You are on page 1of 12

1st Case

DATE
YEAR
BUILDING
MACHINERY & EQUIPMENT
NET WORKING CAPITAL (NWC)
CHANGE IN THE NET WC (NWC)

3/31/1965
1
₹ 80.00
₹ 120.00
₹ 329.00
₹ 329.00

GROSS SALES
DEDUCTIONS
NET SALES
COGS
GROSS PROFIT
ADVERTISING EXPENSE
START-UP COST (SUNK COST)
OTHERS (SUNK COST)
ADJSUTMENTS (OPPORTUNITY COST)
EBITDA
DEPRECIATION
EBIT
INTEREST
PBT

₹ 2,200.00
₹ 88.00
₹ 2,112.00
₹ 1,100.00
₹ 1,012.00
₹ 1,100.00
₹ 15.00
₹ 360.00
₹ 180.00
₹ 643.00
₹ 19.00
₹ 662.00
₹ 0.00
₹ 662.00

CARRYFORWARD LOSSES
PBT AFTER SET OFF
TAX @ 30%
ADD: INVESTMENT CREDIT
PAT
INITIAL OUTLAY
OPERATING CASH FLOWS
TERMINAL CASH FLOW

₹ 0.00
₹ 662.00
₹ 0.00
₹ 1.00
₹ 661.00
₹ 1,171.00

NET CASH FLOWS

₹ 1,171.00

IRR

12.43%

NPV

INTEREST RATE

00 ₹ 0.00 ₹ 1.200.00 ₹ 329.00 ₹ 662.89 5% 6% 7% 8% 9% 10% 11% 12% 13% 14% 15% 16% 17% 18% 19% 20% CASE 2 DATE YEAR BUILDING MACHINERY & EQUIPMENT NET WORKING CAPITAL (NWC) CHANGE IN THE NET WC (NWC) 3/31/1965 1 ₹ 213.36 ₹ 167.100.00 ₹ 19.00 ₹ 643.35 ₹ 94.26 ₹ 380.24 ₹ 251.07 ₹ 340.00 ₹ 88.00 ₹ 2.91 ₹ 95.012.36 ₹ 245.₹ 615.15 ₹ 202.00 ₹ 360.00 ₹ 1.112.64 ₹ 512.00 ₹ 1.38 ₹ 328.00 ₹ 180.95 ₹ 417.56 ₹ 27.00 ₹ 662.00 ₹ 440.100.00 .61 ₹ 150.14 ₹ 297.00 ₹ 329.00 GROSS SALES DEDUCTIONS NET SALES COGS GROSS PROFIT ADVERTISING EXPENSE START-UP COST (SUNK COST) OTHERS (SUNK COST) ADJSUTMENTS (OPPORTUNITY COST) EBITDA DEPRECIATION EBIT INTEREST PBT ₹ 2.00 ₹ 15.93 ₹ 35.

00 ₹ 662.00 ₹ 360.00 ₹ 1.CARRYFORWARD LOSSES PBT AFTER SET OFF TAX @ 30% ADD: INVESTMENT CREDIT PAT INITIAL OUTLAY OPERATING CASH FLOWS TERMINAL CASH FLOW NET CASH FLOWS IRR ₹ 0.012.00 ₹ 662.100.00 ₹ 662.62% case 3 DATE YEAR BUILDING MACHINERY & EQUIPMENT NET WORKING CAPITAL (NWC) CHANGE IN THE NET WC (NWC) 3/31/1965 1 ₹ 213.00 ₹ 329.00 ₹ 661.00 ₹ 0.00 .00 ₹ 2.00 ₹ 329.112.00 ₹ 0.00 ₹ 88.5% START-UP COST (SUNK COST) OTHERS (SUNK COST) ADJSUTMENTS (OPPORTUNITY COST) EBITDA DEPRECIATION EBIT INTEREST PBT ₹ 2.00 ₹ 1.00 ₹ 1.00 ₹ 661.00 ₹ 19.00 ₹ 1.00 CARRYFORWARD LOSSES PBT AFTER SET OFF TAX @ 30% ADD: INVESTMENT CREDIT PAT ₹ 0.00 ₹ 1.00 ₹ 662.00 GROSS SALES DEDUCTIONS NET SALES COGS GROSS PROFIT ADVERTISING EXPENSE ADDITIONAL OVERHEAD EXPENSES .00 ₹ 0.624.00 ₹ 180.00 ₹ 1.00 ₹ 15.00 6.100.00 ₹ 0.624.200.00 ₹ 440.00 ₹ 643.00 ₹ 1.

