I.

OPERATING STATEMENT (To be filled by the Dealing Group from Balance Sheet / Projections)

2021-22 2022-23 2023-24

I. PROFIT AND LOSS ACCOUNT
Projection Projection Projection
SALES:
1. Domestic Sales
- Lead Acid Battery Rickshaw 142,884,000.00 180,033,840.00 231,043,428.00
- Lithium Battery Rickshaw 26,460,000.00 33,339,600.00 42,785,820.00
GROSS SALES: 169,344,000.00 213,373,440.00 273,829,248.00
Less: GST @ 5% 8,064,000.00 10,160,640.00 13,039,488.00
Add: Other Operating Income - - -
NET SALES: 161,280,000.00 203,212,800.00 260,789,760.00
Increase in Net Sales (%) 26.00% 28.33%
COST OF SALES:
1. Chassis Body Purchased 27,750,000.00 34,020,000.00 43,659,000.00
2. Under Chassis Kit Puchased 37,000,000.00 45,360,000.00 58,212,000.00
3. Lead Acid Batteries Purchased 52,320,000.00 65,318,400.00 83,825,280.00
4. Lithium Batteries Purchased 14,800,000.00 18,144,000.00 23,284,800.00
5. Seats, Roof, Nut bolts etc 12,950,000.00 15,876,000.00 20,374,200.00
6. Lead Acid Battery Charger 5,820,600.00 7,266,672.00 9,325,800.00
7. Direct Labour 1,800,000.00 2,268,000.00 2,910,600.00
8. Rent 1,380,000.00 1,449,000.00 1,521,450.00
9. Electricity 360,000.00 378,000.00 396,900.00
SUB TOTAL: 154,180,600.00 190,080,072.00 243,510,030.00
Add: Opening Stock of Raw Material - 3,033,400.00 3,185,070.00
Less: Closing Stock of Raw Material 3,033,400.00 3,185,070.00 3,344,325.00
COST OF PRODUCTION: 151,147,200.00 189,928,402.00 243,350,775.00
COP as % of Gross Sales 89.25% 89.01% 88.87%
Add: Opening Stock of Finished Goods - - -
Less: Closing Stock of Finished Goods -
COST OF SALES: 151,147,200.00 189,928,402.00 243,350,775.00
Cost of Sales as % of Gross Sales 89.25% 89.01% 88.87%
Selling, General & Admn. Expenses:
A. Depreciation 147,700.00 114,045.00 90,188.25
B. Salary Expenses 960,000.00 1,008,000.00 1,058,400.00
C. Travelling & Conveyance Expenses 360,000.00 378,000.00 396,900.00
D. Insurance premium 21,416.00 22,486.80 23,611.14
E. Printing & Stationery Expenses 240,000.00 252,000.00 264,600.00
F. Warranty Expenses 769,500.00 969,480.00 969,480.00
G. Misc Expenses 600,000.00 630,000.00 661,500.00
H. Other Expenses 180,000.00 189,000.00 198,450.00
I. Office Expenses 120,000.00 126,000.00 132,300.00
PROFIT BEFORE INTT. & TAX (PBIT) 6,734,184.00 9,595,386.20 13,643,555.61
PBIT as % of Gross Sales 3.98% 4.50% 4.98%
Interest & Other Financial Charges 789,049.44 789,049.44 789,049.44
Intt. & Fin. Charges as % of Sales 0.47% 0.37% 0.29%
OP. PROFIT BEFORE TAX (OPBT) 5,945,134.56 8,806,336.76 12,854,506.17
OPBT as % of Gross Sales 3.51% 4.13% 4.69%
Add: Other Non-operative Income
1. Interest & Dividend - - -
2. Exchange Profit / Export Incentives - - -
3. Excess Provision Written Back - - -
4. Profit on Sale of Assets - - -
5. Sale of Scrap / other misc income - - -
SUB-TOTAL (INCOME) - - -
Less: Other Non-operating Expenses
1. Loss on Investment - - -
2. Loss on Forex - - -
3. Loss on Sale of Fixed Assets - - -
4. Bad Debts Written Off - - -
5. Miscellaneous Expenses Written Off - - -
SUB-TOTAL (EXPENSES) - - -
PROFIT BEFORE TAX / LOSS 5,945,134.56 8,806,336.76 12,854,506.17
Tax Paid 1,854,881.98 2,747,577.07 4,010,605.93

