Quarterly Information System - Form I

For Traders And Merchant Exporters

To be submitted in the week preceding the commencement of the Quarter to which the
statement relates

Estimates for the ensuing quarter ending .........

Name of borrower: (Amount: Rs. in lakhs)

A. Estimates for the current a) Sales Turnover

accounting year indicated i. Domestic Sales :
in the annual plan ii. Exports :
iii. Total :

b) Other Income :
(Duty drawback’ cash
assistance, commission
& brokerage received)

c) Gross Income (a+b) :

B. Estimates for the ensuing a) Sales Turnover

quarter ending i. Domestic Sales :
ii. Exports :
iii. Total :
b) Other Income :
(Duty drawback,
cash assistance,
commission &
brokerage received)
c) Gross Income (a+b) :

C. Estimates of current assets **

and current liabilities for the
ensuing quarter ending ........

Current Assets
i. Stocks-in-Trade :
(Months’ cost of sales)@

ii. a. Receivables other than deferred and exports :

(including bills purchased & discounted by bankers) ++
(Months’ domestic sales)@
b. Export receivables
(Including bills purchased/ discounted by bankers) ++ :
(Months’ Export sales)@

iii. Advance to suppliers of merchandise :

iv. Other current assets including cash and bank balance :

(Specify major items)

v. Total (estimated) current assets :

Current Liabilities

vi. Short term bank borrowing including bills purchased / :

discounted
.............................................. Bank
.............................................. Bank, etc.

vii. Sundry Creditors (Trade) :

(including those covered under usance Letter of Credit/
Co-acceptance facility from the banks)
(Break up details to be furnished separately)
(Months’ purchases)@

viii. Advance payments from customers :

ix. Statutory Liabilities :

x. Other current liabilities :

xi. Total (estimated) current liabilities. :

Notes:
i) Information in these forms is to be furnished for each line of activity/unit separately as also for
the company as a whole and where the different activities/units are financed by different banks,
the concerned activity/unit-wise data and data relating to the whole company should be furnished
to each financing bank.
ii) The valuation of current assets or current liabilities in these forms should be on the same basis
as adopted for the statutory balance sheet and should be applied on a consistent basis.
@iii) The period is to be shown in relation to the annual projection for the relative item.
++iv) Amount of bills purchased/discounted with bankers, included in item II of Part C should be
indicated separately.
** v) The classification of current assets or current liabilities should be made as per the usually
accepted approach of bankers and not as per definition in the Companies Act.
vi) In cases where Co-acceptances, guarantees, usance letter of credits etc., for acquiring current
assets are established over and above the levels determined and not forming part of creditors
level indicated at the time of assessment of working capital requirement, credit available from
these sources should be taken into account for the purpose of working out operative limits.