28% .00 IRR 1.00 NET CASH FLOWS ₹ 1.624.624.INITIAL OUTLAY OPERATING CASH FLOWS TERMINAL CASH FLOW ₹ 1.

00 ₹ 2.00 ₹ 1.00 ₹ 1.30 ₹ 1.00 ₹ 0.00 ₹ 23.00 ₹ 491.00 ₹ 436.00 ₹ 242.THE SUPER PROJECT INCREMENTAL BASIS 3/31/1966 2 ₹ 0.00 ₹ 11.00 ₹ 1.00 ₹ 240.00 ₹ 3.000.104.00 ₹ 1.00 ₹ 147.00 ₹ 0.00 ₹ 176.500.00 ₹ 152.00 ₹ 270.00 ₹ 96.000.00 ₹ 210.00 ₹ 0.00 ₹ 857.00 ₹ 264.00 ₹ 0.00 ₹ 0.400.00 ₹ 700.00 ₹ 0.90 ₹ 0.00 ₹ 230.70 NPV PROFILE ₹ 800.00 ₹ 700.00 ₹ 0.00 ₹ 2.00 ₹ 146.00 ₹ 17.00 ₹ 176.300.00 ₹ 0.00 ₹ 474.00 ₹ 344.00 ₹ 0.00 ₹ 1.00 ₹ 0.600.00 ₹ 147.00 ₹ 450.00 ₹ 0.00 ₹ 0.00 ₹ 0.00 ₹ 355.00 ₹ 90.00 ₹ 490.00 ₹ 230.00 ₹ 491.00 ₹ 255.00 3/31/1968 4 ₹ 0.00 ₹ 437.472.050.00 ₹ 1.00 ₹ 0.00 ₹ 14.00 ₹ 730.00 ₹ 1.00 ₹ 31.00 ₹ 12.00 ₹ 437.00 ₹ 900.00 ₹ 826.500.00 ₹ 1.00 ₹ 0.00 ₹ 1.00 ₹ 450.200.00 ₹ 0.00 ₹ 220.00 ₹ 112.00 ₹ 31.600.200.00 ₹ 240.00 ₹ 13.00 ₹ 730.00 ₹ 2.00 ₹ 241.00 ₹ 153.00 ₹ 435.00 ₹ 200.00 ₹ 3.00 ₹ 0.380.00 ₹ 2.00 ₹ 120.00 ₹ 387.00 ₹ 1.00 3/31/1969 5 ₹ 0.00 ₹ 55.00 ₹ 13.00 ₹ 164.00 ₹ 474.880.00 ₹ 18.00 ₹ 0.00 ₹ 1.00 ₹ 0.10 ₹ 1.00 ₹ 0.00 ₹ 152.00 ₹ 0.00 ₹ 0.00 ₹ 502.00 ₹ 2.00 P&L ₹ 3.00 ₹ 0.00 3/31/1970 6 ₹ 0.00 ₹ 3.00 ₹ 399.00 ₹ 274.00 ₹ 1.00 ₹ 90.00 ₹ 2.00 ₹ 0.00 ₹ 355.00 ₹ 1.288.00 ₹ 7.00 ₹ 30.072.00 ₹ 164.00 ₹ 491.00 ₹ 0.00 ₹ 0.00 ₹ 0.00 ₹ 857.200.196.00 ₹ 1.072.00 ₹ 15.000.688.800.00 ₹ 2.00 ₹ 1.00 ₹ 344.90 ₹ 343.00 ₹ 1.00 ₹ 0.00 ₹ 1.00 .00 ₹ 16.00 ₹ 271.00 ₹ 168.00 ₹ 163.70 ₹ 10.496.00 ₹ 104.00 ₹ 3.00 ₹ 490.380.00 3/31/1971 7 ₹ 0.00 3/31/1967 3 ₹ 0.90 ₹ 343.00 ₹ 3.00 ₹ 0.00 ₹ 270.00 ₹ 705.600.00 ₹ 399.00 ₹ 128.00 ₹ 3.00 ₹ 1.00 ₹ 1.00 ₹ 0.00 ₹ 1.00 ₹ 0.00 3/31/1972 8 ₹ 0.00 ₹ 2.00 ₹ 490.00 ₹ 1.00 ₹ 128.00 ₹ 255.00 ₹ 120.00 ₹ 0.00 ₹ 0.400.880.00 ₹ 50.70 ₹ 10.00 ₹ 167.304.00 ₹ 1.00 ₹ 826.472.00 ₹ 0.00 ₹ 435.00 ₹ 705.00 ₹ 662.00 ₹ 502.