Deferred Tax Liability/(Deffered Tax Asset) - - -

Provision for Taxes - - -

NET PROFIT / LOSS (PAT) 4,090,252.58 6,058,759.69 8,843,900.24
PAT as % of Gross Sales 2.42% 2.84% 3.23%
Equity / Preference Dividend Paid:
1. Dividend paid - - -
2. Preference Dividend - - -
RETAINED PROFIT 4,090,252.58 6,058,759.69 8,843,900.24
 II. LIABILITIES (To be filled by the Dealing Group from Balance Sheet / Projections)
2021-22 2022-23 2023-24
II. BALANCE SHEET - LIABILITIES
Projection Projection Projection
CURRENT LIABILITIES (CL):
Short Term borrowings from banks (including bill
purchased/discounted)
1. from applicant bank (CC Limit) - - -
2. from other banks
(Out of Total Bank Borrowings - BP & BD) - - -
SUB-TOTAL - - -
1. Short Term Borrowings from others incl. CPs - - -
2. Sundry Creditors (Trade) - - -
3. Advance Payment from Customers / Deposit from
- - -
Dealers
4. Provision for Taxation - - -
5. Dividend payable - - -
6. Other Stat.Liabilities (due within 1 yr.) - - -
7. Instalments of TLs / Debentures / Pref.Shares / DPGs /
- - -
Deposits / Unsecured Loans etc. (due within 1 yr.)
8. Other CL & Provisions (due within one year) - - -
9. Interest accrued bot not due - - -
10. Dues to Directors - - -
11. Security Deposit - Suppliers & Contractors - - -
12. Other Current Liabilities - - -
SUB-TOTAL - - -
TOTAL CURRENT LIABILITIES - - -
TERM LIABILITIES
1. Debentures (not maturing within 1 yr.) - - -
2. Preference Shares (redeemable with residual tenor for
- - -
>1 yr. & <5 yrs.)

3. Term Loans (Excluding installments payable within 1 yr.)

4. Term Deposits (repayable after 1 yr.) - - -

5. Unsec.Loans (repayable after 1 yr.) 6,575,412.00 6,575,412.00 6,575,412.00
6. Mobilisation Adv. (repayable after 1 yr.) - - -
7. Sundry Creditors for Capital Goods - - -
8. Deferred Sales Tax - - -
9. Deferred Tax Liability - - -
10 - - -
TOTAL TERM LIABILITIES 6,575,412.00 6,575,412.00 6,575,412.00

1. Ordinary Share Capital - 4,090,252.58 10,149,012.27

2. Pref.Share Cap.(Residual tenor >5 yrs.) - - -
3. General Reserve - - -
4. Capital Reserve - - -
5. Surplus(+) or deficit(-) in P&L Account 4,090,252.58 6,058,759.69 8,843,900.24
6. Share Application Money - - -
7. Share Premium - - -
8. Capital Redemption Reserve - - -
9. Quasi Equity - - -
10. Less: Revaluation Reserve - - -
NET WORTH 4,090,252.58 10,149,012.27 18,992,912.51
TOTAL LIABILITIES 10,665,664.58 16,724,424.27 25,568,324.51
 III. ASSETS (To be filled by the Dealing Group from Balance Sheet / Projections)
2021-22 2022-23 2023-24
II. BALANCE SHEET - ASSETS
Projection Projection Projection
CURRENT ASSETS
Cash and Bank Balances 4,291,164.58 10,067,691.27 18,506,659.16
Short Term unencumbered Investments (Other than
- - -
Long Term)
1. Government and other securities - - -
2. Fixed Deposits with banks - - -
RECEIVABLES 940,800.00 1,185,408.00 1,521,273.60
3. Domestic Sales 940,800.00 1,185,408.00 1,521,273.60
4. Export Receivables (incl. contingent B/P & Discounted by
- - -
banks)
INVENTORY 3,033,400.00 3,185,070.00 3,344,325.00
7. Raw Material - Indigenous 3,033,400.00 3,185,070.00 3,344,325.00
8. Raw Material - Imported - - -
9. Consumables Spares - Indigenous - - -
10. Consumables Spares - Imported - - -
11. Stock in process - - -
12. Finished Goods - - -
13. Goods in Transit - - -
14. Closing Stock of Traded goods - - -
15 - - -
OTHER CURRENT ASSETS - - -
16. Deposits - - -
17. Duties & Taxes paid in Advance - - -
18. Others (receivables within 1 yr.) - - -
19. Advance to suppliers of Raw Material - - -
20 - - -
TOTAL CURRENT ASSETS 8,265,364.58 14,438,169.27 23,372,257.76
GROSS FIXED ASSETS (GFA) 818,000.00 670,300.00 556,255.00
1. Land - - -
2. Building - - -
3. Plant & Machinery 718,000.00 580,300.00 475,255.00
4. Furnitures & Fixtures 100,000.00 90,000.00 81,000.00
5. Other Fixed Assets
6. Capital Works in progress - - -
Less: Depreciation on FA 147,700.00 114,045.00 90,188.25
Less: Revaluation Reserves, if any - - -
NET BLOCK 670,300.00 556,255.00 466,066.75
NON CURRENT ASSETS
1. Investments in Subsidiary/Affiliates Cos. - - -
2. Other Investments - - -
3. Loans & Advances to Subsidiary / Affiliates / Associates
- - -
Companies
4. Advance to suppliers of Capital Goods / Contractors - - -
5. Deferred receivables (maturity >1 yr.) - - -
6. Margin money kept with banks. - - -
7. Debtors exceedings six months - - -
8. Long Term Deposits 230,000.00 230,000.00 230,000.00
9. Non-consumables stores & spares - - -

