Bill of material

Component

Model A

FR-A
FR-B
FR-C

4
0
0

W
W-1
W-2

2
60
2

S
S-1

1
1

CH
CH-1
CH-2

1
1
1

P
P-1

2
2

C
C-1

1
1

H-A
H-B
H-C

1
0
0

F-A
F-B
F-C

2
0
0

FR Assembly

W Assembly

S Assembly

CH Assembly

P Assembly

C Assembly

H Assembly

F Assembly

Inventory Norms
Assembly
FR-A
FR-B
FR-C
W
W-1
W-2
S
S-1

Norms
1
1
1
0.5
0.5
0.5
0.5
0.5

CH
CH-1
CH-2
P
P-1
C
C-1
H-A
H-B
H-C
F-A
F-B
F-C

1.5
1.5
1.5
10
10
10
10
1
1
1
1
1
1

Supplier Credit

30

Components
FR-A
FR-B
FR-C
H-A
H-B
H-C
F-A
F-B
F-C

Purchases
Requirement
1.33
1.5
1.67
1.15
1.23
1.38
1.13
1.2
1.33

Marketing Data
Model
Model A
Model B
Model C

Price
10,500
11,500
13,000

Current Market Size

Mkt growth rate

1,000,000
20%

Market Share
Year 1
15%

Year 2
20%

Retailer Margin

11%

S&D Expenses

3%

Advt Expenses

10,000,000.00

Retailer Credit

30

Production Data
Parameter
Consumables per unit
Tools and toolings per month
Total Energy consumption (kwh) per day
Cost per KWH
Preventive Maintenance per machine per month
Cost per Preventive Maintenance
Breakdowns per machine per year
Cost per breakdown
Number of machines
Number of plant employees
Cost per employee per month
Other manufacturing overheads per month

Year 1
20
250,000
150
15
2
15,000
0
35,000
5
50
18,000
225,000

G&A Overheads
Rent factory premises
Rent warehouse for FG
Rent head office
Salaries
Travel expenses
Postage, courier
Staff welfare
Other overheads
Cost increase per year
Investments
Plant & Machinery
Other Plant equipment
ACs and Cooler fans
Head office furniture
Plant furniture
HO ACs and fittings
Warehouse fittings
Cars
Computers

10%

Financing
Debt
Equity
Interest Rate - debt
Minimum Cash
Surplus investment
Tenure of investment
Deficit cash borrowing
Loan repayment
Tax Rate
Days in a month
Days in a year
Months in a year

1.5
1
12%
5%
6.50%
3
15%
5.00
30%
30
360
12

month
month
month
month
month
month
month
month

Model B

Model C

Rate per unit

In-house /Bought

0
3
0

0
0
3

428.57
500.00
600.00

In-house
In-house
In-house

2
60
2

2
60
2

650
2
50

Bought
Bought
Bought

1
1

1
1

120
50

Bought
Bought

1
1
1

1
1
1

600
100
250

Bought
Bought
Bought

2
2

2
2

80
40

Bought
Bought

1
1

1
1

500
150

Bought
Bought

0
1
0

0
0
1

812.50
812.50
1083.33

In-house
In-house
In-house

0
2
0

0
0
2

857.14
1000.00
1000.00

In-house
In-house
In-house

month
month
month
days
days
days
days
month
month
month
month
month
month
days

urchases
Cost/length unit

Length Units
300
300
300
650
650
650
750
750
750

Inventory Norms (days)

30
15
15

10
10
10
5
5
5
8
8
8

Ratio of Sales

Costs
428.57
500.00
600.00
812.50
812.50
1,083.33
857.14
1,000.00
1,000.00

% of sales

1
2
1

0.25
0.5
0.25

per year

Year 3
23%

of sales

Year 4
25%

Year 5
25%

days

Year 2
22
300,000
152
16
2
15,000
0
35,000
5
55
20,000
300,000

Year 3
25
325,000
155
16
3
20,000
1
40,000
5
60
22,000
325,000

100,000
75,000
150,000
2,000,000
500,000
100,000
100,000
500,000

100,000,000
20,000,000
5,000,000
2,000,000
1,000,000
5,000,000
2,000,000
5,000,000
5,000,000