00 ₹ 600.00 3/31/1968 3/31/1969 3/31/1970 4 5 6 ₹ 0.00 ₹ 0.00 ₹ 1.00 ₹ 435.00 ₹ 230.00 ₹ 3.00 ₹ 700.00 ₹ 2.00 ₹ 730.00 ₹ 700.00 ₹ 2.880.400.00 ₹ 600.00 ₹ 152.304.00 ₹ 241.00 ₹ 11.00 ₹ 7.496.00 ₹ 0.00 ₹ 1.00 ₹ 120.00 ₹ 450.00 ₹ 0.00 ₹ 1.00 ₹ 3.00 ₹ 255.00 ₹ 0.00 ₹ 1.00 ₹ 2.00 ₹ 2.00 ₹ 0.00 ₹ 0.00 ₹ 0.00 ₹ 12.00 ₹ 0.072.00 ₹ 0.00 ₹ 0.00 ₹ 128.00 ₹ 1.050.00 ₹ 2.00 ₹ 1.00 ₹ 18.00 ₹ 0.600.00 ₹ 230.072.00 ₹ 437.00 3/31/1967 3 ₹ 0.00 ₹ 0.00 ₹ 274.00 ₹ 1.00 ₹ 490.00 ₹ 0.880.000.00 ₹ 96.00 ₹ 210.00 ₹ 1.00 ₹ 242.00 ₹ 23.00 3/31/1972 8 ₹ 0.00 ₹ 502.00 ₹ 1.200.00 5% 6% 7% 8% 9% 10% 11% 12% 13% ₹ 200.00 ₹ 435.00 ₹ 1.380.472.00 ₹ 13.472.196.00 ₹ 164.00 3/31/1971 7 ₹ 0.00 ₹ 17.00 ₹ 0.00 ₹ 0.00 ₹ 3.00 ₹ 900.00 ₹ 400.00 ₹ 13.00 ₹ 1.00 ₹ 0.00 ₹ 112.00 NPV ₹ 0.00 ₹ 1.00 ₹ 200.00 ₹ 491.NPV PROFILE ₹ 800.00 ₹ 264.00 ₹ 0.00 ₹ 400.00 ₹ 240.00 ₹ 3.00 ₹ 0.00 ₹ 3.00 ₹ 502.00 ₹ 31.600.00 ₹ 0.00 ₹ 1.800.00 ₹ 164.00 ₹ 730.00 ₹ 14.00 ₹ 1.00 ₹ 55.00 ₹ 0.600.00 ₹ 200.00 ₹ 152.00 ₹ 0.00 ₹ 0.00 ₹ 0.500.00 ₹ 15.200.00 ₹ 0.300.00 ₹ 0.000.00 ₹ 240.00 ₹ 0.288.500.00 ₹ 2.380.00 ₹ 255.00 ₹ 450.104.00 ₹ 1.00 14% 15% .00 FACILITIES USED BASIS 3/31/1966 2 ₹ 0.00 ₹ 3.00 ₹ 3.00 ₹ 491.00 ₹ 1.688.00 ₹ 168.00 ₹ 0.400.00 ₹ 1.00 ₹ 31.00 ₹ 437.00 ₹ 490.00 ₹ 271.00 ₹ 128.00 ₹ 0.00 ₹ 0.200.00 ₹ 104.00 ₹ 146.000.00 ₹ 2.00 ₹ 220.00 ₹ 0.00 ₹ 120.00 ₹ 0.00 ₹ 16.00 PROFIT & LOSS STATEMENT ₹ 2.

