TECHNOLOGY BLUEPRINT

Smart Walking Stick

Faculty : ELECTRICAL ENGINEERING

Programme / Code : EE200

Course / Course Code : ENT 600

Group Class : PEE2008A2

Group Name : KamiCare Enterprise

Group Members : RAIMI IZ’AAN BIN ROSLI

(2017668596)

Submitted to:

PROF MADYA DR. SONG SAW IMM

Submission Date:

26 JUN 2020
 EXECUTIVE SUMMARY

KamiCare Enterprise has a new product that is called Smart Walking Stick to introduce
consumers. Since there is a lots of people who is elderly and visually impaired people,
KamiCare is targeting the supply of walking stick. Smart Walking Stick is a high end product
that helps people in need to assist their daily life style. The cost of living accommodation is
always increasing, and people preferred product that can assist their daily life and save money.
People love buying product nowadays, which can be affordable and easy to use or install. The
overall marketing strategy will include the company's specific marketing approach and
strategy, the value chain and the distribution channel on the target market.

The target market will be focused in the northwest coast of Peninsular Malaysia as the business
is located near Penang. KamiCare Enterprise has set target consumers for small or large
companies of orthotic business and medical centre that design and supply medical artificial
device. The product has been developed to help needed people and save money. The company
would aim to increase the demand by RM 200,000 for production in the 2nd to 3rd years. Our
company's management team consists of several divisions and is managed effectively by a
qualified worker.

KamiCare Enterprise have 5 members in association. The General Manager of the company is
Raimi Iz’aan Bin Rosli, Next, the Administration Manager of the company is Mohammad Afiq
Bin Kamal. Besides that, the Marketing Manager of the company is Nadia Binti Mohamad
Nasir while the Operation Manager of the company is Mutmainnah Radhiah Binti Mohamad
Jeffery. Lastly, the Financial Manager of the company is Fatin Antasha Binti Anizam.

i
 TABLE OF CONTENTS

PAGE

EXECUTIVE SUMMARY i
TABLE OF CONTENTS ii
LIST OF TABLES iv
LIST OF FIGURES v
INTRODUCTION 1

PRODUCT DESCRIPTION 2

TECHNOLOGY DESCRIPTION 3
2.1 BLOCK DIAGRAM OF SMART WALKING STICK 3
2.2 PROTOTYPE DESCRIPTION 5
2.3 COMPONENT DESCRIPTION 7
2.4 SOFTWARE DESCRIPTION 10
2.4.1 ARDUINO 10

MARKET RESEARCH AND ANALYSIS 11

3.1 CUSTOMER 11
3.2 MARKET SIZE AND TREND 12
3.2.1 COST PER PROTOTYPE CALCULATION 12

MANAGEMENT TEAM 15
4.1 ORGANIZATION TEAM 15
4.1.1 KEY MANAGEMENT ROLE 15
4.1.2 PERSONELL CAREER HIGHLIGHT 16
4.2 MANAGEMENT COMPENSATION AND OWNERSHIP 17

ii
 FINANCIAL PLAN 19
5.1 PROJECT IMPLEMENTATION COST & SOURCES OF FINANCE 19
5.2 BUDGET 20
5.3 DEPRECIATION SCHEDULES 23
5.4 LOAN AND HIRE PURCHASE AMMORTISATION SCHEDULE 26

PROJECT MILESTONE 32

CONCLUSION 33
REFERENCE 34

iii
 LIST OF TABLES

TABLES TITLE PAGE

Table 2.1 Component Description 7

Table 3.1 Calculation for cost per prototype 12
Table 3.2 Estimation for 3 year 13
Table 5.1 Project Implememtation Cost and Source of Finance 19
Table 5.2 Administrative Budget Table 20
Table 5.3 Marketing Budget Table 21
Table 5.4 Operation Budget Table 22
Table 5.5 Depreciation Schedule 23
Table 5.6 Loan and hire purchase ammortisation schedule 26
Table 5.7 Income Statement table 27
Table 5.8 Balance Sheet table 28
Table 5.9 Financial Performance table 30

