COST OF THE PROJECT

Sl.No. Description of Project ₹

1 MACHINERY & EQUIPMENTS 10,00,000.00

2 WORKING CAPITAL -

Total: 10,00,000.00

SOURCES OF FINANCE:

1 BANK TERM LOAN 9,50,000.00

2 BANK OVER DRAFT LOAN -

3 PROMOTORS CONTRIBUTION 50,000.00

Total: 10,00,000.00
 PROJECTED PROFITABILITY AND REPAYMENT STATEMENT

YEARS (₹)

I II III IV V VI VII
Income

Gross Receipts 16,00,000.00 17,28,000.00 19,00,800.00 20,90,880.00 22,99,968.00 25,29,965.00 27,82,962.00

16,00,000.00 17,28,000.00 19,00,800.00 20,90,880.00 22,99,968.00 25,29,965.00 27,82,962.00

Less: Expenses

Feed Cost 4,48,000.00 4,83,840.00 5,32,224.00 5,85,446.00 6,43,991.00 7,08,390.00 7,79,229.00

Salaries & Wages 4,00,000.00 4,32,000.00 4,75,200.00 5,22,720.00 5,74,992.00 6,32,491.00 6,95,741.00

Medicine Cost 2,40,000.00 2,59,200.00 2,85,120.00 3,13,632.00 3,44,995.00 3,79,495.00 4,17,444.00

Electrical Charges 48,000.00 51,840.00 57,024.00 62,726.00 68,999.00 75,899.00 83,489.00

Miscellaneous Expenses 10,000.00 10,500.00 11,025.00 11,576.25 12,155.06 12,762.82 13,400.96

Financial Charges 2,000.00 2,000.00 2,000.00 2,000.00 2,000.00 2,000.00 2,000.00

Interest on Term Loan 99,784.78 88,743.94 76,425.46 62,681.51 47,347.12 30,238.25 11,149.56

Depreciation 1,00,000.00 90,000.00 81,000.00 72,900.00 65,610.00 59,049.00 53,144.00

Total 13,47,784.78 14,18,123.94 15,20,018.46 16,33,681.76 17,60,089.18 19,00,325.06 20,55,597.52

Profit Before Tax 2,52,215.22 3,09,876.06 3,80,781.54 4,57,198.24 5,39,878.82 6,29,639.94 7,27,364.48
Less: Income tax - - - - - - 27,819.00

Profit After Tax 2,52,215.22 3,09,876.06 3,80,781.54 4,57,198.24 5,39,878.82 6,29,639.94 6,99,545.48
Add :Depreciation 1,00,000.00 90,000.00 81,000.00 72,900.00 65,610.00 59,049.00 53,144.00
NET CASH IN FLOW 3,52,215.22 3,99,876.06 4,61,781.54 5,30,098.24 6,05,488.82 6,88,688.94 7,52,689.48

Repayment of Term Loan 95,410.94 1,06,451.78 1,18,770.26 1,32,514.21 1,47,848.60 1,64,957.47 1,84,046.74

Debt Service Ratio 3.69 3.76 3.89 4.00 4.10 4.17 4.09

Debt Service Coverage Ratio 2.32 2.50 2.76 3.04 3.34 3.68 3.91

Average D.S.C.R 3.08

Net Pofit Ratio 15.76 17.93 20.03 21.87 23.47 24.89 26.14
 PROJECTED BALANCE SHEET

Years (₹)
I II III IV V VI VII

CAPITAL & LIABILITIES

Capital A/c

Opening balance - 1,27,215.22 1,87,091.28 2,67,872.82 3,75,071.06 5,14,949.88 6,94,589.81

Add: Addition during the year 50,000.00 - - - - - -

Net Profit 2,52,215.22 3,09,876.06 3,80,781.54 4,57,198.24 5,39,878.82 6,29,639.94 6,99,545.48

3,02,215.22 4,37,091.28 5,67,872.82 7,25,071.06 9,14,949.88 11,44,589.81 13,94,135.30

Less: Drawings 1,75,000.00 2,50,000.00 3,00,000.00 3,50,000.00 4,00,000.00 4,50,000.00 5,00,000.00

Closing balance 1,27,215.22 1,87,091.28 2,67,872.82 3,75,071.06 5,14,949.88 6,94,589.81 8,94,135.30

Secured Loans:

Term loan 8,54,589.06 7,48,137.28 6,29,367.02 4,96,852.81 3,49,004.21 1,84,046.74 0.00

TOTAL 9,81,804.28 9,35,228.56 8,97,239.84 8,71,923.87 8,63,954.09 8,78,636.55 8,94,135.30

PROPERTY & ASSETS

Fixed Assets:(WDV)

