A STONE CRUSHING

UNIT

PROJECT REPORT
OF
LAXMI STONE
CRUSHER

VILLAGE SARGIPAL,
JAGDALPUR, BASTAR, C.G.
 CHAPTER – I
PROJECT AT A GLANCE

1 Name of proposed Unit M/s LAXMI STONE CRUSHER

2 Status Properietorship Firm
3 Address
Regd. Office Village Sargipal, Jagdalpur
Bastar, C.G.

Factory Address Village Sargipal, Jagdalpur

Bastar, C.G.

4 Name of the Promoter/Partner Praveen Mashi

5 Product Mix Stone Chips
6 Licensed Capacity 36000 MT per hous (with one shift of 8 hours)
Installed Capacity 36000 MT per hous (with one shift of 8 hours)

(Rs. In Lacs)
7 PROJECT COST AMOUNT
Leasehold Land 0.00
Factory Shed & Building 4.60
Plant & Machinery 17.85
Electrical Installation 1.50
Working Capital 1.05
TOTAL 25.00

8 MEANS OF FINANCE
Promoters Contribution 1.25
Term Loan from Bank 22.75
Working Capital Loan 1.00
TOTAL 25.00

9. Capacity Utilisation :
1st Year 45%
2nd Year 50%
3rd Year 55%

10. No. of Working Days : 300 Days

11. No. of Shift : 1Shift og 8 Hours
12. Promoters Margin : 5%

M/s Laxmi stone Crusher, Village Sargipal, Jagdalpur, Bastar.

13. Implementation Period : 5 Months

14. Average D.S.C.R. : 1.99

15. Repayment Period : 60 Monthly Installments +
5 Months Moratorium Period

INTRODUCTION : -

M/s Laxmi Stone Crusher is a proprietorship firm is established to carry out the business of

Manufacturing of Stone Chips. Shri Praveen Mashi is the proprietor of the firm. He is experienced

business people, having engaged in this line of activity since last 3 years. The firm is planning to put

up an Stone Crushing unit at village Sargipal, Jagdalpur, Bastar, Chhattisgarh with the capacity of

36000 MT p.a. (with one shift of 8 hours for 300days) The Capacity of Plant is expandable with

increase in shift ours. The total project cost is estimated at Rs. 25.00 Lacs.

The unit has already got provisional registration with DIC. Approval from CSEB, Lease hold land

admeasuring 2.88 hectares from mining department Jagdalpur, NOC from Gram Panchayat, Subsidy

from KVIS under PMEGP.

PROJECT : -

Proposed unit will be located at Village Sargipal, Jagdalpur, Bastar, Chhattisgarh, in the existing

leasehold land which is diverted for Industrial purpose. The promoter is applying to the Bank under

Prime Minister Employment Generation Programme (PMEGP) for financial assistance with Subside

of Rs. 875000/-

M/s Laxmi stone Crusher, Village Sargipal, Jagdalpur, Bastar.

PROMOTERS : -

M/s Laxmi Stone Crusher is managed by Mr. Praveen Mashi. He will be involved in the day-to day

operations of the firm. Bio Data of the Promoters is as follows : -

BIO DATA
Name Shri Praveen Mashi
Father’s Name Shri N.K. Mashi
Age 36 Years
Address for communication Kanchan Niwas, Dharampura Phase -01
Ashram Road, Jagdalpur, C.G.
Telephone Number 9424233109
Education Background Graduate
Business profile Shri Praveen Mashi belongs to reputer family of
Jagdalpur. He is a good entrepreneur and
possesses 3 years experience in the field of Stone
Chips industry. He is man of means and fully
capable of running the unit profitably.
Language known Hindi & English

Guarantor : Proposed Guarantor Shri YAMA KAWARE resident of Dharampura, Jagdalpur

M/s Laxmi stone Crusher, Village Sargipal, Jagdalpur, Bastar.

