OPENING BALANCE SHEET

LIABILITIES AMOUNT(Rs.) ASSETS

SHARE CAPITAL 92000 BUILDING

PLANT & EQUIPMENT
LONG TERM LOAN 368000 CASH

TOTAL 460000 TOTAL

CLOSING BALANCE SHEET

LIABILITIES AMOUNT (Rs.) ASSETS

SHARE CAPITAL 92000 BUILDING

RESERVE FUND 1281470.00 PLANT & EQUIPMENT
LONG TERM LOAN 368000 DEBTORS
CASH

TOTAL 1741470 TOTAL

AMOUNT(Rs.)

100000
350000
10000

460000

AMOUNT (Rs.)

90000.00
262500.00
630000
758970.00

1741470
Sl.No. Details
A Investment
A1 Land
A2 Building
A3 Plant and Machinery
Total Investment
B Sales
B1 Capacity Utilisation (%)
B2 Production of Kernel(in Kgs)
B3 Selling Price (Rs./Kg)
Sales Revenue
C Cost of Production and Sales
C1 Raw Materials
C2 Power & Fuel
C3 Salaries(1Sec@Rs5000, 1guard@Rs1800PM for 12 months)
C4 Wages(40 labourers) @Rs1800 PM(9 months)
C5 Factory Overheads
C6 Selling Expenses
C7 Interest on Working Capital Loan
Total Cost of Production and Sales
D Profit Before Depreciation, Interest and Tax (PBDIT)
E Depreciation
F Profit Before Interest (PBI)
G Interest on Term Loan
H Profit after interest and depreciation
Dividend
Reserve Fund

DETAILS OF DEPRECIATION
1 Value of buildings at yr beginning
2 Depreciation on buildings
3 Value of P&M at yr beginning
 4 Depreciation on P&M
5 Total Depreciation

Sl.No. Details
1 Total Variable Cost
2 Total Fixed Cost
3 Sales
4 Contribution/ Kg
5 Break Even Quantity (Kg)
 Year 0 Year 1

100000.00
350000.00
450000.00

2520000.00

840000.00
0.00
81600.00
648000.00
50000.00
50000.00
1750.00
1671350.00
848650.00
97500.00
751150.00
40480.00
710670.00
9200.00
701470.00

100000.00
0.10 10000.00
350000.00
 0.25 87500.00
97500.00

M-00 M-01
1417750.00
269500.00
2520000.00
#DIV/0!
#DIV/0!
SIALI LEAVES: PROFIT AND LOSS ACCOUNT

Sales 2520000
Less:
Raw Material 840000
Power & Fuel 4000
Salaries 81600
Wages 96000
Factory Overheads 60000
Depreciation 97500
Selling Expenses 8000
Interest on loan@11% 40480
Interest on short term loan 1750
Total Expenses 1229330

Net Profit 1290670

Less: Dividend 9200
Reserve Fund 1281470
SIALI LEAVES: CASH FLOW Aggregated for the Year March April

Purchase price per kg of raw nut 7.0 7.0

Raw Material(Dried Siali Leaves) 840000.0 105000.0 105000.0
Power & Fuel 4000.0 500.0 500.0
Salaries(1Sec/operator@Rs5000, 1guard/helper@Rs1800 for 12 months) 81600.0 6800.0 6800.0
Wages(10 labourers) @Rs 12000 PM(8 months) 96000.0 12000.0 12000.0
Manufaturing Overheads 60000.0 7500.0 7500.0
Selling Expenses(distributed over 8 months) 8000.0 1000.0 1000.0
Interest on short term loan @14%pa 1750.0 1750.0
Interest on short term loan@11% 40480.0
Total Expenses 1131830.0 132800.0 134550.0

Sales Quantity 252000.0 63000.0 63000.0

Sales @ Rs 10/kg of CHAKKI (80% recovery) one month credit 2520000.0 630000.0 630000.0
Cash received from Debtors 1890000.0 630000.0
Opening Cash Balance 10000.0 10000.0 27200.0
Total Receipts 10000.0 657200.0
Cash surplus or deficit -122800.0 522650.0
Borrowings 150000.0 150000.0 0.0
Loan Payments 150000.0 0.0 150000.0
Ending cash Balance 808650.0 27200.0 372650.0

Profit before depreciation 1388170.0

Less:- Depreciation 97500.0
Profit after interest & depreciation 1290670.0
Less:- Dividend @ 10% 10000.0
Profit after dividend 1280670.0
Calculations for interest
150000.0
Borrowings 150000.0 150000.0 0.0
Loan Payments 1750.0 0.0 150000.0
Net borrowings 150000.0 0.0
Interest Cost 1750.0 0.0
May June July August September October November December January February