10. Other Non Current Assets including dues from directors - - -

TOTAL NON CURRENT ASSETS 230,000.00 230,000.00 230,000.00

Intangible Assets (deferred tax assets, patents, goodwill,
preliminary expenses, bad/doubtful expenses not provided 1,500,000.00 1,500,000.00 1,500,000.00
for, etc. to the extent not written off)
TOTAL ASSETS 10,665,664.58 16,724,424.27 25,568,324.51
TOTAL LIABILITIES less TOTAL ASSETS - - -
 IV. WORKING CAPITAL ASSESSMENT (Auto generated and hence not required to be filled)
2021-22 2022-23 2023-24
BUILD UP OF CURRENT ASSETS
Projection Projection Projection
Raw Material - Indigenous 3,033,400.00 3,185,070.00 3,344,325.00
Month's Consumption 1.31 1.12 0.92
Raw Material - Imported - - -
Month's Consumption - - -
Consumable Spares - Indigenous - - -
Month's Consumption - - -
Consumable Spares - Imported - - -
Month's Consumption - - -
Stock in Process - - -
Month's Cost of Production - - -
Finished Goods - - -
Month's Cost of Sales - - -
Receivables (Domestic) other than deferred & exports
940,800.00 1,185,408.00 1,521,273.60
(including bills purchased & discounted by banks)
Month's Domestic Sales 0.07 0.07 0.07
Export Receivables (including bills purchased & discounted
- - -
by banks)
Month's Export Sales - - -

2021-22 2022-23 2023-24

BUILD UP OF CURRENT LIABILITIES
Projection Projection Projection
Trade Ceditors - - -
Month's Trade Creditors - - -

