CORRECT OPERATING STATEMENT

JAIN RESORT
31.03.2021 31.03.2022 31.03.2023 31.03.2024
Estimate Projections Projections Projections
1 GROSS SALES
Domestic Sale (excl. sales returns and
(i) interdivisional sales) 73.73 88.13 96.94 102.76
(ii) Export Sale 0.00 0.00 0.00 0.00
Total 73.73 88.13 96.94 102.76
2 Less: Excise Duty 0.00 0.00 0.00 0.00
3 Net Sales ( 1 - 2 ) 73.73 88.13 96.94 102.76

4 % age rise (+) or fall (-) 19.53 10.00 6.00

in net sales compared
to previous year
5 Cost of Sales
(i) Raw Material Consumed (including
stores & other items
used in the process
of manufacture)
(a) Imported 25.80 30.36 34.96 37.05
(b) Indigenous 5.57 5.94 6.04 6.16
(ii) Other Spares
(a) Imported 0.00 0.00 0.00 0.00
(b) Indigenous 0.00 0.00 0.00 0.00
(iii) Power & Fuel 0.00 0.00 0.00 0.00
(iv) Direct Labour (Factory wages & salaries) 11.75 12.34 12.95 13.60
(v) Other Manufacturing Expenses 1.20 1.22 1.24 1.28
(vi) Depreciation 3.23 2.69 2.53 2.38
(vii) Sub Total ( i to vi ) 47.55 52.55 57.72 60.47
 (viii Add: Opening Stock in process 0.00 0.00 0.00 0.00
(ix) Deduct: Closing Stock in process 0.00 0.00 0.00 0.00
(x) Cost of Production 47.55 52.55 57.72 60.47
(xi) Add: Opening Stock of finished goods 0.00 0.00 0.00 0.00
Sub Total 47.55 52.55 57.72 60.47
(xii) Deduct: Closing Stock of finished goods 0.00 0.00 0.00 0.00
(xiii Sub-Total (Total Cost of Sales) 47.55 52.55 57.72 60.47
6 Selling, General & Admn. Exp. 0.54 0.59 0.65 0.72
7 Sub-Total (5+6) 48.09 53.14 58.37 61.19
8 Operating Profit before interest 25.64 34.99 38.57 41.57
9 Interest 5.38 4.24 3.11 2.06
10 Operating Profit after interest 20.26 30.75 35.46 39.51
11 (i) Add: Other Non-Operating income 0.00 0.00 0.00 0.00
(ii) Deduct: Other Non-Operating exps. 0.00 0.00 0.00 0.00
(iii) Net of Other non-operating income / exps 0.00 0.00 0.00 0.00
12 Profit before Tax (10 + 11(iii)) 20.26 30.75 35.46 39.51
13 Provision for Taxes 6.08 9.22 10.64 11.85
14 Net Profit/Loss after tax (12-13) 14.18 21.53 24.82 27.66
15 Equity Dividend Paid 0.00 0.00 0.00 0.00
16 Retained Profit ( 14 - 15) 14.18 21.53 24.82 27.66
 CORRECT BALANCE SHEET (LIABILITIES)
JAIN RESORT
LIABILITIES 31.03.2021 31.03.2022 31.03.2023 31.03.2024
Estimate Projections Projections Projections
CURRENT LIABILITIES
1 Short term borrowings from
Banks (including Bill Purchase,
discounted & excess borrowing
placed on repayment basis)
From Applicant Bank / Consortium
- CC (Hypo & BD) 5.00 5.00 5.00 5.00
Sub-Total (A) 5.00 5.00 5.00 5.00
2 Short term borrowings from others 0.00 0.00 0.00 0.00
3 Sundry Creditors (Trade) 0.00 0.00 0.00 0.00
4 Advance Payment from Customers/ 0.00 0.00 0.00 0.00
deposits from dealers)
5 Provision for Taxes 0.00 0.00 0.00 0.00
6 Dividend Payble 0.00 0.00 0.00 0.00
7 Other Statutory Liabilties 0.00 0.00 0.00 0.00
(due within one year)
8 Deposits/Instalments of term 0.00 0.00 0.00 0.00
loan/DPGs/Debentures etc.
(due within one year)
9 Other Current Liabilities & 0.00 0.00 0.00 0.00
provisions (due within 1 yrs)
(specify major items)
Sub-Total (B) 0.00 0.00 0.00 0.00
10 TOTAL CURRENT LIABILITIES 5.00 5.00 5.00 5.00
(Total 1 to 9)
 TERM LIABILITIES
11 Debentures (not maturing 0.00 0.00 0.00 0.00
within one year)
12 Preference Shares 0.00 0.00 0.00 0.00
(Redeemable after one year)
13 Term Loans (excluding instalments 0.00 0.00 0.00 0.00
payble within one year)
14 Deferred Payment Credits 0.00 0.00 0.00 0.00
(excluding instalments due within
one year)
15 Unsecured Loans from Relatives & Friends 0.00 0.00 0.00 0.00
of Directors
16 Other Term Liabilities 0.00 0.00 0.00 0.00
17 Total Term Liabilities ( 11 to 16) 0.00 0.00 0.00 0.00
18 Total Outside Liabilities (10+17) 5.00 5.00 5.00 5.00