10
10
5
15
15
5
5
5
5

Year 4
28
350,000
160
18
3
20,000
1
40,000
5
65
24,500
350,000

Year 5
31
400,000
165
18
4
25,000
2
45,000
5
70
27,000
375,000

of current assets
months
years

Year 1
Sales Volume
Market Size
Model A
Model B
Model C
Total
Sales Revenue
Model A
Model B
Model C
Total
FG Inventory - Volume
Model A
Model B
Model C
Quantity produced
Model A
Model B
Model C

Year 2

Year 3

Year 4

1000000
37500
75000
37500

1200000
60000
120000
60000

1440000
81000
162000
81000

1728000
108000
216000
108000

150000

240000

324000

432000

393,750,000
862,500,000
487,500,000
1,743,750,000

630,000,000
1,380,000,000
780,000,000
2,790,000,000

850,500,000
1,863,000,000
1,053,000,000
3,766,500,000

1,134,000,000
2,484,000,000
1,404,000,000
5,022,000,000

3125
3125
1562.5

5000
5000
2500

6750
6750
3375

9000
9000
4500

40625
78125
39062.5

65000
125000
62500

87750
168750
84375

117000
225000
112500

Year 5
2073600
129600
259200
129600
518400

1,360,800,000
2,980,800,000
1,684,800,000
6,026,400,000

10800
10800
5400

140400
270000
135000

Consumption
In-house
FR-A
FR-B
FR-C
H-A
H-B
H-C
F-A
F-B
F-C
Total

Year 1
Year 2
Year 3
69,642,857.14
111,428,571.43
150,428,571.43
117,187,500.00
187,500,000.00
253,125,000.00
70,312,500.00
112,500,000.00
151,875,000.00
33,007,812.50
52,812,500.00
71,296,875.00
63,476,562.50
101,562,500.00
137,109,375.00
42,317,708.33
67,708,333.33
91,406,250.00
69,642,857.14
111,428,571.43
150,428,571.43
156,250,000.00
250,000,000.00
337,500,000.00
78,125,000.00
125,000,000.00
168,750,000.00
699,962,797.62
1,119,940,476.19
1,511,919,642.86

Bought out
W
W-1
W-2
S
S-1
CH
CH-1
CH-2
P
P-1
C
C-1
Total

Year 1
Year 2
Year 3
205,156,250.00
328,250,000.00
443,137,500.00
18,937,500.00
30,300,000.00
40,905,000.00
15,781,250.00
25,250,000.00
34,087,500.00
18,937,500.00
30,300,000.00
40,905,000.00
7,890,625.00
12,625,000.00
17,043,750.00
94,687,500.00
151,500,000.00
204,525,000.00
15,781,250.00
25,250,000.00
34,087,500.00
39,453,125.00
63,125,000.00
85,218,750.00
25,250,000.00
40,400,000.00
54,540,000.00
12,625,000.00
20,200,000.00
27,270,000.00
78,906,250.00
126,250,000.00
170,437,500.00
23,671,875.00
37,875,000.00
51,131,250.00
557,078,125.00
891,325,000.00
1,203,288,750.00

Inventory - components
In-house
FR-A
FR-B
FR-C
H-A
H-B
H-C
F-A
F-B
F-C
Total

Year 0
5,803,571.43
9,765,625.00
5,859,375.00
2,750,651.04
5,289,713.54
3,526,475.69
5,803,571.43
13,020,833.33
6,510,416.67
58,330,233.13

Year 1
9,285,714.29
15,625,000.00
9,375,000.00
4,401,041.67
8,463,541.67
5,642,361.11
9,285,714.29
20,833,333.33
10,416,666.67
93,328,373.02

Year 2
12,535,714.29
21,093,750.00
12,656,250.00
5,941,406.25
11,425,781.25
7,617,187.50
12,535,714.29
28,125,000.00
14,062,500.00
125,993,303.57

