SCHEDULE OF INTEREST ON TERM LOAN

INTEREST ON TERM LOAN

YEAR
1
2
3
4
5
6
7
8
9
10

LOAN O/S
INTEREST
AT THE
FIRST
SECOND
ON FIRST
BEGINNING HALF
HALF
HALF
60
60
60
3.6
60
60
56.25
3.6
56.25
52.5
48.75
3.375
48.75
45
41.25
2.925
41.25
37.5
33.75
2.475
33.75
30
26.25
2.025
26.25
22.5
18.75
1.575
18.75
15
11.25
1.125
11.25
7.5
3.75
0.675
3.75
0
0
0.225

INTEREST
ON
SECOND
TOTAL
HALF
INTEREST
3.6
7.20
3.6
7.20
3.15
6.53
2.7
5.63
2.25
4.73
1.8
3.83
1.35
2.93
0.9
2.03
0.45
1.13
0
0.23

WORKING CAPITAL REQUIREMENT AND FINANCING

YEAR

PARTICULARS
RAW MATERIAL
STOCK-IN-PROCESS
FINISHED GOODS
BOOK-DEBT
CURRENT ASSETS
LESS: MARGIN MONEY
GROSS REQUIREMENT
LESS: SUPPLIES
FINANCING FROM BANK
CHANGE IN BANK FINANCE
NET WC
CHANGE IN WC
INTEREST ON WC FINANCING

NORMS
IN
MONTHS
1.5
0.03
0.5
1

0.5

1
14.04
0.32
5.41
14.40
34.17
8.54
25.63
4.68
20.95
20.95
29.49
29.49

2
16.85
0.38
6.44
17.28
40.95
10.24
30.72
5.62
25.10
4.15
35.34
5.85

3
19.66
0.45
7.52
20.16
47.78
11.95
35.84
6.55
29.29
4.19
41.23
5.89

4
19.66
0.45
7.55
20.16
47.81
11.95
35.86
6.55
29.31
0.02
41.26
0.03

5
19.66
0.45
7.57
20.16
47.84
11.96
35.88
6.55
29.33
0.02
41.29
0.03

2.72

3.26

3.81

3.81

3.81

6
19.66
0.45
7.60
20.16
47.87
11.97
35.90
6.55
29.35
0.02
41.32
0.03

7
19.66
0.46
7.63
20.16
47.91
11.98
35.93
6.55
29.38
0.02
41.35
0.03

8
19.66
0.46
7.67
20.16
47.94
11.98
35.95
6.55
29.40
0.03
41.39
0.03

9
19.66
0.46
7.70
20.16
47.98
11.99
35.98
6.55
29.43
0.03
41.42
0.04

10
19.66
0.46
7.74
20.16
48.01
12.00
36.01
6.55
29.46
0.03
41.46
0.04

3.82

3.82

3.82

3.83

3.83

PROFITABILITY
INSTALLED CAPACITY

PRODUCTION

UTILIZATION
CAPACITY
SALES
(IN MILLIONS)
RAW MATERIAL
POWER
WAGES & SALARIES
FACTORY O/H
COST OF PRODUCTION
ADM. EXPENSES
COST OF GOODS SOLD
SELLING EXPENSES
COST OF SALES
PRELIMINARY EXPS.
DEPRECIATION
EBIT
INTEREST ON TERM LOANS
INTEREST ON WC FINANCING
EBT
PROVISION FOR TAX
PAT
LESS: PROPOSED DIVIDEND
RETAINED PROFIT
ACCUMULATED RETAINED PROFIT
CASH FLOWS
CASH INFLOWS
BOOK DEBT
SUPPLIERS
RAW MATERIAL
STOCK-IN-PROCESS
FINISHED GOODS

1
2
3
4
50%
60%
70%
70%
1440
1728
2016
2016
172.8 207.36 241.92 241.92
112.32
6.91
9.00
0.5
128.73
1.00
129.73
17.28
147.01
0.20
6.55
19.04
7.20
2.72
9.12
0.55
8.57
0.00
8.57
8.57
15.32
22.52

