ASSESSEMENT OF WORKING CAPITAL REQUIREMENT

FORM I: IOPRATING STATEMENT

NAME: M/s JANTA TROLLY KRISHI YANTRA & REPAIR
ADDRESS: PUKHRAYAN, KANPUR DEHAT

:-Actual-: :-Estimated-: :-Projected-:

2017-18 2018-19 2019-20

INSTALLED CAPACITY (QTLS.)
Capacity Utilisation
PRODUCTION (QTLS)
1. Gross Sales
(I) Domestic Sales 122.95 209.02 229.92
(ii) Export Sales
(iii) Comm. & Servicing Char.
Total 122.95 209.02 229.92
2. Less : Excise Duty
3. Net Sales (1-2) 122.95 209.02 229.92
4. %age of rise (+) or fall (-)
in net sales compared to
previous year
5. Cost of Sales
(I) Raw Material (including
stores & spares used in the
process of manufacture) 86.54 184.43 179.87
(a) Importad
(b) Indegeneous
(ii) Other Store & Spares
(a) Imported
(b) Indegeneous
(iii) Power Fuel 5.23 8.89 9.78
(iv) Direct Labour
(Factory wages & Salary ) 4.08 6.94 7.63
(v) Other manufaturing Exp 0.27 0.46 0.50
(vi) Deprecition 1.68 1.46 1.02
(vii) SUB TOTAL (i to vi) 97.80 202.17 198.80
(vii) Add: Opening Stock in process 0.00 0.00 0.00
SUB TOTAL 97.80 202.17 198.80
(viii)Deduct : Closing Stock in process 0.00 0.00 0.00
(x) SUB TOTAL (cost of prodution) 97.80 202.17 198.80

ADD: OP. STOCK OF FINISHED 29.37 21.90 39.31

127.17 224.06 238.11
LESS: CLO. STOCK OF FINISHED 21.90 39.31 38.66
105.27 184.75 199.45
6. Selling, General and Administrative Exp. 6.48 7.78 8.55
7. SUB TOTAL (5+6) 111.75 192.53 208.01
8. Operating profits (3-7) 11.20 16.49 21.91
9. (i) Interest Bank C/C 1.13 1.50 3.50
(ii) Interest Bank T/L 0.00 0.00 0.00
10. Operting Profit After intt. 10.07 14.99 18.41
11. (i) Add: Other non operting income
(a)
(b)
(ii) Deducted: Other non operting Expenses
(a)
(b)
12. Profit before Tax/Loss 10.07 14.99 18.41
13. Remm. To Partner 0.00 0.00 0.00
14 Intt. To Partner 0.00 0.00 0.00
15. Net profit after intt. & remm. To partners 10.07 14.99 18.41
16. Provission for Taxes 0.00 0.00 0.00

17. Net Profit/Loss (15-16) 10.07 14.99 18.41

18. (a) Equity dividend Paid 0.00 0.00 0.00
(b) Drawings 1.68 4.30 6.00
19. Retained Profits including intt. & rem. To partner 8.39 10.69 12.41
20. Retained Profit/Net Profit
(%age) 83 71 67
 FORM III
ANALYSIS OF BALANCE SHEET
NAME: M/s JANTA TROLLY KRISHI YANTRA & REPAIR

:-Actual-: :-Estimated-: :-Projected-:

LIABILITIES
CURRENT LIABILITIES Ist IInd IIIrd
1. Short Term Bank Borrowings
(I) From Applicant Bank 14.78 40.00 40.00

(ii) From Other Bank 0.00 0.00 0.00

(iii) (of which BP & BD) 0.00 0.00 0.00

SUB TOTAL (A) 14.78 40.00 40.00

2. Short Term borrowings from others

3. Sundry Creditors (Trade) 33.26 5.12 5.00

4. Advance Payment from custmers/ diposit

from customer

5. Provision for Taxes

6. Dividend Payable

7. Other Statutory Liabilities

(due with in one year)