2021-22 2022-23 2023-24

III. CALCUATION OF ASSESSED BANK FINANCE (ABF)
Projection Projection Projection
1. Total Current Assets 8,265,364.58 14,438,169.27 23,372,257.76
2. Other Current Liabilities (Other than Bank Borrowings &
- - -
TL Instalments due within one Year)
3. Working Capital Gap 8,265,364.58 14,438,169.27 23,372,257.76
4. Minimum stipulated Net Working Capital (NWC) (25% of
2,066,341.14 3,609,542.32 5,843,064.44
Total Current Assets excluding Export Receivables)
5. Actual / Projected NWC 8,265,364.58 14,438,169.27 23,372,257.76
6. Item 3 Minus Item 4 6,199,023.43 10,828,626.95 17,529,193.32
7. Item 3 Minus Item 5 - - -
8. MPBF (lower of 6 or 7 ) - - -
9. Excess borrowings representing Shortfall in NWC NIL NIL NIL
 V. SUMMARY OF FINANCIAL POSITION (Auto generated and hence not required to be filled)
2021-22 2022-23 2023-24
IV. STATEMENT OF FINANCIAL ANALYSIS
Projection Projection Projection
A. PROFILE ANALYSIS
Total Assets (Tangible) 9,165,664.58 15,224,424.27 24,068,324.51
Total Outside Liabilities (TOL) 6,575,412.00 6,575,412.00 6,575,412.00
Tangible Networth (TNW) 2,590,252.58 8,649,012.27 17,492,912.51
Net Sales 161,280,000.00 203,212,800.00 260,789,760.00
PBDIT 6,881,884.00 9,709,431.20 13,733,743.86
Operating Profits (OPBT) 5,945,134.56 8,806,336.76 12,854,506.17
Net Profit 4,090,252.58 6,058,759.69 8,843,900.24
Gross Cash Accruals 4,237,952.58 6,172,804.69 8,934,088.49
Term Liabilities to Gross Cash Accruals 1.55 1.07 0.74
Net Working Capital 8,265,364.58 14,438,169.27 23,372,257.76
% of NWC to Current Assets 1.00 1.00 1.00
Current Assets to Net Sales 0.05 0.07 0.09
B. LIQUIDITY ANALYSIS
Current Ratio - - -
Quick Ratio - - -
C. PROFITABILITY ANALYSIS
PBDIT/ Net Sales (%) 0.04 0.05 0.05
OPBT / Net Sales (%) 0.04 0.04 0.05
Net Profit/ Net Sales (%) 0.03 0.03 0.03
Return on Assets (%) 0.45 0.40 0.37
Retained Profits / Net Profits (%) 1.00 1.00 1.00
Return on Net Worth (%) 1.00 0.60 0.47
D. ACTIVITY ANALYSIS (IN DAYS)
Receivable Turnover - Export - - -
Inventory Turnover 6.54 5.45 4.46
Fixed Assets Turnover Ratio 240.61 365.32 559.55
E. GROWTH RATIOS
Net Sales Growth (%) 0.26 0.28
Net Profit Growth (%) 0.48 0.46
Net Worth Growth (%) 2.34 1.02
 VI. FUND FLOW STATEMENT (Auto generated and hence not required to be filled)
2021-22 2022-23 2023-24
V. FUNDS FLOW STATEMENT
Projection Projection Projection
Profit After Tax 6,058,759.69 8,843,900.24
Depreciation 114,045.00 90,188.25
Dividends - -
Funds From Operations - 6,172,804.69 8,934,088.49
Long Term Sources:
Change in Capital 4,090,252.58 6,058,759.69
Net Change in Reserve (4,090,252.58) (6,058,759.69)
Change in Term Loans - -
Total [Source(+) / Deficit(-)] - 6,172,804.69 8,934,088.49
Long Term Uses:
Net Change in Fixed Assets - -
Change in Other Non Current Assets (including
- -
Investments)

Change in Investments in Group Companies - -

Change in Intangibles - -
Contribution to Working Capital - 6,172,804.69 8,934,088.49
Short Term Uses
Change in Net Working Assets 396,278.00 495,120.60
Change in Other Current Assets - -
Short Term Sources
Change in Other Current Liabilities - -
Change in Bank Borrowings/Loans - -
- (396,278.00) (495,120.60)