30 ₹ 1.00 ₹ 1.00 ₹ 420.00 ₹ 220.00 ₹ 1.00 ₹ 120.00 ₹ 288.288.00 ₹ 240.00 ₹ 1.300.00 ₹ 7.90 ₹ 0.00 3/31/1970 6 ₹ 0.00 ₹ 1.00 ₹ 1.00 ₹ 3.00 ₹ 230.00 ₹ 0.000.00 ₹ 128.00 ₹ 2.400.00 ₹ 3.00 ₹ 1.00 ₹ 826.00 ₹ 331.880.00 ₹ 232.00 ₹ 147.00 ₹ 271.90 ₹ 343.00 ₹ 270.00 ₹ 133.00 ₹ 1.70 .00 ₹ 152.196.00 ₹ 705.00 ₹ 242.00 ₹ 133.70 FULLY ALLOCATED BASIS 3/31/1966 2 ₹ 0.00 ₹ 1.00 ₹ 0.00 ₹ 705.00 ₹ 2.00 3/31/1971 7 ₹ 0.00 ₹ 0.00 ₹ 826.00 ₹ 700.00 ₹ 30.00 ₹ 241.70 ₹ 90.00 ₹ 0.00 ₹ 274.00 ₹ 1.00 ₹ 2.00 ₹ 857.00 ₹ 2.00 ₹ 0.00 3/31/1967 3 ₹ 0.00 ₹ 3.00 ₹ 30.00 ₹ 0.00 ₹ 0.00 ₹ 0.00 ₹ 2.496.00 ₹ 0.00 ₹ 1.880.00 ₹ 705.200.00 ₹ 3.00 ₹ 900.00 ₹ 164.00 ₹ 857.00 3/31/1972 8 ₹ 0.00 ₹ 99.00 ₹ 1.00 ₹ 0.00 ₹ 152.500.00 ₹ 3.00 ₹ 167.00 ₹ 0.00 ₹ 342.00 ₹ 50.00 ₹ 0.00 ₹ 164.00 ₹ 150.00 ₹ 300.304.00 ₹ 0.00 ₹ 730.000.00 ₹ 857.00 ₹ 55.00 ₹ 163.00 ₹ 857.00 ₹ 176.₹ 662.90 ₹ 0.00 ₹ 387.00 ₹ 2.104.00 ₹ 255.00 ₹ 210.70 ₹ 90.00 ₹ 491.00 ₹ 344.00 ₹ 153.00 ₹ 1.00 ₹ 0.00 3/31/1968 4 ₹ 0.00 ₹ 0.000.00 ₹ 0.00 ₹ 286.00 ₹ 2.90 ₹ 343.00 ₹ 12.00 ₹ 285.00 ₹ 0.00 ₹ 13.00 ₹ 23.00 ₹ 0.00 ₹ 0.00 ₹ 176.00 ₹ 31.00 ₹ 0.00 p&l ₹ 3.00 ₹ 730.00 ₹ 11.00 ₹ 474.00 ₹ 150.00 ₹ 31.00 ₹ 264.00 ₹ 826.600.00 ₹ 330.400.688.00 ₹ 399.00 ₹ 120.00 ₹ 0.00 ₹ 331.00 ₹ 270.00 ₹ 10.00 ₹ 705.00 ₹ 0.00 ₹ 700.380.10 ₹ 1.00 ₹ 0.050.072.00 ₹ 96.00 ₹ 0.00 ₹ 2.200.600.00 ₹ 399.00 ₹ 1.00 ₹ 1.00 ₹ 0.00 ₹ 1.00 ₹ 0.00 ₹ 13.00 ₹ 355.00 ₹ 1.072.500.00 ₹ 0.00 ₹ 1.00 ₹ 0.00 ₹ 1.00 ₹ 160.00 ₹ 0.00 ₹ 0.00 ₹ 330.00 ₹ 355.00 ₹ 285.00 ₹ 342.00 ₹ 128.00 ₹ 15.00 ₹ 17.600.00 ₹ 10.00 ₹ 1.00 ₹ 0.00 ₹ 160.00 ₹ 0.00 ₹ 0.00 ₹ 1.00 ₹ 153.00 ₹ 0.00 ₹ 104.00 ₹ 163.00 ₹ 14.00 ₹ 0.00 ₹ 1.00 ₹ 1.00 ₹ 0.472.00 ₹ 436.00 ₹ 1.00 3/31/1969 5 ₹ 0.00 ₹ 420.00 ₹ 59.00 ₹ 0.00 ₹ 474.00 ₹ 331.00 ₹ 18.00 ₹ 112.00 ₹ 0.00 ₹ 287.00 ₹ 255.00 ₹ 826.00 ₹ 287.10 ₹ 1.00 ₹ 3.00 ₹ 0.00 ₹ 146.800.00 ₹ 1.00 ₹ 1.00 ₹ 300.00 ₹ 200.00 ₹ 1.00 ₹ 16.00 ₹ 0.00 ₹ 1.00 ₹ 168.00 ₹ 344.472.200.00 ₹ 240.00 ₹ 197.00 ₹ 0.00 ₹ 230.00 ₹ 147.00 ₹ 0.00 ₹ 271.30 ₹ 1.00 ₹ 662.00 ₹ 490.380.