iv
 LIST OF FIGURES

FIGURES TITLE PAGE

Figure 2.1 Block Diagram of Smart Walking Stick 4

Figure 2.2 Design of the Smart Walking Stick by KamiCare Enterprise 6

v
 INTRODUCTION

Living in this world where there are many situation where human who lost abilities of their
body whether from accident, old age or naturally after birth, some of the common defect of
human body is blind and visually impaired. Human with this defect will hope to gain any help
to cope with their disability, with the help they can start living almost normally as the normal
human. The abilities to walk without worrying the obstacles, to safely walking without being
collide with other people when dark and to call for help easily when there is some accident.
However this kind of help couldn’t be achieve by relying on normal tools such as blind stick
and walking cane, the limitation on normal tools cut out the chance for needed people to obtain
the normal lifestyle. The normal tools can only be use manually by the user, when the visually
impaired user want avoid or indicate the obstacle the stick is swing manually until it hit the
obstacle and the user feel it. There are an easy way for the user to detect and avoid the obstacle.
The other issues is because of the current product of smart stick, the price of the smart stick is
overkill to people who can’t purchase expensive stuff. This problem could be solve by creating
a new product of walking cane and blind stick combing together, the product will able to help
the elderly support their body when walking and also can help the visually impaired person to
overcome their disability from the help of smart component implement on the smart walking
stick. This new product will be build using basic electronic component and sensor which is
cheaper compare to high end build from others

1
 PRODUCT DESCRIPTION

Smart Walking Stick is a product developed to become a tool that can help any people
that need it. The aim for this product is to help any people with eye problem including elderly
to start walking again using latest technology on sensor and micro controller. The main goal of
this helping tool is to support needed people without any complexity on using the product and
feel natural when using it. In addition, this tool also can notify other people or any medical
assistance when the user use the emergency button. The notification send from this product to
the responsible party can immediately respond and act according to the suitable action.
This product feature in term of performance is it can detect and alert the user when there is
any obstacle appear in front of the user and the user can avoid the obstacle. This system also
used latest technology, which is micro controller an Arduino Uno. This smart controller is the
main brain for the product technology where it control all the system from the sensor to
receiver and transmitter, this kind of technology is Important to make sure there is no
complication on the system as the system can be alter and fix using the micro controller thus
making it more systematic and clean. To summarise the system use in this product is easy to
understand without any complication as the function already set to its own output. Finally, the
other function of this tool is it can detect and alert when the smart stick is away from the user,
so the user can easily locate the smart stick and acquire it.
The design and safety for this tool is also considered during the development of this
product. The sensor and wires will be covered properly in other to avoid any short circuit thus
damaging the system. The smart walking stick also install with emergency light where it
respond to the surrounding, for example when the outside is dark or room is dark the embedded
LDR light will respond and turn on to alert other about the user for safety reason. In term of
durability and costing this product are using high quality product with fair price. For example
the ultrasonic sensor HC-SR04 which is using the latest technology with a reasonable price and
durable. The software used for the project is Arduino where the software itself is free to use.

2
 TECHNOLOGY DESCRIPTION

2.1 BLOCK DIAGRAM OF SMART WALKING STICK

Figure 2.1 shown the flow for this project the start to end. The system start when the
user use and turn on the smart walking stick, from here there is two possible output. The first
output is when the user lost the smart walking stick; the user can use the remote to indicate the
location for the stick by using sound. When the user push the button the transmitter inside the
remote will send signal to receiver inside the smart walking stick an thus trigger the buzzer in
the stick, the buzzer then will produce beeping sound and the sound can be hear by the user.
For this function, the user should hold the remote every time so it can serve it purposes. The
other output is when user run across any obstacle, the ultrasonic inside the walking stick will
detect the obstacle and signal the data to micro controller Arduino Nano and then trigger the
buzzer, The sound of the buzzer will beeping through several frequency. When the obstacle is
far from the user the buzzer will beep in slow frequent beeping sound as the obstacle approach
frequent become faster, this motion will most likely alert the user affectively[1].

3
Obstacle Smart Remote
walking

Ultrasonic Module Arduino Nano Buzzer

Figure 2.1 Block Diagram of Smart Walking Stick

4
2.2 PROTOTYPE DESCRIPTION

Base on figure 2.2, the smart walking stick consist of several part of component, which
is sliding mechanism, safety button, remote, and sensor box. The sliding mechanism in this
project is use to reduce the space use to place the walking stick, the stick can be shorten because
of the section of the stick. The stick is separate with 3 section from bigger to medium then
smaller, using the sliding mechanism the section of the stick can slide within each other thus
shorten the stick length. There also a locking unit to lock the stick from suddenly sliding.
The safety button is use to send signal from the stick to the desire receiver such as smart
phone, this function can alert the wellbeing of the user as the button only can be use at
emergency. The location for the button is place at the handle as the handle is the most use place
for the hand to be put at, the button can be easily push whenever there is emergency.
Remote is use to indicate the location for the stick, the design for the remote is small
and easy to held as the inner component only consist of small part. The remote only have one
button which to serve purpose to indicate the walking stick only.
Sensors box is use to detect light and obstacle then notify the user using sound from
buzzer. The sensors is put in the box because the box can save the sensors from the surrounding
environment such as sun heat, water and rain. The box is design to not leave any space for
water to come in.

