1. Fun Park Surea
It’s not going very well, too little 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. You are the manager of Fun Park Surae.
The Balance sheet and Profit & Loss Account at the start are given.
What happened:
You lend 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)

4. Round 1 Balance Sheet (150 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

5. Long-term liabilities
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
+200,000
+200,000
+200,000

6. Round 2 Balance Sheet (150 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

7. Long-term liabilities
Balance Sheet
1/1/2016
Fixed assets
Current assets
Cash
900,000
300,000
Equity
Long-term liabilities
Short-term liabilities
500,000
600,000
100,000
Total
1,200,000
+200,000
-200,000

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

9. Look at the slides on paper!
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
Investment round 2:
Revenue ticket: +10% = €90,000
€900,000 +€90,000 = €990,000

10. 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

11. Look at the slides on paper!
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
Revenue: + €
€ € = €

12. Look at the slides on paper!
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
10% of fixed assets =
0,1 * (€ € ) = €

13. Look at the slides on paper!
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
5% of long-term loan
10% of short-term loan
€ € = €40.000

14. Look at the slides on paper!
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
€1,090,000
€200,000
€1,290,000
€100,000
€625,000
€425,000
€110,000
€40,000
€1,150,000
€10,000
Fixed costs:
€575,000 + €50,000 = €625,000

15. Round 4 Profit and Loss Account
(250 points)
Decision: Investment in staff?
+ € of + € 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%

16. Look at the slides on paper!
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
Revenue F & B: + €40,000
Costs F & B: + €5,000
Costs staff: + €20,000
€1,090,000
€200,000
€1,290,000
€100,000
€625,000
€425,000
€110,000
€40,000
€1,150,000
- €10,000

17. Look at the slides on paper!
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
€1,090,000
€200,000
€1,290,000
€100,000
€625,000
€425,000
€110,000
€40,000
€1,150,000
- €10,000
€1,090,000
€240,000
€1,330,000
€105,000
€625,000
€445,000
€110,000
€40,000
€1,170,000
+ €5,000
New Equity: Old Equity + profit
€500,000 + €5,000 = €505,000

18. Round 5 The Cash Budget (250 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 expenses.
But what about the depreciation and repayments of the loan?
50% of the trade payables must be paid in this period.
Attention for the ticket receipts!

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

20. Repayments: 20% of long-term liabilities: 20% of €600,000 = €120,000
Round 5 The Cash Budget
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
€1,090,000
€240,000
€1,330,000
€105,000
€625,000
€445,000
€110,000
€40,000
€1,170,000
+ €5,000
€100,000
€105,000€625,000
€445,000
€40, ,000
€66,000
Receipts tickets:
€1,090,000 - €100,000 = €990,000
Receipts F & B: €240,000
Total: €1,230,000
€1,000
Repayments: 20% of long-term liabilities: 20% of €600,000 = €120,000
Trade payables: 50% of €100,000 = €50,000