90 ₹ 243.00 ₹ 176.00 ₹ 324.90 ₹ 243.70 ₹ 90.00 ₹ 300.70 .00 ₹ 300.00 ₹ 10.00 ₹ 176.00 ₹ 270.₹ 90.00 ₹ 270.00 ₹ 10.00 ₹ 324.

00 ₹ 0.700.80 ₹ 397.00 ₹ 0.564.00 ₹ 555.00 ₹ 166.80 PROFILE ₹ 397.00 ₹ 166.00 ₹ 554.00 ₹ 0.00 ₹ 136.00 ₹ 3.00 ₹ 1.564.00 ₹ 0.264.00 ₹ 1.00 ₹ 1.80 ₹ 0.00 ₹ 0.3/31/1973 9 ₹ 0.00 ₹ 0.50 ₹ 385.00 ₹ 267.50 .00 ₹ 250.700.00 ₹ 10.50 ₹ 385.00 ₹ 564.00 ₹ 136.00 ₹ 554.400.00 ₹ 0.00 ₹ 555.00 ₹ 250.00 ₹ 3.00 ₹ 12.00 ₹ 564.00 ₹ 750.50 ₹ 0.00 ₹ 555.00 ₹ 0.00 ₹ 267.00 ₹ 554.00 ₹ 9.00 ₹ 3.00 ₹ 387.00 ₹ 0.20 ₹ 0.264.400.00 ₹ 3.00 ₹ 388.00 ₹ 0.00 ₹ 750.00 ₹ 1.00 3/31/1974 10 ₹ 0.

00 ₹ 0.00 ₹ 1.00 ₹ 0.00 3/31/1974 10 ₹ 0.00 ₹ 564.00 ₹ 3.00 ₹ 10.00 ₹ 1.00 ₹ 554.400.00 ₹ 136.700.564.00 ₹ 0.00 ₹ 555.00 ₹ 0.00 ₹ 554.564.00 ₹ 0.00 ₹ 12.00 ₹ 9.00 ₹ 0.700.264.PROFILE NPV INTEREST RATE 13% 14% 15% 16% 17% 18% 3/31/1973 9 ₹ 0.00 ₹ 750.264.00 ₹ 0.00 ₹ 3.00 ₹ 250.00 ₹ 267.00 ₹ 250.00 19% 20% .00 ₹ 1.00 ₹ 3.00 ₹ 564.00 ₹ 0.00 ₹ 3.00 ₹ 0.00 ₹ 1.400.00 ₹ 136.00 ₹ 555.00 ₹ 750.00 ₹ 267.

00 ₹ 385.700.00 ₹ 1.564.00 ₹ 3.00 ₹ 0.00 ₹ 250.00 ₹ 267.564.00 ₹ 394.00 ₹ 384.264.20 ₹ 0.00 ₹ 0.00 ₹ 387.00 ₹ 3.00 ₹ 0.00 ₹ 384.80 ₹ 397.80 ₹ 397.00 ₹ 166.00 ₹ 3.00 ₹ 115.00 ₹ 385.50 ₹ 0.50 ₹ 385.00 ₹ 0.00 ₹ 554.00 ₹ 0.00 ₹ 136.₹ 0.00 ₹ 750.00 ₹ 555.00 ₹ 1.00 ₹ 170.50 3/31/1973 9 ₹ 0.00 ₹ 268.00 ₹ 0.80 ₹ 0.00 ₹ 0.00 ₹ 10.00 ₹ 269.00 ₹ 136.00 ₹ 3.00 ₹ 750.00 ₹ 170.400.00 ₹ 12.700.50 ₹ 385.00 ₹ 394.00 ₹ 388.00 ₹ 250.00 ₹ 0.400.00 ₹ 1.264.00 ₹ 384.20 ₹ 0.00 ₹ 0.00 ₹ 115.00 ₹ 0.50 .00 ₹ 166.80 ₹ 0.50 ₹ 0.00 ₹ 267.00 ₹ 385.00 ₹ 9.00 ₹ 1.00 3/31/1974 10 ₹ 0.

50 .50 ₹ 266.₹ 266.80 ₹ 278.80 ₹ 278.