5
 Safety
button

Remote

Sliding
mechanism

Sensor

Figure 2.2 Design of the Smart Walking Stick by KamiCare Enterprise

6
2.3 COMPONENT DESCRIPTION

Table 2.1 Component Description

Equipment Description
Arduino Nano is a microcontroller board
designed by Arduino.cc. The
microcontroller used in the Arduino Nano is
Atmega328, the same one as used
in Arduino UNO. It has a wide range of
applications and is a major microcontroller
board because of its small size and
flexibility.
An ultrasonic sensor is an electronic
device that measures the distance of a
target object by emitting ultrasonic sound
waves, and converts the reflected sound
into an electrical signal.

A buzzer or beeper is an audio signalling

device, which may be mechanical,
electromechanical, or piezoelectric (piezo
for short). Typical uses of buzzers and
beepers include alarm devices, timers, and
confirmation of user input such as a mouse
click or keystroke.
9V battery has a rectangular prism shape
with rounded edges and a polarized snap
connector at the top. A zinc–carbon (6F22)
battery is a dry cell battery that delivers a
potential of 1.5 volts between a zinc metal
electrode and a carbon rod from an
electrochemical reaction between zinc and
manganese dioxide mediated by a suitable

7
 electrolyte
A walking stick or walking cane is a device
used primarily to aid walking, provide
postural stability or support, or assist in
maintaining a good posture, but some
designs also serve as a fashion accessory, or
are used for self-defences.

A LDR is a component that has a (variable)

resistance that changes with the light
intensity that falls upon it. This allows them
to be used in light sensing circuits. A
typical LDR
Light-emitting diode (LED) is a
semiconductor device that emits light when
an electric current is passed through it. Light
is produced when the particles that carry the
current (known as electrons and holes)
combine together within the semiconductor
material.
A push button switch is a small, sealed
mechanism that completes an electric circuit
when you press on it. When it's on, a small
metal spring inside makes contact with two
wires, allowing electricity to flow. When it's
off, the spring retracts, contact is
interrupted, and current won't flow.

8
 Radio transmitters and receivers are
electronic devices that manipulate electricity
resulting in the transmission of useful
information through the atmosphere or
space. Transmitters. A transmitter consists
of a precise oscillating circuit or oscillator
that creates an AC carrier wave frequency.

The ESP8266 WiFi Module is a self

contained SOC with integrated TCP/IP
protocol stack that can give any
microcontroller access to your WiFi
network. The ESP8266 is capable of either
hosting an application or offloading all
Wi-Fi networking functions from another
application processor. Each ESP8266
module comes pre-programmed with an
AT command set firmware

9
2.4 SOFTWARE DESCRIPTION

2.4.1 ARDUINO

Arduino is an open-source electronics platform based on easy-to-use hardware and

software. Arduino boards are able to read inputs such as light on a sensor, a finger on a button
and turn it into an output such as activating a motor, turning on an LED, publishing something
online. You can tell your board what to do by sending a set of instructions to the microcontroller
on the board. To do so you use the Arduino programming language (based on Wiring), and the
Arduino Software (IDE), based on Processing[2].

10
 MARKET RESEARCH AND ANALYSIS

3.1 CUSTOMER

Our product can be sold to any blind, visually impaired and elderly people, where they
can buy the product and shop or company, which sells support tool directly. Yet our target
audience is the medical centre because it is possible to attract people who visited the centre
directly with our drug.
This product is very critical to be used for blind, visually impaired and elderly people.
The marketable feature of this product, which is the detection of obstacles by means of an
ultrasonic sensor and the detection of a stick when it is lost. This feature is important as it will
fully support the user.
For customers who are looking for this product, please visit our company located in the
northern regions of Malaysia, Seberang Perai, Penang. Customers can also order products via
orders on the company's website. This product is easily reached and receptive as our company
strives to provide our customers with the best possible service.

