FEASIBILITY REPORT

ON

AFFAN HOME TEX. (PVT) LTD.

228/C Tejgaon Industrial Area, Dhaka.

 Page-01
Project Summery

01. Name of the Project : Affan Home Tex (PVT) Ltd.

02. Location of the Project : The proposed project is to be located on own

Project Land at Kashizuli. Post: Vitipara, Union:
Bormi, Upozila: Sripur, Under Dist. Gazipur, Which
is at a distance of 60 km from Dhaka City. The
project site is enjoying every facility like
electricity, water, skilled labor and good road
communication.

Head Office : 228/C Tejgaon Industrial Area, Dhaka-1217

Factory Address : Kashizuli, Vitipara, Bormi, Sripur, Gazipur.
03. Proposal :
The proposal envisages for Setting up a 100% export oriented Home Textile unit comprises of
automatic Machinery imported from Taiwan, China & Japan.

04. Types of Company : Private Limited Company.

05. Authorized Capital : 1.00 Crore.

06. Paid up Capital : 10.00 Lac.

07. Date of Incorporated : 13-01-2013

 Page-02

04. Production Planning and Sales :

After implementation of the project by new importable machinery and equipment, the product mix
and the production capacity of the project based on 10 (Ten) hour 01 (one) shift operation per day and 350
working days per year at 100% capacity utilization will be as follows:
Quantity per day at Quantity per year at
Sl
Product Name 100% Capacity 100% Capacity
No.
Utilization Utilization

A  Basic Quilt 396 pics 1,18,800 pics

 Fancy Quilt 540 pics 1,62,000 pics

B Pillow 1872 pics 5,61,600 pics

C Padding Jacket 1260 pics 3,78,000 pics

Total 4,068 pics 12,20,400 pics

 Page-03
05. Means of the Finance (BMRE):
(Fig in lac)
Description Total Cost
Bank Debt:
Long term debt 2614.62
IDCP -
Working Capital -
Total bank debt 2614.62
Equity:
Fixed Investment 1738.08
Working Capital -
Total Equity 1738.08
Total cost of the Projcet 4352.70

Bank Debt : Equity = 60 : 40

06. Profitability forecast:

Description Yr-1 Yr-2 Yr-3

Gross Profit to sales (%) 32% 36% 36%
Operating profit to sales (%) 31% 34% 34%
Net Profit to sales 19% 22% 23%

07. Debt service coverage ratio : 3.56x 4.17 x 4.51x

08. Employment generation : 350 Person

09. Contribution to GDP (at 3rd Year) : 3096.23 Lacs

10. BEP : 19.44% Capacity Utilization.

11. Benefit Cost Ratio : 1.38 : 1.00

12. IRR : 50%

13. Conclusion & Recommendation:

" In view of the fore-going, the project is found to technically feasible, socially desirable,
Commereially profitable, financially rewarding, economically viable and hence highly suitable for
bank Financing."
 Page-04

Sales Value at 100% Capacity.

SL. Type of product Qty Total Sales Value

in Tk. lac

A. Quilt, Pillow & Jacket 12.20 lac pes 11000.00

11000.00

05. Status of the Company : Privet Limited Company.

06. Type of the project : Home Textile Unit.

15. Cost of the Project (BMRE):

(Fig in lac)
Cost Component Total Cost
Fixed Cost 4352.70
Working Capital -
Total Cost of the Project 4352.70
 Page-05

Management aspects

The Exportable Quilt, Pillow, Padding Jacket, Cushion, Ball Fiber, Door Cover, Window Cover, Sofa Cover,
Hospital Bed & Baby Bed occupies a significant position in the economy of Bangladesh. Our country is in advantage
position having cheap and sufficient sill labor and mechanical personnel’s. The project is an export-oriented
Industry. The project has good and wide markets in the country as well as worldwide :

Sl.No. Name, Address Age Designation share Education/ National

Father/Husband ID No.
/Mother

01. Mrs Zakia Sultana House # 38/KA, 38 Chairman 65% M.Sc. 2696654329450
W/O. Md. Mizanur Dilu Road, New
Rahman Shahin. Eskaton,
Mother's Name: Dhaka-1000
Mrs. Masuda
Khatun.
02. Md. Mizanur House # 38/KA, 43 Managing 35% B.S.S 269665432448
Rahman Shahin. Dilu Road, New Director
S/o. Abdul Malek Eskaton,
Hossain Dhaka-1000
Mother's Name:
Mrs. Hosneara
Begum

16. Management of the company:

Affan Home Tex. (Pvt) Ltd. Is set up by a group of highly professional, well experienced and
financially sounds Bangladeshi entrepreneur. The sponsors have excellent track record about about
industrial, commercial, financial & production management. The experienced sponsors of the company
have very dynamic out look and expertise about the technology and production Management.

The overall management of the company will be vested with the board of director, the Board will
formulated companies policies and provide guide lines for its day to day business operation. The managing
directgor is the chief executive to look after the business affairs and other logistic support of the company .
The managing director will be assisted by the other director as well as by the managerial and technical staff
at different label.

Page-06
 Technical Aspects

The Exportable Quilt, Pillow, Padding Jacket, Cushion, Ball Fiber, Door Cover, Window Cover, Sofa Cover, Hospital Bed
& Baby Bed occupies a significant position in the economy of Bangladesh. Our country is in advantage position
having cheap and sufficient sill labor and mechanical personnel’s. The project is an export-oriented Industry. The
project has good and wide markets in the country as well as worldwide.

Raw Materials:
The Project will use both local and importable raw materials. It would depend on the choice of overseas buyers. The
sale contract will be taken into C.M. basis. The cost of required raw materials will be bear by the foreign buyers
against back-to-back L/C. As such there will be no involvement of cash on the part of manufacturer for import of raw
materials. However expenses against the clearance of raw materials from the sea custom Chittagong to bonded
warehouse at Factory premises and similarly forwarding cost will be bare by the manufacture. The costs of raw
materials will 51% as total FOB values of the finished products. Therefore as staled above, if the total sales cost on
FOB comes to Tk. 4000 Lac the approximately value of raw materials will be Tk. 2040 Lac based on the above. The
cost of accessories and packing materials has been estimated at Tk. 240 Lac as 6% of FOB Value.
Our Project Main Raw Materials are:
 PSF Raw Fiber =$ 2.00 per Kg
 PSF White Fiber =$ 2.00 per Kg
 PSF Black Fiber =$ 1.50 per Kg
 Fabric
 Sewing Thread

Location of the Project:

