Company                                
Projected Balance Sheets                              
As of 12/31/04   2004   2005   2006   2007   2008   2009   2010   2011
                                   
Cash     94,932   191,324   358,461   571,918   842,828   1,113,738   1,384,647   1,655,557
                                   
Other Current Assets 279,256   279,256   279,256   279,256   279,256   279,256   279,256   279,256
                                   
  Total Current Assets 374,188   470,580   637,717   851,174   1,122,084   1,392,994   1,663,903   1,934,813
                                   
Other Non-Current Assets 427,147   427,147   427,147   427,147   427,147   427,147   427,147   427,147
                                   
  Total Assets 801,335   897,727   1,064,864   1,278,321   1,549,231   1,820,141   2,091,050   2,361,960
                                   
Current Liabilities 354,084   354,084   354,084   354,084   354,084   354,084   354,084   354,084
                                   
Non-Current Liabilities 304,537   304,537   304,537   304,537   304,537   304,537   304,537   304,537
                                   
  Total Liabilities 658,621   658,621   658,621   658,621   658,621   658,621   658,621   658,621
                                   
Common Stock   25,000   25,000   25,000   25,000   25,000   25,000   25,000   25,000
                                   
Beginning Retained Earnings 1,048   117,714   214,106   381,243   594,700   865,610   1,136,520   1,407,429
                                   
  Less:  Distributions (40,000)   (50,000)   (60,000)   (70,000)   (80,000)   (80,000)   (80,000)   (80,000)
                                   
  Less:  Note Payment 0   (105,182)   (105,182)   (105,182)   (105,182)   (105,182)   (105,182)   (105,182)
                                   
  Add:  Current Year Profit 156,666   251,573   332,319   388,639   456,091   456,091   456,091   456,091
                                   
Ending Retained Earnings 117,714   214,106   381,243   594,700   865,610   1,136,520   1,407,429   1,678,339
                                   
Total Equity   142,714   239,106   406,243   619,700   890,610   1,161,520   1,432,429   1,703,339
                                   
  Total Liabilities & Equity 801,335   897,727   1,064,864   1,278,321   1,549,231   1,820,141   2,091,050   2,361,960
                                   
          96,392   167,137   213,457   270,910   270,910   270,910   270,910

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Projected FS for Bank.xls




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