Washing Plant

25000 Pices Denim/day

Project Cost & Working Capital Assessment

Particulars Amount in BDT

Land 350,000,000
Prefabricated still Building (25000 sq.f) 30,000,000
Imported Machinery 57,500,000
Local Machinery 17,000,000
Vehical 3,000,000
Furniture & Fixture 1,000,000
Pre-Operating Expences 6,000,000
Total Fixed Cost 464,500,000
Working Capital 19,038,725
Total Project Cost 483,538,725

Break Up of Working Capital

Working Capital Days Amount in BDT

Chemicals 60 7,358,725
Direct Labour 60 4,180,000
Overhead Expenses 60 7,500,000
Total Working Capital of the Project 19,038,725
 Washing Plant
25000 Pices Denim/day
Cost Financing Pattern

Particulars Equity Bank Loan Amount in Tk.

Land 350,000,000 - 350,000,000
100% 0%
Prefabricated still Building (25000 sq.f) 3,000,000 27,000,000 30,000,000
10% 90%
Imported Machinery 5,750,000 51,750,000 57,500,000
10% 90%
Local Machinery 1,700,000 15,300,000 17,000,000
10% 90%
Vehical 300,000 2,700,000 3,000,000
10% 90%
Furniture & Fixture 100,000 900,000 1,000,000
10% 90%
Pre-Operating Expences 600,000 5,400,000 6,000,000
10% 90%

Total Fixed Cost 361,450,000 103,050,000 464,500,000

77.81% 22.19% 100%

Working Capital 1,903,873 17,134,853 19,038,725

10% 90% 100%

Total Project Cost 363,353,873 120,184,853 483,538,726

75.14% 24.86% 100%
 Washing Plant
25000 Pices Denim/day
Security For the Project

Particulars Amount in BDT

Land and Land Development 350,000,000
Building & Other Civil Construction 30,000,000
Machinery & Equipment 78,500,000
Stock in Trade & Receivable

Total Project Security 458,500,000

 Washing Plant
25000 Pices Denim/day
Financial Statement

Taka
Notes
P-1
ASSETS

Non-Current Assets
Property, Plant & Equipment 444,650,000
Total Non-Current Assets 444,650,000

Current Assets
Accounts Receivable 38,940,000
Cash & Cash equivalent 30,218,762
Total Current Assets 69,158,762

Total Assets 513,808,762

EQUITY

Shareholders' Equity
Proceed Capital 363,353,873
Retained Earnings 37,697,316
Total Equity 401,051,190

LIABILITIES

Non-Current Liabilites
Accounts Payable 8,830,470
Long Term Loan 86,792,250
95,622,720
Current Liabilities
Short Term Loan 17,134,853
Total Current Liabilities 17,134,853

Total Equity and Liabilities 513,808,762

-
 Washing Plant
25000 Pices Denim/day
Statement of Profit & Loss Accounts

P-1 %
TAKA P-1

Revenue 1.00 194,700,000

Cost of Goods Sold 2.00 114,232,350 59%

Gross Profit 80,467,650 41%

Operating Expenses 3.00 29,550,000 15%

Financial Expenses 4.00 13,220,334 7%

Profit before Tax 37,697,316 19%

Income Tax 13194061 7%

Net Profit 24,503,256 13%

 Washing Plant
25000 Pices Denim/day
Notes

P-1
Unit Quantity Rate TAKA
(80% Utilization)
1.00 Revenue
Denim Pant Pices 3,300,000 35 115,500,000
Twill Pant/Canvas Pices 2,310,000 15 34,650,000
Dyeing Pices 990,000 45 44,550,000
Total 194,700,000

2.00 Cost Of Goods Sold

Raw Materials (2.01) 44,152,350
Direct Labour (2.02) 25,080,000
Overhead Expenses (2.03) 45,000,000
Total 114,232,350

2.01 Raw Materials

Denim Pant
Stone (0.25 kg/pic) kg 825000 20 16500000
Soda ash (90 gm/pic) kg 29700 30 891000
Brightner (2 gm/pic) kg 6600 200 1320000
Bleach (20 gm/pic) kg 66000 50 3300000
Acid (2 gm/pic) kg 6600 70 462000
Anti Stain (2 gm/pic) kg 6600 120 792000
Hypo (6 gm/pic)) kg 19800 40 792000

Twill Pant/Canvas
Enzyme (5 gm/pic) kg 11550 400 4620000
Softner (3 gm/pic) kg 6930 225 1559250
Silicon (4 gm/pic) kg 9240 350 3234000

Dying
Soda (13 gm/pic) kg 12870 30 386100
Detergent (3 gm/pic) kg 2970 350 1039500
Salt (100 gm/pic) kg 99000 30 2970000
Softner (2 gm/pic) kg 1980 225 445500
Silicon (4 gm/pic) kg 3960 350 1386000
Dyes (3 gm/pic) kg 2970 1500 4455000
Total 44,152,350

