STATEMENT OF FINANCIAL POSITIONS

(Rs in Lacs)
Particulars Projected Projected Projected Projected Projected
31-Mar-12 31-Mar-13 31-Mar-14 31-Mar-15 31-Mar-16
1 FIXED ASSETS
1.1 Gross block 13.00 11.70 10.53 9.48 8.53
1.2
1.3 Depreciation 1.30 1.17 1.05 0.95 0.85
1.4 Net block 11.70 10.53 9.48 8.53 7.68
2 CURRENT ASSETS
2.1 Cash & Bank Balance 0.55 0.68 0.87 0.89 0.94
2.2 Sundry debtors 0.40 5.00 5.50 8.50 10.50
2.3 Misc Current Assets 0.00 0.00 0.00 0.00 0.00
2.4 Sub total (2.1+2.2+2.3) 0.95 5.68 6.37 9.39 11.44
2.5 Inventory 13.00 13.00 13.00 13.00 13.00
2.6 Total Current assets 13.95 18.68 19.37 22.39 24.44
3 CURRENT LIABILITIES
3.1 Short term Loans & Advances 1.00 1.00 1.00 1.00 1.00
3.2 Sundry Creditors 2.00 2.00 2.00 2.00 2.00
3.3 1) Prov for taxation 0.00 0.00 0.00 0.00 0.00
2) Prov for dividend 0.00 0.00 0.00 0.00 0.00
3.4 Misc Current Liabilities 0.00 0.00 0.00 0.00 0.00
3.5 Sub total (3.1+3.2+3.3+3.4) 3.00 3.00 3.00 3.00 3.00
3.6 Short term Bank Borrowings(Proposed cc) 0.00 0.00 0.00 0.00 0.00
3.7 Sub Total (3.5+3.6) 3.00 3.00 3.00 3.00 3.00
3.8 Net Current Assets (2.6-3.7) 10.95 15.68 16.37 19.39 21.44
3.9 CURRENT RATIO(2.6/3.7) 4.65 6.23 6.46 7.46 8.15
4 Investments & Non current assets 8.75 8.75 8.75 0.00 0.00
Total(1.4+3.8+4) 31.40 34.96 34.60 27.92 29.12
FINANCED BY
5 Long term loan
5.1 Secured 9.88 7.41 4.94 0.00 0.00
5.2 Unsecured 0.00 0.00 0.00 0.00 0.00
5.3 Sub total(5.1+5.2) 9.88 7.41 4.94 0.00 0.00
6 Shareholder's fund
6.1 Equity Share Capital 1.25 1.25 1.25 1.25 1.25
6.2 Subsidy 8.75 8.75 8.75 8.75 8.75
6.3 Reserves &Surplus 2.52 5.77 9.58 13.84 18.54
6.4 Sub total(6.1+6.2+6.3) 12.52 15.77 19.58 23.84 28.54
6.5 Intangible Assets 0.00 0.00 0.00 0.00 0.00
6.6 Tangible Net worth(6.4-6.5) 12.52 15.77 19.58 23.84 28.54
Total(5.3+6.6) 22.40 23.18 24.52 23.84 28.54
7 Debt Equity Ratio(5.3/6.6) 0.79 0.47 0.25 0.00 0.00
8 TOL/TNW(5.3+3.7)/6.6 1.03 0.66 0.41 0.13 0.11

PROFITABILITY STATEMENT
(Rs in Lacs)
Projected Projected Projected Projected Projected
31-Mar-12 31-Mar-13 31-Mar-14 31-Mar-15 31-Mar-16
1 Gross Sales 90.00 97.50 105.00 112.50 120.00
2 Net Sales 90.00 97.50 105.00 112.50 120.00
3 Cost of goods sold/Purchase 80.00 82.00 85.00 90.00 95.00
4 Gross Profit(2-3) 10.00 15.50 20.00 22.50 25.00
 5 Gross Profit to Net Sales(4x100/2) 11.11 15.90 19.05 20.00 20.83
6 Operating,Administrative,Selling 4.76 9.69 13.62 15.55 17.48
and General expenses
7 Interest 1.53 1.24 1.10 1.10 1.10
8 Operating Profit 3.71 4.57 5.28 5.85 6.42
9 Non operating surplus(+)/Deficit(-) 0.00 0.00 0.00 0.00 0.00
10 Pre tax profit/loss 3.71 4.57 5.28 5.85 6.42
11 Provision for taxation 0.19 0.23 0.26 0.29 0.32
12 Net profit/loss 3.52 4.34 5.02 5.56 6.10
13 Profit distribured through
a) Equity dividend 0.00 0.00 0.00 0.00 0.00
b) Others 1.00 1.09 1.21 1.30 1.40
14 Retained profit 2.52 3.25 3.81 4.26 4.70
15 Depreciation 1.30 1.17 1.05 0.95 0.85
16 Cash generation(12+15) 4.82 5.51 6.07 6.51 6.95

