Norand — Dual Entity P&L Calculator

Product categories

Landed cost and list price per category

	Category	Landed cost	List price	Mix %	GP/sheet at list	GP % at list	Mark-up %
	Weighted average	—	—	—	—	—	—

Every channel sells the same category mix, so the model runs on the weighted average landed cost and weighted average list price. Shifting mix toward a higher-priced category raises margin without touching price or discount. Mix percentages are normalised, so they need not add to exactly 100.

Employer statutory contributions

Employer portion only · rate applied to monthly wage

	Contribution	Rate %	Rate above threshold %	Wage threshold	Wage ceiling	Local	Foreign

Threshold switches the rate above a wage level — EPF drops from 13% to 12% above RM5,000. Set 0 for a single rate.
Ceiling caps the wage the rate applies to — SOCSO and EIS stop at RM6,000. Set 0 for no cap.
Local / Foreign controls which staff each contribution applies to. Every manpower row picks a profile.
SOCSO and EIS are legislated as contribution tables rather than pure percentages, so treat these as forecasting approximations and confirm exact figures with your payroll provider.

Tax, fee ceiling and logistics

Corporate tax basis		SME bands apply per entity. Confirm eligibility — a corporate shareholder can disqualify it.
Flat tax rate %		Used only when basis is Flat rate.
Management fee ceiling %		Warns when the fee table totals more than this.
Sheets per 40ft container		Drives the containers-per-month metric.

Sales and channel margin

Cost basis: weighted landed costDrag ⠿ to reorder

	Channel	Sheets/mo	Disc %	Unit price	Unit cost	GP/sheet	GP %	Sheets/yr	Revenue/yr	GP/yr
	Total	—		—	—	—	—	—	—	—

Manpower

Profile controls which statutory contributions apply

	Role	Pax	RM/mo ea	Profile	Basic/yr	Statutory/yr	Stat %	Total/yr

Fixed operating expenses

Key in monthly

	Item	RM/mo	Non-cash	RM/yr
	Total fixed	—		—

Variable expenses

% of a revenue or cost base

	Item	%	Base	Non-cash	RM/yr
	Total variable				—

Management fee

% of consolidated PBT before fee · no statutory

	Recipient	% of PBT	Group RM/yr	NI share RM/yr	RM/mo
	Total	—	—	—	—

Shared with Norand Sdn Bhd — edit here or there, both stay in sync. Charged on consolidated PBT before fee, then split between entities in proportion to each one's own PBT before fee. Zero in a loss year.

Profit & loss — Norand Industries Sdn Bhd

Annual

Revenue	100.0%	—
Cost of goods sold — sheets × weighted landed cost	—	—
Gross profit	—	—
Manpower — basic salary	—	—
Manpower — employer statutory	—	—
Fixed operating expenses	—	—
Variable expenses	—	—
Total operating expenses	—	—
PBT before management fee	—	—
Total management fee	—	—
Profit before tax	—	—
Corporate tax	—	—
Profit after tax	—	—

Sales and channel margin

Cost basis: transfer price from NIDrag ⠿ to reorder

	Channel	Sheets/mo	Disc %	Unit price	Unit cost	GP/sheet	GP %	Internal	Sheets/yr	Revenue/yr	GP/yr
	Total	—		—	—	—	—		—	—	—

Tick Internal for related-party volume such as Figment, so it can be excluded from commission and tracked separately.

Manpower

Profile controls which statutory contributions apply

	Role	Pax	RM/mo ea	Profile	Basic/yr	Statutory/yr	Stat %	Total/yr

If a director is paid a director's fee rather than a salary, set the profile to None — fees do not attract EPF, SOCSO or EIS.

Fixed operating expenses

Key in monthly

	Item	RM/mo	Non-cash	RM/yr
	Total fixed	—		—

Variable expenses

% of a revenue or cost base

	Item	%	Base	Non-cash	RM/yr
	Total variable				—

Marketing and creative commission sits entirely in Norand Sdn Bhd. Norand Industries carries no commission line, so its variable expenses are provisions only.

