Among them, the cash budget reflects the cash income, cash expenditure, cash surplus and deficit generated by production, operation and investment activities during the budget period, and the income statement is expected to reflect the operating performance of enterprises during the budget period, that is, the composition of sales income, variable cost, fixed cost and after-tax net income; The expected fund balance sheet reflects the financial situation of the enterprise at the end of the budget period, that is, the source of funds and the occupation of funds, as well as their respective compositions. Data expansion:
Composition of financial budget:
projected profit-and-loss statement
1. Expected income statement is a financial budget that comprehensively reflects the results of business activities of an enterprise during the budget period.
2. It is based on budget information such as sales, product cost and expenses.
Estimated profit distribution statement
The profit distribution statement is an accounting statement that reflects the net profit distribution or loss compensation in a certain period, and it is a schedule of the income statement, indicating the distribution direction of net profit in the income statement. The profit distribution statement is included in the annual accounting statement and is the schedule of the income statement. Through the profit distribution table, we can know the distribution of net profit or the compensation of loss, the composition of profit distribution and the data of undistributed profit at the end of the year.
China profit distribution order:
The company shall distribute dividends to shareholders in a certain order. According to the relevant provisions of China's Company Law, profit distribution shall be conducted in the following order:
The first step is to calculate the profit available for distribution. Combine net profit (or loss) with undistributed profit (or loss) to calculate distributable profit. If the profit available for distribution is negative (that is, loss), subsequent distribution cannot be made; If the profit available for distribution is positive (that is, accumulated profit), subsequent distribution will be made.
The second step is to withdraw the statutory surplus reserve fund. The statutory surplus reserve fund is accrued according to the net profit after deducting accumulated losses at the beginning of the year. The base of drawing surplus reserve fund is not distributable profit, nor is it necessarily after-tax profit. Only when there is no accumulated loss at the beginning of the year can the withdrawal amount be calculated according to the after-tax profit. This "compensation for losses" is carried out according to the book figures, and has nothing to do with the loss transfer in the income tax law. The key is that you can't pay dividends by capital, and you can't withdraw surplus reserve fund without accumulated surplus.
The third step is to extract the public welfare fund. That is, according to the above steps, the public welfare fund is accrued according to the same base.
The fourth step is to withdraw any surplus reserve fund.
The fifth step is to pay dividends (distribute profits) to shareholders (investors).
If the shareholders' meeting or the board of directors of the company violates the above-mentioned profit distribution order and distributes profits to shareholders before making up losses and withdrawing statutory surplus reserve fund and public welfare fund, the illegally distributed profits must be returned to the company.
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