Appendix 1a

APPENDIX 1A: TEAKHAX SALES FORECAST 2015-16  June July August September October November December January February March April May Total  AED AED AED AED AED AED AED AED AED AED AED AED AED  Purchase 250000 300000 360000 432000 518400 622080 634522 647212 660156 673359 686827 700563 6485119  Freight 12500 15000 18000 21600 25920 31104 31726 32361 33008 33668 34341 35028 324256  Duties 37500 45000 54000 64800 77760 93312 95178 97082 99023 101004 103024 105084 972768  Overheads 173750 133750 133750 133750 133750 133750 133750 133750 133750 133750 133750 133750 1645000  Total Cost 473750 493750 565750 652150 755830 880246 895176 910404 925938 941781 957942 974426 9427143  Margin 20% 20% 25% 25% 30% 30% 35% 35% 40% 40% 45% 45%    Sales 568500 592500 707188 815188 982579 1144320 1208487 1229046 1296313 1318494 1389016 1412917 12664547  Store Sale % 90% 90% 85% 85% 80% 80% 75% 75% 70% 70% 65% 65%    Store Sales 511650 533250 601109 692909 786063 915456 906366 921784 907419 922946 902860 918396 9520209  Online Store % 10% 10% 15% 15% 20% 20% 25% 25% 30% 30% 35% 35%    Online Sales 56850 59250 106078 122278 196516 228864 302122 307261 388894 395548 486156 494521 3144338  Commission 35816 37328 42078 48504 55024 64082 63446 64525 63519 64606 63200 64288 666415  Payfort 1706 1778 3182 3668 5895 6866 9064 9218 11667 11866 14585 14836 94330  

APPENDIX 1B: TEAKHAX SALES FORECAST 2016-17

  June July August September October November December January February March April May Total    AED AED AED AED AED AED AED AED AED AED AED AED AED  Purchase 728586 757729 788038 819560 852342 886436 921893 958769 997120 1037005 1078485 1121624 10947586  Freight 36429 37886 39402 40978 42617 44322 46095 47938 49856 51850 53924 56081 547379  Duties 109288 113659 118206 122934 127851 132965 138284 143815 149568 155551 161773 168244 1642138  Overheads 173750 133750 133750 133750 133750 133750 133750 133750 133750 133750 133750 133750 1645000  Total Cost 1048053 1043025 1079396 1117222 1156561 1197473 1240022 1284273 1330294 1378155 1427932 1479699 14782103  Margin 45% 45% 45% 45% 45% 45% 50% 50% 50% 50% 50% 50%    Sales 1519677 1512386 1565124 1619971 1677013 1736336 1860033 1926409 1995441 2067233 2141898 2219548 21841069  Store Sale % 65% 65% 65% 65% 60% 60% 60% 60% 60% 60% 55% 55%    Store Sales 987790 983051 1017331 1052981 1006208 1041802 1116020 1155846 1197264 1240340 1178044 1220752 13197427  Online Store % 35% 35% 35% 35% 40% 40% 40% 40% 40% 40% 45% 45%    Online Sales 531887 529335 547793 566990 670805 694534 744013 770564 798176 826893 963854 998797 8643642  Commission 69145 68814 71213 73709 70435 72926 78121 80909 83809 86824 82463 85453 923820  Payfort 15957 15880 16434 17010 20124 20836 22320 23117 23945 24807 28916 29964 259309  

