1

SETTINGS AND MACRO

4M 2021

Start Date 4/1/2021

Planning step 1 Mon 1
Period Number 1
Begin Date 4/1/2021
End Date 4/30/2021
Period Title 4M 2021

CURRENCY AND INFLATION 4M 2021

Currency Name INR

Inflation (Annual) % 4.0%

Price Index (to the previous period) Times 1.00
price Index (to the beginning of the period) Times 1.00

TAX RATES 4M 2021

Income Tax % 20.00%

POPULATION 4M 2021

Delhi 31,200,000 Persons 31,200,000

Population Growth Rate 3% % 3%
Ghaziabad 2,800,000 Persons 2,800,000
Population Growth Rate 3% % 3%
Noida 820,000 Persons 820,000
Population Growth Rate 3% % 3%

Affluent Population
Delhi 55% % 55%
Ghaziabad 45% % 45%
Noida 55% % 55%

Number of Households
Number of People/Household 4.5 Persons
Delhi Households 3,813,333
Ghaziabad Households 280,000
Noida Households 100,222
Total Households 4,193,556
Full Time Service 15% Households 629,033
Part Time Service 85% Households 3,564,522

42,000
238,000
 2 3 4 5 6
5M 2021 6M 2021 7M 2021 8M 2021 9M 2021

1 1 1 1 1
2 3 4 5 6
5/1/2021 6/1/2021 7/1/2021 8/1/2021 9/1/2021
5/31/2021 6/30/2021 7/31/2021 8/31/2021 9/30/2021
5M 2021 6M 2021 7M 2021 8M 2021 9M 2021

5M 2021 6M 2021 7M 2021 8M 2021 9M 2021

4.0% 4.0% 4.0% 4.0% 4.0%

1.00 1.00 1.00 1.00 1.00
1.00 1.01 1.01 1.01 1.02

5M 2021 6M 2021 7M 2021 8M 2021 9M 2021

20.00% 20.00% 20.00% 20.00% 20.00%

5M 2021 6M 2021 7M 2021 8M 2021 9M 2021

31278000 31356195 31434585 31513172 31591955

3% 3% 3% 3% 3%
2807000 2814018 2821053 2828105 2835175
3% 3% 3% 3% 3%
822050 824105 826165 828231 830301
3% 3% 3% 3% 3%

55% 55% 55% 55% 55%

45% 45% 45% 45% 45%
55% 55% 55% 55% 55%

3,822,867 3,832,424 3,842,005 3,851,610 3,861,239

280,700 281,402 282,105 282,811 283,518
100,473 100,724 100,976 101,228 101,481
4,204,039 4,214,550 4,225,086 4,235,649 4,246,238
 630,606 632,182 633,763 635,347 636,936
3,573,434 3,582,367 3,591,323 3,600,301 3,609,302

42,105 42,210 42,316 42,422 42,528

238,595 239,191 239,789 240,389 240,990
 7 8 9 10 11
10M 2021 11M 2021 12M 2021 1M 2022 2M 2022

1 1 1 1 1
7 8 9 10 11
10/1/2021 11/1/2021 12/1/2021 1/1/2022 2/1/2022
10/31/2021 11/30/2021 12/31/2021 1/31/2022 2/28/2022
10M 2021 11M 2021 12M 2021 1M 2022 2M 2022

10M 2021 11M 2021 12M 2021 1M 2022 2M 2022

4.0% 4.0% 4.0% 4.0% 4.0%

1.00 1.00 1.00 1.00 1.00
1.02 1.02 1.03 1.03 1.03

10M 2021 11M 2021 12M 2021 1M 2022 2M 2022

20.00% 20.00% 20.00% 20.00% 20.00%

10M 2021 11M 2021 12M 2021 1M 2022 2M 2022

31670935 31750112 31829487 31909061 31988834

3% 3% 3% 3% 3%
2842263 2849369 2856492 2863634 2870793
3% 3% 3% 3% 3%
832377 834458 836544 838636 840732
3% 3% 3% 3% 3%

55% 55% 55% 55% 55%

45% 45% 45% 45% 45%
55% 55% 55% 55% 55%

3,870,892 3,880,569 3,890,271 3,899,996 3,909,746

284,226 284,937 285,649 286,363 287,079
101,735 101,989 102,244 102,500 102,756
4,256,853 4,267,495 4,278,164 4,288,860 4,299,582
 638,528 640,124 641,725 643,329 644,937
3,618,325 3,627,371 3,636,440 3,645,531 3,654,645

42,634 42,741 42,847 42,955 43,062

241,592 242,196 242,802 243,409 244,017
 12 13 14 15 16
3M 2022 4M 2022 5M 2022 6M 2022 7M 2022

1 1 1 1 1
12 13 14 15 16
3/1/2022 4/1/2022 5/1/2022 6/1/2022 7/1/2022
3/31/2022 4/30/2022 5/31/2022 6/30/2022 7/31/2022
3M 2022 4M 2022 5M 2022 6M 2022 7M 2022

3M 2022 4M 2022 5M 2022 6M 2022 7M 2022

4.0% 4.0% 4.0% 4.0% 4.0%

1.00 1.00 1.00 1.00 1.00
1.04 1.04 1.04 1.05 1.05

3M 2022 4M 2022 5M 2022 6M 2022 7M 2022

20.00% 20.00% 20.00% 20.00% 20.00%

3M 2022 4M 2022 5M 2022 6M 2022 7M 2022

32068806 32148978 32229350 32309924 32390698

3% 3% 3% 3% 3%
2877970 2885165 2892378 2899609 2906858
3% 3% 3% 3% 3%
842834 844941 847053 849171 851294
3% 3% 3% 3% 3%

55% 55% 55% 55% 55%

45% 45% 45% 45% 45%
55% 55% 55% 55% 55%

3,919,521 3,929,320 3,939,143 3,948,991 3,958,863

287,797 288,516 289,238 289,961 290,686
103,013 103,271 103,529 103,788 104,047
4,310,331 4,321,107 4,331,909 4,342,739 4,353,596
 646,550 648,166 649,786 651,411 653,039
3,663,781 3,672,941 3,682,123 3,691,328 3,700,557

43,170 43,277 43,386 43,494 43,603

244,627 245,239 245,852 246,467 247,083
 17 18 19 20 21
8M 2022 9M 2022 10M 2022 11M 2022 12M 2022

1 1 1 1 1
17 18 19 20 21
8/1/2022 9/1/2022 10/1/2022 11/1/2022 12/1/2022
8/31/2022 9/30/2022 10/31/2022 11/30/2022 12/31/2022
8M 2022 9M 2022 10M 2022 11M 2022 12M 2022

