Machines required for mat manufacturing line

S.N. Machine Quantity Unit Price(B

1 Bamboo Sawing Machines 8 38391
2 Bamboo splitting Machine 9 65512
3 Knob splitting Machine 1 45000
4 Polling Machines 1 45000
5 Polishing Machine 1 67500
6 Drying Machine 1 72600
7 Auto High Speed Cutter Grinder 2 66500
8 Weaving Machine 7 112000
9 Pressing Table 2 147250
10 Bamboo Pasting Machine 1 71000
11 Auto Sprayer 1 80000
12 Scission Machine 8 39000
13 Sewing Fringe 2 51400
Total Cost

Machines required for bamboo flooring manufacturing line

S.N. Machine Quantity Unit Price (
1 Bamboo Sawing Table 10 38391
2 Bamboo Splitting Machine 12 65512
3 Knob Splitting Machine 1 45000
4 Drying Machine 1 72600
5 Open side Auto four sides molder 2 62750
6 Automatic Cut-off Saw 4 39000
7 Roll Coater Glue Spreader 2 59420
8 High Frequency Board Joining Machine 2 133000
9 Hydraulic Cold Press 3 147200
10 Four Side Molder 2 92900
11 Auto Six Spindle Double End Miter Saw with Mol 2 80000
12 Light Duty Series Wide Belt Sander 3 88350
13 Reversible Roller Coater 3 76700
14 UV Curing Machine 3 65600
15 Lacquered Pan and Wide Belt Sander 4 88350
Total Cost

Machines require for incense sticks manufacturing line

S.N. Machine Quantity Unit Price(B
1 Bamboo Sawing Table 5 38391
2 Bamboo Splitting Machine 6 65512
3 Knob Splitting Machine 1 45000
4 Polling Table 1 45000
5 Drying Machine 1 72600
6 Incense Stick Sizing Machine 2 142000
7 Polishing Machine 1 67500
8 Auto High Speed Cutter Grinder 2 66500
Total Cost

Cost of Machines
S No. Machine Unit Price (Birr)
1 Band Saw 1 2,85,500
2 Drill Machine 1 44,000
3 Chip Carving Knife 10 1,000
4 Carpenter Chisels 10 2,000
5 U-gouges 10 1,500
6 V-gouges 10 1,500
7 Spoon gouges 10 2,500
8 Palm Tools 10 3,000
9 Carpentary Saw 1 9,500
Total 350,000
Sub total (Br)
307128
589608
45000
45000
67500
72600
133000
784000
294500
71000
80000
312000
102800
2,904,136.00

Sub total (Birr)

383910
786144
45000
72600
125500
156000
118840
266000
441600
185800
160000
265050
230100
196800
353400
3,786,744.00
 Sub total
191955
393072
45000
45000
72600
284000
67500
133000
3,232,127.00

Price (Birr)
1 Investment Financing
Sr. Description
No.
1 Land Lease
2 Building & Construction
3 Machineries
4 Axuilary Equipment
5 Pickup
6 Office Equipment
sub-Total Fixed Asset
Pre-production Cost
7 Initial Working Capital requirement(40% 0f Productio Cost)
Total Project Investment Cost
Debt : Equity Ratio

2 Land Lease
Land Lease payment rate per M2 per year is
Total Area or land holding
Lease period
Total lease payment years
The lessee shall pay a downpayment,10% of the total
lease amount of birr 12100 (included in the initial
Investment cost)

3 Building & Civil Work

Description
Bamboo Relate Products Processing Buildings

Workshop
Staff Residence
Bamboo Charcoal Production
Home Use Bamboo Briquette
Tooth Pick Production
Incense Stick Production
Bamboo Barbeque Stick
New plant for Plastic Straw
 Bamboo Flooring production
Bamboo Mat/panel production
Finished product store
Sub total
Grand Total

4 Machinery Cost
No. Description

Bamboo Related Product Machinery

1 Machines mat manufacturing line
2 Machines bamboo flooring manufacturing line
3 Machines incense sticks manufacturing line
4 Machines Furniture manufacturing line
5 Machines Charcoal manufacturing line
Total cost

4 Axuilary Equipment
Description

Transformer (520HP = 388kilowatt)

Electrical Installation
Generator

Total cost

5 Vecheceles

Veheceles
Equipemnt

Double Cap (4WD)

Forik lifet
TOATL VECHEL PURCASE

6 Furnture & Fixture

Description of Work
Plant manager office
Executive Table
Swivel Chair
Chair normal
Guest chair
 Computer Table
Filing Cabinet
Shelf with locker
Shelf ( 2 x 2)
Table with sink and Drawer
Computer with printer
Sub Total

7 PRE – OPERATING EXPENSE

PRE – OPERATING EXP

TYPE OF EXPENSES
Feasisbity Studies and Engineering
Installation Cost
Premium Insurance cost
Safety Wear & Uniforms
Legal documentation, security deposits,
stamp duty and other legal expenses
Total in Birr
 Total Investment cost (birr) Fund Allocation
The Promoter Equity Planned Works /BANK LOAN
12,100 3,630 8,470
10,500,000.00 3,150,000.00 7350000
14,640,000.00 4,392,000.00 10248000
2,790,000.00 837,000.00 1953000
5,000,000.00 1,500,000.00 3500000
453,000.00 135,900.00 317100
33,395,100.00 10,018,530.00 23,376,570
332,780.26 99,834.08 232946.1809325
26,131,400.00 7,839,420.00 18291980
59,859,280.26 17,957,784.08 41,901,496.18
30% 70%

