Professional Documents
Culture Documents
M/s XYZ Industries: Unsecured Loan
M/s XYZ Industries: Unsecured Loan
M/s XYZ Industries: Unsecured Loan
1 Land 5.00
2 Building:
Factory Building 10.00
Auxilliary Building 2.00 12.00
3 Plant &Machinery 15.00
4 Misc.Fixed Assets 5.00
5 Electric Installation 10.00
6 Preoperative Expenses 2.00
7 Preliminary Expenses 1.00
8 Contingencies 4.95
9 Working capital Margin 5.05
Total 60.00
Means of Finance
S. No. Particulars
1 Own Capital:
Equity Capital 20.00
Unsecured Loan 0.00 20.00
2 Debts:
Term Loan 40.00 40.00
Total 60.00
Tangible
Assets
5.00
12.00
15.00
5.00
10.00
1.00
4.95 4.95 @10% on item 1 to 7
5.05
51.95
M/s XYZ Industries
ASSUMPTIONS:
1. Number of Working Days in a year 300
Capacity Utilisation 100% 60% 70% 80% 80% 80% 80% 80% 80%
Units (produced) 120000 72000 84000 96000 96000 96000 96000 96000 96000
Opening stock 0 3600 4200 4800 4800 4800 4800 4800
Closing Stock (15 days) 15 3600 4200 4800 4800 4800 4800 4800 4800
Units available fior sale 68400 83400 95400 96000 96000 96000 96000 96000
Sale Price Rs. per unit 210 210 210 210 210 210 210 210 210
Sales (Rs. In lakhs) 143.64 175.14 200.34 201.60 201.60 201.60 201.60 201.60
Meters
Opening Stock 0.00 14400 16800 19200 19200 19200 19200 19200
Add: Purchase 288000 336000 384000 384000 384000 384000 384000 384000
Less: Closing Stock 14400 16800 19200 19200 19200 19200 19200 19200
Consumption (in metres) 273600 333600 381600 384000 384000 384000 384000 384000
Consumption
Meters
Opening Stock 0.00 5.04 5.88 6.72 6.72 6.72 6.72 6.72
Add: Purchase 100.80 117.60 134.40 134.40 134.40 134.40 134.40 134.40
Less: Closing Stock 5.04 5.88 6.72 6.72 6.72 6.72 6.72 6.72
Consumption (in Rs. lakhs) 95.76 116.76 133.56 134.40 134.40 134.40 134.40 134.40
Production of Finished Goods 72000 84000 96000 96000 96000 96000 96000 96000
Prime Cost Per Unit 167 167 167 167 167 167 167 167
Closing stock of WIP Rs. In lakhs (2 Days) 0.80 0.94 1.07 1.07 1.07 1.07 1.07 1.07
Units produced Days 72000 84000 96000 96000 96000 96000 96000 96000
Cost of production 175 175 175 175 175 175 175 175
Closing stock of Finished Goods 15 6.30 7.35 8.40 8.40 8.40 8.40 8.40 8.40
(Rs. In lakhs)
Calculation of Wages
Other Direct Expenses 11 = Rs. 4000 per day for 400 garments = Rs. 10/ garment
Prime Cost 167
Add Administrative expenses 8
Cost of production 175
Selling expenses 8.4
Cost of sales 183.4
Profit 26.6
Selling price 210
Calculation of Depreciation
Depreciation is calculated according to WDV Method
Land
Particulars I II IV V VI VII VIII
III
Op Balance 0.00 5.00 5.00 5.00 5.00 5.00 5.00
Addition 5.00 0.00 5.00 0.00 0.00 0.00 0.00 0.00
Deduction 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Gross Block 5.00 5.00 0.00 5.00 5.00 5.00 5.00 5.00
Less: Dep 0.00 0.00 5.00 0.00 0.00 0.00 0.00 0.00
Net Block 5.00 5.00 0.00 5.00 5.00 5.00 5.00 5.00
Depreciation - % 0.00 0.00 5.00 0.00 0.00 0.00 0.00 0.00
Depreciation - Rs. 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Building 0.00
Particulars I II IV V VI VII VIII
III
Op Balance 0.00 17.71 15.99 15.19 14.43 13.71 13.02
Addition 18.64 0.00 16.83 0.00 0.00 0.00 0.00 0.00
Deduction 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Gross Block 18.64 17.71 0.00 15.99 15.19 14.43 13.71 13.02
Less: Dep 0.93 0.89 16.83 0.80 0.76 0.72 0.69 0.65
Net Block 17.71 16.83 0.84 15.19 14.43 13.71 13.02 12.37
Depreciation - % 5.00 5.00 15.99 5.00 5.00 5.00 5.00 5.00
Depreciation - Rs. 0.93 0.89 5.00 0.80 0.76 0.72 0.69 0.65
0.84
Plant & Machinery
Particulars I II IV V VI VII VIII
III
Op Balance 0.00 19.81 14.31 12.17 10.34 8.79 7.47
Addition 23.31 0.00 16.84 0.00 0.00 0.00 0.00 0.00