Management fee

% of consolidated PBT before fee · no statutory

	Recipient	% of PBT	Group RM/yr	NSB share RM/yr	RM/mo
	Total	—	—	—	—

Profit & loss — Norand Sdn Bhd

Annual

Revenue	100.0%	—
Cost of goods sold — purchases from NI at transfer price	—	—
Gross profit	—	—
Manpower — basic salary	—	—
Manpower — employer statutory	—	—
Fixed operating expenses	—	—
Variable expenses	—	—
Total operating expenses	—	—
PBT before management fee	—	—
Total management fee	—	—
Profit before tax	—	—
Corporate tax	—	—
Profit after tax	—	—

Key metrics

Group

—Gross margin—

—PBT before fee—

—Net margin—

—Contribution / sheetAfter landed + variable cost

—Breakeven sheets/mo—

—Margin of safetyHeadroom above breakeven

—Op. cash / monthBefore fee, tax, working capital

—Containers / month—

Channel value chain

Where each channel's margin lands, by entity

End channel	Sheets/mo	Disc %	End price	Landed	NI GP/sh	NSB GP/sh	Group GP/sh	Group GP %	Group GP/yr	% of group GP
Total	—		—	—	—	—	—	—	—	100.0%

Group GP per sheet is gross profit only — it does not absorb fixed cost. Once past breakeven, fixed cost is already paid for, so this is the right basis for judging whether one more sheet is worth selling.

Consolidation bridge

Intercompany eliminated

Norand Industries — total revenue		—
Norand Sdn Bhd — total revenue		—
Less: intercompany sales NI → NSB (eliminated)		—
Group external revenue	100.0%	—

Consolidated profit & loss

Annual

External revenue	100.0%	—
Cost of goods sold — total sheets × weighted landed cost	—	—
Gross profit	—	—
Manpower basic — NI	—	—
Manpower basic — NSB	—	—
Employer statutory — NI	—	—
Employer statutory — NSB	—	—
Fixed operating expenses — NI	—	—
Fixed operating expenses — NSB	—	—
Variable expenses — NI	—	—
Variable expenses — NSB	—	—
Total operating expenses	—	—
PBT before management fee	—	—
Total management fee	—	—
Profit before tax	—	—
Corporate tax — NI		—
Corporate tax — NSB		—
Total tax	—	—
Profit after tax	—	—

Entity comparison

Where the profit sits

Line	Norand Industries	Norand Sdn Bhd	Group
Revenue	—	—	—
Gross profit	—	—	—
Gross margin %	—	—	—
Manpower — basic	—	—	—
Manpower — statutory	—	—	—
Fixed operating expenses	—	—	—
Variable expenses	—	—	—
PBT before fee	—	—	—
Management fee	—	—	—
Tax	—	—	—
Profit after tax	—	—	—
Net margin %	—	—	—

Statutory contributions by type

Employer portion, annual

Contribution	Norand Industries	Norand Sdn Bhd	Group	% of basic salary
Total statutory	—	—	—	—
Basic salary base	—	—	—

Distribution summary

Annual

—Group profit after tax—

—Dividend pool—

—Retained in company—

—Management fee paidPerformance-linked, before tax

—Total paid to peopleFee + salary + retainer + commission

—Total to people + owners—

—Dividend yield on capital—

—Capital paybackYears at this dividend rate

Dividend policy

Term sheet settings

Paid-up capital — group		Used to work out each holder's capital in and yield.
Dividend payout % of PAT		50 means a 50/50 split — half distributed, half retained.
Dividend surtax rate % — individuals		Applied only to the portion above the threshold, and only to holders marked as individuals.
Surtax threshold — RM per year		Dividend income below this is not surtaxed.

Dividends are single-tier — already taxed at company level, so no further tax on the company. The surtax sits with the individual, not the company, and does not change group cash flow. Confirm the current rate and threshold with your tax agent before relying on these figures.

Shareholders and income sources

Link each person to the lines they are paid from

	Name	Role	Equity %	Individual	Loan to company	Management fee	Salary	Retainer	Commission
	Total		—		—

The dropdowns attribute existing P&L lines to a person — they never add cost. A person can hold zero equity and still appear here, which is how a consultant on a retainer plus commission shows up. Equity percentages are normalised, so the pool is always fully allocated.

Income by person

Annual, before personal income tax

Name	Equity %	Capital in	Mgmt fee	Salary	Retainer	Commission	Total earned	Dividend	Surtax	Dividend net	Total income	RM/mo	Yield on capital
Total	—	—	—	—	—	—	—	—	—	—	—	—	—

Total earned is performance and service pay — management fee, salary, retainer and commission. It is a cost inside the P&L, taken before profit.
Dividend is a return on ownership, paid out of profit after tax. Salary attracts EPF and personal income tax; management fee and dividend do not attract EPF. Personal income tax is not modelled here.

Where the money goes

From gross profit to the people who receive it

Group gross profit	100.0%	—
Operating costs excluding people	—	—
Salaries and retainers to people listed above	—	—
Commission to people listed above	—	—
PBT before management fee	—	—
Management fee — performance linked	—	—
Corporate tax	—	—
Profit after tax	—	—
Dividend to shareholders	—	—
Retained in the business	—	—