11
3.2 MARKET SIZE AND TREND

3.2.1 COST PER PROTOTYPE CALCULATION

Table 3.1 Calculation for cost per prototype

Price Per Unit Total Price
No Item Unit
(RM) (RM)
1 Arduino Nano CH340 1 7.91 7.91
Ultrasonic Sensor HC-
2 1 2.47 2.47
SR04
Light Dependant Resistor
3 1 0.30 0.30
Sensor
4 Piezo Buzzer 5V 1 0.80 0.80
5mm Super Bright White
5 1 0.10 0.10
LED
433MHz RF transmitter
6 1 3.90 3.90
and receiver
7 Push button 2 1.00 2.00
8 9V batteries 3 1.50 4.50
9 7x9 cm donut/perf board 1 1.00 1.00
10 ESP8266 Wifi Module 1 14.90 14.90
Adjustable High Quality
11 1 19.89 19.89
Walking Stick
TOTAL 57.17

Mark up percentage 15%

Selling price = Markup percentage + Cost per prototype
= (15% X RM57.17) + RM57.17
= RM 65.75
Current Total Market
Total number of populations in Penang = 1,767,700
Total number of blind people and elderly in Malaysia is estimated to be 4.6%
(PPOBM and NCBI[3][4][5]).

12
Total population of blind people and elderly in Penang
= (4.6/100) x 1,767,700
= 81314
Potential Customers Estimation (Market Size)
KamiCare Enterprise estimated 15% of potential customer from total population.
= (15/100) x 81314
= 12197 potential customer
Within three years , the demand for smart walking sticks will increase. This situation
may arise because many people today like innovations that can reduce their costs and problems.
The minimum price that will be spent on our product is only RM 65.75, so that we can predict
that about 15 per cent of customers living in Permatang Pauh will be attracted to our product.
This product also has a potential profitability, as it is a new innovation produced by us. As
everyone knows, people today love to use new things to keep up with the technology trend. For
our product Smart Walking Stick, we are already targeting potential annual growth in order to
sell this product to the customer. Below is the estimate of the total market size for the second
and third years:

Table 3.2 Estimation for 3 year

Year 2020 2021 2022
Market Size (%) 10 % 12% 14%
Target Market 12197 13660 15572
Total Market Size RM 801952.75 RM 898145 RM 1023859

13
3.3 MARKET STRATEGY

We will trigger the interest of our customers to find out more and try out our product.
and when they are satisfied with the functions and features of our products, they will purchase
them. This product was designed to be user-friendly and easy to use. We’re going to make sure
that this Smart Walking Stick is reasonable on the market price. We will also improve our
product from time to time by following the latest technology. The price of our product is fixed
wherever it is sold. As far as the service and guarantee, policy is concerned, this product will
be covered by 3 years of warranty and failure is only covered if it is due to system failure and
electronic failure, not intentional failure. Customers may refer to our company's website for
further action if there are any compliments, enquiries or complaints. As far as advertising of
our product is concerned, we use a commercial style to promote our product. We’re going to
use our technology era by promoting the Smart Walking Stick through the internet and
multimedia. In addition, we will also advertise it on a banner or signboard and on a business
card. We also build our company's Smart Walking Stick website to make our customers more
comfortable and to attract new customers to find out more about our product.