 M/S LAXMI CRUSHER, VILAGGE SARGIPAL, JAGDALPUR PROJECT PROFILE
(PROP. PRAVEEN MASHI)

ASSETS Already TO be Total Conside Mangin Amount Bank

Incurred Incurred (Rs.) red (%) Loan
For
Loan
Land 0.00 0.00 0.00 0.00 0% 0.00 0.00

Shed & Civil Work 0.00 4.60 4.60 4.60 5% 0.23 4.37

Plant and Machinery 0.00 17.85 17.85 17.85 5% 0.89 16.96

Electrical Installation & Deposits 0.00 1.50 1.50 1.50 5% 0.08 1.42

Pre-operative Expenses 0.00 0.00 0.00 0.00 0% 0.00 0.00

Contingencies 0.00 0.00 0.00 0.00 0% 0.00 0.00

0.00 23.95 23.95 23.95 1.20 22.75

Working Capital 0.00 1.05 1.05 SAY 22.75

TOTAL : 0.00 25.00 25.00 23.95

MEANS OF FINANCE Already To be Total

Arranged Arrange (Rs.)
Proprietor’s Capital 0.00 1.26 1.26

Term Loan From

A) BANK TERM LOAN 0.00 22.75 22.75

Working Capital Loan from Bank 0.00 1.00 1.00

Unsecured Loans 0.00 0.00 0.00

TOTAL : 0.00 25.00 25.00

Equity To Total Cost 5% Average D.S.C.R- 1.99

Debt Equity Ration - 18.11 Weighted Average D.S.C.R. 2.88

Term Loan /Fixed Assets - 101%

 M/S LAXMI CRUSHER, VILAGGE SARGIPAL, JAGDALPUR
Statement - 2
PROFITABILITY PROJECTIONS
PARTICULARS Year-1 Year-2 Year-3 Year-4 Year-5
CAPACITY UTILISATION ( % ) 45% 50% 55% 55% 55%
INCOME
Sales 43.16 48.56 53.42 53.48 53.48
Other Income 0.22 0.24 0.27 0.27 0.27
TOTAL………. (A) 43.38 48.80 53.69 53.74 53.74
EXPENDITURE
Opening Stock of RAW Materials 0.00 0.38 0.43 0.47 0.47
Add : Purchases of RAW Materials 20.30 22.19 24.40 24.35 24.35
Less : Closing Stocks of Raw Materials 0.38 0.43 0.47 0.47 0.47
Raw Material Consumed 19.93 22.14 24.35 24.35 24.35
Power & Fuel 0.91 1.02 1.12 1.12 1.12
Other Consumables stores 0.01 0.05 0.06 0.06 0.06
Direct Labour & Wages 10.65 11.71 12.88 12.88 12.88
Repairs & maintenance 0.70 0.77 0.84 0.84 0.84
Other manufacturing expenses 0.22 0.24 0.27 0.27 0.27
Depreciation 3.06 2.63 2.26 1.95 1.68
Direct Cost……… (B) 35.47 38.56 41.78 41.47 41.20

Add : Opening Stock of Work-in-Progress 0.00 0.10 0.11 0.12 0.12

Less : Closing Stock of Work-in-Progress 0.10 0.11 0.12 0.12 0.11
Factory Cost………. 35.37 38.55 41.77 41.47 41.20

Admin. & Selling Expenses-

Salaries to Staff 1.13 1.25 1.37 1.37 1.38
Administration Expenses 1.54 1.68 1.85 1.85 1.85
Selling Expenses 0.66 0.73 0.80 0.80 0.80
Finance Expenses 0.00 0.00 0.00 0.00 0.00
Interest on Term Loan 2.58 2.24 1.47 0.54 0.19
Interest of Working Capital 0.12 0.12 0.12 0.12 0.12
Interest of Unsecured Loan 0.00 0.00 0.00 0.00 0.00
Interest of Seed Money 0.00 0.00 0.00 0.00 0.00
Preliminary exp. W/off 0.00 0.00 0.00 0.00 0.00
Misc. Expenses 0.00 0.00 0.00 0.00 0.00
Cost of Production………. (F) 41.41 44.56 47.39 46.15 45.54
Add : Opening Stock of Finished Goods 0.00 0.58 0.62 0.66 0.64
Less : Closing Stock of Finished Goods 0.58 0.62 0.66 0.64 0.63
Cost of Sales………… (G) 40.83 44.52 47.35 46.17 45.55