8M 2022 9M 2022 10M 2022 11M 2022 12M 2022

4.0% 4.0% 4.0% 4.0% 4.0%

1.00 1.00 1.00 1.00 1.00
1.05 1.06 1.06 1.06 1.07

8M 2022 9M 2022 10M 2022 11M 2022 12M 2022

20.00% 20.00% 20.00% 20.00% 20.00%

8M 2022 9M 2022 10M 2022 11M 2022 12M 2022

32471675 32552854 32634237 32715822 32797612

3% 3% 3% 3% 3%
2914125 2921410 2928714 2936035 2943375
3% 3% 3% 3% 3%
853422 855556 857695 859839 861989
3% 3% 3% 3% 3%

55% 55% 55% 55% 55%

45% 45% 45% 45% 45%
55% 55% 55% 55% 55%

3,968,760 3,978,682 3,988,629 3,998,600 4,008,597

291,412 292,141 292,871 293,604 294,338
104,307 104,568 104,829 105,091 105,354
4,364,480 4,375,391 4,386,330 4,397,295 4,408,289
 654,672 656,309 657,949 659,594 661,243
3,709,808 3,719,082 3,728,380 3,737,701 3,747,045

43,712 43,821 43,931 44,041 44,151

247,701 248,320 248,941 249,563 250,187
 22 23 24 25 26
1M 2023 2M 2023 3M 2023 4M 2023 5M 2023

1 1 1 1 1
22 23 24 25 26
1/1/2023 2/1/2023 3/1/2023 4/1/2023 5/1/2023
1/31/2023 2/28/2023 3/31/2023 4/30/2023 5/31/2023
1M 2023 2M 2023 3M 2023 4M 2023 5M 2023

1M 2023 2M 2023 3M 2023 4M 2023 5M 2023

4.0% 4.0% 4.0% 4.0% 4.0%

1.00 1.00 1.00 1.00 1.00
1.07 1.07 1.08 1.08 1.09

1M 2023 2M 2023 3M 2023 4M 2023 5M 2023

20.00% 20.00% 20.00% 20.00% 20.00%

1M 2023 2M 2023 3M 2023 4M 2023 5M 2023

32879606 32961805 33044209 33126820 33209637

3% 3% 3% 3% 3%
2950734 2958111 2965506 2972920 2980352
3% 3% 3% 3% 3%
864143 866304 868470 870641 872817
3% 3% 3% 3% 3%

55% 55% 55% 55% 55%

45% 45% 45% 45% 45%
55% 55% 55% 55% 55%

4,018,618 4,028,665 4,038,737 4,048,834 4,058,956

295,073 295,811 296,551 297,292 298,035
105,618 105,882 106,146 106,412 106,678
4,419,309 4,430,358 4,441,434 4,452,537 4,463,668
 662,896 664,554 666,215 667,881 669,550
3,756,413 3,765,804 3,775,219 3,784,657 3,794,118

44,261 44,372 44,483 44,594 44,705

250,812 251,439 252,068 252,698 253,330
 27 28 29 30 31
6M 2023 7M 2023 8M 2023 9M 2023 10M 2023

1 1 1 1 1
27 28 29 30 31
6/1/2023 7/1/2023 8/1/2023 9/1/2023 10/1/2023
6/30/2023 7/31/2023 8/31/2023 9/30/2023 10/31/2023
6M 2023 7M 2023 8M 2023 9M 2023 10M 2023

6M 2023 7M 2023 8M 2023 9M 2023 10M 2023

4.0% 4.0% 4.0% 4.0% 4.0%

1.00 1.00 1.00 1.00 1.00
1.09 1.09 1.10 1.10 1.10

6M 2023 7M 2023 8M 2023 9M 2023 10M 2023

20.00% 20.00% 20.00% 20.00% 20.00%

6M 2023 7M 2023 8M 2023 9M 2023 10M 2023

33292661 33375893 33459332 33542981 33626838

3% 3% 3% 3% 3%
2987803 2995272 3002761 3010267 3017793
3% 3% 3% 3% 3%
874999 877187 879380 881578 883782
3% 3% 3% 3% 3%

55% 55% 55% 55% 55%

45% 45% 45% 45% 45%
55% 55% 55% 55% 55%

4,069,103 4,079,276 4,089,474 4,099,698 4,109,947

298,780 299,527 300,276 301,027 301,779
106,944 107,212 107,480 107,748 108,018
4,474,828 4,486,015 4,497,230 4,508,473 4,519,744
 671,224 672,902 674,584 676,271 677,962
3,803,604 3,813,113 3,822,645 3,832,202 3,841,782

44,817 44,929 45,041 45,154 45,267

253,963 254,598 255,235 255,873 256,512
 32 33 34 35 36
11M 2023 12M 2023 1M 2024 2M 2024 3M 2024

1 1 1 1 1
32 33 34 35 36
11/1/2023 12/1/2023 1/1/2024 2/1/2024 3/1/2024
11/30/2023 12/31/2023 1/31/2024 2/29/2024 3/31/2024
11M 2023 12M 2023 1M 2024 2M 2024 3M 2024

11M 2023 12M 2023 1M 2024 2M 2024 3M 2024

4.0% 4.0% 4.0% 4.0% 4.0%

1.00 1.00 1.00 1.00 1.00
1.11 1.11 1.11 1.12 1.12

11M 2023 12M 2023 1M 2024 2M 2024 3M 2024

20.00% 20.00% 20.00% 20.00% 20.00%

11M 2023 12M 2023 1M 2024 2M 2024 3M 2024

33710905 33795182 33879670 33964370 34049281

3% 3% 3% 3% 3%
3025338 3032901 3040483 3048084 3055705
3% 3% 3% 3% 3%
885992 888207 890427 892653 894885
3% 3% 3% 3% 3%

55% 55% 55% 55% 55%

45% 45% 45% 45% 45%
55% 55% 55% 55% 55%

4,120,222 4,130,522 4,140,849 4,151,201 4,161,579

302,534 303,290 304,048 304,808 305,570
108,288 108,559 108,830 109,102 109,375
4,531,043 4,542,371 4,553,727 4,565,111 4,576,524
 679,657 681,356 683,059 684,767 686,479
3,851,387 3,861,015 3,870,668 3,880,345 3,890,045