8. Deposit/Instalments of term Loan

9. Other Current Liabilities/ Provisions 1.86 2.00 2.50

(due with in one year)

SUB TOTAL (B) 35.12 7.12 7.50

10. TOTAL CURRENT LIABILITIES 49.90 47.12 47.50

(total of 1 to 9)

TERM LIABILITIES
11. Debentures (not maturing with in one year)
12. Preference share (redemable after one year)

13. Term Loans (excluding instalments payable 0.00 0.00 0.00

with in one year)

14. Deferred Payment Credits

15. Term Deposits (repayable after one year)

16. Other term liabilities

17. TOTAL TERM LIABILITIES 0.00 0.00 0.00

(total of 10+17)

18.TOTAL OUTSIDE LIABILITIES

(total of (10+17) 49.90 47.12 47.50

NET WORTH

19. Members Capital 43.33 54.02 66.42

20. Genral Reserve

21. Revaluation Reserve

22. Other Reserve (Subsidy)

UNSECURED LOAN 0.30 0.30 0.30
23. Surplus (+) or defecit (-) in Profit & Loss A/c

24. NET WORTH 43.63 54.32 66.72

25. TOTAL LIABILITIES 93.53 101.44 114.22

FORM III
ANALYSIS OF BALANCE SHEET
NAME: M/s JANTA TROLLY KRISHI YANTRA & REPAIR

:-Actual-: :-Estimated-: :-Projected-:

ASSETS
CURRENT ASSETS

26. Cash & Bank Balance 0.33 5.86 5.00

27. Investments (other than long term investments)
(I) Govt. & other trustee securities
(ii) Fixed deposite with Banks

28. (I) Recievables other than deferred & export 0.12 0.58 0.64
(excl. bills purchased & discounted by bank)
(ii) Export Receivables

29. Instalments of deffered receivables

30. Inventory

(I) Raw Materials (including stores & other items 21.89 19.47 34.73
used in process of manufacture)
(a) Imported
(b) Indegeneous

(ii) Stock in Process

(iii) Finished Goods 21.90 39.31 38.66

(iv) Other consumable Spares

(a) Imported
(b) Indegeneous

31. Advance to supplies of raw materials & stores

32. Advance payment of taxes

33. Other current Assets (specify major items) 21.62 10.00 10.00

34. TOTAL CURRENT ASSETS 65.86 75.22 89.02

(Total of 26 to 33)

FIXED ASSETS

35. Gross Block WDV 29.35 27.67 26.22

36. Depreciation 1.68 1.46 1.02

37. Net Block WDV 27.67 26.22 25.20

 OTHER NON CURRENTS ASSETS

38. Investments/bookdebts/ advances which are

non current assets
(I) (a) Investment in subsidiary companies 0.00 0.00 0.00
(b) FDR With Bank
(ii) Advance to suppliers of capital goods 0.00 0.00 0.00

39. Non consumable stores 0.00 0.00 0.00

40. Other non current assets 0.00 0.00 0.00

41. TOTAL NON-CURRENT ASSETS 0.00 0.00 0.00

(total of 38 to 40)

42. Intangible Assets 0.00 0.00 0.00

43. TOTAL ASSETS 93.53 101.44 114.22

(total of 34, 37, 41 & 42) 0.00 0.00 0.00

44. TANGIBLE NET WORTH 43.63 54.32 66.72

(24-42)

45. NET WORKING CAPITAL 15.96 28.10 41.52

[(17+24)-(37+41+42)]
TO TALLY (34-10)

46. Current Ratio 1.32 1.60 1.87

47. Total outside liabilities/ tangible net worth (18+44) 1.14 0.87 0.71

FORM IV
COMPERATIVE STATEMENT OF CURRENT ASSETS AND
CURRENT LIABILITIES
NAME: M/s JANTA TROLLY KRISHI YANTRA & REPAIR

:-Actual-: :-Estimated-: :-Projected-:

A. CURRENT ASSETS
1. Raw Materials (including stores used in the
process of manufacture) 21.89 19.47 34.73
(a) Imported (No of days Consumption)