Net Profit/(Loss)……….. (A-G) 2.55 4.28 6.34 7.57 8.20

Less : Remuneration to Partners 0.00 0.00 0.00 0.00 0.00
Interest to Partners 0.00 0.00 0.00 0.00 0.00
2.55 4.28 6.34 7.57 8.20
Tax on Above 0.00 0.00 0.00 0.00 0.00

Profit After Tax 2.55 4.28 6.34 7.57 8.20

Less : Equity Dividend @ 0.00 0.00 0.00 0.00 0.00
(Including Dividend Tax)
Transfer to Revenue Reserve (B/S) 2.55 4.28 6.34 7.57 8.20

D.S.C.R. 1.46 1.74 0.76 2.83 3.14

Average D.S.C.R. 1.99
 M/S LAXMI CRUSHER, VILAGGE SARGIPAL, JAGDALPUR
Statement - 3
PROJECTED BALANCE SHEET
(in Lakhs)
CAPITAL & LIABILITIES YEAR-0 YEAR-1 YEAR-2 YEAR-3 YEAR-4 YEAR-5
Promotors Equity 1.26 1.26 1.26 1.26 1.26 1.26
Share Application Money 0.00 0.00 0.00 0.00 0.00 0.00
Revenue Reserves (After Withdrawal if any) 0.00 2.05 5.33 10.66 17.24 24.44
Subsidy Reserves 0.00 8.75 8.75 8.75 8.75 8.75
Secured term Loan from Bank 23.86 20.84 17.82 6.04 3.02 0.00
Seed Money 0.00 0.00 0.00 0.00 0.00 0.00
Unsecured Loan 0.00 0.00 0.00 0.00 0.00 0.00
Working Capital Loan From Bank 0.00 1.00 1.00 1.00 1.00 1.00
Sundry Creditors 0.00 0.00 0.00 0.00 0.00 0.00
Other Current Liabilities 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00

TOTAL 25.12 33.89 34.15 27.71 31.27 35.44

ASSETS YEAR-0 YEAR-1 YEAR-2 YEAR-3 YEAR-4 YEAR-5

Fixed Assets
Gross Block 25.06 25.06 25.06 25.06 25.06 25.06
Less : Depreciation 0.00 3.06 5.69 7.95 9.90 11.59
Net Block 25.06 22.01 19.38 127.11 15.16 13.48

Investments 0.00 0.00 0.00 4.00 9.00 14.00

CURRENT ASSETS
Inventory 0.00 1.05 1.16 1.25 1.23 1.22
Sundry Debtors 0.00 0.00 0.00 0.00 0.00 0.00
Cash in hand/With Bank 0.05 2.08 4.86 5.35 5.87 6.74
Other Current Assets 0.00 8.75 8.75 0.00 0.00 0.00
Loan & Advances & Deposits 0.00 0.00 0.00 0.00 0.00 0.00

Misc. Expenses not W/off 0.00 0.00 0.00 0.00 0.00 0.00

Debit Balance in P & L A/c 0.00 0.00 0.00 0.00 0.00 0.00

TOTAL 25.12 33.89 34.15 27.71 31.27 35.44

0.00 0.00 0.00 0.00 0.00 0.00

Diff. dur to Rounding off

Current Ratio----------> 2.96 1.16 1.64 1.77 1.98

 M/S LAXMI CRUSHER, VILAGGE SARGIPAL, JAGDALPUR
Statement - 4
DEBT SERVICE COVERAGE RATION

PARTICULARS YEAR-1 YEAR-2 YEAR-3 YEAR-4 YEAR-5

2.55 4.28 6.34 7.57 8.20
Profit after Taxation but before Dividend
Add : Depreciation 3.06 2.63 2.26 1.95 1.68
Interest on Term Loan 2.58 2.24 1.47 0.54 0.19
Net Cash on Accrual (A) 8.19 9.15 10.07 10.06 10.07
Less : Repayment of
Term Loan from Bank 3.02 3.02 3.02 3.02 3.02
Subsidy Adjustment 0.00 0.00 8.75 0.00 0.00
Interest on Term Loan 2.58 2.24 1.47 0.54 0.19