45,380 45,494 45,607 45,721 45,836

257,154 257,797 258,441 259,087 259,735
 1
PROJECT ASSUMPTIONS
4M 2021

SALES 4M 2021

Capacity / Utilisation Rate % 0.0006%

Full Time Service

Households Households 629,033
Capacity / Utilisation Rate % 0.0018%
Unit Sales Households 11
Unit Price 1322 INR 1,391
Sales INR 15,750
Commission 0.1 % 1,575

Part Time Service

Households Households 3,564,522
Capacity / Utilisation Rate % 0.0004%
Unit Sales Households 12
Unit Price 514 INR 541
Sales INR 6,749
Commission 0.1 INR 675

Total:
Total Sales INR 22,499
Revenue in the Income Statement INR 2,250

EXPENSES 4M 2021

Customer Acquisition Cost

Total Clients 24
Expenses 16,659
CAC 700 INR 700.00
Percentage of Revenue 7.79

Personnel 45,000.00
Adjusted for Inflation 45,000.00

CAPEX 4M 2021

Web Development Expenses INR 200,000

Shown in Assets 200,000

WORKING CAPITAL 4M 2021

Accounts Receivables 15 INR 1,125

Accounts Payables 30 INR 16,659
Working Capital -15,534
Change in Working Capital -15,534
FINANCING 4M 2021

Equity Invested 243,931

Total Equity 243,931

TAX 4M 2021

Taxable Profit INR -59,409

Prior Period Losses INR 59,409
Tax Rate 20.00% % 20.00%
Income Tax INR 0
 2 3 4 5 6
5M 2021 6M 2021 7M 2021 8M 2021 9M 2021

5M 2021 6M 2021 7M 2021 8M 2021 9M 2021

0.0003% 0.0009% 0.0022% 0.0037% 0.0056%

630,606 632,182 633,763 635,347 636,936

0.0011% 0.0030% 0.0072% 0.0120% 0.0180%
7 19 46 76 115
1,396 1,400 1,405 1,409 1,414
9,680 26,554 64,098 107,448 162,104
968 2,655 6,410 10,745 16,210

3,573,434 3,582,367 3,591,323 3,600,301 3,609,302

0.0002% 0.0005% 0.0013% 0.0022% 0.0034%
7 18 47 79 123
543 545 546 548 550
3,879 9,559 25,507 43,415 67,483
388 956 2,551 4,341 6,748

13,560 36,113 89,605 150,862 229,587

1,356 3,611 8,960 15,086 22,959

5M 2021 6M 2021 7M 2021 8M 2021 9M 2021

14 37 92 125 171
8,407 18,652 40,472 47,372 55,756
596.95 510.73 438.40 377.54 326.20
6.52 5.43 4.75 4.17 3.67

45,000.00 45,000.00 60,000.00 80,000.00 80,000.00

45,147.32 45,295.12 60,591.20 81,052.75 81,318.10

5M 2021 6M 2021 7M 2021 8M 2021 9M 2021

0 0 0 0 50,000
 200,000 200,000 200,000 200,000 250,000

5M 2021 6M 2021 7M 2021 8M 2021 9M 2021

678 1,806 4,480 7,543 11,479

8,407 18,652 40,472 58,689 77,428
-7,729 -16,846 -35,992 -51,146 -65,949
7,805 -9,117 -19,146 -15,153 -14,804
5M 2021 6M 2021 7M 2021 8M 2021 9M 2021

60,093 58,385 85,818 106,859 2,500,000

304,024 362,409 448,227 555,086 3,055,086

5M 2021 6M 2021 7M 2021 8M 2021 9M 2021

-52,198 -60,335 -92,103 -124,655 -135,788

111,607 171,943 264,046 388,701 524,489
20.00% 20.00% 20.00% 20.00% 20.00%
0 0 0 0 0
 7 8 9 10 11
10M 2021 11M 2021 12M 2021 1M 2022 2M 2022

10M 2021 11M 2021 12M 2021 1M 2022 2M 2022

0.0076% 0.0103% 0.0141% 0.0192% 0.0263%

638,528 640,124 641,725 643,329 644,937

0.0232% 0.0300% 0.0386% 0.0498% 0.0643%
148 192 248 321 415
1,419 1,423 1,428 1,433 1,437
210,323 272,885 354,057 459,374 596,019
21,032 27,288 35,406 45,937 59,602

3,618,325 3,627,371 3,636,440 3,645,531 3,654,645

0.0048% 0.0069% 0.0097% 0.0138% 0.0196%
175 249 354 504 717
552 554 555 557 559
96,380 137,652 196,595 280,779 401,012
9,638 13,765 19,660 28,078 40,101

306,703 410,536 550,652 740,154 997,031

30,670 41,054 55,065 74,015 99,703

10M 2021 11M 2021 12M 2021 1M 2022 2M 2022

233 319 438 602 829

65,990 78,534 93,976 113,067 136,769
282.76 245.91 214.56 187.82 164.95
3.24 2.87 2.55 2.28 2.04

80,000.00 80,000.00 80,000.00 80,000.00 80,000.00

81,584.31 81,851.40 82,119.36 82,388.20 82,657.91

10M 2021 11M 2021 12M 2021 1M 2022 2M 2022

50,000 0 0 0 0
 300,000 300,000 300,000 300,000 300,000

10M 2021 11M 2021 12M 2021 1M 2022 2M 2022

15,335 20,527 27,533 37,008 49,852

91,320 108,305 129,161 154,883 186,744
-75,985 -87,778 -101,628 -117,875 -136,892
-10,036 -11,793 -13,850 -16,247 -19,017
10M 2021 11M 2021 12M 2021 1M 2022 2M 2022

0 0 0 0 0
3,055,086 3,055,086 3,055,086 3,055,086 3,055,086

10M 2021 11M 2021 12M 2021 1M 2022 2M 2022

-142,234 -149,102 -156,215 -163,256 -169,699

666,723 815,826 972,041 1,135,296 1,304,995
20.00% 20.00% 20.00% 20.00% 20.00%
0 0 0 0 0
 12 13 14 15 16
3M 2022 4M 2022 5M 2022 6M 2022 7M 2022

3M 2022 4M 2022 5M 2022 6M 2022 7M 2022

0.0361% 0.0497% 0.0685% 0.0946% 0.1308%

646,550 648,166 649,786 651,411 653,039

0.0829% 0.1070% 0.1380% 0.1781% 0.2297%
536 694 897 1,160 1,500
1,442 1,447 1,451 1,456 1,461
773,310 1,003,338 1,301,789 1,689,018 2,191,431
77,331 100,334 130,179 168,902 219,143

