Sample template for doing 2010 departmental budget

1. Dickson Manufacturing Company
2006 Budget
Conclusion
1. Cash Requirement
Is loan required?
2. Exchange Risk
How far will PNL change by 1% increase in RMB?
3. Cash Cycle control on working capital change and loan requirement?
4. Other Risk?

2. Dickson Manufacturing Company
General Description Goto Assumptions
- A manufacturing Company being engaged in production of product X
- The company has 7 departments
* General Management
* Finance
* Human Resources
* Production
* Supply Chain
* Quality Control
* Product Development
- A simplified version of budget which just focus on Sales, Cost of Goods Sold, Direct Labor, Depreciation & fina
- It is only for illustration purpose, not sufficient to build up a full version of budget in a company
- Manufacturing Overhead include Production/Supply Chain/Quality/Engineering
Administration Expenses include General Management/Finance/Human Resources
For simplicity, overhead is not absorbed in the material cost and there is no purchase burden(inward freight) for
- No consideration for accruals in balance sheet
- Stock Days
Today stock is for tomorrow production/sales Goto Stock Day Illustration
- Debtors
Today accournt receivables is sales incurred this month and the previous one
- Creditors
Today accournt payables is purchase incurred this month and the previous one

3. oto Assumptions
irect Labor, Depreciation & finally the Balance Sheet
et in a company
hase burden(inward freight) for material

4. Dickson Manufacturing Company
2006 Budget
Assumptions: Price Qty Jan-06 Feb-06 Mar-06
1. product group sales 17.80 2,751,000 204,000 82,000 184,000
2. BOM
Parts Usage Cost Cur Ex Rate U.Cost
i Mechanism 1 8.11 USD 8.11 1.00
ii Plastic 2 2.00 RMB 1.00 2.00
iii Packing 2 1.30 RMB 1.00 1.30
---------------
11.41
3. Production Capacity
Working Hours/day 8
Output/hour/line 150
Output/day 1,200
Working Day 248 21 15 23
Working Hours Needed 1,360 547 1,227
Lines required 9 5 7
Workers/Line 42
Line Leader 1
A. Leader 2
Material Feeder 4
Workers 35
Backup Workers 3
Existing Line 7 7 7 7
Hours thereon 1,176 840 1,288
Total OT Hours 184 - -
OT Hours/Line 26 - -
Production line increment - - -
Cost 800,000
Inspectors/Line 4
4. % in Salary Adj. 6%
5. Upper Limit of Income for Medical Insurance
Medical 5,640

5. 6. Unemployment Income
LowerLimit 1,128
UpperLimit 1,880
Procreated 1,880
MidWages 780
7. Tax
- 5% - 0-500
501 10% 25 500-2000
2,001 15% 125 2000-5000
5,001 20% 375 5000-20000
20,001 25% 1,375 20000-40000
40,001 30% 3,375 40000-60000
60,001 35% 6,375 60000-80000
80,001 40% 10,375 80000-100000
100,001 45% 15,375 >100000
8. Tax Allowance
LocalPersonal 1,200
ExpatPersonal 4,000
9. Balance Sheet Assumptions
Stock Day
Material
mechanism 45
plastic 20
packing 10
WIP 7
Finished Goods 3
Debtors Day 30
Creditors Day 55

6. Goto Headcount
Apr-06 May-06 Jun-06 Jul-06 Aug-06 Sep-06 Oct-06 Nov-06 Dec-06
198,000 159,000 180,000 230,000 300,000 348,000 329,000 279,000 258,000
20 20 22 21 23 21 19 22 21
1,320 1,060 1,200 1,533 2,000 2,320 2,193 1,860 1,720
9 7 7 10 11 14 15 11 11
7 7 7 10 10 10 10 10 10
1,120 1,120 1,232 1,680 1,840 1,680 1,520 1,760 1,680
200 - - - 160 640 673 100 40
29 - - - 16 64 67 10 4
- - - 3 - - - - -

