Operating reserve
Target ≈ 6 months
Covers essential operations through low-occupancy months.
Long-term internal objective ≈ 6 months of essential operating expenses.
Financial control
Tanay scenario engine.
Four editable scenarios — stress, conservative, base and strong — modelled on the same standardised Open Living Villa. Every figure is an assumption you can change.
Inputs — Base
Scenario assumptions — not forecasts or guarantees.
Output
- Available villa nights
- 1,460
- Occupied villa nights
- 584
- Accommodation revenue
- ₱9,636,000
- Ancillary revenue
- ₱1,156,320
- Gross revenue
- ₱10,792,320
- Operating expenses
- − ₱4,316,928
- Management fee
- − ₱1,079,232
- Taxes
- − ₱863,386
- Operating cash flow
- ₱4,532,774
- Reserve contribution
- − ₱1,079,232
- Debt service
- − ₱0
- Distributable cash flow
- ₱3,453,542
- Founder distributions
- ₱2,900,000
- Retained earnings / expansion
- ₱553,542
Distribution coverage
1.19×
High risk · Available distributable cash ÷ proposed Founder distribution.
Maharlika distribution waterfall
Guest revenue first. Distributions last.
Available distributable cash exists only after every operating obligation and every mandatory reserve has been funded. Authorised Founder distributions follow; retained earnings fund expansion.
Guest revenue less
- OTA / payment fees
- Housekeeping
- Laundry
- Utilities
- Payroll
- Guest supplies
- Pool maintenance
- Landscaping
- Repairs
- Insurance
- Licenses
- Marketing
- Applicable taxes
- Debt obligations
- Property management fee
- Maintenance / replacement reserve
- Operating reserve contribution
= Available distributable cash
→ Authorised Founder distributions → Retained earnings / expansion
Reserve system
Five separate reserve accounts.
Each account tracks its own balance, target, coverage, contributions and withdrawals — with a documented reason for every withdrawal.
Maintenance reserve
Routine and preventive maintenance, funded before any distribution.
Funded monthly as a fixed percentage of accommodation revenue.
Capital replacement reserve
Roofing, pool systems, aircon, furniture and equipment cycles.
Funded against a documented replacement schedule per villa.
Emergency reserve
Typhoon, damage, business interruption and unbudgeted events.
Withdrawals require documented reason and authorised approval.
Tax reserve
Ring-fenced for assessed and accruing tax obligations.
Never available to fund a Founder distribution.
- Current balance
- Target balance
- Months coverage
- Contribution
- Withdrawal
- Reason
Distribution safety check
Every approval is stress-tested first.
If any check fails, the platform displays DISTRIBUTION REQUIRES MANAGEMENT REVIEW. Maharlika never borrows, and never uses new Founder contributions, to manufacture a distribution.
- Available cash
- Reserve position
- Debt obligations
- Tax obligations
- Maintenance requirements
- Distribution coverage
- Post-distribution cash
Important disclosure
Scenario outputs are illustrative modelling of assumptions you control. They are not forecasts, projections of actual results, offers, or guarantees of any distribution. Actual distributions require measured performance, funded reserves and authorised approval.