3,663,781 3,672,941 3,682,123 3,691,328 3,700,557

0.0279% 0.0396% 0.0562% 0.0798% 0.1133%
1,021 1,454 2,070 2,946 4,194
561 563 564 566 568
572,730 817,978 1,168,245 1,668,500 2,382,969
57,273 81,798 116,825 166,850 238,297

1,346,040 1,821,316 2,470,035 3,357,518 4,574,400

134,604 182,132 247,003 335,752 457,440

3M 2022 4M 2022 5M 2022 6M 2022 7M 2022

1,144 1,583 2,193 3,044 4,232

166,323 203,326 249,851 308,590 383,053
145.34 128.48 113.95 101.39 90.51
1.83 1.65 1.49 1.35 1.22

80,000.00 128,000.00 128,000.00 128,000.00 128,000.00

82,928.51 133,120.00 133,555.80 133,993.03 134,431.69

3M 2022 4M 2022 5M 2022 6M 2022 7M 2022

0 0 0 0 0
 300,000 300,000 300,000 300,000 300,000

3M 2022 4M 2022 5M 2022 6M 2022 7M 2022

67,302 91,066 123,502 167,876 228,720

226,380 275,900 338,035 416,327 515,393
-159,078 -184,834 -214,533 -248,451 -286,673
-22,186 -25,757 -29,699 -33,918 -38,222
3M 2022 4M 2022 5M 2022 6M 2022 7M 2022

0 0 0 0 0
3,055,086 3,055,086 3,055,086 3,055,086 3,055,086

3M 2022 4M 2022 5M 2022 6M 2022 7M 2022

-174,704 -226,889 -224,587 -214,568 -192,384

1,479,699 1,706,588 1,931,175 2,145,743 2,338,127
20.00% 20.00% 20.00% 20.00% 20.00%
0 0 0 0 0
 17 18 19 20 21
8M 2022 9M 2022 10M 2022 11M 2022 12M 2022

8M 2022 9M 2022 10M 2022 11M 2022 12M 2022

0.1812% 0.2516% 0.3498% 0.4871% 0.6793%

654,672 656,309 657,949 659,594 661,243

0.2963% 0.3823% 0.4931% 0.6361% 0.8206%
1,940 2,509 3,244 4,196 5,426
1,466 1,470 1,475 1,480 1,485
2,843,291 3,689,053 4,786,394 6,210,148 8,057,410
284,329 368,905 478,639 621,015 805,741

3,709,808 3,719,082 3,728,380 3,737,701 3,747,045

0.1609% 0.2285% 0.3245% 0.4608% 0.6543%
5,970 8,499 12,099 17,223 24,518
570 572 574 576 578
3,403,381 4,860,743 6,942,164 9,914,870 14,160,520
340,338 486,074 694,216 991,487 1,416,052

6,246,672 8,549,796 11,728,557 16,125,018 22,217,930

624,667 854,980 1,172,856 1,612,502 2,221,793

8M 2022 9M 2022 10M 2022 11M 2022 12M 2022

5,894 8,223 11,488 16,072 22,515

477,835 598,966 754,384 954,584 1,213,473
81.07 72.84 65.67 59.40 53.90
1.11 1.02 0.93 0.85 0.78

128,000.00 128,000.00 128,000.00 128,000.00 128,000.00

134,871.78 135,313.31 135,756.30 136,200.73 136,646.61

8M 2022 9M 2022 10M 2022 11M 2022 12M 2022

0 0 0 0 0
 300,000 300,000 300,000 300,000 300,000

8M 2022 9M 2022 10M 2022 11M 2022 12M 2022

312,334 427,490 586,428 806,251 1,110,897

641,266 801,860 1,007,589 1,272,198 1,613,899
-328,932 -374,371 -421,161 -465,947 -503,002
-42,260 -45,438 -46,790 -44,786 -37,055
8M 2022 9M 2022 10M 2022 11M 2022 12M 2022

0 0 0 0 0
3,055,086 3,055,086 3,055,086 3,055,086 3,055,086

8M 2022 9M 2022 10M 2022 11M 2022 12M 2022

-151,471 -82,194 29,511 204,103 471,248

2,489,598 2,571,792 2,542,281 2,338,178 1,866,930
20.00% 20.00% 20.00% 20.00% 20.00%
0 0 0 0 0
 22 23 24 25 26
1M 2023 2M 2023 3M 2023 4M 2023 5M 2023

1M 2023 2M 2023 3M 2023 4M 2023 5M 2023

0.9486% 1.3263% 1.8568% 2.6022% 3.6509%

662,896 664,554 666,215 667,881 669,550

1.0585% 1.3655% 1.7615% 2.2724% 2.9313%
7,017 9,075 11,736 15,177 19,627
1,490 1,495 1,500 1,505 1,509
10,454,157 13,563,837 17,598,517 22,833,349 29,625,327
1,045,416 1,356,384 1,759,852 2,283,335 2,962,533

3,756,413 3,765,804 3,775,219 3,784,657 3,794,118

0.9292% 1.3194% 1.8736% 2.6605% 3.7779%
34,903 49,687 70,731 100,689 143,336
579 581 583 585 587
20,224,201 28,884,413 41,253,017 58,917,984 84,147,274
2,022,420 2,888,441 4,125,302 5,891,798 8,414,727

30,678,358 42,448,249 58,851,534 81,751,334 113,772,601

3,067,836 4,244,825 5,885,153 8,175,133 11,377,260

1M 2023 2M 2023 3M 2023 4M 2023 5M 2023

31,580 44,348 62,344 87,731 123,573

1,549,547 1,987,484 2,560,312 3,312,384 4,303,441
49.07 44.82 41.07 37.76 34.82
0.72 0.67 0.62 0.58 0.54

128,000.00 128,000.00 128,000.00 180,800.00 180,800.00

137,093.96 137,542.77 137,993.05 195,553.28 196,193.47

1M 2023 2M 2023 3M 2023 4M 2023 5M 2023

0 0 0 0 0
 300,000 300,000 300,000 300,000 300,000

1M 2023 2M 2023 3M 2023 4M 2023 5M 2023

1,533,918 2,122,412 2,942,577 4,087,567 5,688,630

2,056,891 2,633,443 3,386,717 4,374,638 5,675,192
-522,974 -511,031 -444,140 -287,071 13,438
-19,971 11,943 66,890 157,069 300,509
1M 2023 2M 2023 3M 2023 4M 2023 5M 2023