1.21
2500
40
121,000

12,100

Unit Qty Unit Cost (Birr)

m2 300 2,500
m2 300 2,500
m2 300 2,500
m2 200 2,500
m2 100 2,500
m2 100 2,500
m2 200 2,500
m 2
200 2,500
 m2 2000 2,500
m2 200 2,500
m3 300 2,500
2500
2500

Qty. Cost( Birr)

LC FC

set 0 3,604,136
set 0 3,786,744
set 0 3,232,127
set 2,060,193 0
set 0 1,956,800
2,060,193 12,579,807

Qty/No. Coast (Birr)

FC LC
1 1,500,000
1 640,000
1 650,000

Veheceles
Capacity Required
Capc Unit Qty
4 person 1 4,500,000
5tone 1 500,000

Unit Qty Cost ( Et. Birr)

Pcs 1 30000
Pcs 2 25000
Pcs 1 12000
Pcs 2 12000
 Pcs 1 12000
Pcs 1 50,000
Pcs 1 60000
Pcs 1 40000
Pcs 1 25000
Set 1 150000

PRE – OPERATING EXPENSE

ASSUMPTIONS

1% Machinery and Equipments

0.50% Fixed Asset
One year Performa
1% Performa
Total Cost (Birr)

750,000.00
750,000.00
750,000.00
500,000.00
250,000.00
250,000.00
500,000.00
500,000.00
 5,000,000.00
500,000.00
750,000.00
10,500,000.00
10,500,000.00

TC

3,604,136
3,786,744
3,232,127
2,060,193
1,956,800
14,640,000

TOTAL
1,500,000
640,000
650,000
-
2,790,000

Cost
LC( Birr)
4,500,000
500,000
5,000,000

Cost ( Et. Birr)

30,000.00
50,000.00
12,000.00
24,000.00
 12,000.00
50,000.00
60,000.00
40,000.00
25,000.00
150,000.00
453,000.00

COST
20,000
146,400
73,200
45,000
48,180

332,780
No Machinery Unit

1 Bamboo Charcoal Production tons

2 Home Use Bamboo Briquette tons
3 Tooth Pick Production tons
4 Incense Stick Production tone
5 Bamboo Barbeque Stick kg
6 New plant for Plastic Straw tons
7 Bamboo Flooring production tons
8 Bamboo Mat/panel production tons

253USD 25kg
 Plant Capacity Y2 Y3 Y4 Y5
Per Day Per Annum 300 days (Y1)60% 80% 100% 100% 100%
2 600 800 1,000 1,000 1,000
5 1,500 2,000 3,333 3,333 3,333
0.40 120 160 266.67 267 267
0.6 180 240 400 400 400
1.00 300.00 400.0 666.667 667 667
2 450 600 1,000 1,000 1,000
5 1,500 2,000 3,333.33 3,333 3,333
4 1,200 1,600 2,666.67 2,667 2,667
5,850 7,800 12,667 12,667

29,333.33
36,666.67
572,916.67
25,462.96
36,666.67
Y6 Y7 Y8 Y9 Y10
100% 100% 100% 100% 100%
1,000 1,000 1,000 1,000 1,000
3,333 3,333 3,333 3,333 3,333
267 267 267 267 267
400 400 400 400 400
667 667 667 667 667
1,000 1,000 1,000 1,000 1,000
3,333 3,333 3,333 3,333 3,333
2,667 2,667 2,667 2,667 2,667
No Revenue Unit Y1 Y2
1 Bamboo Charcoal Production tons 600 800
2 Home Use Bamboo Briquette tons 1,500 2,000
3 Tooth Pick Production tons 120 160
4 Incense Stick Production tone 180 240
5 Bamboo Barbeque Stick kg 300 400
6 New plant for Plastic Straw tons 450 600
7 Bamboo Flooring production tons 1,500 2,000
8 Bamboo Mat/panel production tons 1,200 1,600
Price Assumption
Bamboo Charcoal Production Birr/unit 29,333.33 29,333.33
Home Use Bamboo Briquette Birr/unit 12,666.67 12,666.67
Tooth Pick Production Birr/unit 32,916.67 32,916.67
Incense Stick Production Birr/unit 25,462.96 25,462.96
Bamboo Barbeque Stick Birr/unit 36,666.67 36,666.67
New plant for Plastic Straw Birr/unit 18,678.00 18,678.00
Bamboo Flooring production Birr/unit 56,600.00 56,600.00
Bamboo Mat/panel production Birr/unit 56,600.00 56,600.00
Revenue
Bamboo Charcoal Production Birr/year 17,600,000 23,466,667
Home Use Bamboo Briquette 19,000,000 25,333,333
Tooth Pick Production 3,950,000 5,266,667
Incense Stick Production 4,583,333 6,111,111
Bamboo Barbeque Stick 11,000,000 14,666,667
New plant for Plastic Straw 8,405,100 11,206,800
Bamboo Flooring production 84,900,000 113,200,000
Bamboo Mat/panel production 67,920,000 90,560,000
Total Birr 217,358,433 289,811,244

