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SRIJI GRANITE

KRISHNAGIRI

BALANCE SHEET FOR THE PERIOD

AUDITED ESTIMATED PROJECTION PROJECTION


31/03/2015 31/03/2016 31/03/2017 31/03/2018
PARTICULARS SCH
[Rs] [Rs] [Rs] [Rs]
SOURCES OF FUND:

Propritors Fund:
Capital 1 87.67 98.50 98.50 98.50
Reserves & Surplus 2 4.54 8.53 13.40 18.25
92.21 107.03 111.90 116.75
Loan Funds
Secured loan 3 41.38 57.34 43.30 30.00
Un secured loan - - -
Total 133.59 164.37 155.20 146.75
APPLICATION OF FUND:

Fixed Assets (Gross Block) 119.55 126.61 126.61 126.61


Less: Depreciation 16.20 30.55 41.89 51.78
NET BLOCK 103.35 96.06 84.72 74.83

Current Assets, Loans & Advances:


Sundry Receivables 20.58 40.00 45.00 49.00
Inventory 24.97 28.00 30.00 32.00
Cash & Bank Balances 6.26 12.06 9.98 9.42
Loans & Advances 4 3.50 4.75 5.09 6.43
55.31 84.81 90.07 96.85
Less: Current Liabilities & Provisions 5 25.07 16.50 19.59 24.93
Net Current Assets 30.24 68.31 70.48 71.92

Total 133.59 164.37 155.20 146.75


- (0.00) 0.00 (0.00)
SRIJI GRANITE
KRISHNAGIRI
PROFIT & LOSS ACCOUNT FOR THE YEAR

AUDITED ESTIMATED PROJECTION PROJECTION


12 MONTHS 12 MONTHS 12 MONTHS 12 MONTHS
31/03/2015 31/03/2016 31/03/2017 31/03/2018
PARTICULARS SCH
[Rs] [Rs] [Rs] [Rs]

INCOME:
Sales & Other operational Income 154.85 170.34 187.37 206.11
Increase\decrease in closing stock 8.95 3.03 2.00 2.00
Total 163.80 173.37 189.37 208.11

EXPENDITURE:
Operating Expenses 6 129.53 139.21 155.70 175.17
Administrative Expenses 7 7.41 7.43 8.18 8.97
Interest 8 6.12 6.14 6.17 4.30
Depriciation 16.20 14.35 11.34 9.89
Total 159.26 167.13 181.40 198.33

Profit Before Tax 4.54 6.23 7.97 9.78


Less: Provision for Income Tax - 1.25 1.59 2.93
Profit/Loss For The Year 4.54 4.99 6.38 6.84

Profit Brought Forward - 4.54 9.53 15.90


Profit For The Year 4.54 4.99 6.38 6.84
Profit/Loss Carried Forward 4.54 9.53 15.90 22.75
SRIJI GRANITE
KRISHNAGIRI

SCHEDULES FORMING INTEGRAL PART OF B/S FOR THE PERIOD

AUDITED ESTIMATED PROJECTION PROJECTION


12 MONTHS 12 MONTHS 12 MONTHS 12 MONTHS
31/03/2015 31/03/2016 31/03/2017 31/03/2018
PARTICULARS
[Rs] [Rs] [Rs] [Rs]

SCHEDULE NO.1:

CAPITAL ACCOUNT
SATISH JI GARG 29.17 40.00 40.00 40.00
Unsecured Loan from family members 58.50 58.50 58.50 58.50
87.67 98.50 98.50 98.50
SCHEDULE NO.2:

RESERVES & SURPLUS:


Profit & Loss A/c - 4.54 8.53 13.40
Add: Profit/Loss for the year 4.54 4.99 6.38 6.84
Less :-Personal Drwaings - 1.00 1.50 2.00
4.54 8.53 13.40 18.25
SCHEDULE NO.3:

SECURED LOAN
Term Loan From Bank 41.38 27.34 13.30 -
Working Capital - 30.00 30.00 30.00
41.38 57.34 43.30 30.00
SCHEDULE NO.4:

CURRENT ASSETS LOANS & ADVANCES:


Advance income tax - 1.25 1.59 2.93
Other deposit (TNEB & OTHERS) 3.50 3.50 3.50 3.50
3.50 4.75 5.09 6.43