0 0 0 0 0
3,055,086 3,055,086 3,055,086 3,055,086 3,055,086

1M 2023 2M 2023 3M 2023 4M 2023 5M 2023

873,850 1,393,712 1,967,036 3,004,119 4,588,229

993,080 0 0 0 0
20.00% 20.00% 20.00% 20.00% 20.00%
0 80,126 393,407 600,824 917,646
 27 28 29 30 31
6M 2023 7M 2023 8M 2023 9M 2023 10M 2023

6M 2023 7M 2023 8M 2023 9M 2023 10M 2023

5.1271% 7.2067% 7.5484% 7.9542% 8.4421%

671,224 672,902 674,584 676,271 677,962

3.7814% 4.8780% 6.2927% 8.1176% 10.4717%
25,382 32,824 42,449 54,897 70,994
1,514 1,519 1,524 1,529 1,534
38,437,638 49,871,247 64,705,883 83,953,209 108,925,820
3,843,764 4,987,125 6,470,588 8,395,321 10,892,582

3,803,604 3,813,113 3,822,645 3,832,202 3,841,782

5.3646% 7.6177% 7.7700% 7.9254% 8.0839%
204,047 290,471 297,021 303,718 310,567
589 591 593 595 597
120,180,006 171,642,327 176,087,445 180,647,680 185,326,015
12,018,001 17,164,233 17,608,744 18,064,768 18,532,602

158,617,645 221,513,574 240,793,328 264,600,890 294,251,835

15,861,764 22,151,357 24,079,333 26,460,089 29,425,184

6M 2023 7M 2023 8M 2023 9M 2023 10M 2023

174,210 245,795 257,252 270,701 286,696

5,614,217 7,354,154 7,169,376 7,050,107 7,000,515
32.23 29.92 27.87 26.04 24.42
0.50 0.47 0.42 0.38 0.34

180,800.00 180,800.00 180,800.00 180,800.00 180,800.00

196,835.76 197,480.15 198,126.64 198,775.26 199,426.00

6M 2023 7M 2023 8M 2023 9M 2023 10M 2023

0 0 0 0 0
 300,000 300,000 300,000 300,000 300,000

6M 2023 7M 2023 8M 2023 9M 2023 10M 2023

7,930,882 11,075,679 12,039,666 13,230,044 14,712,592

7,393,714 9,672,935 9,460,720 9,339,725 9,316,908
537,168 1,402,743 2,578,947 3,890,319 5,395,683
523,730 865,575 1,176,203 1,311,372 1,505,364
6M 2023 7M 2023 8M 2023 9M 2023 10M 2023

0 0 0 0 0
3,055,086 3,055,086 3,055,086 3,055,086 3,055,086

6M 2023 7M 2023 8M 2023 9M 2023 10M 2023

6,892,679 10,234,118 12,017,072 14,101,324 16,590,708

0 0 0 0 0
20.00% 20.00% 20.00% 20.00% 20.00%
1,378,536 2,046,824 2,403,414 2,820,265 3,318,142
 32 33 34 35 36
11M 2023 12M 2023 1M 2024 2M 2024 3M 2024

11M 2023 12M 2023 1M 2024 2M 2024 3M 2024

8.6109% 8.7832% 8.9588% 9.1380% 9.3208%

679,657 681,356 683,059 684,767 686,479

10.6811% 10.8947% 11.1126% 11.3349% 11.5616%
72,595 74,232 75,906 77,617 79,368
1,539 1,544 1,549 1,554 1,560
111,746,734 114,640,702 117,609,616 120,655,419 123,780,100
11,174,673 11,464,070 11,760,962 12,065,542 12,378,010

3,851,387 3,861,015 3,870,668 3,880,345 3,890,045

8.2456% 8.4105% 8.5787% 8.7503% 8.9253%
317,571 324,732 332,055 339,542 347,199
599 601 603 605 607
190,125,507 195,049,294 200,100,596 205,282,713 210,599,035
19,012,551 19,504,929 20,010,060 20,528,271 21,059,904

301,872,241 309,689,996 317,710,212 325,938,132 334,379,135

30,187,224 30,969,000 31,771,021 32,593,813 33,437,914

11M 2023 12M 2023 1M 2024 2M 2024 3M 2024

72.56174033683

293,161 299,772 306,532 313,444 320,513

6,733,428 6,497,734 6,290,818 6,110,429 5,954,644
22.97 21.68 20.52 19.49 18.58
0.32 0.30 0.28 0.27 0.26

180,800.00 180,800.00 180,800.00 180,800.00 180,800.00

200,078.87 200,733.87 201,391.02 202,050.33 202,711.79

11M 2023 12M 2023 1M 2024 2M 2024 3M 2024

0 0 0 0 0
 300,000 300,000 300,000 300,000 300,000

11M 2023 12M 2023 1M 2024 2M 2024 3M 2024

15,093,612 15,484,500 15,885,511 16,296,907 16,718,957

8,961,446 8,647,764 8,372,381 8,132,304 7,924,970
6,132,166 6,836,736 7,513,130 8,164,603 8,793,987
736,483 704,570 676,394 651,473 629,384
11M 2023 12M 2023 1M 2024 2M 2024 3M 2024

0 0 0 0 0
3,055,086 3,055,086 3,055,086 3,055,086 3,055,086

11M 2023 12M 2023 1M 2024 2M 2024 3M 2024

17,521,416 18,433,752 19,331,041 20,216,216 21,091,860

0 0 0 0 0
20.00% 20.00% 20.00% 20.00% 20.00%
3,504,283 3,686,750 3,866,208 4,043,243 4,218,372
 1
FINANCIAL REPORTS
4M 2021

INCOME STATEMENT 4M 2021

Revenue INR 2,250

Raw Materials INR 0
Operating Expenses INR -16,659
Wage Expenses INR -45,000
Property Tax INR 0
EBITDA INR -59,409

Depriciation INR 0
EBIT INR -59,409
Interest Expense INR 0
Income before Tax INR -59,409
Income Tax INR 0
Net Income INR -59,409

CASH FLOW STATEMENT 4M 2021

Net Income INR -59,409

Depriciation INR 0
Change in Net Working Capital INR 15,534
Cash Flow from Operating Activities INR -43,875

Cash paid for equipment INR -200,000

Cash Flow from Investing Activities INR -200,000

Equity Inflow INR 243,931

Proceeds From Borrowing INR 0
Repayment of Debt INR 0
Cash Flow from Financing Activities INR 243,931

Change in Cash INR 56

Cash at the beginning of Period INR 0
Cash at the end of Period INR 56

BALANCE SHEET 4M 2021

Equipments and Other Assets INR 200,000

Capital Work in Progress INR 0
Total Fixed Assets INR 200,000
Raw Materials and Components INR 0
Finished Goods INR 0
Accounts Receivables INR 1,125
Cash INR 56
Total Current Assets INR 1,181