Net Cash on Paid (B) 5.61 5.26 13.24 3.56 3.21

Debt Service Coverage Ration 1.46 1.74 0.76 2.86 3.14

Average D.S.C.R. 1.99

Weighted Average D.S.C.R 2.28

 M/S LAXMI CRUSHER, VILAGGE SARGIPAL, JAGDALPUR
Statement - 5
CASH FLOW STATEMENT

PARTICULARS YEAR-0 YEAR-1 YEAR-2 YEAR-3 YEAR-4 YEAR-5

Opening Balance 0.00 0.05 2.08 4.86 5.35 5.87

SOURCES OF FUNDS
Net Profit before tax with Interest
added back but after Dep. & Dividend 0.00 5.25 6.64 7.93 8.23 8.51
Increases in Capital (Promotor’s+Public) 1.26 0.00 0.00 0.00 0.00 0.00
Depreciation 0.00 3.06 2.63 2.26 1.95 1.68
Increase in long term borrowings 23.86 0.00 0.00 0.00 0.00 0.00
Increase in Unsecured loans 0.00 0.00 0.00 0.00 0.00 0.00
Increase in bank borrowings for W.C. 0.00 1.00 0.00 0.00 0.00 0.00
Special Capital Incentive (Subsidy) 0.00 0.00 0.00 8.75 0.00 0.00
Seed Money 0.00 0.00 0.00 0.00 0.00 0.00
Increase in current Liabilities 0.00 0.00 0.00 0.00 0.00 0.00
Decrease in Current Assets 0.00 0.00 0.00 0.00 0.02 0.01

TOTAL (A) 25.12 9.36 11.35 23.81 15.55 16.07

APPLICATION OF FUNDS
Preliminary Expenses 0.00 0.00 0.00 0.00 0.00 0.00
Increase in capital expenditure 25.06 0.00 0.00 0.00 0.00 0.00
Increase in current assets 0.00 1.05 0.11 0.09 0.00 0.00
Decrease in Term Loan From Bank 0.00 3.02 3.02 11.77 3.02 3.02
Decrease in Term Loan From Others 0.00 0.00 0.00 0.00 0.00 0.00
Increase in Investments 0.00 0.00 0.00 4.00 5.00 5.00
Interest on Loans 0.00 2.70 2.36 1.59 0.66 0.31
Tax Liability 0.00 0.00 0.00 0.00 0.00 0.00
Decrease in current Liabilities 0.00 0.00 0.00 0.00 0.00 0.00
Increase in Adv to Suppliers 0.00 0.00 0.00 0.00 0.00 0.00
Withdrawals/Commission 0.00 0.50 1.00 1.00 1.00 1.00
Fixed Deposits- Subsidy 0.00 0.00 0.00 0.00 0.00 0.00
Decrease in Working Capital Loan 0.00 0.00 0.00 0.00 0.00 0.00

TOTAL (B) 25.06 7.28 6.48 18.45 9.68 9.33

Closing Balance (A-B) 0.05 2.08 4.86 5.35 5.87 6.74

 M/S LAXMI CRUSHER, VILAGGE SARGIPAL, JAGDALPUR
Statement - 6
COMPUTATION OF WORKING CAPITAL

PARTICULARS Days Margin YEAR-1 YEAR-2 YEAR-3 YEAR-4 YEAR-5

A) CURRENT ASSETS :
Stock of Raw Material 7 0.38 0.43 0.47 0.47 0.47
Stock of W.I.P. 1 0.10 0.11 0.12 0.12 0.11

Stock of Finished Goods 5 0.58 0.62 0.66 0.64 0.63

By Product 0 0.00 0.00 0.00 0.00 0.00

Debtors 0 0.00 0.00 0.00 0.00 0.00

By Product 0.00 0.00 0.00 0.00 0.00

TOTAL (A) 1.05 1.16 1.25 1.23 1.22

B) CURRENT LIABLITIES :