SRIJI GRANITE
KRISHNAGIRI

PROJECTED AS ON DATE

SCHEDULES FORMING INTEGRAL PART OF B/S FOR THE PERIOD

12 MONTHS 12 MONTHS 12 MONTHS 12 MONTHS


31/03/2015 31/03/2016 31/03/2017 31/03/2018
PARTICULARS
[Rs] [Rs] [Rs] [Rs]
SCHEDULE NO.5:

CURRENT LIABILITIES & PROVISIONS:


Provision For Income Tax - 1.25 1.59 2.93
Sundry Creditors 21.91 12.75 15.00 17.00
Other Provisions 3.16 2.50 3.00 5.00
25.07 16.50 19.59 24.93
SCHEDULE NO.6:
4.54 6.23 7.97 9.78
DIRECT EXPENSES
Raw material consumption 79.33 86.04 98.61 118.00
Power charges 25.79 26.89 29.90 29.06
Wages 11.04 12.00 12.50 13.00
Segments 10.25 11.00 11.25 11.50
Other operating expenses 3.12 3.28 3.44 3.61
129.53 139.21 155.70 175.17
SCHEDULE NO.7:

ADMINISTRATIVE EXPENSES:
Staff salary , bonus 1.44 1.69 1.94 2.19
Rate & taxes 0.03 0.03 0.05 0.05
Travelling\conveyance 2.24 2.49 2.64 2.79
Bank charges 0.23 0.50 0.55 0.60
Auditors Remuneration 0.15 0.15 0.15 0.15
Telephone & postage Expenses 0.17 0.21 0.27 0.33
Office Maintenance 1.22 1.30 1.43 1.57
Printing & Stationery 0.20 0.21 0.22 0.25
Selling expenses & others 1.73 0.85 0.94 1.03
7.41 7.43 8.18 8.97
SCHEDULE NO.8:

FINANCIAL CHARGES
Term loan interest 6.12 4.32 2.35 0.47
Working Capital interest 1.83 3.83 3.83
6.12 6.14 6.17 4.30
ABF ASSESSMENT
SRIJI GRANITE As on 31st March
Rs. in
2014-15 2015-16 2016-17 2017-18
Particulars Prov. Proj. Proj. Proj.

Total CA 51.81 81.31 86.57 93.35

Other CL(Except Bank Borr.) 25.07 16.50 19.59 24.93

Working Capital Gap 26.74 64.81 66.98 68.42

Net Working Capital (Act./Proj) 26.74 34.81 36.98 38.42

Assessed Bank Finance 0.00 30.00 30.00 30.00

NWC to TCA (%) 51.61 42.81 42.71 41.16

Bank Finance to TCA % 0.00 36.90 34.65 32.14

S. Cr. To TCA (%) 42.29 15.68 17.33 18.21

Other CL to TCA (%) 6.10 4.61 5.31 8.50

Inv. To Net sales (days) 14.51 60.00 58.44 56.67

Rec. to gross sales (days) 11.96 85.71 87.66 86.78

S. Cr. To purchases (days) 24.86 54.09 55.52 52.58

Check Total(12+13+14+15) 100.00 100.00 100.00 100.00

2014-15 2015-16 2016-17 2017-18


Particulars Prov. Proj. Proj. Proj.

NWC to TCA (%) 51.61 42.81 42.71 41.16


Bank Finance to TCA % 0.00 36.90 34.65 32.14
Other CL to TCA (%) 48.39 20.29 22.63 26.71
FUND FLOW (DETAILED)
As on 31st March
SRIJI GRANITE Rs in
0 2015-16 2016-17 2017-18
1 SOURCES Proj. Proj. Proj.

a. Net Profit (After Tax) 4.99 6.38 6.84

b. Depreciation 14.35 11.34 9.89

c Increase in Capital 10.83 0.00 0.00

d. Increase In TL. Incl.public deposits 0.00 0.00 0.00

e. Decrease in
i.) Fixed Assets 0.00 0.00 0.00

ii.) Other Non Current Assets 0.00 0.00 0.00

f Others 0.00 0.00 0.00

g. Total 30.17 17.72 16.73

2 USES
a. Net Loss 0.00 0.00 0.00

b. Dec.in Term Liab. incl. Pub.Dep. 14.04 14.04 13.30

c. Increase in
i) Fixed Assets 7.06 0.00 0.00

ii) Other Non current assets 0.00 0.00 0.00

d. Dividend Payment 0.00 0.00 0.00

e Others 1.00 1.50 2.00

f Total 22.10 15.54 15.30

FUNDS FLOW STATEMENT


(Summary)