Bought out
W
W-1
W-2
S
S-1
CH
CH-1
CH-2
P
P-1
C
C-1
Total

Year 0
8,548,177.08
789,062.50
657,552.08
789,062.50
328,776.04
11,835,937.50
1,972,656.25
4,931,640.63
701,388.89
350,694.44
2,191,840.28
657,552.08
33,754,340.28

Year 1
Year 2
13,677,083.33
18,464,062.50
1,262,500.00
1,704,375.00
1,052,083.33
1,420,312.50
1,262,500.00
1,704,375.00
526,041.67
710,156.25
18,937,500.00
25,565,625.00
3,156,250.00
4,260,937.50
7,890,625.00
10,652,343.75
1,122,222.22
1,515,000.00
561,111.11
757,500.00
3,506,944.44
4,734,375.00
1,052,083.33
1,420,312.50
54,006,944.44
72,909,375.00

Cost of Purchases
In-house
Bought out
Total

Year 0
58,330,233.13
33,754,340.28

Year 1
734,960,937.50
577,330,729.17

Year 2
1,152,605,406.75
910,227,430.56

92,084,573.41

1,312,291,666.67

2,062,832,837.30

Year 4
Year 5
200,571,428.57
240,685,714.29
337,500,000.00
405,000,000.00
202,500,000.00
243,000,000.00
95,062,500.00
114,075,000.00
182,812,500.00
219,375,000.00
121,875,000.00
146,250,000.00
200,571,428.57
240,685,714.29
450,000,000.00
540,000,000.00
225,000,000.00
270,000,000.00
2,015,892,857.14
2,419,071,428.57

Year 4
Year 5
590,850,000.00
709,020,000.00
54,540,000.00
65,448,000.00
45,450,000.00
54,540,000.00
54,540,000.00
65,448,000.00
22,725,000.00
27,270,000.00
272,700,000.00
327,240,000.00
45,450,000.00
54,540,000.00
113,625,000.00
136,350,000.00
72,720,000.00
87,264,000.00
36,360,000.00
43,632,000.00
227,250,000.00
272,700,000.00
68,175,000.00
81,810,000.00
1,604,385,000.00
1,925,262,000.00

Year 3
Year 4
16,714,285.71
20,057,142.86
28,125,000.00
33,750,000.00
16,875,000.00
20,250,000.00
7,921,875.00
9,506,250.00
15,234,375.00
18,281,250.00
10,156,250.00
12,187,500.00
16,714,285.71
20,057,142.86
37,500,000.00
45,000,000.00
18,750,000.00
22,500,000.00
167,991,071.43
201,589,285.71

Year 3
Year 4
24,618,750.00
29,542,500.00
2,272,500.00
2,727,000.00
1,893,750.00
2,272,500.00
2,272,500.00
2,727,000.00
946,875.00
1,136,250.00
34,087,500.00
40,905,000.00
5,681,250.00
6,817,500.00
14,203,125.00
17,043,750.00
2,020,000.00
2,424,000.00
1,010,000.00
1,212,000.00
6,312,500.00
7,575,000.00
1,893,750.00
2,272,500.00
97,212,500.00
116,655,000.00

Year 3
1,553,917,410.71
1,227,591,875.00

Year 4
2,049,491,071.43
1,623,827,500.00

Year 5
2,217,482,142.86
1,808,607,000.00

2,781,509,285.71

3,673,318,571.43

4,026,089,142.86

Parameter
Consumables
Tools and toolings per month
Total Energy consumption (kwh)
Preventive Maintenance
Breakdowns per machine per year
Employee Cost
Other manufacturing overheads per month

Year 1
3,156,250.00
3,000,000.00
810,000.00
1,800,000.00
10,800,000.00
2,700,000.00

Year 2
5,555,000.00
3,600,000.00
875,520.00
1,800,000.00
13,200,000.00
3,600,000.00

Total Manufacturing Exps

22,266,250.00

28,630,520.00

Year 3
8,521,875.00
3,900,000.00
892,800.00
3,600,000.00
200,000.00
15,840,000.00
3,900,000.00

Year 4
12,726,000.00
4,200,000.00
1,036,800.00
3,600,000.00
200,000.00
19,110,000.00
4,200,000.00