Appendix 1C: Teakhax Sales Forecast 2017-18  June July August Septembe October November December January February March April May Total

r  AED AED AED AED AED AED AED AED AED AED AED AED AEDPurchase 1,188,922 1,260,257 1,285,462 1,311,171 1,337,395 1,364,143 1,391,425 1,419,254 1,447,639 1,476,592 1,506,124 1,536,246 16,524,629Freight 59,446 63,013 64,273 65,559 66,870 68,207 69,571 70,963 72,382 73,830 75,306 76,812 826,231Duties 178,338 189,039 192,819 196,676 200,609 204,621 208,714 212,888 217,146 221,489 225,919 230,437 2,478,694Overheads 173,750 133,750 133,750 133,750 133,750 133,750 133,750 133,750 133,750 133,750 133,750 133,750 1,645,000Total Cost 1,600,456 1,646,058 1,676,304 1,707,155 1,738,624 1,770,721 1,803,460 1,836,855 1,870,917 1,905,660 1,941,098 1,977,245 21,474,554Margin 55% 55% 55% 55% 55% 55% 60% 60% 60% 60% 60% 60% Sales 2480707 2551390 2598272 2646091 2694867 2744618 2885537 2938968 2993467 3049056 3105757 3163592 33,852,321Store Sale % 55% 55% 55% 55% 55% 55% 50% 50% 50% 50% 50% 50% Store Sales 1364389 1403265 1429050 1455350 1482177 1509540 1442768 1469484 1496733 1524528 1552879 1581796 17,711,958Online Store % 45% 45% 45% 45% 45% 45% 50% 50% 50% 50% 50% 50% Online Sales 1116318 1148126 1169222 1190741 1212690 1235078 1442768 1469484 1496733 1524528 1552879 1581796 16,140,363Commission 95507 98229 100033 101875 103752 105668 100994 102864 104771 106717 108702 110726 1,239,837Payfort 33490 34444 35077 35722 36381 37052 43283 44085 44902 45736 46586 47454 484,211

APPENDIX 2A: TEAKHAX PROFIT AND LOSS FORECAST 2015-16  Jun-15 Jul-15 Aug-15 Sep-15 Oct-15 Nov-15 Dec-15 Jan-16 Feb-16 Mar-16 Apr-16 May-16 Total  

  AED AED AED AED AED AED AED AED AED AED AED AED AED %SALES                                  Store Sales 511,650 533,250 601,109 692,909 786,063 915,456 906,366 921,784 907,419 922,946 902,860 918,396 9,520,209 74.70%      Online Sales 56,850 59,250 106,078 122,278 196,516 228,864 302,122 307,261 388,894 395,548 486,156 494,521 3,144,338 25.30%       568,500 592,500 707,188 815,188 982,579 1,144,320 1,208,487 1,229,046 1,296,313 1,318,494 1,389,016 1,412,917 12,664,547 100.00%                             DIRECT COSTS                                  Purchase 250,000 300,000 360,000 432,000 518,400 622,080 634,522 647,212 660,156 673,359 686,827 700,563 6,485,119 52.80%      Freight 12,500 15,000 18,000 21,600 25,920 31,104 31,726 32,361 33,008 33,668 34,341 35,028 324,256 2.80%      Duties and Taxes 37,500 45,000 54,000 64,800 77,760 93,312 95,178 97,082 99,023 101,004 103,024 105,084 972,768 7.90%       300,000 360,000 432,000 518,400 622,080 746,496 761,426 776,654 792,188 808,031 824,192 840,676 7,782,143 63.50%                             

GROSS PROFIT 268,500232,50

0 275,188 296,788360,49

9 397,824 447,062 452,392 504,125 510,463 564,824 572,242 4,882,404 36.50%                             OVERHEADS                            Salaries 32,000 32,000 32,000 32,000 32,000 32,000 32,000 32,000 32,000 32,000 32,000 32,000 384,000 3.03%Remuneration 56850 59250 70719 81519 98258 114432 120849 122905 129631 131849 138902 141292 1,266,455 10.00%Commission 35,816 34,871 39,252 43,528 47,156 51,342 54,060 58,136 60,831 64,776 66,091 70,214 626,073 4.94%Payfort 8,206 1,661 2,969 3,292 5,052 5,501 7,723 8,305 11,173 11,898 15,252 16,203 97,235 0.77%Rent Store 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 300,000 2.37%Rent Warehouse 18,750 18,750 18,750 18,750 18,750 18,750 18,750 18,750 18,750 18,750 18,750 18,750 225,000 1.78%Advertising 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 240,000 1.90%Web Maintenance 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 18,000 0.14%License Fee 40,000 0 0 0 0 0 0 0 0 0 0 0 40,000 0.32%Telephone 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 24,000 0.19%Electricity 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 18,000 0.14%Postage 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 12,000 0.09%Depreciation 990 990 990 990 990 990 990 990 990 990 990 990 990 0.01%       243,611 198,522 215,680 231,079 253,206 274,015 285,372 292,086 304,375 311,263 322,985 330,449 3,262,642 25.68%                             OPERATING PROFIT 24,889 33,978 59,508 65,709 107,293 123,809 161,690 160,306 199,750 199,199 241,839 241,793 1,619,762 10.82%                             