NET WORTH
19 Ordinary Share Capital 29.68 33.71 46.09 65.22
20 Reserves & Surplus 4.04 14.18 21.52 24.82
21
22 Net Worth 33.72 47.89 67.61 90.04
23 Total Liabilities (18+22) 38.72 52.89 72.61 95.04

CORRECT BALANCE SHEET (ASSETS)

JAIN RESORT
31.03.2010 31.03.2011 31.03.2012 31.03.2013
Audited Audited Estimate Projections
CURRENT ASSETS
26 Cash & Bank Balances 0.00 0.00 0.00 0.00
27 Investments (Other then long term
investments)
(i) Government & Other Trustee Securities 0.00 0.00 0.00 0.00
(ii) Fixed Deposit with Banks 0.00 0.00 0.00 0.00
28 (i) Receivables other than deferred & 0.00 0.00 0.00 0.00
Exports (include bills purchased &
discounted by Banks)
(ii) Export Receivables (include bills 0.00 0.00 0.00 0.00
purchased & discounted by Bank)
29 Instalments of deferred receivables 0.00 0.00 0.00 0.00
(due within one year)
30 Inventory

Closing stock of Raw Material (including

Stores & other items used in manuf.
(i) process
(a) Imported 0.00 0.00 2.91 3.09
(b) Indigenous 0.00 0.00 0.00 0.00
(ii) Closing Stock in Process 0.00 0.00 0.00 0.00
(iii) Closing Finished Goods 0.00 0.00 0.00 0.00
(iv) Closing stock of other Consumable Spares
(a) Imported 0.00 0.00 0.00 0.00
(b) Indigenous 0.00 0.00 0.00 0.00
31 Advance to Suppliers of Raw-material 0.00 0.00 0.00 0.00
& Stores and Spares
32 Advance Payment of Taxes 0.00 0.00 0.00 0.00
33 Other Current Assets (Specify major 0.00 0.00 0.00 0.00
items)
34 TOTAL CURRENT ASSETS 0.00 0.00 2.91 3.09
 FIXED ASSETS
35 Gross Block (Land & Building, 0.00 0.00 0.00 0.00
Machinery, Work in progress)
36 Depreciation till date 0.00 0.00 0.00 0.00
37 NET BLOCK (35-36) 0.00 0.00 0.00 0.00

OTHER NON-CURRENT ASSETS

38 Investment/book debts/Advances/
deposit which are not current Assets
(i) Investment in Subsidiary
Companies/ affiliates 0.00 0.00 0.00 0.00
Other Investments 0.00 0.00 0.00 0.00
(ii) Advances to Suppliers of Capital 0.00 0.00 0.00 0.00
Goods & Contracts
(iii) Receivables other than deferred (maturit 0.00 0.00 0.00 0.00
exceeding one year)
(iv) Securities Deposits 0.00 0.00 0.00 0.00
39 Non-Consumable Stores & Spares 0.00 0.00 0.00 0.00
40 Other Non-Current Assets 0.00 0.00 0.00 0.00
(including dues from Directors)
41 Total Other Non-Current Assets 0.00 0.00 0.00 0.00
(Total of 38 to 40)
42 Intangible Assets (parents goodwill, 0.00 0.00 0.00 0.00
preliminary expenses, bad/doubtful debts
not provided for etc.)
43 TOTAL ASETS (34+37+41+42) 0.00 0.00 2.91 3.09
44 TANGIBLE NET WORTH 33.72 47.89 67.61 90.04
(24-42)

45 NET WORKING CAPITAL -5.00 -5.00 -2.09 -1.91

46 Current Ratio (34/10) 0.00 0.00 0.58 0.62
47 Total Outside Liabilities/Tangible Net 0.15 0.10 0.07 0.06
Worth (Debt Equity Ratio)
Diff of total assets and total liab.s -38.72 -52.89 -69.70 -91.95