2.02 Direct Labour

Production Manager 12 1 60000 720000
Chemist 12 1 100000 1200000
Lab Incharge 12 2 30000 720000
Lab Assistance 12 1 15000 180000
Shift Incharge 12 2 30000 720000
Machanics 12 1 40000 480000
Machanics Assistance 12 1 15000 180000
Electrician 12 2 30000 720000
Electrician Assistance 12 1 15000 180000
Dry Process Incharge 12 2 50000 1200000
Dry Process Assistance 12 1 20000 240000
Dyeing Master 12 2 50000 1200000
Dyeing Assistance 12 2 15000 360000
Dryer Operator 12 5 15000 900000
Dryer Helper 12 8 10000 960000
 Sample Incharge 12 3 30000 1080000
Sample Man 12 5 20000 1200000
Sample Assistance 12 3 10000 360000
Supervisor 12 6 30000 2160000
Quality Inspector 12 9 15000 1620000
Quality Incharge 12 1 25000 300000
Machine Operator 12 15 15000 2700000
Delivery Incharge 12 1 30000 360000
Delivery man 12 6 15000 1080000
Guard 12 8 10000 960000
Security Supervisor 12 1 15000 180000
Helper 12 20 10000 2400000
Driver 12 2 15000 360000
Cleaner 12 3 10000 360000
Total 25,080,000

2.03 Overhead Expenses

Maintanance 15000000
Utilities 20000000
Other Overhead 10000000
Total 45,000,000
 P-1
Unit Quantity Rate TAKA

3.00 Operating Expenses

Salary (3.01) 4,500,000
Depreciation (3.02) 13,850,000
Amortization of Pre-Operatong Expenses (3.03) 1,200,000
Miscellaneous Expense 10,000,000
Total 29,550,000

3.01 Salary
Managing Director 12 1 100000 1200000
COO 12 1 100000 1200000
DGM 12 1 100000 1200000
Asst. Manager 12 2 35000 840000
Marketing Executive 12 3 30000 1080000
Store Keeper 12 3 20000 720000
Accountant 12 3 25000 900000
Guard 12 3 10000 360000
Driver 12 2 15000 360000
Office Assistant 12 2 10000 240000
Total 4500000

3.02 Fixed Asset & Depreciation Schedule

Machinery & Equipment 7,450,000
Building & Other Civil Construction 6,000,000
Vehicle 300,000
Furniture and Fixtures 100,000
Total 13,850,000

3.03 Amortization of Pre-Operatong Expenses

Pre-Operatong Expenses 1,200,000
1,200,000

4.00 Financial Expenses

Interest on Bank Loan 120184852.5 0.11 13,220,334
Total 13,220,334
 Washing Plant
25000 Pices Denim/day
Statement of Cash Flow
Taka
P-1

A. Cash Flows from Operating Activities

Net profit/(loss) for the Year 37,697,316

Depreciation of Property, Plant and Equipment 13,850,000
Increased of Accounts Receivable (38,940,000)
Increased of Accounts Payable 8,830,470
Net Cash from Operating Activities 21,437,786

B. Cash Flows from Investing Activities

Purchase of Property, Plant and Equipment (458,500,000)

Net Cash used in Investing Activities (458,500,000)

C. Cash Flows from Financing Activities

Proceed Capital 363,353,873
Long Term Loan 103,050,000
Short Term Loan 17,134,853
Repayment of LT Loan (16,257,750)

Net Cash used in Financing Activities 467,280,976

Net Increase in Cash and Cash Equivalents (A+B+C) 30,218,762

Opening Balance of Cash and Cash Equivalents -

Closing Balance of Cash and Cash Equivalents 30,218,762

The accompanying notes form an integral part of the Financial Statements.

This is the Statement of Cash Flows referred to in our separate report of even date.
 Annexure-A
Washing Plant
25000 Pices Denim/day
Schedule of Non-current Assets
As on Projected Year P-1

COST DEPRECIATION
Rate of
Disposal Written Down
Name of Non-current Assets Addition during Depriciation Charged during Accumulated
Opening Balance during the Closing Balance Opening Balance Value
the year % the year depreciation
year
Taka Taka Taka Taka Taka Taka Taka Taka
Land 350,000,000 350,000,000 - 350,000,000
Prefabricated still Building (25000 sq.f) 30,000,000 30,000,000 20% 6,000,000 6,000,000 24,000,000
Imported Machinery 57,500,000 57,500,000 10% 5,750,000 5,750,000 51,750,000
Local Machinery 17,000,000 17,000,000 10% 1,700,000 1,700,000 15,300,000
Vehical 3,000,000 3,000,000 10% 300,000 300,000 2,700,000
Furniture & Fixture 1,000,000 1,000,000 10% 100,000 100,000 900,000
Total Fixed asset 458,500,000 458,500,000 13,850,000 13,850,000 444,650,000
 Washing Plant
25000 Pices Denim/day
Imported & local Machinery

Particulars Imported Local

Imported Machinery (8 front loading & 3 bally ty 30,000,000
Electrical Wearing 2,000,000
Submarchible Pump & Plambing (2 No.) 1,500,000

Water Resvoir, Soearage & drainage 1,500,000

ETP (20000 L/hur) 15,000,000
Hydro (4 no.) Imported 2,000,000
Steam Drier & Oven (10 No. & 1 No.) 5,000,000
Dry Process Equipment (Local & Imported) 1,500,000 1,000,000
QC Lab 1,000,000
QC Table, Compressor & Trolly 1,000,000
3 Ton Boiler (Duel Fuel - Korean) 5,500,000
Hot Water Pump for Condenset, Tank & Plumbing 1,000,000
500 kva Transformer 2,000,000
500 kva Genarator (Used) 2,000,000
Fire Hydrant 2,500,000
Total Fixed Cost 57,500,000 17,000,000
 Washing Plant
25000 Pices Denim/day
Personal Fixed Aset of Directors

SL Name Quantity Address Value

Total 0 -