Opening balance - 9,00,000.00 8,10,000.00 7,29,000.00 6,56,100.00 5,90,490.00 5,31,441.00

Add: Additions 10,00,000.00 - - - - - -

10,00,000.00 9,00,000.00 8,10,000.00 7,29,000.00 6,56,100.00 5,90,490.00 5,31,441.00

Less: Depreciation 1,00,000.00 90,000.00 81,000.00 72,900.00 65,610.00 59,049.00 53,144.00

Closing balance 9,00,000.00 8,10,000.00 7,29,000.00 6,56,100.00 5,90,490.00 5,31,441.00 4,78,297.00

Current Assets

Other current assets 30,000.00 40,000.00 50,000.00 75,000.00 1,00,000.00 1,25,000.00 1,50,000.00

Cash in hand & Bank 51,804.28 85,228.56 1,18,239.84 1,40,823.87 1,73,464.09 2,22,195.55 2,65,838.30

TOTAL 9,81,804.28 9,35,228.56 8,97,239.84 8,71,923.87 8,63,954.09 8,78,636.55 8,94,135.30

 PROJECTED CASH FLOW STATEMENT

YEARS ₹
Invt I II III IV V VI VII

SOURCES

1. Net Profit before taxes with interest

added back but after depreciation 3,52,000.00 3,98,620.00 4,57,207.00 5,19,879.75 5,87,225.94 6,59,878.18 7,38,514.04

2. Capital Introduced 50,000.00 - - - - - 1.00 2.00

3. Depreciation 1,00,000.00 90,000.00 81,000.00 72,900.00 65,610.00 59,049.00 53,144.00

4. Term loan 9,50,000.00 - - - - - - -

Total(A) 10,00,000.00 4,52,000.00 4,88,620.00 5,38,207.00 5,92,779.75 6,52,835.94 7,18,928.18 7,91,660.04

USES
1. Investment in Fixed Assets & Working
capital 10,00,000.00

2. Increase in Current Assets 30,000.00 10,000.00 10,000.00 25,000.00 25,000.00 25,000.00 25,000.00

3. Decrease in Term Loan 95,410.94 1,06,451.78 1,18,770.26 1,32,514.21 1,47,848.60 1,64,957.47 1,84,046.74

4. Interest on Term Loan 99,784.78 88,743.94 76,425.46 62,681.51 47,347.12 30,238.25 11,149.56

5. Bank Charges 2,000.00 2,000.00 2,000.00 2,000.00 2,000.00 2,000.00 2,000.00

5. Drawings 1,75,000.00 2,50,000.00 3,00,000.00 3,50,000.00 4,00,000.00 4,50,000.00 5,00,000.00

6. Income tax - - - - - - 27,819.00

Total(B) 10,00,000.00 4,02,195.72 4,57,195.72 5,07,195.72 5,72,195.72 6,22,195.72 6,72,195.72 7,50,015.30

(C) OPENING BALANCE - 49,804.28 81,228.56 1,12,239.84 1,32,823.87 1,63,464.09 2,10,196.55

(D) NET SURPLUS (A-B) - 49,804.28 31,424.28 31,011.28 20,584.03 30,640.22 46,732.46 41,644.74

(E) CLOSING BALANCE - 49,804.28 81,228.56 1,12,239.84 1,32,823.87 1,63,464.09 2,10,196.55 2,51,841.30
 DEBT SERVICE COVERAGE RATIO

Years (₹)

I II III IV V VI VII

Net Profit after taxes 2,52,215.22 3,09,876.06 3,80,781.54 4,57,198.24 5,39,878.82 6,29,639.94 6,99,545.48

Depreciation 1,00,000.00 90,000.00 81,000.00 72,900.00 65,610.00 59,049.00 53,144.00

Interest on Term loan 99,784.78 88,743.94 76,425.46 62,681.51 47,347.12 30,238.25 11,149.56

Total(A) 4,52,000.00 4,88,620.00 5,38,207.00 5,92,779.75 6,52,835.94 7,18,927.18 7,63,839.04

Repayment of Term loan 95,410.94 1,06,451.78 1,18,770.26 1,32,514.21 1,47,848.60 1,64,957.47 1,84,046.74

Interest on Term loan 99,784.78 88,743.94 76,425.46 62,681.51 47,347.12 30,238.25 11,149.56

Total(B) 1,95,195.72 1,95,195.72 1,95,195.72 1,95,195.72 1,95,195.72 1,95,195.72 1,95,196.30

