. Fire or explosions are the most common risk to a building. The risk to employees and customer to managing this risk it's important to do the following: Fire hazard: Danger to visitors and employees in the vicinity of the fire.
Make sure all employees know the exact street address of the building to give the 191 operator in case of emergency.
Ensure that all employee and customer know the location of all exits.
Install fire alarms and smoke detectors.
A sprinkler system will provide additional protection to the physical plant, equipment, documents and, of course, personnel.(this tool install in office, cinema, and food park)
Inform all employees that in the event of emergency their personal safety takes priority over everything else. Tell them to leave the building and abandon all workassociated documents, equipment and or products.
Electrical hazards: Burns and possible fatalities to visitors and employees.
Preventive Maintenance before open theme park daily
Predictive Maintenance for more safety
All electrical sockets placed out of visitors reaches or covered for safety.
Remark: According to Siam park city (2011), Preventive maintenance is the mechanism inspection and performance of rides by our maintenances team it consists of engineers and technicians with expertise every morning before opening. Follow the standard that our theme was set if anything unusual the maintenance will already fixed it before opening. And
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Predictive Maintenance is the maintenance systems that use various measurement tools to help predicting the probability of the unusual situation occurrence. This is because different parts of the system are used differently depending on environment and frequency of use. Measurement tools can provide accurate information to the management and responsive maintenance. Operation of rides: Risks of visitors or employees injuring themselves on the various rides
and attractions.
All ride staff to be over 18 years of age.
Trained until deemed fully competent.
Ride staff to control and assist riders.
Rides and play areas inspected daily and by the ADIPS governing body annually.
Slips trips & falls: Potential hazard of injuries to the bodies of visitors or employees.
Continuous maintenance program in place
Daily inspections
Independent inspections annually
Accidents and injuries: Pain and distress caused to visitors or employees.
Management aware of various situations
Employee’s first aid trained first aid
First aid facilities on site
Investigation procedures in place.
Lost children: Upset and distress to children and parents.
All employees are trained and instructed on how to deal with the situation, and who to contact
Staff always monitoring the entrance/exit gate during park opening hours.
CCTV in operation as an extra precaution.
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Car and coach parking:Potential hazard to visitors from impact with moving vehicles
Signage to alert drivers to drive carefully,
5 mph speed limit imposed
Speed humps in place
Segregated coach parking
No cars in designated coach park so far as reasonably practicable
Trained parking attendants on duty during busy periods.
Cleaning: Possible injuries to visitors due to slips and trips, or contact with cleaning agents.
COSHH training for all employees all cleaning duties undertaken in accordance with good housekeeping practices signage and warning cones used.
Remark: COSHH is the Control of Substances Hazardous to Health Location Risks
Worldwide, over the last few decades, a marked increase in more powerful earthquake activity is painfully obvious. Earthquake is not affect to Thailand much. Latest on 2nd December 2012 Chiang Mai has earthquakes only 2.8 liter. According to Office of Public Relations Zone 3 Chiang Mai (2010), report that if intensity from 1.0 to 2.9 will cause a slight flicker. People began to feel the symptoms of vibration and sometimes feel dizzy. So, this problem not affect our much but we still concern. In future this problem may be more affect. We are required to be prepared for the inevitable unexpected upheaval, resultant damage and potential casualties by concern in the structure of our building and ride. We use the material that is able to handle an earthquake. Technology Risks Power failure (day time):Possible panic of visitors.
Rides, all employees trained in the safe evacuation of visitors.
In cinema, we have the Uninterruptible Power Supply to solve this situation but it can stay in short time so, we use this in order not to stampede customer then notify them about the error and staff will take care all of them to the safe place.
Power failure (night time): Possible panic of visitors, risk of slips trips and falls.
All employees trained in the safe evacuation of visitors
Emergency lighting present
Lighting tested and examined at regular intervals.
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Human Risks
Alcoholism and drug abuse are major risks to personnel in the work force. Employees suffering from these conditions should be urged to seek treatment, counseling and rehabilitation if necessary. We are also uncontrollable the customer.
Protecting against embezzlement, theft and fraud may be difficult, but these are crimes which occur frequently in the workplace. A system of double signature requirements for checks and invoice and payables verification can help prevent embezzlement and fraud. Stringent accounting procedures may discover embezzlement or fraud. A thorough background check before hiring personnel can uncover previous offenses in the applicant's past. While this may not necessarily be grounds for declining to hire an applicant, placement for the new hire in a critical position in which money and cash equivalents are used may not be judicious (Davis, 2009).
Customer difficulties (drunk, distressed or illness): Risk of injuries to visitors or
employees from disruptive visitors.
No alcohol to be consumed on the premises
Drunk or disruptive customers asked to leave the park, if necessary by contacting the local police.
First aider’s available to assist with illness or injury.
105 8.3 The steps that you will take to mitigate the risks.
Dealing with Risk Issues (Mitigation) Risk during delivery project
Probability
Impact
Mitigation
Detail
Rate The cost of installing rides turns out to be more than expectation.
Rate We have many rides, which is very high price.
Medium
High
High
Other development cost higher than anticipated.
15% contingency has been allowed in the estimated costs.
Medium
Medium
It could have the impact on the project Choose the rides, which is budget. high quality but low price and confirming the price with manufacturer strictly.
The project has high level of We have the professional flexibility. It would be possible to vary project management team to the nature and extent of the project do this development. while still maintaining the integrity of the whole. It will always be a “work in progress” i.e. one of its features and attractions will be that there is always work taking place on future development.
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The economic situation makes it impossible to realize the developer contribution.
There is a significant funding gap.
Economic conditions are currently abnormally uncertain. Medium
Medium
High
It is not possible to assemble enough rides.
Low
It is impossible to find an operator of the park Low
High
It is possible that the major funders will be able to commit most of the funding requirement leaving perhaps ฿30 million – ฿
Medium
60 million to be found from a range of other sources. It is possible that those funds will not be forthcoming. Most of key rides have already been acquired or the Trust knows of example that can be acquired. There are a number of possible operators and several have already expressed interest informally.
Low
Medium
This would create a major gap in the Build into the agreement of overall funding package. mechanism for capturing the additional contribution in the future when the economic situation improves.
As described above, there is also a backup option of being able to secure a loan against the fixed income that will be generated through lease or management agreement with park operator.
There will be significant flexibility to modify the approach to delivery of the project, especially t o complete it in stages.
There is already enough to create sufficient critical mass.
Atech Group International (Thailand) Co., Ltd. could simply run the park itself, employing managers with requisite skill. However, there would be a higher risk level attached to this.
Atech Group International (Thailand) Co., Ltd.Identified a number of companies that are candidates to operate the park under lease or a management contract.
107 Risk after project completed
Probability
Impact
Mitigation
Detail
Rate The number of visitors is so much less than expected, and/or the proportion of visitors paying to go on rides is lower than expected, impacting on the ability of the project to sustain itself financially.
Rate Accurately predicting visitor numbers for new attractions is notoriously difficult.
Medium
The concept is, however, populist in nature than is commonly the case and the projection are conservative in relation to other theme park.
Medium
Ultimately, it is a mountain location which always popular for visitors during winter, and this theme park is the first theme park in the northern of Thailand. It is not possible to let the restaurant, cinema spaces ,and/or the rentals that are achieved from them are less than expected
Medium
Medium
If space is not let, the Atech will have the options of running food and beverage operations itself or of using the space for alternative purpose such as historic gaming machines
Medium
Medium
The breakeven level given the core operating model outline in the business plan is estimated to be about 25% lower than forecast outturn, but if performance is much worse than predicted, we will have the option to adopt a much lower cost operational model that will treat the attraction more as a public park with heritage objects in it or introduce modern rides alongside a small heritage park.
The financial plan includes a substantial marketing budget in relation to the number of paying visitors. Add more advertising and provide more budgets in marketing expense.
Commercial activities are estimated to The paces envisaged for make a net contribution of about ฿ catering offer is high quality 900,000 to the revenue to the Atech and it is likely attractive to which is a relatively small proportion prospective tenants. There is a of the overall estimated revenue from gap in the market for food and beverage offer quality which the park these space will be well equipped o fill.
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Key cost, such as insurance and utilities, rise substantially as a result of market conditions or some factor at the park.
The operation budget contain substantial contingency and also forecasts a substantial surplus. This should be able to absorb an increase in this cost.
A serious accident take place on one of the rides
Medium
Accidents do occasionally happen at theme parks and they can have signification shortmedium term impact on visitor number
Medium
Impact on theme park reputation and The business plan includes visitors expectation. substantial allowance for staffing and for material and testing. The park will be operated to the highest health & safety practices by operators who have a strong track record.
It is not possible to recruit enough staff to run park efficiently, especially in the peak season.
Low
There is good pool of labor and the seasonal employment opportunities will provide good opportunities for students during their holiday
Medium
Efforts are already being made to locate the key skilled former employees of The Frame Park.
(Source: Dreamland Margate, 2009)
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Summary
This project are chooses Chiang Mai to build it because Chiang Mai has to area that is center of commerce, industry, transport and tourism. The new theme park cans attraction to Thai tourism and foreigner to visit Chiang Mai. Theme park is an important selling point in Chiang Mai and Thailand. To be open the opportunity to people in this area and other people in nearby places that has recreation area to relax in the new theme park style. Another factor, Chiang Mai is the most popular provinces that the tourist selects and that the way chooses to relax from studying and working, enjo y with friends, romantic for sweet heart, source good leaning, Amusing, the best meeting point, this place
make
to
happy,
good
relation
in
family,
broaden
one’s
view.
Product and service in The Theme Park will emphasis is fun that never appears in Thailand. It will be a high quality outdoor public space it will provide a family-friendly day out with a wide variety of entertainment for visitor of all ages. The Fame's uniqueness will be obtained by following an old culture of kingdom of Lanna theme. It will have a sense cultural of Lanna. Including festival activity focuses on Chiang-Mai culture. Our segment is divided in two main group of customer. The first group is the teenager who wants to play an adventure plaything. The second is the kid’s who play our theme park will more revenues during vacation. We are monopoly in Chiang Rai because we are the first amusement park so the proportion of our company in the Chiang Rai market shares nearly to be 100%. In our theme park for product will emphasis about standard of theme park and high quality of equipment. Price our theme park emphasis about special price and discount loyalty. We are emphasis about place in our theme park will big place and convenience itinerary. Promotion has to insurance and special discount in end semester. For marketing expense, it uses more money to invest the theme park that is included property, building, equipment, facilities, recreation, and player. And high more employee that is purchasing department, sales and marketing department, accounting and financing department, staff, security, executive department, manager department, housekeeping and
gardener. From my study of project feasibility study and evaluation that show me many things for the
feasibility because initial investment cost is 5,486,345,530.00 baht that it may be high, but in the long run it will certainly increase high profits, the last month in the fifth years our business will gain profits and successful. This project is very interesting because the theme park is very low competitions in the market so it is not so difficult to entry in the market for our business.
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Appendix History of plaything Roller Coaster
John Miller was a prolific inventor who was granted over 100 patents, and invented many of the safety devices used in today's roller coasters, including the 'Safety Chain Dog' and 'Under Friction Wheels'. Miller designed toboggans before starting work at the Dayton Fun House and Riding Device Manufacturing Company, which later became the National Amusement Device Corporation. Together with partner Norman Bartlett, John Miller invented his first amusement ride (patented on October 14, 1926) called the Flying Turns ride. The Flying Turns was the prototype for the first roller coaster ride, however, it did not have tracks. Miller went on to invent several roller coasters with his new partner Harry Baker. Harry Baker built the famous Cyclone ride at Astroland Park, Coney Island. Ferris Wheel
The first ferris wheel was designed by George W. Ferris, a bridge-builder from Pittsburgh, Pennsylvania. Ferris began his career in the railroad industry and then pursued an interest in bridge building. He understood the growing need for structural steel, Ferris founded G.W.G. Ferris & Co. in Pittsburgh, a firm that tested and inspected metals for railroads and bridge builders. He built the Ferris Wheel for the 1893 World's Fair, which was held in Chicago to commemorate the 400th anniversary of Columbus's landing in America. The Chicago Fair's organizers wanted something that would rival the Eiffel Tower. Gustave Eiffel had built the tower for the Paris World's Fair of 1889, which honored the 100th anniversary of the French Revolution. Finding a suitable design proved difficult: Architect Daniel H. Burnham, who was in charge of selecting the project for the Chicago World's Fair, complained at an engineer's banquet in 1891 about having found nothing that "met the expectations of the people". Among the audience was George Washington Gale Ferris Jr., owner of a firm that tested iron and steel. He had an inspiration and scribbled the design for the Ferris Wheel on a napkin during the dinner. It was considered an engineering wonder: two 140-foot steel towers supported the wheel; they were connected by a 45-foot axle, the largest single piece of forged steel ever made up until that time. The wheel section had a diameter of 250 feet and a circumference of 825 feet. Two 1000-horsepower reversible engines powered the ride. Thirty-six wooden cars held up to sixty riders each. The ride cost fifty cents and made $726,805.50 during the World's Fair. The
111
srcinal Ferris wheel was destroyed in 1906, but there are other ferris wheels at theme parks and carnivals everywhere. Thrill Dragster
Thrill Dragster started around 2000 when Millennium Force opened. Footers started being poured during the winter of 2001-2002 then were covered up during the 2002 operating season. To construct the roller coaster, the park had to use a 480 feet (150 m) crane, only one of four in the United States. Vertical construction started in fall 2002, months before the announcement. By October 2002, the roller coaster had reached 200 feet (61 m). The ride was announced on January 9, 2003 and the structure was finished shortly after. It is tied with Millennium Force for being the two largest investments in Cedar Point history. The announcement revealed the park's goal to build "the tallest and fastest roller coaster on earth", reaching 420 feet (130 m) and accelerating up to 120 miles per hour (193 km/h) in 4 seconds. Cedar Fair Entertainment Company filed a trademark for the name Thrill Dragster.Thrill Dragster's media day was held on May 1, 2003 then it officially opened to the public on May. It became the "tallest" and "fastest" roller coaster in the world overtaking both world records from Steel Dragon 2000 at Nagashima Spa Land that was just built three years earlier. It lost the title of being the world's tallest and fastest roller coaster when Kingda Ka at Six Flags Great Adventure opened in May 2005. Intamin designed both Kingda Ka and Thrill Dragster, and the two share a similar design and layout that differs primarily by the theme and the additional hill featured on Kingda Ka. The ride had constant downtime in its first couple seasons. Several problems such as the ride's hydraulic system and launch cable caused the ride to experience downtime.Thrill Dragster was also closed in 2003 for the annual event, CoasterMania. Fame cinema
It was established in 1999 as Shringar Cinemas Private Ltd.In 2004, upon conversion of Private Limited to a Public Limited Company, the name changed from Shringar Cinemas Private Limited to Shringar Cinemas Limited. In 2008, the name changed from Shringar Cinemas Limited to Fame India Limited.The Company went public in 2005 to raise money from equity market through an initial public offering. This helped opening up multiplexes across India. Today, Fame India Ltd. has 27 properties, 102 screens in 13 cities with presence in states of Maharashtra, Gujarat, Haryana, West Bengal, Jharkhand and Karnataka, with plan to open another 4 screens at Chandigarh and with seating capacity of 986 people.
112
In 1933 Robert Edwards & Sons, showmen of Swindon, acquired the latest thing in fairground roundabouts, an all electric Noah's Ark ride, to travel with their Victorian steam powered galloping horse roundabout. After Pewsey Carnival that year, their old set of gallopers was packed away in their yard where it remained for over half a century. In 1986 the newly formed Fairground Heritage Trust, a non-profit making registered charity, acquired it complete with its 89 key Verbeeck organ, Tidman centre engine and 1917 FWD lorry and packing truck, thanks to the generous help of the National Heritage Memorial Fund, the Science Museum, the Manifold Trust, the Material World Charitable Foundation, and a private benefactor.This famous roundabout was first acquired by the well known Swindon showman, Robert Edwards, in 1916 from Halsteads, roundabout manufacturers and brokers of Sowerby Bridge, Yorkshire for the sum of eighty sovereigns. The previous owner or owners are unknown but it is established that the ride was built by Savages of Kings Lynn, world famous for their Galloping horse roundabouts. In all like likelihood the roundabout was built well before the turn of the century and may have srcinally been made as a 4-abreast machine with 48 mounts. Building together in 12 sections with a diameter of 42 ft it has 36 carved wooden mounts, fixed three-abreast and made up of 24 horses and 12 double-seater cockerels.The steam centre engine, named "Little Beauty", was built by Robert Tidman & Sons of Bishop Bridge Iron Works, Norwich, who towards the end of the last century rivaled Savages in the production of steam roundabouts. Unlike most other British gallopers it was never converted to electricity. Robert Edwards did however fit the ride with electric lighting during the twenties, which accounts for the srcinal legend on the rounding boards: 'R Edwards Electric Galloping Horses ". The iron wheels on the centre truck were later additions, fitted to the truck when one of the wooden wheels broke on the road between fairs. On the road the carved wooden horses and cockerels were packed into the body of the FWD lorry and the twisted brass horse rods wore hung on the outside. The heavy wooden platforms, structural woodwork and carved wooden panels were all carried in the 'Jumbo' packing truck. Both vehicles were extensively rebuilt by Robert Edwards' brother-in-law showman Bill Taylor, together with Robert Edwards' eldest son, Robert. The 'Jumbo' truck was built on what appears to be the substructure of old agricultural vehicles with the axles and wheels comprising a London General Omnibus Company Wolsey back axle of 1911 and a Durham Churchill front axle. The FWD, which has an unusually long wheel base, was purchased from a timber haulage firm in Princes Risborough soon after the First World War and was ideally suited for conversion to showman's use. On the road the Edwards' steam traction engine, 'Kitchener' pulled the 'Jumbo' truck and the roundabout centre truck, while the FWD lorry pulled the much lighter four wheeled organ truck. The srcinal 89 key Marenghi organ was replaced in 1931 with an 89 key organ purchased
113
from the London firm of J Verbeeck & Sons for the sum of £1,000. It was mounted on the same organ truck and stood in the centre of the roundabout when in use. Max Air
Cedar Point made its debut in 1870, but it was a much different place than what we consider it today. The park was not the roller coaster capital of the world; instead it was one of the best beach resorts ever created. As the technology increased, the invention of the roller coaster took the world by storm. Not wanting to be left out, the park constructed and gravity railroad known as the Switchback Railroad. The ride was a hit and literally kicked open the door for the thrill rides that we see today at the park. Many new revolutionary coasters made their entrances and thrilled guests for a number of years. As the rides aged, the park removed them one by one and the park was at one po int down to one single coaster track and a number of thrill rides. No one expected what we see t oday at the park. In 1964, the park introduced the Blue Streak. A small coaster compared to today, but this ride was just what the park needed to bring guests back. As always, with increasing revenue brings new rides. New roller coaster debuted ever few years with rides from Arrow Dynamics, Charles Dinn, Bolliger and Mabillard, and Intamin. New coasters took the place of flat rides that had lost popularity, or were just simply in the way of development. It had seemed as if the park had completely forgotten about flats. The year of 1989 brought the world Magnum XL200, the tallest coaster in the world. Then in 2000 Cedar Point debuted Millennium Force, which once again regained the title of world’s tallest coaster for Cedar Point. Its title was short lived, but Cedar Point was not going to be out done. In 2004, Top Thrill Dragster debuted as the world’s tallest and fasted coaster. When all was said and done, many wondered what Cedar Point was going to add to top their newest attraction. The answer came at the end of the 2004 season in a form that no one really expected. Cedar Point went conservative and announced MaXair. The ride came from HUSS of Bremen, Germany and claimed no records. Cedar Point had finally realized that to please all guests they needed some thrill rides. MaxAir stands at 80-feet tall and has a top speed of 70-mph. The blue, orange, yellow, and red ride calls the area in front of Wicked Twister home. Galloper
The Year 2000 has been designated ‘The International Year of the Carousel’, and the UK is one of the best places in the world to see these vintage rides. The International Association of Amusement Parks and Attractions (IAAPA) has kick-started the campaign, which aims to raise the profile of these machines around the world, whilst raising valuable money for charity.
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In the first half of this century, Gallopers (as traditional carousels are known in the UK) were without a doubt the centre-piece of the travelling fair; huge, beautiful steam-driven machines accompanied by the distinctive sound of the fairground organ. In the second half of the Twentieth Century, however, gallopers slowly began to disappear from travelling fairs. Children’s tastes had apparently moved on; they wanted to ride fast, spinning rides, machines that would turn them upside down, and take them high into the air. Rides like the Waltzer, Ark/Speedway, Twist and Meteorite would draw people in their thousands. It seemed that the simple pleasure of the carousel was on the wane. That is where the permanent amusement parks came in. Some of the most beautifully preserved historical machines can now be seen at parks across the UK, and in the International Year of the Carousel, it is well worth seeking them out. Vintage Carousels can be found at Drayton Manor Park in Staffordshire, Blackpool Pleasure Beach in Lancashire, Flamingo Land in Yorkshire, Ocean Beach at Rhyl in North Wales, and Dreamland at Margate in Kent, which has no less than two full size vintage gallopers. There are many more, too many to mention in this short article, but this exhibition is an attempt to capture just a small part of the fantasy and wonder that the carousel represents. In this special year, we take you on a tour of a selection of the best gallopers at British amusement parks and theme parks, many of which are so often overlooked. We even feature some of the country's best juvenile gallopers and their modern derivatives. Haunted House
In 1999, a retrospective of the art of The Haunted Mansion was featured at The Disney Gallery above the entrance to Pirates of the Caribbean. When the 2003 film The Haunted Mansion was released, a retrospective of its art was featured in the gallery as well. In October 2001, Haunted Mansion Holiday premiered, a seasonal overlay featuring characters from the 1993 film The Nightmare before Christmas. The seasonal overlay was inspired by the question of what would happen to the Mansion if "Sandy Claws" landed there.In October 2005, Slave Labor Graphics began publishing a bimonthly Haunted Mansion comic book anthology, with the main recurring story (Mystery of the Manse) centered around "Master Gracey" and inspired by the sea captain concepts proposed for the attraction by Ken Anderson in the 1950s. The comics are non-canon. In July 2010, Guillermo del Toro announced that he is set to write and produce a new movie based on the attraction, promising that it will be both scary and fun.
115
Risk Management Sales decrease by 5%: Year 2013 Statement of Income The Fame Co, Ltd. For the Year End December Jan Sale
35,482,500
Feb
Mar
Apr
34,675,000
35,625,000
36,746,000
May
36,195,000
Jun
35,720,000
Jul
35,055,000
Aug
34,485,000
Sep
Oct
33,962,500
35,102,500
Nov
34,600,900
Dec
32,898,500
Total
420,547,900
Other exp
7,870,780
4,732,580
9,177,880
9,671,580
9,623,580
6,463,880
4,735,580
6,488,080
6,458,080
9,636,580
4,737,580
6,458,280
86,054,460
EBITDA
27,611,720
29,942,420
26,447,120
27,074,420
26,571,420
29,256,120
30,319,420
27,996,920
27,504,420
25,465,920
29,863,320
26,440,220
334,493,440
Depre&Amort EBIT
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
84,546,545
20,566,175
22,896,875
19,401,575
20,028,875
19,525,875
22,210,575
23,273,875
20,951,375
20,458,875
18,420,375
22,817,775
19,394,675
249,946,895
20,566,175
22,896,875
19,401,575
20,028,875
19,525,875
22,210,575
23,273,875
20,951,375
20,458,875
18,420,375
22,817,775
-17,523,325
213,028,895
20,566,175
22,896,875
19,401,575
20,028,875
19,525,875
22,210,575
23,273,875
20,951,375
20,458,875
18,420,375
22,817,775
-17,523,325
138,468,782
36,918,000.00
Interest exp EBT
74,560,113
Taxes (30%) Net inc.