Highlights of the performance/financials As per Bank Policy

(Rs in lacs)
Sl No Particulars Projected Projected Projected Projected Projected
31-Mar-12 31-Mar-13 31-Mar-14 31-Mar-15 31-Mar-16
1 Gross sales 90 97.5 105 112.5 120
2 Net sales 90.00 97.50 105.00 112.50 120.00
3 Gross profit(% of net sales) 11.11 11.11 11.11 11.11 11.11
4 Operating Profit 3.71 4.57 4.57 4.57 4.57
5 Net profit after tax 3.52 4.34 4.34 4.34 4.34
6 Cash Generation 4.82 5.51 6.07 6.51 6.95
7 Cash Retained 3.82 4.42 4.86 5.21 5.55
8 Equity Capital 1.25 1.25 1.25 1.25 1.25
9 Tangible Net worth 12.52 15.77 19.58 23.84 28.54
10 Total Current Assets 13.95 18.68 19.37 22.39 24.44
11 Net working capital 10.95 15.68 16.37 19.39 21.44
12 Current Ratio 4.65 6.23 6.46 7.46 8.15
13 Debt Equity Ratio 0.79 0.47 0.25 0.00 0.00
14 TOL/TNW 1.03 0.66 0.41 0.13 0.11

Calculation of Bank Finance for working capital (Rs in lacs)

Key parameters Projected Projected Projected Projected Projected
Sl No Particulars 31-Mar-12 31-Mar-13 31-Mar-14 31-Mar-15 31-Mar-16
1 Gross sales 90.00 97.50 105.00 112.50 120.00
2 Purchases 80.00 82.00 85.00 90.00 95.00
3 Inventories 13.00 13.00 13.00 13.00 13.00
Amount
% of sales 14.44 13.33 12.38 11.56 10.83
4 Receivables 0.40 5.00 5.50 8.50 10.50
Amount
% of sales 0.44 5.13 5.24 7.56 8.75
5 Trade creditors 0.20 0.25 0.30 0.35 0.40
Amount 2.00 2.00 2.00 2.00
% of purchases 2.50 2.44 2.35 2.22 2.11
Permissible Bank Finance (Incase borrower applied for higher or lower than turn over method)-Alternate method
Sl No Particulars Projected Projected Projected Projected Projected
31-Mar-12 31-Mar-13 31-Mar-14 31-Mar-15 31-Mar-16
A Gross sales 90.00 97.50 105.00 112.50 120.00
 (I) Raw material 13.00 13.00 13.00 13.00 13.00
(ii) Work in process 0.00 0.00 0.00 0.00 0.00
(iii) Finished goods 0.00 0.00 0.00 0.00 0.00
(iv) Receivables 0.40 5.00 5.50 8.50 10.50
(v) Other C.A. 0.55 0.68 0.87 0.89 0.94

B Total ((I) to (v) 13.95 18.68 19.37 22.39 24.44

C Sundry creditors & ST Liability 3.00 3.00 3.00 3.00 3.00
D Working capital gap(B-C) 10.95 15.68 16.37 19.39 21.44

E % of working capital gap 12.17 16.08 15.59 17.24 17.87

to gross sales
F Proj Net working capital 1.95
or 20% of amount of C.A. 2.79 3.74 3.87 4.48 4.89
I.e item (D) whichever
is higher

G PBF (D-F) 8.16 11.94 12.50 14.91 16.55

NWC Long term source of fund-longterm application of fund

CALCULATION OF DSCR:

Sl. No. Particulars Projected Projected Projected Projected Projected

31-Mar-12 31-Mar-13 31-Mar-14 31-Mar-15 31-Mar-16
1 Net Profit 3.52 4.34 5.02 5.56 6.10
2 Depreciation 1.30 1.17 1.05 0.95 0.85
3 Interest on Term Loan 0.43 0.14 0.00 0.00 0.00
4 Instalment of Term Loan 3.29 3.58 3.72 3.72 3.72
5 DSCR 1.60 1.58 1.63 1.75 1.87
6 Average DSCR 1.64
Loan Amount 12.35
Repayment Period (Yrs.) 5
Rate of Interest 13.25 (BR+2.5%)
No. of Instalments 57
EMI 0.31
 Important formula
Lacs)
Working capital Current Assets(cash,stock,sundry debtors,non current assets)