The proposed project is to be located on own Project Land at Kashizuli, Post: Vitipara, Union: Bormi, Upozila: Sripur,
Under Dist. Gazipur, Which is at a distance of 60 km from Dhaka City. The project site is enjoying all infrastructure
facility like electricity, water, skilled labor and good road communication. The total Project Land is 35 Decimal. The
Land is considered adequate for the proposed Project. The cost of Project Land is Tk. 65 Lac as per Present Market
Value.
 Page-07
Schedule of the Property
There is no liability for against land, District: Gazipur, Upozila & Sub-Registry office: Sripur, Union: Bormi, Mouza: 15
No. Satkhamair. Dag, khatian is given bellow:

Mouza Khatian Dag Land

15 No. Satkhamair S.A. R.S S.A. R.S. 35 Decimal

521 42 201 4389

Total Land =35 (Thirty Five) Decimal

Building and other Civil Works:

The civil construction of the proposed project for main Factory Building consists of Padding Section, Quilting Section,
Sewing Section, Cutting Section, Finishing Section, Raw Materials and Finished Goods Godown, Generator, Sub-
Station Room, Office Room, Guard Room, Toilet etc. Total covered area will be 42,000 sft that means three floor &
per floor is 14000 sft. The cost of Building and other civil works has been estimated at Tk. 1344 Lac, that means per
sft cost will be Tk.3200.
Machinery and Equipment’s:
 Importable:
The project will be equipped most modern and sophisticated world best (China, Japan, Korea) Padding, Quilt &
Sewing Machinery along related and balance front and back process machinery. The project will be equipped with a
Diesel Generator of “India” origin having Capacity 300 KVA for achieving unbreakable production of the project. The
cost of foreign machinery will be US$ 2,758,789 Equivalent to Tk. 2207 Lac.
 Local Machinery & Equipment:

In addition to the importable machinery, the project will also be require some local machinery and equipment
under which will consists of office equipment including computer, phone, Printer, Photocopy Machine, Sub-station
with equipment, Sub marshal pump, Steam and Water Pipe Line, fire Fighting Equipment, Vehicles, Weighting
Scales, Electric Wire, Electrical Light, Fan etc. The cost of which has been estimated at Tk. 175.63 Lac.

Erection and Installation:

The importable machinery and equipment of the project under will be installed commissioned and put into trial run
under direct supervision of the foreign erectors devoted by the suppliers. A team of local technicians and skilled
workers will assist them. The sponsor will make an agreement with supplier in this regard. Local machinery and
Equipment will be installed by the local hired expert persons. An amount of Tk. 15.00 Lac has been estimated both
for electrical and mechanical installation.

Internal Freight:

An Amount of Tk. 9.00 Lac has been estimated both for Local and Foreign Machinery as Internal freight to reached
machinery at the Project site.
 Page-08

Utility:

 Water:

Water will be required for the production process of the project. Also some water will required for Domestic
purpose. The requirement of water will make available from project owns Sub marshal pump. The cost of which has
been incorporate in the Local Machinery cost. The required mater will be available at the project site is soft in
nature, which can be easily used in Domestic purpose and also Manufacturing unit.

 Power:

The maximum demand of electricity for the project will be 300 KW / hr. The main source of power will be from REB.
The project will also be equipped with a Diesel Generator having capacity 300 KVA. The Generator will be used
when electricity will fail. The project will also be equipped with Electric Distribution System for supplying electricity
to every machine of the project. The cost of which has been incorporate in the Local Machinery cost.

Fuel and Lubricant:

The annual requirement of fuel and lubricants has been estimated as under:

Item Annual Requirement

Diesel 12000 Liters/Year
Grease, Lubricants & Other Tk. 1.75 Lac/Year

Transport:

The project will be required a Pick up for carrying Raw Materials and Finished Goods. The estimated cost for this
purpose will be Tk. 25.00 Lac.

Furniture Fixture and Office Equipment:

The project has been equipped with official equipment and furniture fixture the value of which has been estimated
at Tk. 38.77 Lac.

Safety Provision:

The Fight against fire, necessary firefighting equipment and first aid box has been required for which an amount of
Tk. 28.13 Lac has been involve. The cost of which has been incorporate in the Local Machinery cost.
 Page-09
Pollution Control and Waste Disposal:

In case of our project, there is not to require any waste disposal facility because our project will not provide any
waste disposal. But since the project will be located at Sripur, Gazipur which is an industrial belt, hence the project
will provide waste disposal facility and after implementation of the project it will not harmful for that.

Stores and Sparse:

Stores and Sparse for the project has been estimated 1.00%, 1.50% and 2.00% for the 1 st, 2nd, and 3rd Year
respectively for total machinery cost.

Repair and Maintenance:

The annual requirement of repair and maintenance for the machinery has been estimated 1.00%, 1.50%, and 2.00%
for the 1st, 2nd and 3rd year operation respectively. The repairing and maintenance cost of building has been
estimated 1.00% of its cost at every year.

Man Power:

With a view to ensure efficient and effective functioning of day-to-day activities of the project during erection and
on completion, Technical, Administrative Person, Skilled and Un-skilled labor will be required.

The total manpower requirement for the project during commercial operation has been shown below and will be
recruited locally:

 Administrative:

SL. NO. Name of the Post No. of Post

01. General Manager 01
02. Accounts Manager 01
03. Accounts Officer 01
04. Administrative Officer 01
05. Computer Operator 02
06. Store Keeper 02
07. Driver 01
08. Guard 12
09. Peon 02
10. Cleaner 06
Total 29
 Page-10

 Technical Persons:

SL. NO. Name of the Post No. of Post

01. Production Manager 01
02. Designer 03
03. Mechanical Engineer 01
04. Electric Engineer 01
05. Supervisor 03
06. Line Chief 04
Total 13

 Workers:

SL. NO. Name of the Post No. of Post

01. Skilled Worker 200
02. Semi Skilled Worker 60
03. Un-Skilled 45
Total 305

 Personnel:

SL. NO. Name of the Post No. of Post

01. Marketing Officer 01
02. Commercial Officer 01
03. Sales & Purchase Officer 01
Total 03
 Page-11
The wages and salary are assumed to be increased 5.00% per year.

The technical know how required for the smooth operation of the project is locally available. Crash training and
orientation program for both semi-skilled and unskilled persons will be conducted by a qualified and well
experience production manager with a view to trained them into skilled hand as well as increase production
efficiency.

Manufacturing Process:

The project will produce Exportable Quilt, Pillow and Padding Jacket etc from fabric and Fiber. The manufacturing
process followed by cutting, sewing, crashing & Padding Fiber and Finishing Process. The Raw Materials will get by
Back to Back L/C. After getting the Fabric and Fiber, It will process by different step for making the final product.
After making the final Product, It will finished, then it will packed and then export.

