财务计划

销售增长率20%

利润表

2004（实际）2005（计划）

销售收入905,0001,086,000

销售成本710,000852,000

其他费用12,00014,400

EBIT183,000219,600

利息费用19,70019700

税前利润163,300199,900

Taxes @ 35%57,15569,965

净利润

股利42,45851,974

留存收益增加63,68777,961

资产负债表

2005(计划）相对于上年变动

300005,000

516008,600

9120015,200

17280028,800

43680072,800

101,600

流动负债

应付账款65,0007800013,000应付票据9,0009,000-流动负债合计74,00087,00013,000长期负债156,000156,000-总负债230,000243,00013,000

股本21,00021,000-留存收益257,000334,96177,961负债权益合计598,96190,961

内部融资

90,961

ROA b

内部增长率14.66%0.210.60

ROE0.37

b0.60

可持续增长率28.04%

使用80%生产能力全部能力生产下销售收入销售收入增长在需要

预计销售收入增长率(%)内部融资外部融资

指定数90,961 10,639

0%63687-63687

5%70505.5-45105.5

10%77324-2652415%84,143 -7,943

20%909611063925%97779.529220.530%1045984780235%111416.566383.540%1182358496545%125053.5103546.550%131872122,128

55%138690.5140709.560%14550915929165%152327.5177,873

70%159146196,454

75%165964.5215035.580%17278323361785%179601.5252198.590%18642027078095%193238.5289361.5100%200,057.00 307,943.00

外部融资

10,639

0.8

1,357,500

50.00%内时不需要增加固定资产

-62,161外部融资

总资产

609,600

508000

533400

558800

584,200

609600

635000

660400

685800

711200

736600

762000

787400

812800

838200

863600

889000

914400

939800

965200

990600

1,016,000.00