Creditors for Purchase 0 0% 0.00 0.00 0.00 0.00 0.00

TOTAL (B) 0.00 0.00 0.00 0.00 0.00

NET WORKING CAPITAL (lst Method) – (A-B) 1.05 1.16 1.25 1.23 1.22
0 0.00 0.00 0.00 0.00 0.00
0

Method of Working Capital – I

Financed as under ;

Loan from Bank 95% 1.00 1.00 1.00 1.00 1.00

Promoter’s COntribution 5% 0.05 0.16 0.25 0.23 0.22
 M/S LAXMI CRUSHER, VILAGGE SARGIPAL, JAGDALPUR
Statement - 7
COMPUTATION OF BREA EVEN POINT

PARTICULARS YEAR-1 YEAR-2 YEAR-3 YEAR-4 YEAR-5

A) FIXED AND SEMI VARIABLE COST

Finance Expenses 0.00 0.00 0.00 0.00 0.00
Interest on Term Loan 2.58 2.24 1.47 0.54 0.19
Interest 0n Unsecured Loans 0.00 0.00 0.00 0.00 0.00
Direct Labour Wages 25% 2.66 2.93 3.22 3.22 3.22
Repairs & Maintenance 10% 0.07 0.08 0.08 0.08 0.08
Other manufacturing Expenses 10% 0.02 0.02 0.03 0.03 0.03
Depreciation 3.06 2.63 2.26 1.95 1.68
Admin & Selling Expenses 15% 0.50 0.55 0.60 0.60 0.60

Total Fixed Cost (A) 8.90 8.44 7.67 6.42 5.81

B) VARIABLE COST

R/M Cons+Op. WIP+OP.F/G-CI. WIP-CI.F/G 19.25 22.09 24.31 24.37 24.36

Power & Fuel 0.91 1.02 1.12 1.12 1.12
Other Consumables stores 0.01 0.05 0.06 0.06 0.06
Direct Labour & wages 75% 7.99 8.78 9.66 9.66 9.66
Repairs & maintenance 90% 0.63 0.63 0.76 0.76 0.76
Other Manufacturing Expenses 90% 0.20 0.22 0.24 0.24 0.24
Admin & Selling Expenses 85% 2.83 3.11 3.42 3.42 3.42
Interest on Working Capital 0.12 0.12 0.12 0.12 0.12