The general flow charts of Quilt Manufacturing process Stated Bellow:

Fabric by Back to Back Fiber by Back to Back

L/C L/C
Cutting
Crashing & Padding
Sewing

Sewing

Quilting

Label Sewing
Packing

Export

Page-12
The general flow charts of Pillow Manufacturing process Stated Bellow:

Fabric by Back to Back Fiber by Back to Back

L/C L/C
Cutting
Crashing & Ball Fiber
Sewing

Sewing

Label Sewing

Packing
Export

Page-13

The general flow charts of Padding Jacket Manufacturing process Stated Bellow:

Fabric by Back to Back Fiber by Back to Back

L/C L/C
Cutting
Crashing & Padding

Sewing

Label Sewing

Packing

Export

Pricing of Raw Materials:

The requirements of main raw materials for the project will be supplied by the Buyer against Back to Back L/C

Out Put Pricing:

The Sale price of any product depends on cost of production quality of product designing price of substitute’s tariff,
rates and price of competitors. The sponsors carefully examination of all this factors and also to make and in road
into a New Market has decided to sets its pricing. The sponsors have verse knowledge about this product.

Marketing:

The project product will be marketing through the following Channels:

Page-14
Profit Analysis:

 Basic Quilt:
Market Average FOB Rate is = $20
Our Hourly Production will be = 22 pics per machine
So, Total Daily Production will be = 22 pic × 2 machines × 9 hours = 396 pics
So, Yearly Production will be = 396 pics × 300 days = 1, 18, 800 pics
Cost for Basic Quilt:
 Raw Materials
  Fiber = 1.7 kg × $2 = $ 3.40
 Fabric = $ 3.80
 Other = $ 2.00
So, Total Raw Materials Cost = $ 9.20
 Labor
 Fiber Crashing & Padding = 04
 Fabric Cutting = 04
 Sewing = 10
 Quilting = 08
 Other = 09
So, Total Labor = 35
If, Per person Average Salary is = Tk. 10, 000 & Monthly Working Days is = 25
Then, per pic salary is = (35 × 10, 000) ÷ (396 × 25)
= Tk. 35.35 = $ 0.45
So, Total cost
Raw Materials = $ 9.20 46.00%
Labor = $ 0.45 02.25%
Overhead = $ 4.00 20.00%
Profit = $ 6.35 31.75%
--------- ----------
$ 20.00 100%

Yearly Profit = $ 6.35 × 1, 18, 800 pics

= $ 754, 380
=Tk. 6, 03, 50, 400 [$1 = Tk. 80]

Page-15

 Fancy Quilt:
Market Average FOB Rate is = $30
Our Hourly Production will be = 15 pics per machine
So, Total Daily Production will be = 15 pic × 4 machines × 9 hours = 540 pics
So, Yearly Production will be = 540 pics × 300 days = 1, 62, 000 pics
Cost for Basic Quilt:
 Raw Materials
 Fiber = 2.7 kg × $2 = $ 05.40
  Fabric = $ 06.50
 Other = $ 02.00
So, Total Raw Materials Cost = $ 13.90
 Labor
 Fiber Crashing & Padding = 04
 Fabric Cutting = 04
 Sewing = 10
 Quilting = 08
 Other = 09
So, Total Labor = 35
If, Per person Average Salary is = Tk. 10, 000 & Monthly Working Days is = 25
Then, per pic salary is = (35 × 10, 000) ÷ (540 × 25)
= Tk. 25.93 = $ 0.32
So, Total cost
Raw Materials = $ 13.90 46.33%
Labor = $ 00.32 01.07%
Overhead = $ 06.00 20.00%
Profit = $ 09.78 32.60%
--------- ----------
$ 30.00 100%

Yearly Profit = $ 9.78 × 1, 62, 000 pics

= $ 1, 584, 360
=Tk. 12, 67, 48, 800 [$1 = Tk. 80]

Page-16

 Pillow Quilt:
Market Average FOB Rate is = $5
Our Hourly Production will be = 208 pics
So, Total Daily Production will be = 208 pic × 1 machines × 9 hours = 1, 872 pics
So, Yearly Production will be = 1, 872 pics × 300 days = 5, 61, 600 pics
Cost for Basic Quilt:
 Raw Materials
 Fiber = 0.5 kg × $2 = $ 01.00
  Fabric = $ 01.50
So, Total Raw Materials Cost = $ 02.50
 Labor
 Fiber Crashing & Padding = 01
 Fabric Cutting = 01
 Sewing = 10
 Machine Man = 02
So, Total Labor = 14
If, Per person Average Salary is = Tk. 7, 000 & Monthly Working Days is = 25
Then, per pic salary is = (14 × 7, 000) ÷ (1, 872 × 25)
= Tk. 2.10 = $ 0.03
So, Total cost
Raw Materials = $ 02.50 50.00%
Labor = $ 00.03 00.06%
Overhead = $ 01.00 20.00%
Profit = $ 01.47 29.94%
--------- ----------
$ 05.00 100%

Yearly Profit = $ 1.47 × 5, 61, 600 pics

= $ 825, 552
=Tk. 6, 60, 44, 160 [$1 = Tk. 80]

Page-17

 Padding Jacket:
Market Average FOB Rate is = $20
Our Hourly Production will be = 35 pics per Lines
So, Total Daily Production will be = 35 pic × 4 Lines × 9 hours = 1260 pics
So, Yearly Production will be = 1260 pics × 300 days = 3, 78, 000 pics
Cost for Basic Quilt:
 Raw Materials
 Fiber = 0.5 kg × $2 = $ 01.00
  Fabric = $ 05.00
 Other = $ 02.00
So, Total Raw Materials Cost = $ 08.00
 Labor
 Fiber Crashing & Padding = 04
 Fabric Cutting = 04
 Sewing = 240
 Other = 12
So, Total Labor = 260
If, Per person Average Salary is = Tk. 7, 000 & Monthly Working Days is = 25
Then, per pic salary is = (260 × 7, 000) ÷ (1260 × 25) = Tk. 57.78 = $ 0.72

So, Total cost

Raw Materials = $ 08.00 40.00%
Labor = $ 00.72 03.60%
Overhead = $ 05.00 25.00%
Profit = $ 06.28 31.40%
--------- ----------
$ 20.00 100%
Yearly Profit = $ 6.28 × 3, 78, 000 pics
= $ 2, 373, 840
=Tk. 18, 99, 07, 200 [$1 = Tk. 80]

Total Yearly Profit (A+B+C+D) = 6, 03, 50, 400 + 12, 67, 48, 800 + 6, 60, 44, 160 + 18, 99, 07, 200

= TK. 44, 30, 50, 560

Note: But, 100 percent capacity utilization is impossible. In these reason, we are expecting that profit should be fall
20%.
So, Total profit will be on an average = TK. 44, 30, 50, 560 – (TK. 44, 30, 50, 560 × 20%)
= TK. 44, 30, 50, 560 – Tk. 8, 86, 10, 112
= Tk. 35, 44, 40, 448

