Excel for Financial Statement

7/25/2019 Excel for Financial Statement

1/31

Cost of Project and Means of Finance

(Rs. In million

Land and site development 50

Building 200

Plant and machinery 150

Miscellaneous fxed assets 10

Preliminary expenses 10

50

Contingency margin 20

Woring capital margin 5!"5

TOTAL !"#.$#

(Rs. In million

#hare capital $50

%erm loans $5!"5

0

!"#.$#

1&

0!5

2

12'

Mont%s

1!5

Pre(operative expenses) including interest duringconstruction*

T%e &ro&osed means of'nance

#tate government+s specialincentive loan ) ,epaya-le in &instalments a.ter 12 years*

/o!o. eual term loaninstalments

Period o. each instalment inyears

irst instalment .alling due atthe end o. operating year

nterest rate on the outsandingterm loan amount

Crrent asset)lia*ilit+re,irements

,a3 materials)includingconsuma-les*


2/31

#toc(in( process 0!04

inished goods 0!5

Boo de-t 1!0

%rade credit 0!5

10

pplica-le income tax rate 40'

0'

E-%i*it A./ 0 Interest o

1ear

1 $5!"5 $5!"5

2 $5!"5 $5!"5

4 $2!6"$475 $0!11"75

$ 47!254125 4$!4"75

5 41!521"75 2"!&5&25

& 25!760&25 22!6257 20!056475 17!16475

" 1$!42"125 11!$&25

6 "!56&"75 5!74125

10 2!"&5&25 0

1ear / 2

nstalled capacity)%P* 5000 5000

Production)%P* 4500 $000

Capacity utilisation 70' "0'

#ales realisation),s!million* 170&2!50 16500!00

E-%i*it A.2 0 3or4in5 Ca&ital Re,irem

/o! o. eual annual instalmentsin 3hich preliminary expenses3ill -e 3ritten o8

9eduction allo3ed on :ross totalincome

Loan o)s at t%e*e5innin5

Loan o)s att%e end of t%e'rst %alf +ear

Norms in


3/31

Item /

0!5 0!01

#oc(in(process 0!04 1!&&

inished goods 0!04 1!&&

Boo de-ts 1 0!00%otal current assets 4!44

0 0!00

0!5 0!01

Ban fnance .or 3oring capital 0 4!4$

6e&reciation sc%edle f

1ear / 2

Building 24!$15 21!074

2"!06" 24!""4

%otal 51!512 $$!65&

E-%i*it A

1ear / 2

! #ales realisation 170&2!50 16500!00

B!Cost o. production

,a3 materials &&!5$ 7&!05

Po3er 0!00 0!00

Wages and salaries 75&!00 "41!&0

actory overheads 0!50 0!54

%ransportation 150!00 1&0!00

dvertisement ;xpeses 1&"!00 151!20

dministration expenses 1!00 1!10

#elling expenses 170&!25 1650!00

9! :ross proft -e.ore interest 1$542!21 1&&$0!72

mont%s

,a3 materials)includingconsuma-les*

Less< Margin .or 3oring capital.rom long(term sources)25' o.total current assets*Less< %rade credit .or ra3materials and consuma-lestores