TOTAL ASSETS INR 201,181

Owner's Equity INR 243,931

Retained Earnings INR -59,409
Total Equity INR 184,522

Loans INR 0
Accounts Payables INR 16,659

TOTAL LIABILITIES AND EQUITY INR 201,181

Check INR 0
 2 3 4 5 6
5M 2021 6M 2021 7M 2021 8M 2021 9M 2021

5M 2021 6M 2021 7M 2021 8M 2021 9M 2021

1,356 3,611 8,960 15,086 22,959

0 0 0 0 0
-8,407 -18,652 -40,472 -58,689 -77,428
-45,147 -45,295 -60,591 -81,053 -81,318
0 0 0 0 0
-52,198 -60,335 -92,103 -124,655 -135,788

0 0 0 0 0
-52,198 -60,335 -92,103 -124,655 -135,788
0 0 0 0 0
-52,198 -60,335 -92,103 -124,655 -135,788
0 0 0 0 0
-52,198 -60,335 -92,103 -124,655 -135,788

5M 2021 6M 2021 7M 2021 8M 2021 9M 2021

-52,198 -60,335 -92,103 -124,655 -135,788

0 0 0 0 0
-7,805 9,117 19,146 15,153 14,804
-60,003 -51,219 -72,957 -109,502 -120,984

0 0 0 0 -50,000
0 0 0 0 -50,000

60,093 58,385 85,818 106,859 2,500,000

0 0 0 0 0
0 0 0 0 0
60,093 58,385 85,818 106,859 2500000

90 7,166 12,861 -2,643 2,329,016

56 146 7,312 20,174 17,530
146 7,312 20,174 17,530 2,346,546

5M 2021 6M 2021 7M 2021 8M 2021 9M 2021

200,000 200,000 200,000 200,000 250,000

0 0 0 0 0
200,000 200,000 200,000 200,000 250,000
 0 0 0 0 0
0 0 0 0 0
678 1,806 4,480 7,543 11,479
146 7,312 20,174 17,530 2,346,546
824 9,118 24,654 25,073 2,358,025

200,824 209,118 224,654 225,073 2,608,025

304,024 362,409 448,227 555,086 3,055,086

-111,607 -171,943 -264,046 -388,701 -524,489
192,417 190,466 184,181 166,385 2,530,597

0 0 0 0 0
8,407 18,652 40,472 58,689 77,428

200,824 209,118 224,654 225,073 2,608,025

0 0 0 0 0
 7 8 9 10 11
10M 2021 11M 2021 12M 2021 1M 2022 2M 2022

10M 2021 11M 2021 12M 2021 1M 2022 2M 2022

30,670 41,054 55,065 74,015 99,703

0 0 0 0 0
-91,320 -108,305 -129,161 -154,883 -186,744
-81,584 -81,851 -82,119 -82,388 -82,658
0 0 0 0 0
-142,234 -149,102 -156,215 -163,256 -169,699

0 0 0 0 0
-142,234 -149,102 -156,215 -163,256 -169,699
0 0 0 0 0
-142,234 -149,102 -156,215 -163,256 -169,699
0 0 0 0 0
-142,234 -149,102 -156,215 -163,256 -169,699

10M 2021 11M 2021 12M 2021 1M 2022 2M 2022

-142,234 -149,102 -156,215 -163,256 -169,699

0 0 0 0 0
10,036 11,793 13,850 16,247 19,017
-132,198 -137,310 -142,365 -147,009 -150,681

-50,000 0 0 0 0
-50,000 0 0 0 0

0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0

-182,198 -137,310 -142,365 -147,009 -150,681

2,346,546 2,164,348 2,027,038 1,884,673 1,737,665
2,164,348 2,027,038 1,884,673 1,737,665 1,586,983

10M 2021 11M 2021 12M 2021 1M 2022 2M 2022

300,000 300,000 300,000 300,000 300,000

0 0 0 0 0
300,000 300,000 300,000 300,000 300,000
 0 0 0 0 0
0 0 0 0 0
15,335 20,527 27,533 37,008 49,852
2,164,348 2,027,038 1,884,673 1,737,665 1,586,983
2,179,683 2,047,565 1,912,206 1,774,672 1,636,835

2,479,683 2,347,565 2,212,206 2,074,672 1,936,835

3,055,086 3,055,086 3,055,086 3,055,086 3,055,086

-666,723 -815,826 -972,041 -1,135,296 -1,304,995
2,388,363 2,239,260 2,083,045 1,919,790 1,750,091

0 0 0 0 0
91,320 108,305 129,161 154,883 186,744

2,479,683 2,347,565 2,212,206 2,074,672 1,936,835

0 0 0 0 0
 12 13 14 15 16
3M 2022 4M 2022 5M 2022 6M 2022 7M 2022

3M 2022 4M 2022 5M 2022 6M 2022 7M 2022

134,604 182,132 247,003 335,752 457,440

0 0 0 0 0
-226,380 -275,900 -338,035 -416,327 -515,393
-82,929 -133,120 -133,556 -133,993 -134,432
0 0 0 0 0
-174,704 -226,889 -224,587 -214,568 -192,384

0 0 0 0 0
-174,704 -226,889 -224,587 -214,568 -192,384
0 0 0 0 0
-174,704 -226,889 -224,587 -214,568 -192,384
0 0 0 0 0
-174,704 -226,889 -224,587 -214,568 -192,384

3M 2022 4M 2022 5M 2022 6M 2022 7M 2022

-174,704 -226,889 -224,587 -214,568 -192,384

0 0 0 0 0
22,186 25,757 29,699 33,918 38,222
-152,519 -201,132 -194,888 -180,650 -154,163

0 0 0 0 0
0 0 0 0 0

0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0

-152,519 -201,132 -194,888 -180,650 -154,163

1,586,983 1,434,465 1,233,333 1,038,444 857,794
1,434,465 1,233,333 1,038,444 857,794 703,632

3M 2022 4M 2022 5M 2022 6M 2022 7M 2022

300,000 300,000 300,000 300,000 300,000

0 0 0 0 0
300,000 300,000 300,000 300,000 300,000
 0 0 0 0 0
0 0 0 0 0
67,302 91,066 123,502 167,876 228,720
1,434,465 1,233,333 1,038,444 857,794 703,632
1,501,767 1,324,399 1,161,946 1,025,670 932,352

