D/S Cover Computation

Trading Profit & Loss A/C

Particulars Turnover Less: Cost of Sales Gross Profit Administative Expences Selling & Distribution Expences Financial Cost Net Profit

Certified "000" 2009/2010 5,414 3,568 1,846 715 638 16 477

Certified "000" 2010/2011 16,375 11,175 5,200 909 978 191 3,122

Balance Sheet
Particulars Non Current Assets Property, Plant & Equipment

Certified "000" 2009/2010

Certified "000" 2010/2011

4,770 4,770

4,897 4,897

Current Assets Clossing Stock Debtors Mrs. Herath Saving A/C Cash in Hand 435 1338 1103 440 2,881 7,778

279 714 5,484

Total Assets Equity & Liabilities Capital Account Capital Account Capital Inroduction Add: Accumaleted Profit Retained Earnings Profit for the Year Less: Drawings Non Current Liabilities DVB Loan No 43588/1 Current Liabilities Accrued Expenses Bank Overdraft-(DVB) Bank Overdraft-(DVB)

5,150

5,150

477 -684 4,943

-206 3,122 -880 7,186

37 504 541

41 552 593 7,779

Total Equity & Liabilities

5,484

The Financial Statements of Jayanthi Hoal & Bakery is prepared by Gunawardaan & Company in Matale for the purpose Income tax The actual profit is much more than the profit shown for Tax Purpose

Note 01 "000"
Opening Stock Add: Purchases Less: Closing Stock Cost of Good Sold

2009/2010 4,003 435 3,568

2010/2011 435 12078 1,338 11,175

Note 02 Summary of the expenses is given for the calcuation

Computation of D/S cover Ratio (Based on Profit 2011)

Income available for DEBT Service Existing Commitments to Other Banks Instalment of Proposed Facility Interest for the Proposed POD Nil

D/S cover Ratio

Certified "000" 01-APR to 31-JAN 30,230 20,996 9,234 1,327 1,058 290 6,559

Certified "000" 01-APR to 31-JAN

4,753 4,753

6,523 3,403 2 254 10,182 14,935

5,150 315 2,036 6,559 -1,200 12,860 708

45 1,112 210 1,367 14,935

wardaan & Company in Matale for the purpose Income tax

01-APR to 31-JAN 1,338 26,181 6,523 20,996