134.78
8.29
10.00
0.53
153.61
1.00
154.61
20.74
175.34
0.20
6.55
25.27
7.20
3.26
14.80
2.85
11.95
6.00
5.95
14.52
18.70
25.90

157.25
9.68
12.00
0.56
179.49
1.00
180.49
24.19
204.68
0.20
6.55
30.49
6.53
3.81
20.15
4.96
15.19
6.00
9.19
23.72
21.94
28.47

157.25
9.68
12.60
0.60
180.12
1.00
181.12
24.19
205.31
0.20
6.55
29.86
5.63
3.81
20.42
5.48
14.94
7.00
7.94
31.66
21.69
27.32

14.40
4.68
14.04
0.32
5.41

17.28
5.62
16.85
0.38
6.44

20.16
6.55
19.66
0.45
7.52

20.16
6.55
19.66
0.45
7.55

2880

ED CAPACITY
YEAR

2880 TPA

5
6
7
8
9
10
70%
70%
70%
70%
70%
70%
2016
2016
2016
2016
2016
2016
241.92 241.92 241.92 241.92 241.92 241.92
157.25
9.68
13.23
0.63
180.79
1.00
181.79
24.19
205.98
0.20
6.55
29.19
4.73
3.81
20.65
5.92
14.73
7.00
7.73
39.39
21.48
26.21

157.25
9.68
13.89
0.67
181.49
1.00
182.49
24.19
206.68
0.20
6.55
28.49
3.83
3.82
20.85
6.30
14.55
8.00
6.55
45.94
21.30
25.13

157.25
9.68
14.59
0.71
182.22
1.00
183.22
24.19
207.41
0.20
6.55
27.76
2.93
3.82
21.01
6.62
14.39
8.00
6.39
52.33
21.14
24.07

157.25
9.68
15.32
0.75
182.99
1.00
183.99
24.19
208.18
0.20
6.55
26.99
2.03
3.82
21.13
6.89
14.24
9.00
5.24
57.57
20.99
23.02

157.25
9.68
16.08
0.80
183.80
1.00
184.80
24.19
208.99
0.20
6.55
26.18
1.13
3.83
21.22
7.11
14.11
9.00
5.11
62.68
20.86
21.99

157.25
9.68
16.89
0.84
184.65
1.00
185.65
24.19
209.85
0.20
6.55
25.32
0.23
3.83
21.26
7.30
13.97
10.00
3.97
66.65
20.72
20.95

20.16
6.55
19.66
0.45
7.57

20.16
6.55
19.66
0.45
7.60

20.16
6.55
19.66
0.46
7.63

20.16
6.55
19.66
0.46
7.67

20.16
6.55
19.66
0.46
7.70

20.16
6.55
19.66
0.46
7.74

LAND & SITE DEV.

BUILDING
PLANT & MACHINERY
MISC. FIXED ASSETS
YEAR
EBT
DEPRECIATION
EBDT
DEP. AS PER IT
EBT
TAX @ 30%

ORIGINAL
VALUE
10
15
62
4
91
1
9.12
6.55
15.67
13.84
1.83
0.55

11.5
8
SHARE OF
PRE
OPERATIVE CONTINGENCY
EXPS.
MARGIN
TOTAL
1.26
0.88
12.14
1.90
1.32
18.21
7.84
5.45
75.29
0.51
0.35
4.86
11.50
8.00
110.5
2
3
4
14.80
20.15
20.42
6.55
6.55
6.55
21.35
26.70
26.97
11.86
10.16
8.71
9.49
16.54
18.26
2.85
4.96
5.48

