Business Plan Africa Investor-Ready Plans

Essence Premium Catering Business Plan — Appendix B: Capital Schedules

Detailed capital expenditure schedules by year covering kitchen equipment, cold chain, vehicles and site infrastructure.

Appendix B: Capital Schedules

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B.1 Year 1 capital
B.2 Year 2 capital
B.3 Year 3 capital
B.4 Year 4 capital
B.5 Year 5 capital
B.6 Capital summary
B.7 Asset roll-forward

B.1 Year 1 capital

Item	R’000	Treatment	Share of year
Production kitchen fit-out, floors, drainage and extraction	585	Capitalised	18.8%
Combi ovens, bratt pans, boiling pans and ranges	640	Capitalised	20.5%
Cold room, freezer room and blast chiller	420	Capitalised	13.5%
Preparation, stainless steel and wash-up	265	Capitalised	8.5%
Hot boxes, bain-maries, insulated transport containers	185	Capitalised	5.9%
Delivery vehicle, refrigerated	465	Capitalised	14.9%
Solar and inverter backup	165	Capitalised	5.3%
Certificate of Acceptability, fire and municipal compliance	96	Capitalised	3.1%
Licences, professional fees and deposits	84	Capitalised	2.7%
Opening stock and pre-contract working capital	210	Working capital	6.7%
Total Year 1	3 115		100.0%
Less landlord installation allowance	(165)	Reduction in cost
Net cash requirement, Year 1	2 950

B.2 Year 2 capital

Item	R’000	Treatment	Share of year
Second delivery vehicle	380	Capitalised	55.1%
Additional hot boxes and equipment	145	Capitalised	21.0%
Cold chain expansion	165	Capitalised	23.9%
Total Year 2	690		100.0%

B.3 Year 3 capital

Item	R’000	Treatment	Share of year
Kitchen capacity expansion and second line	620	Capitalised	43.8%
Third vehicle	420	Capitalised	29.7%
Serving counters and site equipment	265	Capitalised	18.7%
Systems and menu costing software	110	Capitalised	7.8%
Total Year 3	1 415		100.0%

B.4 Year 4 capital

Item	R’000	Treatment	Share of year
Bulk production upgrade	480	Capitalised	38.7%
Fourth vehicle	440	Capitalised	35.5%
Site equipment for new contracts	320	Capitalised	25.8%
Total Year 4	1 240		100.0%

B.5 Year 5 capital

Item	R’000	Treatment	Share of year
Kitchen and cold chain expansion	560	Capitalised	37.8%
Fifth vehicle	460	Capitalised	31.1%
Site equipment	340	Capitalised	23.0%
Systems	120	Capitalised	8.1%
Total Year 5	1 480		100.0%

B.6 Capital summary

Year	Capitalised, gross	Allowance	Capitalised, net	Working capital	Total
Year 1	2 905	(165)	2 740	210	3 115
Year 2	690	—	690	—	690
Year 3	1 415	—	1 415	—	1 415
Year 4	1 240	—	1 240	—	1 240
Year 5	1 480	—	1 480	—	1 480
Total	7 730	(165)	7 565	210	7 940

B.7 Asset roll-forward

R’000	Year 1	Year 2	Year 3	Year 4	Year 5
Opening balance	—	2 397	2 668	3 509	4 038
Additions, gross	2 905	690	1 415	1 240	1 480
Less landlord installation allowance	(165)	—	—	—	—
Net additions	2 740	690	1 415	1 240	1 480
Depreciation	(343)	(419)	(574)	(711)	(873)
Closing balance	2 397	2 668	3 509	4 038	4 645

Previous sectionA. Appendix A: Consolidated Financial Summary

Next sectionC. Appendix C: Funding and Debt Schedules