36,918,000
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Statement of Cash Flow The Fame Co, Ltd. For The Year End December 31, 2013 Period
Jan
Feb
Mar
Apr
May
Jun
J ul
Aug
Sep
Oct
Nov
Dec
-17,523,325
OPERATION ACTIVITIES
Net income
20,566,175
22,896,875
19,40 1,575
20,028,875
19,525,875
22,210 ,575
23,273,875
20,951,375
20,458,875
18 ,420,375
22,817,775
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
Add (Sources of cash)
Depreciation Increase in A/P
7,045,545 -175,800,000
Subtract (Uses of cash)
Increase in A/R
9,243,244
8,657,543
9,086,4 32
7,754,345
6,542,345
9,255,000
8,96 5,675
7,856,951
6,258,951
5,85 2,156
10,156,982
9,852 ,987
18,368,476
21 ,284,877
17,360,688
1 9,320,075
20,02 9,075
20,001,120
21 ,353,745
20,139 ,969
21,245,469
19 ,613,764
19,706,338
-196,130,767
1,758,545,530
93,646,830
93,032,830
648,830
985,662
682,354
687,654
357,658
692,654
687,321
254,658
Increase in notes payable
35,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
5,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
Increase long-term debt
25,000,000
23,000,000
22,000,000
21,000,000
19,000,000
18,000,000
16,700,000
15,400,000
14,100,000
12,800,000
11,500,000
10,200,000
Net cash from financing
60,000,000
53,000,000
47,000,000
41,000,000
34,000,000
28,000,000
21,700,000
45,400,000
39,100,000
32,800,000
26,500,000
20,200,000
1,836,914,006
167,931,707
157,393,518
60,968,905
54,604,505
48,986,782
43,736,099
66,227,623
60,703,127
53,106,418
46,893,659
-175,676,109
1,836,914,006
3,673,828,012
3,831,221,530
3,892,190,435
3,946,794,940
3,995,781,722
4,039,517,821
4,105,745,444
4,166,448,571
4,219,554,989
4,266,448,648
1,836,914,006
3,673,828,012
3,831,221,530
3,892,190,435
3,946,794,940
3,995,781,722
4,039,517,821
4,105,745,444
4,166,448,571
4,219,554,989
4,266,448,648
4,090,772,539
Net cash provide by ops.
INVESTING ACTIVITIES
Investment in fixed assets
575,430.00
FINANCIING ACTIVITIES
NET CHANGE IN CASH
Plus: Cash at beginning of year Cash at the end of year
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Sales decrease by 5%: Year 2014 Statement of Income The Fame Co, Ltd. For the Year End December
Jan Sale Other exp
EBITDA Depre&Amort EBIT
23,037,500
Feb 22,068,500
Mar 22,591,000
Apr 23,370,000
May 22,733,500
Jun 22,040,000
Jul 21,755,000
Aug 21,403,500
Sep 21,147,000
Oct 22,467,500
Nov 21,954,500
7,870,780
4,732,580
9,177,880
9,671,580
9,623,580
6,463,880
4,735,580
6,488,080
6,458,080
9,636,580
4,737,580
6,458,280
15,166,720
17,335,920
13,413,120
13,698,420
13,109,920
15,576,120
17,019,420
14,915,420
14,688,920
12,830,920
17,216,920
15,733,720
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
8,121,175
10,290,375
6,367,575
6,652,875
6,064,375
8,530,575
9,973,875
7,869,875
7,643,375
5,785,375
10,171,375
8,688,175
8,121,175
-45,086,625
6,367,575
6,652,875
6,064,375
8,530,575
9,973,875
7,869,875
7,643,375
5,785,375
10,171,375
-46,688,825
8,121,175
-45,086,625
6,367,575
6,652,875
6,064,375
8,530,575
9,973,875
7,869,875
7,643,375
5,785,375
10,171,375
-46,688,825
55,377,000
Interest exp
EBT
Dec 22,192,000
Taxes (35%) Net inc.
118
Statement of Cash Flow The Fame Co, Ltd. For The Year Ened December 31, 2014 Period
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
No v
Dec
-46,688,825
OPERATION ACTIVITIES
Net income
8,121,175
-45,086,625
6,367,575
6,652,875
6,064,375
8,530,575
9,973,875
7,869,875
7,643,375
5,785,375
10,171,375
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
Add (Sources of cash)
Depreciation Increase in A/P
7,045,545 -175,800,000
Subtract (Uses of cash)
Increase in A/R
9,243,244
8,657,543
9,086 ,432
7,754,345
6,542,345
9,25 5,000
8,965,675
7,856,951
6,258 ,951
5,852,156
10,156,982
9,852 ,987
Net cash provide by ops.
5,923,476
-46,698,623
4,326,688
5,944,075
6,567,575
6,321,120
8,053,745
7,058,469
8,429,969
6,978,764
7,059,938
-225,296,267
1,758,545,530
93,646,830
93,032,830
648,830
575430
985,662
682,354
687,654
357,658
692,654
687,321
254,658
Increase in notes payable
35,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
5,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
Increase long-term debt
25,000,000
23,000,000
22,000,000
21,000,000
19,000,000
18,000,000
16,700,000
15,400,000
14,100,000
12,800,000
11,500,000
10,200,000
Net cash from financing
60,000,000
53,000,000
47,000,000
41,000,000
34,000,000
28,000,000
21,700,000
45,400,000
39,100,000
32,800,000
26,500,000
20,200,000
INVESTING ACTIVITIES
Investment in fixed assets
FINANCIING ACTIVITIES
NET CHANGE IN CASH
1,824,469,006
Plus: Cash at beginning of year Cash at the end of year
1,824,469,006
99,948,207
144,359,518
47,592,905
4 1,143,005
35 ,306,782
30,43 6,099
53,146 ,123
47,887,627
40,471,418
3 4,247,259
-204,841,609
1,824,469,006
1,924,417,213
2,068,776,731
2,116,369,636
2,157,512,641
2,192,819,423
2,223,255,522
2,276,401,645
2,324,289,272
2,364,760,690
2,399,007,949
1,924,417,213
2,068,776,731
2,116,369,636
2,157,512,641
2,192,819,423
2,223,255,522
2,276,401,645
2,324,289,272
2,364,760,690
2,399,007,949
2,194,166,340
119
Sales decrease by 5%: Year 2015 Statement of Income The Fame Co, Ltd. For the Year End December Jan Sale Other exp
EBITDA Depre&Amort EBIT
26,030,000
Feb 25,460,000
Mar 26,239,000
Apr 27,027,500
May 26,315,000
Jun 25,840,000
Jul 25,317,500
Aug 24,795,000
Sep 24,386,500
Oct 26,581,000
Nov 26,125,000
7,870,780
4,732,580
9,177,880
9,671,580
9,623,580
6,463,880
4,735,580
6,488,080
6,458,080
9,636,580
4,737,580
6,458,280
18,159,220
20,727,420
17,061,120
17,355,920
16,691,420
19,376,120
20,581,920
18,306,920
17,928,420
16,944,420
21,387,420
20,445,720
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
11,113,675
13,681,875
10,015,575
10,310,375
9,645,875
12,330,575
13,536,375
11,261,375
10,882,875
9,898,875
14,341,875
13,400,175
11,113,675
13,681,875
10,015,575
10,310,375
9,645,875
12,330,575
13,536,375
11,261,375
10,882,875
9,898,875
14,341,875
-35,823,825
11,113,675
13,681,875
10,015,575
10,310,375
9,645,875
12,330,575
13,536,375
11,261,375
10,882,875
9,898,875
14,341,875
-35,823,825
49,224,000
Interest exp
EBT
Dec 26,904,000
Taxes (30%) Net inc.
120
Statement of Cash Flow The Fame Co, Ltd. For The Year Ended December 31, 2015 Period
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
-35,823,825
OPERATION ACTIVITIES
Net income
11,113,675
13,681,875
10,015,575
10,310,375
9,645,875
12,330,575
13,536,375
11,261,375
10,882,875
9,898,875
14,341,875
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
Add (Sources of cash)
Depreciation Increase in A/P
7,045,545 -175,800,000
Subtract (Uses of cash)
Increase in A/R
9,243,244
8,657,543
9,08 6,432
7,754,345
6,542,345
9,255,000
8 ,965,675
7,856,951
6,258,951
5,85 2,156
10,156,982
9,852,987
Net cash provide by ops.
8,915,976
12,069,877
7,974,688
9,601,575
10,149,075
10,121,120
11,616,245
10,449,969
11,669,469
11,092,264
11,230,438
-214,431,267
1,758,545,530
93,646,830
93,032,830
648,830
575430
985,662
682,354
687,654
357,658
692,654
687,321
254,658
Increase in notes payable
35,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
5,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
Increase long-term debt
25,000,000
23,000,000
22,000,000
21,000,000
19,000,000
18,000,000
16,700,000
15,400,000
14,100,000
12,800,000
11,500,000
10,200,000
Net cash from financing
60,000,000
53,000,000
47,000,000
41,000,000
34,000,000
28,000,000
21,700,000
45,400,000
39,100,000
32,800,000
26,500,000
20,200,000
NET CHANGE IN CASH Plus: Cash at beginning of year
1,827,461,506
158,716,707
148,007,518
51,250,405
44,724,505
39,106,782
33,998,599
56,537,623
51,127,127
44,584,918
38,417,759
-193,976,609
Cash at the end of year
1,827,461,506
INVESTING ACTIVITIES
Investment in fixed assets
FINANCIING ACTIVITIES
1,827,461,506
1,986,178,213
2,134,185,731
2,185,436,136
2,230,160,641
2,269,267,423
2,303,266,022
2,359,803,645
2,410,930,772
2,455,515,690
2,493,933,449
1,986,178,213
2,134,185,731
2,185,436,136
2,230,160,641
2,269,267,423
2,303,266,022
2,359,803,645
2,410,930,772
2,455,515,690
2,493,933,449
2,299,956,840
121
Sales decrease by 5%: Year 2016 Statement of Income The Fame Co, Ltd. For the Year End December Jan Sale Other exp
EBITDA Depre&Amort EBIT
30,523,500
Feb 29,972,500
Mar 30,447,500
Apr 32,015,000
May 31,397,500
Jun 30,941,500
Jul 30,428,500
Aug 30,115,000
Sep 29,412,000
Oct 30,856,000
Nov 30,267,000
7,870,780
4,732,580
9,177,880
9,671,580
9,623,580
6,463,880
4,735,580
6,488,080
6,458,080
9,636,580
4,737,580
6,458,280
22,652,720
25,239,920
21,269,620
22,343,420
21,773,920
24,477,620
25,692,920
23,626,920
22,953,920
21,219,420
25,529,420
20,141,720
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
15,607,175
18,194,375
14,224,075
15,297,875
14,728,375
17,432,075
18,647,375
16,581,375
15,908,375
14,173,875
18,483,875
13 ,096,175
15,607,175
18,194,375
14,224,075
15,297,875
14,728,375
17,432,075
18,647,375
16,581,375
15,908,375
14,173,875
18,483,875
-29,974,825
15,607,175
18,194,375
14,224,075
15,297,875
14,728,375
17,432,075
18,647,375
16,581,375
15,908,375
14,173,875
18,483,875
-29,974,825
43,071,000
Interest exp
EBT
Dec 26,600,000
Taxes (30%) Net inc.
122
Statement of Cash Flow The Fame Co, Ltd. For The Year Ened December 31, 2016 Period
Jan
Feb
Mar
Apr
May
Jun
J ul
Aug
Sep
Oct
Nov
Dec
-29,974,825
OPERATION ACTIVITIES
Net income
15,607,175
18,194,375
14,224 ,075
15,297,875
14,728,375
17,432,075
18,647,375
16,581 ,375
15,908,375
14,173,875
18,483,875
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
Add (Sources of cash)
Depreciation Increase in A/P
7,045,545 -175,800,000
Subtract (Uses of cash)
Increase in A/R
9,243,244
8,657,543
9,086,432
7,75 4,345
6,542,345
9,255,000
8,965,675
7,856,951
6,258 ,951
5,852,156
10,156,982
9,852,987
13,409,476
16,58 2,377
12,183,188
14 ,589,075
15,231,575
1 5,222,620
16,727,245
15 ,769,969
16,694,969
1 5,367,264
15,372 ,438
-208,582,267
1,758,545,530
93,646,830
93,032,830
648,830
575430
985,662
682,354
687,654
357,658
692,654
687,321
254,658
Increase in notes payable
35,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
5,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
Increase long-term debt
25,000,000
23,000,000
22,000,000
21,000,000
19,000,000
18,000,000
1 6,700,000
1 5,400,000
14,100,000
12,800,000
11,500,000
10,200,000
Net cash from financing
60,000,000
53,000,000
47,000,000
41,000,000
34,000,000
28,000,000
21,700,000
45,400,000
39,100,000
32,800,000
26,500,000
20,200,000
Net cash provide by ops.
INVESTING ACTIVITIES
Investment in fixed assets
FINANCIING ACTIVITIES
NET CHANGE IN CASH
1,831,955,006
Plus: Cash at beginning of year Cash at the end of year
1,831,955,006
163,229,207
152,216,018
56,237,905
49,807,005
44,208,282
39,109,599
61,857,623
56,152,627
48,859,918
42,559,759
-188,127,609
1,831,955,006
1,995,184,213
2,147,400,231
2,203,638,136
2,253,445,141
2,297,653,423
2,336,763,022
2,398,620,645
2,454,773,272
2,503,633,190
2,546,192,949
1,995,184,213
2,147,400,231
2,203,638,136
2,253,445,141
2,297,653,423
2,336,763,022
2,398,620,645
2,454,773,272
2,503,633,190
2,546,192,949
2,358,065,340
123
Sales decrease by 5%: Year 2017 Statement of Income The Fame Co, Ltd. For the Year End December
Jan Sale Other exp
EBITDA Depre&Amort EBIT
Mar
Apr
May
Jun
Ju l
Aug
Sep
Oct
Nov
35,625,000
36,746,000
36,195,000
35,720,000
35,055,000
34,485,000
33,962,500
35,102,500
34,600,900
7,870,780
9,177,880
9,671,580
9,623,580
6,463,880
4,735,580
6,488,080
6,458,080
9,636,580
4,737,580
6,458,280
27,611,720
26,447,120
27,074,420
26,571,420
29,256,120
30,319,420
27,996,920
27,504,420
25,465,920
29,863,320
26,440,220
32,898,500
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
20,566,175
19,401,575
20,028,875
19,525,875
22,210,575
23,273,875
20,951,375
20,458,875
18,420,375
22,817,775
19,394,675
20,566,175
19,401,575
20,028,875
19,525,875
22,210,575
23,273,875
20,951,375
20,458,875
18,420,375
22,817,775
-17,523,325
20,566,175
19,401,575
20,028,875
19,525,875
22,210,575
23,273,875
20,951,375
20,458,875
18,420,375
22,817,775
-17,523,325
36,918,000.00
Interest exp
EBT
Dec
35,482,500
Taxes (30%) Net inc.
124 Statement of Cash Flow The Fame Co, Ltd. For The Year Ened December 31, 2013
Period
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
No v
Dec
-17,523,325
OPERATION ACTIVITIES
Net income
20,566,175
22,896,875
19,40 1,575
20,028,875
19,525,875
22,210,575
23,273,875
20,951,375
20,458,875
18,42 0,375
22,817,775
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
Add (Sources of cash)
Depreciation Increase in A/P
7,045,545 -175,800,000
Subtract (Uses of cash)
Increase in A/R
9,243,244
8,657,543
9 ,086,432
7,754,345
6,542,345
9,25 5,000
8,965,675
7,856,951
6,258 ,951
5,852,156
10,156,982
9,852 ,987
18,368,476
21,28 4,877
17,360,688
19,32 0,075
20,029,075
20,00 1,120
21,353,745
20,1 39,969
21,245,469
19,61 3,764
19,706,338
-196,130,767
1,758,545,530
93,646,830
93,032,830
648,830
985,662
682,354
687,654
357,658
692,654
687,321
254,658
Increase in notes payable
35,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
5,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
Increase long-term debt
25,000,000
23,000,000
22,000,000
21,000,000
19,000,000
18,000,000
16,700,000
15,400,000
14,100,000
12,800,000
11,500,000
10,200,000
Net cash from financing
60,000,000
53,000,000
47,000,000
41,000,000
34,000,000
28,000,000
21,700,000
45,400,000
39,100,000
32,800,000
26,500,000
20,200,000
Net cash provide by ops.
INVESTING ACTIVITIES
Investment in fixed assets
575,430.00
FINANCIING ACTIVITIES
NET CHANGE IN CASH
1,836,914,006
Plus: Cash at beginning of year Cash at the end of year
1,836,914,006
167,931,707
157,393,518
60,968,905
54,604,505
48,986,782
43,736,099
66,227,623
60,703,127
53,106,418
46,893,659
-175,676,109
1,836,914,006
3,673,828,012
3,831,221,530
3,892,190,435
3,946,794,940
3,995,781,722
4,039,517,821
4,105,745,444
4,166,448,571
4,219,554,989
4,266,448,648
3,673,828,012
3,831,221,530
3,892,190,435
3,946,794,940
3,995,781,722
4,039,517,821
4,105,745,444
4,166,448,571
4,219,554,989
4,266,448,648
4,090,772,539
125
Sales decrease by 10%: Year 2013 Statement of Income The Fame Co, Ltd. For the Year End December Jan Sale Other exp
EBITDA Depre&Amort EBIT
199,800,000
Feb 19,035,000
Mar 19,449,000
Apr
May
20,205,000
19,575,000
Jun 18,927,000
Jul 18,477,000
Aug 17,703,000
Sep 17,460,000
Oct 19,485,000
Nov 18,630,000
7,870,780
4,732,580
9,177,880
9,671,580
9,623,580
6,463,880
4,735,580
6,488,080
6,458,080
9,636,580
4,737,580
6,458,280
191,929,220
14,302,420
10,271,120
10,533,420
9,951,420
12,463,120
13,741,420
11,214,920
11,001,920
9,848,420
13,892,420
12 ,918,720
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
184,883,675
7,256,875
3,225,575
3,487,875
2,905,875
5,417,575
6,695,875
4,169,375
3,956,375
2,802,875
6,846,875
5,87 3,175
184,883,675
7,256,875
3,225,575
3,487,875
2,905,875
5,417,575
6,695,875
4,169,375
3,956,375
2,802,875
6,846,875
-55,656,825
184,883,675
7,256,875
3,225,575
3,487,875
2,905,875
5,417,575
6,695,875
4,169,375
3,956,375
2,802,875
6,846,875
-55,656,825
61530000
Interest exp
EBT
Dec 19,377,000
Taxes (35%) Net inc.
126
Statement of Cash Flow The Fame Co, Ltd. For The Year Ened December 31, 2013 Period
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
-55,656,825
OPERATION ACTIVITIES
Net income
184,883,675
7,25 6,875
3,225,575
3,48 7,875
2,905,875
5,41 7,575
6,695,875
4,16 9,375
3,956,375
2,802 ,875
6,846,875
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
0
0
0
0
0
0
0
0
0
0
0
-175,800,000
Add (Sources of cash)
Depreciation Increase in A/P Subtract (Uses of cash)
Increase in A/R
9,243,244
8,657,543
9,086 ,432
7,754,345
6,542,345
9,255 ,000
8,965,675
7,856,951
6,258 ,951
5,852,156
10,156,982
9,852 ,987
182,685,976
5,644,877
1 ,184,688
2,77 9,075
3,409 ,075
3,208,120
4,775,745
3 ,357,969
4,74 2,969
3,996,264
3,735,438
-234,264,267
1,758,545,530
93,646,830
93,032,830
648,830
575430
985,662
682,354
687,654
357,658
692,654
687,321
254,658
Increase in notes payable
35,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
5,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
Increase long-term debt
25,000,000
23,000,000
22,000,000
21,000,000
19,000,000
18,000,000
16,700,000
15,400,000
14,100,000
1 2,800,000
11,500,000
10,200,000
Net cash from financing
60,000,000
53,000,000
47,000,000
41,000,000
34,000,000
28,000,000
21,700,000
45,400,000
39,100,000
32,800,000
26,500,000
20,200,000
Net cash provide by ops.
INVESTING ACTIVITIES
Investment in fixed assets
FINANCIING ACTIVITIES
NET CHANGE IN CASH Plus: Cash at beginning of year
2,001,231,506
Cash at the end of year
2,001,231,506
152,291,707
141,217,518
44,427,905
37,984,505
32,193,782
27,158,099
49,445,623
44,200,627
3 7,488,918
30,922,759
-213,809,609
2,001,231,506
2,153,523,213
2,294,740,731
2,339,168,636
2,377,153,141
2,409,346,923
2,436,505,022
2,485,950,645
2,530,151,272
2,567,640,190
2,598,562,949
2,153,523,213
2,294,740,731
2,339,168,636
2,377,153,141
2,409,346,923
2,436,505,022
2,485,950,645
2,530,151,272
2,567,640,190
2,598,562,949
2,384,753,340
127
Sales decrease by 10%: Year 2014 Statement of Income The Fame Co, Ltd. For the Year End December
Jan Sale Other exp
EBITDA Depre&Amort EBIT
21,825,000
Feb 20,907,000
Mar 21,402,000
Apr 22,140,000
May 21,537,000
Jun 20,880,000
Jul 20,610,000
Aug 20,277,000
Sep 20,034,000
Oct 21,285,000
Nov 20,799,000
7,870,780
4,732,580
9,177,880
9,671,580
9,623,580
6,463,880
4,735,580
6,488,080
6,458,080
9,636,580
4,737,580
6,458,280
13,954,220
16,174,420
12,224,120
12,468,420
11,913,420
14,416,120
15,874,420
13,788,920
13,575,920
11,648,420
16,061,420
14,565,720
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
6,908,675
9,128,875
5,178,575
5,422,875
4,867,875
7,370,575
8,828,875
6,743,375
6,530,375
4,602,875
9,015,875
7,520,175
6,908,675
-46,248,125
5,178,575
5,422,875
4,867,875
7,370,575
8,828,875
6,743,375
6,530,375
4,602,875
9,015,875
-47,856,825
6,908,675
-46,248,125
5,178,575
5,422,875
4,867,875
7,370,575
8,828,875
6,743,375
6,530,375
4,602,875
9,015,875
-47,856,825
55,377,000
Interest exp
EBT
Dec 21,024,000
Taxes (35%) Net inc.
128 Statement of Cash Flow The Fame Co, Ltd. For The Year Ened December 31, 2014
Period
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
-47,856,825
OPERATION ACTIVITIES
Net income
6,908,675
-46,248,125
5,178,575
5,422,875
4 ,867,875
7,370,575
8,828,875
6,743,375
6,530,375
4,602,875
9,015,875
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
Add (Sources of cash)
Depreciation Increase in A/P
7,045,545 -175,800,000
Subtract (Uses of cash)
Increase in A/R
9,243,244
8,657,543
9,086,432
7,754,345
6,542,345
9,255,000
8,965,675
7,856,951
6,258,951
5,852,156
10,156,982
9,852,987
Net cash provide by ops.
4,710,976
-47,860,123
3,137,688
4,714,075
5,371,075
5,161,120
6,908,745
5,931,969
7,316,969
5,796,264
5,904,438
-226,464,267
1,758,545,530
93,646,830
93,032,830
648,830
575430
985,662
682,354
687,654
357,658
692,654
687,321
254,658
Increase in notes payable
35,000,000
30,00 0,000
25,000 ,000
20,000,000
15 ,000,000
10,00 0,000
5,000,000
30,00 0,000
25,000,000
20,000,000
15,0 00,000
10,000 ,000
Increase long-term debt
25,000,000
23,000,000
22,000,000
21,000,000
19,000,000
18,000,000
16,700,000
15,400,000
14,100,000
12,800,000
11,500,000
10,200,000
Net cash from financing
60,000,000
53,000,000
47,000,000
41,000,000
34,000,000
28,000,000
21,700,000
45,400,000
39,100,000
32,800,000
26,500,000
20,200,000
INVESTING ACTIVITIES
Investment in fixed assets
FINANCIING ACTIVITIES
NET CHANGE IN CASH
1,823,256,506
Plus: Cash at beginning of year Cash at the end of year
1,823,256,506
98,786,707
143,170,518
46,362,905
39 ,946,505
34 ,146,782
29,2 91,099
52,019 ,623
46,774,627
39,288,918
3 3,091,759
-206,009,609
1,823,256,506
1,922,043,213
2,065,213,731
2,111,576,636
2,151,523,141
2,185,669,923
2,214,961,022
2,266,980,645
2,313,755,272
2,353,044,190
2,386,135,949
1,922,043,213
2,065,213,731
2,111,576,636
2,151,523,141
2,185,669,923
2,214,961,022
2,266,980,645
2,313,755,272
2,353,044,190
2,386,135,949
2,180,126,340
129
Sales decrease by 10%: Year 2015 Statement of Income The Fame Co, Ltd. For the Year End December
Jan Sale Other exp
EBITDA Depre&Amort EBIT
24,660,000
Feb 24,120,000
Mar 24,858,000
Apr 25,605,000
May 24,930,000
Jun 24,480,000
Jul 23,985,000
Aug 23,490,000
Sep 23,103,000
Oct 25,182,000
Nov 24,750,000
7,870,780
4,732,580
9,177,880
9,671,580
9,623,580
6,463,880
4,735,580
6,488,080
6,458,080
9,636,580
4,737,580
6,458,280
16,789,220
19,387,420
15,680,120
15,933,420
15,306,420
18,016,120
19,249,420
17,001,920
16,644,920
15,545,420
20,012,420
19,029,720
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
9,743,675
12,341,875
8,634,575
8,887,875
8,260,875
10,970,575
12,203,875
9,956,375
9,599,375
8,499,875
12,966,875
11,984,175
9,743,675
12,341,875
8,634,575
8,887,875
8,260,875
10,970,575
12,203,875
9,956,375
9,599,375
8,499,875
12,966,875
-37,239,825
9,743,675
12,341,875
8,634,575
8,887,875
8,260,875
10,970,575
12,203,875
9,956,375
9,599,375
8,499,875
12,966,875
-37,239,825
49,224,000
Interest exp
EBT
Dec 25,488,000
Taxes (30%) Net inc.
