Cold Mountain Vineyard, Inc.
Capital Budget
Years Ending December 31, 2001 To 2010
Note: Depreciation is computed using the straight line method and half year option.  Do not use for tax purposes
		Beginning		Year Ending December 31, 2001																Year Ending December 31, 2002								Year Ending December 31, 2003								Dec-31			Dec-31			Dec-31			Dec-31			Dec-31			Dec-31			Dec-31
		Balance		Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec		Total			Q1	Q2	Q3	Q4		Total			Q1	Q2	Q3	Q4		Total			2004			2005			2006			2007			2008			2009			2010
Property & Equipment Additions
	Barrels - New	$             50,872		$       14,625	$                -	$                -	$                -	$                -	$                -	$                -	$                -	$                -	$       20,475	$                -	$                -		$         35,100			$           9,214	$                  -	$                  -	$                  -		$           9,214			$                  -	$                  -	$                  -	$         22,574		$         22,574			$         30,474			$             28,443			$         31,998			$         28,443			$         24,887			$         21,332			$         28,443
	Barrels - Used	25,436		-	-	-	-	-	-	-	-	-	-	-	-		-			-	-	-	-		-			-	-	-	-		-			-			-			-			-			-			-			-
	Crushing Equipment	-											-				-								-								-			25,000
	Vineyard Equipment	23,672															-								-					10,000			10,000						20,000			5,000			5,000			15,000			10,000
	Cellar Equipment	265,691							8,000 [1]	1,500 [2]		5,000 [3]		-			14,500				5,000 [4]				5,000				10,000 [5]				10,000			30,000			50,000
	Hospitality Suite	8,809															-								-								-
	Office	42,835					2,500 [6]				7,000 [7]						9,500					5,000			5,000				5,000				5,000			5,000			5,000
	Vineyard & Appurtenances	-															-								-								-															200,000						225,000
	Land	-
	Land Improvements	-						2,500 [8]									2,500								-					25,000			25,000			25,000 [9]			25,000						55,000
	Buildings	-															-								-								-
	Building Improvements	7,116												10,000 [10]			10,000								-								-			100,000															25,000
	TOTAL	$           424,431		$       14,625	$                -	$                -	$         2,500	$         2,500	$         8,000	$         1,500	$         7,000	$         5,000	$       20,475	$       10,000	$                -		$         71,600			$           9,214	$           5,000	$           5,000	$                   -		$         19,214			$                   -	$         15,000	$         35,000	$         22,574		$         72,574			$       215,474			$           128,443			$         36,998			$         88,443			$       239,887			$         56,332			$       253,443
Annual Deprecation
7	Barrels - New	$           (30,000)		$          (613)	$          (613)	$          (613)	$          (613)	$          (613)	$          (613)	$          (613)	$          (613)	$          (613)	$          (613)	$          (613)	$          (613)		$         (7,352)			$         (2,629)	$         (2,629)	$         (2,629)	$         (2,629)		$       (10,517)			$         (3,197)	$         (3,197)	$         (3,197)	$         (3,197)		$       (12,788)			$       (16,577)			$           (17,433)			$       (20,258)			$       (22,543)			$       (21,814)			$       (21,950)			$       (23,235)
7	Barrels - Used	(9,000)		(202)	(202)	(202)	(202)	(202)	(202)	(202)	(202)	(202)	(202)	(202)	(202)		(2,422)			(606)	(606)	(606)	(606)		(2,422)			(606)	(606)	(606)	(606)		(2,422)			(2,422)			(2,422)			(2,422)			(1,901)			-			-			-