2015-16 2016-17 2017-18


Particulars Proj. Proj. Proj.
3 I Long Term Surplus/Deficit 8.07 2.18 1.43

4 ii Increase/decrease in Curr. Assts. 29.50 5.27 6.78

5 iii Inc./Dec. in CL other than BB -8.57 3.10 5.34


6 iv Inc./Dec. in WC Gap 38.07 2.17 1.44

7 v Net Surplus (+) Deficit (-) -30.00 0.01 -0.01

8 vi Inc./Dec. in Bank Borrowings 30.00 0.00 0.00


FUNDS FLOW STATEMENT

2015-16 2016-17 2017-18


Particulars Proj. Proj. Proj.

Long Term Sources 30.17 17.72 16.73


Long Term Uses 22.10 15.54 15.30
Surplus/Deficit 8.07 2.18 1.43

Movement of TNW

2015-16 2016-17 2017-18


Particulars Proj. Proj. Proj.

Opening balance 92.21 107.03 111.90


1 Add.
i Profit/(-)Loss after Tax 4.99 6.38 6.84
ii Increase in Capital 10.83 0.00 0.00
iii Dec./(-) Inc.in Intangible Asset 0.00 0.00 0.00
iv Others -1.00 -1.50 -2.00
2 Less
Div Paid(Incl.Div.Tax)/ Withdrawa 0.00 0.00 0.00
TNW 107.03 111.90 116.75
INVENTORY & RECEIVABLES HOLDINNG LEVELS
SRIJI GRANITE As on 31st March
Rs. in Lacs
Particulars 2014-15 2015-16 2016-17 2017-18
Prov. Proj. Proj. Proj.
I II III IV
Raw Material : a) Indigenous 0.00 0.00 0.00 0.00
Months 0.00 0.00 0.00 0.00
b) Imported 0.00 0.00 0.00 0.00
Months #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Stock in Process 0.00 0.00 0.00 0.00
Months 0.00 0.00 0.00 0.00
Finished Goods 24.97 28.00 30.00 32.00
Months 0.55 2.23 2.18 2.10
Other Spares : a) Indigenous 0.00 0.00 0.00 0.00
Months #DIV/0! #DIV/0! #DIV/0! #DIV/0!
b) Imported 0.00 0.00 0.00 0.00
Months #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Receivables : a) Domestic 20.58 40.00 45.00 49.00
Months 0.40 2.82 2.88 2.85
b) Export 0.00 0.00 0.00 0.00
Months #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Receivables 20.58 40.00 45.00 49.00
Months 0.40 2.82 2.88 2.85
S. Creditors 21.91 12.75 15.00 17.00
Months 3.31 1.78 1.83 1.73
Other Creditors 3.16 3.75 4.59 7.93
Other Current Assets 6.26 13.31 11.57 12.35

(Figures in italics represents holding period in months.)


ASSESSMENT OF WORKING CAPITAL REQUIREMENT

OPERATING STATEMENT
Name of the Account M/s SRIJI GRANITE

Amt.in Lacs

As per profit and loss account actuals/ estimates for the year ending 31st March

2014-15 2015-16 2016-17 2017-18


Prov. Proj. Proj. Proj.
1 GROSS SALES/RECEIPTS I II III IV

i. Domestic sales/Receipts 154.85 170.34 187.37 206.11

ii. Export sales


Contract Income

Total 154.85 170.34 187.37 206.11

2 Less excise duty

Deduct other items

3 Net sales ( item 1 - item 2 ) 154.85 170.34 187.37 206.11

4 % age rise (+) or fall (-) in net 10.00 10.00 10.00


sales compared to previous
year (annualised)
5 Cost of Sales

i.) Raw materials/Purchas(including 79.33 86.04 98.61 118.00


stores and other items used
in the process of manufacture)
(a) imported

(b) Indigenous 79.33 86.04 98.61 118.00

ii) Contract work expenses 0.00 0.00 0.00 0.00

(a) Imported

(b) Indigenous 0.00 0.00 0.00 0.00

iii) Power and fuel 25.79 26.89 29.90 29.06

iv) Wages 11.04 12.00 12.50 13.00

v) Operating expense 13.37 14.28 14.69 15.11

vi) Depreciation 16.20 14.35 11.34 9.89

vii) SUB TOTAL (I TO VI) 145.73 153.56 167.04 185.06

viii)ADD: Opening stocks-in-

Process 0.00 0.00 0.00 0.00


Sub-total 145.73 153.56 167.04 185.06
Form II : Sheet 2 2014-15 2015-16 2016-17 2017-18
Prov. Proj. Proj. Proj.
ix) Deduct : Closing stocks-in-
process 0.00 0.00 0.00 0.00