Total Fixed Cost (A) 31.94 36.08 39.68 39.75 39.74

C) Sales 43.38 48.80 53.69 53.74 53.74

D) Contribution 11.44 12.72 14.01 14.00 14.01
E) P/V Ratio (D/C x 100) 26% 26% 26% 26% 26%
F) Brake even point (A/E) 33.72 32.39 29.40 24.66 22.28
G) B.E.P (% OF SALES) (F/C X 100) 78% 66% 55% 46% 41%
B.E.P. at 100% Capacity 35% 33% 30% 25% 23%
 Statement – 10
M/S LAXMI CRUSHER, VILAGGE SARGIPAL, JAGDALPUR
PRINCIPAL REPAYMENT OF AND INTEREST ON TERM LOAN (in lakhs)
YEAR MONTH PARTICULARS LOAN
DEBIT CREDIT BALANCE
Term Loan 0.00 22.75 22.75
0 Nov-10 To Interest 0.00 0.22 22.97
Dec-10 To Interest 0.00 0.22 23.19
Jan-11 To Interest 0.00 0.22 23.41
Feb-11 To Interest 0.00 0.22 23.63
Mar-11 To Interest 0.00 0.23 23.86
1 Apr-11 To Principal & Interest 0.48 0.23 23.61
May-11 To Principal & Interest 0.48 0.23 23.36 0.25
Jun-11 To Principal & Interest 0.48 0.22 23.11 0.25
Jul-11 To Principal & Interest 0.47 0.22 22.85 0.25
Aug-11 To Principal & Interest 0.47 0.22 22.60 0.25
Sep-11 To Principal & Interest 0.47 0.22 22.35 0.25
Oct-11 To Principal & Interest 0.47 0.21 22.10 0.25
Nov-11 To Principal & Interest 0.46 0.21 21.85 0.25
Dec-11 To Principal & Interest 0.46 0.21 21.59 0.25
Jan-12 To Principal & Interest 0.46 0.21 21.34 0.25
Feb-12 To Principal & Interest 0.46 0.20 21.09 0.25
Mar-12 To Principal & Interest 0.45 0.20 20.84 0.25
2 Apr-12 To Principal & Interest 0.45 0.20 20.59 0.25
May-12 To Principal & Interest 0.45 0.20 20.34 0.25
Jun-12 To Principal & Interest 0.45 0.19 20.08 0.25
Jul-12 To Principal & Interest 0.44 0.19 19.83 0.25
Aug-12 To Principal & Interest 0.44 0.19 19.58 0.25
Sep-12 To Principal & Interest 0.44 0.19 19.33 0.25
Oct-12 To Principal & Interest 0.44 0.19 19.08 0.25
Nov-12 To Principal & Interest 0.43 0.18 18.82 0.25
Dec-12 To Principal & Interest 0.43 0.18 18.57 0.25
Jan-13 To Principal & Interest 0.43 0.18 18.32 0.25
Feb-13 To Principal & Interest 0.43 0.18 18.07 0.25
Mar-13 To Principal & Interest 0.43 0.17 17.82 0.25
3 Apr-13 To Principal & Interest 0.42 0.17 17.56 0.25
May-13 To Principal & Interest 0.42 0.17 17.31 0.25
Jun-13 To Principal & Interest 0.42 0.17 17.06 0.25
Jul-13 To Principal & Interest 0.42 0.16 16.81 0.25
Aug-13 To Principal & Interest 0.41 0.16 16.56 0.25
Sep-13 To Principal & Interest 0.41 0.16 16.31 0.25
Oct-13 To Principal & Interest 9.16 0.16 7.30 9.00
Nov-13 To Principal & Interest 0.32 0.07 7.05 0.25
Dec-13 To Principal & Interest 0.32 0.07 6.80 0.25
Jan-14 To Principal & Interest 0.32 0.07 6.55 0.25
Feb-14 To Principal & Interest 0.31 0.06 6.30 0.25
Mar-14 To Principal & Interest 0.31 0.06 6.04 0.25
4 Apr-14 To Principal & Interest 0.31 0.06 5.79 0.25
May-14 To Principal & Interest 0.31 0.06 5.54 0.25
Jun-14 To Principal & Interest 0.30 0.05 5.29 0.25
Jul-14 To Principal & Interest 0.30 0.05 5.04 0.25
Aug-14 To Principal & Interest 0.30 0.05 4.79 0.25
Sep-14 To Principal & Interest 0.30 0.05 4.53 0.25
Oct-14 To Principal & Interest 0.30 0.04 4.28 0.25
Nov-14 To Principal & Interest 0.29 0.04 4.03 0.25
Dec-14 To Principal & Interest 0.29 0.04 3.78 0.25
Jan-15 To Principal & Interest 0.29 0.04 3.53 0.25
Feb-15 To Principal & Interest 0.29 0.03 3.27 0.25
Mar-15 To Principal & Interest 0.28 0.03 3.02 0.25
5 Apr-15 To Principal & Interest 0.28 0.03 2.77 0.25
May-15 To Principal & Interest 0.28 0.03 2.52 0.25
Jun-15 To Principal & Interest 0.28 0.02 2.27 0.25
Jul-15 To Principal & Interest 0.27 0.02 2.01 0.25
Aug-15 To Principal & Interest 0.27 0.02 1.76 0.25
Sep-15 To Principal & Interest 0.27 0.02 1.51 0.25
Oct-15 To Principal & Interest 0.27 0.01 1.26 0.25
Nov-15 To Principal & Interest 0.26 0.01 1.01 0.25
Dec-15 To Principal & Interest 0.26 0.01 0.76 0.25
Jan-16 To Principal & Interest 0.26 0.01 0.50 0.25
Feb-16 To Principal & Interest 0.26 0.00 0.25 0.25
Mar-16 To Principal & Interest 0.25 0.00 0.00 0.25
TOTAL 30.88 30.88 0.00
SUMMARY OF THE PAYMENT MADE