8. Stock Days 45 days
Dec-03 Jan-04 Feb-04 Mar-04 Apr-04 May-04 Jun-04
Cost of Goods Sold 4,750 3,253 2,540 3,548 4,500 5,000 6,150
(qty or cost)
Nov-03 Dec-03 Jan-04 Feb-04 Mar-04 Apr-04 May-04 Jun-04
Inventory ### ### ### ### ### ### ### ###
Nov-03 Dec-03 Jan-04 Feb-04 Mar-04 Apr-04 May-04 Jun-04
Purchase 3,000 ### ### ### ### ### ### ###
Opening + Purchase - Cost of Goods Sold = Closing
=====> Purchase = Closing + Cost of Goods Sold - Opening
Creditors Day 75 days
Jan-04 Feb-04 Mar-04 Apr-04 May-04 Jun-04
Accounts Payable ### ### ### ### ### ###
Debtors Day 45 days
Cash Cycle Stock Days Debtors Days
Cash
Creditors Days Days

9. Jul-04 Aug-04 Sep-04
5,500 4,700 6,700

10. Dec-03 Go Back to Assumptions
Stock Value 8,500
Stock Days #VALUE! days
Jan-04 Feb-04 Mar-04 Apr-04
Cost of Goods Sold 3,253 1,540 3,548 4,500
Stock Value 8,500
Cost of Goods Sold Days
Jan-04 3,253 30
--------------
5,247
Feb-04 1,540 30
--------------
3,707
Mar-04 3,548 30
--------------
159
Apr-04 4,500 1
-------------- --------------
- 91

12. Dickson Manufacturing Company
2006 Budget Goto PNL
Headcount
Pension
Expenses per 1 staff
Overtime Company Personal
2005 Basic Total 10% 8%
Dept/Position Salary Salary Hours Pay Gross
Management
General Mgr 75,000 79,500 - 79,500 3,975
Assistant to GM 7,500 7,950 - 7,950 564 451
Finance
Financial Controller 55,000 58,300 - 58,300 2,000
Finance Manager 15,000 15,900 - 15,900 564 451
Cost Accountant 9,000 9,540 15 1,283 10,823 564 451
A. Accountant 5,000 5,300 15 713 6,013 530 424
Human Resources
HR Manager 16,000 16,960 - 16,960 564 451
HR Supervisor 8,000 8,480 - 8,480 564 451
HR Assistant 2,800 2,968 15 399 3,367 297 237
HR Assistant 5,000 5,300 15 713 6,013 530 424
Receptionist 1,500 1,590 15 214 1,804 159 127
Supply Chain
SC Manager 25,000 26,500 - 26,500 564 451
Sourcing Manager 16,500 17,490 - 17,490 564 451
Sourcing Engineer 6,000 6,360 15 855 7,215 564 451
Sourcing Assistant 2,000 2,120 15 285 2,405 212 170
Vendor Admin 1,900 2,014 15 271 2,285 201 161
Vendor Manager 22,000 23,320 - 23,320 564 451
Engineer 5,500 5,830 15 784 6,614 564 451
Planning Manager 16,500 17,490 - 17,490 564 451
Distribution Manager 12,000 12,720 - 12,720 564 451
Supervisor 6,000 6,360 20 1,140 7,500 564 451
Workers 580 615 20 110 725 78 62
Production
Production Manager 40,000 42,400 - 42,400 564 451

13. Assistant Prod. Mgr 18,000 19,080 - 19,080 564 451
Clerk 2,000 2,120 - 2,120 212 170
Line Leader 1,000 1,060 - 1,060 78 62
A. Leader 800 848 - 848 78 62
Material Feeder 580 615 - 615 78 62
Worker 580 615 - 615 78 62
Back up worker 580 615 - 615 78 62
Assistant PE Mgr 17,000 18,020 - 18,020 564 451
Electronics Engineer 5,000 5,300 - 5,300 530 424
Industrial Engineering Engineer 5,500 5,830 - 5,830 564 451
Mechanical Engineer 5,000 5,300 - 5,300 530 424
Fixture Technician 2,000 2,120 - 2,120 212 170
Repair Technician 2,000 2,120 - 2,120 212 170
Product Development
Engineering Manager 20,000 21,200 - 21,200 564 451
Document Control Clerk 3,300 3,498 15 470 3,968 350 280
Senior Engineer 7,000 7,420 - 7,420 564 451
Engineers 4,700 4,982 15 670 5,652 498 399
Quality Engineering
Quality Manager 22,000 23,320 - 23,320 564 451
Assistant Quality Manager 9,000 9,540 - 9,540 564 451
Quality Engineer 7,000 7,420 - 7,420 564 451
Document/IQC Supervisor 4,000 4,240 - 4,240 424 339
PQC/PQA Supervisor 4,000 4,240 - 4,240 424 339
Clerk 2,000 2,120 - 2,120 212 170
Inspector 580 615 - 615 78 62
------------
535,149