D.S.C. RATIO (A/B) 2.32 2.50 2.76 3.04 3.34 3.68 3.91

AVERAGE D.S.C. RATIO 3.08

DEPRECIATION SCHEDULE

YEARS ₹

Description of assets Cost Rate I II III IV V VI VII

MACHINERY & EQUIPMENTS 10,00,000.00 10% 1,00,000.00 90,000.00 81,000.00 72,900.00 65,610.00 59,049.00 53,144.00

10,00,000.00 1,00,000.00 90,000.00 81,000.00 72,900.00 65,610.00 59,049.00 53,144.00

TERM LOAN REPAYMENT AND INTEREST CALCULATION

Term Loan
₹ 9,50,000.00
Rate of Interest 11.00% (Monthly Compounded)
Repayment Schedule
EMI of ₹ 16,266.31

Years
I II III IV V VI VII

O/S at the beginning of the year 9,50,000 8,54,589 7,48,137 6,29,367 4,96,853 3,49,004 1,84,047

Repayment during the year 95,411 1,06,452 1,18,770 1,32,514 1,47,849 1,64,957 1,84,047

Interest calculated @ 11% 99,785 88,744 76,425 62,682 47,347 30,238 11,150

TOTAL REPAYMENTS 1,95,196 1,95,196 1,95,196 1,95,196 1,95,196 1,95,196 1,95,196

 Repayment Schedule
Balance Principal
1 9,50,000.00 7,557.98 8,708.33 16,266.31 9,42,442.02
2 9,42,442.02 7,627.26 8,639.05 16,266.31 9,34,814.77
3 9,34,814.77 7,697.17 8,569.14 16,266.31 9,27,117.59
4 9,27,117.59 7,767.73 8,498.58 16,266.31 9,19,349.86
5 9,19,349.86 7,838.94 8,427.37 16,266.31 9,11,510.92
6 9,11,510.92 7,910.79 8,355.52 16,266.31 9,03,600.13
7 9,03,600.13 7,983.31 8,283.00 16,266.31 8,95,616.82
8 8,95,616.82 8,056.49 8,209.82 16,266.31 8,87,560.33
9 8,87,560.33 8,130.34 8,135.97 16,266.31 8,79,429.99
10 8,79,429.99 8,204.87 8,061.44 16,266.31 8,71,225.12
11 8,71,225.12 8,280.08 7,986.23 16,266.31 8,62,945.04
12 8,62,945.04 8,355.98 7,910.33 16,266.31 8,54,589.06
95,410.94 99,784.78 1,95,195.72

13 8,54,589.06 8,432.58 7,833.73 16,266.31 8,46,156.49

14 8,46,156.49 8,509.88 7,756.43 16,266.31 8,37,646.61
15 8,37,646.61 8,587.88 7,678.43 16,266.31 8,29,058.73
16 8,29,058.73 8,666.61 7,599.70 16,266.31 8,20,392.12
17 8,20,392.12 8,746.05 7,520.26 16,266.31 8,11,646.07
18 8,11,646.07 8,826.22 7,440.09 16,266.31 8,02,819.85
19 8,02,819.85 8,907.13 7,359.18 16,266.31 7,93,912.72
20 7,93,912.72 8,988.78 7,277.53 16,266.31 7,84,923.95
21 7,84,923.95 9,071.17 7,195.14 16,266.31 7,75,852.77
22 7,75,852.77 9,154.33 7,111.98 16,266.31 7,66,698.45
23 7,66,698.45 9,238.24 7,028.07 16,266.31 7,57,460.21
24 7,57,460.21 9,322.92 6,943.39 16,266.31 7,48,137.28
1,06,451.78 88,743.94 1,95,195.72

