QUARTERLY REQUIREMENT OF MAIZE

Plant Capacity 80metric tonnes/24hrs

= 1,600 x 50Kg of maize/24hrs
Maize required in a month of 22 working days
1,600 x 22 = 35,200 x 50Kg of maize
1,760 metric tonnes
Maize required for 3 months
3 months x 35,200= 105,600 x 50Kg of maize
5,280 metric tonnes

Maize required for 6 months

6 months x 35200 = 211,200 x 50Kg of maize
10,560 metric tonnes

Maize required for 9 months

9 months x 35200 = 316, 800 x 50Kg of maize
15,840 metric tonnes
Maize required for 12 months/ 1 year
12 months x 35200 = 422,400 x 50Kg of Maize
21,120 metric tonnes

APPENDIX II
PRODUCTION COST
Maize @ K76.5 per 50Kg bag
Product
Yield
Std
Unit
Kg
Kg
B/Fast
25.5
25
R/Meal
17.5
25
Bran
7
25
50
Add Direct Costs
Monthly Monthly
Pdction
Costs
(22days*24hrs)
Maize
Labour
60,544
200,000
Electricity
60,544
25,000
Distribution
60,544
50,000
Water
60,544
10,000
Cotton
60,544
6,000
Empty Bags

Bran
S.Price
Kg

Maize
Cost/Kg
1.78
1.78

Maize
Cost
K
44.5
44.5

Bran
Gain
K

0.72

7.2

Break
Fast

Roller
Meal

44.5
3.30
0.412923
0.825846
0.165169
0.099101
2
51.30642

44.5
3.30
0.412923
0.825846
0.165169
0.099101
2
51.30642
7.2
51.3064 44.1064
60
46
8.69358 1.89358

Less Bran Gains

Marginal Cost/25kg
Current SP
Contribution/25Kg
Note:
*All the above calculations are based on full capacity that is at 24hrs
per day, however, currently we working at 12hrs per day.
*Cost per kg of maize is cost of 50kg bag divied by 86% of 50kg, 86% being
extraction rate.
*Bran gain is 7kg bran multiplied by 25kg of roller meal, divided by 17.5kg which is
the std yield in 50kg bag of maize multiplied by selling price for 25kg of bran.
*Monthly production units are obtained by taking into consideration the 80ton/24hrs
capacity, extraction rate at 86%, 22 working days and 24hrs in each day.
*The above costings shows that 86.73% of mealie meal cost is from maize hence
the need to seriuosly consider cheaper sources of maize.

ze hence

APPENDIX I

INPUT COSTINGS
MONTH
MAIZE
50Kg
March
35,200
April
35,200
May
35,200
June
35,200
of Maize for four months period.

TOTAL REVENUE
Month
B/FAST
Weight
25Kg
S. Price
K60
March
2,112,000
April
2,112,000
May
2,112,000
June
2,112,000

B/FAST
25Kg
39,354
39,354
39,354
39,354

R/MEAL
25Kg
21,190
21,190
21,190
21,190

R/MEAL
25Kg
K46
1,810,284
1,810,284
1,810,284
1,810,284

M/BRAN
25KG
K18
152,064
152,064
152,064
152,064

M/BRAN
25Kg
8,448
8,448
8,448
8,448

TOTAL
M/Meal
60,544
60,544
60,544
60,544

Note: Mealie meal split ratio is at 65% for Break fast and 35% for Roller meal.

Maize
Packaging
K76.5/50Kg
K2/bag
2,692,800 121,088
2,692,800 121,088
2,692,800 121,088
2,692,800 121,088
10,771,200.00

for Roller meal.

POWER
K
25,000
25,000
25,000
25,000

Water
K
10,000
10,000
10,000
10,000

D/bution
K
50,000
50,000
50,000
50,000

Cotton D. Labour
K
K
6,000 200,000
6,000 200,000
6,000 200,000
6,000 200,000

Total
K
3,104,888
3,104,888
3,104,888
3,104,888

APPENDIX III
CASH FLOW ANALYSIS
OPENING BALANCE
MATERIALS
ADMIN
DISTRIBUTION
ELECTRICITY
WATER
LABOUR

March
April
May
3,119,888
4,074,348
5,023,808
2,819,888
2,819,888
2,819,888
20,000
20,000
20,000
50,000
50,000
50,000
25,000
25,000
25,000
10,000
10,000
###
200,000
200,000
###
-

REVENUE
B/FAST
R/MEAL
M/BRAN
NET CASH FLOW

5,000

949,460

2,112,000
1,810,284
152,064

2,112,000
1,810,284
152,064

4,074,348

5,023,808

1,898,920
###
###
###
5,973,268

PROFIT & LOSS PROJECTIONS

PROFIT & LOSS
MARCH
APRIL
MAY
REVENUE
BREAK FAST
2,112,000.00
2,112,000.00
2,112,000.00
ROLLER MEAL
1,810,284.00
1,810,284.00
1,810,284.00
M/BRAN
152,064.00
152,064.00
152,064.00
COST OF SALES
3,104,888.00
3,104,888.00
3,104,888.00
GROSS PROFIT
969,460.00
969,460.00
969,460.00
Provisional loss @ 2% of GP
19,389.20
19,389.20
19,389.20
DEPRECIATION
15,000.00
15,000.00
15,000.00
ADMIN
20,000.00
20,000.00
20,000.00
SALARIEES
184,000.00
184,000.00
###
PROFIT BEFORE TAX
TAX @35%
NET PROFIT
GROSS PROFIT MARGIN
NET PROFIT MARGIN

731,070.80
255,874.78
475,196.02

731,070.80
255,874.78
475,196.02

731,070.80
255,874.78
475,196.02

0.24
0.12

0.24
0.12

0.24
0.12

The above projections assumes that there won't be adverse drastic changes in the cost of
raw materials in the subsequent months.

June

Totals
5,973,268
2,819,888
20,000
50,000
25,000
10,000
200,000

11,279,552
80,000
200,000
100,000
40,000
800,000

2,848,380
2,112,000
1,810,284
152,064
6,922,728

JUNE
2,112,000.00
1,810,284.00
152,064.00
3,104,888.00
969,460.00
19,389.20
15,000.00
20,000.00
184,000.00
731,070.80
255,874.78
475,196.02

s in the cost of

0.24
0.12

8,448,000
7,241,136
608,256