ABC Company Limited

Consolidated Profit & Loss account Mar-18 Mar-19 Mar-20

INCOME
Revenue from Operations 3,130 3,935 4,606
Other Income 7 9 5
Total Revenue 3,137 3,944 4,611

EXPENSES
Cost Of Materials Consumed 726 850 979
Purchase Of Stock-In Trade 202 235 271
Changes In Inventories Of FG,WIP And Stock-In Trade -42 -92 -211
Employee Benefit Expenses 623 747 906
Finance Costs 3 18 27
Depreciation And Amortisation Expenses 105 115 157
Other Expenses 979 1,322 1,481

Total Expenses 2,596 3,195 3,611

Profit Before Tax 541 749 1,000

Total Tax Expenses 120 157 199

Profit After Tax 421 593 801

Mar-21

5,393
10
5,403

1,185
266 COGS
-194
886 993 1039 1257
1,051
16
183
1,527

4,035

1,368

253

1,115
ABC Company Limited

Consolidated Balance Sheet Mar-18 Mar-19 Mar-20 Mar-21

EQUITIES AND LIABILITIES

SHAREHOLDER'S FUNDS
Equity Share Capital (shares of rs. 2 each) 38 38 38 39
Reserves and Surplus 2183 2680 3153 5028
Total Shareholders Funds 2220 2718 3190 5067
NON-CURRENT LIABILITIES
Long Term Borrowings 500 499 887 200
Other Long Term Liabilities 0 0 73 72
Deferred Tax Liabilities [Net] 35 19 12 4
Long Term Provisions 62 52 75 86
Total Non-Current Liabilities 597 570 1047 361
CURRENT LIABILITIES
Short Term Borrowings 208 429 861 0
Trade Payables 759 644 626 669
Other Current Liabilities 143 384 227 560
Short Term Provisions 14 32 38 52
Total Current Liabilities 1124 1490 1752 1281
Total Capital And Liabilities 3941 4778 5989 6709

ASSETS
NON-CURRENT ASSETS
Tangible Assets 927 1098 1525 3971
Intangible Assets 63 56 27 0
Capital Work-In-Progress 911 1341 1574 0
Intangible Assets Under Development 99 210 272 0
Fixed Assets 2000 2706 3398 3971
Non-Current Investments 42 49 18 49
Other Non-Current Assets 75 65 111 111
Total Non-Current Assets 2116 2820 3526 4131
CURRENT ASSETS
Current Investments 0 0 0 187
Inventories 734 967 1188 1486
Trade Receivables 526 489 865 349
Cash And Cash Equivalents 90 206 81 106
OtherCurrentAssets 475 296 330 450
Total Current Assets 1825 1958 2463 2578
Total Assets 3941 4778 5989 6709

- - - -
 97.1 70.77 86.7 89.73 Provision + DTL

156.4 416.21 265.17 612.05

 Historical Pe
Financial Model Formula FYR 31-Mar-18

ABC Company Limited

Assumptions

P&L Assumptions

Revenue Growth =E33/D33-1

COGS =D34/D33
Gross Margin =1-COGS 100%
Employee Costs =D38
Other Fixed Costs =D39
EBITDA =D42/D33
Depreciation (depn / opening PPE) =E45/D62
Finance Costs (FC / Op. Debt) =E46/(D80+D85)
Taxes Relevant only for future

Balance Sheet Assumptions

Inventory Days =AVERAGE(C70:D70)/D34*365

Receivable Days =D71/D33*365
Payable Days =D86/D34*365
Other Current Liabilities =D87/SUM(D34,D40)*365
Capex =D62-E62+E45
Debt =E80-D80+E85-D85
Equity Infusion =E92-D92

Profit and Loss Statement

Revenue
Less : COGS
Gross Profit =D33-D34

Less : Expenses
Employee Costs 623
Other Expenses 979
Total Expenses =SUM(D38:D39)

EBITDA =D35-D40

Other Income 7
Depreciation 105
Finance Costs 3

Profit before Taxes =D42+D44-D45-D46

Less : Tax Expenses 120

Profit after Taxes =D48-D50

Balance Sheet
Non Current Assets
Tangible Assets 927
Intangible Assets 63
Capital Work in Progress 911
Intangible Assets Under Development 99
Total Fixed Assets =SUM(D58:D61)

Non - Current Investments 42

Other Non current assets 75

Total Non current assets =D62+D64+D65

Current Assets
Inventory 734
Receivables 526
Cash / Bank 90
Current Investments -
Other Current Assets 475
Total Current Assets =SUM(D70:D74)

Total Assets =D67+D75

Long Term Liabilities

Debt 500
Other Long Term Liabilities -
Provisions and DTL 97

Current Liabilities
Short Term Borrowings 208
Payables 759
Other Current Liabilities 156

Total Liabilities =SUM(D80:D87)

Shareholders Funds
Equity Share Capital 38
Reserves and Surplus 2,182
Total Shareholders Funds =SUM(D92:D93)

Total Liabilities and Shareholders Funds =D89+D94

Balance Sheet Check -

Cash Flow Statement Only for Explicit Forecast Period

Profit before taxes

Add : Depreciation

Changes in WC items
Inventory
Receivables
Other current assets
Payables
Other Current Liabilities
Other Non Current Assets
Provisions
Net Change in WC

Less : Taxes

Cash flow from Operations

Cash flow from investing

Capex
Non Current Investments
Investments
Cash flow from investing

Cash flow from financing

Debt
Other Long Term Liabilities
Equity
Cash flow from financing

Net Change

Add : Opening Balance

Closing Balance

Supporting Schedules Only for Explicit Forecast Period

PPE
Opening
Add : Additions
Less : Sold off
Less : Depreciation
Closing Balance

Debt
Opening
Add / Less : Loans Facility Availed / Repayment
Closing Balance

Finance Costs
 Historical Period
31-Mar-19 31-Mar-20 31-Mar-21

100% 100% 100%

747 906 1,051

1,322 1,481 1,527

9 5 10
115 157 183
18 27 16

157 199 253

 1,098 1,525 3,971
56 27 -
1,341 1,574 -
210 272 -

49 18 49
65 111 111

967 1,188 1,486

489 865 349
206 81 106
- - 187
296 330 450

499 887 200

- 73 72
71 87 90

429 861 0
644 626 669
416 265 612

38 38 39
2,681 3,182 5,088 Add Current Year Profit

- - -

ly for Explicit Forecast Period

ly for Explicit Forecast Period