NET PROFIT 24,889 33,978 59,508 65,709107,29

3 123,809 161,690 160,306 199,750 199,199 241,839 241,793 1,619,762 10.82%

APPENDIX 2B TEAKHAX PROFIT AND LOSS FORECAST 2016-17  Jun-15 Jul-15 Aug-15 Sep-15 Oct-15 Nov-15 Dec-15 Jan-16 Feb-16 Mar-16 Apr-16 May-16 Total   

  AED AED AED AED AED AED AED AED AED AED AED AED AED %SALES                                  Store Sales 987,790 983,051 1,017,331 1,052,981 1,006,208 1,041,802 1,116,020 1,155,846 1,197,264 1,240,340 1,178,044 1,220,752 13,197,427 74.70%      Online Sales 531,887 529,335 547,793 566,990 670,805 694,534 744,013 770,564 798,176 826,893 963,854 998,797 8,643,642 25.30%       1,519,677 1,512,386 1,565,124 1,619,971 1,677,013 1,736,336 1,860,033 1,926,409 1,995,441 2,067,233 2,141,898 2,219,548 21,841,069 100.00%                             DIRECT COSTS                            Purchase  728,586 778,586 828,586 878,586 928,586 978,586 1,028,586 1,078,586 1,128,586 1,178,586 1,228,586 1,278,586 10,947,586 52.80%Freight 36,429 38,929 41,429 43,929 46,429 48,929 51,429 53,929 56,429 58,929 61,429 63,929 547,379 2.80%Duties& Taxes 109,288 113,659 118,206 122,934 127,851 132,965 138,284 143,815 149,568 155,551 161,773 168,244 1,642,138 7.90%       874,303 931,174 988,221 1,045,449 1,102,866 1,160,480 1,218,299 1,276,330 1,334,583 1,393,066 1,451,788 1,510,759 13,137,103 63.50%                             GROSS PROFIT 645,374 581,212 576,903 574,523 574,147 575,856 641,734 650,079 660,858 674,168 690,110 708,790 8,703,965 36.50%                             OVERHEADS                            Salaries 32,000 32,000 32,000 32,000 32,000 32,000 32,000 32,000 32,000 32,000 32,000 32,000 384,000 1.76%Remuneration 151,968 151,239 156,512 161,997 167,701 173,634 186,003 192,641 199,544 206,723 214,190 221,955 2,184,107 10.00%Commission 69,145 34,871 39,252 43,528 47,156 51,342 54,060 58,136 60,831 64,776 66,091 70,214 659,402 3.02%Payfort 22,457 1,661 2,969 3,292 5,052 5,501 7,723 8,305 11,173 11,898 15,252 16,203 111,486 0.51%Rent Store 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 300,000 1.37%Rent Warehouse 18,750 18,750 18,750 18,750 18,750 18,750 18,750 18,750 18,750 18,750 18,750 18,750 225,000 1.03%Advertising 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 240,000 1.10%Web Maintenance 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 18,000 0.08%License Fee 40,000 0 0 0 0 0 0 0 0 0 0 0 40,000 0.18%Telephone 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 24,000 0.11%Electricity 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 18,000 0.08%Postage 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 12,000 0.05%Depreciation 990 990 990 990 990 990 990 990 990 990 990 990 11,880 0.05%       386,310 290,511 301,473 311,557 322,649 333,217 350,526 361,822 374,288 386,137 398,273 411,112 4,227,875 19.36%                             OP Profit 259,064 290,701 275,430 262,965 251,497 242,639 291,208 288,257 286,570 288,030 291,837 297,678 4,476,090 17.14%                             NET PROFIT 259,064 290,701 275,430 262,965 251,497 242,639 291,208 288,257 286,570 288,030 291,837 297,678 4,476,090 17.14%