Net woking capital Long term source of fund-long term application of funds(Margin)

Working capital gap Current assets- current liability other than bank borrowing

Long term source of funds

or long term liability Rs
Capital 1.25
Reserve & surplus 2.52
Long term loan 9.88
Others 0.00

Total 13.65

Long term application of funds

Fixed assets 11.70
Others 0.00

Total 11.70
NWC 1.95
 BRANCH

ACCOUNT

RISK RATING

SANCTIONING AUTHORITY

NATURE OF ACTIVITIES

IF MSE (MFG.) PRESENT AGGREGATE FUNDED LIMIT SANCTIONED BY BRANCH

TO ALL MSE (MFG.) ACCOUNTS WITH INVESTMENT IN PLANT AND MACHINERIES

NATURE OF PROPOSAL

NATURE OF FACILITIES EXISTING

A Application of the borrower : Annexure-I

B Analysis of performance/financials : Annexure II
C Present position of the account

Nature of Limit Value of Margin

Facility Sanctioned Security

D Guarantors/Collateral securities
a) Guarantors
Name Networth
As on

b) Collateral Securities

E Conduct of the account

a) Latest stage of documentation

Whether any lapses/irregularities/defects noticed in documentationI

by the Branch Inspector/RBI/Auditors and if so,latest stage of rectification
Defects pointed out
b) Adherence to the commitment in respect of repayment of term loan/DPG/HP instalment

l Term Loan from Bank

l Term loan from Financial Institution
l Deferred Payment Guarantee
l Hire Purchase

c) Submission of stock statement

(whether regular and prompt)
d) Whether commitments under letter of credit honoured promptly?
Whether the account is allowed to be overdrawn in case of retiral bills under L/C?
l L/C devolved during the year

Number

e) Are there any guarantee limit?

Guarantee invoked during last one year:-

Number

f) Details of excess drawings allowed

Sl no Date Amount Daily list

Number
& date

g) Operation at the branch

Sl no PARTICULARS 2006-07
1 Interest earned
2 Commission earned
3 Bills purchased/ discounted
4 L/C opened (Number& Amt)
5 Guarantee issued
6 Credit turnover
7 Highest debit balance

Comments on the conduct of accounts

 h) Group commitments

Name Branch Sanctioned limit

Funded Non funded

F Highlights of the performance/financials

Projected Projected
Sl No Particulars 31-Mar-12 31-Mar-13
1 Gross sales 90.00 97.50
2 Net sales 90.00 97.50
3 Gross profit(% of net sales) 11.11 11.11
4 Operating Profit 3.71 4.57
5 Net profit after tax 3.52 4.34
6 Cash Generation 4.82 5.51
7 Cash Retained 3.82 4.42
8 Equity Capital 1.25 1.25
9 Tangible Net worth 12.52 15.77
10 Total Current Assets 13.95 18.68
11 Net working capital 10.95 15.68
12 Current Ratio 4.65 6.23
13 Debt Equity Ratio 0.79 0.47
14 TOL/TNW 1.03 0.66

G Comments on the performance/financials:-

Specific comments must be furnished on-

a) Acceptability of projected sales based on past level of performance
installed capacity vis-à-vis utilisation and demand of the product
b) Acceptability of gross profit margin based on past actual
c) Projected level of interest payments based on the anticipated
level of working capital loan from Bank,term loan, unsecured loan
etc
d) Cash generation vis-à-vis retained profit
e) Improvement of networth
f) Net working capital vis-à-vis margin requirement and current ratio
g) TOL/TNW
 H Calculation of Bank Finance for working capital
(a) Key parameters
Sl No Particulars 31-Mar-12 31-Mar-13
1 Gross sales 90.00 97.50
2 Purchases 80.00 82.00
3 Inventories 13.00 13.00
Amount 0.00 0.00
% of sales 14.44 13.33
4 Receivables 0.40 5.00
Amount 0.00 0.00
% of sales 0.44 5.13
5 Trade creditors 0.20 0.25
Amount 0.00 2.00
% of purchases 2.50 2.44

Comments on the projected level and percentage in respect of the above items vis-à-vis
past actual
b) Proposed bank finance for the year (Turn over method)

1 Projected gross sales

2 Working capital gap
(25% of gross sales)
3 Less margin I.e 5% of the projected
Sales or projected net working capital
Whichever is higher
4 Permissible Bank Finance
5 Bank finance sought for by the borrower