Year 5
16,907,400.00
4,800,000.00
1,069,200.00
6,000,000.00
450,000.00
22,680,000.00
4,500,000.00

36,854,675.00

45,072,800.00

56,406,600.00

Particulars
Rent factory premises
Rent warehouse for FG
Rent head office
Salaries
Travel expenses
Postage, courier
Staff welfare
Other overheads
Total

Year 1
1,200,000
900,000
1,800,000
24,000,000
6,000,000
1,200,000
1,200,000
6,000,000

Year 2
1,320,000
990,000
1,980,000
26,400,000
6,600,000
1,320,000
1,320,000
6,600,000

Year 3
1,452,000
1,089,000
2,178,000
29,040,000
7,260,000
1,452,000
1,452,000
7,260,000

Year 4
1,597,200
1,197,900
2,395,800
31,944,000
7,986,000
1,597,200
1,597,200
7,986,000

42,300,000

46,530,000

51,183,000

56,301,300

Year 5
1,756,920
1,317,690
2,635,380
35,138,400
8,784,600
1,756,920
1,756,920
8,784,600
61,931,430

Year 1
Total Consumption
Mfg expenses
Total COP
No. of units produced
COP per unit
FG Inventory
COGS

Year 2

Year 3

1,257,040,922.62
22,266,250.00
1,279,307,172.62

2,011,265,476.19
28,630,520.00
2,039,895,996.19

2,715,208,392.86
36,854,675.00
2,752,063,067.86

157,812.50
8,106.50

252,500.00
8,078.80

340,875.00
8,073.53

63,332,038.25

100,984,950.31

136,240,745.93

1,215,975,134.37

2,002,243,084.13

2,716,807,272.23

Year 4

Year 5

3,620,277,857.14
45,072,800.00
3,665,350,657.14

4,344,333,428.57
56,406,600.00
4,400,740,028.57

454,500.00
8,064.58

545,400.00
8,068.83

181,453,002.83

217,858,417.26

3,620,138,400.25

4,364,334,614.14

Asset details

Plant & Machinery

Other Plant equipment
ACs and Cooler fans
Head office furniture
Plant furniture
HO ACs and fittings
Warehouse fittings
Cars
Computers

Cost

100,000,000
20,000,000
5,000,000
2,000,000
1,000,000
5,000,000
2,000,000
5,000,000
5,000,000
145,000,000

Useful life

10
10
5
15
15
5
5
5
5

Depreciation (SLM) 1-5

10,000,000.00
2,000,000.00
1,000,000.00
133,333.33
66,666.67
1,000,000.00
400,000.00
1,000,000.00
1,000,000.00
16,600,000.00

Total Asset
- Fixed Assets
- Working Capital
- R/M and components
- Expenses - 1 month
Less Creditors
Total finance
Debt
Equity
Loan repayment - EMI