Page-18

List of Importable Machinery (1) :

SL DESCRIPTION
QUENTITY Unit Price Amounts
NO
01 JUKI BRAND MODEL: M06714SBE644H/G39/Q141,
CHINA ASSEMBLED, HIGH-SPEED, 2-NEEDLE, 4- THREAD, 2-LOOPER,OVERLOCK
MACHINE & STANDARD ACCESSORIES COMPT, SET WITH 220V AC 400W CHINA 18 Sets $850.00 $15,300.00
MADE CLUTCH MOTOR, MALAYSIA MADE TABLE & STAND
02 JUKI BRAND MODEL: M06716SDE440H/E35,
CHINA ASSEMBLED, HIGH-SPEED, 2-NEEDLE, 5- THREAD, 3-LOOPER,STITCH
MACHINE WITH STANDARD ACCESSORIES COMPT, SET WITH 220V AC 400W 12 Sets $910.00 $10,920.00
CHINA MADE CLUTCH MOTOR, MALAYSIA MADE TABLE & STAND

03 JUKI BRAND MODEL: DLU5490NBB,

JAPAN MADE, 1-NEEDLE,BOTOM AND VARIABLE TOP FEED LICKSTITCH
MACHINE MACHINE COMPT. SET WITH 220V AC 250W CHINA MADE CLUTCH 34 Sets $1,900.00 $64,600.00
MOTOR, MALAYSIA MADE TABLE & STAND

04 JUKI BRAND MODEL: DDL87007MB/SC920C/M92/CP18A,

CHINA ASSEMBLED, 1-NEEDLE, LOCKSTITCH SEWING MACHINE & STANDARD
ACCESSORIES, WITH AND AUTOMATIC THREAD TRIMMER, COMPT, SET WITH 70 Sets $780.00 $54,600.00
220V AC 400W "JUKI BRAND" CHINA MADE M92 SERVO MOTOR, WITH CP18A
PANEL BOARD, WITH MALAYSIA MADE TABLE & STAND
05 JUKI BRAND MODEL: m06743S1D640H,
CHINA ASSEMBLED, HIGH-SPEED,3-NEEDLE, 6-THREAD, SAFETY STITCH MULTI
PURPOSE OVERLOCK MACHINE & STANDARD ACCESSORIES COMPT, SET WITH 26 Sets $920.00 $23,920.00
220V AC 400W CHINA MADE CLUTCH MOTOR, MALAYSIA MADE TABLE &
STAND
06 JUKI BRAND MODEL: LBH1790S/MC601KSS,
JAPAN MADE, HIGH-SPEED, COMPUTER CONTROLLED LOCKSTICH BUTTON
HOLING MACHINE WITH COMPECT TYPE AC SERVO MOTOR WITH CHINE 4 Sets $5,900.00 $23,600.00
MADE CONTROL BOX, COMPT. SET WITH MALAYSIA MADE TABLE & STAND

07 JUKI BRAND MODEL: LK1903ANSS301/MC598K,

JAPAN MADE, COMPUTER CONTROLLED, HIGH SPEED, LOCKSTICH BUTTON
SWEING & STANDARD ACCESSORIES COMPET.SET WITH COMPACT TYPE AC 4 Sets $4,880.00 $19,520.00
SERVO MOTOR WITH CHINA MADE CONTROL BOX, MALAYSIA MADE TABLE &
STAND
08 JUKI BRAND MODEL: LH3528ASFA00S,
CHINA ACCEMBLED, 2-NEEDLE, NEEDLE FEED, SEMI-DRY-HEAD, LOCKSTITCH
MACHINE STANDARD ACCESSORIES, COMPT. SET WITH 220 V AC 250 W CHINA 4 Sets $1,440.00 $5,760.00
MADE CLUTCH MOTOR, MALAYSIA MADE TABLE & STAND.

09 JUKI BRAND MODEL: LH3568ASF,

CHINA ACCEMBLED, 2-NEEDLE, NEEDLE FEED, SEMI-DRY-HEAD, LOCKSTITCH,
ORGANISED SPLIT NEEDLE BAR MACHINE STANDARD ACCESSORIES, COMPT. 6 Sets $1,880.00 $11,280.00
SET WITH 220 V AC 250 W CHINA MADE CLUTCH MOTOR, MALAYSIA MADE
TABLE & STAND.
10 JUKI BRAND MODEL: MF7523C11B56,
CHINA ACCEMBLED, 3-NEEDLE, 5-THREAD, FLAT BED TOP & BOTTOM COVER
STITCHING MACHINE FOR COLLARETTE ATTACHING & STANDARD 2 Sets $1,300.00 $2,600.00
ACCESSORIES & BINDING, COMPT. SET WITH 220V AC 400W, CHINA MADE
CLUTCH MOTOR, MALAYSIA MADE TABLE & STAND WITH BREAK WHEEL.

Page-19
11 JUKI BRAND MODEL: MF7923U11B56,
CHINA ACCEMBLED, 3-NEEDLE, 5-THREAD, CYLINDER BED TOP 7 BOTTOM
COVER STITCHING MACHINE FOR UNIVERSAL TYPE & STANDARD
ACCESSORIES COMPT. SET WITH 220V AC 400W, CHINA MADE CLUTCH 4 Sets $1,560.00 $6,240.00
MOTOR, MALAYSIA MADE TABLE & STAND WITH BREAK WHEEL.

12 JUKI BRAND MODEL: MF7923G23B56/RB125,

CHINA ACCEMBLED, 3-NEEDLE, 5-THREAD, CYLINDER BED TOP 7 BOTTOM
COVER STITCHING MACHINE WITH LEFT HAND FABRIC TRIMMER & STANDARD
ACCESSORIES WITH TAIWAN MADE RB 125 PNEUMATIC CLOTH CHIP SUCTION 4 Sets $2,500.00 $10,000.00
DEVICE, COMPT. SET WITH 220V AC 400W, CHINA MADE CLUTCH MOTOR,
MALAYSIA MADE TABLE & STAND WITH BREAK WHEEL.
13 KANSAI SPECIAL BRAND MODEL : DFB-1411P-XP,
JAPAN MADE, 11-NEEDLE, 8-THREAD, ELASTIC INSERTING SEWING MACHINE &
1 Set $2,000.00 $2,000.00
STANDARD ACCESSORIES COMPT. SET WITH 220V AC 250W CLUTCH MOTOR,
TABLE & STAND.
14 KANSAI SPECIAL BRAND MODEL : DLR1502I,
JAPAN MADE, 2-NEEDLE, 2 LOOPER, DOUBLE CHAINSTITCH MACHINE FOR
1 Set $1,940.00 $1,940.00
BACK TAPE & STANDARD ACCESSORIES, COMPT. SET WITH 220V AC 250W
CLUTCH MOTOR, TABLE & STAND.
15 JUKI BRAND MODEL: MS1261F/V45S,
JAPAN MADE, 3-NEEDLE, FEED-OFF-THE-ARM, DOUBLE CHAINSTITCH
MACHINE (FOR JEANS) & STANDARD ACCESSORIES, WITH V 045S (TOP ROLLER, 6 Sets $4,100.00 $24,600.00
STEEL) PULLER COMPT. SET WITH 220V AC 250W CHINA MADE CLUTCH
MOTOR, MALAYSIA MADE TABLE & STAND