x) Cost of Production 145.73 153.56 167.04 185.06


xi) Add : Opening stock of
finished goods 16.02 24.97 28.00 30.00

SUB-TOTAL 161.75 178.53 195.04 215.06


xii) Deduct closing stock of
finished goods 24.97 28.00 30.00 32.00

xiii SUB-TOTAL ( Total cost 136.78 150.53 165.04 183.06


of sales)
6 Selling general and administrtive
expenses 7.41 7.43 8.18 8.97

7 SUB-TOTAL (5+6) 144.19 157.96 173.22 192.03

8 Operating profit before interest 10.66 12.37 14.14 14.08


( 3-7 )

9 Interest 6.12 6.14 6.17 4.30

10 Operating profit after interest 4.54 6.23 7.97 9.78


( 8-9 )
11 (i) Add other non-operating income
Specify :a)
b)
c)
d)
Sub-total ( income ) 0.00 0.00 0.00 0.00
(ii) Deduct other non-operating expenses

(a) Preliminary Expenses


Written off

Sub-total ( expenses ) 0.00 0.00 0.00 0.00


(iii) Net of other non-operating 0.00 0.00 0.00 0.00
income/expenses
12 Profit before tax/loss[10+11(iii)] 4.54 6.23 7.97 9.78

13 Provision for taxes 0.00 1.25 1.59 2.93

14 Net profit/loss ( 12-13 ) 4.54 4.99 6.38 6.84


15 (a) Equity dividend paid-amt/
Drawings 0.00 0.00 0.00 0.00

16 Retained profit ( 14-15 ) 4.54 4.99 6.38 6.84


17 Retained profit/Net profit (% age 100.00 100.00 100.00 100.00
FORM III(CONTINUED)
Sheet 3
AS PER BALANCE SHEET AS AT : 31st MARCH
SRIJI GRANITE Rs. in
2014-15 2015-16 2016-17 2017-18
ASSETS Prov. Proj. Proj. Proj.
I II III IV
26 Cash and bank balances 6.26 12.06 9.98 9.42
27 Investment (other than long 0.00 0.00 0.00 0.00
term investment)
(i) Government & other
Trustee Securities
(ii) Fixed Deposits with Banks
28 (i) Receivables other than 20.58 40.00 45.00 49.00
deferred & exports (include
bills purchased and
discounted by Banks)
(ii) Export receivables(include
bills purchased and
discounted by banks)
29 Instalments of deferred
receivables(due with in one yr.)
30 Inventory: 24.97 28.00 30.00 32.00
(i)Raw materials(including stores 0.00 0.00 0.00 0.00
& other items used in the
process of manufacture)
(a) Imported
(b) Indigenous
(ii) Stock-In-Process 0.00 0.00 0.00 0.00
(iii) Finished goods 24.97 28.00 30.00 32.00
(iv) Other Consumable Spares 0.00 0.00 0.00 0.00
(a) Imported
(b) Indigenous) 0.00 0.00 0.00 0.00
31 Advance to suppliers of raw
materials & stores and spares
32 Advance payment of taxes 0.00 1.25 1.59 2.93
33 Other Current assets
(Specify major items) 0.00 0.00 0.00 0.00
a) Vat Receivables 0.00 0.00 0.00 0.00
b)
c)
d)
34 TOTAL CURRENT ASSETS 51.81 81.31 86.57 93.35
As on 31st March
Rs. in Lacs
FIXED ASSETS 2014-15 2015-16 2016-17 2017-18
Sheet 4 Prov. Proj. Proj. Proj.
35 Gross Block(Land & Building 119.55 126.61 126.61 126.61
machinery, work-in-process)
36 Depreciation to date 16.20 30.55 41.89 51.78
37 NET BLOCK 103.35 96.06 84.72 74.83
OTHER NON-CURRENT ASSETS
38 Investment/bookdebts/advances/ 3.50 3.50 3.50 3.50
deposits which are not current
assets
(i) a) Investment in subsidiary
Co./affiliates
b) Others
(ii) Advances to suppliers of
capital goods & contractors
(iii)Deferred receivables (maturity
exceeding one year)
(iv)Others (a) Debtors> 6 months
(b) Security Deposits 3.50 3.50 3.50 3.50
(c) Others