14
 MANAGEMENT TEAM

4.1 ORGANIZATION TEAM

4.1.1 KEY MANAGEMENT ROLE

KEY MANAGEMENT
NAME
ROLES
General Manager RAIMI IZ’AAN BIN ROSLI

Administrative Manager MOHAMMAD AFIQ BIN KAMAL

Financial Manager FATIN ANTASHA BINTI ANIZAM

Marketing Manager NADIA BINTI MOHAMAD NASIR

MUTMAINNAH RADHIAH BINTI
Operational Manager
MOHAMAD JEFFERY

15
4.1.2 PERSONELL CAREER HIGHLIGHT

Name and Position Career Highlights

Qualifications
Degree in Electrical Eletronics Engineering, Universiti
RAIMI IZ’AAN BIN ROSLI Teknologi Mara
(General Manager)
Skills
High leader ship skill and a visionary person
Capable of good work planning
Qualifications
Degree in Electrical Eletronics Engineering, Universiti
Teknologi Mara
Master in Electrical (Power) Engineering, Universiti
MOHAMMAD AFIQ BIN KAMAL Teknologi
(Administrative manager) Mara
Skills
Good capability in data sorting
High verbal conversation skill with customers and
workers
Qualifications
Degree in Accounting, Taylor University
FATIN ANTASHA BINTI Master in Applied Finance, Universiti Kuala Lumpur
ANIZAM (UniKL)
(Financial Manager) Skills
Have skills in financial management
Good with financial calculation and money flow
Qualifications
Degree in Digital Art, Universiti Islam Malaysia
(USIM)
NADIA BINTI MOHAMAD NASIR Master in Applied Animation, Universiti Islam Malaysia
(Marketing Manager) (USIM)
Skills
have skills in multimedia applications
Have a lot of idea in marketing strategy
Qualifications
Degree in Mechanical, Universiti Putra Malaysia (UPM)
MUTMAINNAH RADHIAH BINTI Master in Mehanical, Universiti Putra Malaysia (UPM)
MOHAMAD JEFFERY Skills
(Operation Engineer) Have wide knowledge on technical product
Experienced in technical data
Have a large entry in procurement library

16
4.2 MANAGEMENT COMPENSATION AND OWNERSHIP

MONTHLY SALARY SHARE OF AMOUNT OF EQUITY

NAME AND POSITION
(RM) OWNERSHIP(%) INVESTED
RAIMI IZ’AAN BIN
ROSLI 6000 30 90000
(General Manager)
MOHAMMAD AFIQ
BIN KAMAL
4000 25 75000
(Administrative
manager)
FATIN ANTASHA BINTI
ANIZAM (Financial 4000 25 75000
Manager)
NADIA BINTI
MOHAMAD NASIR
4000 10 30000
(Marketing
Manager)
MUTMAINNAH
RADHIAH BINTI
MOHAMAD JEFFERY 4000 10 30000
(Operation
Engineer)
total 22000 100 300000

17
The Salary And Wagers Of Every Worker In The Company.
NAME AND MONTHLY EPF (13%) SOCSO EIS (0.2%)
NET SALARY
POSITION SALARY (RM) RM (1.75%) RM RM
RAIMI IZ’AAN BIN
ROSLI
6000 780 105 12 6897
(General
Manager)
MOHAMMAD
AFIQ BIN KAMAL
4000 520 70 8 4598
(Administrative
manager)
FATIN ANTASHA
BINTI ANIZAM
4000 520 70 8 4598
(Financial
Manager)
NADIA BINTI
MOHAMAD NASIR
4000 520 70 8 4598
(Marketing
Manager)
MUTMAINNAH
RADHIAH BINTI
MOHAMAD
4000 520 70 8 4598
JEFFERY
(Operation
Engineer)

18
 FINANCIAL PLAN

5.1 PROJECT IMPLEMENTATION COST & SOURCES OF FINANCE

Table 5.1 Project Implememtation Cost and Source of Finance

KamiCare Enterprise
PROJECT IMPLEMENTATION COST & SOURCES OF FINANCE

Project Implementation Cost Sources of Finance

Requirements Cost Loan Hire-Purchase Own Contribution

Fixed Assets Cash Existing F. Assets
Land & Building 350,000 350,000
Office Equipments 7,000 7,000
Office Renovations 15,000 15,000
Furniture Offices 15,000 15,000

Van Delivery 40,000 40,000

Machinery 10,000 10,000

Factory Renovations 8,000 8,000

Working Capital 1 months

Administrative 42,200 42,200
Marketing 2,000 2,000
Operations 29,000 29,000
Pre-Operations & Other Expenditure 18,200 18,200
Contingencies 10% 53,640 53,640