Price Assumption Unit Y1

Bamboo Charcoal Production Birr/tons 29,333
Home Use Bamboo Briquette Birr/tons 12,667
Tooth Pick Production Birr/tons 32,917
Incense Stick Production Birr/kg 25,463
Bamboo Barbeque Stick Birr/tons 36,667
New plant for Plastic Straw Birr/tons 18,678
Bamboo Flooring production Birr/tons 56,600
Bamboo Mat/panel production Birr/tons 56,600

Revenue Unit Y1 Y2
Bamboo Charcoal Production Birr/year 17,600,000 23,466,667
Home Use Bamboo Briquette Birr/year 19,000,000 25,333,333
Tooth Pick Production Birr/year 3,950,000 5,266,667
Incense Stick Production Birr/year 4,583,333 6,111,111
Bamboo Barbeque Stick Birr/year 11,000,000 14,666,667
New plant for Plastic Straw Birr/year 8,405,100 11,206,800
Bamboo Flooring production Birr/year 84,900,000 113,200,000
Bamboo Mat/panel production Birr/year 67,920,000 90,560,000
Total Birr Birr/year 217,358,433 289,811,244

SN Description Projected Year

Y1 Y2
(USD) (USD)
Bamboo
320,000 426,667
Charcoal
Total 320,000 426,667
Y3 Y4 Y5 Y6 Y7
1,000 1,000 1,000 1,000 1,000
3,333 3,333 3,333 3,333 3,333
267 267 267 267 267
400 400 400 400 400
667 667 667 667 667
1,000 1,000 1,000 1,000 1,000
3,333 3,333 3,333 3,333 3,333
2,667 2,667 2,667 2,667 2,667

29,333.33 29,333.33 29,333.33 29,333.33 29,333.33

12,666.67 12,666.67 12,666.67 12,666.67 12,666.67
32,916.67 32,916.67 32,916.67 32,916.67 32,916.67
25,462.96 25,462.96 25,462.96 25,462.96 25,462.96
36,666.67 36,666.67 36,666.67 36,666.67 36,666.67
18,678.00 18,678.00 18,678.00 18,678.00 18,678.00
56,600.00 56,600.00 56,600.00 56,600.00 56,600.00
56,600.00 56,600.00 56,600.00 56,600.00 56,600.00

29,333,333 29,333,333 29,333,333 29,333,333 29,333,333

42,222,222 42,222,222 42,222,222 42,222,222 42,222,222
8,777,778 8,777,778 8,777,778 8,777,778 8,777,778
10,185,184 10,185,184 10,185,184 10,185,184 10,185,184
24,444,444 24,444,444 24,444,444 24,444,444 24,444,444
18,678,000 18,678,000 18,678,000 18,678,000 18,678,000
188,666,667 188,666,667 188,666,667 188,666,667 188,666,667
150,933,333 150,933,333 150,933,333 150,933,333 150,933,333
473,240,962 473,240,962 473,240,962 473,240,962 473,240,962
Y3
29,333,333
42,222,222
8,777,778
10,185,184
24,444,444
18,678,000
188,666,667
150,933,333
473,240,962

Y3
(USD)

533,333

533,333
 Y8 Y9 Y10
1,000 1,000 1,000
3,333 3,333 3,333
267 267 267
400 400 400
667 667 667
1,000 1,000 1,000
3,333 3,333 3,333
2,667 2,667 2,667

29,333.33 29,333.33 29,333.33

12,666.67 12,666.67 12,666.67
32,916.67 32,916.67 32,916.67
25,462.96 25,462.96 25,462.96
36,666.67 36,666.67 36,666.67
18,678.00 18,678.00 18,678.00
56,600.00 56,600.00 56,600.00
56,600.00 56,600.00 56,600.00

29,333,333 29,333,333 29,333,333

42,222,222 42,222,222 42,222,222
8,777,778 8,777,778 8,777,778
10,185,184 10,185,184 10,185,184
24,444,444 24,444,444 24,444,444
18,678,000 18,678,000 18,678,000
188,666,667 188,666,667 188,666,667
150,933,333 150,933,333 150,933,333
473,240,962 473,240,962 473,240,962
 Raw Material

Material & Input Y1

tons
Bamboo Tree 1,720
PPT 1.65
G-get Powder lump sum
Perfume
Packing Materials
Dimethyl Phthalate , Chadi, Patri, Gola,
lump sum
Adhesives & Nails
Raw Material Cost

2 Axularuy Materials

Material & Input Y1

tons
Bamboo Tree 1,720
PPT 1.65
G-get Powder lump sum
Perfume
Packing Materials
Dimethyl Phthalate , Chadi, Mota Cane, Patri,
lump sum
Gola, Adhesives & Nails
Raw Material Cost

