Professional Documents
Culture Documents
Description Cost
Land 8
Building & civil 10
Plant & Machinery 12
Misc Fixed Assets 1.5
Preliminary & Preoperative Expens 1
CAPEX 32.50
Variable Cost
525 Var_cost_1 8.86 11.81 11.81 11.81 11.81 11.81 11.81
110 Var_cost_2 1.86 2.48 2.48 2.48 2.48 2.48 2.48
Total 10.72 14.29 14.29 14.29 14.29 14.29 14.29
10 Fixed Cost 10 10 10 10 10 10 10
10 10 10
BALANCE SHEET
Sources of Funds
Shareholders Fund
Capital 9.75 9.75 9.75 9.75 9.75 9.75 9.75
Reserve and Surplus -1.40 1.00 3.54 6.24 8.82 11.57 14.49
Total Shareholders Fu 8.35 10.75 13.29 15.99 18.57 21.32 24.24
Loan Funds
Term Loan 22.75 22.75 19.91 17.06 14.22 11.38 8.53
Working Capital Loan 3.80 5.07 5.07 5.07 5.07 5.07 5.07
Total Loan Funds 26.55 27.82 24.98 22.13 19.29 16.44 13.60
Current Liabilities
Creditors 2.64 3.52 3.52 3.52 3.52 3.52 3.52
Uses of Funds
Fixed Assets
Gross Block 32.50 32.50 32.50 32.50 32.50 32.50 32.50
Less: Cumulative Depre 1.63 3.25 4.88 6.50 8.13 9.75 11.38
Net Fixed Asset 30.88 29.25 27.63 26.00 24.38 22.75 21.13
Current Assets
Inventories 2.64 3.52 3.52 3.52 3.52 3.52 3.52
Debtors 5.95 7.93 7.93 7.93 7.93 7.93 7.93
Total 8.59 11.46 11.46 11.46 11.46 11.46 11.46
Cash & Bank -1.59 1.98 3.49 5.12 6.55 8.11 9.80
Add / (Deduct):
Depreciation 1.63 1.63 1.63 1.63 1.63 1.63 1.63
Interest paid 3.19 3.34 3.17 2.83 2.49 2.14 1.80
DTL/(A) 0.33 0.26 0.20 0.14 0.08 0.03 -0.02
Operating Cash Profit 3.75 8.15 8.08 8.02 7.97 7.92 7.87
Add / (Deduct)
Deduct : Direct taxes p 0.00 -0.53 -0.56 -0.73 -1.20 -1.37 -1.53
Cashflow from operatin -2.20 5.64 7.53 7.29 6.77 6.55 6.34
Purchase of fixed asset -32.50 0.00 0.00 0.00 0.00 0.00 0.00
Proceeds from sale of f 0 0 0 0 0 0 0
Cash flow from Investin -32.5 0 0 0 0 0 0
Net Increase / (Decreas -1.59 3.57 1.51 1.62 1.44 1.56 1.69
Add : Balance at the be 0.00 -1.59 1.98 3.49 5.12 6.55 8.11
Cash / Cash Equivalents -1.59 1.98 3.49 5.12 6.55 8.11 9.80
8 9 10
0 0 0
0 0 0
0.00 0.00 0.00
-2.84 -2.84 -2.84
-1.46 -1.12 -0.78
0 0 0
-4.31 -3.96 -3.62
Tax Schedule
PBT -1.40 2.92 3.09 3.44 3.78 4.12 4.46
add SLM 1.63 1.63 1.63 1.63 1.63 1.63 1.63
less WDV 2.60 2.39 2.20 2.02 1.86 1.71 1.58
PBT for IT -2.37 2.16 2.52 3.04 3.54 4.03 4.51
Net PBT of tax 0.00 0.00 2.31 3.04 3.54 4.03 4.51
34% Taxes 0.00 0.00 0.78 1.03 1.20 1.37 1.53
MAT credit
opening 0.00 0.00 0.53 0.30 0.00 0.00 0.00
addition 0.00 0.53 0.00 0.00 0.00 0.00 0.00
utilised 0.00 0.00 0.23 0.30 0.00 0.00 0.00
closing 0.00 0.53 0.30 0.00 0.00 0.00 0.00
8 9 10
Current Liabilities
90 Creditors 2.64 3.52 3.52 3.52 3.52 3.52 3.52
Working Capital Gap 5.95 7.93 7.93 7.93 7.93 7.93 7.93
25% Margin Money 2.15 2.86 2.86 2.86 2.86 2.86 2.86
WC loan 3.80 5.07 5.07 5.07 5.07 5.07 5.07
8 Term Loan
Opening 22.75 22.75 22.75 19.91 17.06 14.22 11.38
Addition 0 0 0 0 0 0 0
Repayment 0 0 2.84 2.84 2.84 2.84 2.84
Closing 22.75 22.75 19.91 17.06 14.22 11.38 8.53
12% Interest 2.73 2.73 2.56 2.22 1.88 1.54 1.19
8 9 10
Depreciation SLM
Gross block 32.50 32.50 32.50 32.50 32.50 32.50 32.50
5% Depreciation 1.63 1.63 1.63 1.63 1.63 1.63 1.63
Cumm Depreciation 1.63 3.25 4.88 6.50 8.13 9.75 11.38
Net Block 30.88 29.25 27.63 26.00 24.38 22.75 21.13
Depreciation WDV
Gross block 32.50 32.50 32.50 32.50 32.50 32.50 32.50
8% Depreciation 2.6 2.39 2.20 2.02 1.86 1.71 1.58
Cumm Depreciation 2.6 4.99 7.19 9.22 11.08 12.79 14.37
Net Block 29.90 27.51 25.31 23.28 21.42 19.71 18.13
8 9 10
Valuation
No. of Equi 1
Share Price 20.91
8 9 10