14. Industrial Unemploy
Mertanity Medical Housing Ttl Deduction
injury ment
Assessable
Company Company Company Company Personal Company Personal Company Personal Tax
Income
0.50% 0.50% 1.50% 7.50% 2% 10% 10%
2,000 5,975 75,500 Err:502
28 9 28 423 113 795 795 1,848 1,359 5,391 Err:502
2,000 4,000 54,300 Err:502
28 9 28 423 113 1,590 1,590 2,643 2,154 12,546 Err:502
28 9 28 423 113 954 954 2,007 1,518 8,105 Err:502
27 9 28 398 106 530 530 1,522 1,060 3,753 Err:502
28 9 28 423 113 1,696 1,696 2,749 2,260 13,500 Err:502
28 9 28 423 113 848 848 1,901 1,412 5,868 Err:502
15 9 28 223 59 297 297 869 594 1,573 Err:502
27 9 28 398 106 530 530 1,522 1,060 3,753 Err:502
8 9 24 119 32 159 159 478 318 286 Err:502
28 9 28 423 113 2,650 2,650 3,703 3,214 22,086 Err:502
28 9 28 423 113 1,749 1,749 2,802 2,313 13,977 Err:502
28 9 28 423 113 636 636 1,689 1,200 4,815 Err:502
11 9 28 159 42 212 212 631 424 781 Err:502
10 9 28 151 40 201 201 602 403 682 Err:502
28 9 28 423 113 2,332 2,332 3,385 2,896 19,224 Err:502
28 9 28 423 113 583 583 1,636 1,147 4,267 Err:502
28 9 28 423 113 1,749 1,749 2,802 2,313 13,977 Err:502
28 9 28 423 113 1,272 1,272 2,325 1,836 9,684 Err:502
28 9 28 423 113 636 636 1,689 1,200 5,100 Err:502
4 9 17 59 16 167 78 - Err:502
28 9 28 423 113 4,240 4,240 5,293 4,804 36,396 Err:502

15. 28 9 28 423 113 1,908 1,908 2,961 2,472 15,408 Err:502
11 9 28 159 42 212 212 631 424 496 Err:502
4 9 17 59 16 167 78 - Err:502
4 9 17 59 16 167 78 - Err:502
4 9 17 59 16 167 78 - Err:502
4 9 17 59 16 167 78 - Err:502
4 9 17 59 16 167 78 - Err:502
28 9 28 423 113 1,802 1,802 2,855 2,366 14,454 Err:502
27 9 28 398 106 530 530 1,522 1,060 3,040 Err:502
28 9 28 423 113 583 583 1,636 1,147 3,483 Err:502
27 9 28 398 106 530 530 1,522 1,060 3,040 Err:502
11 9 28 159 42 212 212 631 424 496 Err:502
11 9 28 159 42 212 212 631 424 496 Err:502
28 9 28 423 113 2,120 2,120 3,173 2,684 17,316 Err:502
17 9 28 262 70 350 350 1,017 700 2,069 Err:502
28 9 28 423 113 742 742 1,795 1,306 4,914 Err:502
25 9 28 374 100 498 498 1,433 996 3,455 Err:502
28 9 28 423 113 2,332 2,332 3,385 2,896 19,224 Err:502
28 9 28 423 113 954 954 2,007 1,518 6,822 Err:502
28 9 28 423 113 742 742 1,795 1,306 4,914 Err:502
21 9 28 318 85 424 424 1,225 848 2,192 Err:502
21 9 28 318 85 424 424 1,225 848 2,192 Err:502
11 9 28 159 42 212 212 631 424 496 Err:502
4 9 17 59 16 167 78 - Err:502
----------
83,307