130 Statement of Cash Flow The Fame Co, Ltd. For The Year Ened December 31, 2015
Period
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
-37,239,825
OPERATION ACTIVITIES
Net income
9,743,675
12,341,875
8,634,575
8,887,875
8,260,875
10,970,575
12,203,875
9,956,375
9,599,375
8,499,875
12,966,875
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
Add (Sources of cash)
Depreciation Increase in A/P
7,045,545 -175,800,000
Subtract (Uses of cash)
Increase in A/R
9,243,244
8,657,543
9,086,432
7,75 4,345
6,542,345
9,255,000
8,965,675
7,856,951
6,25 8,951
5,852,156
10,156,982
9,852,987
Net cash provide by ops.
7,545,976
10,729,877
6,593,688
8,179,075
8,764,075
8,761,120
10,283,745
9,144,969
10,385,969
9,693,264
9,855,438
-215,847,267
1,758,545,530
93,646,830
93,032,830
648,830
575430
985,662
682,354
687,654
357,658
692,654
687,321
254,658
Increase in notes payable
35,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
5,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
Increase long-term debt
25,000,000
23,000,000
22,000,000
21,000,000
19,000,000
1 8,000,000
16,700,000
1 5,400,000
14,100,000
12,800,000
11,500,000
10,200,000
Net cash from financing
60,000,000
53,000,000
47,000,000
41,000,000
34,000,000
28,000,000
21,700,000
45,400,000
39,100,000
32,800,000
26,500,000
20,200,000
INVESTING ACTIVITIES
Investment in fixed assets
FINANCIING ACTIVITIES
NET CHANGE IN CASH Plus: Cash at beginning of year
1,826,091,506
Cash at the end of year
1,826,091,506
157,376,707
146,626,518
49,827,905
43,339,505
37,746,782
32,666,099
55,232,623
49,843,627
43,185,918
37,042,759
-195,392,609
1,826,091,506
1,983,468,213
2,130,094,731
2,179,922,636
2,223,262,141
2,261,008,923
2,293,675,022
2,348,907,645
2,398,751,272
2,441,937,190
2,478,979,949
1,983,468,213
2,130,094,731
2,179,922,636
2,223,262,141
2,261,008,923
2,293,675,022
2,348,907,645
2,398,751,272
2,441,937,190
2,478,979,949
2,283,587,340
131
Sales decrease by 10%: Year 2016 Statement of Income The Fame Co, Ltd. For the Year End December
Jan Sale Other exp
EBITDA Depre&Amort EBIT
28,917,000
Feb 28,395,000
Mar 288,450,000
Apr 30,330,000
May 29,745,000
Jun 29,313,000
Jul 28,827,000
Aug 28,530,000
Sep 27,864,000
Oct 29,232,000
Nov 28,674,000
7,870,780
4,732,580
9,177,880
9,671,580
9,623,580
6,463,880
4,735,580
6,488,080
6,458,080
9,636,580
4,737,580
6,458,280
21,046,220
23,662,420
279,272,120
20,658,420
20,121,420
22,849,120
24,091,420
22,041,920
21,405,920
19,595,420
23,936,420
18,741,720
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
14,000,675
16,616,875
272,226,575
13,612,875
13,075,875
15,803,575
17,045,875
14,996,375
14,360,375
12,549,875
16,890,875
11,696 ,175
14,000,675
16,616,875
272,226,575
13,612,875
13,075,875
15,803,575
17,045,875
14,996,375
14,360,375
12,549,875
16,890,875
-31,374,825
14,000,675
16,616,875
272,226,575
13,612,875
13,075,875
15,803,575
17,045,875
14,996,375
14,360,375
12,549,875
16,890,875
-31,374,825
43,071,000
Interest exp
EBT
Dec 25,200,000
Taxes (30%) Net inc.
132 Statement of Cash Flow The Fame Co, Ltd. For The Year Ened December 31, 2016
Period
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
-31,374,825
OPERATION ACTIVITIES
Net income
14,000,675
16,616 ,875
272,226,575
1 3,612,875
13,075,875
1 5,803,575
17,045 ,875
14,996,375
14,360 ,375
12,549,875
16,890 ,875
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
Add (Sources of cash)
Depreciation Increase in A/P
7,045,545 -175,800,000
Subtract (Uses of cash)
Increase in A/R
9,243,244
8,657,543
9,086,432
7,754,345
6,542,345
9,255,000
8,965,675
7,856,951
6,258,951
5,852,156
10,156,982
9,852,987
11,802,976
15 ,004,877
270,185,688
12,904,075
13 ,579,075
13 ,594,120
15,12 5,745
14,184,969
15,146,969
1 3,743,264
13,77 9,438
-209,982,267
1,758,545,530
93,646,830
93,032,830
648,830
575430
985,662
682,354
687,654
357,658
692,654
687,321
254,658
Increase in notes payable
35,000,000
30,00 0,000
25,000 ,000
20,000,000
15 ,000,000
10,00 0,000
5,000,000
30,00 0,000
25,000,000
20,000,000
15,00 0,000
10,000 ,000
Increase long-term debt
25,000,000
23,000,000
22,000,000
21,000,000
19,000,000
18,000,000
16,700,000
15,400,000
14,100,000
12,800,000
11,500,000
10,200,000
Net cash from financing
60,000,000
53,000,000
47,000,000
41,000,000
34,000,000
28,000,000
21,700,000
45,400,000
39,100,000
32,800,000
26,500,000
20,200,000
Net cash provide by ops.
INVESTING ACTIVITIES
Investment in fixed assets
FINANCIING ACTIVITIES
NET CHANGE IN CASH
1,830,348,506
Plus: Cash at beginning of year Cash at the end of year
1,830,348,506
161,651,707
410,218,518
54,552,905
48,154,505
42,579,782
37,508,099
60,272,623
54,604,627
47,235,918
40,966,759
-189,527,609
1,830,348,506
1,992,000,213
2,402,218,731
2,456,771,636
2,504,926,141
2,547,505,923
2,585,014,022
2,645,286,645
2,699,891,272
2,747,127,190
2,788,093,949
1,992,000,213
2,402,218,731
2,456,771,636
2,504,926,141
2,547,505,923
2,585,014,022
2,645,286,645
2,699,891,272
2,747,127,190
2,788,093,949
2,598,566,340
133
Sales decrease by 10%: Year 2017 Statement of Income The Fame Co, Ltd. For the Year End December
Jan Sale Other exp
EBITDA Depre&Amort EBIT
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
32,850,000
33,750,000
34,812,000
34,290,000
33,840,000
33,210,000
32,670,000
35,749,990
33,255,000
32,779,800
7,870,780
4,732,580
9,177,880
9,671,580
9,623,580
6,463,880
4,735,580
6,488,080
6,458,080
9,636,580
4,737,580
6,458,280
25,744,220
28,117,420
24,572,120
25,140,420
24,666,420
27,376,120
28,474,420
26,181,920
29,291,910
23,618,420
28,042,220
24,708,720
31,167,000
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
18,698,675
21,071,875
17,526,575
18,094,875
17,620,875
20,330,575
21,428,875
19,136,375
22,246,365
16,572,875
20,996,675
17,663,175
18,698,675
21,071,875
17,526,575
18,094,875
17,620,875
20,330,575
21,428,875
19,136,375
22,246,365
16,572,875
20,996,675
-19,254,825
18,698,675
21,071,875
17,526,575
18,094,875
17,620,875
20,330,575
21,428,875
19,136,375
22,246,365
16,572,875
20,996,675
-19,254,825
36,918,000.00
Interest exp
EBT
Dec
33,615,000
Taxes (30%) Net inc.
134 Statement of Cash Flow The Fame Co, Ltd. For The Year Ened December 31, 2017
Period
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
No v
Dec
-19,254,825
OPERATION ACTIVITIES
Net income
18,698,675
21,071,875
17,526,575
18,09 4,875
17,620,875
20,330,575
21,428,875
19,136,375
22,246,365
16,57 2,875
20,996,675
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
Add (Sources of cash)
Depreciation Increase in A/P
7,045,545 -175,800,000
Subtract (Uses of cash)
Increase in A/R
9,243,244
8,657,543
9,086 ,432
7,754,345
6,542,345
9,25 5,000
8,965,675
7,856,951
6,258 ,951
5,852,156
10,156,982
9,852 ,987
16,500,976
19,45 9,877
15,485,688
17,38 6,075
18,124,075
18,12 1,120
19,508,745
18,3 24,969
23,032,959
17,76 6,264
17,885,238
-197,862,267
1,758,545,530
93,646,830
93,032,830
648,830
985,662
682,354
687,654
357,658
692,654
687,321
254,658
Increase in notes payable
35,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
5,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
Increase long-term debt
25,000,000
23,000,000
22,000,000
21,000,000
19,000,000
18,000,000
16,700,000
15,400,000
14,100,000
12,800,000
11,500,000
10,200,000
Net cash from financing
60,000,000
53,000,000
47,000,000
41,000,000
34,000,000
28,000,000
21,700,000
45,400,000
39,100,000
32,800,000
26,500,000
20,200,000
Net cash provide by ops.
INVESTING ACTIVITIES
Investment in fixed assets
575,430.00
FINANCIING ACTIVITIES
NET CHANGE IN CASH
1,835,046,506
Plus: Cash at beginning of year Cash at the end of year
1,835,046,506
166,106,707
155,518,518
59,034,905
52,699,505
47,106,782
41,891,099
64,412,623
62,490,617
51,258,918
45,072,559
-177,407,609
1,835,046,506
2,001,153,213
2,156,671,731
2,215,706,636
2,268,406,141
2,315,512,923
2,357,404,022
2,421,816,645
2,484,307,262
2,535,566,180
2,580,638,739
2,001,153,213
2,156,671,731
2,215,706,636
2,268,406,141
2,315,512,923
2,357,404,022
2,421,816,645
2,484,307,262
2,535,566,180
2,580,638,739
2,403,231,130
135
Sales decrease by 15%: Year 2013 Statement of Income The Fame Co, Ltd. For the Year End December
Jan Sale Other exp
EBITDA Depre&Amort EBIT
18,870,000
Feb 17,977,500
Mar
Apr
18,368,500
19,082,500
May 18,487,500
Jun 17,875,500
Jul 17,450,500
Aug 16,719,500
Sep 16,490,000
Oct 18,402,500
Nov 17,595,000
7,870,780
4,732,580
9,177,880
9,671,580
9,623,580
6,463,880
4,735,580
6,488,080
6,458,080
9,636,580
4,737,580
6,458,280
10,999,220
13,244,920
9,190 ,620
9,410,920
8,863,920
11,411,620
12,714,920
10,231,420
10,031,920
8,765,920
12,857,420
11,842 ,220
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
3,953,675
6,199,375
2,145,075
2,365,375
1,818,375
4,366,075
5,669,375
3,185,875
2,986,375
1,720,375
5,811,875
4,796 ,675
3,953,675
6,199,375
2,145,075
2,365,375
1,818,375
4,366,075
5,669,375
3,185,875
2,986,375
1,720,375
5,811,875
-56,733,325
3,953,675
6,199,375
2,145,075
2,365,375
1,818,375
4,366,075
5,669,375
3,185,875
2,986,375
1,720,375
5,811,875
-56,733,325
61530000
Interest exp
EBT
Dec 18,300,500
Taxes (35%) Net inc.
136 Statement of Cash Flow The Fame Co, Ltd. For The Year Ened December 31, 2013
Period OPERATION ACTIVITIES Net income
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
-56,733,325
3,953,675
6,199 ,375
2,145,075
2,365 ,375
1,818,375
4,366 ,075
5,669,375
3 ,185,875
2,986,375
1 ,720,375
5,811,875
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
0
0
0
0
0
0
0
0
0
0
0
-175,800,000
Increase in A/R
9,243,244
8,657,543
9,08 6,432
7,754,345
6,542 ,345
9,255,000
8,965,675
7,85 6,951
6,258,951
5,852,156
10,156,982
9,852,987
Net cash provide by ops.
1,755,976
4,587,377
104,188
1,656,575
2 ,321,575
2,156,620
3,749 ,245
2,374,469
3,772,969
2,91 3,764
2,700,438
-235,340,767
1,758,545,530
93,646,830
93,032,830
648,830
575430
985,662
682,354
687,654
357,658
692,654
687,321
254,658
Increase in notes payable
35,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
5,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
Increase long-term debt
25,000,000
23,000,000
22,000,000
21,000,000
19,000,000
18,000,000
16,700,000
15,400,000
14,100,000
12,800,000
11,500,000
10,200,000
Net cash from financing
60,000,000
53,000,000
47,000,000
41,000,000
34,000,000
28,000,000
21,700,000
45,400,000
39,100,000
32,800,000
26,500,000
20,200,000
1,820,301,506
151,234,207
Add (Sources of cash)
Depreciation Increase in A/P Subtract (Uses of cash)
INVESTING ACTIVITIES
Investment in fixed assets
FINANCIING ACTIVITIES
NET CHANGE IN CASH
Plus: Cash at beginning of year Cash at the end of year
1,820,301,506
1,971,535,713
140,137,018
43,305,405
36,897,005
31,142,282
26,131,599
48,462,123
43,230,627
36,406,418
29,887,759
-214,886,109
1,820,301,506
1,971,535,713
2,111,672,731
2,154,978,136
2,191,875,141
2,223,017,423
2,249,149,022
2,297,611,145
2,340,841,772
2,377,248,190
2,111,672,731
2,154,978,136
2,191,875,141
2,223,017,423
2,249,149,022
2,297,611,145
2,340,841,772
2,377,248,190
2,407,135,949
2,192,249,840
2,407,135,
137
Sales decrease by 15%: Year 2014 Statement of Income The Fame Co, Ltd. For the Year End December
Jan Sale Other exp
EBITDA Depre&Amort EBIT
20,612,500
Feb 19,745,500
Mar 20,213,000
Apr 20,910,000
May 20,340,500
Jun 19,720,000
Jul 19,465,000
Aug 19,150,500
Sep 18,921,000
Oct 20,102,500
Nov 19,643,500
7,870,780
4,732,580
9,177,880
9,671,580
9,623,580
6,463,880
4,735,580
6,488,080
6,458,080
9,636,580
4,737,580
6,458,280
12,741,720
15,012,920
11,035,120
11,238,420
10,716,920
13,256,120
14,729,420
12,662,420
12,462,920
10,465,920
14,905,920
13,397,720
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
5,696,175
7,967,375
3,989,575
4,192,875
3,671,375
6,210,575
7,683,875
5,616,875
5,417,375
3,420,375
7,860,375
6,352,175
5,696,175
-47,409,625
3,989,575
4,192,875
3,671,375
6,210,575
7,683,875
5,616,875
5,417,375
3,420,375
7,860,375
-49,024,825
5,696,175
-47,409,625
3,989,575
4,192,875
3,671,375
6,210,575
7,683,875
5,616,875
5,417,375
3,420,375
7,860,375
-49,024,825
55,377,000
Interest exp
EBT
Dec 19,856,000
Taxes (35%) Net inc.
138 Statement of Cash Flow The Fame Co, Ltd. For The Year Ened December 31, 2014
Period OPERATION ACTIVITIES Net income
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
-49,024,825
5,696,175
-47,409,625
3,989,575
4,192,875
3,671,375
6,210,575
7 ,683,875
5,616,875
5,417,375
3 ,420,375
7,860,375
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
Add (Sources of cash)
Depreciation Increase in A/P
7,045,545 -175,800,000
Subtract (Uses of cash)
Increase in A/R
9,243,244
8,657,543
9 ,086,432
7,754,345
6,542 ,345
9,255,000
8,965,675
7,85 6,951
6,258,951
5,852,156
10,156,982
9,852 ,987
Net cash provide by ops.
3,498,476
-49,021,623
1,948,688
3,484,075
4,174,575
4,001,120
5,763,745
4,805,469
6,203,969
4,613,764
4,748,938
-227,632,267
1,758,545,530
93,646,830
93,032,830
648,830
575430
985,662
682,354
687,654
357,658
692,654
687,321
254,658
Increase in notes payable
35,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
5,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
Increase long-term debt
25,000,000
23,000,000
22,000,000
21,000,000
19,000,000
18,000,000
16,700,000
15,400,000
14,100,000
12,800,000
11,500,000
10,200,000
Net cash from financing
60,000,000
53,000,000
47,000,000
41,000,000
34,000,000
28,000,000
21,700,000
45,400,000
39,100,000
32,800,000
26,500,000
20,200,000
1,822,044,006
97,625,207
INVESTING ACTIVITIES
Investment in fixed assets
FINANCIING ACTIVITIES
NET CHANGE IN CASH
Plus: Cash at beginning of year Cash at the end of year
1,822,044,006
1,919,669,213
141,981,518
45,132,905
3 8,750,005
3 2,986,782
28,14 6,099
50,89 3,123
45,661 ,627
38,106,418
31,936,259
-207,177,609
1,822,044,006
1,919,669,213
2,061,650,731
2,106,783,636
2,145,533,641
2,178,520,423
2,206,666,522
2,257,559,645
2,303,221,272
2,341,327,690
2,061,650,731
2,106,783,636
2,145,533,641
2,178,520,423
2,206,666,522
2,257,559,645
2,303,221,272
2,341,327,690
2,373,263,949
2,166,086,340
2,373,263,
139
Sales decrease by 15%: Year 2015 Statement of Income The Fame Co, Ltd. For the Year End December
Jan Sale Other exp
EBITDA Depre&Amort EBIT
23,290,000
Feb 22,780,000
Mar 23,477,000
Apr 24,182,500
May 23,545,000
Jun 22,950,000
Jul 22,652,500
Aug 22,185,000
Sep 21,819,500
Oct 23,783,000
Nov 23,375,000
7,870,780
4,732,580
9,177,880
9,671,580
9,623,580
6,463,880
4,735,580
6,488,080
6,458,080
9,636,580
4,737,580
6,458,280
15,419,220
18,047,420
14,299,120
14,510,920
13,921,420
16,486,120
17,916,920
15,696,920
15,361,420
14,146,420
18,637,420
17,613,720
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
8,373,675
11,001,875
7,253,575
7,465,375
6,875,875
9,440,575
10,871,375
8,651,375
8,315,875
7,100,875
11,591,875
10,568,175
8,373,675
11,001,875
7,253,575
7,465,375
6,875,875
9,440,575
10,871,375
8,651,375
8,315,875
7,100,875
11,591,875
-38,655,825
8,373,675
11,001,875
7,253,575
7,465,375
6,875,875
9,440,575
10,871,375
8,651,375
8,315,875
7,100,875
11,591,875
-38,655,825
49,224,000
Interest exp
EBT
Dec 24,072,000
Taxes (30%) Net inc.
140 Statement of Cash Flow The Fame Co, Ltd. For The Year Ened December 31, 2015
Period OPERATION ACTIVITIES
Jan
Net income
8,373,675
11,001,875
7,045,545
7,045,545
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
7,253,575
7,465,375
6,875,875
9,440,575
10,871,375
8,651,375
8,315,875
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
Oct
Nov
Dec
7,100,875
11,591,875
-38,655,825
7,045,545
7,045,545
Add (Sources of cash)
Depreciation Increase in A/P
7,045,545 -175,800,000
Subtract (Uses of cash)
Increase in A/R
9,243,244
8,657,543
9,086,432
7,754,345
6 ,542,345
9,255,000
8 ,965,675
7,856,951
6,25 8,951
5,852,156
10,156,982
9,85 2,987
Net cash provide by ops.
6,175,976
9,38 9,877
5,21 2,688
6,756,575
7,379,075
7,2 31,120
8,95 1,245
7,839 ,969
9,102,469
8,294,264
8,48 0,438
-217,263,267
1,758,545,530
93,646,830
93,032,830
648,830
575430
985,662
682,354
687,654
357,658
692,654
687,321
254,658
Increase in notes payable
35,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
5,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
Increase long-term debt
25,000,000
23,000,000
22,000,000
21,000,000
19,000,000
18,000,000
16,700,000
15,400,000
14,100,000
12,800,000
11,500,000
10,200,000
Net cash from financing
60,000,000
53,000,000
47,000,000
41,000,000
34,000,000
28,000,000
21,700,000
45,400,000
39,100,000
32,800,000
26,500,000
20,200,000
1,824,721,506
156,036,707
145,245,518
48,405,405
41,954,505
36,216,782
31,333,599
53,927,623
48,560,127
41,786,918
35,667,759
-196,808,609
1,824,721,506
1,980,758,213
2,126,003,731
2,174,409,136
2,216,363,641
2,252,580,423
2,283,914,022
2,337,841,645
2,386,401,772
2,428,188,690
1,824,721,506
1,980,758,213
2,126,003,731
2,174,409,136
2,216,363,641
2,252,580,423
2,283,914,022
2,337,841,645
2,386,401,772
2,428,188,690
2,463,856,449
2,267,047,840
INVESTING ACTIVITIES
Investment in fixed assets
FINANCIING ACTIVITIES
NET CHANGE IN CASH
Plus: Cash at beginning of year Cash at the end of year
2,463,8
141
Sales decrease by 15%: Year 2016 Statement of Income The Fame Co, Ltd. For the Year End December
Jan Sale Other exp
EBITDA Depre&Amort EBIT
27,310,500
Feb 268,175,000
Mar 27,242,500
Apr 28,645,000
May 28,092,500
Jun 27,684,500
Jul 27,225,500
Aug 26,945,000
Sep 26,316,000
Oct 27,608,000
Nov 27,081,000
7,870,780
4,732,580
9,177,880
9,671,580
9,623,580
6,463,880
4,735,580
6,488,080
6,458,080
9,636,580
4,737,580
6,458,280
19,439,720
263,442,420
18,064,620
18,973,420
18,468,920
21,220,620
22,489,920
20,456,920
19,857,920
17,971,420
22,343,420
17,341,720
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
12,394,175
256,396,875
11,019,075
11,927,875
11,423,375
14,175,075
15,444,375
13,411,375
12,812,375
10,925,875
15,297,875
10,296 ,175
12,394,175
256,396,875
11,019,075
11,927,875
11,423,375
14,175,075
15,444,375
13,411,375
12,812,375
10,925,875
15,297,875
-32,774,825
12,394,175
256,396,875
11,019,075
11,927,875
11,423,375
14,175,075
15,444,375
13,411,375
12,812,375
10,925,875
15,297,875
-32,774,825
43,071,000
Interest exp
EBT
Dec 23,800,000
Taxes (30%) Net inc.
142 Statement of Cash Flow The Fame Co, Ltd. For The Year Ened December 31, 2016
Period
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
-32,774,825
OPERATION ACTIVITIES
Net income
12,394,175
256,396,875
11,019 ,075
11,927,875
11,42 3,375
14,175,075
15 ,444,375
13,411,375
12,8 12,375
10,925,875
15 ,297,875
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
Add (Sources of cash)
Depreciation Increase in A/P
7,045,545 -175,800,000
Subtract (Uses of cash)
Increase in A/R
9,243,244
8,657,543
9,086,432
7,75 4,345
6,542,345
9,255,000
8,965,675
7,856,951
6,258,951
5,85 2,156
10,156,982
9,852,987
10,196,476
254,784,877
8,978,188
11,21 9,075
11,926,575
11,96 5,620
13,524,245
12,599 ,969
13,598,969
12,11 9,264
12,186,438
-211,382,267
1,758,545,530
93,646,830
93,032,830
648,830
575430
985,662
682,354
687,654
357,658
692,654
687,321
254,658
Increase in notes payable
35,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
5,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
Increase long-term debt
25,000,000
23,000,000
22,000,000
21,000,000
19,000,000
18,000,000
16,700,000
15,400,000
14,100,000
12,800,000
11,500,000
10,200,000
Net cash from financing
60,000,000
53,000,000
47,000,000
41,000,000
34,000,000
28,000,000
21,700,000
45,400,000
39,100,000
32,800,000
26,500,000
20,200,000
Net cash provide by ops.