7.0 0.0 0.0 0.0 0.0 7.0 7.0 7.0 7.0 7.0
105000.0 0.0 0.0 0.0 0.0 105000.0 105000.0 105000.0 105000.0 105000.0
500.0 0.0 0.0 0.0 0.0 500.0 500.0 500.0 500.0 500.0
6800.0 6800.0 6800.0 6800.0 6800.0 6800.0 6800.0 6800.0 6800.0 6800.0
12000.0 0.0 0.0 0.0 0.0 12000.0 12000.0 12000.0 12000.0 12000.0
7500.0 0.0 0.0 0.0 0.0 7500.0 7500.0 7500.0 7500.0 7500.0
1000.0 0.0 0.0 0.0 0.0 1000.0 1000.0 1000.0 1000.0 1000.0
0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

132800.0 6800.0 6800.0 6800.0 6800.0 132800.0 132800.0 132800.0 132800.0 132800.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 63000.0 63000.0
0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 630000.0 630000.0
630000.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 630000.0
372650.0 869850.0 863050.0 856250.0 849450.0 842650.0 709850.0 577050.0 444250.0 311450.0
1002650.0 869850.0 863050.0 856250.0 849450.0 842650.0 709850.0 577050.0 444250.0 941450.0
869850.0 863050.0 856250.0 849450.0 842650.0 709850.0 577050.0 444250.0 311450.0 808650.0
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 0.0
869850.0 863050.0 856250.0 849450.0 842650.0 709850.0 577050.0 444250.0 311450.0 808650.0
interest 40480.0
dividend 9200.0

loan 0.0
49680.0
Ending Cash 758970.0
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 0.0 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 0.0
0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Sl.No. Details M-00 M-01 M-02 M-03
A Investment
A1 Land -1.20
A2 Building -6.00
A3 Plant and Machinery -1.00
A5 Preliminary Expenses -0.50
A7 Working Capital Margin -15.49
Total Investment -24.19
B Sales
B1 Capacity Utilisation (%) 80.00 80.00 80.00
B2 Production of Kernel(in Kgs) 32400 32400 32400
B3 Selling Price (Rs./Kg) 200 210 221
Sales Revenue 64.80 68.04 71.44
C Cost of Production and Sales
C1 Raw Materials 49.25 51.71 54.30
C2 Power & Fuel 0.65 0.68 0.71
C3 Salaries(1Sec@Rs5000, 1guard@Rs1800PM for 12 months) 0.82 0.82 0.82
C4 Wages(40 labourers) @Rs1800 PM(9 months) 6.48 6.48 6.48
C5 Factory Overheads 0.50 0.53 0.55
C6 Selling Expenses 0.50 0.55 0.61
C7 Interest on Working Capital Loan 0.02 6.59 6.92
Total Cost of Production and Sales 58.21 67.35 70.39
D Profit Before Depreciation, Interest and Tax (PBDIT) 6.59 0.69 1.06
E Depreciation 0.85 0.73 0.63
F Profit Before Interest and Tax (PBIT) 5.74 -0.04 0.43
G Interest on Term Loan #REF! 1.25 1.13
H Profit Before Tax (PBT) #REF! -1.29 -0.70
I Write-off of preliminary expenses 0.05 0.05 0.05
J PBT less write-off of prel exp. #REF! -1.34 -0.75
K Unabsorbed loss of previous years 0.00 0.17 0.00
L Gross Income #REF! -1.51 -0.75
N Total Income #REF! -1.51 -0.75
O Income-tax Rate (%) 36.75 36.75 36.75
P Income-tax 0.00 -0.56 -0.28
Q Profit after tax (PAT) #REF! -0.96 -0.48
R Net Salvage Value of fixed assets
S Net Recovery of Working Capital Margin
T Net Cash Flow (NCF) -24.19 #REF! 0.61 0.92
U Present Value (PV) of Net Cash Flows -24.19 #REF!
V Net Present Value (NPV) #REF!
WORKING CAPITAL ESTIMATES
Norm in
months

1 Raw materials 49.25 51.71 54.30

5 Total current assets 49.25 51.71 54.30
6 Working capital margin @ 25% of total current assets 12.31 12.93 13.57
7 Trade credit 0.50 2.05 2.15 2.26
8 Bank credit for working capital 34.88 36.63 38.46
9 Interest rate on Working Capital Loan (%) 18.00 18.00 18.00
10 Interest on Working Capital Loan 6.28 6.59 6.92
DETAILS OF DEPRECIATION
 1 Value of buildings at yr beginning 6.00 5.40 4.86
2 Depreciation on buildings 10.00 0.60 0.54 0.49
3 Value of P&M at yr beginning 1.00 0.75 0.56
4 Depreciation on P&M 25.00 0.25 0.19 0.14
5 Total Depreciation 0.85 0.73 0.63
INTEREST ON TERM LOANS
1 Loan at the beginning of first half 10.43 10.43 9.78
2 Loan repayable during first half 0.00 0.00 0.65
3 Loan at the beginning of second half 10.43 10.43 9.13
4 Loan repayable during second half 0.00 0.65 0.65
5 Annual interest rate (%) 12.00 12.00 12.00
6 Annual interest 1.25 1.25 1.13
COST OF CAPITAL
1 Promoter's Equity 6.00 6.00 6.00
2 Term Loan 10.43 10.43 9.46
3 Khadi Village Industrial C 7.00 7.00 7.00
4 Dividend Rate (%) 0.00 12.00 12.00
5 Weighted cost of capital 4.82 9.20 9.30
6 Weighted average cost of capital 11.83