3 Utility
Cost in Birr
Material and Input
Y1
Electricity Power 360,000
Water 143,000
Total Utility Cost 503,000

4 Salary
No Position / Description No of
No of General and Administrative Personnel personnel
1 General and Administrative Personnel 1
2 2 Department Managers 2
 3 3 Operational Managers 2
4 4 Accountant 2
5 5 Secretary 1
6 6 Sales Clerk 3
7 7 Marketing Officer 2
8 8 Public Relation 1
9 9 Store Keeper 2
10 10 Procurement Officer 1
11 11 Purchase Officer 2
12 12 Technician 2
13 13 Supervisor 3
14 14 Operators 10
15 15 Daily Laborers 36
16 16 Cleaners 5
17 17 Driver 1
18 18 Guards 4
Total 80

5 Repair & Maintenance Cost

Fixed Asset Original Cost

Description
(Birr)
Buildg & Constr 10,500,000
Machinery Cost & Axulaly Equipmwent 14,640,000
Vehicles and Moter 5,000,000
Office furn & Eqpt 453,000
Total 30,593,000

6 Spare parts & Consumables - Starting from 3rd year & onwards

Description Original cost

Machinery Cost &Axulaly Equipmwent 10,500,000

Vehicles and Moter 14,640,000
Total -

7
 Cost in Birr
Y1 Y2 Y3
cost tons cost tons
43,000,000 1,720 43,000,000 1,720
198,000 1.65 198,000 1.65
300,000 lump sum 300,000 lump sum
1,500 1,500
21,001,000 21,001,000
325,000 lump sum 325,000 lump sum
64,825,500 64,825,500

Cost in Birr
Y2 Y3
cost tons cost tons
43,000,000 1,720 43,000,000 1,720
198,000 1.65 198,000 1.65
300,000 lump sum 300,000 lump sum
1,500 1,500
21,001,000 21,001,000

325,000 lump sum 325,000 lump sum

64,825,500 64,825,500

r
Y2 Y3
363,600 367,236
145,860 148,777
509,460 516,013

Salary and wage Cost

Month Total Month Total Year
20,000.00 20,000.00 240,000.00
10,000.00 20,000.00 240,000.00
 8,000.00 16,000.00 192,000.00
5,000.00 10,000.00 120,000.00
5,000.00 5,000.00 60,000.00
4,000.00 12,000.00 144,000.00
4,000.00 8,000.00 96,000.00
6,000.00 6,000.00 72,000.00
4,000.00 8,000.00 96,000.00
5,000.00 5,000.00 60,000.00
5,000.00 10,000.00 120,000.00
5,500.00 11,000.00 132,000.00
4,500.00 13,500.00 162,000.00
3,500.00 35,000.00 420,000.00
2,500.00 90,000.00 1,080,000.00
3,000.00 15,000.00 180,000.00
6,000.00 6,000.00 72,000.00
3,500.00 14,000.00 168,000.00
304,500.00 3,654,000.00

Annual Repair & maintenance cost Project Years

% of Original cost (%)
(Birr) Y1 Y2
1% 105000 105,000
4% 585600 - 585,600
4% 200000 - 200,000
1% 4530 - 4,530
- 895,130 - 895,130

& onwards

Project Years
Rate % Costof Sppart&consumables
1 2
2% 210000 - -
2% 292800 - -
- 502,800 - -
Y3
cost
43,000,000
198,000
300,000
1,500
21,001,000
325,000
64,825,500

cost
43,000,000
198,000
300,000
1,500
21,001,000

325,000

64,825,500
Project Years
Y3 Y4 to Y10
- 105,000
585,600 585,600
200,000 200,000
4,530 4,530
790,130 895,130

Project Years
3 4 to 10
210000 210000
292800 292800
502,803 502,800
 Project Years
Sr. no Description
1 2
1 Direct production Costs
1 Raw Material & Accessories Cost 43,000,000 43,000,000
2 Utilities(Elctric, Fuie and water) 503,000 503,000
3 Packing material Cost 21,825,500 21,825,500
Sub-total (1.1+1.2+1.3) 65,328,500 65,328,500

2 Indirect production Costs

2.1 Salary 3,654,000 9,144,450
2.2 Repair & Maintenance - 5,940,000
2.3 Spare Parts - -
2.4 Training Cost 799 320
Sub-total -2 3,654,799 15,084,770
Total 68,983,299 80,413,270
ect Years
3 4 5 6 7 8

43,000,000 43,000,000 43,000,000 43,000,000 43,000,000 43,000,000

503,000 503,000 503,000 503,000 503,000 503,000
21,825,500 21,825,500 21,825,500 21,825,500 21,825,500 21,825,500
65,328,500 65,328,500 65,328,500 65,328,500 65,328,500 65,328,500

9,601,673 10,081,756 10,585,844 11,115,136 11,670,893 12,254,438

5,940,000 5,940,000 5,940,000 5,940,000 5,940,000 5,940,000
904,752 904,752 904,752 904,752 904,752 904,752
320 320 320 - - -
16,446,744 16,926,828 17,430,915 17,959,888 18,515,644 19,099,189
81,775,244 82,255,328 82,759,415 83,288,388 83,844,144 84,427,689
 9 10