Appendix 2c Teakhax Profit and Loss Forecast 2017-18  Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Total   AED AED AED AED AED AED AED AED AED AED AED AED AED %SALES                                  Store Sales 1,364,389 1,403,265 1,429,050 1,455,350 1,482,177 1,509,540 1,442,768 1,469,484 1,496,733 1,524,528 1,552,879 1,581,796 17,711,958 74.70%      Online Sales 1,116,318 1,148,126 1,169,222 1,190,741 1,212,690 1,235,078 1,442,768 1,469,484 1,496,733 1,524,528 1,552,879 1,581,796 16,140,363 25.30%       2,480,707 2,551,390 2,598,272 2,646,091 2,694,867 2,744,618 2,885,537 2,938,968 2,993,467 3,049,056 3,105,757 3,163,592 33,852,321 100.00%                             DIRECT COSTS                                  Purchase 1,188,922 1,260,257 1,285,462 1,311,171 1,337,395 1,364,143 1,391,425 1,419,254 1,447,639 1,476,592 1,506,124 1,536,246 16,524,629 52.80%      Freight 59,446 63,013 64,273 65,559 66,870 68,207 69,571 70,963 72,382 73,830 75,306 76,812 826,231 2.80%      Duties and Taxes 178,338 189,039 192,819 196,676 200,609 204,621 208,714 212,888 217,146 221,489 225,919 230,437 2,478,694 7.90%       1,426,706 1,512,308 1,542,554 1,573,405 1,604,874 1,636,971 1,669,710 1,703,105 1,737,167 1,771,910 1,807,348 1,843,495 19,829,554 63.50%                             GROSS PROFIT 1,054,001 1,039,082 1,055,717 1,072,686 1,089,993 1,107,647 1,215,826 1,235,863 1,256,300 1,277,146 1,298,409 1,320,097 14,022,767 36.50%                             OVERHEADS                            Salaries 32,000 32,000 32,000 32,000 32,000 32,000 32,000 32,000 32,000 32,000 32,000 32,000 384,000 1.13%Remuneration 248070.66 255139.03 259827.182 264609.1 269486.66 274461.766 288553.68 293896.75 299346.69 304905.62 310575.73 316359.25 3,385,232 10.00%Commission 95,507 34,871 39,252 43,528 47,156 51,342 54,060 58,136 60,831 64,776 66,091 70,214 685,764 2.03%Payfort 39,990 1,661 2,969 3,292 5,052 5,501 7,723 8,305 11,173 11,898 15,252 16,203 129,019 0.38%Rent Store 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 300,000 0.89%Rent Warehouse 18,750 18,750 18,750 18,750 18,750 18,750 18,750 18,750 18,750 18,750 18,750 18,750 225,000 0.66%Advertising 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 240,000 0.71%Web Maintenance 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 18,000 0.05%License Fee 40,000 0 0 0 0 0 0 0 0 0 0 0 40,000 0.12%Telephone 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 24,000 0.07%Electricity 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 18,000 0.05%Postage 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 12,000 0.04%Depreciation 990 990 990 990 990 990 990 990 990 990 990 990 11,880 0.04%       526,307 394,411 404,788 414,169 424,435 434,045 453,077 463,078 474,091 484,320 494,659 505,516 5,472,895 16.17%                             OP PROFIT 527,693 644,671 650,929 658,516 665,558 673,602 762,750 772,785 782,209 792,826 803,750 814,581 8,549,872 20.33%                             NET PROFIT 527,693 644,671 650,929 658,516 665,558 673,602 762,750 772,785 782,209 792,826 803,750 814,581 8,549,872 20.33%