Plant = machinery = misc! fxedassets

expenses


4/31

;! %otal fnancial expenses

nterest on term loans 5!50 5!50

nerest on -an -orro3ing 0!$4 0!$6

!9epreciation 21!72 21!72

:! >perating proft 1$50$!55 1&&14!00

1!00 1!00

! Proft?Loss -e.ore tax 1$504!55 1&&12!00

@! Provision .or tax $4$2!14 $67&!&4

A! Proft a.ter tax 101&1!$2 11&45!47

L! Less< 9ividend $0&$!5&625"667& $&5$!1$656$"$

M! ,etained proft &06&!"5 &6"1!22

/! dd< 9epreciation 21!72 21!72

Preliminary expenses 3ritten o8 1 1

>! /et cash accruals &116!57 7004!6$

1ear / 2

Proft?loss -e.ore tax 1$504!55 1&&12!00

21!72 21!72

1$525!27 1&&44!72

51!51 $$!6&

1$$74!7& 1&5""!77

:ross total income 1$$74!7& 1&5""!77

%otal income 1$$74!7& 1&5""!77

ncome tax 40' $4$2!14 $67&!&4

E-%i*it A.9 0 Proje

1ear /

#ources o. unds

#hare issue $50

2!10

9epreciation 21!72

! Preliminary expenses 3ritteno8

dd< depreciation .or companyla3 purposes

Less< depreciation .or taxpurposes

Less< una-sor-ed depreciationo. earlier years

Less deduction u?s "0 at 40'.rom gross total income .or 10years

Constrction&eriod

Proft -e.ore taxation 3ithinterest added -ac


5/31

Preliminary expenses 3ritten o8 1

$5!"5

4!4$

0

%otal ) * $65!"5 2"!1&

9isposition o. unds

$"0!00

ncrease in 3oring capital 4!44

Preliminary expenses 10!00

nterest on term loans 5!50

0!$4

%axation $4$2!14

9ividend $0&$!57

%otal )B* $60!00 "$15!6&

5!"5

/et surplus?defcit)(B* 5!"5 )"4"7!"0*

5!"5 )"4"1!65*

E-%i*it A.$ 0

/

Lia*ilities

#hare capital $50 $50

,eserves and surplus 0!00

#ecured loans%erm loans $5!"5 $5!"5

Woring capital advance 4!4$

Dnsecured loans

#tate :ovt! loan 0 0

Current lia-ilities = Provisions

%rade credit 0!01

ncrease in secured medium andlong( term -orro3ings

ncrease in -an -orro3ings .or3oring capital

ncrease in the #tate :ovt+s#pecial ncentive Loan

Capital expenditure .or theproEect

9ecrease in secured medium =long term -orro3ings

nterest on -an -orro3ings .or3oring capital

>pening -alance o. cash in handand at -an

Closing -alance o. cash in hand

and at -an

At t%e end oft%e constrction

&eriod


6/31

%otal $65!"5 0!00

Assets

ixed assets

:ross -loc $"0!00 $"0!00

Less< ccumulated depreciation 21!72

/et fxed assets $"0!00 $5"!2"

nvestments

,a3 materials 0!01

#toc(in(process 1!&&

inished goods 1!&&

Boo de-ts 0!00

Cash = -an -alances 5!"5 ("4"1!65

Misc! expenditure = losses

Preliminary expenses 10!00 6!00%otal $65!"5 (7611!44

Current assetsF loans andadvances


7/31

FINANCIAL PROJECTIONS

:asic Assm&tions

nstalled capacity in gs 5000

1ear

1 70'

2 "0'

4 60'

on3ards

price $"75

ra3 material cost 4600 ra3 material

3orer

processing( ot

1 75&!0 fnish ru--er

2 10!0 total cost

4 12!0 price

5' gain(loss

1 0!5

&'

1!0

10'

14'

6e&reciation rates for

Ca&acit+tilisation

3a5es ; salaries drin5o&eratin5 +ear

(Rs. Inmillion

ncrement per year .rom $thyear

Factor+ o8er%eade-&enses in +ear

(Rs. Inmillion

ncrement per year .rom 2ndyear

dministrative expenses peryear in ,s!million

#elling expenses per year in,s!as a percentage o. sales

nterest rate on 3oringfnance

Com&an+la7&r&oses ! #

5000 5000 5000 5000

$500 $500 $500 $500

60' 60' 60' 60'