43,000,000 43,000,000
503,000 503,000
21,825,500 21,825,500
65,328,500 65,328,500

12,867,159 13,510,517
5,940,000 5,940,000
904,752 904,752
- -
19,711,911 20,355,269
85,040,411 85,683,769
 Description Period (mths)
Sr. No
1
1 Direct Production cost
Production Capacity 70%

Raw Material & Accessories Cost 3 10,750,000

1 Utilities(Elctric,Fule and water charges) 3 125,750
2 Packing material Cost 3 5,456,375
Sub-total - 1 16,332,125
Indirect Production Costs
1 Salary 4 1,218,000
2 Uniform & Protectives 4 375,419
3 Stationery & office supplies 4 187,710
4 Telephone, postage & internet 4 53,333
5 Audit & Legal Fee 6 3,000
6 Administration Expense 4 2,000
7 Repair & Maintenance 4 -
8 Spare Parts 4 -
Sub-total- 2 1,839,462
Total W/cap determined (1+2) 18,171,587
Total W/cap Requirement 18,171,587
Increase in W/Capital -

Sr.No Items Cost

 Y1 Y2
1 Raw materials 47,098,000.00 47,098,000.00
2 Utilities 503,000 503,000
3 Wages and Salaries 3,654,000 3,654,000
4 Spares and Maintenance 310,028 310,028
Factory costs 51,565,028.00 51,565,028.00
5 Depreciation 2,480,527 2,480,527
Total ProductionCost 54,045,555.00 54,045,555.00
 Project Years
2 3 4 5 6 7

80% 90% 100% 100% 100% 100%

10,750,000 10,750,000 10,750,000 10,750,000 10,750,000 10,750,000

125,750 125,750 125,750 125,750 125,750 125,750
5,456,375 5,456,375 5,456,375 5,456,375 5,456,375 5,456,375
16,332,125 16,332,125 16,332,125 16,332,125 16,332,125 16,332,125

1,218,000.00 1,218,000.00 1,218,000.00 1,218,000.00 1,218,000.00 1,218,000.00

375,419 375,419 375,419 375,419 375,419 375,419
187,710 187,710 187,710 187,710 187,710 187,710
53,333 53,333 53,333 53,333 53,333 53,333
3,000 3,000 3,000 3,000 3,000 3,000
2,000 2,000 2,000 2,000 2,000 2,000
895,130 895,130 895,130 895,130 895,130 895,130
- 502,803 502,803 502,803 502,803 502,803
2,734,592 3,237,395 3,237,395 3,237,395 3,237,395 3,237,395
19,066,717 19,569,520 19,569,520 19,569,520 19,569,520 19,569,520
19,066,717 19,569,520 19,569,520 19,569,520 19,569,520 19,569,520
895,130 502,803 0 0 0 0
Y3
47,098,000.00
503,000
3,654,000
310,028
51,565,028.00
2,480,527
54,045,555.00
 8 9 10

100% 100% 100%

10,750,000 10,750,000 10,750,000

125,750 125,750 125,750
5,456,375 5,456,375 5,456,375
16,332,125 16,332,125 16,332,125

1,218,000.00 1,218,000.00 1,218,000.00

375,419 375,419 375,419
187,710 187,710 187,710
53,333 53,333 53,333
3,000 3,000 3,000
2,000 2,000 2,000
895,130 895,130 895,130
502,803 502,803 502,803
3,237,395 3,237,395 3,237,395
19,569,520 19,569,520 19,569,520
19,569,520 19,569,520 19,569,520
0 0 0
 Total Investment (1000) 59,859,280
Long Term Interest Rate 11.50%
Percent Financed 70.00%
Loan Amount 41,901,496
Loan Term 10
Yars 1 2
Beginning Balance 41,901,496 39,455,404
Interest Rate 11.50% 11.50%
Interest 4,818,672 4,537,371

Annual Payment 7,264,765 7,264,765

Principal 2,446,092 2,727,393

Ending Balance 39,455,404 36,728,011

Rate ( % )
Items
Building & Construction 4% 5%
Machineries 8% 15%
Axuilary Equipment 5% 15%
Pickup 8% 15%
Office Equipment 7% 10%
Total

Year Amount of Principal Installment Interest

Outstanding due Payable at 11.5%
1 41,901,496 4,190,149.62 4,818,672.06
2 37,711,347 4,190,149.62 4,336,804.85
3 33,521,197 4,190,149.62 3,854,937.65
4 29,331,047 4,190,149.62 3,373,070.44
5 25,140,898 4,190,149.62 2,891,203.24
6 20,950,748 4,190,149.62 2,409,336.03
7 16,760,598 4,190,149.62 1,927,468.82
8 12,570,449 4,190,149.62 1,445,601.62
9 8,380,299 4,190,149.62 963,734.41
10 4,190,150 4,190,149.62 481,867.21
Total 41,901,496.18 26,502,696.33
 3 4 5 6 7
36,728,011 33,686,967 30,296,204 26,515,503 22,300,021
11.50% 11.50% 11.50% 11.50% 11.50%
4,223,721 3,874,001 3,484,063 3,049,283 2,564,502