YEAR PARTICULAR PRINCIPAL INTEREST TOTAL

0 Amount paid during the year 0.00 0.00 0.00

1 Amount paid during the year 3.02 2.58 5.61

2 Amount paid during the year 3.02 2.24 5.26

3 Amount paid during the year 11.77 1.47 13.24

4 Amount paid during the year 3.02 0.54 3.56

5 Amount paid during the year 3.02 0.19 3.21

TOTAL 23.86 7.02 30.88

 M/S LAXMI CRUSHER, VILAGGE SARGIPAL, JAGDALPUR
Statement - 8
SCHEFULE OF DEPRECIATION (ON SLM)
(IN Lakhs)
PARTICULARS A B C D E F G H TOTAL
Rate of Depreciation 0% 10% 10% 13.91% 14% 13.91% 10.00% 13.91%
Cost of Acquisition 0.00 4.60 0.00 17.85 0.00 0.00 1.50 0.00 23.95
Capitalisation of interest during Const. 0.00 0.21 0.00 0.83 0.00 0.00 0.07 0.00 1.11
Capitalisation of Pre-op. Expenses 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 4.81 0.00 18.68 0.00 0.00 1.57 0.00 25.06

Depreciation for 1st Year 0.00 0.48 0.00 2.60 0.00 0.00 0.16 0.00 3.24

W.D.V. As on Year II 0.00 4.33 0.00 16.08 0.00 0.00 1.41 0.00 21.83
Depreciation for 2nd Year 0.00 0.48 0.00 2.60 0.00 0.00 0.16 0.00 3.24

W.D.V. As on Year III 0.00 3.85 0.00 13.48 0.00 0.00 1.26 0.00 18.59
Depreciation for 3rd Year 0.00 0.48 0.00 2.60 0.00 0.00 0.16 0.00 3.24

W.D.V. As on Year IV 0.00 3.77 0.00 10.89 0.00 0.00 1.10 0.00 15.35
Depreciation for 4th Year 0.00 0.48 0.00 2.60 0.00 0.00 0.16 0.00 3.24

W.D.V. As on Year V 0.00 2.89 0.00 8.29 0.00 0.00 0.94 0.00 12.12
Depreciation for 5th Year 0.00 0.48 0.00 2.60 0.00 0.00 0.16 0.00 3.24

W.D.V. As on Year VI 0.00 2.41 0.00 5.69 0.00 0.00 0.78 0.00 8.88
Depreciation for 6th Year 0.00 0.48 0.00 2.60 0.00 0.00 0.16 0.00 3.24

W.D.V. As on Year VII 0.00 1.93 0.00 3.09 0.00 0.00 0.63 0.00 5.64
Depreciation for 7th Year 0.00 0.48 0.00 2.60 0.00 0.00 0.16 0.00 3.24

W.D.V. As on Year VIII 0.00 1.44 0.00 0.49 0.00 0.00 0.47 0.00 2.41
 Statement - 9
A) PRODUCTION SALES & RECEIPTS :
(IN Lakhs)
PARTICULARS RATE PER QTY IN MT AMOUNT (in lacs)
MT 100% 45% 50% 55% 55%
Total Days -----> 300 days
RECEIPTS
MAIN PRODUCT: 270.00 36000 97.20 43.74 48.60 53.46 53.46
Stone Chips

Production 97.20 43.74 48.60 53.46 53.46

ADD : Op. Stock of F.G. 0.00 0.58 0.62 0.66
Less : CI Stock of F.G. 0.58 0.62 0.66 0.64
TOTAL RECEIPTS RS…. 43.16 48.56 53.42 53.48
 B) RAW MATERIAL CONSUMED