21647!50 21647!50 21647!50 2164750!00

E-%i*it A.>0

nts (Rs.in million

1ears

Planned to -e paid .rom theyear

,ate o. dividend planned .orthe second year

ncrease proposedtherea.ter once in years

Loan o)s at t%e end oft%e second %alf +ear

Interest fort%e 'rst%alf +ear

Interestfor t%esecond%alf +ear

Totalinterest fort%e termloan

Assete-&enses


9/31

2 > Land

0!01 45!&5 Building

1!60 GHLD;I

1!60 2!1$

0!00 0!004!"1 GHLD;I 6

0!00 0!00 Building

0!01 45!&5

4!"0 GHLD;I

r income ta- &r&oses ( 3ritten do7n 8ale met%od

> ! #

1"!6&& 17!0&6 15!4&2 14!"2&

20!400 s 1$!&&7 12!$&7

46!2&& 17!0&6 40!026 2&!264

.# Pro'ta*ilit+ Estimates (Estimates of 3or4in5 Reslts

> ! #

21647!50 21647!50 21647!50 2164750!00

"5!5& "5!5& "5!5& "555!&4

0!00 0!00 0!00 0!00

61$!7& 100&!2$ 110&!"& 14!"6

0!5& 0!&0 0!&4 0!&7

170!00 1"0!00 160!00

14&!0" 122!$7 110!22

1!21 1!44 1!$& 1!$&

2164!75 2164!75 2164!75 216475!00

1"7$1!&& 1"&50!04 1"5$6!2$ 16&5"04!45

Plant =machinery

Misc!fxedassets

Plant =machinery

Misc!fxedassets

nnualdepreciation


10/31

$!66 $!40 4!&1 2!62

GHLD;I GHLD;I GHLD;I GHLD;I

21!72 21!72 21!72 21!72


1!00 1!00 1!00 1!00




$&5$!1$656$"$$& &4 &4 72


21!72 21!72 21!72 21!72

1 1 1 1


E-%i*it A. 0 Ta- Calclation ( Rs. In million

> ! #


21!72 21!72 21!72 21!72


46!27 17!07 40!04 2&!26





ted Cas% Flo7 Statements

2 > ! #

1&&1"!00 GHLD;I GHLD;I GHLD;I

21!72 21!72 21!72 21!72


11/31

1 1 1 1

0!$& GHLD;I

1&&$1!1" GHLD;I GHLD;I GHLD;I

0!$" GHLD;I

2!"7 5!74 5!74 5!74

5!50 $!66 $!40 4!&1

0!$6 GHLD;I GHLD;I GHLD;I

$67&!&4 GHLD;I GHLD;I GHLD;I

$&5$!15 $&5$!15 &4!00 &4!00

6&$0!12 GHLD;I GHLD;I GHLD;I

)"4"1!65* )14"0!"6* GHLD;I GHLD;I

7001!0& GHLD;I GHLD;I GHLD;I

)14"0!"6* GHLD;I GHLD;I GHLD;I

rojected :alance S%eets

1ears

2 > ! #

$50 $50 $50 $50

0!70 GHLD;I GHLD;I GHLD;I

$2!6" 47!25 41!52 25!76

4!"0 GHLD;I GHLD;I GHLD;I

0 0 0 0

0!01 45!&5 45!&5 45!&5


12/31

$67!$6 GHLD;I GHLD;I GHLD;I

$"0!00 $"0!00 $"0!00 $"0!00

$4!$$ &5!1& "&!"" 10"!&0

$4&!5& $1$!"$ 464!12 471!$0

0!01 45!&5 45!&5 45!&5

1!60 GHLD;I GHLD;I GHLD;I

1!60 2!1$ 2!1$ 2!1$

0!00 0!00 0!00 0!00

(14"0!"6 GHLD;I GHLD;I GHLD;I

"!00 7!00 &!00 5!00(642!51 GHLD;I GHLD;I GHLD;I


13/31

2000

500

$00

1000

4600

$"75

675


14/31

9 $ " /?

5000 5000 5000 5000

$500 $500 $500 $500

60' 60' 60' 60'

2164750!00 2164750!00 2164750!00 2164750!00

6e&reciation Sc%edles (Rs.in million

Asset 8alation for de&reciation &r&oses

:asic cost Total

&reo&erati8ecost

contin5enc+mar5in


15/31

50 &!10 2!$$ 5"!5$

200 2$!46 6!7& 24$!15

150 1"!26 7!42 175!&1

10 1!22 0!$6 11!71

&reciation sc%edle for Com&an+ La7 &r&oses

4!4$' 7!"2 (Rs.in millions

7!$2' 14!04

7!$2' 0!"7

21!72

(Rs.in millions

9 $ " /?

12!$$4 11!166 10!076 6!071

10!567 6!007 7!&5& &!50"

24!0$0 20!207 17!74& 15!576

( Rs. In millions

9 $ " /?

2164750!00 2164750!00 2164750!00 2164750!00

"555!&4 "555&25000!00 "555&25000!00 GGG

0!00 0!00 0!00 0!00

1$!56 15!42 1&!0" 1&!"6

0!71 0!75 0!"0 0!"$

1!$& 1!$& 1!$& 1!$&

216475!00 216475!00 216475!00 216475!00

16&5"02!&2 ("554&50&$2!54 ("554&50&$4!4$ GGG


16/31

2!2$ 1!55 0!"& 0!17


21!72 21!72 21!72 21!72


1!00 1!00 1!00 1!00




72 "1 "1 60


21!72 21!72 21!72 21!72

1 1 1 1


9 $ " /?


21!72 21!72 21!72 21!72


24!0$ 20!21 17!7$ 15!5"





( Rs. In million

9 $ " /?

GHLD;I GHLD;I GHLD;I GHLD;I GGG

21!72 21!72 21!72 21!72 21!72


17/31

1 1 1 1 1


5!74 5!74 5!74 5!74 2!"7

2!62 2!2$ 1!55 0!"& 0!17



72!00 72!00 "1!00 "1!00 60!00





( Rs.in million

9 $ " /?

$50 $50 $50 $50 $50


20!0& 1$!44 "!&0 2!"7 0!00


0 0 0 0 0

45!&5 45!&5 45!&5 45!&5 45!&5


18/31


$"0!00 $"0!00 $"0!00 $"0!00 $"0!00

140!42 152!0$ 174!7& 165!$7 217!16

4$6!&" 427!6& 40&!2$ 2"$!54 2&2!"1

45!&5 45!&5 45!&5 45!&5 45!&5


2!1$ 2!1$ 2!1$ 2!1$ 2!1$

0!00 0!00 0!00 0!00 0!00


$!00 4!00 2!00 1!00 0!00GHLD;I GHLD;I GHLD;I GHLD;I GGG


19/31


20/31

(Rs.in millions


21/31


22/31


23/31


24/31


25/31


26/31


27/31


28/31


29/31


30/31


31/31

year1 year2 year3 year4 year5Sales 31200000 35256000 39839280 45018386 50870777

Service 4500000 5085000 5746050 6493037 7337131

total income 35700000 40341000 45585330 51511423 58207908

cost 0 0 0 0

rent 2000000 2260000 2553800 2885794 3260947

emp.cost 13000000 14690000 16599700 18757661 21196157

ope.cost 1560000 1762800 1991964 2250919 2543539

vpc 29913600 33802368 38196676 43162244 48773335

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