1. Fun Park Surae
It’s not going very well, not enough quests!

2. It’s not going very well, do something!
Next period Profit and enough cash!
Profit & Loss Account
Look at the slides on paper!
Revenue
Revenues tickets
Revenues Food & Beverage
Total
€900,000
€200,000
€1,100,000
Costs:
Cost of sales
Operational costs
Staff
Depreciation
Interest
Total costs
€100,000
€575,000
€425,000
€90,000
€30,000
€1,220,000
Loss
-€120,000

3. We start with a quiz
5 questions about the Balance Sheet
5 questions about the Profit & Loss Account
5 questions about the Cash Budget
You only get points with a good answer,
but more points with a quick answer.

4. Play the quiz on your cellphone Go to: www.Kahoot.it
Students in class
Play the quiz on your cellphone
Go to:
Fill in the pincode and a nickname
And wait for the questions
Voor docent
Ga naar create.kahoot.it
click in het menu op public kahoots
zoek: game Surae
Dan: Play - Launch - Start
en speel op de telefoon

5. You are the manager of Fun Park Surae.
The Balance sheet and Profit & Loss Account at the start are given.
What happened:
You borrow money (round 1)
You invest (round 2)
Extra costs (and revenue) for a promotions (round 3)
Extra or less staff (round 4)
Beware of enough cash (round 5)
Who’s the best?

6. Game Goal: Calculate the changes in the Financial Statements
Second goal:
Profit and enough cash for Fun park Surae
Your decisions don’t effect other teams.
As a consequence of the decicions for each team the reality is different.
Communicate with teammembers about your decisions!.

7. Balance Sheet
1/1/2016
Fixed assets
Current assets
Cash
900,000
100,000
Equity
Long-term liabilities
Short-term liabilities
500,000
400,000
Total
1,000,000

8. The decisions wil be processed in a google docs spreadsheet.
You get points for a good answer (green)

9. Forms and results on website:

10. Round 1 Balance Sheet (200 points)
Decision:
Loan €100,000 / €200,000 / €300,000 / €400,000
Decision: long-term loan or short-term loan
Calculate: the new Balance Sheet
Balance Sheet
2/1/2016
Fixed assets
Cash ?
Equity
Long-term liabilities
Short-term liabilities
Total

11. Round 2 Balance Sheet (200 points)
Decision:
Investment: €100,000/€200,000/€300,000/€400,000
Investment in:
Indoor playground or outdoor playground
Cash minimal €100,000
Cash minus the short-term loan must be positive
Calculate: the new Balance Sheet
Balance Sheet
2/1/2016
Fixed assets
Cash ?
Equity
Long-term liabilities
Short-term liabilities
Total

12. Round 3 Profit and Loss Account
(200 points)
Depending on your decision in round 2
Is it good or bad weather?
Investment
€100,000
€200,000
€300,000
€400,000
Revenue tickets
Indoor playground
Good weather
Bad weather
Outdoor playground
+5%
+10%
+20%
+15%
+30%
+40%

13. Round 3 Profit and Loss Account
Depreciation 10% of fixed assets
Interest 5% of long-term loan
Interest 10% of short-term loan
Repayments of loan: 20% of long-term loan
Decision: yes or no promotion:
Costs: €50,000 of €0 ;
Revenue tickets increase: + €100,000 of €0
but attention:
Costs this period and the receipts period after the game!
Calculate:
Revenue tickets, depreciation, interest, profit

14. Round 4 Profit and Loss Account
(200 points)
Decision: Investment in staff?
+ €20,000 of + €40,000 of - €10,000
Calculate:
Revenue Food & Beverage, Costs of sales Food & Beverage, Profit, Equity
Staff costs
Revenue
Food & Beverage
Costs of sales
+ €20,000
+20%
+5%
+ €40,000
+40%
+10%
- €10,000 0%

15. Round 5 The Cash Budget (200 points)
Review the Profit & Loss Account
Cost of sales F&B, fixed costs, staff costs, interest must be paid in the same period and are also expenditure.
But what about the depreciation and repayments of the loan?
50% of the short-term liabilities must be paid in this period.
Attention for the ticket receipts!

16. Round 5 The Cash Budget
The cash balance at the end of the period must be positive
Decision: Additional loan of the bank?
Commission €10,000 ; interest costs next period
Penalty points if profit or cash are negative
Calculate:
Receipts of revenue, depreciation in cash budget, repayments of the loan, cash balance at the end of the period