FORM V

COMPUTATION OF MAXIMUM PERMISSIBLE BANK FINANCE FOR WORKING CAPITAL

S N SURGICARE & HEALTHCARE SCIENCE PRIVATE LIMITED (Amount Rs. Lakh)

As per balance sheet as at

31-Mar-17 31-Mar-18 31-Mar-19

ASSETS LAST YEAR CURR. YEAR FOLLOWING PEAK REQT.
ACTUALS ESTIMATES YEAR-PROJ AS ON
1 2 3 4
1. Total Current Assets 89.83 296.19 318.25
( 9 in form IV )
2. Current Liabilities 14.85 22.75 30.63
( other than bank borrowings )
( 14 of form IV )
3. Working Capital Gap 74.98 273.44 287.62
(1-2)
4. Min. stipulated net working capital i.e. 25% of 22.46 74.05 79.56
total current assets (excluding export
receivables)
5. Actual/ projected net working capital 1.04 203.44 222.62
( 45 in form III )
6. Item 3 minus item 4 52.52 199.39 208.06
7. Item 3 minus item 5 73.94 70.00 65.00
8. Maximum permissible bank finance 52.52 70.00 65.00
( Item 6 or 7 whichever is lower )
9. Excess borrowings representing short fall in 21.42 0.00 0.00
NWC (4 - 5)