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Income statement

Monthly
Income: Average Annual
Base Income 125000 1500000
dividend/interest income 12000 144000
Rental Income 12000 144000
Any other income 17500 210000
Total Income 166500 1998000

Expenses/Taxes:
house rent 1000 12000
Groceries 8000 96000
Mortgage Payment/loan payment 8000 96000
Credit Card/Other Pay 2000 24000
Savings 15000 180000
petrol/gas for car 2500 30000
telephone bill 500 6000
electricity bill 600 7200
entertainment, shopping 500 6000
school fees, tuition fees of child 0 0
medical expenses 2000 24000
other expenses 3000 36000
Total Expenses 43100 517200

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Assets Cash 200000 fixed deposit 500000 equity stock 10000 mutual funds 100000 Insurance policies 20000000 Total Current Assets 20810000 Fixed Assets Bike 56000 Other Assets Land 1000000 House 2000000 Total Fixed Assets 3056000 Total Assets 23866000 Liabilities: Current liabilities Liabilities: Credit Card/Other debt 100000 Student Loan 1000000 Total Liabilities 1100000 Long term liabilities 200000 total liabilities 1300000 Total Assets .Total liabilities 22566000 .

tuition fees of child 50000 600000 medical expenses 500 6000 other expenses 1000 12000 Total Expenses 82000 984000 . shopping 10000 120000 school fees.Income statement Income: Monthly Annual Net Income 132903 1594836 dividend/interest income 20000 240000 Interest from bank 50000 600000 House Rental Income 5000 60000 Total Income 207903 2494836 Expenses/Taxes: house rent 5500 66000 Groceries 10000 120000 Mortgage Payment/loan payment 0 0 Credit Card/Other Pay 0 0 Savings 0 0 petrol/gas for car 2000 24000 telephone bill 1000 12000 electricity bill 2000 24000 entertainment.

Total liabilities = Net worth .Balance sheet Assets Cash 2000000 fixed deposit 1000000 48000 30000 equity stock 200000 mutual funds 200000 pension plan 20000/m no Insurance policies 1000000 100000 Total Current Assets Fixed Assets vehicle 485000 100000 Other Assets 0 Land 10000000 10000000 House 2000000 Total Fixed Assets Total Assets Liabilities: Current liabilities Liabilities: Credit Card/Other debt 0 Student Loan 0 Total Liabilities 0 Long term liabilities 0 total liabilities 0 Total Assets .

40 yrs is benificial .

tuition fees of child 0 medical expenses 600 other expenses 1000 Total Expenses .66 20000 Rental Income Any other income Total Income Expenses/Taxes: house rent 0 Groceries 1000 Mortgage Payment/loan payment 0 Credit Card/Other Pay 0 Savings 0 petrol/gas for car 700 telephone bill 1000 electricity bill 1500 entertainment. shopping 5000 school fees.Income statement Monthly Income: Average Annual Net Income 55000 dividend/interest income 1666.

Total liabilities = Net worth .Assets Cash 200000 fixed deposit 280000 6.95% equity stock 0 mutual funds 0 Insurance policies 370000 Total Current Assets Fixed Assets Bike 0 Other Assets 0 Land 0 House 0 Total Fixed Assets 0 Total Assets Liabilities: Current liabilities Liabilities: Credit Card/Other debt 0 Student Loan 0 Total Liabilities 0 Long term liabilities 0 total liabilities 0 Total Assets .

Income statement Monthly Income: Average Annual Net Income 70000 dividend/interest income Interest from bank 1000 House Rental Income Total Income Expenses/Taxes: house rent Groceries 4000 Mortgage Payment/loan payment Credit Card/Other Pay Savings petrol/gas for car 500 telephone bill 1000 electricity bill 800 entertainment. shopping 1000 school fees. tuition fees of child medical expenses 500 other expenses 2000 Total Expenses .

Balance sheet Assets Cash 100000 50000 fixed deposit 1000000 48000 30000 equity stock 200000 mutual funds 200000 pension plan 20000/m no Insurance policies 1000000 100000 Total Current Assets Fixed Assets vehicle 485000 100000 Other Assets 0 Land 10000000 10000000 House 2000000 Total Fixed Assets Total Assets Liabilities: Current liabilities Liabilities: Credit Card/Other debt 0 Student Loan 0 Total Liabilities 0 Long term liabilities 200000 total liabilities 1300000 Total Assets .Total liabilities = Net 22566000 .

40 yrs is benificial .

Puducherry Marital status : Married Dependents : 3.Name : Pramode Balakrishnan Age : 58 years Gender : Male Nationality : Indian Occupation : Engineer Location : Karaikal. Spouse and 2 sons Home ownership : Own .