(b) Indegeneous (Months Consumption)

2. Other Consumable Stores

(a) Imported (Months Consumption)
(b) Indegeneous (Months Consumpyion)

3. Stock in Process
(Months cost of prod.)

4. Finished Goods 21.90 39.31 38.66

(No. of days cost of sales)

5. Receivable other than export recrivables 0.12 0.58 0.64

(No. of days sales)

6. Export Receivable
(Month export sale)

7. Advance to suppliers of Raw materials etc.

8. Other current Assets incl. Of cash & bank 21.95 15.86 15.00
balance & deferred receivable etc.

9. TOTAL CURRENT ASSETS 65.86 75.22 89.02

(To agree with item 34 in Form III

FORM IV
COMPERATIVE STATEMENT OF CURRENT ASSETS AND
CURRENT LIABILITIES
NAME: M/s JANTA TROLLY KRISHI YANTRA & REPAIR

(Amount - Rs. in lacs)

:-Actual-: :-Estimated-: :-Projected-:
(B) CURRENT LIABILITIES
( Other than bank borrowing for working capital)

10. Creditors for purchase of raw materials, stores 33.26 5.12 5.00
& consumables spares ( No. of days of Purch.)

11. Advance from customers

12. Statutory Liabilities

13. Other Current liabilities, Short term borrowing, 0.00 0.00 0.00
Unsecured Loans, Dividend payable deposites,
debentures etc. Others 1.86 2.00 2.50

14. TOTAL (To agree with Sub Total B Form III) 35.12 7.12 7.50
 FORM V
ASSESSEMENT OF WORKING CAPITAL REQUIREMENT
NAME: M/s JANTA TROLLY KRISHI YANTRA & REPAIR
By Usual Method
Anticipated MonthlySales 17.42
Anticipated Purchase per month 15.37
Cost of Production per month 16.85
Item Stoking Working Margin Permissisble
Period cap. Reqd. % value limit
(I) Imported Raw Materials

(ii) Indigeneous raw materials 0.00 19.47 25 4.87 14.60

(iii) Stock of Process 0.00 0.00 0.00 0.00 0.00

(iv) Finished Goods 0.00 39.31 25 9.83 29.48

(v) Sundry Debtors 0.00 0.58 50 0.29 0.29

(vi) Other Current Assets 15.86 100.00 15.86 0.00

Total 75.22 30.84 44.37

Total Workink Capital Required (A) 75.22

Less:
(I) Liquid surplus in Balance/sheet as on 31.3.20 28.10
(ii) Credit on Purchases 0.00 5.12

(iii) Other Current Liabilities 2.00

Installment due written one year

(iv) Limit Recommended 40.00

Total B 75.22 75.22
DEFECIT A-B NIL
The deficit will be met out of Share Capital and cash accruals.
Notes:
Sales has to be computed at the maximum level of anticipated
production during next 12 months
Cost of production includes cost of raw materials plus all
expenses.
State under the Working capital required, the value of
receivable at cost and under Permissible limit value thereof
at sales value less margin.
For item no. (iii) and (iv) the basis of valuation would be the
Cost of production.
400
 NAME: M/s JANTA TROLLY KRISHI YANTRA & REPAIR

CALCULATION OF DEPRECIATION

Particulars PLANT & MACHINERY LAND BUILDING

15% 0% 10% Total

WDV AS ON 31/03/2017 6.91 16.05 6.39 29.35

LESS: DEPRECIATION FOR 2017-18 1.04 0.00 0.64 1.68

WDV AS ON 31/03/2018 5.87 16.05 5.75 27.67

LESS: DEPRECIATION FOR 2018-19 0.88 0.00 0.58 1.46

WDV AS ON 31/03/2019 4.99 16.05 5.18 26.22

LESS: DEPRECIATION FOR 2019-20 0.50 0.00 0.52 1.02

WDV AS ON 31/03/2020 4.49 16.05 4.66 25.20