Jun-15 Jul-15 Aug-15 Sep-15 Oct-15 Nov-15 Dec-15 Jan-16 Feb-16 Mar-16 Apr-16 May-16 Total AED AED AED AED AED AED AED AED AED AED AED AED AED

RECEIPTS      Store Sales 511,650 533,250 601,109 692,909 786,063 915,456 906,366 921,784 907,419 922,946 902,860 918,396 9,520,209      Online Sales 56,850 59,250 106,078 122,278 196,516 228,864 302,122 307,261 388,894 395,548 486,156 494,521 3,144,338      Ms Fairoose A Gafur 500,000 0 0 0 0 0 0 0 0 0 0 0 500,000      Mr. Parvees A Gafur 500,000 0 0 0 0 0 0 0 0 0 0 0 500,000      Mr Karthik R K 500,000 0 0 0 0 0 0 0 0 0 0 0 500,000       2,068,500 592,500 707,188 815,188 982,579 1,144,320 1,208,487 1,229,046 1,296,313 1,318,494 1,389,016 1,412,917 14,164,547 PAYMENTSPurchase 250,000 300,000 360,000 432,000 518,400 622,080 634,522 647,212 660,156 673,359 686,827 700,563 6,485,119Freight 12,500 15,000 18,000 21,600 25,920 31,104 31,726 32,361 33,008 33,668 34,341 35,028 324,256Duties & Taxes 37,500 45,000 54,000 64,800 77,760 93,312 95,178 97,082 99,023 101,004 103,024 105,084 972,768Salaries 32,000 32,000 32,000 32,000 32,000 32,000 32,000 32,000 32,000 32,000 32,000 32,000 384,000Dir Remuneration 56,850 59,250 70,719 81,519 98,258 114,432 120,849 122,905 129,631 131,849 138,902 141,292 1,266,455Commission 35,816 34,871 39,252 43,528 47,156 51,342 54,060 58,136 60,831 64,776 66,091 70,214 626,073Payfort 8,206 1,661 2,969 3,292 5,052 5,501 7,723 8,305 11,173 11,898 15,252 16,203 97,235Rent Store 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 300,000Rent Warehouse 18,750 18,750 18,750 18,750 18,750 18,750 18,750 18,750 18,750 18,750 18,750 18,750 225,000Advertising 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 240,000Web Maintenance 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 18,000License Fee 40,000 0 0 0 0 0 0 0 0 0 0 0 40,000Telephone 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 24,000Electricity 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 18,000Fuel 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 12,000Ofiice Furniture 15,000 0 0 0 0 0 0 0 0 0 0 0 15,000Tools 25,000 0 0 0 0 0 0 0 0 0 0 0 25,000Computers 9,000 0 0 0 0 0 0 0 0 0 0 0 9,000Delivery Van 50,000Website 10,000       651,621 557,532 646,690 748,489 874,296 1,019,521 1,045,808 1,067,750 1,095,573 1,118,305 1,146,186 1,170,134 11,081,904 NET CASH FLOW 1,416,879 34,968 60,498 66,699 108,283 124,799 162,680 161,296 200,740 200,189 242,829 242,783 3,082,642 OPENING BANK 0 1,416,879 1,451,847 1,512,345 1,579,044 1,687,327 1,812,125 1,974,805 2,136,101 2,336,841 2,537,030 2,779,859 3,022,642 CLOSING BANK 1,416,879 1,451,847 1,512,345 1,579,044 1,687,327 1,812,125 1,974,805 2,136,101 2,336,841 2,537,030 2,779,859 3,022,642 6,105,284

Appendix 3A: Teakhax Cashflow Forecast 2015-16

Jun-15 Jul-15 Aug-15 Sep-15 Oct-15 Nov-15 Dec-15 Jan-16 Feb-16 Mar-16 Apr-16 May-16 Total AED AED AED AED AED AED AED AED AED AED AED AED AED