Net Movement in Liquid Assets - 5,776,526.69 8,438,967.89

Change in cash 5,776,526.69 8,438,967.89
Change in Marketable Investments - -
Net Movement in Liquid Assets - 5,776,526.69 8,438,967.89
 VII. CASH FLOW STATEMENT (Auto generated and hence not required to be filled)
2021-22 2022-23 2023-24
VI. CASH FLOW STATEMENT
Projection Projection Projection
Operating Sector
Net Sales 203,212,800.00 260,789,760.00
Debtors (Trade) [Inc.(+)/Dec.(-)] 244,608.00 335,865.60
Cash From Sales 202,968,192.00 260,453,894.40
Costs- Interest & Finance Charges 789,049.44 789,049.44
Expenses on Stocks Purchases 185,985,072.00 238,681,080.00
Trade Creditors [Inc.(-)/Dec.(+)] - -
Manufacturing Expenses 4,095,000.00 4,828,950.00
Cash Cost of Sales 190,869,121.44 244,299,079.44
Cash from Asset Conversion Cycle 12,099,070.56 16,154,814.96
Selling, Gen. & Adm. Expenses 3,574,966.80 3,705,241.14
Advance Payments [Inc.(+)/Dec.(-)] - -
Advances Received [Inc.(-)/Dec.(+)] - -
Taxation 2,747,577.07 4,010,605.93
Dividends - -
Cash From Operations 5,776,526.69 8,438,967.89
Other Current Assets [Inc.(+)/Dec.(-)] - -
Other Current Liabilities [Inc.(-)/Dec.(+)] - -
Other Income / Expenses (Net) - -
Net Cash From Operations 5,776,526.69 8,438,967.89
Investment Sector
Capital Expenditure [Inc.(+)/Dec.(-)] - -
Investment in Group Companies [Inc.(+)/Dec.(-)] - -
Intangible / Other Term Assets [Inc.(+)/Dec.(-)] - -
Cash Before Funding 5,776,526.69 8,438,967.89
Financing Sector
Dues to Banks [Inc.(+)/Dec.(-)] - -
Short Term Debts [Inc.(+)/Dec.(-)] - -
Term Debts [Inc.(+)/Dec.(-)] - -
Equity [Inc.(+)/Dec.(-)] 4,090,252.58 6,058,759.69
Other Loans & Reserves [Inc.(+)/Dec.(-)] (4,090,252.58) (6,058,759.69)
Total - -
Movement in Cash Assets 5,776,526.69 8,438,967.89
Cash & Bank Balance [Inc.(+)/Dec.(-)] 5,776,526.69 8,438,967.89
Investments (Other Than Long Term) [Inc.(+)/Dec.(-)] - -
Movement in Cash Assets 5,776,526.69 8,438,967.89
 Calculation of Items of Operating Statement.
Value
S. No. Particular
2021-22 2022-23 2023-24
1 Sales:
Lead Acid Batteries Rickshaw:
No of Units Sold 1,620.00 1,944.00 2,376.00
Selling Price per unit (Including GST) 88,200.00 92,610.00 97,240.50
Total Sales ### ### ###

Lithium Battery Rickshaw:

No of Units Sold 180.00 216.00 264.00
Selling Price per unit (Including GST) 147,000.00 154,350.00 162,067.50
Total Sales 26,460,000.00 33,339,600.00 42,785,820.00

Gross Total Sales ### ### ###

2 Chassis Body Purchased:

Yearly Chassis Body Consumed 1,800.00 2,160.00 2,640.00
Opening Stock - 50.00 50.00
Closing Stock 50.00 50.00 50.00
Raw Material Purchased 1,850.00 2,160.00 2,640.00
Purchase Price per Unit 15,000.00 15,750.00 16,537.50
Value of Chassis Body purchased 27,750,000.00 34,020,000.00 43,659,000.00

3 Under Chassis Kit Purchased:

Yearly Under Chassis Kit Consumed 1,800.00 2,160.00 2,640.00
Opening Stock - 50.00 50.00
Closing Stock 50.00 50.00 50.00
Raw Material Purchased 1,850.00 2,160.00 2,640.00
Purchase Price per Unit 20,000.00 21,000.00 22,050.00
Value of Under Chassis Kit purchased 37,000,000.00 45,360,000.00 58,212,000.00

4 Lead Acid Batteries Purchased:

Yearly Consumed 1,620.00 1,944.00 2,376.00
Opening Stock - 15.00 15.00
Closing Stock 15.00 15.00 15.00
Raw Material Purchased 1,635.00 1,944.00 2,376.00
Purchase Price per Unit 32,000.00 33,600.00 35,280.00
Value of Lead Acid Batteries purchased 52,320,000.00 65,318,400.00 83,825,280.00

5 Lithium Batteries Purchased:

Yearly Consumed 180.00 216.00 264.00
Opening Stock - 5.00 5.00
Closing Stock 5.00 5.00 5.00
Raw Material Purchased 185.00 216.00 264.00
Purchase Price per Unit 80,000.00 84,000.00 88,200.00
Value of Lithium Batteries purchased 14,800,000.00 18,144,000.00 23,284,800.00
 6 Seats, Roof etc Purchased:
Yearly Consumed 1,800.00 2,160.00 2,640.00
Opening Stock - 50.00 50.00
Closing Stock 50.00 50.00 50.00
Raw Material Purchased 1,850.00 2,160.00 2,640.00
Purchase Price per Unit 7,000.00 7,350.00 7,717.50
Value of Lithium Batteries purchased 12,950,000.00 15,876,000.00 20,374,200.00