In case the borrower applied for working capital limit higher or lower than that of computed
under Sl No 4, the following procedure should be adopted

Sl No Particulars 31-Mar-12 31-Mar-13

A Gross sales 90.00 97.50
(I) Raw material 13.00 13.00
(ii) Work in process 0.00 0.00
(iii) Finished goods 0.00 0.00
(iv) Receivables 0.40 5.00
(v) Other C.A. 0.55 0.68
0 0.00 0.00
B Total ((I) to (v) 13.95 18.68
C Sundry creditors & ST Liability 3.00 3.00
D Working capital gap(B-C) 10.95 15.68
0 0.00 0.00
E % of working capital gap 12.17 16.08
to gross sales 0.00 0.00
F Proj Net working capital 1.95 0.00
or 20% of amount of C.A. 2.79 3.74
0.00 0.00
I.e item (D) whichever 0.00 0.00
is higher 0.00 0.00
G PBF (D-F) 8.16 11.94

Note :Calculation of item (F) and (G) will be done for projected/estimated figures only

l Comments on the proposed bank finance

 I NON FUNDED LIMITS PROPOSED: (LETTER OF CREDIT)
Imported Indigenous
I) Estimated purchase during 20----
ii) Out of which raw materials to be purchased under L/c
iii) Time lag between date of opening L/C to date of shipment
iv) Time lag between date of shipment to date of receipt of material
v) Usance Credit excluding the period
mentioned under (iv)
vi) Total period
vii) Maximum requirement of L/C
(iixvi)/12
viii) Total requirement of L/C proposed
ix) Amount of Sundry Creditors considered
under L/C (DA) item (v)

b) Bank Guarantee

J Proposed Term loan

a) Purpose
b) Amount Proposed
c) DSCR

NOTE The cash flow statement will be required for the clients,seeking fresh term loan,
It may be observed that we have considered the actual availability of Cash towards
repayment of the term loan. Apart from computing DSCR, it is suggested to observe the
expected cash surplus I.e the cushion available as detailed in the format. The projected
closing cash balance at the end of each year must be at least 50% of the proposed
repayment of tht term liabilitilies for the respective year

For term loan/ DPG the minimum DSCR will be 1.50:1, for existing well established
borrowers. For a new company/ borrowers it should be 1.75:1
K Proposed Facilities
Nature of facilities Amount of limit
Existing Proposed

Detailed terms and conditions as per Annexure

Comments/ Recommendation of Branch

Comments/ Recommendation of regional Office

 PROPOSED

(Rs In Lacs)

Drawing Outstanding Irregulaties

Power as on

Value of
immovable
properties

Latest stage of rectification

tiral bills under L/C?

Amount

Amount

Rs in lacs

Date of Whether penal interest

Regularisation charged

2007-08 2008-09
 (Rs in lacs)

Asset Date of Conduct

Classification Last Review

Projected Projected Projected

31-Mar-14 31-Mar-15 31-Mar-16
105.00 112.50 120.00
105.00 112.50 120.00
11.11 11.11 11.11
4.57 4.57 4.57
4.34 4.34 4.34
6.07 6.51 6.95
4.86 5.21 5.55
1.25 1.25 1.25
19.58 23.84 28.54
19.37 22.39 24.44
16.37 19.39 21.44
6.46 7.46 8.15
0.25 0.00 0.00
0.41 0.13 0.11
31-Mar-14 31-Mar-15 31-Mar-16
105.00 112.50 120.00
85.00 90.00 95.00
13.00 13.00 13.00
0.00 0.00 0.00
12.38 11.56 10.83
5.50 8.50 10.50
0.00 0.00 0.00
5.24 7.56 8.75
0.30 0.35 0.40
2.00 2.00 2.00
2.35 2.22 2.11

2010-11

90.00
22.50

10.95

11.55
0.00

31-Mar-14 31-Mar-15 31-Mar-16

105.00 112.50 120.00
13.00 13.00 13.00
0.00 0.00 0.00
0.00 0.00 0.00
5.50 8.50 10.50
0.87 0.89 0.94
0.00 0.00 0.00
19.37 22.39 24.44
3.00 3.00 3.00
16.37 19.39 21.44
0.00 0.00 0.00
15.59 17.24 17.87
0.00 0.00 0.00
0.00 0.00 0.00
3.87 4.48 4.89
0.00 0.00 0.00
0.00 0.00 0.00
0.00 0.00 0.00
12.50 14.91 16.55
esh term loan,

Margin
Existing Proposed