16 JUKI BRAND MODEL: LH3528AGFA00S,

CHINA ASSEMBLED, 2-NEEDLE, NEEDLE FEED, SEMI-DRY-HEAD, LOCKSTITCH
MACHINE FOR HEAVY- WEIGHT MATERIALS & STANDARD ACCESSORIES, 6 Sets $1,450.00 $8,700.00
COPMT. SET WITH 220V AC 250W CHINA MADE CLUTCH MOTOR, MALAYSIA
MADE TABLE & STAND
17 JUKI BRAND MODEL: LH3568AGF,
CHINA ASSEMBLED, 2-NEEDLE, NEEDLE FEED, SEMI-DRY-HEAD, LOCKSTITCH.
ORGANISED SPLIT NEEDLE BAR MACHINE FOR HEAVY-WEIGHT MATERIALS & 4 Sets $1,850.00 $7,400.00
STANDARD ACCESSORIES, COPMT. SET WITH 220V AC 250W CHINA MADE
CLUTCH MOTOR, MALAYSIA MADE TABLE & STAND

18 JUKI BRAND MODEL: MH380FU,

JAPAN MADE, HIGH SPEED, FLAT BED, PARALLEL, 2-NEEDLE, DOUBLE
CHAINSTITCH MACHINE & STANDARD ACCESSORIES, COPMT. SET WITH 220V 6 Sets $2,750.00 $16,500.00
AC 250W CHINA MADE CLUTCH MOTOR, MALAYSIA MADE TABLE & STAND

19 JUKI BRAND MODEL: DDL87007WB/SC920C/M92/CP18A/PL PULLER,

CHINA ASSEMBLED, 1-NEEDLE, LOCKSTITCH SEWING MACHINE & STANDARD
ACCESSORIES, WITH AN AUTOMATIC THREAD TRIMMER, COMPT. SET WITH
220V AC 400W "JUKI BRAND" CHINA MADE SC920C CONTROL BOX & TAIWAN
MADE M 92 SERVO MOTOR, WITH CP18A PANEL BOARD, WITH RACING 12 Sets $1,450.00 $17,400.00
BRAND PULLER (rEGULAR SIZE OF ROLLER) WITH MALAYSIA MADE TABLE &
STAND.

20 K.M. BRAND MODEL: KM KS-AU-V 8",

JAPAN MADE, CLOTH CUTTING MACHINE, COMPT. SET 2 Sets $1,250.00 $2,500.00

21 K.M BRAND MODEL: KS.AU-V-10",

JAPAN MADE, CLOTH CUTTING MACHINE, COMPT. SET 2 Sets $1,280.00 $2,560.00

Page-20

22 EASTMAN BRAND MODEL: EC-3N-S,

TAIWAN MADE, MANUAL END CUTTER MACHINE 1 Set $480.00 $480.00

23 TOYO BRAND MODEL: SM-802A,

TOYO BRAND, CHINA, RIP CUTTING MACHINE, COMPT. SET TABLE, STAND &
2 Sets $940.00 $1,880.00
MOTOR

24 NGAI SHING BRAND MODEL: NS-54,

CHINA MADE, THREAD CLEANING MACHINE 1 Set $1,500.00 $1,500.00
 25 HASHIMA BRAND MODEL: HW-20C,
CHINA MADE, THREAD WINDING MACHINE WITH COMPT. SET.
1 Set $510.00 $510.00

26 HASHIMA BRAND MODEL: HP-450MS,

CHINA MADE, COMPACT FUSING PRESS(W:450MM AND STRIP OFF DEVICE)
1 Set $2,750.00 $2,750.00

27 VELT BRAND MODEL: AS-1450,

SOUTH KOREA, ALL STEAM IRON. 12 Sets $190.00 $2,280.00

28 VELT BRAND MODEL: COOLSET CST ST,

CHINA MADE, VACUUM TABLE (TABLE SURFACE 130X 80 CM)
6 Sets $580.00 $3,480.00

29 TSSM BRAND MODEL: TS-311A,

CHINE MADE, SNAP BUTTON ATTACHING MACHINE COMPLETE SET. WITH
4 Sets $380.00 $1,520.00
220V AC TABLE STAND & MOTOR

30 UZU BRAND MODEL: UZ-12JN,

UZU BRAND, THAILAND MADE, THREAD SUCTION MACHINE
1 Set $1,450.00 $1,450.00

31 Accessories 1 Set $52,168.00 $52,168.00

Total 258 $399,958.00

Page-21

List of proposed Imported Machinery (2)

SL NO: Description Model Quantity Brand Unit Price Amounts

Single Head Computerized
1 HXD26 4 $83,500.00 $334,000.00
Quilting Machine
Ball Fiber Machine 200Kg Per
2 1 $61,200.00 $61,200.00
Hour
 3 Pillow Filling Machine 1 $61,200.00 $61,200.00
Automatic Pillow Compress
4 1 $18,500.00 $18,500.00
Machine
5 Wast Edge Crushing Machine 1 $68,000.00 $68,000.00
Automatic Quilt Production
6 1 $545,000.00 $545,000.00
Line Machinery
Automatic Quilt Production
7 1 $565,000.00 $565,000.00
Line Machinery(Bobbin Type)
Multi Needle Quilting
8 94" 1 $147,000.00 $147,000.00
Machine (Computerized)
Multi Needle Quilting
9 64" 1 $138,000.00 $138,000.00
Machine (Computerized)
10 Bobbin Machine 2 $20,000.00 $40,000.00
Conveyor Type Needle HY-600A, HY-
11 1 $20,000.00 $20,000.00
Detector 600C
Micro-Computer Tensil Test
12 HY950B 1 $2,166.00 $2,166.00
Machine
13 Thickness Guage SM-112 1 $1,092.00 $1,092.00
14 Diesel Generator 300 KVA 1 $50,000.00 $50,000.00
15 Accessories 1 $307,673.00 $307,673.00
Total 19 $2,358,831.00

