CALCULATION FOR DEPRICIATION

PARTICULARS

QUANTITY RATES

Total cost

DEPRICIATION at 10%
1st year

Stiching machine
Tricycle
Weighing machine
Electric plastic sealer
Water pump
Waste cutter
Vermicomposting implements

Total

1
3
1
1
1
1

8500
10000
10000
3500
24000
5000

8500
30000
10000
3500
24000
5000
10000

850
3000
1000
350
2400
500
1000

91000

9100

DEPRICIATION at 10%
2nd year
3rd year
765
688.5
2700
2430
900
810
315
283.5
2160
1944
450
405
900
810

8190

7371

INCOME STATEMENT
1st year
Revenue
less:expenses
Wages & salary
Raw material
crop residue
Sanitizer solid &liquid
Earthworms @ Rs20/kg (250 kg in 125 tons)
cow dung (24 tractor trolly/5000kg a trolly)
jute gunny bags
Plastic gunny bag
Phone
Uniform of waste collecter &labor
Transpotation
Electricity
Maintanence charges
Miscellenous expenses
Depriciation
Income before provision of income tax
less: income tax
Net income

1000000

2nd year
1200000

780000

780000

1000
24000
5000
36000
12000
28800
18000
3000
24000
18000
12100
8000
9100

1200
28800
6000
43000
12500
3000
18000

979000

24000
18000
6000
4000
8190

21000
0
21000

247310
0
247310

3rd year
1500000
780000
1200
34500
3000
51640
5000
5000
18000
24000
18000
4000
2000
7371
546289
546289

BALANCE SHEET
LIABILITY

Capital
Netprofit
Bill payble
outstanding expenses
creditors

AMOUNT
1st Yr 2nd yr

3rd yr

ASSETS

300000 300000
21000 247310
20000 50000
25000 15000
900
11400

300000
546289
70050
60000
40000

Land
Plant and machinery
Stiching machine
Tricycle
Weighing machine
Electric plastic sealer
Water pump
Waste cutter
Vermicomposting implements
Cash at bank
Inventory
Bill receivables

366900 623710

1016339

Depriciation
1st yr

8500
30000
10000
3500
24000
5000
10000

850
3000
1000
350
2400
500
1000

Depriciation
2nd yr

765
2700
900
315
2160
450
900

3rd yr

688.5
2430
810
283.5
1944
405
810

Amount
1st Yr

2nd Yr

3rd Yr

100000

100000

100000

7650
27000
9000
3150
21600
4500
9000

6885
24300
8100
2835
19440
4050
8100

6196.5
21870
7290
2551.5
17496
3645
7290

140000
30000
15000

300000
100000
50000

500000
200000
150000

366900

623710

1016339

Cash flow from the operating activities

1st yesr
2nd year
Cash coming from the customers
less: payment to the suppliers
less:general expenses
salary
phone
uniform of labors
transportation
cash inflow

1000000

3rd year
1200000

1500000

-124800

-164500

-166340

-780000
-18000
-3000
-24000

-949800

-780000
-18000
-3000
-35000 -1000500

-800000
-18000
-3000
-35000 -1022340

50200

199500

477660