822024697.
xlsx
Cover Page
Overview
Company name: Insert company name
Project name: Insert project name
Project description: Insert a quick description of the project
Project manager: Insert the name, title and business unit of the project manager
Change manager: Insert the name, title and business unit of the change manager
Project sponsor: Insert the name, title and business unit of the project sponsor
Objective To create our income statement based on key assumptions
Document owner: Insert document owner's name
Last update: Insert date (e.g. March 12 2023)
Model status: Work in progress
Table of contents
Income Statement Includes Revenue, Net Income and a Dashboard
Formatting
Hard-coded input font color Light blue
Formula font color black
Page 1 of 4
Income Statement Actuals Estimates
All figures in USD thousands unless stated 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
Assumptions
Revenue Growth (% Change) 10.0% 9.1% 8.3% 7.7% 7.0% 7.0% 7.0% 6.0% 6.0%
Cost of Goods Sold (% of Revenue) 30.0% 31.8% 33.3% 34.6% 35.7% 36.0% 36.0% 37.0% 37.0% 37.0%
Selling, general, and administrative ($000's) 30,000 28,000 28,000 27,000 27,000 27,000 27,000 27,000 26,000 26,000
Depreciation & Amortization 20,000 19,000 18,000 17,000 16,000 15,000 13,500 12,450 11,715 11,201
Interest 2,000 4,000 3,800 3,800 3,800 3,500 3,500 3,500 3,100 3,000
Tax Rate (% of Earnings Before Tax) 11.1% 20.8% 23.2% 21.5% 25.7% 30.0% 30.0% 30.0% 30.0% 30.0%
Income Statement
Revenue 100,000 110,000 120,000 130,000 140,000 149,800 160,286 171,506 181,796 192,704
Cost of Goods Sold (COGS) 30,000 35,000 40,000 45,000 50,000 53,928 57,703 63,457 67,265 71,301
Gross Profit 70,000 75,000 80,000 85,000 90,000 95,872 102,583 108,049 114,532 121,404
Expenses
Selling, general, and administrative 30,000 28,000 28,000 27,000 27,000 27,000 27,000 27,000 26,000 26,000
Depreciation & Amortization 20,000 19,000 18,000 17,000 16,000 15,000 13,500 12,450 11,715 11,201
Interest expenses 2,000 4,000 3,800 3,800 3,800 3,500 3,500 3,500 3,100 3,000
Total Expenses 52,000 51,000 49,800 47,800 46,800 45,500 44,000 42,950 40,815 40,201
Earnings Before Tax 18,000 24,000 30,200 37,200 43,200 50,372 58,583 65,099 73,717 81,203
Taxes 2,000 5,000 7,000 8,000 11,100 15,112 17,575 19,530 22,115 24,361
Net Income 16,000 19,000 23,200 29,200 32,100 35,260 41,008 45,569 51,602 56,842
Dashboard
Income Statement
250,000
200,000
150,000
100,000
50,000
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2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Revenue Gross Profit Net Income
Table to create the Dashboard
2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Revenue 100,000 110,000 120,000 130,000 140,000 149,800 160,286 171,506 181,796 192,704
Gross Profit 70,000 75,000 80,000 85,000 90,000 95,872 102,583 108,049 114,532 121,404
Net Income 16,000 19,000 23,200 29,200 32,100 35,260 41,008 45,569 51,602 56,842