7 Lead Acid Battery charger Purchased:

Yearly Consumed 1,620.00 1,944.00 2,376.00
Opening Stock - 15.00 15.00
Closing Stock 15.00 15.00 15.00
Raw Material Purchased 1,635.00 1,944.00 2,376.00
Purchase Price per Unit 3,560.00 3,738.00 3,925.00
Value of Lithium Batteries purchased 5,820,600.00 7,266,672.00 9,325,800.00

Notes & Assumptions:

1 It is assumed that there are 5% increase in expenses in every year.
2 Direct labour is on contract basis. Cost of direct labour is 1000 Rs. Per unit in year 2021-22
and there is 5% increase in every year.
 750,000.00 787,500.00 826,875.00

1,000,000.00 1,050,000.00 1,102,500.00

480,000.00 504,000.00 529,200.00

400,000.00 420,000.00 441,000.00

 350,000.00 367,500.00 385,875.00

53,400.00 56,070.00 58,875.00

3,033,400.00 3,185,070.00 3,344,325.00

 FIXED ASSETS & DEPRECIATION THEREON (FY 2021-22)
Addition
Name of Assets Rate of Opening Addition upto after Deletion Total Depreciation Closing WDV as on
Depreciation Balance 30.09.2021 30.09.202 31.03.2022
1
Plant & Machinery
Air Conditioner 15% 35,000.00 35,000.00 5,250.00 29,750.00
CCTV Camera 15% 25,000.00 25,000.00 3,750.00 21,250.00
Printer 15% 18,000.00 18,000.00 2,700.00 15,300.00
Tools & Tackles 15% 500,000.00 500,000.00 75,000.00 425,000.00
LAN & Network 15% 20,000.00 20,000.00 3,000.00 17,000.00
Furnitue & Fixtures
Furniture & Fixture 10% 100,000.00 - - 100,000.00 10,000.00 90,000.00
Computer & IT
Computer 40% 120,000.00 - - 120,000.00 48,000.00 72,000.00
Total - 818,000.00 - - 818,000.00 147,700.00 670,300.00

FIXED ASSETS & DEPRECIATION THEREON (FY 2022-23)

Addition
Rate of Opening Addition upto after Closing WDV as on
Name of Assets Deletion Total Depreciation
Depreciation Balance 30.09.2022 30.09.202 31.03.2023
2
Plant & Machinery
Air Conditioner 15% 29,750.00 29,750.00 4,462.50 25,287.50
CCTV Camera 15% 21,250.00 21,250.00 3,187.50 18,062.50
Printer 15% 15,300.00 15,300.00 2,295.00 13,005.00
Tools & Tackles 15% 425,000.00 425,000.00 63,750.00 361,250.00
LAN & Network 15% 17,000.00 17,000.00 2,550.00 14,450.00
Furnitue & Fixtures
Furniture & Fixture 10% 90,000.00 - - 90,000.00 9,000.00 81,000.00
Computer & IT
Computer 40% 72,000.00 - - 72,000.00 28,800.00 43,200.00
Total 670,300.00 - - - 670,300.00 114,045.00 556,255.00
 FIXED ASSETS & DEPRECIATION THEREON ( FY 2023-24)
Addition
Name of Assets Rate of Opening Addition upto after Deletion Total Depreciation Closing WDV as on
Depreciation Balance 30.09.2023 30.09.202 31.03.2024
3
Plant & Machinery
Air Conditioner 15% 25,287.50 25,287.50 3,793.13 21,494.38
CCTV Camera 15% 18,062.50 18,062.50 2,709.38 15,353.13
Printer 15% 13,005.00 13,005.00 1,950.75 11,054.25
Tools & Tackles 15% 361,250.00 361,250.00 54,187.50 307,062.50
LAN & Network 15% 14,450.00 14,450.00 2,167.50 12,282.50
Furnitue & Fixtures
Furniture & Fixture 10% 81,000.00 - - 81,000.00 8,100.00 72,900.00
Computer & IT
Computer 40% 43,200.00 - - 43,200.00 17,280.00 25,920.00
Total 556,255.00 - - - 556,255.00 90,188.25 466,066.75
 Calculation of initial investment requirement
Particular Amount
Fixed Assets 818,000.00
Stock in hand
- Chassis Body Purchased 750,000.00
- Under Chassis Kit Puchased 1,000,000.00
- Lithium Batteries Purchased 400,000.00
- Seats, Roof, Nut bolts etc 350,000.00
- Lead Acid Battery Charger 53,400.00
- Lead Acid Batteries Purchased 480,000.00
GST on Stock in Hand 594,012.00
Cash in hand 200,000.00
License 1,500,000.00
Security deposit for rent 230,000.00
Contingencies 200,000.00

Total 6,575,412.00
 RATHI BARS LTD.