7,264,765 7,264,765 7,264,765 7,264,765 7,264,765

3,041,043 3,390,763 3,780,701 4,215,482 4,700,262

33,686,967 30,296,204 26,515,503 22,300,021 17,599,759

0 y1 y2 y3 y4

10,500,000 420,000 420,000 420,000 420,000

14,640,000 1,171,200 1,171,200 1,171,200 1,171,200
2,790,000 139,500 139,500 139,500 139,500
5,000,000 400,000 400,000 400,000 400,000
453,000 31,710 31,710 31,710 31,710
2,162,410 2,162,410 2,162,410 2,162,410

Total
Amount
9,008,821.68
8,526,954.47
8,045,087.27
7,563,220.06
7,081,352.85
6,599,485.65
6,117,618.44
5,635,751.24
5,153,884.03
4,672,016.82
68,404,192.52
 8 9 10
17,599,759 12,358,967 6,515,484
11.50% 11.50% 11.50%
2,023,972 1,421,281 749,281

7,264,765 7,264,765 7,264,765

5,240,792 5,843,483 6,515,484

12,358,967 6,515,484 -

y5 y6 y7 y8 y9 y10

420,000 420,000 420,000 420,000 420,000 420,000

1,171,200 1,171,200 1,171,200 1,171,200 1,171,200 1,171,200
139,500 139,500 139,500 139,500 139,500 139,500
400,000 400,000 400,000 400,000 400,000 400,000
31,710 31,710 31,710 31,710 31,710 31,710
2,162,410 2,162,410 2,162,410 2,162,410 2,162,410 2,162,410
Description Year1 Year2 Year4
Gross Sales Revenue 217,358,433 289,811,244 473,240,962 473,240,962
Costs of goods sold
Direct Costs 65,328,500 65,328,500 65,328,500 65,328,500
Transportation of Raw Material 86,083 86,943 87,813 88,691
Total cost of Good sold 65,414,583 65,415,443 65,416,313 65,417,191
Gross Profit 151,943,850 224,395,801 407,824,649 407,823,771
Operating Expenses
Direct Costs 16,332,125 16,332,125 16,332,125 16,332,125
Salary & Wages 3,654,000 3,836,700 4,028,535 4,229,962
Trave land Perdiem 182,700 191,835 201,427 211,498
Insurance 232,521 244,147 256,354 269,172
Repair and Maintenance 310,028 325,529 341,806 358,896
Electricity Power 360,000 363,600 367,236 370,908
Water 143,000 145,860 148,777 151,753
Supplies 100,000 105,000 110,250 115,763
Misc.Expense 750,000 765,000 780,300 795,906
Promotional Expense 784,667 784,667 784,667 784,667
Depreciation & Amortization 2,162,410 2,162,410 2,162,410 2,162,410
Total Operating Cost 25,011,451 25,256,873 25,513,887 25,783,060

Profit Before Interest 40,403,132 40,158,570 39,902,426 39,634,131

Interest Payment -4,818,672 -4,537,371 -4,223,721 -3,874,001
Net Profit before tax 35,584,460 35,621,199 35,678,705 35,760,130
Profit tax 10,675,338 10,686,360 10,703,611 10,728,039

Net Profit after tax 24,909,122 24,934,839 24,975,093 25,032,091

3.32278252083332
Year5 Year6 Year7 Year8 Year9 Year10
473,240,962 473,240,962 473,240,962 473,240,962 473,240,962 473,240,962

65,328,500 65,328,500 65,328,500 65,328,500 65,328,500 65,328,500

88,691 88,691 88,691 88,691 88,691 88,691
65,417,191 65,417,191 65,417,191 65,417,191 65,417,191 65,417,191
407,823,771 407,823,771 407,823,771 407,823,771 407,823,771 407,823,771

16,332,125 16,332,125 16,332,125 16,332,125 16,332,125 16,332,125

4,441,460 4,663,533 4,896,709 5,141,545 5,398,622 5,668,553
222,073 233,177 244,835 257,077 269,931 283,428
282,631 296,762 311,600 327,180 343,539 360,716
376,841 395,683 415,467 436,240 458,052 480,955
374,617 378,364 382,147 385,969 389,828 393,727
154,788 157,884 161,041 164,262 167,547 170,898
121,551 127,628 134,010 140,710 147,746 155,133
811,824 828,061 844,622 861,514 878,745 896,319
784,667 784,667 784,667 784,667 784,667 784,667
2,162,410 2,162,410 2,162,410 2,162,410 2,162,410 2,162,410
26,064,987 26,360,294 26,669,633 26,993,699 27,333,212 27,688,931

39,352,204 39,056,897 38,747,558 38,423,492 38,083,979 37,728,260

-3,484,063 -3,049,283 -2,564,502 -2,023,972 -1,421,281 -749,281
35,868,141 36,007,614 36,183,056 36,399,520 36,662,698 36,978,979
10,760,442 10,802,284 10,854,917 10,919,856 10,998,809 11,093,694 108,223,350