39 Non-consumables stores &


spares
40 Other non-current assets incl-
uding dues from Directors
41 TOTAL OTHER NON-CURR. ASSETS 3.50 3.50 3.50 3.50
42 Intangible assets (patents, 0.00 0.00
goodwill, prelim.expenses, bad/
doubtful exp.not provided for etc)
43 TOTAL ASSETS(34+37+41+42) 158.66 180.87 174.79 171.68

Investment in Associates 0.00 0.00 0.00 0.00

44 NET WORKING CAPITAL 26.74 34.81 36.98 38.42


CURRENT RATIO 2.07 1.75 1.75 1.70
TNW 92.21 107.03 111.90 116.75
TOL/TNW 0.72 0.69 0.56 0.47
Total Term Liability/TNW 0.45 0.26 0.12 0.00
DIFFERENCE IN B/S 0.00 0.00 0.00 0.00
TOL/TNW (loan from directors 0.76 0.75 0.64 0.56
taken as quasi capital)
LIABILITIES STATEMENT FORM III

Name of Account M/s SRIJI GRANITE


Sheet 1 AS PER BALANCE SHEET AS AT 31st MARCH
Rs in
0 2014-15 2015-16 2016-17 2017-18
Prov. Proj. Proj. Proj.
CURRENT LIABILITIES I II III IV

1 Short-term borrowings from


banks(including bills purchased,
discounted & excess borrowing
placed on repayment basis)
(i.) From applicant banks 0.00 30.00 30.00 30.00

(ii.) From other banks

(iii) Of which BP & BD

SUB TOTAL 0.00 30.00 30.00 30.00

2 Short term borrowings from


others

3 Sundry Creditors (Trade) 21.91 12.75 15.00 17.00

4 Advance payments from custo-


mers/deposits from dealers

5 Provision for taxes 0.00 1.25 1.59 2.93

6 Dividend payable

7 Other statutory liabilities


(due within one year)

8 Deposits/instalments of term 0.00 0.00 0.00 0.00


loans/DPGs/Debentures,etc.
(due within one year)

9 Other current liabilities &


provisions(due within 1 Yr)
(specify major items) 3.16 2.50 3.00 5.00
a) Out standing expenses 3.16 2.50 3.00 5.00
b)
c)
d)
SUB-TOTAL (B) 25.07 16.50 19.59 24.93

TOTAL CURRENT LIABILITIES 25.07 46.50 49.59 54.93


TERM LIABILITIES
Rs. in
2014-15 2015-16 2016-17 2017-18
Sheet 2 Prov. Proj. Proj. Proj.

11 Debentures (not maturing


within one year)

12 Subsidy

13 Term loans(excluding instalment) 41.38 27.34 13.30 0.00


payable within one year)

14 Deferred Payment Credits


(excluding instalments due
within one year)

15 Term deposits (repayable


after one year)

16 Loans from Directors 0.00 0.00 0.00 0.00

17 TOTAL TERM LIABILITIES 41.38 27.34 13.30 0.00

18 TOTAL OUTSIDE LIABILITIES 66.45 73.84 62.89 54.93

NET WORTH

19 Ordinary share capital 87.67 98.50 98.50 98.50

20 General reserve 4.54 8.53 13.40 18.25

21 Revaluation reserve

22 Other reserve (excluding


provisions)

23 Surplus (+) or deficit (-) in


Profit & Loss Account
23a Others (specify) 0.00 0.00 0.00 0.00
a)
b)
c)
d)
24 NET WORTH 92.21 107.03 111.90 116.75