25 7,48,137.28 9,408.38 6,857.93 16,266.31 7,38,728.90

26 7,38,728.90 9,494.63 6,771.68 16,266.31 7,29,234.27
27 7,29,234.27 9,581.66 6,684.65 16,266.31 7,19,652.61
28 7,19,652.61 9,669.49 6,596.82 16,266.31 7,09,983.11
29 7,09,983.11 9,758.13 6,508.18 16,266.31 7,00,224.98
30 7,00,224.98 9,847.58 6,418.73 16,266.31 6,90,377.40
31 6,90,377.40 9,937.85 6,328.46 16,266.31 6,80,439.55
32 6,80,439.55 10,028.95 6,237.36 16,266.31 6,70,410.60
33 6,70,410.60 10,120.88 6,145.43 16,266.31 6,60,289.72
34 6,60,289.72 10,213.65 6,052.66 16,266.31 6,50,076.07
35 6,50,076.07 10,307.28 5,959.03 16,266.31 6,39,768.79
36 6,39,768.79 10,401.76 5,864.55 16,266.31 6,29,367.02
1,18,770.26 76,425.46 1,95,195.72
37 6,29,367.02 10,497.11 5,769.20 16,266.31 6,18,869.91
38 6,18,869.91 10,593.34 5,672.97 16,266.31 6,08,276.58
39 6,08,276.58 10,690.44 5,575.87 16,266.31 5,97,586.14
40 5,97,586.14 10,788.44 5,477.87 16,266.31 5,86,797.70
41 5,86,797.70 10,887.33 5,378.98 16,266.31 5,75,910.37
42 5,75,910.37 10,987.13 5,279.18 16,266.31 5,64,923.24
43 5,64,923.24 11,087.85 5,178.46 16,266.31 5,53,835.39
44 5,53,835.39 11,189.49 5,076.82 16,266.31 5,42,645.90
45 5,42,645.90 11,292.06 4,974.25 16,266.31 5,31,353.85
46 5,31,353.85 11,395.57 4,870.74 16,266.31 5,19,958.28
47 5,19,958.28 11,500.03 4,766.28 16,266.31 5,08,458.25
48 5,08,458.25 11,605.44 4,660.87 16,266.31 4,96,852.81
1,32,514.21 62,681.51 1,95,195.72

49 4,96,852.81 11,711.83 4,554.48 16,266.31 4,85,140.99

50 4,85,140.99 11,819.18 4,447.13 16,266.31 4,73,321.80
51 4,73,321.80 11,927.53 4,338.78 16,266.31 4,61,394.28
52 4,61,394.28 12,036.86 4,229.45 16,266.31 4,49,357.41
53 4,49,357.41 12,147.20 4,119.11 16,266.31 4,37,210.21
54 4,37,210.21 12,258.55 4,007.76 16,266.31 4,24,951.66
55 4,24,951.66 12,370.92 3,895.39 16,266.31 4,12,580.74
56 4,12,580.74 12,484.32 3,781.99 16,266.31 4,00,096.42
57 4,00,096.42 12,598.76 3,667.55 16,266.31 3,87,497.66
58 3,87,497.66 12,714.25 3,552.06 16,266.31 3,74,783.42
59 3,74,783.42 12,830.80 3,435.51 16,266.31 3,61,952.62
60 3,61,952.62 12,948.41 3,317.90 16,266.31 3,49,004.21
1,47,848.60 47,347.12 1,95,195.72

61 3,49,004.21 13,067.10 3,199.21 16,266.31 3,35,937.10

62 3,35,937.10 13,186.89 3,079.42 16,266.31 3,22,750.22
63 3,22,750.22 13,307.77 2,958.54 16,266.31 3,09,442.45
64 3,09,442.45 13,429.75 2,836.56 16,266.31 2,96,012.70
65 2,96,012.70 13,552.86 2,713.45 16,266.31 2,82,459.84
66 2,82,459.84 13,677.09 2,589.22 16,266.31 2,68,782.74
67 2,68,782.74 13,802.47 2,463.84 16,266.31 2,54,980.27
68 2,54,980.27 13,928.99 2,337.32 16,266.31 2,41,051.28
69 2,41,051.28 14,056.67 2,209.64 16,266.31 2,26,994.61
70 2,26,994.61 14,185.53 2,080.78 16,266.31 2,12,809.08
71 2,12,809.08 14,315.56 1,950.75 16,266.31 1,98,493.52
72 1,98,493.52 14,446.79 1,819.52 16,266.31 1,84,046.74
1,64,957.47 30,238.25 1,95,195.72
73 1,84,046.74 14,579.21 1,687.10 16,266.31 1,69,467.52
74 1,69,467.52 14,712.86 1,553.45 16,266.31 1,54,754.67
75 1,54,754.67 14,847.73 1,418.58 16,266.31 1,39,906.94
76 1,39,906.94 14,983.83 1,282.48 16,266.31 1,24,923.11
77 1,24,923.11 15,121.18 1,145.13 16,266.31 1,09,801.93
78 1,09,801.93 15,259.79 1,006.52 16,266.31 94,542.14
79 94,542.14 15,399.67 866.64 16,266.31 79,142.46
80 79,142.46 15,540.84 725.47 16,266.31 63,601.62
81 63,601.62 15,683.30 583.01 16,266.31 47,918.33
82 47,918.33 15,827.06 439.25 16,266.31 32,091.27
83 32,091.27 15,972.14 294.17 16,266.31 16,119.13
84 16,119.13 16,119.13 147.76 16,266.31 -
1,84,046.74 11,149.56 1,95,195.72