Balance Sheet (Projected)
Enter your Company Name here
Beginning Projected
as of mm/dd/yyyy as of mm/dd/yyyy
Assets
Current Assets
Cash in bank $ - $ -
Accounts receivable - -
Inventory - -
Prepaid expenses - - Notes on Preparation
Other current assets - -
Total Current Assets $ - $ - You may want to print this information to use as reference later. To delete these
instructions, click the border of this text box and then press the DELETE key.
Fixed Assets
Machinery & equipment $ - $ - Projecting your balance sheet can be quite a complex accounting problem, but that does not
Furniture & fixtures - - mean you need to be a professional accountant to do it or to benefit from the exercise. The
desired result is not a perfect forecast, but rather a thoughtful plan detailing what additional
Leasehold improvements - - resources will be needed by the company, where they will be needed, and how they will be
Land & buildings - - financed. Using your last historical balance sheet as a starting point, project what your
Other
(LESSfixed assets depreciation
accumulated - - balance sheet will look like at the end of the 12 month period covered in your Profit & Loss
on all Fixed
Total fixed assets)
Assets (net of - - and Cash Flow forecasts. How will the year's operations affect assets, debts and owners’
depreciation) $ - $ - equity? For example, if you are planning significant sales growth in the coming year, go
through the balance sheet item by item and think about the probably effects of assets.
Other Assets Ex. ASSETS: Inventory and Accounts Receivable will have to grow. New equipment
may be needed for increased production. You may draw down on cash to finance
Intangibles $ - $ -
some of this.
Deposits - -
Goodwill - - Now, since a balance must balance, you need to consider the effects on the other half of the
Other - - statement, liabilities and equity.
Total Other Assets $ - $ - Ex. LIABILITIES & EQUITY: Some of the growth may be financed by profits retained in the
business as Retained Earnings. Your Profit & Loss Projection will tell you how much might be
TOTAL Assets $ - $ - available from that source. Funds may be contributed by the owners through contributions of
more Invested Capital or loans to the company (Notes Payable to Stockholders). Suppliers
may provide some of the financing via increased Accounts Payable. The rest will have to be
Liabilities and Equity financed by borrowing, which can be: Short term loans (due within 12 months) such as a line
of credit or by Long Term Debt (maturity greater than 12 months).
Current Liabilities
Accounts payable $ - $ - Technical Tips:
Interest payable - - 1. Your firm's balance sheet no doubt has more lines than this template. For clarity and ease
Taxes payable
Notes, short-term (due within 12 - - of analysis, we recommend you combine categories to fit into this compressed format.
months) - - 2. As always for projections, we recommend that you condense your numbers. Most people
find it useful to express the values in thousands, rounding to the nearest hundred dollars; for
Current part, long-term debt - - example, $11,459 would be entered as 11.5.
Other current liabilities - - 3. In the Fixed Assets section, the "LESS accumulated depreciation"
Total Current Liabilities $ - $ - figure is the total of all depreciation accrued over the years on all fixed assets still owned by
the company. Be sure to enter it as a negative number so the spreadsheet will subtract it from
Long-term Debt Total Fixed Assets.
Bank loans payable $ - $ - 4. In Owners' Equity, "Retained Earnings-Beginning" is retained earnings as of the last
Notes payable to stockholders - - historical balance sheet or the end of the last fiscal year. "Retained Earnings-Current" is net
profit for the period of the projections, less any owner's draw (for partnerships and
LESS: Short-term portion - -
proprietorships) or dividends paid (for corporations).
Other long term debt - -
Total Long-term Debt $ - $ -
Total Liabilities $ - $ -
Owners' Equity
Invested capital $ - $ -
Retained earnings - beginning - -
Retained earnings - current - -
Total Owners' Equity $ - $ -
Total Liabilities & Equity $ - $ -