INVESTING ACTIVITIES
Investment in fixed assets
FINANCIING ACTIVITIES
NET CHANGE IN CASH
1,828,742,006
Plus: Cash at beginning of year Cash at the end of year
1,828,742,006
401,431,707
149,011,018
52,867,905
46,502,005
40,951,282
35,906,599
58,687,623
53,056,627
45,611,918
39,373,759
-190,927,609
1,828,742,006
2,230,173,713
2,379,184,731
2,432,052,636
2,478,554,641
2,519,505,923
2,555,412,522
2,614,100,145
2,667,156,772
2,712,768,690
2,752,142,449
2,230,173,713
2,379,184,731
2,432,052,636
2,478,554,641
2,519,505,923
2,555,412,522
2,614,100,145
2,667,156,772
2,712,768,690
2,752,142,449
2,561,214,840
143
Sales decrease by 15%: Year 2017 Statement of Income The Fame Co, Ltd. For the Year End December
Jan
Feb
Mar
Apr
May
Jun
Ju l
Aug
Sep
Oct
Nov
Dec
31,747,500
31,025,000
31,875,000
32,878,000
32,385,000
31,960,000
31,365,000
30,855,000
30,387,500
31,407,500
30,958,700
Other exp
7,870,780
4,732,580
9,177,880
9,671,580
9,623,580
6,463,880
4,735,580
6,488,080
6,458,080
9,636,580
4,737,580
6,458,280
EBITDA
23,876,720
26,292,420
22,697,120
23,206,420
22,761,420
25,496,120
26,629,420
24,366,920
23,929,420
21,770,920
26,221,120
22,977,220
Sale
Depre&Amort EBIT
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
16,831,175
19,246,875
15,651,575
16,160,875
15,715,875
18,450,575
19,583,875
17,321,375
16,883,875
14,725,375
19,175,575
15,931,675
16,831,175
19,246,875
15,651,575
16,160,875
15,715,875
18,450,575
19,583,875
17,321,375
16,883,875
14,725,375
19,175,575
-20,986,325
16,831,175
19,246,875
15,651,575
16,160,875
15,715,875
18,450,575
19,583,875
17,321,375
16,883,875
14,725,375
19,175,575
-20,986,325
36,918,000.00
Interest exp
EBT
29,435,500
Taxes (30%) Net inc.
144 Statement of Cash Flow The Fame Co, Ltd. For The Year Ened December 31, 2013
Period OPERATION ACTIVITIES Net income
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
-20,986,325
16,831,175
19,246,875
15,65 1,575
16,160,875
15,715,875
18,450,575
19,583,875
17,32 1,375
16,883,875
14,725,375
19,175,575
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
Add (Sources of cash)
Depreciation Increase in A/P
7,045,545 -175,800,000
Subtract (Uses of cash)
Increase in A/R
9,243,244
8,657,543
9 ,086,432
7,754,345
6,542 ,345
9,255,000
8,965,675
7,85 6,951
6,258,951
5,852,156
10,156,982
9,852 ,987
14,633,476
17,63 4,877
13,610,688
15,4 52,075
16,219,075
1 6,241,120
17,663,745
1 6,509,969
17,670 ,469
15,918,764
16,064 ,138
-199,593,767
1,758,545,530
93,646,830
93,032,830
648,830
985,662
682,354
687,654
357,658
692,654
687,321
254,658
Increase in notes payable
35,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
5,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
Increase long-term debt
25,000,000
23,000,000
22,000,000
21,000,000
19,000,000
18,000,000
16,700,000
15,400,000
14,100,000
12,800,000
11,500,000
10,200,000
Net cash from financing
60,000,000
53,000,000
47,000,000
41,000,000
34,000,000
28,000,000
21,700,000
45,400,000
39,100,000
32,800,000
26,500,000
20,200,000
1,833,179,006
164,281,707
Net cash provide by ops.
INVESTING ACTIVITIES
Investment in fixed assets
575,430.00
FINANCIING ACTIVITIES
NET CHANGE IN CASH
Plus: Cash at beginning of year Cash at the end of year
1,833,179,006
1,997,460,713
153,643,518
57,100,905
50,794,505
45,226,782
40,046,099
62,597,623
57,128,127
49,411,418
43,251,459
-179,139,109
1,833,179,006
1,997,460,713
2,151,104,231
2,208,205,136
2,258,999,641
2,304,226,423
2,344,272,522
2,406,870,145
2,463,998,272
2,513,409,690
2,151,104,231
2,208,205,136
2,258,999,641
2,304,226,423
2,344,272,522
2,406,870,145
2,463,998,272
2,513,409,690
2,556,661,149
2,377,522,040
145
Interest increase by 5%: Year 2013 Statement of Income The Fame Co, Ltd. For the Year End December
Jan Sale Other exp
EBITDA Depre&Amort EBIT
22,200,000
Feb 21,150,000
Mar
Apr
May
21,610,000
22,450,000
21,750,000
Jun 21,030,000
Jul 20,530,000
Aug 19,670,000
Sep
Oct
19,400,000
21,650,000
Nov 20,700,000
8,264,319
4,96 9,209
9,636,774
10,155,159
10,104,759
6 ,787,074
4,972,359
6 ,812,484
6,780 ,984
10,118,409
4,97 4,459
6,781,194
13,935,681
16,180,791
11,973,226
12,294,841
11,645,241
14,242,926
15,557,641
12,857,516
12,619,016
11,531,591
15,725,541
14,748,806
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
6,890,136
9,135,246
4,927,681
5,249,296
4,599,696
7,197,381
8,512,096
5,811,971
5,573,471
4,486,046
8,679,996
7,703,261
6,890,136
9,135,246
4,927,681
5,249,296
4,599,696
7,197,381
8,512,096
5,811,971
5,573,471
4,486,046
8,679,996
-56,903,239
6,890,136
9,135,246
4,927,681
5,249,296
4,599,696
7,197,381
8,512,096
5,811,971
5,573,471
4,486,046
8,679,996
-56,903,239
64,606,500
Interest exp
EBT
Dec 21,530,000
Taxes (35%) Net inc.
146 Statement of Cash Flow The Fame Co, Ltd. For The Year Ened December 31, 2013
Period
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
OPERATION ACTIVITIES Net income
6,890,136
9,135,246
4,927,681
5,249,296
4,599,696
7,197,381
8,512,096
5,811,971
5,573,471
4,486,046
8,679,996
-56,903,239
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
0
0
0
0
Increase in A/R
9,243,244
8,657,543
9,086,432
7,754,345
6,542,345
9,255,000
8,965,675
7,856,951
6,258,951
5,852,156
10,156,982
9,852,987
Net cash provide by ops.
4,692,437
7,523,248
2,886,794
4,540,496
5,102,896
4,987,926
6,591,966
5,000,565
6,360,065
5,679,435
5,568,559
-235,510,681
1,758,545,530
93,646,830
93,032,830
648,830
575430
985,662
682,354
687,654
357,658
692,654
687,321
Add (Sources of cash) Depreciation Increase in A/P
0
0
0
0
0
0
0
7,045,545 -175,800,000
Subtract (Uses of cash)
INVESTING ACTIVITIES Investment in fixed assets
254,658
FINANCIING ACTIVITIES Increase in notes payable
35,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
5,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
Increase long-term debt
25,000,000
23,000,000
22,000,000
21,000,000
19,000,000
18,000,000
16,700,000
15,400,000
14,100,000
12,800,000
11,500,000
10,200,000
Net cash from financing NET CHANGE IN CASH
60,000,000
53,000,000
47,000,000
41,000,000
34,000,000
28,000,000
21,700,000
45,400,000
39,100,000
32,800,000
26,500,000
20,200,000
1,823,237,967
154,170,078
142,919,624
46,189,326
39,678,326
33,973,588
28,974,320
51,088,219
45,817,723
39,172,089
32,755,880
-215,056,023
1,823,237,967
1,977,408,045
2,120,327,669
2,166,516,995
2,206,195,321
2,240,168,909
2,269,143,229
2,320,231,448
2,366,049,171
2,405,221,260
2,437,977,140
1,977,408,045
2,120,327,669
2,166,516,995
2,206,195,321
2,240,168,909
2,269,143,229
2,320,231,448
2,366,049,171
2,405,221,260
2,437,977,140
2,222,921,117
Plus: Cash at beginning of year Cash at the end of year
1,823,237,967
147
Interest increase by 5%: Year 2014 Statement of Income The Fame Co, Ltd. For the Year End December
Jan Sale Other exp
EBITDA Depre&Amort EBIT
24,250,000
Feb 23,230,000
Mar
Apr
May
23,780,000
24,600,000
23,930,000
Jun 23,200,000
Jul 22,900,000
Aug 22,530,000
Sep
Oct
22,260,000
23,650,000
Nov 23,110,000
8,264,319
4,969,209
9,636,774
10,155,159
10,104,759
6,787,074
4,97 2,359
6,812,484
6,780,984
10,118,409
4,974,4 59
6,781,194
15,985,681
18,260,791
14,143,226
14,444,841
13,825,241
16,412,926
17,927,641
15,717,516
15,479,016
13,531,591
18,135,541
16,578,806
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
8,940,136
11,215,246
7,097,681
7,399,296
6,779,696
9,367,381
10,882,096
8,671,971
8,433,471
6,486,046
11,089,996
9,533,261
8,940,136
-46,930,604
7,097,681
7,399,296
6,779,696
9,367,381
10,882,096
8,671,971
8,433,471
6,486,046
11,089,996
-48,612,589
8,940,136
-46,930,604
7,097,681
7,399,296
6,779,696
9,367,381
10,882,096
8,671,971
8,433,471
6,486,046
11,089,996
-48,612,589
58,145,850
Interest exp
EBT
Dec 23,360,000
Taxes (35%) Net inc.
148 Statement of Cash Flow The Fame Co, Ltd. For The Year Ened December 31, 2014
Period
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
-48,612,589
OPERATION ACTIVITIES Net income
8,940,136
-46,930,604
7,097,681
7,399,296
6,779,696
9,367,381
10,882,096
8,671,971
8,433,471
6,486,046
11,089,996
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
Add (Sources of cash) Depreciation Increase in A/P
7,045,545 -175,800,000
Subtract (Uses of cash) Increase in A/R
9,243,244
8,657,543
9,086,432
7,754,345
6,542,345
9,255,000
8,965,675
7,856,951
6,258,951
5,852,156
10,156,982
9,852,987
Net cash provide by ops.
6,742,437
-48,542,602
5,056,794
6,690,496
7,282,896
7,157,926
8,961,966
7,860,565
9,220,065
7,679,435
7,978,559
-227,220,031
1,758,545,530
93,646,830
93,032,830
648,830
575430
985,662
682,354
687,654
357,658
692,654
687,321
254,658
Increase in notes payable
35,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
5,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
Increase long-term debt
25,000,000
23,000,000
22,000,000
21,000,000
19,000,000
18,000,000
16,700,000
15,400,000
14,100,000
12,800,000
11,500,000
10,200,000
Net cash from financing
60,000,000
53,000,000
47,000,000
41,000,000
34,000,000
28,000,000
21,700,000
45,400,000
39,100,000
32,800,000
26,500,000
20,200,000
1,825,287,967
98,104,228
145,089,624
48,339,326
41,858,326
36,143,588
31,344,320
53,948,219
48,677,723
41,172,089
35,165,880
-206,765,373
1,825,287,967
1,923,392,195
2,068,481,819
2,116,821,145
2,158,679,471
2,194,823,059
2,226,167,379
2,280,115,598
2,328,793,321
2,369,965,410
2,405,131,290
1,923,392,195
2,068,481,819
2,116,821,145
2,158,679,471
2,194,823,059
2,226,167,379
2,280,115,598
2,328,793,321
2,369,965,410
2,405,131,290
2,198,365,917
INVESTING ACTIVITIES Investment in fixed assets
FINANCIING ACTIVITIES
NET CHANGE IN CASH Plus: Cash at beginning of year Cash at the end of year
1,825,287,967
149
Interest increase by 5%: Year 2015 Statement of Income The Fame Co, Ltd. For the Year End December
Jan Sale Other exp
EBITDA Depre&Amort EBIT
27,400,000
Feb 26,800,000
Mar
Apr
May
27,620,000
28,450,000
27,700,000
Jun 27,200,000
Jul 26,650,000
Aug 26,100,000
Sep
Oct
25,670,000
27,980,000
Nov 27,500,000
8,264,319
4,969 ,209
9,636,774
10,155,159
10,104,759
6,78 7,074
4,972,359
6 ,812,484
6,780 ,984
10,118,409
4,97 4,459
6,781,194
19,135,681
21,830,791
17,983,226
18,294,841
17,595,241
20,412,926
21,677,641
19,287,516
18,889,016
17,861,591
22,525,541
21,538,806
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
12,090,136
14,785,246
10,937,681
11,249,296
10,549,696
13,367,381
14,632,096
12,241,971
11,843,471
10,816,046
15,479,996
14,49 3,261
12,090,136
14,785,246
10,937,681
11,249,296
10,549,696
13,367,381
14,632,096
12,241,971
11,843,471
10,816,046
15,479,996
-37,191,939
12,090,136
14,785,246
10,937,681
11,249,296
10,549,696
13,367,381
14,632,096
12,241,971
11,843,471
10,816,046
15,479,996
-37,191,939
51,685,200
Interest exp
EBT
Dec 28,320,000
Taxes (30%) Net inc.
150 Statement of Cash Flow The Fame Co, Ltd. For The Year Ened December 31, 2015
Period
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
-37,191,939
OPERATION ACTIVITIES Net income
12,090,136
14,785,246
10,937,681
11,249,296
10,549,696
13,367,381
14,632,096
12,241,971
11,843,471
10,816,046
15,479,996
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
Add (Sources of cash) Depreciation Increase in A/P
7,045,545 -175,800,000
Subtract (Uses of cash) Increase in A/R
9,243,244
8,657,543
9,086,432
7,754,345
6,542,345
9,255,000
8,965,675
7,856,951
6,258,951
5,852,156
10,156,982
9,852,987
Net cash provide by ops.
9,892,437
13,173,248
8,896,794
10,540,496
11,052,896
11,157,926
12,711,966
11,430,565
12,630,065
12,009,435
12,368,559
-215,799,381
1,758,545,530
93,646,830
93,032,830
648,830
575430
985,662
682,354
Increase in notes payable
35,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
Increase long-term debt
25,000,000
23,000,000
22,000,000
21,000,000
19,000,000
18,000,000
Net cash from financing
60,000,000
53,000,000
47,000,000
41,000,000
34,000,000
28,000,000
1,828,437,967
159,820,078
148,929,624
52,189,326
45,628,326
1,828,437,967
1,988,258,045
2,137,187,669
1,988,258,045
2,137,187,669
2,189,376,995
INVESTING ACTIVITIES Investment in fixed assets
687,654
357,658
692,654
687,321
254,658
5,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
16,700,000
15,400,000
14,100,000
12,800,000
11,500,000
10,200,000
21,700,000
45,400,000
39,100,000
32,800,000
26,500,000
20,200,000
40,143,588
35,094,320
57,518,219
52,087,723
45,502,089
39,555,880
-195,344,723
2,189,376,995
2,235,005,321
2,275,148,909
2,310,243,229
2,367,761,448
2,419,849,171
2,465,351,260
2,504,907,140
2,235,005,321
2,275,148,909
2,310,243,229
2,367,761,448
2,419,849,171
2,465,351,260
2,504,907,140
2,309,562,417
FINANCIING ACTIVITIES
NET CHANGE IN CASH Plus: Cash at beginning of year Cash at the end of year
1,828,437,967
151
Interest increase by 5%: Year 2016 Statement of Income The Fame Co, Ltd. For the Year End December
Jan Sale Other exp
EBITDA Depre&Amort EBIT
32,130,000
Feb 31,550,000
Mar
Apr
May
32,050,000
33,700,000
33,050,000
Jun 32,570,000
Jul 32,030,000
Aug 31,700,000
Sep
Oct
30,960,000
32,480,000
Nov 31,860,000
8,264,319
4,96 9,209
9,636,774
10,155,159
10,104,759
6 ,787,074
4,972,359
6,812,484
6,78 0,984
10,118,409
4,97 4,459
6,781,194
23,865,681
26,580,791
22,413,226
23,544,841
22,945,241
25,782,926
27,057,641
24,887,516
24,179,016
22,361,591
26,885,541
21,218,806
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
16,820,136
19,535,246
15,367,681
16,499,296
15,899,696
18,737,381
20,012,096
17,841,971
17,133,471
15,316,046
19,839,996
14 ,173,261
16,820,136
19,535,246
15,367,681
16,499,296
15,899,696
18,737,381
20,012,096
17,841,971
17,133,471
15,316,046
19,839,996
-31,051,289
16,820,136
19,535,246
15,367,681
16,499,296
15,899,696
18,737,381
20,012,096
17,841,971
17,133,471
15,316,046
19,839,996
-31,051,289
45,224,550
Interest exp
EBT
Dec 28,000,000
Taxes (30%) Net inc.
152 Statement of Cash Flow The Fame Co, Ltd. For The Year Ened December 31, 2016
Period
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
No v
Dec
-31,051,289
OPERATION ACTIVITIES
Net income
16,820,136
19,535,246
15,367 ,681
16,499,296
15,899,696
18,737,381
20,012,096
17,84 1,971
17,133,471
15,316,046
19,839,996
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
Add (Sources of cash)
Depreciation Increase in A/P
7,045,545 -175,800,000
Subtract (Uses of cash)
Increase in A/R
9,243,244
8,657,543
9,086,432
7,75 4,345
6,542,345
9,255,000
8,965,675
7,856 ,951
6,258,951
5,852,156
10,156,982
9,852,9 87
14,622,437
17,92 3,248
13,326,794
15 ,790,496
16,402,896
16 ,527,926
18,091,966
1 7,030,565
17,920 ,065
16,509,435
16,728 ,559
-209,658,731
1,758,545,530
93,646,830
93,032,830
648,830
575430
985,662
682,354
687,654
357,658
692,654
687,321
254,658
Increase in notes payable
35,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
5,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
Increase long-term debt
25,000,000
23,000,000
22,000,000
21,000,000
19,000,000
1 8,000,000
16,700,000
15,400,000
14,100,000
1 2,800,000
1 1,500,000
10,200,000
Net cash from financing
60,000,000
53,000,000
47,000,000
41,000,000
34,000,000
28,000,000
21,700,000
45,400,000
39,100,000
32,800,000
26,500,000
20,200,000
Net cash provide by ops.
INVESTING ACTIVITIES
Investment in fixed assets
FINANCIING ACTIVITIES
NET CHANGE IN CASH
1,833,167,967
Plus: Cash at beginning of year Cash at the end of year
1,833,167,967
164,570,078
153,359,624
57,439,326
50,978,326
45,513,588
40,474,320
63,118,219
57,377,723
50,002,089
43,915,880
-189,204,073
1,833,167,967
1,997,738,045
2,151,097,669
2,208,536,995
2,259,515,321
2,305,028,909
2,345,503,229
2,408,621,448
2,465,999,171
2,516,001,260
2,559,917,140
1,997,738,045
2,151,097,669
2,208,536,995
2,259,515,321
2,305,028,909
2,345,503,229
2,408,621,448
2,516,001,260
2,559,917,140
2,370,713,067
2,465,999,171
153
Interest increase by 5%: Year 2017 Statement of Income The Fame Co, Ltd. For the Year End December
Jan Sale Other exp
EBITDA Depre&Amort EBIT
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
36,500,000
37,500,000
38,680,000
38,100,000
37,600,000
36,900,000
36,300,000
35,750,000
36,950,000
36,422,000
8,264,319
4,969,209
9,636,774
10,155,159
10,104,759
6,787,074
4,972,359
6,812,484
6,780,984
10,118,409
4,974,459
6,781,194
29,085,681
31,530,791
27,863,226
28,524,841
27,995,241
30,812,926
31,927,641
29,487,516
28,969,016
26,831,591
31,447,541
27,848,806
34,630,000
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
22,040,136
24,485,246
20,817,681
21,479,296
20,949,696
23,767,381
24,882,096
22,441,971
21,923,471
19,786,046
24,401,996
20,803,261
22,040,136
24,485,246
20,817,681
21,479,296
20,949,696
23,767,381
24,882,096
22,441,971
21,923,471
19,786,046
24,401,996
-17,960,639
22,040,136
24,485,246
20,817,681
21,479,296
20,949,696
23,767,381
24,882,096
22,441,971
21,923,471
19,786,046
24,401,996
-17,960,639
38,763,900.00
Interest exp
EBT
Dec
37,350,000
Taxes (30%) Net inc.
154 Statement of Cash Flow The Fame Co, Ltd. For The Year Ened December 31, 2017
Period OPERATION ACTIVITIES Net income
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
-17,960,639
22,040,136
24,485,246
20,817 ,681
21,479,296
20,949,696
23,767,381
24,882,096
22,44 1,971
21,923,471
19,786,046
24,401,996
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
Add (Sources of cash)
Depreciation Increase in A/P
7,045,545 -175,800,000
Subtract (Uses of cash)
Increase in A/R
9,243,244
8,657,543
9,08 6,432
7,754,345
6,542 ,345
9,255,000
8,965,675
7,85 6,951
6,258,951
5,852,156
10,156,982
9,852,987
19,842,437
22,87 3,248
18,776,794
20,7 70,496
21,452,896
21,5 57,926
22,961,966
2 1,630,565
22,710,065
2 0,979,435
21,290 ,559
-196,568,081
1,758,545,530
93,646,830
93,032,830
648,830
985,662
682,354
687,654
357,658
692,654
687,321
254,658
Increase in notes payable
35,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
5,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
Increase long-term debt
25,000,000
23,000,000
22,000,000
21,000,000
19,000,000
18,000,000
16,700,000
15,400,000
14,100,000
12,800,000
11,500,000
10,200,000
Net cash from financing
60,000,000
53,000,000
47,000,000
41,000,000
34,000,000
28,000,000
21,700,000
45,400,000
39,100,000
32,800,000
26,500,000
20,200,000
1,838,387,967
169,520,078
Net cash provide by ops.
INVESTING ACTIVITIES
Investment in fixed assets
575,430.00
FINANCIING ACTIVITIES
NET CHANGE IN CASH
Plus: Cash at beginning of year Cash at the end of year
1,838,387,967
2,007,908,045
158,809,624
62,419,326
56,028,326
50,543,588
45,344,320
67,718,219
62,167,723
54,472,089
48,477,880
-176,113,423
1,838,387,967
2,007,908,045
2,166,717,669
2,229,136,995
2,285,165,321
2,335,708,909
2,381,053,229
2,448,771,448
2,510,939,171
2,565,411,260
2,166,717,669
2,229,136,995
2,285,165,321
2,335,708,909
2,381,053,229
2,448,771,448
2,510,939,171
2,565,411,260
2,613,889,140
2,437,775,717
2,613,889,
155
Interest increase by 10%: Year 2013 Statement of Income The Fame Co, Ltd. For the Year End December
Jan Sale Other exp
EBITDA Depre&Amort EBIT
22,200,000
Feb 21,150,000
Mar 21,610,000
Apr 22,450,000
May 21,750,000
Jun 21,030,000
Jul 20,530,000
Aug 19,670,000
Sep 19,400,000
Oct 21,650,000
Nov 20,700,000
7,870,780
4,732,580
9,177,880
9,671,580
9,623,580
6,463,880
4,735,580
6,488,080
6,458,080
9,636,580
4,737,580
6,458,280
14,329,220
16,417,420
12,432,120
12,778,420
12,126,420
14,566,120
15,794,420
13,181,920
12,941,920
12,013,420
15,962,420
15,071,720
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,283,675
9,371,875
5,386,575
5,732,875
5,080,875
7,520,575
8,748,875
6,136,375
5,896,375
4,967,875
8,916,875
8,02 6,175
7,283,675
9,371,875
5,386,575
5,732,875
5,080,875
7,520,575
8,748,875
6,136,375
5,896,375
4,967,875
8,916,875
-53,503,825
7,283,675
9,371,875
5,386,575
5,732,875
5,080,875
7,520,575
8,748,875
6,136,375
5,896,375
4,967,875
8,916,875
-53,503,825
61530000
Interest exp
EBT
Dec 21,530,000
Taxes (35%) Net inc.