Page-22

List of proposed Local (Electric) Machinery

SL NO: Description Model Quantity Brand Unit Price Amounts

Transformer-
1 1 Set 2,100,000.00 2,100,000.00
300 KVA
2 PFI -350 KVA 1 Set 1,700,000.00 1,700,000.00
 Switch Gayer
3 2 Sets 1,100,000.00 2,200,000.00
(LT & HT)
HT wire (3
4 Core, 1100 95 RM 150 Sets 9,000.00 1,350,000.00
KVA)
5 Change Over 2 Sets 150,000.00 300,000.00
Wire, Security
Light-30PCS,
Floor Light-
1700PCS, Floor
6 Fan-1500PCS, 6,000,000.00 6,000,000.00
Circuit Breaker
and other
electric
equipmen
7 Adjust Fan 16 Sets 25,000.00 400,000.00
Sub marshal
8 2 Sets 350,000.00 700,000.00
pump
Total 14,750,000.00

Page-23

List of proposed Fire Fighting

SL Description Model Quantity Brand Unit Price Amounts

NO:
Fire Fighting
1 6 300,000.00 1,800,000.00
hose pipe
Fire Fighting
2 Gas for 30 15,000.00 450,000.00
electric
Fire Fighting
3 Gas for 30 15,000.00 450,000.00
normal
4 Pot for sand 36 1,000.00 36,000.00
5 Mask 150 500.00 75,000.00
6 Helmet 50 2,000.00 2,000.00
Total 302 2,813,000.00

Page-24

List of proposed Vehicle

SL
Description Model Quantity Brand Unit Price Amounts
NO:
1 Pic up van 1 Set Jac 2,500,000.00 2,500,000.00
Total 1 Set 2,500,000.00
 List of proposed Industrial Furniture

SL
Description Model Quantity Brand Unit Price Amounts
NO:
Cloth
1 Inspection 4 Sets 35,000.00 140,000.00
Table
Cloth Cutting
2 4 Sets 45,000.00 180,000.00
Table
Light Check
3 2 Sets 25,000.00 50,000.00
Table
4 Iron Table 4 Sets 25,000.00 100,000.00
Tool for
5 100 Sets 1,000.00 100,000.00
Operator
6 Chair & Table 12 Sets 5,000.00 5,000.00
Inspection
7 2 Sets 20,000.00 40,000.00
Table
Total 128 615,000.00

Page-25

List of proposed Office Furniture & Equipment

SL
Description Model Quantity Brand Unit Price Amounts
NO:
Conference
1 1 Set 30,000.00 30,000.00
Table
2 Conference 10 Sets 5,000.00 50,000.00
 Room Chair
Executive
3 6 Sets 15,000.00 90,000.00
Table
Executive
4 6 Sets 5,000.00 30,000.00
Chair
Computer
5 2 Sets 250,000.00 500,000.00
Server
6 Server Box 1 Set 80,000.00 80,000.00
7 Computer 15 Sets 45,000.00 675,000.00
8 PABX 1 Set 40,000.00 40,000.00
Telephone
9 18 Sets 4,000.00 72,000.00
Set
10 Air Condition 6 Sets 150,000.00 900,000.00
11 Fan 10 Sets 3,500.00 35,000.00
12 File Cabinet 1 Set 60,000.00 60,000.00
13 Almirah 2 Sets 30,000.00 60,000.00
14 Locker 1 Set 40,000.00 40,000.00
Leaser
15 1 Set 150,000.00 150,000.00
Printer
Photocopy
16 1 Set 250,000.00 250,000.00
Machine
Sufa with
17 1 Set 200,000.00 200,000.00
Table
Total 83 3,262,000.00

Page-26

Factory & Office Furniture :

The project will Require an amount of Tk. 10.00 lac which are given below :

Description Qty Total Price

Executive table 10 Nos.
Executive chair 10 Nos.
Conference table L/S
 Officers table 20 Nos.
Officers chair 20 Nos.
Visitors chair 36 Nos.
Table & chair for different production floor 20 Set
Computer & Printer, Laptop, ERP solution, Server & Voltage 01 Lot
stabilizer
Split type A.C 10 Set
File Cabinet 20 Set
Steel Almirah 10 Set
Factory Production Furniture 01 Lot
Total 10,00,000.00

Page-27

UTILITY

Power :

The maximum demand of electricity for the project will be 300 KW / hr. The main source of power
will be from REB. The project will also be equipped with a Diesel Generator having capacity 300
KVA. The Generator will be used when electricity will fail. The project will also be equipped with
Electric Distribution System for supplying electricity to every machine of the project.

Water :
Water will be found from projects own Deep Tube -well.
Fuel and Lubricants:
Description Requirement per annum
Lubricants & Machine oil 4500 liter
Grease 1150 liter
Petrol /Diesel 12000 liter
Grease, Lubricants, Fuel etc. 15.00 Lac

Electricity: (240 KW/Hr X 24 X 300 X 8.10) = 139.96 Lac

Total Cost of Utility = 154.96 Lac

Page-28

ECONOMIC REPORT
Employment Generation : 350 Nos 0

Choice of Technique : Based on simplicity & easy availability of required manpower

Source of procurement :
Imported
Local (%) (%)
(a) Machinery 8% 92%

(b) Raw material 9% 91%

Location of the unit :

(a) Developed Area Yes/No : YES

(b) Less Developed Area Yes/No : NO

(c) Least Developed Area Yes/No : NO

Intermediate Goods Consumed : (Tk.inLac)
1st year 2nd year 3rd year
(a) Raw materials 4030.00 4340.00 4650.00
(b) Utilities 78.00 84.00 90.00
(c) Depreciation & maintenance 357.27 360.27 363.27
(d) Printing, stationery 10.00 12.00 14.00
(e) Transportation charges 10.00 12.00 14.00
(f) Misc. expenses 15.00 16.00 17.00
Total : 4500.27 4824.27 5148.27

Project's Contribution to
GNP :
1st year 2nd year 3rd year
Sales 7078.50 7694.50 8244.50

Less intermediate good consumed 4500.27 4824.27 5148.27

Value added to GNP 2578.23 2870.23 3096.23

Page-29

FINANCIAL REPORT
The project cost : Equity Bank-debt Total
Item
a) Land 65.00 0.00 65.00
b) Land improvement 50.00 0.00 50.00
c) Building 975.73 324.27 1300.00
d) Other civil works 250.00 0.00 250.00
e) Imported machinery 207.00 2000.00 2207.00
f) Local machinery 20.00 180.00 200.00
g) Duty & other charges 110.35 0.00 110.35
h) Internal freight 10.00 0.00 10.00
i) Furniture & Fixture 10.00 0.00 10.00
j) Erection, installation & security 30.00 0.00 30.00
 deposit for electric power & gas
k) Development cost :
i) Interest during construction period 0.00 0.00 0.00
ii) Preliminary and startup expenses 10.00 0.00 10.00
l) Contingencies :
i) For machinery 0.00 110.35 110.35
ii) For building 0.00 0.00 0.00
Total fixed cost of the 1738.08 2614.62 4352.70
project :