16. Double
Take Total Cost
Home per HC Pay/
Bonus
6
6
6
6
6
06
06
06
6
-0
-0
6
-0
-0
-0
-0
-0
b-
ay
n-
ar
p-
ug
pr
n
ct
l
Ju
Ju
Fe
Se
Ja
M
M
O
A
A
79,500 Err:502 14,575 1 1 1 1 1 1 1 1 1
Err:502 9,798 663 1 1 1 1 1 1 1 1 1
58,300 Err:502 10,688 1 1 1 1 1 1 1 1 1
Err:502 18,543 1,325 1 1 1 1 1 1 1 1 1
Err:502 12,829 795 1 1 1 1 1 1 1 1 1
Err:502 7,534 442 2 2 2 2 2 3 3 3 3
Err:502 19,709 1,413 1 1 1 1 1 1 1 1 1
Err:502 10,381 707 1 1 1 1 1 1 1 1 1
Err:502 4,236 247 1 1 1 1 1 1 1 1 1
Err:502 7,534 442 1 1 1 1 1 1 1 1 1
Err:502 2,282 133 1 1 1 1 1 1 1 1 1
Err:502 30,203 2,208 1 1 1 1 1 1 1 1 1
Err:502 20,292 1,458 1 1 1 1 1 1 1 1 1
Err:502 8,904 530 1 1 1 2 2 2 2 2 2
Err:502 3,036 177 1 1 1 1 1 2 2 2 2
Err:502 2,886 168 1 1 1 1 1 1 1 1 1
Err:502 26,705 1,943 1 1 1 2 2 2 2 2 2
Err:502 8,250 486 1 1 1 2 2 2 2 2 2
Err:502 20,292 1,458 1 1 1 1 1 1 1 1 1
Err:502 15,045 1,060 1 1 1 1 1 1 1 1 1
Err:502 9,189 530 1 1 1 1 1 2 2 2 2
Err:502 892 251 10 10 10 10 10 15 20 20 20
Err:502 47,693 3,533 1 1 1 1 1 1 1 1 1

17. Err:502 22,041 1,590 1 1 1 1 1 1 1 1 1
Err:502 2,751 177 1 1 1 1 1 1 2 2 2
Err:502 1,227 288 7 7 7 7 7 7 10 10 10
Err:502 1,015 271 14 14 14 14 14 14 20 20 20
Err:502 782 251 28 28 28 28 28 28 40 40 40
Err:502 782 251 245 245 245 245 245 245 350 350 350
Err:502 782 251 21 21 21 21 21 21 30 30 30
Err:502 20,875 1,502 1 1 1 1 1 1 1 1 1
Err:502 6,822 442 1 1 1 1 1 1 1 1 1
Err:502 7,466 486 1 1 1 1 1 1 1 1 1
Err:502 6,822 442 1 1 1 1 1 2 2 2 2
Err:502 2,751 177 1 1 1 1 1 2 2 2 2
Err:502 2,751 177 2 2 2 2 2 3 8 8 8
Err:502 24,373 1,767 1 1 1 1 1 1 1 1 1
Err:502 4,985 292 1 1 1 1 1 1 1 1 1
Err:502 9,215 618 1 1 1 1 1 1 1 1 1
Err:502 7,084 415 3 6 6 6 6 6 6 6 6
Err:502 26,705 1,943 1 1 1 1 1 1 1 1 1
Err:502 11,547 795 1 1 2 2 2 2 2 2 2
Err:502 9,215 618 1 1 1 1 1 1 1 1 1
Err:502 5,465 353 2 2 2 2 2 2 2 2 2
Err:502 5,465 353 1 1 1 2 2 2 2 2 2
Err:502 2,751 177 1 1 2 2 2 2 2 2 2
Err:502 782 251 28 28 28 28 28 28 40 40 40
------------ -------- -------- -------- -------- -------- -------- -------- -------- --------
59,117 398 401 403 407 407 418 576 576 576

18. Headcount Explanation
1. New Staff join in different months, not necessary being on board on J
2. Number of production line operators & Inspectors depends on instalm
6
6
6
06
6
-0
-0
-0
-0
p-
ug
ov
ec
ct
Se
O
N
D
3. The company follows labor regulation and apply for consoliated work
1 1 1
1 1 1 4. The company does not pay income tax for staff, only does tax equaliz
5. Production operators & inspectors are working overtime based on pro
1 1 1
1 1 1
1 1 1
3 3 3
Goto Detail Headcount
1 1 1
1 1 1
1 1 1
1 1 1
1 1 1
1 1 1
1 1 1
2 2 2
2 2 2
1 1 1
2 2 2
2 2 2
1 1 1
1 1 1
2 2 2
20 20 20
1 1 1