1,801,767 1,624,399 1,461,946 1,325,670 1,232,352

3,055,086 3,055,086 3,055,086 3,055,086 3,055,086

-1,479,699 -1,706,588 -1,931,175 -2,145,743 -2,338,127
1,575,387 1,348,498 1,123,911 909,343 716,959

0 0 0 0 0
226,380 275,900 338,035 416,327 515,393

1,801,767 1,624,399 1,461,946 1,325,670 1,232,352

0 0 0 0 0
 17 18 19 20 21
8M 2022 9M 2022 10M 2022 11M 2022 12M 2022

8M 2022 9M 2022 10M 2022 11M 2022 12M 2022

624,667 854,980 1,172,856 1,612,502 2,221,793

0 0 0 0 0
-641,266 -801,860 -1,007,589 -1,272,198 -1,613,899
-134,872 -135,313 -135,756 -136,201 -136,647
0 0 0 0 0
-151,471 -82,194 29,511 204,103 471,248

0 0 0 0 0
-151,471 -82,194 29,511 204,103 471,248
0 0 0 0 0
-151,471 -82,194 29,511 204,103 471,248
0 0 0 0 0
-151,471 -82,194 29,511 204,103 471,248

8M 2022 9M 2022 10M 2022 11M 2022 12M 2022

-151,471 -82,194 29,511 204,103 471,248

0 0 0 0 0
42,260 45,438 46,790 44,786 37,055
-109,211 -36,756 76,301 248,889 508,303

0 0 0 0 0
0 0 0 0 0

0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0

-109,211 -36,756 76,301 248,889 508,303

703,632 594,421 557,665 633,966 882,855
594,421 557,665 633,966 882,855 1,391,158

8M 2022 9M 2022 10M 2022 11M 2022 12M 2022

300,000 300,000 300,000 300,000 300,000

0 0 0 0 0
300,000 300,000 300,000 300,000 300,000
 0 0 0 0 0
0 0 0 0 0
312,334 427,490 586,428 806,251 1,110,897
594,421 557,665 633,966 882,855 1,391,158
906,754 985,155 1,220,394 1,689,106 2,502,054

1,206,754 1,285,155 1,520,394 1,989,106 2,802,054

3,055,086 3,055,086 3,055,086 3,055,086 3,055,086

-2,489,598 -2,571,792 -2,542,281 -2,338,178 -1,866,930
565,488 483,294 512,805 716,908 1,188,156

0 0 0 0 0
641,266 801,860 1,007,589 1,272,198 1,613,899

1,206,754 1,285,155 1,520,394 1,989,106 2,802,054

0 0 0 0 0
 22 23 24 25 26
1M 2023 2M 2023 3M 2023 4M 2023 5M 2023

1M 2023 2M 2023 3M 2023 4M 2023 5M 2023

3,067,836 4,244,825 5,885,153 8,175,133 11,377,260

0 0 0 0 0
-2,056,891 -2,633,443 -3,386,717 -4,374,638 -5,675,192
-137,094 -137,543 -137,993 -195,553 -196,193
0 0 0 0 0
873,850 1,473,839 2,360,443 3,604,942 5,505,875

0 0 0 0 0
873,850 1,473,839 2,360,443 3,604,942 5,505,875
0 0 0 0 0
873,850 1,473,839 2,360,443 3,604,942 5,505,875
0 -80,126 -393,407 -600,824 -917,646
873,850 1,393,712 1,967,036 3,004,119 4,588,229

1M 2023 2M 2023 3M 2023 4M 2023 5M 2023

873,850 1,393,712 1,967,036 3,004,119 4,588,229

0 0 0 0 0
19,971 -11,943 -66,890 -157,069 -300,509
893,822 1,381,770 1,900,146 2,847,049 4,287,720

0 0 0 0 0
0 0 0 0 0

0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0

893,822 1,381,770 1,900,146 2,847,049 4,287,720

1,391,158 2,284,980 3,666,749 5,566,895 8,413,944
2,284,980 3,666,749 5,566,895 8,413,944 12,701,664

1M 2023 2M 2023 3M 2023 4M 2023 5M 2023

300,000 300,000 300,000 300,000 300,000

0 0 0 0 0
300,000 300,000 300,000 300,000 300,000
 0 0 0 0 0
0 0 0 0 0
1,533,918 2,122,412 2,942,577 4,087,567 5,688,630
2,284,980 3,666,749 5,566,895 8,413,944 12,701,664
3,818,897 5,789,162 8,509,471 12,501,511 18,390,294

4,118,897 6,089,162 8,809,471 12,801,511 18,690,294

3,055,086 3,055,086 3,055,086 3,055,086 3,055,086

-993,080 400,632 2,367,668 5,371,787 9,960,016
2,062,006 3,455,718 5,422,754 8,426,873 13,015,102

0 0 0 0 0
2,056,891 2,633,443 3,386,717 4,374,638 5,675,192

4,118,897 6,089,162 8,809,471 12,801,511 18,690,294

0 0 0 0 0
 27 28 29 30 31
6M 2023 7M 2023 8M 2023 9M 2023 10M 2023

6M 2023 7M 2023 8M 2023 9M 2023 10M 2023

15,861,764 22,151,357 24,079,333 26,460,089 29,425,184

0 0 0 0 0
-7,393,714 -9,672,935 -9,460,720 -9,339,725 -9,316,908
-196,836 -197,480 -198,127 -198,775 -199,426
0 0 0 0 0
8,271,215 12,280,942 14,420,487 16,921,588 19,908,849

0 0 0 0 0
8,271,215 12,280,942 14,420,487 16,921,588 19,908,849
0 0 0 0 0
8,271,215 12,280,942 14,420,487 16,921,588 19,908,849
-1,378,536 -2,046,824 -2,403,414 -2,820,265 -3,318,142
6,892,679 10,234,118 12,017,072 14,101,324 16,590,708

6M 2023 7M 2023 8M 2023 9M 2023 10M 2023

6,892,679 10,234,118 12,017,072 14,101,324 16,590,708

0 0 0 0 0
-523,730 -865,575 -1,176,203 -1,311,372 -1,505,364
6,368,949 9,368,543 10,840,869 12,789,951 15,085,343

0 0 0 0 0
0 0 0 0 0

0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0

6,368,949 9,368,543 10,840,869 12,789,951 15,085,343

12,701,664 19,070,613 28,439,156 39,280,025 52,069,976
19,070,613 28,439,156 39,280,025 52,069,976 67,155,319