Page-30
Estimated Income Statement :
(Tk. in Lac)
Estimated Income Statement : 1st year 2nd year 3rd year
SALES : 7078.50 7694.50 8244.50
(65%) (70%) (75%)
COST OF SALES :
* Raw material 4030.00 4340.00 4650.00
* Direct labor 298.00 70.68 70.68
* Manufacturing overheads 155.43 168.43 181.43
* Depreciation 345.27 345.27 345.27
COST OF PRODUCTION 4828.70 4924.38 5247.38
Inventory adjustments (+/-) 0.00 0.00 0.00
TOTAL COST OF SALES 4828.70 4924.38 5247.38
GROSS PROFIT 2249.80 2770.12 2997.12
OPERATING EXPENSES
* Administrative & general 80.00 87.25 94.61
expenses
* Selling expenses,at the rate of 0.00 76.95 82.45
1%
TOTAL OPERATING 80.00 164.20 177.06
EXPENSES
OPERATING PROFIT 2169.80 2605.92 2820.06
NON-OPERATING
EXPENSES
* Interest on : Long/Medium & short 215.30 215.30 215.30
term debt.
* Amortization of preliminary expenses 2.00 2.00 2.00
& IDCP
TOTAL NON-OPERATING 217.30 217.30 217.30
EXPENSES
NET OPERATING PROFIT 1952.50 2388.62 2602.76
Govt. Bond purchase @ 30% 585.75 716.59 780.83
NET OPERATING PROFIT AFTER BOND 1366.75 1672.03 1821.93
PURCHASE
INCOME FROM BOND 0.00 27.68 61.54
NET PROFIT 1366.75 1699.71 1883.47

Page-31

[Tk.in Lac]
SCHEDULE OF LONG/MEDIUM TERM LOAN AMORTIZATION

1 Rate of interest : 15.5 % per annum calculated half-yearly

2 Construction period : 0 months form the date of opening of
L/c or 1st disbursement
3 Grace period : 0 month(s)
Intt. of Grace period (in
4 Tk.) : 0.00
5 Term loan without capitalization
of grace period intt. : 2614.62 Lac

A. FOR CAPITAL LOAN :

Repayment Repayment Instalment

Instalment Months Residual of of due
(Halfyearly Principal interest
) after principal due due
 disbursement
1st 6 2614.62 163.41 107.65 271.06
2nd 12 2451.21 163.41 107.65 271.06
3rd 18 2287.80 163.41 107.65 271.06
4th 24 2124.39 163.41 107.65 271.06
5th 30 1960.98 163.41 107.65 271.06
6th 36 1797.57 163.41 107.65 271.06
7th 42 1634.16 163.41 107.65 271.06
8th 48 1470.75 163.41 107.65 271.06
9th 54 1307.34 163.41 107.65 271.06
10th 60 1143.93 163.41 107.65 271.06
11th 66 980.52 163.41 107.65 271.06
12th 72 817.11 163.41 107.65 271.06
13th 78 653.70 163.41 107.65 271.06
14th 84 490.29 163.41 107.65 271.06
15th 90 326.88 163.41 107.65 271.06
16th 96 163.41 163.41 107.65 271.06

B. INTEREST OF WORKING CAPITAL : 1st yr 2nd yr 3rd yr

Value of interest (in Tk.) : 0.00 0.00 0.00

Page-32

WORK SHEET ON BREAK-EVEN ANALYSIS :

[Tk.in Lac]
Operating capacity assured (3rd yr) 75%
1 Total sales revenue (inTk.) 8250.00

2 Variable cost (in Tk.) :

Raw materials 4650.00
Direct Labor 70.68
Selling expenses 82.45
Spares and Store 14.00
Utilities 90.00
Total 4907.15

3 Fixed cost (in Tk.) :

 Depreciation & amortization 347.27
Administrative expenses 49.61
Financial expenses (Intt.) 215.30
Total 612.18

4 Annual Regulated cost (in Tk.) :

General expenses 45.00

Repair & maintenance 18.00
Total 63.00

(Total regulated cost is distributed equally to fixed and variable cost)

Total fixed cost (in Tk.) : 643.68

Total variable cost ( in Tk.) : 4938.63

Break-even sales = 1603.67 Lac

i) Break-even sales value (Tk.) 1603.67Lac

ii) Break-even capacity of operation (%) 19.44% of assumed capacity

14.58% of installed capacity

Page-33

DETERMINATION OF IRR

Year Net Receipt D.F. at 30 % P.V. at 30% D.F. at 40% P.V. at 40%
0 -4342.70 1.00 -4342.70 1.00 -4342.70
1 2515.07 0.80 2012.06 0.741 1863.67
2 2951.19 0.64 1888.76 0.549 1620.20
3 3165.33 0.512 1620.65 0.406 1285.12
4 3165.33 0.41 1297.79 0.301 952.76
5 3165.33 0.328 1038.23 0.223 705.87
6 3165.33 0.262 829.32 0.165 522.28
7 3165.33 0.21 664.72 0.122 386.17
8 3165.33 0.168 531.78 0.091 288.05
9 3165.33 0.134 424.15 0.067 212.08
10 3165.33 0.107 338.69 0.05 158.27
 11 1155.77 0.086 99.40 0.037 42.76
N.P.V.= 6402.85 N.P.V.= 3694.53

IRR = LDR+NPVat LDR / (Abs.Value of NPV's) x Diff. of HDR & LDR= 50%

Salvage / Residual Value :

Land , @ 100% = 115.00
Building , @ 50% = 775
Machinery , @ 10% = 265.77
Total : 1155.77

Page-34

CASH FLOW STATEMENT

SOURCES OF FUNDS Implementation

period 1st year 2nd year 3rd year
Operating profit 2169.80 2605.92 2820.06
Add back : Depreciation 345.27 345.27 345.27
* Cash Generated from operation 2515.07 2951.19 3165.33
* Other income 0.00 0.00 0.00
* Increase in current liabilities 0.00 0.00 0.00
* Decrease in current assets 0.00 0.00 0.00
* Bank's Long/Medium & short term loan 2614.62 0.00 0.00 0.00
* Borrowers own contribution 1743.08 0.00 0.00 0.00
TOTAL SOURCE OF FUNDS 4357.70 2515.07 2951.19 3165.33
APPLICATION OF FUNDS :
Investment in fixed assets 4342.70 0.00 0.00 0.00
* Interest during construction 0.00 0.00 0.00 0.00
* Preliminary expenses 10.00 0.00 0.00 0.00
* Repayment of LTD 326.82 326.82 326.82
* Interest of LTD & STD 215.30 215.30 215.30
* Repayment of Taxes 0.00 0.00 0.00
* Increase in current assets 5.00 1.00 1.00 0.00
* Decrease in current
liabilities
* Increase in investment
APPLICATION OF FUNDS 4357.70 543.12 543.12 542.12
Cash surplus/(Deficit) for the
year 0.00 1971.95 2408.07 2623.21
Opening cash balance 0.00 0.00 1971.95 4380.02
Closing cash balance 0.00 1971.95 4380.02 7003.23

