AL HASEELA NEWS LETTER PROJECT REPORT

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Projected Cash Flow Statement PDF created with pdfFactory Pro trial version www.. 4.. 7.. 2.. 3. 6.......3 SWOT Analysis………………………………………………………..4 Cost of Project………………………………………………………….com ..5 Sources of Finance………………………………………………………..6 1.TABLE OF CONTENTS 1..pdffactory.5 Appendix ……………………………………………………….. Projected Profitability Statement 3..2 The Background……………………………………………………….... The Project………………………………………………………………..2 Promoters & Management………………………………………………....2 The Project Objective…………………………………………………...... 8. Projected Balance Sheet for 2..2 The Market & Competitors……………………………………………... 9.. 5....

The Project The purpose of this document is to identify the financial viability in establishing a printing press in the Kingdom of Bahrain. PDF created with pdfFactory Pro trial version www. the project will target to be a leading player in the line of printing and publishing business in the island. His rich experience in this line of business made him realise that there is tremendous potential for establishing a printing business in the kingdom. Market the product of this press in the island effectively and efficiently. in the initial stage of operation the project will concentrate mainly on printing works including printing to meet the requirements of offices like letterhead printing. It was established in the year 2004. In the medium run the project will target the printing and publishing of books and other periodicals and may respond to tenders and other government printing job outsourcings depending upon the effective unutilised capacity.L. It is engaged in printing of free classifieds magazines. 4.com . 3. Promoters & Management The promoter Dhafer Al Zayani is presently working as Managing Director in Al Haseela magazine . Prior to joining the insurance company he was worked with Al Fardan Printing Press for 2 years. 2. In the long run. The promoter presently owns Al Haseela News Letter W. Due to the increased competition in free classified magazines the management is planning to diversify the business and start a printing press. Dhafer Al Zayani is a man of proven track record and has been in the field of printing and related business for a considerably long time.L. at that time. Diversify the present operations in the printing related field. envelopes and other similar office stationeries. Dahfer Al Zayani has rich experience in printing industry as his parner had printing press in Qatar.1. Making value additions to the present operations and thus to serve the present customer base effectively. The Background The promoter Mr. if any. Be a leading player in this line of business in the long run. brochure printing. The Project Objective The key objectives of the project are as follow:• • • • • Establish an printing press in the Kingdom of Bahrain. To start with. Kingdom of Bahrain since past the year 2004. It is in this context that the present project is envisaged.pdffactory.

the orders procured by Pearl Island can be executed internally without outsourcing it to others. Apart from this. The business. Apart from the leading players mentioned above. as mentioned earlier has been in the printing and office supplies related business for a considerably long time. PDF created with pdfFactory Pro trial version www. and since it does not have printing press.pdffactory. there are other competitors who are also well established in this field are (a) (b) (c) (d) (e) Salman Printers National Printing House Al Manar Printing Najah Printing Al Hashimi Printing The third segment comprises of concerns low level players. If such a printing press is established. It is in this context. by using effective marketing tactics and utilising the present contacts in the market. Hence the concern is forced to share their margin with other printing press. The promoter. Weakness: The printing industry in the kingdom is already dominated by well established players with considerable capital outlay and infrastructure and making inroads into such market will be difficult and make take time to get established.5. 6. presently procures orders for advertisement in print media.com . The Competitors The printing industry in Bahrain is mainly dominated by leading players like (1) Oriental Press (2) Union Press (3) Arabian Printing Press These concerns dominate the printing industry in the kingdom and accounts for around 60% of the market share. outsource such orders to other printing presses and thereby executes such orders. Pearl Island. The present marketing network can be utilised efficiently to procure more orders. orders can be procured and executed and thereby the resources can be utilised in an effective and efficient manner to reap profits. engaged in the business of advertisement and public relations. the promoter envisaged the idea of establishing an offset printing press. The Market & Competitors The Market The market of printing industry in the island is already dominated by well established players with good infrastructure and sound financial backing. SWOT ANALYSIS Strength: The promoter has rich experience in printing and office supplies related business and thereby have wide contacts in the market.

in the island is seen to be growing at a fast pace over the past decade. 7.000 1. This opportunity can be utilized to get established in the market. the orders procured by Pearl Island can be executed internally without outsourcing it to others. COST OF PROJECT The project will be located on rented premises and the estimated cost of the project is as follows: Vehicles (2 Nos) Machinery Furniture & Fixtures Preliminary & Pre Incorporation Computers & Office Equipments Working Capital Amount (B. Apart from this.500 250.000 PDF created with pdfFactory Pro trial version www.000 8.000 250. Moreover.500 200. SOURCES OF FINANCE Partners 250.500 1. Many of the European countries are outsourcing their printing jobs to GCC countries considering the quality of printing and cost effectiveness. by using effective marketing tactics and utilising the present contacts in the market.pdffactory. with the investor friendly atmosphere provided by the government of Bahrain. Since this is a labour intensive industry and labour is cheap in this region as compared to European countries more printing jobs are likely to flow into this region over the coming years. Threats: With the advancement in technology new cost effective printing techniques may replace the existing ones and in such case the technology of offset printing proposed to be used by the project may become obsolete. more investors are likely to step in the years to come and consequently a boom is expected in the printing industry too.) 5.000 3.500 38.D. This is expected to fuel the growth of the industry in this region. orders can be procured and executed and thereby the resources can be utilised in an effective and efficient manner to reap profits. If a printing press is established.com .Opportunity: The printing industry.

