Great Lakes Dairy Sheep Symposium - the Department of Animal ...
Great Lakes Dairy Sheep Symposium - the Department of Animal ...
Great Lakes Dairy Sheep Symposium - the Department of Animal ...
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SAMPLE OPERATING CASH FLOW ANALYSIS<br />
Year one Year two Year three Year four Year five<br />
Lb. Milk used 61,600 100,000 180,600 240,800 301,000<br />
Lb. Cheese made 12,320 20,000 36,120 48,160 60,200<br />
Yield (Lb. milk/lb.<br />
cheese)<br />
SALES:<br />
5 5 5 5 5<br />
Cheese: (20% retail<br />
@ $20/lb. + 80%<br />
wholesale @ $12/lb.)<br />
167,552 272,000 491,232 654,976 818,720<br />
EXPENSES:<br />
Licenses, Permits and<br />
Fees<br />
1,200 1200 1,200 1,200 1,200<br />
Cheese Ingredients:<br />
($2.50/cwt for rennet<br />
, salt & cultures)<br />
1,540 2,500 4,515 6,020 7,525<br />
Milk ($100/cwt) 61,600 100,000 180,600 240,800 301,000<br />
Energy: (oil, electric,<br />
& wood)<br />
2,500 4,000 6,000 7,980 10,613<br />
Insurance (liability) 2,500 2500 2,500 2,500 2,500<br />
Loan ($60,000@5%x7<br />
years)<br />
5,300 10600 10,600 10,600 10,600<br />
Outside Labor<br />
($12/hr.)<br />
12,480 16,598 22,076 29,361 40,000<br />
Marketing (20% 0f<br />
Sales): (sales,<br />
packaging, shipping<br />
distribution, &<br />
service)<br />
33,510 54,400 98,246 130,995 163,744<br />
Cheese Room<br />
Supplies: (incl.<br />
cleaning supplies)<br />
500 600 800 1,000 1,200<br />
Office Supplies 300 400 600 900 1,200<br />
TOTAL EXPENSES $121,430 $192,798 $327,137 $431,356 $539,582<br />
Total Cost/lb. $9.86 $9.64 $9.06 $8.96 $8.96<br />
RETURN TO Owner's<br />
Labor<br />
$46,122 $79,202 $164,095 $223,620 $279,138<br />
PROFIT MARGIN<br />
before distribution<br />
38% 39% 43% 44% 44%<br />
Cheese Production<br />
Cost/lb. before<br />
distribution<br />
7.14 6.92 6.34 6.24 6.24<br />
22