RECEIPTS      Store Sales 987,790 983,051 1,017,331 1,052,981 1,006,208 1,041,802 1,116,020 1,155,846 1,197,264 1,240,340 1,178,044 1,220,752 13,197,427      Online Sales 531,887 529,335 547,793 566,990 670,805 694,534 744,013 770,564 798,176 826,893 963,854 998,797 8,643,642

       1,519,677 1,512,386 1,565,124 1,619,971 1,677,013 1,736,336 1,860,033 1,926,409 1,995,441 2,067,233 2,141,898 2,219,548 21,841,069 PAYMENTS      Purchase 728,586 778,586 828,586 878,586 928,586 978,586 1,028,586 1,078,586 1,128,586 1,178,586 1,228,586 1,278,586 12,043,028      Freight 36,429 38,929 41,429 43,929 46,429 48,929 51,429 53,929 56,429 58,929 61,429 63,929 602,151      Duties and Taxes 109,288 113,659 118,206 122,934 127,851 132,965 138,284 143,815 149,568 155,551 161,773 168,244 1,642,138      Salaries 32,000 32,000 32,000 32,000 32,000 32,000 32,000 32,000 32,000 32,000 32,000 32,000 384,000      Director's Remuneration 151,968 151,239 156,512 161,997 167,701 173,634 186,003 192,641 199,544 206,723 214,190 221,955 2,184,107      Commission 69,145 34,871 39,252 43,528 47,156 51,342 54,060 58,136 60,831 64,776 66,091 70,214 659,402      Payfort 22,457 1,661 2,969 3,292 5,052 5,501 7,723 8,305 11,173 11,898 15,252 16,203 111,486      Rent Store 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 300,000      Rent Warehouse 18,750 18,750 18,750 18,750 18,750 18,750 18,750 18,750 18,750 18,750 18,750 18,750 225,000      Advertising 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 240,000      Website Maintenance 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 18,000      License Fee 40,000 0 0 0 0 0 0 0 0 0 0 0 40,000      Telephone 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 24,000      Electricity 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 18,000      Postage & Courier 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 12,000

       1,259,622 1,220,695 1,288,704 1,356,016 1,424,526 1,492,707 1,567,835 1,637,162 1,707,881 1,778,213 1,849,070 1,920,880 18,503,312 NET CASH FLOW 260,054 291,691 276,420 263,955 252,487 243,629 292,198 289,247 287,560 289,020 292,827 298,668 3,337,757 OPENING BANK 3,022,642 3,282,696 3,574,388 3,850,808 4,114,763 4,367,250 4,610,879 4,903,077 5,192,324 5,479,884 5,768,904 6,061,731 6,360,399 CLOSING BANK 3,282,696 3,574,388 3,850,808 4,114,763 4,367,250 4,610,879 4,903,077 5,192,324 5,479,884 5,768,904 6,061,731 6,360,399 9,698,156

Appendix 3b Teakhax Cashflow Forecast 2016-17

Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Total AED AED AED AED AED AED AED AED AED AED AED AED AED

RECEIPTS      Store Sales 1,364,389 1,403,265 1,429,050 1,455,350 1,482,177 1,509,540 1,442,768 1,469,484 1,496,733 1,524,528 1,552,879 1,581,796 17,711,958      Online Sales 1,116,318 1,148,126 1,169,222 1,190,741 1,212,690 1,235,078 1,442,768 1,469,484 1,496,733 1,524,528 1,552,879 1,581,796 16,140,363

       2,480,707 2,551,390 2,598,272 2,646,091 2,694,867 2,744,618 2,885,537 2,938,968 2,993,467 3,049,056 3,105,757 3,163,592 33,852,321

PAYMENTS

      Purchase 1,188,922 1,260,257 1,285,462 1,311,171 1,337,395 1,364,143 1,391,425 1,419,254 1,447,639 1,476,592 1,506,124 1,536,246 16,524,629