PARTICULARS RATE PER AMOUNT (in lacs)

MT 100% 45% 50% 55% 55%
300 days

Explosive & Other Consumables 60.00 36000 21.60 9.72 10.80 11.88 11.88
Royalty Expenses 6300 36000 22.68 10.21 11.34 12.47 12.47

TOTAL…… 44.28 19.93 22.14 24.35 24.35

POWER
A. Power reuirement 50 H.P.
B. No . of Shift per day 1 Shift
C. No. of Hrs per shift 8 Hours
D. No. of Working days 270 days
E. Conversion Factor 0.746
F. Power Factor 0.9
G. Load Factor 0.7
H. Units Consumed per Annum 50760
(AxBxCxDxExF)
Rate per Unit – 4.00/-
Rs.
Cost of Power Consumed at 100% 2.03 Lacs
==“== 45% 0.91 Lacs
==“== 50% 1.02 Lacs
==“== 55% 1.12 Lacs

C) DIRECT LABOUR & WAGES AMOUNT (in lacs)

Particulars Nos. P.M. Year
I II III IV
Inflation Rate Per Year – 10%

Supervisor/Guard 1 5000 0.60 0.66 0.73 0.80

Skilled Workers 6 4500 3.24 3.56 3.92 4.31
Unskilled Workers 10 3500 4.20 4.62 5.08 5.59
7 2500 2.10 2.31 2.54 2.80

Numbers 24 Gross 10.14 11.15 12.27 13.50

Fringe & Other Benefits 5% 0.51 0.56 0.61 0.67

TOTAL 10.65 11.71 12.88 14.17

 D) OTHER EXPENSES AMOUNT (in lacs)
Particulars Nos. P.M. Year
I II III IV
Salaries & Wages to Staff : Increment Rate Per Year – 10%

Manager (A/c, Pur. Stories) 1 7000 0.84 0.92 1.02 1.03

Peon/Watchman 1 2000 0.24 0.26 0.29 0.29

Numbers 2 Gross 1.08 1.19 1.31 1.32

Fringe & Other Benefits 5% 0.05 0.06 0.07 0.07

Totals 1.13 1.25 1.37 1.38

Other Administrative Expenses : Inflation Rate per Year - 10%

Postage, Telegram, Telephone 0.05 0.06 0.06 0.06
Rent, Rates & Taxes 0.05 0.06 0.06 0.06
Insurance (% of P&M & Building) 0.09 0.09 0.10 0.10
Travelling & Conveyance 0.20 0.22 0.24 0.24
Printing & Stationery 0.10 0.11 0.12 0.12
Audit & Consultation 0.10 0.11 0.12 0.12
Legal Charges 0.05 0.06 0.06 0.06
Bank Charges & Commission 0.15 0.17 0.18 0.18
Vehicle Running Expenses 0.25 0.28 0.30 0.31
Other Misc. Administrative Expenses 0.50 0.55 0.61 0.61

Total 1.54 1.68 1.85 1.87

Selling Expenses Capacity 100% 45% 50% 55%
Commission of Sales 1% 0.97 0.44 0.49 0.53
Other Expenses 0.49 0.22 0.24 0.27
Total 1.46 0.66 0.73 0.80
OTHER INFORMATION Year I II III
Other Income
% of Total Sales - 0.50% 0.22 0.24 0.27

Total 0.22 0.24 0.27

Other Consumable Stores : 100% 45% 50% 55%
0.10 0.01 0.05 0.06

Total 0.01 0.05 0.06

Repair & maintenance : Rate Value of Assets

% of Total Plant & machinery- 10.0% 18.68 0.47 0.51 0.57

% of Total Building 5.0% 4.60 0.23 0.25 0.28
% of Total Other Assets 5.0% 0.00 0.00 0.00 0.00
Inflation Rate per Year 10%

Total 0.70 0.77 0.84

Other Manufacturing Expenses 0.50% 40.90 0.22 0.24 0.27

Inflatation Rate Per Year - 10%

Total 0.22 0.24 0.27