Forecast Worksheet for crescent rident Thit is Vear $ - the Averate Numerica Chaqce Amual columi of your Operating budget: Fertatat Workaher: fer Sommir Valliry Exhibit CR-2: Crescent Ridae Golf Colirca Dounde Lietant Exhibit CR-3: Crescent Ridge Golf Course Financial History \begin{tabular}{|c|c|c|c|c|c|} \hline ColrOperailos Reveass & Year 1 & Var2 & Ytar3 & Yoar 4 & Years \\ \hline Green kes & 5786240 & seg175 & si.037.612 & \$1.101525 & 51089.884 \\ \hline roumamout poes. & si.21.5. & sizono: & sobods & 551.805 & 54094 \\ \hline GotfCar Kentals & 520262 & & 324505 & 5163,425 & 536475 \\ \hline Rivige: & 528506 & sangez. & 51894 & 519.207 & szoz70 \\ \hline Golf tquijment Rontal & 515xin: & 516.930 & & $14570 & 514289 \\ \hline Intruclion & 516052 & siz290 & ssige & 13228 & 54,231 \\ \hline Playce Devidopment: & 50.252 & sones & sisas & & 51,437 \\ \hline & & 510950 & 504500 & 570250 & 569410 \\ \hline Cost orciools sola () & & & & & (sspine \\ \hline coosin: & 65% & 709 & arias & 8184 & sin \\ \hline Merchitudive Gross Mtarin & smastb & 52110 & ssgoos & stason & 5990 \\ \hline Tetal Colroperation Revenue. & 51359.992 & S1.410.929 & 51505.761 & sis70.620 & 51.537 .440 \\ \hline Cou Orratioss Exriows & yean 1 & & & Yrine & res5 \\ \hline Labor (Wayes, Benefits, Taxes) & sin20 & & & 5016159 & soss.5 \\ \hline Instriction Fees Pud to Fingloyse & 51060 & & 5129 & & $2.,750 \\ \hline Playes Dev. Fes Pad to Eingloses & & sisa: & 5+53 & 31.37 & 5921 \\ \hline Utilities & & ssiog & 552,509 & & 53.603 \\ \hline Makting and hochstion & SSA20 & sosis & senso & 55923 & 156100 \\ \hline Fadure & 52,652 & & & 52003 & \\ \hline Eidacaticu and Truvel & 58.163 & ss.7.7. & 58,928 & 39248 & 59525 \\ \hline GolfCar Lase & 574.880 & 59.680 & 574.550 & & 574.580 \\ \hline GolfCa Mainteused & 520,000 & sapisio & & 5901506 & s3039 \\ \hline Golf Car Electicidy & 515,500 & 515065 & & sics3 & salias \\ \hline Range Sippplies & 55.409 & & & soss & 56006 \\ \hline Tetal Colroperation Expense & $429,182 & 44561 & cos54 & 5+4957 & 5460,565 \\ \hline Xerincoutr & Yous 1 & & xries & Wris 4 & mon5 \\ \hline Golfoperution Net tocume & 5970.810 & simsas & 51000.220 & & 51.075478 \\ \hline Food ind Baverare Ner linoues. & 514200 & 13xsog & (6.1) & & anisos \\ \hline Net Ins, Defore Vactigri Expens. & 5945.910 & 52668 & $1,04720 & 51,100,241 & sxass,ass \\ \hline & & yean2 & resin 3 & Voxit & Yrans \\ \hline & & & & & cossogso \\ \hline Other fiaciling Lxpense & astion & issagos. & (gomiles & (Bestry & Bentisy \\ \hline Abunistnatice Expenci & & & courin. & ations & \\ \hline Totat Fasmis Expenes. & & & & arovan & stiscon \\ \hline Net tocoue Below Deth Somes & 596710 & & suosing & sunsos & sens.3a? \\ \hline Dobe service (sz milina lane) & & Hesing & & & csenssist \\ \hline Net lacame anter Debt Servise: & 512.54 & sions. & saray: & soosus & sasul \\ \hline \end{tabular} Click ent linsoge to enbiyes Exhibit SV-2: Summit Valley Country Club Membership Trends and Rounds History \begin{tabular}{|l|c|c|c|c|c|} \hline Non-Equity Social & $113,400 & $142,200 & $167,400 & $273,600 & $297,600 \\ \hline \begin{tabular}{l} Total Annual \\ Revenue \end{tabular} & $2,143,680 & $2,059,080 & $2,043,960 & 52,087,280 & $2,027,520 \\ \hline \end{tabular} Ciikion limage to entarje. \begin{tabular}{|l|c|c|c|c|c|} \hline \multicolumn{1}{|c|}{ Round TyPE } & YEAR 1 & YEAR 2 & YEAR 3 & YEAR 4 & YEAR 5 \\ \hline Weekday & 14,250 & 13,325 & 12,344 & 13,007 & 12,898 \\ \hline Weekend/Holiday & 10,040 & 11,030 & 12,037 & 10,998 & 10,840 \\ \hline Total Rounds & 24,290 & 24,355 & 24,381 & 24,005 & 23,738 \\ \hline \end{tabular} \begin{tabular}{|l|c|c|c|c|c|} \hline \multicolumn{1}{|c|}{ RoLND TYPE } & YEAR 1 & YEAR 2 & YEAR 3 & YEAR 4 & YEAR 5 \\ \hline \begin{tabular}{l} Member \\ Tournament Rounds \end{tabular} & 3,550 & 3,130 & 2,798 & 2,478 & 1,987 \\ \hline \begin{tabular}{l} Member Non- \\ Toumament Rounds \end{tabular} & 16,107 & 16,522 & 16,879 & 16,829 & 17,064 \\ \hline \begin{tabular}{l} Outside Tournament \\ Rounds \end{tabular} & 4,100 & 4,178 & 4,205 & 4,211 & 4,225 \\ \hline Guest Rounds & 533 & 525 & 499 & 487 & 462 \\ \hline Total Rounds & 24,290 & 24,355 & 24,381 & 24,005 & 23,738 \\ \hline \end{tabular} \begin{tabular}{|l|c|c|c|c|c|} \hline \multicolumn{1}{|c|}{ RouND TYPE } & YEAR 1 & YEAR 2 & YEAR 3 & YEAR 4 & YEAR 5 \\ \hline Men & 19,917 & 18,997 & 18,529 & 18,004 & 17,091 \\ \hline Women & 3,644 & 4,140 & 4,389 & 4,321 & 4,748 \\ \hline Juniors & 729 & 1,218 & 1,463 & 1,680 & 1,899 \\ \hline Total Rounds & 24,290 & 24,355 & 24,381 & 24,005 & 23,738 \\ \hline \end{tabular} \begin{tabular}{|l|c|c|c|c|c|} \hline \multicolumn{1}{|c|}{ RotND TYPE } & YEAR 1 & YEAR 2 & YEAR 3 & YEAR4 & YEAR 5 \\ \hline Men & 82% & 78% & 76% & 75% & 72% \\ \hline Women & 15% & 17% & 18% & 18% & 20% \\ \hline Juniors & 3% & 5% & 6% & 7% & 8% \\ \hline Total Rounds & 100% & 100% & 100% & 100% & 100% \\ \hline \end{tabular} Exhlbit SV-3: Summit Vallou Countni Cluh Elnamalal uined