CALCULATION OF S.L.M. DEPRECIATION

(Rs. in Lacs)
Items Amount Add.durin Total Deprn. Deprn.
g 2009-10 rate % Amount

Land 39.21 0.00 39.21 0.00 0.00

Building 322.32 0.00 322.32 3.34 10.77

Plant & Machinery 2681.50 200.00 2881.50 4.75 136.87

Miscellaneous Fixed Assets 142.96 0.00 142.96 4.75 6.79

Capital Work in Progress 742.51 0.00 742.51 0.00

Total 3928.49 200.00 4128.49 154.43

ESTIMATION OF TAX PROVISION

(Rs. in Lacs)
PARTICULARS 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

Profit before Taxation #REF! #REF! #REF! #REF! #REF! #REF!

Mat 10.00% #REF! #REF! #REF! #REF! #REF! #REF!

Surcharge 10.00% #REF! #REF! #REF! #REF! #REF! #REF!
Cess 3.00% #REF! #REF! #REF! #REF! #REF! #REF!
Total #REF! #REF! #REF! #REF! #REF! #REF!

Provision for Tax #REF! #REF! #REF! #REF! #REF! #REF!

 Shrishti Alloys Pvt. Limited

Interest & Repayment Schedule

AMOUNT 1450.00 Lacs

(Rs. in Lacs)
Particulars Construc
tion 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20
Period

Ist Quarter

Opening Balance 0.00 1230.00 1230.00 988.33 746.67 505.00 263.33 21.67
Recd. during the Period 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Less: Quarterly Installment 0.00 0.00 60.42 60.42 60.42 60.42 60.42 21.67
Closing Balance 0.00 1230.00 1169.58 927.92 686.25 444.58 202.92 0.00
Quarterly Interest 0.00 44.59 44.59 35.83 27.07 18.31 9.55 0.79

IInd quarter

Opening Balance 0.00 1230.00 1169.58 927.92 686.25 444.58 202.92 0.00
Recd. during the Period 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Less: Quarterly Installment 0.00 0.00 60.42 60.42 60.42 60.42 60.42 0.00
Closing Balance 0.00 1230.00 1109.17 867.50 625.83 384.17 142.50 0.00
Quarterly Interest 0.00 44.59 42.40 33.64 24.88 16.12 7.36 0.00

IIIrd quarter

Opening Balance 0.00 1230.00 1109.17 867.50 625.83 384.17 142.50 0.00
Recd. during the Period 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Less: Quarterly Installment 0.00 0.00 60.42 60.42 60.42 60.42 60.42 0.00
Closing Balance 0.00 1230.00 1048.75 807.08 565.42 323.75 82.08 0.00
Quarterly Interest 0.00 44.59 40.21 31.45 22.69 13.93 5.17 0.00

IVth quarter

Opening Balance 0.00 1230.00 1048.75 807.08 565.42 323.75 82.08 0.00
Recd. during the Period 1230.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Less: Quarterly Installment 0.00 0.00 60.42 60.42 60.42 60.42 60.42 0.00
Closing Balance 1230.00 1230.00 988.33 746.67 505.00 263.33 21.67 0.00
Quarterly Interest 29.63 44.59 38.02 29.26 20.50 11.74 2.98 0.00

Total Disb. during the yr. 1230.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Total Repayment during the yr. 0.00 0.00 241.67 241.67 241.67 241.67 241.67 21.67

Total Interest during the year 29.63 178.36 165.22 130.18 95.14 60.10 25.06 0.79

Less:Int. during Cons. period 29.63

NET INTEREST 0.00 178.36 165.22 130.18 95.14 60.10 25.06 0.79

No. of Installments 24
Rate of Interest 14.50 % p.a.