145,000,000.00
97,465,094.25
92,084,573.41
5,380,520.83
92,084,573.41
150,380,520.83
90,228,312.50
60,152,208.33
$2,007,078.98 Opening
Interest
Loan Rep
1
90,228,312.50
902,283.13 $1,104,795.85
2
89,123,516.65
891,235.17 $1,115,843.81
3
88,007,672.84
880,076.73 $1,127,002.25
4
86,880,670.59
868,806.71 $1,138,272.27
5
85,742,398.32
857,423.98 $1,149,654.99
6
84,592,743.32
845,927.43 $1,161,151.54
7
83,431,591.78
834,315.92 $1,172,763.06
8
82,258,828.72
822,588.29 $1,184,490.69
9
81,074,338.03
810,743.38 $1,196,335.60
10
79,878,002.43
798,780.02 $1,208,298.95
11
78,669,703.48
786,697.03 $1,220,381.94
12
77,449,321.54
774,493.22 $1,232,585.76
13
76,216,735.78
762,167.36 $1,244,911.62
14
74,971,824.16
749,718.24 $1,257,360.74
15
73,714,463.42
737,144.63 $1,269,934.34
16
72,444,529.08
724,445.29 $1,282,633.69
17
71,161,895.39
711,618.95 $1,295,460.02
18
69,866,435.37
698,664.35 $1,308,414.62
19
68,558,020.75
685,580.21 $1,321,498.77
20
67,236,521.98
672,365.22 $1,334,713.76
21
65,901,808.22
659,018.08 $1,348,060.89
22
64,553,747.32
645,537.47 $1,361,541.50
23
63,192,205.82
631,922.06 $1,375,156.92
24
61,817,048.90
618,170.49 $1,388,908.49
25
60,428,140.41
604,281.40 $1,402,797.57
26
59,025,342.84
590,253.43 $1,416,825.55
27
57,608,517.29
576,085.17 $1,430,993.80
28
56,177,523.49
561,775.23 $1,445,303.74
29
54,732,219.75
547,322.20 $1,459,756.78
30
53,272,462.97
532,724.63 $1,474,354.35
31
51,798,108.62
517,981.09 $1,489,097.89
32
50,309,010.73
503,090.11 $1,503,988.87
33
48,805,021.86
488,050.22 $1,519,028.76
34
47,285,993.10
472,859.93 $1,534,219.05
35
45,751,774.05
457,517.74 $1,549,561.24
36
44,202,212.82
442,022.13 $1,565,056.85

37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60

Short-term borrowing
Year 1
Year 2
92,367,063.01

42,637,155.97
41,056,448.55
39,459,934.06
37,847,454.42
36,218,849.99
34,573,959.51
32,912,620.13
31,234,667.35
29,539,935.05
27,828,255.42
26,099,459.00
24,353,374.61
22,589,829.38
20,808,648.70
19,009,656.21
17,192,673.79
15,357,521.56
13,504,017.79
11,631,978.99
9,741,219.81
7,831,553.03
5,902,789.58
3,954,738.50
1,987,206.91

Year 3

426,371.56
410,564.49
394,599.34
378,474.54
362,188.50
345,739.60
329,126.20
312,346.67
295,399.35
278,282.55
260,994.59
243,533.75
225,898.29
208,086.49
190,096.56
171,926.74
153,575.22
135,040.18
116,319.79
97,412.20
78,315.53
59,027.90
39,547.39
19,872.07

Year 4

$1,580,707.42
$1,596,514.49
$1,612,479.64
$1,628,604.43
$1,644,890.48
$1,661,339.38
$1,677,952.78
$1,694,732.30
$1,711,679.63
$1,728,796.42
$1,746,084.39
$1,763,545.23
$1,781,180.68
$1,798,992.49
$1,816,982.42
$1,835,152.24
$1,853,503.76
$1,872,038.80
$1,890,759.19
$1,909,666.78
$1,928,763.45
$1,948,051.08
$1,967,531.59
$1,987,206.91

Year 5

Closing
89,123,516.65
88,007,672.84
86,880,670.59
85,742,398.32
84,592,743.32
83,431,591.78
82,258,828.72
81,074,338.03
79,878,002.43
78,669,703.48
77,449,321.54
76,216,735.78
74,971,824.16
73,714,463.42
72,444,529.08
71,161,895.39
69,866,435.37
68,558,020.75
67,236,521.98
65,901,808.22
64,553,747.32
63,192,205.82
61,817,048.90
60,428,140.41
59,025,342.84
57,608,517.29
56,177,523.49
54,732,219.75
53,272,462.97
51,798,108.62
50,309,010.73
48,805,021.86
47,285,993.10
45,751,774.05
44,202,212.82
42,637,155.97

41,056,448.55
39,459,934.06
37,847,454.42
36,218,849.99
34,573,959.51
32,912,620.13
31,234,667.35
29,539,935.05
27,828,255.42
26,099,459.00
24,353,374.61
22,589,829.38
20,808,648.70
19,009,656.21
17,192,673.79
15,357,521.56
13,504,017.79
11,631,978.99
9,741,219.81
7,831,553.03
5,902,789.58
3,954,738.50
1,987,206.91
0.00