TOTAL 590,040 590,040

19
 5.2 BUDGET

Table 5.2 Administrative Budget Table

ADMINISTRATIVE BUDGET
Monthly
Particulars F.Assets Exp. Others Total

Fixed Assets

Land & Building 350,000 350,000

Office Equipments 7,000 7,000

Office Renovations 15,000 15,000

Furniture Offices 15,000 15,000

- -
Working Capital

KWSP & PERKESO 35,700 35,700

Building Rental 3,000 3,000

Office Supply 1,000 1,000

Office Utilities 1,000 1,000

Insurance 500 500

Office Maintenances 1,000 1,000

- -
Pre-Operations & Other Expenditure
Other Expenditure -

Deposit (rent, utilities, etc.) 10,000 10,000

Business Registration & Licences 4,000 4,000

Insurance & Road Tax for Motor Vehicle - -

Other Pre-Operations Expenditure 500 500

Total 387,000 42,200 14,500 443,700

20
 Table 5.3 Marketing Budget Table
MARKETING BUDGET
Particulars F.Assets Monthly Exp. Others Total

Fixed Assets

Van Delivery 40,000 40,000

- -

- -

- -
Working Capital

Marketing 2,000 2,000

- -

- -

- -

- -

- -

- -
Pre-Operations & Other Expenditure

Other Expenditure -

Deposit (rent, utilities, etc.) - -

Business Registration & Licences - -

Insurance & Road Tax for Motor Vehicle 2,400 2,400

Other Pre-Operations Expenditure 800 800

Total 40,000 2,000 3,200 45,200

21
 Table 5.4 Operation Budget Table
OPERATIONS BUDGET
Particulars F.Assets Monthly Exp. Others Total

Fixed Assets

Machinery 10000 10,000

Factory Renovations 8000 8,000

-
Working Capital

Raw Materials & Packaging 20,000 20,000

Carriage Inward & Duty 3,000 3,000

Salaries, EPF & SOCSO 6,000 6,000

- -

- -

- -

- -
Pre-Operations & Other Expenditure

Other Expenditure -

Deposit (rent, utilities, etc.) - -

Business Registration & Licences - -

Insurance & Road Tax for Motor Vehicle - -

Other Pre-Operations Expenditure 500 500

Total 18,000 29,000 500 47,500

22
5.3 DEPRECIATION SCHEDULES

Table 5.5 Depreciation Schedule

KamiCare Enterprise
DEPRECIATION SCHEDULES

Fixed Asset Office Equipments Fixed Asset Office Renovations

Cost (RM) 7,000 Cost (RM) 15,000
Straight Straight
Method Line Method Line
Economic Life
Economic Life (yrs) 6 (yrs) 8
Accumulate Accumulate
Annual d Annual d
Year Depreciatio Depreciation Book Value Yea Depreciatio Depreciation Book
n r n Value

15,00
- - 7,000 - - 0

13,12
1 1,167 1,167 5,833 1 1,875 1,875 5

11,25
2 1,167 2,333 4,667 2 1,875 3,750 0

3 1,167 3,500 3,500 3 1,875 5,625 9,375

4 1,167 4,667 2,333 4 1,875 7,500 7,500

5 1,167 5,833 1,167 5 1,875 9,375 5,625

6 1,167 7,000 0 6 1,875 11,250 3,750

7 0 0 0 7 1,875 13,125 1,875

8 0 0 0 8 1,875 15,000 -

9 0 0 0 9 0 0 -

10 0 0 0 10 0 0 -

Fixed Asset Furniture Offices Fixed Asset

Cost (RM) 15,000 Cost (RM)
Straight Straight
Method Line Method Line
Economic Life
Economic Life (yrs) 7 (yrs) 5
Accumulate Accumulate
Annual d Annual d
Depreciatio Yea Depreciatio Book
Year n Depreciation Book Value r n Depreciation Value

- - 15,000 - - -

1 2,143 2,143 12,857 1 - - -

2 2,143 4,286 10,714 2 - - -

3 2,143 6,429 8,571 3 - - -

23
 4 2,143 8,571 6,429 4 - - -

5 2,143 10,714 4,286 5 - - -

6 2,143 12,857 2,143 6 - - -

7 2,143 15,000 - 7 - - -

8 0 0 - 8 - - -

9 0 0 - 9 - - -

10 0 0 - 10 - - -

Fixed Asset Van Delivery Fixed Asset

Cost (RM) 40,000 Cost (RM)
Straight Straight
Method Line Method Line
Economic Life
Economic Life (yrs) 5 (yrs) 5
Accumulate Accumulate
Annual d Annual d
Depreciatio Yea Depreciatio Book
Year n Depreciation Book Value r n Depreciation Value

- - 40,000 - - -

1 8,000 8,000 32,000 1 - - -

2 8,000 16,000 24,000 2 - - -

3 8,000 24,000 16,000 3 - - -

4 8,000 32,000 8,000 4 - - -

5 8,000 40,000 - 5 - - -

6 0 0 - 6 - - -

7 0 0 - 7 - - -

8 0 0 - 8 - - -

9 0 0 - 9 - - -

10 0 0 - 10 - - -

Fixed Asset Fixed Asset

Cost (RM) Cost (RM)
Straight Straight
Method Line Method Line
Economic Life
Economic Life (yrs) 5 (yrs) 5
Accumulate Accumulate
Annual d Annual d
Depreciatio Yea Depreciatio Book
Year n Depreciation Book Value r n Depreciation Value