25 TOTAL LIABILITIES 158.66 180.86 174.80 171.68


YEAR 2014-15 2015-16 2016-17 2017-18
SRIJI GRANITE
If ASSETS are equal to LIABILITIES Y N N N
Balance Sheet Total ASSETS 158.66 180.87 174.79 171.68
Balance Sheet Total LIABILITIES 158.66 180.86 174.80 171.68
Diff Assets- liabilities 0.00 0.00 0.00 0.00
Is Balance Sheet SIP Closing stock Y Y Y Y
Equal to OP-Stmt. SIP Closing Stock
SIP Closing Stock :Asset Staement. 0.00 0.00 0.00 0.00
SIP Closing Stock : Operating Stmt. 0.00 0.00 0.00 0.00
Is Balance Sheet FG Closing stock Y Y Y Y
Equal to OP-Stmt. FG Closing Stock
FG Closing Stock : Asst. Stmt. 24.97 28.00 30.00 32.00
FG Closing Stock : OP. Statement 24.97 28.00 30.00 32.00
Is Balance Sheet Depreciation Y Y Y
Equal to OP-Stmt. Depriciation
Balance Sheet Depriciation 14.35 11.34 9.89
Operating profit depriciation 14.35 11.34 9.89
Diff 0.00 0.00
PROFIT AFTER TAX 4.54 4.99 6.38 6.84
Dividend 0.00 0.00 0.00 0.00
Adj. Sales = Net Sales+Increase 163.80 173.37 189.37 208.11
in FG & SIP
RM/ Adj. Sales (%) 48.43 49.63 52.07 56.70
Spares/ Adj. Sales (%) 0.00 0.00 0.00 0.00
Power & Fuel/ Adj. Sales(%) 15.74 15.51 15.79 13.97
Labour/ Adj. Sales (%) 6.74 6.92 6.60 6.25
Other Mfg Exp./Adj. Sales (%) 8.16 8.23 7.76 7.26
Cost of Prod./ Adj. Sales(%) 88.97 88.57 88.21 88.93
Cost Of sales / Sale (%) 88.33 88.37 88.08 88.82
PBDIT 26.86 26.72 25.48 23.97
GenSelling+General Exp/Adj Sales % 4.52 4.29 4.32 4.31
Is FAs Additions>TLs raised Y Y Y
Increase in FA 7.06 0.00 0.00
Increase in TL -14.04 -14.04 -13.30

If Cash Accrual>TL Installment Y Y Y


Cash Accrual 19.34 17.72 16.73
TL installment 0.00 0.00 0.00
Net DSCR #DIV/0! #DIV/0! #DIV/0!
PERFORMANCE AND FINANCIAL INDICATORS
As on 31st March
SRIJI GRANITE
2014-15 2015-16 2016-17 2017-18
Particulars Prov. Proj. Proj. Proj.

Domestic Sales(Gross) 154.85 170.34 187.37 206.11


Export Sales 0.00 0.00 0.00 0.00
Net Sales 154.85 170.34 187.37 206.11

% rise/fall (-) in net sales 10.00 10.00 10.00

Profit Before tax 4.54 6.23 7.97 9.78

PBT/ Sales (%) 2.93 3.66 4.25 4.74

Profit After Tax 4.54 4.99 6.38 6.84

Cash Accrual 20.74 19.34 17.72 16.73

Paid Up Capital 87.67 98.50 98.50 98.50

TNW 92.21 107.03 111.90 116.75

TOL/TNW (times) 0.72 0.69 0.56 0.47

NWC 26.74 34.81 36.98 38.42

Current Ratio 2.07 1.75 1.75 1.70

Adjusted TNW 92.21 107.03 111.90 116.75

Adjusted TOL/TNW 0.72 0.69 0.56 0.47

Figures in Italics represents estimates taken at the time of the last renewal.

Other Ratios

Operating Cost/ sales % 97.07 96.34 95.75 95.26

Net Sales /TTA (times) 0.98 0.94 1.07 1.20

PBDIT 26.86 26.72 25.48 23.97


EFFICIENCY RATIOS

2014-15 2015-16 2016-17 2017-18


Prov. Proj. Proj. Proj.
Net Sales/ Total Tangible 0.98 0.94 1.07 1.20
Assets (times)
PBT/ Total Tangible Assets (%) 2.86 3.45 4.56 5.69

Operating Cost to sales (%) 97.07 96.34 95.75 95.26

Bank Finance/ Ct. Assets (%) 0.00 36.90 34.65 32.14

Inventory+ Receivables to net 26.47 145.71 146.10 143.45


Sales (days)

Figures in Italics represents estimates taken at the time of the last renewal.

PBDIT 26.86 26.72 25.48 23.97

RISK RATING RELATED RATIOS

1 Current Ratio 2.07 1.75 1.75 1.70


2 TOL/TNW (times) 0.72 0.69 0.56 0.47
3 PBDIT/Interest (times) 4.39 4.35 4.13 5.57
4 PAT/Net Sales (%) 0.00 2.93 3.40 3.32
5 ROCE (%) (PBDIT/TA) 16.93 14.78 14.58 13.96
6 INV+REC./Sales (days) 79 146 146 143