APPLICATION OF FUNDS

A. Fixes Assets:

1.Tangible-

Plant and machinery

Land and building

Furniture

2. Intangible -

Goodwill

3.Capital Work In Progress

NET FIXED ASSETS (1+2+3)

B. Long Term Investments:

Government bonds

C.Net working Capital:

a.Current Assets-

1. Quick

Loose tools

Debtors

Bills receivable

Shares in TIL LTD.

2. Non Quick -

Prepaid rent

Livestock

Net Current Assets (1+2)

b. LESS- Current Liabilities

NET WORKING CAPITAL (a-b)

TOTAL FUNDS EMPLOYED (NET FIXED ASSETS + NET LONG TERM INVESTMENTS + NET WORKING CAPITAL
)