25,107,698 25,205,330 25,328,139 25,479,664 25,663,888 25,885,286 252,521,150

Description Year1 Year2 Year3 Year4
1.Inflows
Own Fund 17,957,784
Bank Loan 41,901,496
Net Profit 24,909,122 24,934,839 24,975,093 25,032,091
Depreciation & Amortization 2,162,410 2,162,410 2,162,410 2,162,410
Total Inflows 86,930,812 27,097,249 27,137,503 27,194,501
2. Out flows
Fixed Assets
Increase in Working Capital - -2,716 2,888 126,301
Pri. Repayment 7,264,765 7,264,765 7,264,765 7,264,765
Owners withdrawal 15,816,031 15,917,512 16,016,963 16,073,149
Total out flows 23,080,796 23,182,277 23,281,728 23,337,914

Net Cash flows 63,850,017 3,914,972 3,855,776 3,856,587

Cumulative Cash Flows 63,850,017 67,764,989 71,620,765 75,477,352
Retained earning 64,488,517 68,442,639 72,336,973 76,232,126
Cumulative retained earning 64,488,517 132,931,156 205,268,129 281,500,254
Year5 Year6 Year7 Year8 Year9 Year10

25,107,698 25,205,330 25,328,139 25,479,664 25,663,888 25,885,286

2,162,410 2,162,410 2,162,410 2,162,410 2,162,410 2,162,410
27,270,108 27,367,740 27,490,549 27,642,074 27,826,298 28,047,696

132,326 138,803 145,601 152,737 160,226 168,087

7,264,765 7,264,765 7,264,765 7,264,765 7,264,765 7,264,765
16,127,256 16,137,021 16,186,331 16,233,064 16,277,093 16,318,287
23,392,021 23,401,786 23,451,096 23,497,829 23,541,858 23,583,052

3,878,088 3,965,954 4,039,453 4,144,245 4,284,441 4,464,644

79,355,440 83,321,395 87,360,848 91,505,093 95,789,534 100,254,178
80,148,995 84,154,609 88,234,456 92,420,144 96,747,429 101,256,720
361,649,249 445,803,858 534,038,314 626,458,458 723,205,888 824,462,608
Description Year1 Year2 Year3
Assets:
Cummulative Cash 63,850,017 67,764,989 71,620,765
working capital 25,011,451 29667695 29670583
Total Current Assets 76631990 76631990 76631990
Fixed Assets
Building & Construction 10,080,000.00 10,080,000.00 10,080,000.00
Bamboo Processing Machine 13,468,800.00 13,468,800.00 13,468,800.00
Axulary Cost 2,650,500.00 2,650,500.00 2,650,500.00
Vehicles 4,600,000.00 4,600,000.00 4,600,000.00
OfficeEquipment 421,290.00 421,290.00 421,290.00
Total Fixed Assets 31,220,590.00 31,220,590.00 31,220,590.00
Total Assets 107,852,580 107,852,580 107,852,580
Liablity & Capital
Liability: Bank Loan 41,901,496 39,455,404 36,728,011
capital:
Cumulative retained earning 64,488,517 132,931,156 205,268,129

Owners Contribution 17,957,784.08 17,957,784.08 17,957,784.08

Total Liability & Capital 124,347,797 190,344,344 259,953,923
Year4 Year5 Year6 Year7 Year8 Year9

75,477,352 79,355,440 83,321,395 87,360,848 91,505,093 95,789,534

29796885 29929211 30068014 30213615 30366352 30526578
76631990 76631990 76631990 76631990 76631990 76631990

10,080,000.00 10,080,000.00 10,080,000.00 10,080,000.00 10,080,000.00 10,080,000.00

13,468,800.00 13,468,800.00 13,468,800.00 13,468,800.00 13,468,800.00 13,468,800.00
2,650,500.00 2,650,500.00 2,650,500.00 2,650,500.00 2,650,500.00 2,650,500.00
4,600,000.00 4,600,000.00 4,600,000.00 4,600,000.00 4,600,000.00 4,600,000.00
421,290.00 421,290.00 421,290.00 421,290.00 421,290.00 421,290.00
31,220,590.00 31,220,590.00 31,220,590.00 31,220,590.00 31,220,590.00 31,220,590.00
107,852,580 107,852,580 107,852,580 107,852,580 107,852,580 107,852,580

33,686,967 30,296,204 26,515,503 22,300,021 17,599,759 12,358,967

281,500,254 361,649,249 445,803,858 534,038,314 626,458,458 723,205,888

17,957,784.08 17,957,784.08 17,957,784.08 17,957,784.08 17,957,784.08 17,957,784.08

333,145,006 409,903,237 490,277,145 574,296,120 662,016,002 753,522,639
Year10

100,254,178
30694665
76631990

10,080,000.00
13,468,800.00
2,650,500.00
4,600,000.00
421,290.00
31,220,590.00
107,852,580

6,515,484

824,462,608

17,957,784.08
848,935,876
 Computation of Finan

Benefits

Project W/Cap Fixed asset

Gross Revenue Total Benefits
Years Recovery recovery

1 2 3 4=1+2+3
0 0 0 0 0
1 217,358,433 0 0 217,358,433
2 289,811,244 0 0 289,811,244
3 473,240,962 0 0 473,240,962
4 473,240,962 0 0 473,240,962
5 473,240,962 0 0 473,240,962
6 473,240,962 0 0 473,240,962
7 473,240,962 0 0 473,240,962
8 473,240,962 0 0 473,240,962
9 473,240,962 0 0 473,240,962
10 473,240,962 27,688,931 2,162,410 503,092,303