Year 1

Year 2

Year 3

Year 4

Net Sales

1,551,937,500.00

2,483,100,000.00

3,352,185,000.00

4,469,580,000.00

COGS

1,215,975,134.37

2,002,243,084.13

2,716,807,272.23

3,620,138,400.25

335,962,365.63

480,856,915.87

635,377,727.77

849,441,599.75

Selling exp

46,558,125.00

74,493,000.00

100,565,550.00

134,087,400.00

Advertising exp

10,000,000.00

11,000,000.00

12,100,000.00

13,310,000.00

G&A Exp

42,300,000.00

46,530,000.00

51,183,000.00

56,301,300.00

237,104,240.63

348,833,915.87

471,529,177.77

645,742,899.75

Gross Profit

EBITDA
EBITDA%
Depreciation
Operating Profit
LTL Interest

15.28

14.05

14.07

14.45

16,600,000.00

16,600,000.00

16,600,000.00

16,600,000.00

220,504,240.63

332,233,915.87

454,929,177.77

629,142,899.75

10,073,371.00

8,296,352.36

6,293,963.28

4,037,621.14

13,855,059.45

13,855,059.45

13,855,059.45

STL Interest

PBT

210,430,869.63

310,082,504.05

434,780,155.04

611,250,219.16

Tax

63,129,260.89

93,024,751.22

130,434,046.51

183,375,065.75

PAT

147,301,608.74

217,057,752.84

304,346,108.53

427,875,153.41

PAT %

9.49

8.74

9.08

9.57

Year 5
5,363,496,000.00
4,364,334,614.14
999,161,385.86
160,904,880.00
14,641,000.00
61,931,430.00
761,684,075.86
14.20
16,600,000.00
745,084,075.86
1,495,118.34
13,855,059.45
729,733,898.06
218,920,169.42
510,813,728.64
9.52

Year 0

Year 1

Year 2

1,422,609,375.00

2,276,175,000.00

Operational Cash inflows

Sales
Debtors

129,328,125.00

Operational Cash Outflows

Purchases

1,202,934,027.78

1,890,930,100.86

Creditors

92,084,573.41

109,357,638.89

Manufacturing exp

22,266,250.00

28,630,520.00

G & A Exp

42,300,000.00

46,530,000.00

Advertising exp

10,000,000.00

11,000,000.00

Selling exp

46,558,125.00

74,493,000.00

Tax

63,129,260.89

93,024,751.22

4,604,228.67

12,395,545.36

8,340,857.41

(4,604,228.67)

(69,058,407.44)

143,196,256.63

92,367,063.01

13855059.45

24,084,947.73

24,084,947.73

68,282,115.28

(37,940,007.18)

Minimum Cash Balance

Net cash flow from operations
Cash flow Financing
Loan

90,228,312.50

ST Loan
Interest on ST Loan
Repayment of ST Loan
Equity

60,152,208.33

Loan serviceing
Net cash flows from financing

150,380,520.83

Cash flow - investments

Purchase of equipment

(145,000,000.00)

Opening Balance

776,292.16

Cash flows for the year

776,292.16

Closing Balance

776,292.16

(776,292.16)
-

105,256,249.45
105,256,249.45

Year 3

Year 4

Year 5

3,072,836,250.00

4,097,115,000.00

4,916,538,000.00

206,925,000.00

279,348,750.00

372,465,000.00

2,549,716,845.24

3,367,208,690.48

3,690,581,714.29

171,902,736.44

231,792,440.48

306,109,880.95

36,854,675.00

45,072,800.00

56,406,600.00

51,183,000.00

56,301,300.00

61,931,430.00

12,100,000.00

13,310,000.00

14,641,000.00

100,565,550.00

134,087,400.00

160,904,880.00

130,434,046.51

183,375,065.75

218,920,169.42

8,699,021.92

9,568,461.06

(10,367,293.56)

218,305,374.88

335,747,592.24

789,874,618.91

13855059.45

13855059.45

13855059.45

24,084,947.73

24,084,947.73

24,084,947.73

(37,940,007.18)

(37,940,007.18)

(37,940,007.18)