156 Statement of Cash Flow The Fame Co, Ltd. For The Year Ened December 31, 2013
Period OPERATION ACTIVITIES Net income
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
No v
Dec
7,283,675
9,371 ,875
5,386,575
5,732,875
5,080,875
7,520 ,575
8,748,875
6,136 ,375
5,896,375
4,967,875
8,916,875
-53,503,825
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
0
0
0
0
0
0
0
0
0
0
0
-175,800,000
Add (Sources of cash)
Depreciation Increase in A/P Subtract (Uses of cash)
Increase in A/R
9,243,244
8,657,543
9,086 ,432
7,754,345
6,542,345
9,25 5,000
8,965,675
7,856,951
6,258 ,951
5,852,156
10,156,982
9,852 ,987
Net cash provide by ops.
5,085,976
7 ,759,877
3,345 ,688
5,024,075
5,584,075
5 ,311,120
6,82 8,745
5,324 ,969
6,682,969
6,161,264
5 ,805,438
-232,111,267
1,758,545,53 0
93,646,830
93,032,830
648,830
575430
985,662
682,354
687,654
357,658
692,654
687,321
254,658
Increase in notes payable
35,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
5,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
Increase long-term debt
25,000,000
23,000,000
22,000,000
21,000,000
19,000,000
18,000,000
16,700,000
15,400,000
14,100,000
12,800,000
11,500,000
10,200,000
60,000,000 1,823,631,50 6
53,000,000
47,000,000
41,000,000
34,000,000
28,000,000
21,700,000
45,400,000
39,100,000
32,800,000
26,500,000
20,200,000
154,406,707
1,823,631,50 6
1,978,038,21 3
143,378,518 1,823,631,50 6 2,121,416,73 1
46,672,905 1,978,038,21 3 2,168,089,63 6
40,159,505 2,121,416,73 1 2,208,249,14 1
34,296,782 2,168,089,63 6 2,242,545,92 3
29,211,099 2,208,249,14 1 2,271,757,02 2
51,412,623 2,242,545,92 3 2,323,169,64 5
46,140,627 2,271,757,02 2 2,369,310,27 2
39,653,918 2,323,169,64 5 2,408,964,19 0
32,992,759 2,369,310,27 2 2,441,956,94 9
-211,656,609 2,408,964,19 0 2,230,300,34 0
INVESTING ACTIVITIES
Investment in fixed assets
FINANCIING ACTIVITIES
Net cash from financing NET CHANGE IN CASH
Plus: Cash at beginning of year Cash at the end of year
157
Interest increase by 10%: Year 2014 Statement of Income The Fame Co, Ltd. For the Year End December
Jan Sale Other exp
EBITDA Depre&Amort EBIT
24,250,000
Feb 23,230,000
Mar 23,780,000
Apr 24,600,000
May 23,930,000
Jun 23,200,000
Jul 22,900,000
Aug 22,530,000
Sep 22,260,000
Oct 23,650,000
Nov 23,110,000
7,870,780
4,732,580
9,177,880
9,671,580
9,623,580
6,463,880
4,735,580
6,488,080
6,458,080
9,636,580
4,737,580
6,458,280
16,379,220
18,497,420
14,602,120
14,928,420
14,306,420
16,736,120
18,164,420
16,041,920
15,801,920
14,013,420
18,372,420
16,901,720
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
9,333,675
11,451,875
7,556,575
7,882,875
7,260,875
9,690,575
11,118,875
8,996,375
8,756,375
6,967,875
11,326,875
9,856,175
9,333,675
-43,925,125
7,556,575
7,882,875
7,260,875
9,690,575
11,118,875
8,996,375
8,756,375
6,967,875
11,326,875
-45,520,825
9,333,675
-43,925,125
7,556,575
7,882,875
7,260,875
9,690,575
11,118,875
8,996,375
8,756,375
6,967,875
11,326,875
-45,520,825
55,377,000
Interest exp
EBT
Dec 23,360,000
Taxes (35%) Net inc.
158 Statement of Cash Flow The Fame Co, Ltd. For The Year Ened December 31, 2014
Period OPERATION ACTIVITIES Net income
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
-45,520,825
9,333,675
-43,925,125
7,556,575
7,882,875
7,260,875
9,690,575
11,118,875
8,996,375
8,756,375
6,967,875
11,326,875
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
Add (Sources of cash)
Depreciation Increase in A/P
7,045,545 -175,800,000
Subtract (Uses of cash)
Increase in A/R
9,243,244
8,657,543
9,08 6,432
7,754,345
6,542,345
9 ,255,000
8,965,675
7,856 ,951
6,258,951
5,852,156
10,156,982
9,852 ,987
Net cash provide by ops.
7,135,976
-45,537,123
5,515,688
7,174,075
7,764,075
7,481,120
9,198,745
8,184,969
9,542,969
8,161,264
8,215,438
-224,128,267
1,758,545,530
93,646,830
93,032,830
648,830
575430
985,662
682,354
687,654
357,658
692,654
687,321
254,658
Increase in notes payable
35,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
5,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
Increase long-term debt
25,000,000
23,000,000
22,000,000
21,000,000
19,000,000
18,000,000
16,700,000
15,400,000
14,100,000
12,800,000
11,500,000
10,200,000
Net cash from financing
60,000,000
53,000,000
47,000,000
41,000,000
34,000,000
28,000,000
21,700,000
45,400,000
39,100,000
32,800,000
26,500,000
20,200,000
1,825,681,506
101,109,707
INVESTING ACTIVITIES
Investment in fixed assets
FINANCIING ACTIVITIES
NET CHANGE IN CASH
Plus: Cash at beginning of year Cash at the end of year
1,825,681,506
1,926,791,213
145,548,518
48,822,905
42,339,505
36,466,782
31,581,099
54,272,623
49,000,627
41,653,918
35,402,759
-203,673,609
1,825,681,506
1,926,791,213
2,072,339,731
2,121,162,636
2,163,502,141
2,199,968,923
2,231,550,022
2,285,822,645
2,334,823,272
2,376,477,190
2,072,339,731
2,121,162,636
2,163,502,141
2,199,968,923
2,231,550,022
2,285,822,645
2,334,823,272
2,376,477,190
2,411,879,949
2,208,206,340
159
Interest increase by 10%: Year 2015 Statement of Income The Fame Co, Ltd. For the Year End December
Jan Sale Other exp
EBITDA Depre&Amort EBIT
27,400,000
Feb 26,800,000
Mar 27,620,000
Apr 28,450,000
May 27,700,000
Jun 27,200,000
Jul 26,650,000
Aug 26,100,000
Sep 25,670,000
Oct 27,980,000
Nov 27,500,000
7,870,780
4,732,580
9,177,880
9,671,580
9,623,580
6,463,880
4,735,580
6,488,080
6,458,080
9,636,580
4,737,580
6,458,280
19,529,220
22,067,420
18,442,120
18,778,420
18,076,420
20,736,120
21,914,420
19,611,920
19,211,920
18,343,420
22,762,420
21,861,720
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
12,483,675
15,021,875
11,396,575
11,732,875
11,030,875
13,690,575
14,868,875
12,566,375
12,166,375
11,297,875
15,716,875
14 ,816,175
12,483,675
15,021,875
11,396,575
11,732,875
11,030,875
13,690,575
14,868,875
12,566,375
12,166,375
11,297,875
15,716,875
-34,407,825
12,483,675
15,021,875
11,396,575
11,732,875
11,030,875
13,690,575
14,868,875
12,566,375
12,166,375
11,297,875
15,716,875
-34,407,825
49,224,000
Interest exp
EBT
Dec 28,320,000
Taxes (30%) Net inc.
160 Statement of Cash Flow The Fame Co, Ltd. For The Year Ened December 31, 2015
Period OPERATION ACTIVITIES Net income
Jan
Feb
Mar
Apr
May
Jun
J ul
Aug
Sep
Oct
Nov
Dec
-34,407,825
12,483,675
15,021,875
11,39 6,575
11,732,875
11,030,875
13,690,575
14,868,875
12,566 ,375
12,166,375
11,297,875
15,716,875
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
Add (Sources of cash)
Depreciation Increase in A/P
7,045,545 -175,800,000
Subtract (Uses of cash)
Increase in A/R
9,243,244
8,657 ,543
9,086,432
7,754,345
6,54 2,345
9,255,000
8,965,675
7,85 6,951
6,258,951
5,852,156
10,156,982
9,85 2,987
10,285,976
13,409,877
9,355,688
11,024,075
11,534,075
11,481 ,120
12,948,745
11,754,969
12,952,969
12,491,264
12,605 ,438
-213,015,267
1,758,545,530
93,646,830
93,032,830
648,830
575430
985,662
682,354
687,654
357,658
692,654
687,321
254,658
Increase in notes payable
35,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
5,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
Increase long-term debt
25,000,000
23,000,000
22,000,000
21,000,000
19,000,000
18,000,000
16,700,000
15,400,000
14,100,000
12,800,000
11,500,000
10,200,000
Net cash from financing
60,000,000
53,000,000
47,000,000
41,000,000
34,000,000
28,000,000
21,700,000
45,400,000
39,100,000
32,800,000
26,500,000
20,200,000
1,828,831,506
160,056,707
Net cash provide by ops.
INVESTING ACTIVITIES
Investment in fixed assets
FINANCIING ACTIVITIES
NET CHANGE IN CASH
Plus: Cash at beginning of year Cash at the end of year
1,828,831,506
1,988,888,213
149,388,518
52,672,905
46,109,505
40,466,782
35,331,099
57,842,623
52,410,627
45,983,918
39,792,759
-192,560,609
1,828,831,506
1,988,888,213
2,138,276,731
2,190,949,636
2,237,059,141
2,277,525,923
2,312,857,022
2,370,699,645
2,423,110,272
2,469,094,190
2,138,276,731
2,190,949,636
2,237,059,141
2,277,525,923
2,312,857,022
2,370,699,645
2,423,110,272
2,469,094,190
2,508,886,949
2,316,326,340
161
Interest increase by 10%: Year 2016 Statement of Income The Fame Co, Ltd. For the Year End December
Jan Sale Other exp
EBITDA Depre&Amort EBIT
32,130,000
Feb 31,550,000
Mar 32,050,000
Apr 33,700,000
May 33,050,000
Jun 32,570,000
Jul 32,030,000
Aug 31,700,000
Sep 30,960,000
Oct 32,480,000
Nov 31,860,000
7,870,780
4,732,580
9,177,880
9,671,580
9,623,580
6,463,880
4,735,580
6,488,080
6,458,080
9,636,580
4,737,580
6,458,280
24,259,220
26,817,420
22,872,120
24,028,420
23,426,420
26,106,120
27,294,420
25,211,920
24,501,920
22,843,420
27,122,420
21,541,720
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
17,213,675
19,771,875
15,826,575
16,982,875
16,380,875
19,060,575
20,248,875
18,166,375
17,456,375
15,797,875
20,076,875
14 ,496,175
17,213,675
19,771,875
15,826,575
16,982,875
16,380,875
19,060,575
20,248,875
18,166,375
17,456,375
15,797,875
20,076,875
-28,574,825
17,213,675
19,771,875
15,826,575
16,982,875
16,380,875
19,060,575
20,248,875
18,166,375
17,456,375
15,797,875
20,076,875
-28,574,825
43,071,000
Interest exp
EBT
Dec 28,000,000
Taxes (30%) Net inc.
162 Statement of Cash Flow The Fame Co, Ltd. For The Year Ened December 31, 2016
Period OPERATION ACTIVITIES Net income
Jan
Feb
Mar
Apr
May
Jun
J ul
Aug
Sep
Oct
Nov
Dec
-28,574,825
17,213,675
19,771,875
15,82 6,575
16,982,875
16,380,875
19,060,575
20,248,875
18,166 ,375
17,456,375
15,797,875
20,076,875
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
Add (Sources of cash)
Depreciation Increase in A/P
7,045,545 -175,800,000
Subtract (Uses of cash)
Increase in A/R
9,243,244
8,657 ,543
9,086,432
7,754,345
6,54 2,345
9,255,000
8,965,675
7,85 6,951
6,258,951
5,852,156
10,156,982
9,85 2,987
15,015,976
18,15 9,877
13,785,688
16,27 4,075
16,884,075
16 ,851,120
18,328,745
17 ,354,969
18,242 ,969
16,991,264
16,965 ,438
-207,182,267
1,758,545,530
93,646,830
93,032,830
648,830
575430
985,662
682,354
687,654
357,658
692,654
687,321
254,658
Increase in notes payable
35,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
5,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
Increase long-term debt
25,000,000
23,000,000
22,000,000
21,000,000
19,000,000
18,000,000
16,700,000
15,400,000
14,100,000
12,800,000
11,500,000
10,200,000
Net cash from financing
60,000,000
53,000,000
47,000,000
41,000,000
34,000,000
28,000,000
21,700,000
45,400,000
39,100,000
32,800,000
26,500,000
20,200,000
1,833,561,506
164,806,707
Net cash provide by ops.
INVESTING ACTIVITIES
Investment in fixed assets
FINANCIING ACTIVITIES
NET CHANGE IN CASH
Plus: Cash at beginning of year Cash at the end of year
1,833,561,506
1,998,368,213
153,818,518
57,922,905
51,459,505
45,836,782
40,711,099
63,442,623
57,700,627
50,483,918
44,152,759
-186,727,609
1,833,561,506
1,998,368,213
2,152,186,731
2,210,109,636
2,261,569,141
2,307,405,923
2,348,117,022
2,411,559,645
2,469,260,272
2,519,744,190
2,152,186,731
2,210,109,636
2,261,569,141
2,307,405,923
2,348,117,022
2,411,559,645
2,469,260,272
2,519,744,190
2,563,896,949
2,377,169,340
163
Interest increase by 10%: Year 2017 Statement of Income The Fame Co, Ltd. For the Year End December
Jan Sale Other exp
EBITDA Depre&Amort EBIT
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
36,500,000
37,500,000
38,680,000
38,100,000
37,600,000
36,900,000
36,300,000
35,750,000
36,950,000
36,422,000
7,870,780
4,732,580
9,177,880
9,671,580
9,623,580
6,463,880
4,735,580
6,488,080
6,458,080
9,636,580
4,737,580
6,458,280
29,479,220
31,767,420
28,322,120
29,008,420
28,476,420
31,136,120
32,164,420
29,811,920
29,291,920
27,313,420
31,684,420
28,171,720
34,630,000
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
22,433,675
24,721,875
21,276,575
21,962,875
21,430,875
24,090,575
25,118,875
22,766,375
22,246,375
20,267,875
24,638,875
21,126,175
22,433,675
24,721,875
21,276,575
21,962,875
21,430,875
24,090,575
25,118,875
22,766,375
22,246,375
20,267,875
24,638,875
-15,791,825
22,433,675
24,721,875
21,276,575
21,962,875
21,430,875
24,090,575
25,118,875
22,766,375
22,246,375
20,267,875
24,638,875
-15,791,825
36,918,000.00
Interest exp
EBT
Dec
37,350,000
Taxes (30%) Net inc.
164 Statement of Cash Flow The Fame Co, Ltd. For The Year Ened December 31, 2017
Period
Jan
Feb
Mar
Apr
May
Jun
J ul
Aug
Sep
Oct
Nov
Dec
-15,791,825
OPERATION ACTIVITIES
Net income
22,433,675
24,721,875
21,27 6,575
21,962,875
21,430,875
24,090,575
25,118,875
22,766 ,375
22,246,375
20,267,875
24,638,875
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
Add (Sources of cash)
Depreciation Increase in A/P
7,045,545 -175,800,000
Subtract (Uses of cash)
Increase in A/R
9,243,244
8,65 7,543
9,086 ,432
7,754,345
6 ,542,345
9,255 ,000
8,965,675
7,856,951
6,25 8,951
5,852,156
10,156,982
9,852,987
20,235,976
23,10 9,877
19,235,688
21,25 4,075
21,934,075
2 1,881,120
23,198,745
2 1,954,969
23,032 ,969
21,461,264
21,527 ,438
-194,399,267
1,758,545,530
93,646,830
93,032,830
648,830
985,662
682,354
687,654
357,658
692,654
687,321
254,658
10,000,000
Net cash provide by ops.
INVESTING ACTIVITIES
Investment in fixed assets
575,430.00
FINANCIING ACTIVITIES
Increase in notes payable
35,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
5,000,000
30,000,000
25,000,000
20,000,000
15,000,000
Increase long-term debt
25,000,000
23,000,000
22,000,000
21,000,000
19,000,000
18,000,000
16,700,000
15,400,000
14,100,000
12,800,000
11,500,000
10,200,000
Net cash from financing
60,000,000
53,000,000
47,000,000
41,000,000
34,000,000
28,000,000
21,700,000
45,400,000
39,100,000
32,800,000
26,500,000
20,200,000
NET CHANGE IN CASH 1,838,781,506
169,756,707
Plus: Cash at beginning of year Cash at the end of year
1,838,781,506
2,008,538,213
159,268,518
62,902,905
56,509,505
50,866,782
45,581,099
68,042,623
62,490,627
54,953,918
48,714,759
-173,944,609
1,838,781,506
2,008,538,213
2,167,806,731
2,230,709,636
2,287,219,141
2,338,085,923
2,383,667,022
2,451,709,645
2,514,200,272
2,569,154,190
2,167,806,731
2,230,709,636
2,287,219,141
2,338,085,923
2,383,667,022
2,451,709,645
2,514,200,272
2,569,154,190
2,617,868,949
2,443,924,340
165
Interest increase by 15%: Year 2013 Statement of Income The Fame Co, Ltd. For the Year End December
Jan Sale Other exp
EBITDA Depre&Amort EBIT
22,200,000
Feb 21,150,000
Mar 21,610,000
Apr 22,450,000
May 21,750,000
Jun 21,030,000
Jul 20,530,000
Aug 19,670,000
Sep 19,400,000
Oct 21,650,000
Nov 20,700,000
7,870,780
4,732,580
9,177,880
9,671,580
9,623,580
6,463,880
4,735,580
6,488,080
6,458,080
9,636,580
4,737,580
6,458,280
14,329,220
16,417,420
12,432,120
12,778,420
12,126,420
14,566,120
15,794,420
13,181,920
12,941,920
12,013,420
15,962,420
15,071,720
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,283,675
9,371,875
5,386,575
5,732,875
5,080,875
7,520,575
8,748,875
6,136,375
5,896,375
4,967,875
8,916,875
8,02 6,175
7,283,675
9,371,875
5,386,575
5,732,875
5,080,875
7,520,575
8,748,875
6,136,375
5,896,375
4,967,875
8,916,875
-62,733,325
7,283,675
9,371,875
5,386,575
5,732,875
5,080,875
7,520,575
8,748,875
6,136,375
5,896,375
4,967,875
8,916,875
-62,733,325
70759500
Interest exp
EBT
Dec 21,530,000
Taxes (35%) Net inc.
166 Statement of Cash Flow The Fame Co, Ltd. For The Year Ened December 31, 2013
Period
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
-62,733,325
OPERATION ACTIVITIES
Net income
7,283,675
9,371,875
5,386,575
5,732 ,875
5,080,875
7,520 ,575
8,748,875
6,136 ,375
5,896,375
4 ,967,875
8,916,875
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
0
0
0
0
0
0
0
0
0
0
0
-175,800,000
Increase in A/R
9,243,244
8,657 ,543
9,086,432
7,754,345
6,542 ,345
9,255,000
8,965,675
7,856 ,951
6,258,951
5,852,156
10,156,982
9,852,987
Net cash provide by ops.
5,085,976
7,75 9,877
3,345 ,688
5,024 ,075
5,584,075
5,311,120
6,828,745
5,32 4,969
6,68 2,969
6,16 1,264
5,805,438
-241,340,767
1,758,545,530
93,646,830
93,032,830
648,830
575430
985,662
682,354
687,654
357,658
692,654
687,321
254,658
10,000,000
Add (Sources of cash)
Depreciation Increase in A/P Subtract (Uses of cash)
INVESTING ACTIVITIES
Investment in fixed assets
FINANCIING ACTIVITIES
Increase in notes payable
35,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
5,000,000
30,000,000
25,000,000
20,000,000
15,000,000
Increase long-term debt
25,000,000
23,000,000
22,000,000
21,000,000
19,000,000
18,000,000
16,700,000
15,400,000
14,100,000
12,800,000
11,500,000
10,200,000
Net cash from financing
60,000,000
53,000,000
47,000,000
41,000,000
34,000,000
28,000,000
21,700,000
45,400,000
39,100,000
32,800,000
26,500,000
20,200,000
NET CHANGE IN CASH 1,823,631,506
154,406,707
Plus: Cash at beginning of year Cash at the end of year
1,823,631,506
1,978,038,213
143,378,518
46,672,905
40,159,505
34,296,782
29,211,099
51,412,623
46,140,627
39,653,918
32,992,759
-220,886,109
1,823,631,506
1,978,038,213
2,121,416,731
2,168,089,636
2,208,249,141
2,242,545,923
2,271,757,022
2,323,169,645
2,369,310,272
2,408,964,190
2,121,416,731
2,168,089,636
2,208,249,141
2,242,545,923
2,271,757,022
2,323,169,645
2,369,310,272
2,408,964,190
2,441,956,949
2,221,070,840
167
Interest increase by 15%: Year 2014 Statement of Income The Fame Co, Ltd. For the Year End December
Jan Sale Other exp
EBITDA Depre&Amort EBIT
24,250,000
Feb 23,230,000
Mar 23,780,000
Apr 24,600,000
May 23,930,000
Jun 23,200,000
Jul 22,900,000
Aug 22,530,000
Sep 22,260,000
Oct 23,650,000
Nov 23,110,000
7,870,780
4,732,580
9,177,880
9,671,580
9,623,580
6,463,880
4,735,580
6,488,080
6,458,080
9,636,580
4,737,580
6,458,280
16,379,220
18,497,420
14,602,120
14,928,420
14,306,420
16,736,120
18,164,420
16,041,920
15,801,920
14,013,420
18,372,420
16,901,720
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
9,333,675
11,451,875
7,556,575
7,882,875
7,260,875
9,690,575
11,118,875
8,996,375
8,756,375
6,967,875
11,326,875
9,856,175
9,333,675
-52,231,675
7,556,575
7,882,875
7,260,875
9,690,575
11,118,875
8,996,375
8,756,375
6,967,875
11,326,875
-53,827,375
9,333,675
-52,231,675
7,556,575
7,882,875
7,260,875
9,690,575
11,118,875
8,996,375
8,756,375
6,967,875
11,326,875
-53,827,375
63,683,550
Interest exp
EBT
Dec 23,360,000
Taxes (35%) Net inc.
168 Statement of Cash Flow The Fame Co, Ltd. For The Year Ened December 31, 2014
Period OPERATION ACTIVITIES Net income
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
-53,827,375
9,333,675
-52,231,675
7,556,575
7,882,875
7,260,875
9,690,575
11,118,875
8,996,375
8,756,375
6,967,875
11,326,875
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
Add (Sources of cash)
Depreciation Increase in A/P
7,045,545 -175,800,000
Subtract (Uses of cash)
Increase in A/R
9,243,244
8,657,543
9,08 6,432
7,754,345
6,542 ,345
9,255,000
8,965,675
7,85 6,951
6,258,951
5,852,156
10,156,982
9,852,987
Net cash provide by ops.