19. 1 1 1
2 2 2
10 10 10
20 20 20
40 40 40
350 350 350
30 30 30
1 1 1
1 1 1
1 1 1
2 2 2
2 2 2
8 8 8
1 1 1
1 1 1
1 1 1
6 6 6
1 1 1
2 2 2
1 1 1
2 2 2
2 2 2
2 2 2
40 40 40
-------- -------- --------
576 576 576

20. ssary being on board on Jan
ectors depends on instalment of production line
pply for consoliated working hours, i.e. OT Pay on Saturday is 1.5 times of normal wages
aff, only does tax equalization for GM & Financial Controller
ng overtime based on production needs

22. Dickson Manufacturing Company
2006 Budget
Goto Conclusion
Balance Sheet
Dec-05 Jan-06 Feb-06 Mar-06 Apr-06 May-06 Jun-06
Asset
Cash & Bank 500 500 500 500 500 500 500
Stock
Material
Mechanism ### ### ### ### ### ### ###
Plastic ### ### ### ### ### ### ###
Packing ### ### ### ### ### ### ###
WIP ### ### ### ### ### ### ###
FG ### ### ### ### ### ### ###
Ttl Stock #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!
Accounts Rec. ### ### ### ### ### ### ###
Other Rec 200 200 200 200 200 200 200
------------ ------------ ------------ ------------ ------------ ------------ ------------
### ### ### ### ### ### ###
Fixed Asset
Cost 5,600 5,600 5,600 5,600 5,600 5,600 5,600
Acc. Dep 2,240 2,333 2,427 2,520 2,613 2,707 2,800
------------ ------------ ------------ ------------ ------------ ------------ ------------
3,360 3,267 3,173 3,080 2,987 2,893 2,800
Total Asset ### ### ### ### ### ### ###
Liability
Accounts Pay. ### ### ### ### ### ### ###
Other Payable 500 500 500 500 500 500 500
Loan
------------ ------------ ------------ ------------ ------------ ------------ ------------
### ### ### ### ### ### ###
Net Asset ### ### ### ### ### ### ###
======= ======= ======= ======= ======= ======= =======
Equity
Capital 3,000 3,000 3,000 3,000 3,000 3,000 3,000
R/E B/F 1,850 2,350 2,350 2,350 2,350 2,350 2,350
Curent R/E 500 Err:502 Err:502 Err:502 Err:502 Err:502 Err:502
------------ ------------ ------------ ------------ ------------ ------------ ------------
5,350 Err:502 Err:502 Err:502 Err:502 Err:502 Err:502

23. ======= ======= ======= ======= ======= ======= =======
Extra Cash/(Loan) ### Err:502 Err:502 Err:502 Err:502 Err:502 Err:502

24. Jul-06 Aug-06 Sep-06 Oct-06 Nov-06 Dec-06
500 500 500 500 500 500
Days
### ### ### ### ### ### 45
### ### ### ### ### ### 20
### ### ### ### ### ### 10
### ### ### ### ### ### 7
### ### ### ### ### ### 3
#VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!
### ### ### ### ### ### 30
200 200 200 200 200 200
------------ ------------ ------------ ------------ ------------ ------------
### ### ### ### ### ###
8,000 8,000 8,000 8,000 8,000 8,000
2,933 3,067 3,200 3,333 3,467 3,600
------------ ------------ ------------ ------------ ------------ ------------
5,067 4,933 4,800 4,667 4,533 4,400
### ### ### ### ### ###
### ### ### ### ### ### 55
500 500 500 500 500 500
------------ ------------ ------------ ------------ ------------ ------------
### ### ### ### ### ###
### ### ### ### ### ###
======= ======= ======= ======= ======= =======
3,000 3,000 3,000 3,000 3,000 3,000
2,350 2,350 2,350 2,350 2,350 2,350
Err:502 Err:502 Err:502 Err:502 Err:502 Err:502
------------ ------------ ------------ ------------ ------------ ------------
Err:502 Err:502 Err:502 Err:502 Err:502 Err:502

25. ======= ======= ======= ======= ======= =======
Err:502 Err:502 Err:502 Err:502 Err:502 Err:502

26. Nov-05 Dec-05 Jan-06 Feb-06 Mar-06 Apr-06 May-06 Jun-06
Purchase ### #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