      Freight 59,446 63,013 64,273 65,559 66,870 68,207 69,571 70,963 72,382 73,830 75,306 76,812 826,231

      Duties and Taxes 178,338 189,039 192,819 196,676 200,609 204,621 208,714 212,888 217,146 221,489 225,919 230,437 2,478,694

      Salaries 32,000 32,000 32,000 32,000 32,000 32,000 32,000 32,000 32,000 32,000 32,000 32,000 384,000

      Director's Remuneration 248,071 255,139 259,827 264,609 269,487 274,462 288,554 293,897 299,347 304,906 310,576 316,359 3,385,232

      Commission 95,507 34,871 39,252 43,528 47,156 51,342 54,060 58,136 60,831 64,776 66,091 70,214 685,764

      Payfort 39,990 1,661 2,969 3,292 5,052 5,501 7,723 8,305 11,173 11,898 15,252 16,203 129,019

      Rent Store 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 300,000

      Rent Warehouse 18,750 18,750 18,750 18,750 18,750 18,750 18,750 18,750 18,750 18,750 18,750 18,750 225,000

      Advertising 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 240,000

      Website Maintenance 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 18,000

      License Fee 40,000 0 0 0 0 0 0 0 0 0 0 0 40,000

      Telephone 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 24,000

      Electricity 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 18,000

      Postage & Courier 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 12,000

       1,952,023 1,905,729 1,946,353 1,986,585 2,028,318 2,070,026 2,121,797 2,165,192 2,210,267 2,255,240 2,301,017 2,348,022 25,290,569

NET CASH FLOW 528,683 645,661 651,919 659,506 666,548 674,592 763,740 773,775 783,199 793,816 804,740 815,571 8,561,752

OPENING BANK 6,360,399 6,889,082 7,534,743 8,186,663 8,846,169 9,512,717 10,187,309 10,951,049 11,724,824 12,508,023 13,301,840 14,106,580 14,922,151

CLOSING BANK 6,889,082 7,534,743 8,186,663 8,846,169 9,512,717 10,187,309 10,951,049 11,724,824 12,508,023 13,301,840 14,106,580 14,922,151 23,483,903

Appendix 3c Teakhax Cash Flow Forecast

Opening Jun-15 Jul-15 Aug-15 Sep-15 Oct-15 Nov-15 Dec-15 Jan-16 Feb-16 Mar-16 Apr-16 May-16

AED AED AED AED AED AED AED AED AED AED AED AED AED

FIXED ASSETS

Website 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000

Office Furniture 0 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000

Tools 0 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000

Computer 0 9,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000

Delivery Van 0 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000

Acc Depreciation 0 -990 -1980 -5940 -23760 -4950 -5940 -6930 -7920 -8910 -9900 -10890 -11880

       0 108,010 107,020 103,060 85,240 104,050 103,060 102,070 101,080 100,090 99,100 98,110 97,120

CURRENT ASSETS

      Bank 0 1,416,879 1,451,847 1,512,345 1,579,044 1,687,327 1,812,125 1,974,805 2,136,101 2,336,841 2,537,030 2,779,859 3,022,642

NET CURRENT ASSETS 0 1,416,879 1,451,847 1,512,345 1,579,044 1,687,327 1,812,125 1,974,805 2,136,101 2,336,841 2,537,030 2,779,859 3,022,642

TOTAL NET ASSETS 0 1,524,889 1,558,867 1,615,405 1,664,284 1,791,377 1,915,185 2,076,875 2,237,181 2,436,931 2,636,130 2,877,969 3,119,762

CAPITAL & RESERVES

      Capital 0 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000

      Retained Earnings 0 24,889 58,867 118,375 184,084 291,377 415,185 576,875 737,181 936,931 1,136,130 1,377,969 1,619,762

0 1,524,889 1,558,867 1,618,375 1,684,084 1,791,377 1,915,185 2,076,875 2,237,181 2,436,931 2,636,130 2,877,969 3,119,762