7,135,976
-53,843,673
5,515,688
7,174,075
7,764,075
7,481,120
9,198,745
8,184,969
9,542,969
8,161,264
8,215,438
-232,434,817
1,758,545,530
93,646,830
93,032,830
648,830
575430
985,662
682,354
687,654
357,658
692,654
687,321
254,658
Increase in notes payable
35,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
5,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
Increase long-term debt
25,000,000
23,000,000
22,000,000
21,000,000
19,000,000
18,000,000
16,700,000
15,400,000
14,100,000
12,800,000
11,500,000
10,200,000
Net cash from financing
60,000,000
53,000,000
47,000,000
41,000,000
34,000,000
28,000,000
21,700,000
45,400,000
39,100,000
32,800,000
26,500,000
20,200,000
1,825,681,506
92,803,157
INVESTING ACTIVITIES
Investment in fixed assets
FINANCIING ACTIVITIES
NET CHANGE IN CASH
Plus: Cash at beginning of year Cash at the end of year
1,825,681,506
1,918,484,663
145,548,518
48,822,905
4 2,339,505
36 ,466,782
31,58 1,099
54,27 2,623
49,000,627
41,653,918
35,402,759
-211,980,159
1,825,681,506
1,918,484,663
2,064,033,181
2,112,856,086
2,155,195,591
2,191,662,373
2,223,243,472
2,277,516,095
2,326,516,722
2,368,170,640
2,064,033,181
2,112,856,086
2,155,195,591
2,191,662,373
2,223,243,472
2,277,516,095
2,326,516,722
2,368,170,640
2,403,573,399
2,191,593,240
169
Interest increase by 15%: Year 2015 The Fame Co, Ltd. For the Year End December
Jan Sale Other exp
EBITDA Depre&Amort EBIT
27,400,000
Feb 26,800,000
Mar 27,620,000
Apr 28,450,000
May 27,700,000
Jun 27,200,000
Jul 26,650,000
Aug 26,100,000
Sep 25,670,000
Oct 27,980,000
Nov 27,500,000
7,870,780
4,732,580
9,177,880
9,671,580
9,623,580
6,463,880
4,735,580
6,488,080
6,458,080
9,636,580
4,737,580
6,458,280
19,529,220
22,067,420
18,442,120
18,778,420
18,076,420
20,736,120
21,914,420
19,611,920
19,211,920
18,343,420
22,762,420
21,861,720
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
12,483,675
15,021,875
11,396,575
11,732,875
11,030,875
13,690,575
14,868,875
12,566,375
12,166,375
11,297,875
15,716,875
14 ,816,175
12,483,675
15,021,875
11,396,575
11,732,875
11,030,875
13,690,575
14,868,875
12,566,375
12,166,375
11,297,875
15,716,875
-41,791,425
12,483,675
15,021,875
11,396,575
11,732,875
11,030,875
13,690,575
14,868,875
12,566,375
12,166,375
11,297,875
15,716,875
-41,791,425
56,607,600
Interest exp
EBT
Dec 28,320,000
Taxes (30%) Net inc.
170 Statement of Cash Flow The Fame Co, Ltd. For The Year Ened December 31, 2015
Period OPERATION ACTIVITIES Net income
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
-41,791,425
12,483,675
15,021,875
11,39 6,575
11,732,875
11,030,875
13,690,575
14,868,875
12,56 6,375
12,166,375
11,297,875
15,716,875
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
Add (Sources of cash)
Depreciation Increase in A/P
7,045,545 -175,800,000
Subtract (Uses of cash)
Increase in A/R
9,243,244
8,657,543
9 ,086,432
7,754,345
6,542 ,345
9,255,000
8,965,675
7,85 6,951
6,258,951
5,852,156
10,156,982
9,852 ,987
10,285,976
13,409,877
9,355,688
11,024,075
11,534,075
11,48 1,120
12,948,745
11,754,969
12,952,969
12,491,264
12,605 ,438
-220,398,867
1,758,545,530
93,646,830
93,032,830
648,830
575430
985,662
682,354
687,654
357,658
692,654
687,321
254,658
Increase in notes payable
35,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
5,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
Increase long-term debt
25,000,000
23,000,000
22,000,000
21,000,000
19,000,000
18,000,000
16,700,000
15,400,000
14,100,000
12,800,000
11,500,000
10,200,000
Net cash from financing
60,000,000
53,000,000
47,000,000
41,000,000
34,000,000
28,000,000
21,700,000
45,400,000
39,100,000
32,800,000
26,500,000
20,200,000
1,828,831,506
160,056,707
Net cash provide by ops.
INVESTING ACTIVITIES
Investment in fixed assets
FINANCIING ACTIVITIES
NET CHANGE IN CASH
Plus: Cash at beginning of year Cash at the end of year
1,828,831,506
1,988,888,213
149,388,518
52,672,905
46,109,505
40,466,782
35,331,099
57,842,623
52,410,627
45,983,918
39,792,759
-199,944,209
1,828,831,506
1,988,888,213
2,138,276,731
2,190,949,636
2,237,059,141
2,277,525,923
2,312,857,022
2,370,699,645
2,423,110,272
2,469,094,190
2,138,276,731
2,190,949,636
2,237,059,141
2,277,525,923
2,312,857,022
2,370,699,645
2,423,110,272
2,469,094,190
2,508,886,949
2,308,942,740
171
Interest increase by 15%: Year 2016 Statement of Income The Fame Co, Ltd. For the Year End December
Jan Sale Other exp
EBITDA Depre&Amort EBIT
32,130,000
Feb 31,550,000
Mar 32,050,000
Apr 33,700,000
May 33,050,000
Jun 32,570,000
Jul 32,030,000
Aug 31,700,000
Sep 30,960,000
Oct 32,480,000
Nov 31,860,000
7,870,780
4,732,580
9,177,880
9,671,580
9,623,580
6,463,880
4,735,580
6,488,080
6,458,080
9,636,580
4,737,580
6,458,280
24,259,220
26,817,420
22,872,120
24,028,420
23,426,420
26,106,120
27,294,420
25,211,920
24,501,920
22,843,420
27,122,420
21,541,720
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
17,213,675
19,771,875
15,826,575
16,982,875
16,380,875
19,060,575
20,248,875
18,166,375
17,456,375
15,797,875
20,076,875
14 ,496,175
17,213,675
19,771,875
15,826,575
16,982,875
16,380,875
19,060,575
20,248,875
18,166,375
17,456,375
15,797,875
20,076,875
-35,035,475
17,213,675
19,771,875
15,826,575
16,982,875
16,380,875
19,060,575
20,248,875
18,166,375
17,456,375
15,797,875
20,076,875
-35,035,475
49,531,650
Interest exp
EBT
Dec 28,000,000
Taxes (30%) Net inc.
172 Statement of Cash Flow The Fame Co, Ltd. For The Year Ened December 31, 2016
Period OPERATION ACTIVITIES Net income
Jan
Feb
Mar
Apr
May
Jun
J ul
Aug
Sep
Oct
Nov
Dec
-35,035,475
17,213,675
19,771,875
15,826,575
16,98 2,875
16,380,875
19,060,575
20,248,875
18,166 ,375
17,456,375
15,797,875
20,076,875
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
Add (Sources of cash)
Depreciation Increase in A/P
7,045,545 -175,800,000
Subtract (Uses of cash)
Increase in A/R
9,243,244
8,657 ,543
9,086,432
7,754,345
6,54 2,345
9,255,000
8,965,675
7,85 6,951
6,258,951
5,852,156
10,156,982
9,852,987
15,015,976
18,15 9,877
13,785,688
16,27 4,075
16,884,075
16,85 1,120
18,328,745
17 ,354,969
18,242,969
1 6,991,264
16,965 ,438
-213,642,917
1,758,545,530
93,646,830
93,032,830
648,830
575430
985,662
682,354
687,654
357,658
692,654
687,321
254,658
Increase in notes payable
35,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
5,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
Increase long-term debt
25,000,000
23,000,000
22,000,000
21,000,000
19,000,000
18,000,000
16,700,000
15,400,000
14,100,000
12,800,000
11,500,000
10,200,000
Net cash from financing
60,000,000
53,000,000
47,000,000
41,000,000
34,000,000
28,000,000
21,700,000
45,400,000
39,100,000
32,800,000
26,500,000
20,200,000
1,833,561,506
164,806,707
Net cash provide by ops.
INVESTING ACTIVITIES
Investment in fixed assets
FINANCIING ACTIVITIES
NET CHANGE IN CASH
Plus: Cash at beginning of year Cash at the end of year
1,833,561,506
1,998,368,213
153,818,518
57,922,905
51,459,505
45,836,782
40,711,099
63,442,623
57,700,627
50,483,918
44,152,759
-193,188,259
1,833,561,506
1,998,368,213
2,152,186,731
2,210,109,636
2,261,569,141
2,307,405,923
2,348,117,022
2,411,559,645
2,469,260,272
2,519,744,190
2,152,186,731
2,210,109,636
2,261,569,141
2,307,405,923
2,348,117,022
2,411,559,645
2,469,260,272
2,519,744,190
2,563,896,949
2,370,708,690
173
Interest increase by 15%: Year 2017 Statement of Income The Fame Co, Ltd. For the Year End December
Jan Sale Other exp
EBITDA Depre&Amort EBIT
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
36,500,000
37,500,000
38,680,000
38,100,000
37,600,000
36,900,000
36,300,000
35,750,000
36,950,000
36,422,000
7,870,780
4,732,580
9,177,880
9,671,580
9,623,580
6,463,880
4,735,580
6,488,080
6,458,080
9,636,580
4,737,580
6,458,280
29,479,220
31,767,420
28,322,120
29,008,420
28,476,420
31,136,120
32,164,420
29,811,920
29,291,920
27,313,420
31,684,420
28,171,720
34,630,000
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
22,433,675
24,721,875
21,276,575
21,962,875
21,430,875
24,090,575
25,118,875
22,766,375
22,246,375
20,267,875
24,638,875
21,126,175
22,433,675
24,721,875
21,276,575
21,962,875
21,430,875
24,090,575
25,118,875
22,766,375
22,246,375
20,267,875
24,638,875
-21,329,525
22,433,675
24,721,875
21,276,575
21,962,875
21,430,875
24,090,575
25,118,875
22,766,375
22,246,375
20,267,875
24,638,875
-21,329,525
42,455,700.00
Interest exp
EBT
Dec
37,350,000
Taxes (30%) Net inc.
174 Statement of Cash Flow The Fame Co, Ltd. For The Year Ened December 31, 2013
Period
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
-21,329,525
OPERATION ACTIVITIES
Net income
22,433,675
24,721,875
21,276,575
21 ,962,875
21,430,875
24,090,575
25,118,875
22,766,375
22,246 ,375
20,267,875
24,638,875
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
Add (Sources of cash)
Depreciation Increase in A/P
7,045,545 -175,800,000
Subtract (Uses of cash)
Increase in A/R
9,243,244
8,657,543
9,086,432
7,75 4,345
6,542,345
9,255,000
8,965,675
7,856,951
6,258,951
5,85 2,156
10,156,982
9,852,987
20,235,976
23,10 9,877
19,235,688
21 ,254,075
21,934,075
21 ,881,120
23,198,745
21,95 4,969
23,032,969
21 ,461,264
21,527,438
-199,936,967
1,758,545,530
93,646,830
93,032,830
648,830
985,662
682,354
687,654
357,658
692,654
687,321
254,658
Increase in notes payable
35,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
5,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
Increase long-term debt
25,000,000
23,000,000
22,000,000
21,000,000
19,000,000
18,000,000
16,700,000
15,400,000
14,100,000
12,800,000
11,500,000
10,200,000
Net cash from financing
60,000,000
53,000,000
47,000,000
41,000,000
34,000,000
28,000,000
21,700,000
45,400,000
39,100,000
32,800,000
26,500,000
20,200,000
Net cash provide by ops.
INVESTING ACTIVITIES
Investment in fixed assets
575,430.00
FINANCIING ACTIVITIES
NET CHANGE IN CASH
1,838,781,506
Plus: Cash at beginning of year Cash at the end of year
1,838,781,506
169,756,707
159,268,518
62,902,905
56,509,505
50,866,782
45,581,099
68,042,623
62,490,627
54,953,918
48,714,759
-179,482,309
1,838,781,506
2,008,538,213
2,167,806,731
2,230,709,636
2,287,219,141
2,338,085,923
2,383,667,022
2,451,709,645
2,514,200,272
2,569,154,190
2,617,868,949
2,008,538,213
2,167,806,731
2,230,709,636
2,287,219,141
2,338,085,923
2,383,667,022
2,451,709,645
2,514,200,272
2,569,154,190
2,617,868,949
2,438,386,640
175
Expense Increased by 5% Year 2013
Statement of Income The Fame Co, Ltd. For the Year End December
Jan Sale Other exp
EBITDA Depre&Amort EBIT
22,200,000
Feb 21,150,000
Mar 21,610,000
Apr 22,450,000
May 21,750,000
Jun 21,030,000
Jul 20,530,000
Aug 19,670,000
Sep 19,400,000
Oct 21,650,000
Nov 20,700,000
7,870,780
4,732,580
9,177,880
9,671,580
9,623,580
6,463,880
4,735,580
6,488,080
6,458,080
9,636,580
4,737,580
6,458,280
14,329,220
16,417,420
12,432,120
12,778,420
12,126,420
14,566,120
15,794,420
13,181,920
12,941,920
12,013,420
15,962,420
15,071,720
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,283,675
9,371,875
5,386,575
5,732,875
5,080,875
7,520,575
8,748,875
6,136,375
5,896,375
4,967,875
8,916,875
8 ,026,175
7,283,675
9,371,875
5,386,575
5,732,875
5,080,875
7,520,575
8,748,875
6,136,375
5,896,375
4,967,875
8,916,875
-53,503,825
7,283,675
9,371,875
5,386,575
5,732,875
5,080,875
7,520,575
8,748,875
6,136,375
5,896,375
4,967,875
8,916,875
-53,503,825
61530000
Interest exp
EBT
Dec 21,530,000
Taxes (35%) Net inc.
176
Statement of Cash Flow The Fame Co, Ltd. For The Year Ened December 31, 2013
Period
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
-53,503,825
OPERATION ACTIVITIES
Net income
7,283,675
9,371,875
5,386,575
5,732 ,875
5,080,875
7,520 ,575
8,748,875
6,136 ,375
5,896,375
4,9 67,875
8,916,875
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
0
0
0
0
0
0
0
0
0
0
0
-175,800,000
Add (Sources of cash)
Depreciation Increase in A/P Subtract (Uses of cash)
Increase in A/R
9,243,244
8,657,543
9,086,432
7,754,345
6,542,345
9,255,000
8,965,675
7,856,951
6,258,951
5,852,156
10,156,982
9,852,987
Net cash provide by ops.
5,085,976
7,75 9,877
3,345 ,688
5,024 ,075
5,584,075
5,311,120
6,828,745
5,32 4,969
6,68 2,969
6,16 1,264
5,805,438
-232,111,267
1,758,545,530
93,646,830
93,032,830
648,830
575430
985,662
682,354
687,654
357,658
692,654
687,321
254,658
INVESTING ACTIVITIES
Investment in fixed assets
FINANCIING ACTIVITIES
Increase in notes payable
35,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
5,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
Increase long-term debt
25,000,000
23,00 0,000
22,000,000
21,000,000
19,0 00,000
18,000 ,000
16,700,000
15 ,400,000
14,10 0,000
12,800,000
1 1,500,000
10 ,200,000
Net cash from financing NET CHANGE IN CASH
60,000,000
53,000,000
47,000,000
41,000,000
34,000,000
28,000,000
21,700,000
45,400,000
39,100,000
32,800,000
26,500,000
20,200,000
1,823,631,506
154,406,707
143,378,518
46,672,905
40,159,505
34,296,782
29,211,099
51,412,623
46,140,627
39,653,918
32,992,759
-211,656,609
1,823,631,506
1,978,038,213
2,121,416,731
2,168,089,636
2,208,249,141
2,242,545,923
2,271,757,022
2,323,169,645
2,369,310,272
2,408,964,190
2,441,956,949
1,823,631,506
1,978,038,213
2,121,416,731
2,168,089,636
2,208,249,141
2,242,545,923
2,271,757,022
2,323,169,645
2,369,310,272
2,408,964,190
2,441,956,949
2,230,300,340
Plus: Cash at beginning of year Cash at the end of year
177
Expense Increased by 10% Year 20
Statement of Income The Fame Co, Ltd. For the Year End December Sale Other exp EBITDA
Depre&Amort EBIT Interest exp EBT Taxes (35%) Net inc.
Jan 24,250,000 7,870,780 16,379,220 7,045,545 9,333,675
Feb 23,230,000 4,732,580 18,497,420 7,045,545 11,451,875
Mar 23,780,000 9,177,880 14,602,120 7,045,545 7,556,575
Apr 24,600,000 9,671,580 14,928,420 7,045,545 7,882,875
May 23,930,000 9,623,580 14,306,420 7,045,545 7,260,875
Jun 23,200,000 6,463,880 16,736,120 7,045,545 9,690,575
Jul 22,900,000 4,735,580 18,164,420 7,045,545 11,118,875
Aug 22,530,000 6,488,080 16,041,920 7,045,545 8,996,375
Sep 22,260,000 6,458,080 15,801,920 7,045,545 8,756,375
Oct 23,650,000 9,636,580 14,013,420 7,045,545 6,967,875
Nov 23,110,000 4,737,580 18,372,420 7,045,545 11,326,875
9,333,675
-43,925,125
7,556,575
7,882,875
7,260,875
9,690,575
11,118,875
8,996,375
8,756,375
6,967,875
11,326,875
Dec 23,360,000 6,458,280 16,901,720 7,045,545 9,856,175 55,377,000 -45,520,825
9,333,675
-43,925,125
7,556,575
7,882,875
7,260,875
9,690,575
11,118,875
8,996,375
8,756,375
6,967,875
11,326,875
-45,520,825
178
Statement of Cash Flow The Fame Co, Ltd. For The Year Ened December 31, 2013
Period OPERATION ACTIVITIES Net income Add (Sources of cash) Depreciation Increase in A/P Subtract (Uses of cash) Increase in A/R Net cash provide by ops.
Apr
May
Jun
Oct
Nov
Dec
9,333,675
Jan
-43,925,125
Feb
7,556,575
Mar
7,882,875
7,260,875
9,690,575
11,118,875
J ul
8,996,375
Aug
8,756,375
Sep
6,967,875
11,326,875
-45,520,825
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545 -175,800,000
9,243,244 7,135,976
8,657,543 -45,537,123
9,086,432 5,515,688
7,754,345 7,174,075
6,542,345 7,764,075
9,255,000 7,481,120
8,965,675 9,198,745
7,856,951 8,184,969
6,258,951 9,542,969
5,852,156 8,161,264
10,156,982 8,215,438
9,852,987 -224,128,267
1,758,545,530
93,646,830
93,032,830
648,830
575430
985,662
682,354
687,654
357,658
692,654
687,321
254,658
FINANCIING ACTIVITIES Increase in notes payable 35,000,000 Increase long-term debt 25,000,000 60,000,000 Net cash from financing 1,825,681,506 NET CHANGE IN CASH
30,000,000 2 3,000,000 53,000,000 101,109,707
25,000,000 22,0 00,000 47,000,000 145,548,518
20,000,000 21,00 0,000 41,000,000 48,822,905
15,000,000 19,00 0,000 34,000,000 42,339,505
10,000,000 18,000,000 28,000,000 36,466,782
5,000,000 16,700,000 21,700,000 31,581,099 2,199,968,923 2,168,387,824
30,000,000 15,400,000 45,400,000 54,272,623 2,168,387,824 2,114,115,201
25,000,000 14 ,100,000 39,100,000 49,000,627 2,114,115,201 2,065,114,574
20,000,000 12 ,800,000 32,800,000 41,653,918 2,065,114,574 2,023,460,656
15,000,000 11,50 0,000 26,500,000 35,402,759 2,023,460,656 1,988,057,897
10,000,000 10,200,000 20,200,000 -203,673,609 1,988,057,897
INVESTING ACTIVITIES
Investment in fixed assets
Plus: Cash at beginning of year Cash at the end of year
1,825,681,506
1,825,681,506
1,926,791,213
2,072,339,731
2,121,162,636
2,163,502,141
1,926,791,213
2,072,339,731
2,121,162,636
2,163,502,141
2,199,968,923
-203,673,609
179
Expense Increased 5% by Year 201
Statement of Income The Fame Co, Ltd. For the Year End December
Jan Sale
27,400,000
Feb 26,800,000
Mar 27,620,000
Apr
May
Jun
28,450,000
27,700,000
27,200,000
Jul 26,650,000
Aug 26,100,000
Sep 25,670,000
Oct 27,980,000
Nov 27,500,000
Dec 28,320,000
Other exp
7,870,780
4,732,580
9,177,880
9,671,580
9,623,580
6,463,880
4,735,580
6,488,080
6,458,080
9,636,580
4,737,580
6,458,280
EBITDA
19,529,220
22,067,420
18,442,120
18,778,420
18,076,420
20,736,120
21,914,420
19,611,920
19,211,920
18,343,420
22,762,420
21,861,720
Depre&Amort EBIT
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
12,483,675
15,021,875
11,396,575
11,732,875
11,030,875
13,690,575
14,868,875
12,566,375
12,166,375
11,297,875
15,716,875
14 ,816,175
12,483,675
15,021,875
11,396,575
11,732,875
11,030,875
13,690,575
14,868,875
12,566,375
12,166,375
11,297,875
15,716,875
-34,407,825
12,483,675
15,021,875
11,396,575
11,732,875
11,030,875
13,690,575
14,868,875
12,566,375
12,166,375
11,297,875
15,716,875
-34,407,825
49,224,000
Interest exp
EBT Taxes (30%) Net inc.
180 Statement of Cash Flow The Fame Co, Ltd. For The Year Ened December 31, 2013
Period
Jan
Feb
Mar
Apr
May
Jun
J ul
Aug
Sep
Oct
Nov
Dec
-34,407,825
OPERATION ACTIVITIES
Net income
12,483,675
15,021,875
11,39 6,575
11,732,875
11,030,875
13,690,575
14,868,875
12,566 ,375
12,166,375
11,297,875
15,716,875
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
Add (Sources of cash)
Depreciation Increase in A/P
7,045,545 -175,800,000
Subtract (Uses of cash)
Increase in A/R Net cash provide by ops.
9,243,244
8,657,543
9,086,432
7,754,345
6,542,345
9,255,000
8,965,675
7,856,951
6,258,951
5,852,156
10,156,982
9,852,987
10,285,976
13,409,877
9,355,688
11,024,075
11,534,075
11,481 ,120
12,948,745
11,754,969
12,952,969
12,491,264
12,605 ,438
-213,015,267
1,758,545,530
93,646,830
93,032,830
648,830
575430
985,662
682,354
687,654
357,658
692,654
687,321
254,658
10,000,000
INVESTING ACTIVITIES
Investment in fixed assets
FINANCIING ACTIVITIES
Increase in notes payable
35,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
5,000,000
30,000,000
25,000,000
20,000,000
15,000,000
Increase long-term debt
25,000,000
23,00 0,000
22,000,000
21,00 0,000
19,000,000
18 ,000,000
16,700,000
15 ,400,000
14,100 ,000
12,800,000
11,500 ,000
10,200,000
Net cash from financing
60,000,000
53,000,000
47,000,000
41,000,000
34,000,000
28,000,000
21,700,000
45,400,000
39,100,000
32,800,000
26,500,000
20,200,000
NET CHANGE IN CASH
1,828,831,506
Plus: Cash at beginning of year Cash at the end of year
1,828,831,506
160,056,707
149,388,518
52,672,905
46,109,505
40,466,782
35,331,099
57,842,623
52,410,627
45,983,918
39,792,759
-192,560,609
1,828,831,506
1,988,888,213
2,138,276,731
2,190,949,636
2,237,059,141
2,277,525,923
2,312,857,022
2,370,699,645
2,423,110,272
2,469,094,190
2,508,886,949
1,988,888,213
2,138,276,731
2,190,949,636
2,237,059,141
2,277,525,923
2,312,857,022
2,370,699,645
2,423,110,272
2,469,094,190
2,508,886,949
2,316,326,340
181
Expense Increased 5% by Year 2016
Statement of Income The Fame Co, Ltd. For the Year End December Sale Other exp EBITDA
Depre&Amort EBIT Interest exp EBT Taxes (30%) Net inc.
Jan 32,130,000 7,870,780 24,259,220 7,045,545 17,213,675
Feb 31,550,000 4,732,580 26,817,420 7,045,545 19,771,875
Mar 32,050,000 9,177,880 22,872,120 7,045,545 15,826,575
Apr 33,700,000 9,671,580 24,028,420 7,045,545 16,982,875
May 33,050,000 9,623,580 23,426,420 7,045,545 16,380,875
Jun 32,570,000 6,463,880 26,106,120 7,045,545 19,060,575
Jul 32,030,000 4,735,580 27,294,420 7,045,545 20,248,875
Aug 31,700,000 6,488,080 25,211,920 7,045,545 18,166,375
Sep 30,960,000 6,458,080 24,501,920 7,045,545 17,456,375
Oct 32,480,000 9,636,580 22,843,420 7,045,545 15,797,875
Nov 31,860,000 4,737,580 27,122,420 7,045,545 20,076,875
17,213,675
19,771,875
15,826,575
16,982,875
16,380,875
19,060,575
20,248,875
18,166,375
17,456,375
15,797,875
20,076,875
Dec 28,000,000 6,458,280 21,541,720 7,045,545 14,49 6,175 43,071,000 -28,574,825
17,213,675
19,771,875
15,826,575
16,982,875
16,380,875
19,060,575
20,248,875
18,166,375
17,456,375
15,797,875
20,076,875
-28,574,825
182
Statement of Cash Flow The Fame Co, Ltd. For The Year Ened December 31, 2013
Period OPERATION ACTIVITIES Net income Add (Sources of cash) Depreciation Increase in A/P Subtract (Uses of cash) Increase in A/R Net cash provide by ops.