FIRR Before Tax = 303%

FIRR After Tax = 288%

NPV beforeTax (Birr) 2,062,276,536

NPV after Tax (Birr) 1,997,006,891
Computation of Financial Internal rate of Return ( FIRR )

Costs

Initial Investment Replacement Operat/Prodn Income tax 30% of PBT

Total costs
Cost Cost costs

5 6 7 8 = 5+6+7 9
59,859,280 0 0 59,859,280 0
0 0 65,414,583 65,414,583 10,675,338
0 0 65,415,443 65,415,443 10,686,360
0 0 65,416,313 65,416,313 10,703,611
0 0 65,417,191 65,417,191 10728039
0 0 65,417,191 65,417,191 10760442
0 0 65,417,191 65,417,191 10802284
0 0 65,417,191 65,417,191 10854917
0 0 65,417,191 65,417,191 10919856
0 0 65,417,191 65,417,191 10998809
0 0 65,417,191 65,417,191 11093694
Net Benefit
Net Benefit After Tax
Before Tax

10 = 4-8 11= 4-8-9

-59,859,280 -59,859,280
151,943,850 141,268,512
224,395,801 213,709,441
407,824,649 397,121,038
407,823,771 397,095,732
407,823,771 397,063,329
407,823,771 397,021,487
407,823,771 396,968,855
407,823,771 396,903,915
407,823,771 396,824,962
437,675,112 426,581,418
303% 288%
1. Bamboo Mat Manufacturing Process: Machines required for mat manufacturing line
Raw Material (Bamboo) S.N.
Polling 1
Grinding 2
Polishing 3
Drying 4
Knot Removing 5
Splitting 6
Cutting to Sizes 7
Weaving 8
Pressing 9
Mat pasting 10
Spraying 11
Scission 12
Fringe Sewing 13
Packing

2. Bamboo Floor Manufacturing Process: Machines required for bamboo flooring manufacturi
Raw Material (Bamboo) S.N.
Cutting to sizes 1
Splitting 2
Knot Removing 3
Drying 4
Molding 5
Glue Coating 6
Cutting-Off 7
Glue Coating 8
Board Joining 9
Cold Pressing 10
Four side Molding 11
Double end sawing & molding 12
Belt sanding 13
Coating 14
UV Curing 15
Lacquering
Packing

3. Bamboo Incense Manufacturing Process:

Machines require for incense sticks manufacturing li
Raw Material (Bamboo) S.N.
Cutting to sizes 1
Splitting 2
Knot Removing 3
Polling 4
Drying 5
Incense Stick Sizing 6
Glue Coating 7
Polishing 8
Grinding
Packing
Machines required for mat manufacturing line
Machine Quantity Unit Price(BSub total (Br)
Bamboo Sawing Machines 8 38391 307128
Bamboo splitting Machine 9 65512 589608
Knob splitting Machine 1 45000 45000
Polling Machines 1 45000 45000
Polishing Machine 1 67500 67500
Drying Machine 1 72600 72600
Auto High Speed Cutter Grinder 2 66500 133000
Weaving Machine 7 112000 784000 yck
gD
n
terilP
M
R
)w
o
b
am
(B
Pressing Table 2 147250 294500
Bamboo Pasting Machine 1 71000 71000
Auto Sprayer 1 80000 80000
Scission Machine 8 39000 312000
Sewing Fringe 2 51400 102800
Total Cost 2904136

Machines required for bamboo flooring manufacturing line

Machine Quantity Unit Price (Sub total (Birr)
Bamboo Sawing Table 10 38391 383910
Bamboo Splitting Machine 12 65512 786144
Knob Splitting Machine 1 45000 45000
Drying Machine 1 72600 72600
Open side Auto four sides molder 2 62750 125500
Automatic Cut-off Saw 4 39000 156000
Roll Coater Glue Spreader 2 59420 118840
High Frequency Board Joining Mach 2 133000 266000
Hydraulic Cold Press 3 147200 441600
Four Side Molder 2 92900 185800
Auto Six Spindle Double End Miter 2 80000 160000
Light Duty Series Wide Belt Sander 3 88350 265050
Reversible Roller Coater 3 76700 230100
UV Curing Machine 3 65600 196800
Lacquered Pan and Wide Belt Sande 4 88350 353400
Total Cost 3786744

Machines require for incense sticks manufacturing line

Machine Quantity Unit Price(BSub total
Bamboo Sawing Table 5 38391 191955
Bamboo Splitting Machine 6 65512 393072
Knob Splitting Machine 1 45000 45000
Polling Table 1 45000 45000
Drying Machine 1 72600 72600
Incense Stick Sizing Machine 2 142000 284000
Polishing Machine 1 67500 67500
Auto High Speed Cutter Grinder 2 66500 133000
Total Cost 1232127