- - - - - -

1 - - - 1 - - -

24
 2 - - - 2 - - -

3 - - - 3 - - -

4 - - - 4 - - -

5 - - - 5 - - -

6 - - - 6 - - -

7 - - - 7 - - -

8 - - - 8 - - -

9 - - - 9 - - -

10 - - - 10 - - -

Factory
Fixed Asset Machinery Fixed Asset Renovations
Cost (RM) 10,000 Cost (RM) 8,000
Straight Straight
Method Line Method Line
Economic Life
Economic Life (yrs) 5 (yrs) 8
Accumulate Accumulate
Annual d Annual d
Depreciatio Yea Depreciatio Book
Year n Depreciation Book Value r n Depreciation Value

- - 10,000 - - 8,000

1 2,000 2,000 8,000 1 1,000 1,000 7,000

2 2,000 4,000 6,000 2 1,000 2,000 6,000

3 2,000 6,000 4,000 3 1,000 3,000 5,000

4 2,000 8,000 2,000 4 1,000 4,000 4,000

5 2,000 10,000 - 5 1,000 5,000 3,000

6 0 0 - 6 1,000 6,000 2,000

7 0 0 - 7 1,000 7,000 1,000

8 0 0 - 8 1,000 8,000 -

9 0 0 - 9 0 0 -

10 0 0 - 10 0 0 -

25
5.4 LOAN AND HIRE PURCHASE AMMORTISATION SCHEDULE

Table 5.6 Loan and hire purchase ammortisation schedule

KamiCare Enterprise
LOAN & HIRE-PURCHASE AMMORTISATION SCHEDULES

HIRE-PURCHASE REPAYMENT
LOAN REPAYMENT SCHEDULE SCHEDULE
Amount 590,040 Amount
Interest Rate 5% Interest Rate 5%
Duration
Duration (yrs) 5 (yrs) 5
Method Baki Tahunan
Total Principa
Total Principal Yea Principa Interes Paymen l
Year Principal Interest Payment Balance r l t t Balance

590,04
- - 0 - - -

118,00 472,03
1 8 29,502 147,510 2 1 - - - -

118,00 354,02
2 8 23,602 141,610 4 2 - - - -

118,00 236,01
3 8 17,701 135,709 6 3 - - - -

118,00 118,00
4 8 11,801 129,809 8 4 - - - -

118,00
5 8 5,900 123,908 - 5 - - - -

6 0 0 - - 6 - - - -

7 0 0 - - 7 - - - -

8 0 0 - - 8 - - - -

9 0 0 - - 9 - - - -

10 0 0 - 10 - - - -

26
INCOME

Table 5.7 Income Statement table

KamiCare Enterprise
PRO-FORMA INCOME STATEMENT

Year 1 Year 2 Year 3

Sales 801,948 898,145 1,023,859
Less: Cost of
Sales
Opening Stock of
Finished Goods 7,000 8,000
Production
348,300 361,300 368,870
Cost
less: Ending Stock
7,000 8,000 9,000
of Finishe Goods
0 0 0
341,300 360,300 367,870
Gross Profit 460,648 537,845 655,989

Less: Enpenditure
Administrative
506,400 531,720 558,306
Expenditure
Marketing
24,000 25,200 26,460
Expenditure
Other Expenditure
Business
Registration & 4,000
Licences
Insurance & Road
Tax for Motor 2,400 2,400 2,400
Vehicle
Other Pre-
Operations 1,800
Expenditure
Interest on Hire-
Purchase
Interest on Loan 29,502 23,602 17,701
Depreciation of
13,185 13,185 13,185
Fixed Assets

Total Expenditure 581,287 596,106 618,052

Net Profit Before
-120,639 -58,261 37,937
Tax
Tax 0 0 10,622
Net Profit After
Tax -120,639 -58,261 27,315
Accumulated Net
-178,900 -151,585
Profit -120,639

27
BALANCE SHEET

Table 5.8 Balance Sheet table

KamiCare Enterprise
PRO-FORMA BALANCE SHEET

Year 1 Year 2 Year 3

ASSETS

Fixed Assets
(Book Value)
Land &
350,000 350,000
Building 350,000
Office
5,833 4,667 3,500
Equipments
Office
13,125 11,250 9,375
Renovations
Furniture Offices 12,857 10,714 8,571