28. Jul-06 Aug-06 Sep-06 Oct-06 Nov-06 Dec-06
#VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

30. Dickson Manufacturing Company
2006 Budget Goto Balance Sheet
Profit & Loss
Jan-06 Feb-06 Mar-06 Apr-06 May-06 Jun-06 Jul-06 Aug-06
Sales 3,631 1,460 3,275 3,524 2,830 3,204 4,094 5,340
Cost of Goods Sold
Mechanism 1,654 665 1,492 1,606 1,289 1,460 1,865 2,433
Plastic 408 164 368 396 318 360 460 600
Packing 265 107 239 257 207 234 299 390
---------- ---------- ---------- ---------- ----------- ---------- ---------- ----------
2,328 936 2,099 2,259 1,814 2,054 2,624 3,423
Stock provision 12 5 10 11 9 10 13 17
Manufacturing O/H
Supply Chain 164 164 164 211 211 229 233 233
Production 542 494 494 548 494 507 680 723
Product Development 64 86 86 86 86 86 86 86
Quality 99 95 110 121 116 116 126 129
---------- ---------- ---------- ---------- ----------- ---------- ---------- ----------
Total COS: 3,208 1,779 2,964 3,236 2,730 3,002 3,763 4,612
Gross Profit 423 (320) 311 288 100 202 331 728
Admin. Expenses
GM Err:502 Err:502 Err:502 Err:502 Err:502 Err:502 Err:502 Err:502
Finance Err:502 Err:502 Err:502 Err:502 Err:502 Err:502 Err:502 Err:502
HR 47 47 47 47 47 47 47 47
---------- ---------- ---------- ---------- ----------- ---------- ---------- ----------
Err:502 Err:502 Err:502 Err:502 Err:502 Err:502 Err:502 Err:502
Net Income Err:502 Err:502 Err:502 Err:502 Err:502 Err:502 Err:502 Err:502
====== ====== ====== ====== ====== ====== ====== ======

31. Mechanism 1,654 665 1,492 1,606 1,289 1,460 1,865 2,433
Plastic 408 164 368 396 318 360 460 600
Packing 265 107 239 257 207 234 299 390
---------- ---------- ---------- ---------- ----------- ---------- ---------- ----------
2,328 936 2,099 2,259 1,814 2,054 2,624 3,423

32. Sep-06 Oct-06 Nov-06 Dec-06 Total
6,194 5,856 4,966 4,592 48,968
2,822 2,668 2,263 2,092 22,311
696 658 558 516 5,502
452 428 363 335 3,576
---------- ---------- ---------- ---------- -----------
3,971 3,754 3,183 2,944 31,389
20 19 16 15 157
233 233 233 233 2,544
851 859 707 691 7,588
86 86 86 86 1,012
141 142 128 127 1,448
---------- ---------- ---------- ---------- -----------
5,302 5,093 4,354 4,095 44,139
892 763 612 497 4,829
Err:502 Err:502 Err:502 Err:502 Err:502
Err:502 Err:502 Err:502 Err:502 Err:502
47 47 47 47 565
---------- ---------- ---------- ---------- -----------
Err:502 Err:502 Err:502 Err:502 Err:502
Err:502 Err:502 Err:502 Err:502 Err:502
====== ====== ====== ====== ======

33. 2,822 2,668 2,263 2,092 1,903 765
696 658 558 516 469 189
452 428 363 335 305 123
---------- ---------- ---------- ---------- ----------- --------
3,971 3,754 3,183 2,944 2,677 ###

34. Cashflow
Jan-08 Feb-08 Mar-08 Apr-08 May-08 Jun-08 Jul-08 Aug-08 Sep-08 Oct-08
Net Income 157 (258) 45 22 166 72 57 454 618 489
Add:
Depreciation 117 117 117 117 117 125 125 125 125 125
Change of WC
A/R (545) 2,172 (1,816) (249) 694 (374) (890) (1,246) (854) 338
Inventory 1,274 (632) 10 474 (605) (1,160) (1,339) (622) 574 880
A/P (803) (1,233) 784 (702) 380 1,323 1,412 706 (580) (1,063)
Others
--------- ---------- ---------- --------- ---------- ---------- ---------- ---------- --------- ----------
(73) 307 (1,022) (478) 469 (211) (817) (1,162) (860) 155
Capex - - - - (200) - (1,200) - - -
Cash (Surplus)/Loan Required
(50) (165) 861 339 (552) 15 1,836 583 118 (769)
--------- ---------- ---------- --------- ---------- ---------- ---------- ---------- --------- ----------
150 - - - - - - - - -
Bginning Cash Balance 150 300 300 300 300 300 300 300 300 300
Net Cashflow 150 - - - - - - - - -
Ending Cash Balance 300 300 300 300 300 300 300 300 300 300
===== ====== ====== ===== ====== ====== ====== ====== ===== ======

