20 

P

ROJECTED 

B

ALANCE 

S

HEET

 

 

 

 

 

 

 

Year 1 

Year 2

Year 3

Year 4

Year 5

Assets
Current Assets
    Cash

624,765

€                

 

91,891,146

€                

 

343,029,772

€      

 

1,008,619,829

€     

 

1,555,022,542

€       

 

   Other Current Assets

338,983

€                

 

169,491

€                     

 

-

€                     

 

(169,491)

€              

 

(338,983)

€                

 

Total Current Assets

963,748

€                

 

92,060,637

€                

 

343,029,772

€      

 

1,008,450,338

€     

 

1,554,683,559

€       

 

Long-term Assets
   Long-term Assets

13,491,526

€           

 

13,491,526

€                

 

13,491,526

€        

 

13,491,526

€          

 

13,491,526

€            

 

   Accumulated Depreciation

-

€                        

 

-

€                             

 

-

€                     

 

-

€                       

 

-

€                         

 

  Total Long-term Assets

13,491,526

€           

 

13,491,526

€                

 

13,491,526

€        

 

13,491,526

€          

 

13,491,526

€            

 

Total Assets

14,455,273

€           

 

105,552,162

€              

 

356,521,297

€      

 

1,021,941,863

€     

 

1,568,175,085

€       

 

Liabilities and Capital
Current Liabilities
    Accounts Payable

-

€                        

 

-

€                             

 

-

€                     

 

-

€                       

 

-

€                         

 

    Current Borowing

-

€                        

 

-

€                             

 

-

€                     

 

-

€                       

 

-

€                         

 

    Other Current Liabilities

-

€                        

 

-

€                             

 

-

€                     

 

-

€                       

 

-

€                         

 

Subtotal Current Liabilities

-

€                        

 

-

€                             

 

-

€                     

 

-

€                       

 

-

€                         

 

Long-term Liabilities

-

€                        

 

-

€                             

 

-

€                     

 

-

€                       

 

-

€                         

 

Total Liabilities

-

€                        

 

-

€                             

 

-

€                     

 

-

€                       

 

-

€                         

 

Common Stock

14,000,000

€           

 

14,000,000

€                

 

14,000,000

€        

 

14,000,000

€          

 

14,000,000

€            

 

Retained Earnings

455,274

€                

 

91,552,163

€                

 

342,521,298

€      

 

1,007,941,864

€     

 

1,554,175,085

€       

 

Total Capital

14,455,274

€           

 

105,552,163

€              

 

356,521,298

€      

 

356,521,298

€        

 

1,568,175,085

€       

 

Total Liabilities and Capital

14,455,273

€           

 

105,552,162

€              

 

356,521,297

€      

 

1,021,941,863

€     

 

1,568,175,085

€       

 

Pro Forma Balance Sheet

$0

$2,000,000

$4,000,000

$6,000,000

$8,000,000

$10,000,000

$12,000,000

$14,000,000

$16,000,000

$18,000,000

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Breakeven Analysis