806 (398.433) 208.500) (3.282 1.076) YEAR .600) (3.112) YEAR .200 241.824) (3.891 237.457 193.969) (2.800 220.189) (1.975 (15.800) (1.567 172.075 1.800 171.600) (3.500) (18.412) (3.500) (19.635) (1.297 268.762 299.931 (18.384 1.533) - 315.800 1.098) (967) (651) (337) (51) - Net Profit / (loss) for the year 118.600) (4.600) (3.284) YEAR .000 Total Income 169.923) YEAR .600 (329.640 242.800) (3.VI 803.845) (2.III 603.000) (1.V 730.700) (19.985) (3.II 548.500) (3.700 321.433) (1.pdffactory.837) (2.082 355.767) (1.178) (1.600) (4.200) YEAR .500) (2.595) (2.800 353.533) - Profit / (loss) before Interest 121.359 192.000 219.376) (2.813 299.884 267.IV 663.205 (481.526 (530.396) (1.960 268.553 (15.500) (1.433) 231.542 238.000) (20.890 (15.460 (362.440 1.115) Gross Profit Other Income 168.522 1.900) (2.410 2.410 Indirect Expenses Staff & Staff Related Communication Expenses Rent Vehicle Running Expenses Other Selling & Distribution Expenses Rates & Insurance Miscellaneous Expenses Profit / (loss) before Depreciation & Interest Depreciation Preliminary Expenses Written Off (18.500 265.780) (1.000) (1.122 293.890) (3.160) YEAR .200) 138.000 (15.600) (4.900) (1.600 292.845) (2.VII 883.187 (438.314 PDF created with pdfFactory Pro trial version www.000) (18.775 323.980) (1.848 (16.500) (2.200) (18.633) 285.com .433) 256.084) (3.500) (2.APPENDIX 1 AL HASEELA PROJECTED INCOME STATEMENT FOR SEVEN YEARS (Expresed in Bahrain Dinars) PARTICULARS Sales Direct Expenses YEAR .I 422.152 215.188) (3.899) (1.346 (16.600) (4.600) (1.314 Interest on Loans (2.000 (253.000) 187.119 216.500) (2.167) (2.297) (3.

845) (1.658) (905) 4.VII PDF created with pdfFactory Pro trial version www.762 16.633 268.563) (6.421.520 (5.650 120.495 182.251) (4.000) (211.095) 5.260 201.760) (12.868) (1.136 Year .760) 178.281 591.979 254.281 234.000 (2.215 1.260 165.350 (4.354 171.000 20.500) (4.223) (996) 4.152 15.000) (16.com .476 282.250) 77.251) (16.500) (4.VI Year .500) (4.020 165.383 282.500) Financing Activities Capital Introduction Term loan Payment of term loan 60.383 825.750 Cash/ Cash Equivalents At the beginning of the year Net Increase/ (Decrease) during the year At the end of the year (12.215 313.000 (39.433 215.108.235 366.136 1.143) (823) 4.760) (12.800 15.III Year .433 192.960 18.533 (6.115 205.500) (4.433 1.990 Investing Activities Acquisition of Fixed Assets Preliminary / Startup Expenses (210.000) (11.433 237.500) (1.II Year .495 366.500) (4.024 313.359 15.205) 6.831 299.531) (1.786 591.500) (4.735 (5.330) 31.286 (6.V Year .899) 9.IV Year .APPENDIX 2 AL HASEELA PROJECTED CASH FLOW STATEMENT FOR SEVEN YEARS (Expressed in Bahrain Dinars) Year .525 229.495 224.pdffactory.533 (7.891 15.314 16.831 1.108.103 825.I Operating Activities Net Profit / (loss) after Depreciation Add: Depreciation Add: Preliminary Expenses written off (Increase)/ Decrease in Receivables / WIP (Increase)/ Decrease in Inventories (Decrease) / Increase in Creditors/ Payables 118.

133 Total Assets 228.264.000 1.067 Current Assets Inventories Receivables / Work in Progress Cash & Cash Equivalents 6.953 68.250 13.158 350.202 758.195.260 224.924 60.pdffactory.495 432.321 9.791 1.III Year .000 290.645 404.164 66.501 179.500 45.108.145 4.760 596.133 129.383 904.311 542.000 482.162 60.200 148.574 366.455 825.200 8.431 165.251 54.311 60.764 54.202 60.630.133 195.163 13.924 1.238 1.232 591.253 82.926 60.VI Year .238 54.121 596.325.000 936.000 118.V Year .281 663.com .553 9.000 1.I ASSETS Non Current Assets Tangible Fixed Assets Priliminary Expenses 195.067 179.240 1.421.200 148.VII EQUITY & LAIBILITIES Capital & Reserves Proptietor Capital Account Retained Earnings 60.330 39.563 1.264 1.957 62.600 113.760) 33.048 75.150 Total of Equity & Liabilities 228.067 Year .325.158 60.633 164.260 4.831 1.764 1.920 404.925 12.215 1.600 129.300 1.250 Current Liabilities Trade Creditors & Other Payables Current Portion of Term Loans 31.162 996.052 56.630.767 146.250 60.APPENDIX 3 AL HASEELA PROJECTED BALANCE SHEET FOR SEVEN YEARS (Expressed in Bahrain Dinars) Year .750 8.434 1.563 (12.750 4.800 Non Current Liabilities Non Current Portion of Term Loans 13.II Year .250 4.553 45.000 698.517.229 51.785 4.767 146.350 1.504.650 4.502 8.321 49.264 66.500 36.067 113.204.237 10.238 PDF created with pdfFactory Pro trial version www.050.470 812.564.200 41.050.IV Year .800 178.240 60.036 812.633 164.500 49.