35. Cur: HKD'000
Nov-08 Dec-08
338 223
125 125
890 374
453 1,156
(579) (1,062)
---------- ----------
764 468
- -
(1,227) (815)
---------- ----------
- -
300 300
- -
300 300
====== ======

36. Dickson Manufacturing Company
2006 Budget
Dept: General Management
Jan-06 Feb-06 Mar-06 Apr-06 May-06 Jun-06 Jul-06 Aug-06 Sep-06
People Expenses
Salary 87 87 87 87 87 87 87 87 87
OT - - - - - - - - -
Double Pay/Bonus 7 7 7 7 7 7 7 7 7
Social Insurance 8 8 8 8 8 8 8 8 8
IIT Err:502 Err:502 Err:502 Err:502 Err:502 Err:502 ### Err:502 Err:502
Dormitory
Meal
Mgt Fees
Training
Others
Facility
Depreciation
--------- ---------- ---------- ---------- ----------- --------- -------- ---------- ----------
Err:502 Err:502 Err:502 Err:502 Err:502 Err:502 ### Err:502 Err:502

37. Oct-06 Nov-06 Dec-06 Total
87 87 87 1,049
- - - -
7 7 7 87
8 8 8 94
Err:502 Err:502 Err:502 Err:502
---------- ---------- ---------- ----------
Err:502 Err:502 Err:502 Err:502

38. Dickson Manufacturing Company
2006 Budget
Dept: Finance
Jan-06 Feb-06 Mar-06 Apr-06 May-06 Jun-06 Jul-06 Aug-06 Sep-06
People Expenses
Salary 94 94 94 94 94 100 100 100 100
OT 3 3 3 3 3 3 3 3 3
Double Pay/Bonus 8 8 8 8 8 8 8 8 8
Social Insurance 12 12 12 12 12 13 13 13 13
IIT Err:502 Err:502 Err:502 Err:502 Err:502 Err:502 ### Err:502 Err:502
Dormitory
Meal
Mgt Fees
Training
Others
Facility
Depreciation
--------- ---------- ---------- ---------- ----------- --------- -------- ---------- ----------
Err:502 Err:502 Err:502 Err:502 Err:502 Err:502 ### Err:502 Err:502

39. Oct-06 Nov-06 Dec-06 Total
100 100 100 1,169
3 3 3 37
8 8 8 97
13 13 13 151
Err:502 Err:502 Err:502 Err:502
---------- ---------- ---------- ----------
Err:502 Err:502 Err:502 Err:502

40. Dickson Manufacturing Company
2006 Budget
Dept: Human Resources
Jan-06 Feb-06 Mar-06 Apr-06 May-06 Jun-06 Jul-06 Aug-06 Sep-06
People Expenses
Salary 35 35 35 35 35 35 35 35 35
OT 1 1 1 1 1 1 1 1 1
Double Pay/Bonus 3 3 3 3 3 3 3 3 3
Social Insurance 8 8 8 8 8 8 8 8 8
IIT
Dormitory
Meal
Mgt Fees
Training
Others
Facility
Depreciation
--------- ---------- ---------- ---------- ----------- --------- -------- ---------- ----------
47 47 47 47 47 47 47 47 47

41. Oct-06 Nov-06 Dec-06 Total
35 35 35 424
1 1 1 16
3 3 3 35
8 8 8 90
-
---------- ---------- ---------- ----------
47 47 47 565

42. Dickson Manufacturing Company
2006 Budget
Dept: Supply Chain
Jan-06 Feb-06 Mar-06 Apr-06 May-06 Jun-06 Jul-06 Aug-06 Sep-06
People Expenses
Salary 126 126 126 162 162 173 176 176 176
OT 4 4 4 6 6 8 9 9 9
Double Pay/Bonus 11 11 11 13 13 14 15 15 15
Social Insurance 23 23 23 30 30 33 34 34 34
IIT
Dormitory
Meal
Mgt Fees
Training
Others
Facility
Depreciation
--------- ---------- ---------- ---------- ----------- --------- -------- ---------- ----------
164 164 164 211 211 229 233 233 233