Van Delivery 32,000 24,000 16,000

Machinery 8,000 6,000 4,000

Factory
7,000 6,000 5,000
Renovations

428,815 412,631 396,446

Current
Assets
Stock of Raw
Materials 2,700 2,800 3,000
Stock of Finished
7,000 8,000 9,000
Goods
Accounts
Receivable
Cash Balance -97,122 -258,307 -334,015
-87,422 -247,507 -322,015
Other
Assets
Deposit 10,000 10,000 10,000

TOTAL
351,393 175,124 84,431
ASSETS

Owners'
Equity
Capital
Accumulated
-120,639 -178,900 -151,585
Profit
-120,639 -178,900 -151,585
Long Term
Liabilities
Loan Balance 472,032 354,024 236,016

28
Hire-Purchase
Balance
472,032 354,024 236,016
Current
Liabilities
Accounts
Payable

TOTAL
EQUITY & 351,393 175,124 84,431
LIABILITIES

29
 FINANCIAL PERFORMANCE

Table 5.9 Financial Performance table

KamiCare Enterprise
FINANCIAL PERFORMANCE
Year 1 Year 2 Year 3

PROFITABILITY
Sales 801,948 898,145 1,023,859
Gross Profit 460,648 537,845 655,989
Profit Before
Tax -120,639 -58,261 37,937
Profit After
Tax -120,639 -58,261 27,315
Accumulated
Profit -120,639 -178,900 -151,585

LIQUIDITY
Total Cash
Inflow 1,391,988 898,145 1,023,859
Total Cash
Outflow 1,489,110 1,059,330 1,099,568
Surplus
(Deficit) -97,122 -161,185 -75,709
Accumulated
Cash -97,122 -258,307 -334,015

SAFETY
Owners'
Equity -120,639 -178,900 -151,585
Fixed Assets 428,815 412,631 396,446
Current
Assets -87,422 -247,507 -322,015
Long Term
Liabilities 472,032 354,024 236,016
Current
Liabilities 0 0 0

FINANCIAL RATIOS
Profitability
Return on
Sales -15% -6% 3%
Return on
Equity 100% 33% -18%
Return on
Investment -34% -33% 32%
Liquidity
Current
Ratio #DIV/0! #DIV/0! #DIV/0!
Quick Ratio
(Acid Test) #DIV/0! #DIV/0! #DIV/0!

30
 Safety
Debt to
Equity Ratio -3.9 -2.0 -1.6

BREAK-EVEN ANALYSIS
Break-Even
Point (Sales) 1,026,102 1,071,785 1,028,417
Break-Even
Point (%) 128% 119% 100%

31
 PROJECT MILESTONE

NO DESCRIPTION Week

1 2 3 4 5 6 7 8 9 10 11 12
Project
1
Initiation
Product
2
Analysis
Design and
Technology
3
Development of
Product
Market
4 Analysis and
Strategies
Management
5 Team
Organization
Analysis of
6
Financial
Production
7 Development
started
Launching the
8 Product
Prototype

32
 CONCLUSION

As a conclusion this project are meant to be a newer or an upgraded version of the older
drain cleaner technology. From the interview with the medical company all party agree by
upgrading the old walking stick and implement it with technology, it will most likely provide
more help to needed people. The function of this product on finding the walking stick when
user lose it really help them to lighter up then load on daily basis. Technology on ultrasonic
really is the game changer as it surely could assist user to enjoy their daily walk. The design of
the product is also good as the it is compact and function on sliding the stick really help om
minimizing the space to put the smart walking stick. The component use to create this product
is surely cheap but have a good quality, the box design also will prolong the component
lifetime.

33
 REFERENCE

[1] “Smart Blind Stick Project using Arduino and Sensors.” [Online]. Available:
https://circuitdigest.com/microcontroller-projects/arduino-smart-blind-stick.
[Accessed: 05-Jul-2020].
[2] D. Wheat and D. Wheat, “Arduino Software,” in Arduino Internals, 2011.
[3] “Burden of Vision Loss | CDC.” [Online]. Available:
https://www.cdc.gov/visionhealth/risk/burden.htm?CDC_AA_refVal=https%3A%2F%
2Fwww.cdc.gov%2Fvisionhealth%2Fbasic_information%2Fvision_loss_burden.htm.
[Accessed: 05-Jul-2020].
[4] “Pertubuhan Pembangunan Orang Buta Malaysia.” [Online]. Available:
http://ppobm.org.my/. [Accessed: 05-Jul-2020].
[5] S. Chandrasekhara Reddy and T. Thevi, “Blindness and low vision in Malaysia,” Int.
J. Ophthalmic Res., vol. 3, no. 2, pp. 234–238, 2017.

34