Appendix 4A Teakhax Balance Sheet 2015-16

Opening Jun-15 Jul-15 Aug-15 Sep-15 Oct-15 Nov-15 Dec-15 Jan-16 Feb-16 Mar-16 Apr-16 May-16AED AED AED AED AED AED AED AED AED AED AED AED AED

FIXED ASSETSWebsite 10000 10000 10000 10000 10000 10000 10000 10000 10000 10000 10000 10000 10000Office Furniture 15000 15000 15000 15000 15000 15000 15000 15000 15000 15000 15000 15000 15000Tools 25000 25000 25000 25000 25000 25000 25000 25000 25000 25000 25000 25000 25000Computer 9000 9000 9000 9000 9000 9000 9000 9000 9000 9000 9000 9000 9000Delivery Van 50000 50000 50000 50000 50000 50000 50000 50000 50000 50000 50000 50000 50000Acc Depreciation -11880 -12870 -13860 -14850 -15840 -16830 -17820 -18810 -19800 -20790 -21780 -22770 -23760       97120 96130 95140 94150 93160 92170 91180 90190 89200 88210 87220 86230 85240 CURRENT ASSETS      Bank 3022642 3282696 3574388 3850808 4114763 4367250 4610879 4903077 5192324 5479884 5768904 6061731 6360399 NET CURRENT ASSETS 3022642 3282696 3574388 3850808 4114763 4367250 4610879 4903077 5192324 5479884 5768904 6061731 6360399  TOTAL NET ASSETS 3119762 3378826 3669528 3944958 4207923 4459420 4702059 4993267 5281524 5568094 5856124 6147961 6445639 CAPITAL & RESERVES      Capital 1500000 1500000 1500000 1500000 1500000 1500000 1500000 1500000 1500000 1500000 1500000 1500000 1500000      Retained Earnings 1619762 1878826 2169528 2444958 2707923 2959420 3202059 3493267 3781524 4068094 4356124 4647961 4945639

       3119762 3378826 3669528 3944958 4207923 4459420 4702059 4993267 5281524 5568094 5856124 6147961 6445639

Appendix 4b Teakhax Balance Sheet Forecast

Opening June July  August September October November December January February March April May

AED AED AED AED AED AED AED AED AED AED AED AED AED

FIXED ASSETS

Website 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000

Office Furniture 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000

Tools 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000

Computer 9,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000

Delivery Van 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000

Acc Depreciation -23,760 -24,750 -25,740 -26,730 -27,720 -28,710 -29,700 -30,690 -31,680 -32,670 -33,660 -34,650 -35,640

       85,240 84,250 83,260 82,270 81,280 80,290 79,300 78,310 77,320 76,330 75,340 74,350 73,360

CURRENT ASSETS

      Bank 6,360,399 6,889,082 7,534,743 8,186,663 8,846,169 9,512,717 10,187,309 10,951,049 11,724,824 12,508,023 13,301,840 14,106,580 14,922,151

NET CURRENT ASSETS 6360399.049 6,973,332 7,534,743 8,186,663 8,846,169 9,512,717 10,187,309 10,951,049 11,724,824 12,508,023 13,301,840 14,106,580 14,922,151

TOTAL NET ASSETS 6445639.049 6,973,332 7,618,003 8,268,933 8,927,449 9,593,007 10,266,609 11,029,359 11,802,144 12,584,353 13,377,180 14,180,930 14,995,511

CAPITAL & RESERVES

      Capital 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000

      Retained Earnings 4,945,639 5,473,332 6,118,003 6,768,933 7,427,449 8,093,007 8,766,609 9,529,359 10,302,144 11,084,353 11,877,180 12,680,930 13,495,511

       6445639.049 6,973,332 7,618,003 8,268,933 8,927,449 9,593,007 10,266,609 11,029,359 11,802,144 12,584,353 13,377,180 14,180,930 14,995,511

APPENDIX 4C TEAKHAX BALANCE SHEET FORECAST 2018-19