43. Oct-06 Nov-06 Dec-06 Total
176 176 176 1,935
9 9 9 85
15 15 15 161
34 34 34 363
-
---------- ---------- ---------- ----------
233 233 233 2,544

44. Dickson Manufacturing Company
2006 Budget
Dept: Production
Jan-06 Feb-06 Mar-06 Apr-06 May-06 Jun-06 Jul-06
People Expenses
Salary 304 304 304 304 304 314 412
OT 48 - - 54 - - -
Double Pay/Bonus 25 25 25 25 25 26 34
Social Insurance 71 71 71 71 71 74 100
IIT
Dormitory
Meal
Mgt Fees
Training
Others
Facility
Depreciation 93 93 93 93 93 93 133
----------- ---------- ---------- ---------- ----------- --------- --------
542 494 494 548 494 507 680
OT Calculation
Production Manager
Assistant Prod. Mgr
Clerk 7 - - 7 - - -
Line Leader 26 - - 29 - - -
A. Leader 26 - - 29 - - -
Material Feeder 26 - - 29 - - -
Worker 26 - - 29 - - -
Back up worker 26 - - 29 - - -
Assistant PE Mgr - - - - - - -
Electronics Engineer 7 - - 7 - - -
Industrial Engineering Engineer 7 - - 7 - - -
Mechanical Engineer 7 - - 7 - - -
Fixture Technician 7 - - 7 - - -

45. Repair Technician 7 - - 7 - - -

46. Aug-06 Sep-06 Oct-06 Nov-06 Dec-06 Total
412 412 412 412 412 4,311
43 171 179 27 11 531
34 34 34 34 34 359
100 100 100 100 100 1,027
-
133 133 133 133 133 1,360
---------- ---------- ---------- ---------- ---------- ----------
723 851 859 707 691 7,588
Hourly Rate
4 16 17 3 1 19
16 64 67 10 4 10
16 64 67 10 4 8
16 64 67 10 4 6
16 64 67 10 4 6
16 64 67 10 4 6
- - - - -
4 16 17 3 1 48
4 16 17 3 1 52
4 16 17 3 1 48
4 16 17 3 1 19

47. 4 16 17 3 1 19

48. Dickson Manufacturing Company
2006 Budget
Dept: Product Development
Jan-06 Feb-06 Mar-06 Apr-06 May-06 Jun-06 Jul-06 Aug-06 Sep-06
People Expenses
Salary 47 62 62 62 62 62 62 62 62
OT 2 4 4 4 4 4 4 4 4
Double Pay/Bonus 4 5 5 5 5 5 5 5 5
Social Insurance 10 15 15 15 15 15 15 15 15
IIT
Dormitory
Meal
Mgt Fees
Training
Others
Facility
Depreciation
--------- ---------- ---------- ---------- ----------- --------- -------- ---------- ----------
64 86 86 86 86 86 86 86 86

49. Oct-06 Nov-06 Dec-06 Total
62 62 62 729
4 4 4 52
5 5 5 61
15 15 15 171
-
---------- ---------- ---------- ----------
86 86 86 1,012

50. Dickson Manufacturing Company
2006 Budget
Dept: Quality
Jan-06 Feb-06 Mar-06 Apr-06 May-06 Jun-06 Jul-06 Aug-06
People Expenses
Salary 72 72 84 88 88 88 96 96
OT 4 - - 5 - - - 4
Double Pay/Bonus 6 6 7 7 7 7 8 8
Social Insurance 16 16 19 20 20 20 22 22
IIT
Dormitory
Meal
Mgt Fees
Training
Others
Facility
Depreciation
---------- ---------- ---------- ---------- ----------- --------- -------- ----------
99 95 110 121 116 116 126 129
OT Calculation
Quality Manager
Assistant Quality Manager
Quality Engineer
Document/IQC Supervisor
PQC/PQA Supervisor 5 - - 6 - - - 3
Clerk 5 - - 6 - - - 3
Inspector 26 - - 29 - - - 16

51. Sep-06 Oct-06 Nov-06 Dec-06 Total
96 96 96 96 1,067
16 16 2 1 49
8 8 8 8 89
22 22 22 22 243
-
---------- ---------- ---------- ---------- ----------
141 142 128 127 1,448
13 13 2 1 43 38
13 13 2 1 43 19
64 67 10 4 216 6