RATE

DEP
0
3.34
7.42
7.42

5
20.65
6.55
27.20
7.47
19.73
5.92

0.00
0.61
5.59
0.36
6.55
6
20.85
6.55
27.40
6.41
20.99
6.30

7
21.01
6.55
27.56
5.5
22.06
6.62

8
21.13
6.55
27.68
4.72
22.96
6.89

9
21.22
6.55
27.77
4.06
23.71
7.11

10
21.26
6.55
27.81
3.49
24.32
7.30

CONSTRUCTION
PERIOD
SOURCES OF FUNDS
ISSUE OF SHARE CAPITAL
PROFIT BEFORE TAX
ADD: INTEREST ON TERM LOAN
INTEREST ON BANK FINANCING
DEPRECIATION
PRELIMINARY EXPENSES W/O
PROFIT BEFORE TAX, INTEREST & NON CASH ITEMS
INCREASE IN MEDIUM AND LONG-TERM BORROWINGS
INCREASE IN BANK BORROWINGS
INCREASE IN STATE GOVT. SPECIAL INCENTIVE LOAN
TOTAL (A)
DISPOSITION OF FUNDS
CAPITAL EXPENDITURE IN FIXED ASSETS
INCREASE IN WORKING CAPITAL
DECREASE IN MEDIUM AND LONG-TERM BORROWINGS
INTEREST PAID ON TERM LOAN
INTEREST PAID ON BANK FINANCING
PRELIMINARY EXPENSES
TAX (ASSUMED PAID)
DIVIDEND (ASSUMED PAID)
TOTAL (B)
OPENING BALANCE OF CASH & BANK
NET SURPLUS/DEFICIT (A-B)
CLOSING BALANCE OF CASH & BANK

50.00

0.00
9.12
7.20
2.72
6.55
0.20
25.79

60.00

0.00
20.95
0.00
46.74

11.00
121.00

110.50

112.50

0.00
29.49
0.00
7.20
2.72
0.00
0.55
0.00
39.96

0.00
8.50
8.50

8.50
6.78
15.28

2.00

PROJECTED CASH FLOW STATEMENT

OPERATING PERIOD

RS. IN MILLION

10

0.00
14.80
7.20
3.26
6.55
0.20
32.02

0.00
20.15
6.53
3.81
6.55
0.20
37.24

0.00
20.42
5.63
3.81
6.55
0.20
36.61

0.00
20.65
4.73
3.81
6.55
0.20
35.94

0.00
20.85
3.83
3.82
6.55
0.20
35.24

0.00
21.01
2.93
3.82
6.55
0.20
34.51

0.00
21.13
2.03
3.82
6.55
0.20
33.74

0.00
21.22
1.13
3.83
6.55
0.20
32.93

0.00
21.26
0.23
3.83
6.55
0.20
32.07

0.00
4.15
0.00
36.17

0.00
4.19
0.00
41.43

0.00
0.02
0.00
36.63

0.00
0.02
0.00
35.96

0.00
0.02
0.00
35.27

0.00
0.02
0.00
34.53

0.00
0.03
0.00
33.76

0.00
0.03
0.00
32.95

0.00
0.03
0.00
32.10

0.00
5.85
3.75
7.20
3.26
0.00
2.85
6.00
28.91

0.00
5.89
7.50
6.53
3.81
0.00
4.96
6.00
34.70

0.00
0.03
7.50
5.63
3.81
0.00
5.48
7.00
29.45

0.00
0.03
7.50
4.73
3.81
0.00
5.92
7.00
28.99

0.00
0.03
7.50
3.83
3.82
0.00
6.30
8.00
29.47

0.00
0.03
7.50
2.93
3.82
0.00
6.62
8.00
28.90

0.00
0.03
7.50
2.03
3.82
0.00
6.89
9.00
29.28

0.00
0.04
7.50
1.13
3.83
0.00
7.11
9.00
28.60

0.00
0.04
3.75
0.23
3.83
0.00
7.30
10.00
25.14

15.28
7.26
22.54

22.54
6.73
29.27

29.27
7.18
36.45

36.45
6.97
43.43

43.43
5.79
49.22

49.22
5.63
54.85

54.85
4.49
59.34

59.34
4.35
63.68

63.68
6.96
70.64