Sl.No. Details M-00 M-01 M-02 M-03

1 Total Variable Cost 55.41 64.54 67.55
2 Total Fixed Cost 2.83 2.72 2.64
3 Sales 64.80 64.80 64.80
4 Contribution/ Kg 0.00029 0.00029 0.00029
5 Break Even Quantity (Kg) 9767 9406 9123
M-04 M-05 M-06 M-07 M-08 M-09 M-10

80.00 80.00 80.00 80.00 80.00 80.00 80.00

32400 32400 32400 32400 32400 32400 32400
232 243 255 268 281 295 310
75.01 78.76 82.70 86.84 91.18 95.74 100.53

57.01 59.86 62.85 66.00 69.30 72.76 76.40

0.75 0.79 0.83 0.87 0.91 0.96 1.01
0.82 0.82 0.82 0.82 0.82 0.82 0.82
6.48 6.48 6.48 6.48 6.48 6.48 6.48
0.58 0.61 0.64 0.67 0.70 0.74 0.78
0.67 0.73 0.81 0.89 0.97 1.07 1.18
7.27 7.63 8.01 8.41 8.84 9.28 9.74
73.57 76.92 80.43 84.13 88.02 92.10 96.40
1.44 1.85 2.27 2.71 3.16 3.64 4.13
0.54 0.47 0.41 0.36 0.32 0.28 0.25
0.90 1.38 1.85 2.34 2.84 3.35 3.88
0.98 0.82 0.67 0.51 0.35 0.20 0.04
-0.08 0.55 1.19 1.83 2.49 3.15 3.84
0.05 0.05 0.05 0.05 0.05 0.05 0.05
-0.13 0.50 1.14 1.78 2.44 3.10 3.79
0.00 0.00 0.00 0.00 0.00 0.00 0.00
-0.13 0.50 1.14 1.78 2.44 3.10 3.79
-0.13 0.50 1.14 1.78 2.44 3.10 3.79
36.75 36.75 36.75 36.75 36.75 36.75 36.75
-0.05 0.18 0.42 0.66 0.90 1.14 1.39
-0.08 0.32 0.72 1.13 1.54 1.96 2.40
2.65
15.49
1.13 1.36 1.61 1.86 2.14 2.42 20.86

57.01 59.86 62.85 66.00 69.30 72.76 76.40

57.01 59.86 62.85 66.00 69.30 72.76 76.40
14.25 14.97 15.71 16.50 17.32 18.19 19.10
2.38 2.49 2.62 2.75 2.89 3.03 3.18
40.38 42.40 44.52 46.75 49.09 51.54 54.12
18.00 18.00 18.00 18.00 18.00 18.00 18.00
7.27 7.63 8.01 8.41 8.84 9.28 9.74
 4.37 3.94 3.54 3.19 2.87 2.58 2.32
0.44 0.39 0.35 0.32 0.29 0.26 0.23
0.42 0.32 0.24 0.18 0.13 0.10 0.08
0.11 0.08 0.06 0.04 0.03 0.03 0.02
0.54 0.47 0.41 0.36 0.32 0.28 0.25

8.48 7.18 5.88 4.58 3.28 1.98 0.68

0.65 0.65 0.65 0.65 0.65 0.65 0.68
7.83 6.53 5.23 3.93 2.63 1.33 0.00
0.65 0.65 0.65 0.65 0.65 0.65
12.00 12.00 12.00 12.00 12.00 12.00 12.00
0.98 0.82 0.67 0.51 0.35 0.20 0.04

6.00 6.00 6.00 6.00 6.00 6.00 6.00

8.16 6.86 5.56 4.26 2.96 1.66 0.34
7.00 7.00 7.00 7.00 7.00 7.00 7.00
14.00 14.00 16.00 16.00 18.00 18.00 20.00
10.31 10.58 11.96 12.51 14.56 15.75 19.33

M-04 M-05 M-06 M-07 M-08 M-09 M-10

70.72 74.04 77.54 81.21 85.08 89.14 93.40
2.58 2.53 2.49 2.46 2.45 2.43 2.43
64.80 64.80 64.80 64.80 64.80 64.80 64.80
0.00029 0.00029 0.00029 0.00029 0.00029 0.00029 0.00029
8902 8732 8603 8508 8443 8402 8383