Mar
Apr
May
Oct
Nov
Dec
17,213,675
19,771,875
15,826,575
16,98 2,875
16,380,875
19,060,575
20,248,875
18,166 ,375
17,456,375
15,797,875
20,076,875
-28,574,825
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545 -175,800,000
9,243,244 15,015,976
8,657,543 18,15 9,877
9,086,432 13,785,688
7,754,345 16,27 4,075
6,542,345 16,884,075
9,255,000 16,85 1,120
8,965,675 18,328,745
7,856,951 17 ,354,969
6,258,951 18,242,969
5,852,156 16 ,991,264
10,156,982 16,965 ,438
9,852,987 -207,182,267
1,758,545,530
93,646,830
93,032,830
648,830
575430
985,662
682,354
687,654
357,658
692,654
687,321
254,658
35,000,000 25,000,000
30,000,000 23,00 0,000
25,000,000 22,000,000
20,000,000 21,00 0,000
15,000,000 19,000,000
10,000,000 18,00 0,000
5,000,000 16,700,000
30,000,000 15 ,400,000
25,000,000 14,100,000
20,000,000 12 ,800,000
15,000,000 11,500 ,000
10,000,000 10,200,000
Net cash from financing NET CHANGE IN CASH Plus: Cash at beginning of year
60,000,000 1,833,561,506
Cash at the end of year
1,833,561,506
53,000,000 164,806,707 1,833,561,506 1,998,368,213
47,000,000 153,818,518 1,998,368,213 2,152,186,731
41,000,000 57,922,905 2,152,186,731 2,210,109,636
34,000,000 51,459,505 2,210,109,636 2,261,569,141
28,000,000 45,836,782 2,261,569,141 2,307,405,923
21,700,000 40,711,099 2,307,405,923 2,348,117,022
45,400,000 63,442,623 2,348,117,022 2,411,559,645
39,100,000 57,700,627 2,411,559,645 2,469,260,272
32,800,000 50,483,918 2,469,260,272 2,519,744,190
26,500,000 44,152,759 2,519,744,190 2,563,896,949
20,200,000 -186,727,609 2,563,896,949 2,377,169,340
INVESTING ACTIVITIES Investment in fixed assets FINANCIING ACTIVITIES Increase in notes payable Increase long-term debt
Jan
Feb
Jun
J ul
Aug
Sep
183
Expense Increased 5% by Year 2016
Statement of Income The Fame Co, Ltd. For the Year End December Sale Other exp EBITDA
Depre&Amort EBIT Interest exp EBT Taxes (30%) Net inc.
Jan 37,350,000 7,870,780 29,479,220 7,045,545 22,433,675
Feb 36,500,000 4,732,580 31,767,420 7,045,545 24,721,875
Mar 37,500,000 9,177,880 28,322,120 7,045,545 21,276,575
Apr 38,680,000 9,671,580 29,008,420 7,045,545 21,962,875
May 38,100,000 9,623,580 28,476,420 7,045,545 21,430,875
Jun 37,600,000 6,463,880 31,136,120 7,045,545 24,090,575
Jul 36,900,000 4,735,580 32,164,420 7,045,545 25,118,875
Aug 36,300,000 6,488,080 29,811,920 7,045,545 22,766,375
Sep 35,750,000 6,458,080 29,291,920 7,045,545 22,246,375
Oct 36,950,000 9,636,580 27,313,420 7,045,545 20,267,875
Nov 36,422,000 4,737,580 31,684,420 7,045,545 24,638,875
Dec
22,433,675
24,721,875
21,276,575
21,962,875
21,430,875
24,090,575
25,118,875
22,766,375
22,246,375
20,267,875
24,638,875
34,630,000 6,458,280 28,171,720 7,045,545 21,126,175 36,918,000.00 -15,791,825
22,433,675
24,721,875
21,276,575
21,962,875
21,430,875
24,090,575
25,118,875
22,766,375
22,246,375
20,267,875
24,638,875
-15,791,825
184
Statement of Cash Flow The Fame Co, Ltd. For The Year Ened December 31, 2013
Period OPERATION ACTIVITIES Net income Add (Sources of cash) Depreciation Increase in A/P Subtract (Uses of cash) Increase in A/R Net cash provide by ops.
Mar
Apr
May
Oct
Nov
22,433,675
Jan
24,721,875
Feb
21,276,575
21,962,875
21,430,875
24,090,575
Jun
25,118,875
J ul
22,766,375
Aug
22,246,375
Sep
20,267,875
24,638,875
-15,791,825
Dec
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545 -175,800,000
9,243,244 20,235,976
8,657,543 23,109,877
9,086,432 19,235,688
7,754,345 21,254,075
6,542,345 21,934,075
9,255,000 21,881,120
8,965,675 23,198,745
7,856,951 21,954,969
6,258,951 23,032,969
5,852,156 21,461,264
10,156,982 21,527,438
9,852,987 -194,399,267
1,758,545,530
93,646,830
93,032,830
648,830
985,662
682,354
687,654
357,658
692,654
687,321
254,658
NET CHANGE IN CASH
35,000,000 25,000,000 60,000,000 1,838,781,506
30,000,000 23,000,000 53,000,000 169,756,707
25,000,000 22 ,000,000 47,000,000 159,268,518
20,000,000 21,000,000 41,000,000 62,902,905
15,000,000 19,000,000 34,000,000 56,509,505
10,000,000 18,000 ,000 28,000,000 50 ,866,782
5,000,000 16,700,000 21,700,000 45,581,099
30,000,000 15,400,000 45,400,000 68,042,623
25,000,000 14,10 0,000 39,100,000 6 2,490,627
20,000,000 12,800,000 32,800,000 54,953 ,918
15,000,000 11,500,000 26,500,000 48,714,759
10,000,000 10,2 00,000 20,200,000 -173,944,609
Plus: Cash at beginning of year Cash at the end of year
1,838,781,506
1,838,781,506 2,008,538,213
2,008,538,213 2,167,806,731
2,167,806,731 2,230,709,636
2,230,709,636 2,287,219,141
2,287,219,141 2,338,085,923
2,338,085,923 2,383,667,022
2,383,667,022 2,451,709,645
2,451,709,645 2,514,200,272
2,514,200,272 2,569,154,190
2,569,154,190 2,617,868,949
2,617,868,949 2,443,924,340
INVESTING ACTIVITIES
Investment in fixed assets FINANCIING ACTIVITIES Increase in notes payable Increase long-term debt Net cash from financing
575,430.00
185
Expense Increased 10% Year 2013
Interest exp EBT
6,496,597
8,898,617
4,468,787
4,765,717
4,118,517
6,874,187
8,275,317
5,487,567
5,250,567
4,004,217
8,443,117
Dec 21,530,000 71,041,108 -49,511,108 7,045,545 -56,556,653 61,683,000 -118,239,653
Taxes (35%) Net inc.
6,496,597
8,898,617
4,468,787
4,765,717
4,118,517
6,874,187
8,275,317
5,487,567
5,250,567
4,004,217
8,443,117
-118,239,653
Sale Other exp EBITDA
Depre&Amort EBIT
Jan 22,200,000 8,657,858 13,542,142 7,045,545 6,496,597
Feb 21,150,000 5,205,838 15,944,162 7,045,545 8,898,617
Mar 21,610,000 10,095,668 11,514,332 7,045,545 4,468,787
Apr 22,450,000 10,638,738 11,811,262 7,045,545 4,765,717
Statement of Income The Fame Co, Ltd. For the Year End December May Jun Jul 21,750,000 21,030,000 20,530,000 10,585,938 7,110,268 5,209,138 11,164,062 13,919,732 15,320,862
7,045,545 4,118,517
7,045,545 6,874,187
7,045,545 8,275,317
Aug 19,670,000 7,136,888 12,533,112 7,045,545 5,487,567
Sep 19,400,000 7,103,888 12,296,112 7,045,545 5,250,567
Oct 21,650,000 10,600,238 11,049,762 7,045,545 4,004,217
Nov 20,700,000 5,211,338 15,488,662 7,045,545 8,443,117
186
Statement of Cash Flow The Fame Co, Ltd. For The Year Ened December 31, 2013
Period OPERATION ACTIVITIES Net income Add (Sources of cash) Depreciation Increase in A/P Subtract (Uses of cash) Increase in A/R Net cash provide by ops. INVESTING ACTIVITIES Investment in fixed assets
Apr
May
Jun
Nov
Dec
6,496,597
Jan
8,89 8,617
Feb
4,46 8,787
Mar
4,76 5,717
4,118,517
6,874,187
8,275,317
Jul
5,48 7,567
Aug
5,250 ,567
Sep
4,004 ,217
Oct
8,443,117
-118,239,653
7,045,545 0
7,045,545 0
7,045,545 0
7,045,545 0
7,045,545 0
7,045,545 0
7,045,545 0
7,045,545 0
7,045,545 0
7,045,545 0
7,045,545 0
7,045,545 -175,800,000
9,243,244 4,298,898
8,657,543 7,28 6,619
9,086,432 2,42 7,900
7,754,345 4,05 6,917
6,542,345 4,621,717
9,255,000 4,664,732
8,965,675 6,355,187
7,856,951 4,67 6,161
6,258,951 6,037 ,161
5,852,156 5,197 ,606
10,156,982 5,331,680
9,852,987 -296,847,095
1,758,545,530
93,646,830
93,032,830
648,830
575430
985,662
682,354
687,654
357,658
692,654
687,321
254,658
FINANCIING ACTIVITIES Increase in notes payable Increase long-term debt Net cash from financing NET CHANGE IN CASH Plus: Cash at beginning of year
35,000,000 25,000,000 60,000,000 1,822,844,428
Cash at the end of year
1,822,844,428
30,000,000 23,00 0,000 53,000,000 153,933,449 1,822,844,428 1,976,777,877
25,000,000 22,000 ,000 47,000,000 142,460,730 1,976,777,877 2,119,238,607
20,000,000 21,000,000 41,000,000 45,705,747 2,119,238,607 2,164,944,354
15,000,000 19 ,000,000 34,000,000 39,197,147 2,164,944,354 2,204,141,501
10,000,000 18,00 0,000 28,000,000 33,650,394 2,204,141,501 2,237,791,895
5,000,000 16,700,000 21,700,000 28,737,541 2,237,791,895 2,266,529,436
30,000,000 1 5,400,000 45,400,000 50,763,815 2,266,529,436 2,317,293,251
25,000,000 14,1 00,000 39,100,000 45,494,819 2,317,293,251 2,362,788,070
20,000,000 12,800 ,000 32,800,000 38,690,260 2,362,788,070 2,401,478,330
15,000,000 11,500,000 26,500,000 32,519,001 2,401,478,330 2,433,997,331
10,000,000 10 ,200,000 20,200,000 -276,392,437 2,433,997,331 2,157,604,894
187
Expense Increased 10% Year 2014
Interest exp EBT
8,546,597
-49,936,083
6,638,787
6,915,717
6,298,517
9,044,187
10,645,317
8,347,567
8,110,567
6,004,217
10,853,117
Dec 23,360,000 71,041,108 -47,681,108 7,045,545 -54,726,653 60,914,700 -115,641,353
Taxes (35%) Net inc.
8,546,597
-49,936,083
6,638,787
6,915,717
6,298,517
9,044,187
10,645,317
8,347,567
8,110,567
6,004,217
10,853,117
-115,641,353
Sale Other exp EBITDA Depre&Amort EBIT
Jan 24,250,000 8,657,858 15,592,142 7,045,545 8,546,597
Feb 23,230,000 5,205,838 18,024,162 7,045,545 10,978,617
Mar 23,780,000 10,095,668 13,684,332 7,045,545 6,638,787
Apr 24,600,000 10,638,738 13,961,262 7,045,545 6,915,717
Statement of Income The Fame Co, Ltd. For the Year End December May Jun Jul 23,930,000 23,200,000 22,900,000 10,585,938 7,1 10,268 5,209,138 13,344,062 16,089,732 17,690,862 7,045,545 7,045,545 7,045,545 6,298,517 9,044,187 10,645,317
Aug 22,530,000 7,136,888 15,393,112 7,045,545 8,347,567
Sep 22,260,000 7,103 ,888 15,156,112 7,045,545 8,110,567
Oct 23,650,000 10,600,238 13,049,762 7,045,545 6,004,217
Nov 23,110,000 5 ,211,338 17,898,662 7,045,545 10,853,117
188
Statement of Cash Flow The Fame Co, Ltd. For The Year Ened December 31, 2013
Period OPERATION ACTIVITIES Net income Add (Sources of cash) Depreciation Increase in A/P Subtract (Uses of cash) Increase in A/R Net cash provide by ops.
Apr
May
Jun
Oct
Nov
Dec
8,546,597
-49,936,083
6,638,787
6,915,717
6,298,517
9,044,187
10,645,317
8,347,567
8,110,567
6,004,217
10,853,117
-115,641,353
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545 -175,800,000
9,243,244 6,348,898
8,657,543 -51,548,081
9,086,432 4,597,900
7,754,345 6,206,917
6,542,345 6,801,717
9,255,000 6,834,732
8,965,675 8,725,187
7,856,951 7,536,161
6,258,951 8,897,161
5,852,156 7,197,606
10,156,982 7,741,680
9,852,987 -294,248,795
1,758,545,530
93,646,830
93,032,830
648,830
575430
985,662
682,354
687,654
357,658
692,654
687,321
254,658
Increase in notes payable Increase long-term debt Net cash from financing NET CHANGE IN CASH Plus: Cash at beginning of year
35,000,000 25,000,000 60,000,000 1,824,894,428
Cash at the end of year
1,824,894,428
30,000,000 23 ,000,000 53,000,000 95,098,749 1,824,894,428 1,919,993,177
25,000,000 22 ,000,000 47,000,000 144,630,730 1,919,993,177 2,064,623,907
20,000,000 21 ,000,000 41,000,000 47,855,747 2,064,623,907 2,112,479,654
15,000,000 19,000 ,000 34,000,000 41 ,377,147 2,112,479,654 2,153,856,801
10,000,000 18,000 ,000 28,000,000 35 ,820,394 2,153,856,801 2,189,677,195
5,000,000 16,700,000 21,700,000 31,1 07,541 2,189,677,195 2,220,784,736
30,000,000 15,400,000 45,400,000 53,623 ,815 2,220,784,736 2,274,408,551
25,000,000 14,100,000 39,100,000 48,354,819 2,274,408,551 2,322,763,370
20,000,000 1 2,800,000 32,800,000 40,690,260 2,322,763,370 2,363,453,630
15,000,000 11,5 00,000 26,500,000 3 4,929,001 2,363,453,630 2,398,382,631
10,000,000 10,20 0,000 20,200,000 -273,794,137 2,398,382,631 2,124,588,494
INVESTING ACTIVITIES Investment in fixed assets
Jan
Feb
Mar
Jul
Aug
Sep
FINANCIING ACTIVITIES
189
Expense Increased 10% Year 2015
Sale Other exp EBITDA Depre&Amort EBIT Interest exp EBT Taxes (30%)
Net inc.
Jan 27,400,000 8,657,858 18,742,142 7,045,545 11,696,597
Feb 26,800,000 5 ,205,838 21,594,162 7,045,545 14,548,617
Mar 27,620,000 10,095,668 17,524,332 7,045,545 10,478,787
Apr 28,450,000 10,638,738 17,811,262 7,045,545 10,765,717
Statement of Income The Fame Co, Ltd. For the Year End December May Jun Jul 27,700,000 27,200,000 26,650,000 10,585,938 7,110,268 5 ,209,138 17,114,062 20,089,732 21,440,862 7,045,545 7,045,545 7,045,545 10,068,517 13,044,187 14,395,317
Aug 26,100,000 7 ,136,888 18,963,112 7,045,545 11,917,567
Sep 25,670,000 7,10 3,888 18,566,112 7,045,545 11,520,567
Oct 27,980,000 10,600,238 17,379,762 7,045,545 10,334,217
Nov 27,500,000 5,211,338 22,288,662 7,045,545 15,243,117
11,696,597
14,548,617
10,478,787
10,765,717
10,068,517
13,044,187
14,395,317
11,917,567
11,520,567
10,334,217
15,243,117
Dec 28,320,000 71,041,108 -42,721,108 7,045,545 -49,766,653 54,146,400 -103,913,05 3
11,696,597
14,548,617
10,478,787
10,765,717
10,068,517
13,044,187
14,395,317
11,917,567
11,520,567
10,334,217
15,243,117
-103,913,053
190
The Fame Co, Ltd. For The Year Ened December 31, 2013
Period OPERATION ACTIVITIES Net income Add (Sources of cash) Depreciation Increase in A/P Subtract (Uses of cash) Increase in A/R Net cash provide by ops. INVESTING ACTIVITIES Investment in fixed assets FINANCIING ACTIVITIES Increase in notes payable Increase long-term debt Net cash from financing NET CHANGE IN CASH Plus: Cash at beginning of year Cash at the end of year
Mar
Apr
May
Oct
Nov
Dec
11,696,597
Jan
14,54 8,617
10,478,787
10,76 5,717
10,068,517
13,04 4,187
14,395,317
11 ,917,567
11,520,567
1 0,334,217
15,243 ,117
-103,913,053
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545 -175,800,000
9,243,244 9,498,898
8,657,543 12,936,619
9,086,432 8,437,900
7,754,345 10,056,917
6,542,345 10,57 1,717
9,255,000 10,834,732
8,965,675 12,475,187
7,856,951 11,106,161
6,258,951 12,307,161
5,852,156 11,527 ,606
10,156,982 12,131,680
9,852,987 -282,520,495
1,758,545,530
93,646,830
93,032,830
648,830
575430
985,662
682,354
687,654
357,658
692,654
687,321
254,658
35,000,000 25,000,000 60,000,000
30,000,000 23 ,000,000 53,000,000
25,000,000 22,000,000 47,000,000
20,000,000 21,000,000 41,000,000
15,000,000 1 9,000,000 34,000,000
10,000,000 18,000 ,000 28,000,000
5,000,000 16,700,000 21,700,000
30,000,000 15,400,000 45,400,000
25,000,000 14,10 0,000 39,100,000
20,000,000 12,800,000 32,800,000
15,000,000 11,500,000 26,500,000
10,000,000 10,2 00,000 20,200,000
1,828,044,428
159,583,449 1,828,044,428 1,987,627,877
148,470,730 1,987,627,877 2,136,098,607
51,705,747 2,136,098,607 2,187,804,354
45,147,147 2,187,804,354 2,232,951,501
39,820,394 2,232,951,501 2,272,771,895
34,857,541 2,272,771,895 2,307,629,436
57,193,815 2,307,629,436 2,364,823,251
51,764,819 2,364,823,251 2,416,588,070
45,020,260 2,416,588,070 2,461,608,330
39,319,001 2,461,608,330 2,500,927,331
-262,065,837 2,500,927,331 2,238,861,494
1,828,044,428
Feb
Jun
J ul
Aug
Sep
191
Expense Increased 10% Year 2016
Interest exp EBT
16,426,597
19,298,617
14,908,787
16,015,717
15,418,517
18,414,187
19,775,317
17,517,567
16,810,567
14,834,217
19,603,117
Dec 28,000,000 71,041,108 -43,041,108 7,045,545 -50,086,653 47,378,100 -97,464,753
Taxes (30%) Net inc.
16,426,597
19,298,617
14,908,787
16,015,717
15,418,517
18,414,187
19,775,317
17,517,567
16,810,567
14,834,217
19,603,117
-97,464,753
Sale Other exp EBITDA Depre&Amort EBIT
Jan 32,130,000 8,657,858 23,472,142 7,045,545 16,426,597
Feb 31,550,000 5,205,838 26,344,162 7,045,545 19,298,617
Mar 32,050,000 10,095,668 21,954,332 7,045,545 14,908,787
Apr 33,700,000 10,638,738 23,061,262 7,045,545 16,015,717
Statement of Income The Fame Co, Ltd. For the Year End December May Jun Jul 33,050,000 32,570,000 32,030,000 10,585,938 7,110,268 5,209,138 22,464,062 25,459,732 26,820,862 7,045,545 7,045,545 7,045,545 15,418,517 18,414,187 19,775,317
Aug 31,700,000 7,136,888 24,563,112 7,045,545 17,517,567
Sep 30,960,000 7,103,888 23,856,112 7,045,545 16,810,567
Oct 32,480,000 10,600,238 21,879,762 7,045,545 14,834,217
Nov 31,860,000 5,211,338 26,648,662 7,045,545 19,603,117
192
Statement of Cash Flow The Fame Co, Ltd. For The Year Ened December 31, 2013
Period OPERATION ACTIVITIES Net income Add (Sources of cash) Depreciation Increase in A/P Subtract (Uses of cash) Increase in A/R Net cash provide by ops.
Mar
Apr
May
Oct
Nov
Dec
16,426,597
19,298,617
14,90 8,787
16,015,717
15,418,517
18,414,187
19,775,317
17,51 7,567
16,810,567
14,834,217
19,603,117
-97,464,753
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545 -175,800,000
9,243,244 14,228,898
8,657,543 17,68 6,619
9,086,432 12,867,900
7,754,345 15,30 6,917
6,542,345 15,921,717
9,255,000 1 6,204,732
8,965,675 17,855,187
7,856,951 1 6,706,161
6,258,951 17,597 ,161
5,852,156 16,027,606
10,156,982 16,491 ,680
9,852,987 -276,072,195
1,758,545,530
93,646,830
93,032,830
648,830
575430
985,662
682,354
687,654
357,658
692,654
687,321
254,658
Increase in notes payable Increase long-term debt Net cash from financing NET CHANGE IN CASH Plus: Cash at beginning of year
35,000,000 25,000,000 60,000,000 1,832,774,428
Cash at the end of year
1,832,774,428
30,000,000 23,00 0,000 53,000,000 164,333,449 1,832,774,428 1,997,107,877
25,000,000 22,000,000 47,000,000 152,900,730 1,997,107,877 2,150,008,607
20,000,000 21,00 0,000 41,000,000 56,955,747 2,150,008,607 2,206,964,354
15,000,000 19,000,000 34,000,000 50,497,147 2,206,964,354 2,257,461,501
10,000,000 1 8,000,000 28,000,000 45,190,394 2,257,461,501 2,302,651,895
5,000,000 16,700,000 21,700,000 40,237,541 2,302,651,895 2,342,889,436
30,000,000 1 5,400,000 45,400,000 62,793,815 2,342,889,436 2,405,683,251
25,000,000 14,100 ,000 39,100,000 57,054,819 2,405,683,251 2,462,738,070
20,000,000 12,800,000 32,800,000 49,520,260 2,462,738,070 2,512,258,330
15,000,000 11,500 ,000 26,500,000 43,679,001 2,512,258,330 2,555,937,331
10,000,000 10,200,000 20,200,000 -255,617,537 2,555,937,331 2,300,319,794
INVESTING ACTIVITIES Investment in fixed assets
Jan
Feb
Jun
J ul
Aug
Sep
FINANCIING ACTIVITIES
193
Expense Increased 10% Year 2017
Interest exp EBT
21,646,597
24,248,617
20,358,787
20,995,717
20,468,517
23,444,187
24,645,317
22,117,567
21,600,567
19,304,217
24,165,117
Dec 34,630,000 71,041,108 -36,411,108 7,045,545 -43,456,653 40,609,800 -84,066,453
Taxes (30%) Net inc.