105,256,249.45

285,621,617.16

583,429,202.22

180,365,367.71

297,807,585.06

751,934,611.73

285,621,617.16

583,429,202.22

1,335,363,813.95

Year 0

Year 1

Year 2

Liabilities
Long term
- Equity

60,152,208.33

- Retained Earnings

60,152,208.33

60,152,208.33

147,301,608.74

364,359,361.58

Total Equity

60,152,208.33

207,453,817.07

424,511,569.91

Long term loans

90,228,312.50

76,216,735.78

60,428,140.41

92,367,063.01

92,367,063.01

92,084,573.41

109,357,638.89

171,902,736.44

242,465,094.25

485,395,254.74

749,209,509.77

145,000,000.00

128,400,000.00

111,800,000.00

Short term Loans

Current Liabilities
Total Liabilities
Assets
Net fixed assets
Surplus Cash

776,292.16

Receivables
Inventory
- Raw material
- Finished Goods
Minimum Cash
Total Assets
Assets - Liabilities

105,256,249.45

129,328,125.00

206,925,000.00

92,084,573.41
92,084,573.41

210,667,355.71
147,335,317.46
63,332,038.25

299,887,628.88
198,902,678.57
100,984,950.31

4,604,228.67

16,999,774.04

25,340,631.44

242,465,094.25

485,395,254.74

749,209,509.77

Year 3

Year 4

Year 5

60,152,208.33

60,152,208.33

60,152,208.33

668,705,470.11

1,096,580,623.52

1,607,394,352.16

728,857,678.44

1,156,732,831.85

1,667,546,560.50

42,637,155.97

22,589,829.38

0.00

92,367,063.01

92,367,063.01

92,367,063.01

231,792,440.48

306,109,880.95

335,507,428.57

1,095,654,337.89

1,577,799,605.19

2,095,421,052.07

95,200,000.00

78,600,000.00

62,000,000.00

285,621,617.16

583,429,202.22

1,335,363,813.95

279,348,750.00

372,465,000.00

446,958,000.00

401,444,317.36
265,203,571.43
136,240,745.93

499,697,288.54
318,244,285.71
181,453,002.83

217,858,417.26
217,858,417.26

34,039,653.37

43,608,114.43

33,240,820.86

1,095,654,337.89

1,577,799,605.19

2,095,421,052.07

Year 1

Year 2

Year 3

Year 4

Year 5

Current Ratio

1.65

2.28

2.93

3.58

4.51

Quick Ratio

0.68

1.21

1.75

2.39

4.03

Gross Margin

21.65

19.37

18.95

19.00

18.63

EBITDA Margin

15.28

14.05

14.07

14.45

14.20

Operating Profit

14.21

13.38

13.57

14.08

13.89

Net Profit Margin

Inventory Turnover

9.49
8.03

8.74
7.84

9.08
7.75

9.57
8.03

9.52
12.16

Receivables Turnover

24 14.76923 13.78723 13.71429 13.09091

Average Collection Period

15

24.375 26.11111

26.25

27.5

Fixed Assets Turnover

11.35

20.68

32.39

51.43

76.29

Total Assets Turnover

4.26

4.02

3.63

3.34

2.92

15.62

10.80

16.10

24.91

34.28

7.22

6.74

8.99

12.19

14.31

Interest Coverage Ratio

Debt Service Coverage Ratio
Debt Equity Ratio

0.367391 0.142347 0.058499 0.019529

ROE

71.00453 51.13117 41.75659 36.98997 30.63265

ROI
Dupont
- Net Margin
- Asset Turnover
- Equity multiplier

54.41
0.7100
0.0949
4.26
1.754271

45.96

40.02

36.52

1.79E-17

30.70

-5%

Year 1
Current Ratio
Quick Ratio
Gross Margin
EBITDA Margin
Operating Profit
Net Profit Margin
Inventory Turnover
Receivables Turnover
Average Collection Period
Fixed Assets Turnover
Total Assets Turnover
Interest Coverage Ratio
Debt Service Coverage Ratio
Debt Equity Ratio
ROE
ROI

Year 2

Year 3

Year 4

Year 5