TOUCHTOP TECHNOLOGIES, INC.Statement of Projected Results of Operations – Common Size Assuming Equity Financing of Approximately $2.3 Million on January 1, 1997 For Each of the Five Years Ending December 31, 2001
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1997 |
1998 |
1999 |
2000 |
2001 |
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|
|
|
|
|
Operating expenses: |
|
|
|
|
|
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|
|
|
|
|
Sales & Marketing: |
|
|
|
|
|
Salaries |
NM |
2.7% |
2.5% |
3.3% |
3.9% |
Benefits |
NM |
0.7% |
0.6% |
0.8% |
0.9% |
Telephone |
NM |
1.0% |
1.0% |
1.0% |
1.0% |
Supplies |
NM |
1.5% |
1.5% |
1.5% |
1.5% |
Travel |
NM |
0.7% |
0.7% |
0.7% |
0.7% |
Promotion |
NM |
12.0% |
12.0% |
12.0% |
12.0% |
Professional services |
NM |
0.9% |
0.8% |
0.9% |
1.1% |
Miscellaneous expenses |
NM |
0.3% |
0.3% |
0.4% |
0.4% |
Total Sales & Marketing
|
NM |
19.8% |
19.4% |
20.5% |
21.5% |
Research & Development: |
|
|
|
|
|
Salaries |
NM |
3.2% |
3.4% |
3.2% |
2.8% |
Benefits |
NM |
0.9% |
0.9% |
0.8% |
0.7% |
Insurance |
NM |
0.0% |
0.0% |
0.0% |
0.0% |
Telephone |
NM |
0.1% |
0.1% |
0.1% |
0.0% |
Supplies |
NM |
0.1% |
0.1% |
0.1% |
0.1% |
Travel |
NM |
0.4% |
0.2% |
0.2% |
0.2% |
Professional services |
NM |
0.0% |
0.0% |
0.0% |
0.0% |
Miscellaneous expenses |
NM |
0.1% |
0.1% |
0.1% |
0.1% |
Total Research & Development |
NM |
4.8% |
4.9% |
4.6% |
3.9% |
General & Administrative: |
|
|
|
|
|
Salaries |
NM |
1.9% |
0.9% |
1.0% |
0.9% |
Benefits |
NM |
0.6% |
0.3% |
0.3% |
0.3% |
Rent |
NM |
1.0% |
0.6% |
0.5% |
0.4% |
Insurance |
NM |
0.4% |
0.3% |
0.2% |
0.2% |
Utilities |
NM |
0.2% |
0.1% |
0.1% |
0.1% |
Telephone |
NM |
0.3% |
0.1% |
0.1% |
0.1% |
Supplies |
NM |
0.1% |
0.1% |
0.1% |
0.0% |
Travel |
NM |
0.6% |
0.3% |
0.3% |
0.3% |
Professional services |
NM |
0.8% |
0.8% |
0.8% |
0.8% |
Depreciation |
NM |
1.2% |
0.8% |
1.3% |
1.4% |
Miscellaneous expenses |
NM |
0.3% |
0.3% |
0.3% |
0.3% |
Total General & Administrative |
NM |
7.3% |
4.4% |
4.9% |
4.6% |
Total Operating expenses |
NM |
31.9% |
28.7% |
30.0% |
30.0% |
| |
|
|
|
|
|
Total Taxes |
0.0% |
23.0% |
29.2% |
29.1% |
29.8% |
| |
|
|
|
|
|
Net income |
N/A |
40.8% |
41.9% |
41.9% |
42.9% |
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