21,646,597
24,248,617
20,358,787
20,995,717
20,468,517
23,444,187
24,645,317
22,117,567
21,600,567
19,304,217
24,165,117
-84,066,453
Sale Other exp EBITDA Depre&Amort EBIT
Jan 37,350,000 8,657,858 28,692,142 7,045,545 21,646,597
Feb 36,500,000 5,205,838 31,294,162 7,045,545 24,248,617
Mar 37,500,000 10,095,668 27,404,332 7,045,545 20,358,787
Apr 38,680,000 10,638,738 28,041,262 7,045,545 20,995,717
Statement of Income The Fame Co, Ltd. For the Year End December May Jun Jul 38,100,000 37,600,000 36,900,000 10,585,938 7,110,268 5,209,138 27,514,062 30,489,732 31,690,862 7,045,545 7,045,545 7,045,545 20,468,517 23,444,187 24,645,317
Aug 36,300,000 7,136,888 29,163,112 7,045,545 22,117,567
Sep 35,750,000 7,103,888 28,646,112 7,045,545 21,600,567
Oct 36,950,000 10,600,238 26,349,762 7,045,545 19,304,217
Nov 36,422,000 5,211,338 31,210,662 7,045,545 24,165,117
194
Statement of Cash Flow The Fame Co, Ltd. For The Year Ened December 31, 2013
Period OPERATION ACTIVITIES Net income Add (Sources of cash) Depreciation Increase in A/P Subtract (Uses of cash) Increase in A/R Net cash provide by ops.
Mar
Apr
21,646,597
Jan
24,248,617
Feb
20,358,787
20,995,717
20,468,517
May
23,444,187
Jun
24,645,317
J ul
22,117,567
Aug
21,600,567
Sep
19,304,217
Oct
24,165,117
Nov
-84,066,453
Dec
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545 -175,800,000
9,243,244 19,448,898
8,657,543 22,636,619
9,086,432 18,317,900
7,754,345 20,286,917
6,542,345 20,971,717
9,255,000 21,234,732
8,965,675 22,725,187
7,856,951 21,306,161
6,258,951 22,387,161
5,852,156 20,497,606
10,156,982 21,053,680
9,852,987 -262,673,895
1,758,545,530
93,646,830
93,032,830
648,830
985,662
682,354
687,654
357,658
692,654
687,321
254,658
35,000,000 25,000,000 60,000,000 1,837,994,428
30,000,000 23,000,000 53,000,000 169,283,449 1,837,994,428 2,007,277,877
25,000,000 22,000,000 47,000,000 158,350,730 2,007,277,877 2,165,628,607
20,000,000 21,00 0,000 41,000,000 61 ,935,747 2,165,628,607 2,227,564,354
10,000,000 18,000,000 28,000,000 50,22 0,394 2,283,111,501 2,333,331,895
5,000,000 16,70 0,000 21,700,000 45,107,541 2,333,331,895 2,378,439,436
30,000,000 15,400,000 45,400,000 67,39 3,815 2,378,439,436 2,445,833,251
25,000,000 14,100,000 39,100,000 61,844,819 2,445,833,251 2,507,678,070
20,000,000 12,800,000 32,800,000 53 ,990,260 2,507,678,070 2,561,668,330
15,000,000 11,500,000 26,500,000 48,241,001 2,561,668,330 2,609,909,331
10,000,000 10,200 ,000 20,200,000 -242,219,237 2,609,909,331 2,367,690,094
INVESTING ACTIVITIES
Investment in fixed assets
FINANCIING ACTIVITIES Increase in notes payable Increase long-term debt Net cash from financing NET CHANGE IN CASH Plus: Cash at beginning of year Cash at the end of year
1,837,994,428
575,430.00
15,000,000 19,000,000 34,000,000 55,547,147 2,227,564,354 2,283,111,501
195
Expense Increased 15% Year 2013
Statement of Income The Fame Co, Ltd. For the Year End December May Jun Jul 21,750,000 21,030,000 20,530,000 11,067,117 7,433,462 5 ,445,917 10,682,883 13,596,538 15,084,083 7,045,545 7,045,545 7,045,545 3,637,338 6,550,993 8,038,538
Jan 22,200,000 9,051,397 13,148,603 7,045,545 6,103,058
Feb 21,150,000 5,44 2,467 15,707,533 7,045,545 8,661,988
Mar 21,610,000 15,554,562 6,055,438 7,045,545 -990,107
Apr 22,450,000 11,122,317 11,327,683 7,045,545 4,282,138
Interest exp EBT Taxes (35%)
6,103,058
8,661,988
-990,107
4,282,138
3,637,338
6,550,993
Net inc.
6,103,058
8,661,988
-990,107
4,282,138
3,637,338
6,550,993
Sale Other exp EBITDA Depre&Amort EBIT
Aug 19,670,000 7 ,461,292 12,208,708 7,045,545 5,163,163
Sep 19,400,000 7 ,426,792 11,973,208 7,045,545 4,927,663
Oct 21,650,000 11,082,067 10,567,933 7,045,545 3,522,388
Nov 20,700,000 5,448,217 15,251,783 7,045,545 8,206,238
Dec 21,530,000 7,427,022 14,102,978 7,045,545 7,05 7,433
8,038,538
5,163,163
4,927,663
3,522,388
8,206,238
61530000 -54,472,567
8,038,538
5,163,163
4,927,663
3,522,388
8,206,238
-54,472,567
196
Expense Increased 15% Year 2013
Statement of Cash Flow The Fame Co, Ltd. For The Year Ened December 31, 2013
Period OPERATION ACTIVITIES Net income Add (Sources of cash) Depreciation Increase in A/P Subtract (Uses of cash) Increase in A/R Net cash provide by ops. INVESTING ACTIVITIES Investment in fixed assets FINANCIING ACTIVITIES Increase in notes payable Increase long-term debt Net cash from financing NET CHANGE IN CASH Plus: Cash at beginning of year Cash at the end of year
Apr
May
Jun
Nov
Dec
6,103,058
Jan
8,661,988
-990,107
4,282,138
3,63 7,338
6,550,993
8,038,538
5,1 63,163
4,927,663
3,522,3 88
8,206,238
-54,472,567
7,045,545 0
7,045,545 0
7,045,545 0
7,045,545 0
7,045,545 0
7,045,545 0
7,045,545 0
7,045,545 0
7,045,545 0
7,045,545 0
7,045,545 0
7,045,545 -175,800,000
9,243,244 3,905,359
8,657,543 7,049,990
9,086,432 -3,030,994
7,754,345 3 ,573,338
6,542,345 4,140,538
9,255,000 4,341,538
8,965,675 6 ,118,408
7,856,951 4,351,757
6,258,951 5,714,257
5,852,156 4,715,777
10,156,982 5,094,801
9,852,987 -233,080,009
1,758,545,530
93,646,830
93,032,830
648,830
575430
985,662
682,354
687,654
357,658
692,654
687,321
254,658
35,000,000 25,000,000 60,000,000 1,822,450,889
30,000,000 23 ,000,000 53,000,000 153,696,820 1,822,450,889 1,976,147,709
25,000,000 22,00 0,000 47,000,000 137,001,836 1,976,147,709 2,113,149,545
20,000,000 21,000,000 41,000,000 45,222,168 2,113,149,545 2,158,371,713
15,000,000 1 9,000,000 34,000,000 38,715,968 2,158,371,713 2,197,087,681
10,000,000 18,0 00,000 28,000,000 33,327,200 2,197,087,681 2,230,414,881
5,000,000 16,700,000 21,700,000 28,500,762 2,230,414,881 2,258,915,643
30,000,000 15,400,000 45,400,000 50,439,411 2,258,915,643 2,309,355,054
25,000,000 14 ,100,000 39,100,000 45,171,915 2,309,355,054 2,354,526,969
20,000,000 12,800,000 32,800,000 38,208,431 2,354,526,969 2,392,735,400
15,000,000 11,500,000 26,500,000 32,282,122 2,392,735,400 2,425,017,522
10,000,000 1 0,200,000 20,200,000 -212,625,351 2,425,017,522 2,212,392,171
1,822,450,889
Feb
Mar
J ul
Aug
Sep
Oct
197
Expense Increased 15% Year 2014
Statement of Income The Fame Co, Ltd. For the Year End December
Interest exp EBT Taxes (35%)
8,153,058
-44,635,012
1,179,893
6,432,138
5,817,338
8,720,993
10,408,538
8,023,163
7,787,663
5,522,388
10,616,238
Dec 23,360,000 7,427,022 15,932,978 7,045,545 8,887,433 55,377,000 -46,489,567
Net inc.
8,153,058
-44,635,012
1,179,893
6,432,138
5,817,338
8,720,993
10,408,538
8,023,163
7,787,663
5,522,388
10,616,238
-46,489,567
Sale Other exp EBITDA
Depre&Amort EBIT
Jan 24,250,000 9,051,397 15,198,603 7,045,545 8,153,058
Feb 23,230,000 5,442,467 17,787,533 7,045,545 10,741,988
Mar 23,780,000 15,554,562 8,225,438 7,045,545 1,179,893
Apr 24,600,000 11,122,317 13,477,683 7,045,545 6,432,138
May 23,930,000 11,067,117 12,862,883 7,045,545 5,817,338
Jun 23,200,000 7 ,433,462 15,766,538 7,045,545 8,720,993
Jul 22,900,000 5 ,445,917 17,454,083 7,045,545 10,408,538
Aug 22,530,000 7,461 ,292 15,068,708 7,045,545 8,023,163
Sep 22,260,000 7,426,792 14,833,208 7,045,545 7,787,663
Oct 23,650,000 11,082,067 12,567,933 7,045,545 5,522,388
Nov 23,110,000 5 ,448,217 17,661,783 7,045,545 10,616,238
198 Expense Increased 15% Year 2014
Statement of Cash Flow The Fame Co, Ltd. For The Year Ened December 31, 2013
Period OPERATION ACTIVITIES Net income Add (Sources of cash) Depreciation Increase in A/P Subtract (Uses of cash) Increase in A/R Net cash provide by ops. INVESTING ACTIVITIES Investment in fixed assets FINANCIING ACTIVITIES Increase in notes payable Increase long-term debt Net cash from financing NET CHANGE IN CASH Plus: Cash at beginning of year Cash at the end of year
Apr
May
Jun
Oct
Nov
Dec
8,153,058
Jan
-44,635,012
1,179,893
6,432,138
5,817,338
8,720,993
10,408,538
8,023,163
7,787,663
5,522,388
10,616,238
-46,489,567
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545 -175,800,000
9,243,244 5,955,359
8,657,543 -46,247,010
9,086,432 -860,994
7,754,345 5,723,338
6,542,345 6,320,538
9,255,000 6,511,538
8,965,675 8,488,408
7,856,951 7,211,757
6,258,951 8,574,257
5,852,156 6,715,777
10,156,982 7,504,801
9,852,987 -225,097,009
1,758,545,530
93,646,830
93,032,830
648,830
575430
985,662
682,354
687,654
357,658
692,654
687,321
254,658
35,000,000 25,000,000 60,000,000 1,824,500,889
30,000,000 23,00 0,000 53,000,000 100,399,820 1,824,500,889 1,924,900,709
25,000,000 22,000,000 47,000,000 139,171,836 1,924,900,709 2,064,072,545
20,000,000 21,00 0,000 41,000,000 47,372,168 2,064,072,545 2,111,444,713
15,000,000 19,000,000 34,000,000 40,895,968 2,111,444,713 2,152,340,681
10,000,000 18 ,000,000 28,000,000 35,497,200 2,152,340,681 2,187,837,881
5,000,000 16,700,000 21,700,000 30,870,762 2,187,837,881 2,218,708,643
30,000,000 15 ,400,000 45,400,000 53,299,411 2,218,708,643 2,272,008,054
25,000,000 14,100 ,000 39,100,000 48,031,915 2,272,008,054 2,320,039,969
20,000,000 12,800,000 32,800,000 40,208,431 2,320,039,969 2,360,248,400
15,000,000 11,500 ,000 26,500,000 34,692,122 2,360,248,400 2,394,940,522
10,000,000 10,200,000 20,200,000 -204,642,351 2,394,940,522 2,190,298,171
1,824,500,889
Feb
Mar
J ul
Aug
Sep
199
Expense Increased 15% Year 2015
Interest exp EBT Taxes (30%)
11,303,058
14,311,988
5,019,893
10,282,138
9,587,338
12,720,993
14,158,538
11,593,163
11,197,663
9,852,388
15,006,238
Dec 28,320,000 7,427,022 20,892,978 7,045,545 13,847,433 49,224,000 -35,376,567
Net inc.
11,303,058
14,311,988
5,019,893
10,282,138
9,587,338
12,720,993
14,158,538
11,593,163
11,197,663
9,852,388
15,006,238
-35,376,567
Sale Other exp EBITDA
Depre&Amort EBIT
Jan 27,400,000 9,051,397 18,348,603 7,045,545 11,303,058
Feb 26,800,000 5,442,467 21,357,533 7,045,545 14,311,988
Mar 27,620,000 15,554,562 12,065,438 7,045,545 5,019 ,893
Apr 28,450,000 11,122,317 17,327,683 7,045,545 10,282,138
Statement of Income The Fame Co, Ltd. For the Year End December May Jun Jul 27,700,000 27,200,000 26,650,000 11,067,117 7,433,462 5,445,917 16,632,883 19,766,538 21,204,083
7,045,545 9,587 ,338
7,045,545 12,720,993
7,045,545 14,158,538
Aug 26,100,000 7,461,292 18,638,708 7,045,545 11,593,163
Sep 25,670,000 7 ,426,792 18,243,208 7,045,545 11,197,663
Oct 27,980,000 11,082,067 16,897,933 7,045,545 9,852 ,388
Nov 27,500,000 5,448,217 22,051,783 7,045,545 15,006,238
200 Expense Increased 15% Year 2015
Statement of Cash Flow The Fame Co, Ltd. For The Year Ened December 31, 2013
Period OPERATION ACTIVITIES Net income Add (Sources of cash) Depreciation Increase in A/P Subtract (Uses of cash) Increase in A/R Net cash provide by ops. INVESTING ACTIVITIES Investment in fixed assets FINANCIING ACTIVITIES Increase in notes payable Increase long-term debt Net cash from financing NET CHANGE IN CASH Plus: Cash at beginning of year Cash at the end of year
Apr
May
Oct
Nov
Dec
11,303,058
Jan
14,311,988
5,019,893
10,282,138
9,587,338
12,720,993
14,158,538
11,593,163
11,197,663
9,852,388
15,006,238
-35,376,567
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545 -175,800,000
9,243,244 9,105,359
8,657,543 12,699,990
9,086,432 2,979,006
7,754,345 9,573,338
6,542,345 10,090,538
9,255,000 10,511,538
8,965,675 12,238,408
7,856,951 10,781,757
6,258,951 11,984,257
5,852,156 11,045,777
10,156,982 11,894,801
9,852,987 -213,984,009
1,758,545,530
93,646,830
93,032,830
648,830
575430
985,662
682,354
687,654
357,658
692,654
687,321
254,658
35,000,000 25,000,000 60,000,000 1,827,650,889
30,000,000 2 3,000,000 53,000,000 159,346,820 1,827,650,889 1,986,997,709
25,000,000 22,000 ,000 47,000,000 143,011,836 1,986,997,709 2,130,009,545
20,000,000 21,000,000 41,000,000 51,222,168 2,130,009,545 2,181,231,713
15,000,000 19,000,000 34,000,000 44,665,968 2,181,231,713 2,225,897,681
10,000,000 18,00 0,000 28,000,000 39,497,200 2,225,897,681 2,265,394,881
5,000,000 16,700,000 21,700,000 34,620,762 2,265,394,881 2,300,015,643
30,000,000 15,400,000 45,400,000 56,869,411 2,300,015,643 2,356,885,054
25,000,000 14 ,100,000 39,100,000 51,441,915 2,356,885,054 2,408,326,969
20,000,000 12,800 ,000 32,800,000 44,538,431 2,408,326,969 2,452,865,400
15,000,000 11,500,000 26,500,000 39,082,122 2,452,865,400 2,491,947,522
10,000,000 10 ,200,000 20,200,000 -193,529,351 2,491,947,522 2,298,418,171
1,827,650,889
Feb
Mar
Jun
J ul
Aug
Sep
201 Expense Increased 15% Year 2016
Statement of Income The Fame Co, Ltd. For the Year End December
Interest exp EBT Taxes (30%)
16,033,058
19,061,988
9 ,449,893
15,532,138
14,937,338
18,090,993
19,538,538
17,193,163
16,487,663
14,352,388
19,366,238
Dec 28,000,000 7,427,022 20,572,978 7,045,545 13,5 27,433 43,071,000 -29,543,567
Net inc.
16,033,058
19,061,988
9,449,893
15,532,138
14,937,338
18,090,993
19,538,538
17,193,163
16,487,663
14,352,388
19,366,238
-29,543,567
Sale Other exp EBITDA
Depre&Amort EBIT
Jan 32,130,000 9,051,397 23,078,603 7,045,545 16,033,058
Feb 31,550,000 5,442,467 26,107,533 7,045,545 19,061,988
Mar 32,050,000 15,554,562 16,495,438 7,045,545 9,449,893
Apr 33,700,000 11,122,317 22,577,683 7,045,545 15,532,138
May 33,050,000 11,067,117 21,982,883 7,045,545 14,937,338
Jun 32,570,000 7,433,462 25,136,538 7,045,545 18,090,993
Jul 32,030,000 5,445,917 26,584,083 7,045,545 19,538,538
Aug 31,700,000 7,461,292 24,238,708 7,045,545 17,193,163
Sep 30,960,000 7,426,792 23,533,208 7,045,545 16,487,663
Oct 32,480,000 11,082,067 21,397,933 7,045,545 14,352,388
Nov 31,860,000 5,448,217 26,411,783 7,045,545 19,366,238
202 Expense Increased 15% Year 2016
Statement of Cash Flow The Fame Co, Ltd. For The Year Ened December 31, 2013
Period OPERATION ACTIVITIES Net income Add (Sources of cash) Depreciation Increase in A/P Subtract (Uses of cash) Increase in A/R Net cash provide by ops.
Apr
May
Oct
Nov
Dec
16,033,058
19,061,988
9,449,893
15,532,138
14,937,338
18,090,993
19,538,538
17,193,163
16,487,663
14,352,388
19,366,238
-29,543,567
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545 -175,800,000
9,243,244 13,835,359
8,657,543 17,449,990
9,086,432 7,409,006
7,754,345 14,823,338
6,542,345 15,440,538
9,255,000 15,881 ,538
8,965,675 17,618,408
7,856,951 16,381,757
6,258,951 17,274,257
5,852,156 15,545,777
10,156,982 16,254 ,801
9,852,987 -208,151,009
1,758,545,530
93,646,830
93,032,830
648,830
575430
985,662
682,354
687,654
357,658
692,654
687,321
254,658
35,000,000 25,000,000
30,000,000 23,000 ,000
25,000,000 22,000,000
20,000,000 21,00 0,000
15,000,000 19,000,000
10,000,000 18,00 0,000
5,000,000 16,700,000
30,000,000 15,40 0,000
25,000,000 14,100,000
20,000,000 1 2,800,000
15,000,000 11,500,000
10,000,000 1 0,200,000
Net cash from financing NET CHANGE IN CASH Plus: Cash at beginning of year
60,000,000 1,832,380,889
Cash at the end of year
1,832,380,889
53,000,000 164,096,820 1,832,380,889 1,996,477,709
47,000,000 147,441,836 1,996,477,709 2,143,919,545
41,000,000 56,472,168 2,143,919,545 2,200,391,713
34,000,000 50,015,968 2,200,391,713 2,250,407,681
28,000,000 44,867,200 2,250,407,681 2,295,274,881
21,700,000 40,000,762 2,295,274,881 2,335,275,643
45,400,000 62,469,411 2,335,275,643 2,397,745,054
39,100,000 56,731,915 2,397,745,054 2,454,476,969
32,800,000 49,038,431 2,454,476,969 2,503,515,400
26,500,000 43,442,122 2,503,515,400 2,546,957,522
20,200,000 -187,696,351 2,546,957,522 2,359,261,171
INVESTING ACTIVITIES Investment in fixed assets FINANCIING ACTIVITIES Increase in notes payable Increase long-term debt
Jan
Feb
Mar
Jun
Jul
Aug
Sep
203 Expense Increased 15% Year 2017
Statement of Income The Fame Co, Ltd. For the Year End December
Jan 37,350,000 9,051,397 28,298,603 7,045,545 21,253,058
Feb 36,500,000 5,442,467 31,057,533 7,045,545 24,011,988
Mar 37,500,000 15,554,562 21,945,438 7,045,545 14,899,893
Apr 38,680,000 11,122,317 27,557,683 7,045,545 20,512,138
May 38,100,000 11,067,117 27,032,883 7,045,545 19,987,338
Jun 37,600,000 7,433,462 30,166,538 7,045,545 23,120,993
Jul 36,900,000 5,445,917 31,454,083 7,045,545 24,408,538
Aug 36,300,000 7,461,292 28,838,708 7,045,545 21,793,163
Sep 35,750,000 7,426,792 28,323,208 7,045,545 21,277,663
Oct 36,950,000 11,082,067 25,867,933 7,045,545 18,822,388
Nov 36,422,000 5,448,217 30,973,783 7,045,545 23,928,238
Dec 34,630,000 7,427,022 27,202,978 7,045,545 20,157,433
Interest exp EBT Taxes (30%)
21,253,058
24,011,988
14,899,893
20,512,138
19,987,338
23,120,993
24,408,538
21,793,163
21,277,663
18,822,388
23,928,238
36,918,000.00 -16,760,567
Net inc.
21,253,058
24,011,988
14,899,893
20,512,138
19,987,338
23,120,993
24,408,538
21,793,163
21,277,663
18,822,388
23,928,238
-16,760,567
Sale Other exp EBITDA
Depre&Amort EBIT
204 Expense Increased 15% Year 2017
Statement of Cash Flow The Fame Co, Ltd. For The Year Ened December 31, 2013
Period OPERATION ACTIVITIES Net income Add (Sources of cash) Depreciation Increase in A/P Subtract (Uses of cash) Increase in A/R Net cash provide by ops.
Mar
Apr
May
Oct
Nov
21,253,058
Jan
24,011,988
Feb
14,899,893
20,512,138
19,987,338
23,120,993
Jun
24,408,538
Jul
21,793,163
Aug
21,277,663
Sep
18,822,388
23,928,238
-16,760,567
Dec
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545
7,045,545 -175,800,000
9,243,244 19,055,359
8,657,543 22,399,990
9,086,432 12,859,006
7,754,345 19,803,338
6,542,345 20,490,538
9,255,000 20,911,538
8,965,675 22,488,408
7,856,951 20,981,757
6,258,951 22,064,257
5,852,156 20,015,777
10,156,982 20,816,801
9,852,987 -195,368,009
1,758,545,530
93,646,830
93,032,830
648,830
985,662
682,354
687,654
357,658
692,654
687,321
254,658
35,000,000 25,000,000 60,000,000 1,837,600,889
30,000,000 23,000,000 53,000,000 169,046,820 1,837,600,889 2,006,647,709
25,000,000 22,000,000 47,000,000 152,891,836 2,006,647,709 2,159,539,545
20,000,000 21,000,000 41,000,000 6 1,452,168 2,159,539,545 2,220,991,713
10,000,000 18,000 ,000 28,000,000 4 9,897,200 2,276,057,681 2,325,954,881
5,000,000 16,700,000 21,700,000 44,870,762 2,325,954,881 2,370,825,643
30,000,000 15,400,000 45,400,000 6 7,069,411 2,370,825,643 2,437,895,054
25,000,000 14,100,000 39,100,000 61,521 ,915 2,437,895,054 2,499,416,969
20,000,000 12,800,000 32,800,000 53,508,431 2,499,416,969 2,552,925,400
15,000,000 11,500,000 26,500,000 48,004 ,122 2,552,925,400 2,600,929,522
10,000,000 10,200,000 20,200,000 -174,913,351 2,600,929,522 2,426,016,171
INVESTING ACTIVITIES
Investment in fixed assets FINANCIING ACTIVITIES Increase in notes payable Increase long-term debt Net cash from financing NET CHANGE IN CASH Plus: Cash at beginning of year Cash at the end of year
1,837,600,889
575,430.00
15,000,000 19,000,000 34,000,000 55,065,968 2,220,991,713 2,276,057,681
205
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By 5331207001 Nathamon
Chanklin
5331207022 Pornsawan
Hangvinit
5331207026 Petlada
Tongprom
5331207027 Pattharee
Vachiratanasit
5331207044 Suchitdaporn
Kosum
5331207046 Supassorn
Tansukatanon
5331207054 Arsa
Phanda
5331207055 Isaraphong
Malee
Project Feasibility Management 2012 School of Management Mae Fah Luang University Semester 2/2555