Page-35
ESTIMATED BALANCE SHEET :
ASSETS Implementation
period 1st year 2nd year 3rd year
Cash & Bank balance 0.00 1971.95 4380.02 7003.23
Account Receivables 0.00 0.00 0.00 0.00
Inventories :
Raw materials 0.00 0.00 0.00 0.00
Finished goods 0.00 0.00 0.00 0.00
Store & Spares 5.00 6.00 7.00 7.00
Other prepayments 0.00 0.00 0.00 0.00
Total current assets 5.00 1977.95 4387.02 7010.23
FIXED ASSETS AT COST 4342.70 4342.70 4342.70 4342.70
Accumulated
Less: Depreciation 0.00 345.27 690.54 1035.81
Net Fixed Assets 4342.70 3997.43 3652.16 3306.89
OTHER ASSETS :
Preliminary & start-up 10.00 8.00 6.00 4.00
expenses
Interest during construction 0.00 0.00 0.00 0.00
Total other assets 10.00 8.00 6.00 4.00
TOTAL ASSETS 4357.70 5983.38 8045.18 10321.12
LIABILITIES & EQUITY :
Current liabilities :
Accounts and expenses
payable 0.00 0.00 0.00
Short term debt 0.00 0.00 0.00
Taxes payable 0.00 0.00 0.00
Current maturities of
long/short debts 0.00 0.00 0.00
Total current liabilities 0.00 0.00 0.00
Long-term liabilities :
Bank's long term loan 326.82 326.82 326.82
Other long term loan if any 0.00 0.00 0.00
Total long/ Medium & short term liabilities 2614.62 2287.80 1960.98 1643.16
TOTAL LIABILITIES
EQUITY :
Owner's investment 1743.08 1743.08 1743.08 1743.08
Retained earning 0.00 1952.50 4341.12 6943.88
Total Equity 1743.08 3695.58 6084.20 8686.96
Total Liabilities & Equity 4357.70 5983.38 8045.18 10321.12

Page-36

COST BENEFIT ANALYSIS

Capital D.F. at D.F. at P.V. of

Year Cost Operating Total 15% P.V. of P.V. of 15% Revenue
cost cost cost Revenue
0 4342.70 0.00 4342.70 1.00 4342.70 0.00 1.00 0.00
1 0.00 4563.43 4563.43 0.87 3970.18 7078.50 0.87 6158.30
2 0.00 4743.31 4743.31 0.76 3585.94 7694.50 0.76 5817.04
3-10 0.00 5079.17 5079.17 3.39 17218.39 8244.50 3.39 27948.86
11 0.00 0.00 0.00 0.00 0.00 1155.77 0.22 254.27
Total: 29117.21 40178.46

Benefit Cost Ratio (BCR) = 1.38 : 1.00

 Page-37

13. Estimated operating results:

Operating Years
1st year 2nd year 3rd year
(65%) (70%) (75%)
Sales 7078.50 7694.50 8244.50
Gross Profit 2249.80 2770.12 2997.12
Gross profit to sales or Turnover (%) 31.78% 36.00% 36.35%
Operating profit 2169.80 2605.92 2820.06
Operating profit to sales (%) 30.65% 33.87% 34.21%
Net profit to sales (%) 19.31% 22.09% 22.85%
Net profit to equity (%) 78.41% 97.51% 108.05%
Debt /Equity Ratio 60 : 40
Debt service coverage (times) 3.56x 4.17x 4.51x
 Internal rate of return (IRR) Above 50%
Break even capacity of 3rd yr-operation 19.44%
Benefit cost ratio 1.38 : 1.00
Break even to sales (in Tk.) 1603.67
Contribution to GDP (in Tk.) 2578.23 2870.23 3096.23
Per Capita Investment & Employments Tk. 12.38 lac 350 Nos
Date & Time of ghe Appraisal 1-1-08 12:25 AM

Page-38

12. Manufacturing overheads : (Tk. in lac)

1st year 2nd year 3rd year
a) Stores and spares 10.00 12.00 14.00
b) Repair & maintenance
i) Machinery 10.00 12.00 14.00
ii) Building 2.00 3.00 4.00
c) Ulilities 78.00 84.00 90.00
d) Rent, tax & insurance etc. 43.43 43.43 43.43
e) other overheads 12.00 14.00 16.00
Total Manufacturing overheads: 155.43 168.43 181.43

13. Derpreciation;
(a) Building, @ 5% Tk. 77.50
(b) Machinery, @ 10% Tk. 265.77
(c) Furniture, @ 20% Tk. 2.00
Total : Tk. 345.27

Total depreciation is equal to : Tk. 345.27

 Page-39
14.
[
Sales Estimate:
1st year 2nd year 3rd year
Sales value at capacity utilixation 7150.00 7700.00 8250.00
Work in process (WIP) 3 days 71.50 77.00 82.50
Difference between closing and opening 70.50 5.50 5.50
inventory of WIP
Value of finished goods available for sale 7078.50 7694.50 8244.50
Closing inventory of F.G 0 days 0.00 0.00 0.00
Difference between closing inventory of F.G 0.00 0.00 0.00
Value of finished goods sold 7078.50 7694.50 8244.50
15. Administrative Expenses: 45.00 47.25 49.61
16. General expenses:
i) Postage, telephone, telegram etc 10.00 12.00 14.00
ii) Stationery & printing 10.00 12.00 14.00
iii) other 15.00 16.00 17.00
Total; 35.00 40.00 45.00
17. Selling expenses: 0.00 76.95 82.45
18. Financial expenses:
Principal of L.T.D 326.82 326.82 326.82
Interest 215.30 215.30 215.30
Premium/Service charge for foreign 0.00 0.00 0.00
currency loan
Interest of W.C.D 0.56 0.67 0.78
Total financial expenses Tk. 542.12 542.12 542.12
19. Amortization :
a) Preliminary & start-up expenses 2.00 2.00 2.00
b) Interest during construction period 0.00 0.00 0.00
20. Inventory of raw material spares and 6.00 7.00 7.00
accessories to be maintained