6M 2023 7M 2023 8M 2023 9M 2023 10M 2023

300,000 300,000 300,000 300,000 300,000

0 0 0 0 0
300,000 300,000 300,000 300,000 300,000
 0 0 0 0 0
0 0 0 0 0
7,930,882 11,075,679 12,039,666 13,230,044 14,712,592
19,070,613 28,439,156 39,280,025 52,069,976 67,155,319
27,001,495 39,514,835 51,319,691 65,300,020 81,867,911

27,301,495 39,814,835 51,619,691 65,600,020 82,167,911

3,055,086 3,055,086 3,055,086 3,055,086 3,055,086

16,852,695 27,086,813 39,103,886 53,205,209 69,795,917
19,907,781 30,141,899 42,158,971 56,260,295 72,851,002

0 0 0 0 0
7,393,714 9,672,935 9,460,720 9,339,725 9,316,908

27,301,495 39,814,835 51,619,691 65,600,020 82,167,911

0 0 0 0 0
 32 33 34 35 36
11M 2023 12M 2023 1M 2024 2M 2024 3M 2024

11M 2023 12M 2023 1M 2024 2M 2024 3M 2024

30,187,224 30,969,000 31,771,021 32,593,813 33,437,914

0 0 0 0 0
-8,961,446 -8,647,764 -8,372,381 -8,132,304 -7,924,970
-200,079 -200,734 -201,391 -202,050 -202,712
0 0 0 0 0
21,025,699 22,120,502 23,197,249 24,259,459 25,310,232

0 0 0 0 0
21,025,699 22,120,502 23,197,249 24,259,459 25,310,232
0 0 0 0 0
21,025,699 22,120,502 23,197,249 24,259,459 25,310,232
-3,504,283 -3,686,750 -3,866,208 -4,043,243 -4,218,372
17,521,416 18,433,752 19,331,041 20,216,216 21,091,860

11M 2023 12M 2023 1M 2024 2M 2024 3M 2024

17,521,416 18,433,752 19,331,041 20,216,216 21,091,860

0 0 0 0 0
-736,483 -704,570 -676,394 -651,473 -629,384
16,784,933 17,729,181 18,654,647 19,564,743 20,462,476

0 0 0 0 0
0 0 0 0 0

0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0

16,784,933 17,729,181 18,654,647 19,564,743 20,462,476

67,155,319 83,940,252 101,669,434 120,324,081 139,888,824
83,940,252 101,669,434 120,324,081 139,888,824 160,351,300

11M 2023 12M 2023 1M 2024 2M 2024 3M 2024

300,000 300,000 300,000 300,000 300,000

0 0 0 0 0
300,000 300,000 300,000 300,000 300,000
 0 0 0 0 0
0 0 0 0 0
15,093,612 15,484,500 15,885,511 16,296,907 16,718,957
83,940,252 101,669,434 120,324,081 139,888,824 160,351,300
99,033,865 117,153,934 136,209,592 156,185,731 177,070,257

99,333,865 117,453,934 136,509,592 156,485,731 177,370,257

3,055,086 3,055,086 3,055,086 3,055,086 3,055,086

87,317,332 105,751,084 125,082,125 145,298,341 166,390,201
90,372,418 108,806,170 128,137,211 148,353,427 169,445,287

0 0 0 0 0
8,961,446 8,647,764 8,372,381 8,132,304 7,924,970

99,333,865 117,453,934 136,509,592 156,485,731 177,370,257

0 0 0 0 0
 1
FINANCIAL ANALYSIS
4M 2021

FCFE INR -243,875

Annual Discount Rate 0.2 % 0.2
Discount Index Times 1.00
Discounted Cash Flow INR -243,875
Accumulated Discounted Cash Flow INR -243,875

NPV 98,074,013 INR

3/31/2024
 2 3 4 5 6
5M 2021 6M 2021 7M 2021 8M 2021 9M 2021

-60,003 -51,219 -72,957 -109,502 -170,984

0.2 0.2 0.2 0.2 0.2
0.98 0.97 0.96 0.94 0.93
-59,099 -49,686 -69,706 -103,045 -158,476
-302,974 -352,659 -422,365 -525,410 -683,887
 7 8 9 10 11
10M 2021 11M 2021 12M 2021 1M 2022 2M 2022

-182,198 -137,310 -142,365 -147,009 -150,681

0.2 0.2 0.2 0.2 0.2
0.91 0.90 0.89 0.87 0.86
-166,323 -123,456 -126,071 -128,220 -129,442
-850,210 -973,666 -1,099,737 -1,227,957 -1,357,399
 12 13 14 15 16
3M 2022 4M 2022 5M 2022 6M 2022 7M 2022

-152,519 -201,132 -194,888 -180,650 -154,163

0.2 0.2 0.2 0.2 0.2
0.85 0.83 0.82 0.81 0.80
-129,045 -167,610 -159,958 -146,036 -122,745
-1,486,444 -1,654,054 -1,814,012 -1,960,048 -2,082,793
 17 18 19 20 21
8M 2022 9M 2022 10M 2022 11M 2022 12M 2022

-109,211 -36,756 76,301 248,889 508,303

0.2 0.2 0.2 0.2 0.2
0.78 0.77 0.76 0.75 0.74
-85,643 -28,389 58,044 186,482 375,106
-2,168,436 -2,196,825 -2,138,781 -1,952,299 -1,577,193
 22 23 24 25 26
1M 2023 2M 2023 3M 2023 4M 2023 5M 2023

893,822 1,381,770 1,900,146 2,847,049 4,287,720

0.2 0.2 0.2 0.2 0.2
0.73 0.72 0.71 0.69 0.68
649,656 989,168 1,339,747 1,977,118 2,932,685
-927,537 61,631 1,401,378 3,378,496 6,311,181
 27 28 29 30 31
6M 2023 7M 2023 8M 2023 9M 2023 10M 2023

6,368,949 9,368,543 10,840,869 12,789,951 15,085,343

0.2 0.2 0.2 0.2 0.2
0.67 0.66 0.65 0.64 0.63
4,290,505 6,216,046 7,084,478 8,232,168 9,563,175
10,601,686 16,817,732 23,902,210 32,134,378 41,697,552
 32 33 34 35 36
11M 2023 12M 2023 1M 2024 2M 2024 3M 2024

16,784,933 17,729,181 18,654,647 19,564,743 20,462,476

0.2 0.2 0.2 0.2 0.2
0.62 0.61 0.61 0.60 0.59
10,480,164 10,902,816 11,298,964 11,671,516 12,023,001
52,177,716 63,080,532 74,379,496 86,051,013 98,074,013