7	Crushing Equipment	-		-	-	-	-	-	-	-	-	-	-	-	-		-			-	-	-	-		-			-	-	-	-		-			(1,786)			(3,571)			(3,571)			(3,571)			(3,571)			(3,571)			(3,571)
7	Vineyard Equipment	(17,000)		(188)	(188)	(188)	(188)	(188)	(188)	(188)	(188)	(188)	(188)	(188)	(188)		(2,254)			(564)	(564)	(564)	(564)		(2,254)			(719)	(719)	(719)	(719)		(2,877)			(1,429)			(2,857)			(4,643)			(5,000)			(6,071)			(7,857)			(7,857)
7	Cellar Equipment	(203,559)		(2,195)	(2,195)	(2,195)	(2,195)	(2,195)	(2,195)	(2,195)	(2,195)	(2,195)	(2,195)	(2,195)	(2,195)		(26,340)			(6,933)	(6,933)	(6,933)	(6,933)		(27,732)			(3,756)	(3,756)	(3,756)	(3,756)		(15,024)			(6,357)			(12,071)			(15,643)			(15,643)			(14,607)			(13,214)			(12,143)
7	Hospitality Suite	(2,200)		(105)	(105)	(105)	(105)	(105)	(105)	(105)	(105)	(105)	(105)	(105)	(105)		(1,258)			(315)	(315)	(315)	(315)		(1,258)			(315)	(315)	(315)	(315)		(1,258)			(1,258)			(1,258)			(317)			-			-			-			-
5	Office	(36,000)		(555)	(555)	(555)	(555)	(555)	(555)	(555)	(555)	(555)	(555)	(555)	(555)		(6,661)			(881)	(881)	(881)	(881)		(3,524)			(850)	(850)	(850)	(850)		(3,400)			(4,400)			(5,400)			(4,950)			(3,500)			(2,500)			(1,500)			(500)
25	Vineyard & Appurtenances	-		-	-	-	-	-	-	-	-	-	-	-	-		-			-	-	-	-		-			-	-	-	-		-			-			-			-			-			(4,000)			(8,000)			(12,500)
32	Land Improvements	-		(3)	(3)	(3)	(3)	(3)	(3)	(3)	(3)	(3)	(3)	(3)	(3)		(40)			(20)	(20)	(20)	(20)		(79)			(119)	(119)	(119)	(119)		(476)			(1,270)			(2,063)			(1,667)			(1,667)			(1,667)			(1,667)			(1,667)
32	Buildings	-		-	-	-	-	-	-	-	-	-	-	-	-		-			-	-	-	-		-			-	-	-	-		-			-			-			(794)			(794)			(794)			(794)			(794)
32	Building Improvements	(5,000)		(32)	(32)	(32)	(32)	(32)	(32)	(32)	(32)	(32)	(32)	(32)	(32)		(385)			(2,765)	(2,765)	(2,765)	(2,765)		(11,061)			(3,333)	(3,333)	(3,333)	(3,333)		(13,331)			(18,708)			(21,151)			(23,976)			(26,261)			(25,532)			(25,668)			(26,810)
																									-
	TOTAL	$         (302,759)		$       (3,893)	$       (3,893)	$       (3,893)	$       (3,893)	$       (3,893)	$       (3,893)	$       (3,893)	$       (3,893)	$       (3,893)	$       (3,893)	$       (3,893)	$       (3,893)		$       (46,713)			$       (14,712)	$       (14,712)	$       (14,712)	$       (14,712)		$       (58,849)			$       (12,894)	$       (12,894)	$       (12,894)	$       (12,894)		$       (51,578)			$       (54,207)			$           (68,228)			$       (78,240)			$       (80,880)			$       (80,556)			$       (84,221)			$       (89,076)
Departmental Allocations
	Cellar																(26,724)								(38,793)								(28,355)			(25,065)			(33,222)			(40,412)			(42,698)			(40,933)			(39,676)			(39,746)
	Vineyard																(2,294)								(2,334)								(3,354)			(2,698)			(4,921)			(6,310)			(6,667)			(11,738)			(17,524)			(22,024)
	Harvest																0								0								0			(1,786)			(3,571)			(3,571)			(3,571)			(3,571)			(3,571)			(3,571)
	Barrel																(9,775)								(12,940)								(15,210)			(19,000)			(19,855)			(22,680)			(24,444)			(21,814)			(21,950)			(23,235)
	G&A																(7,920)								(4,782)								(4,658)			(5,658)			(6,658)			(5,267)			(3,500)			(2,500)			(1,500)			(500)
	Total																$       (46,713)								$       (58,849)								$       (51,578)			$       (54,207)			$           (68,228)			$       (78,240)			$       (80,880)			$       (80,556)			$       (84,221)			$       (89,076)