Deduction 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Gross Block 23.31 19.81 0.00 14.31 12.17 10.34 8.79 7.47
Less: Dep 3.50 2.97 16.84 2.15 1.82 1.55 1.32 1.12
Net Block 19.81 16.84 2.53 12.17 10.34 8.79 7.47 6.35
Depreciation - % 15.00 15.00 14.31 15.00 15.00 15.00 15.00 15.00
Depreciation - Rs. 3.50 2.97 15.00 2.15 1.82 1.55 1.32 1.12
2.53
Furniture & Fixtures
Particulars I II IV V VI VII VIII
III
Op Balance 0.00 4.50 3.65 3.28 2.95 2.66 2.39
Addition 5.00 0.00 4.05 0.00 0.00 0.00 0.00 0.00
Deduction 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Gross Block 5.00 4.50 0.00 3.65 3.28 2.95 2.66 2.39
Less: Dep 0.50 0.45 4.05 0.36 0.33 0.30 0.27 0.24
Net Block 4.50 4.05 0.41 3.28 2.95 2.66 2.39 2.15
Depreciation - % 10.00 10.00 3.65 10.00 10.00 10.00 10.00 10.00
Depreciation - Rs. 0.50 0.45 10.00 0.36 0.33 0.30 0.27 0.24
0.41
Total Dep. 4.93 4.31 3.31 2.91 2.57 2.27 2.01
Total Op. Balance 0.00 42.02 3.77 33.94 30.63 27.72 25.15 22.88
Total Additions 51.95 0.00 37.71 0.00 0.00 0.00 0.00 0.00
Closing Balance 47.02 42.71 0.00 35.63 32.72 30.15 27.88 25.87
38.94
Calculation of Creditors
Total Inventory
Raw Material 5.04 5.88 6.72 6.72 6.72 6.72 6.72
Work in Process 0.80 0.94 6.72 1.07 1.07 1.07 1.07 1.07
Finished Goods 6.30 7.35 1.07 8.40 8.40 8.40 8.40 8.40
Inventory 12.14 14.17 8.40 16.19 16.19 16.19 16.19 16.19
Add Debtors 8.98 10.95 16.19 12.60 12.60 12.60 12.60 12.60
Total Current Assets 21.12 25.11 12.52 28.79 28.79 28.79 28.79 28.79
Less Creditors 4.20 4.90 28.71 5.60 5.60 5.60 5.60 5.60
Working Capital 16.92 20.21 5.60 23.19 23.19 23.19 23.19 23.19
Margin for Working Capital 4.23 5.05 23.11 5.80 5.80 5.80 5.80 5.80
5.78
Working Capital Loan 12.69 15.16 17.39 17.39 17.39 17.39 17.39
17.33
Interest @ 12.5% 12.5% 1.59 1.89 2.17 2.17 2.17 2.17 2.17
2.17
TERM LOAN 40.00 LACS 3.0769231
12%
40
I I Half Year II Half Year Total
DSCR
I II III IV V VI VII VIII
Profit after taxes 9.73 9.51 12.32 12.62 13.42 14.59 15.32 16.02
Add Depreciation 4.93 4.31 3.77 3.31 2.91 2.57 2.27 2.01
Add expenses W/off 0.60 0.60 0.60 0.60 0.60 0.00 0.00 0.00
Add Interest on Loan 4.80 4.80 4.25 3.51 2.77 2.03 1.29 0.55
Total 20.06 19.22 20.94 20.04 19.70 19.19 18.88 18.58 156.62
Sales Revenue
Sales 143.64 175.14 200.34 201.60 201.60 201.60 201.60 201.60
Total Sales 143.64 175.14 200.34 201.6 201.6 201.6 201.6 201.6
Cost of Production :
Material consumption 95.76 116.76 133.56 134.40 134.40 134.40 134.40 134.40
Wages 7.20 8.40 9.60 9.60 9.60 9.60 9.60 9.60
Power & Fuel 4.32 5.04 5.76 5.76 5.76 5.76 5.76 5.76
Other direct expenses 7.92 9.24 10.56 10.56 10.56 10.56 10.56 10.56
Op.Stock of WIP - Rs. 0 0.80 0.94 1.07 1.07 1.07 1.07 1.07
Cl. Stock OF WIP- Rs. 0.80 0.94 1.07 1.07 1.07 1.07 1.07 1.07
Prime Cost 114.40 139.31 159.35 160.32 160.32 160.32 160.32 160.32
Administrative Expenses 5.76 6.72 7.68 7.68 7.68 7.68 7.68 7.68
Depreciation 4.93 4.31 3.77 3.31 2.91 2.57 2.27 2.01
Total Cost of Production 125.09 150.33 170.80 171.31 170.91 170.57 170.27 170.01
Cost of Goods Sold 118.79 149.28 169.75 171.31 170.91 170.57 170.27 170.01
Gross Profit 24.85 25.86 30.59 30.29 30.69 31.03 31.33 31.59
Selling & Distribution Exp. 6.05 7.06 8.06 8.06 8.06 8.06 8.06 8.06
Interest on Term Loan 4.80 4.80 4.25 3.51 2.77 2.03 1.29 0.55
Interest on Working Capital 1.59 1.89 2.17 2.17 2.17 2.17 2.17 2.17
Preliminary exp. Written off 0.60 0.60 0.60 0.60 0.60 0.00 0.00 0.00
Total Cost of Sales 131.82 163.63 184.83 185.66 184.52 182.84 181.80 180.80
ROE
Return on own capital
0.49
ROCE
Return on capital employed
0.16
PROJECTED BALANCE SHEET
(A) Opening Capital 20.00 29.74 39.25 51.57 64.19 77.61 92.20 107.52
Add: Profit/ (loss) 9.73 9.51 12.32 12.62 13.42 14.59 15.32 16.02
Closing Balance 29.74 39.25 51.57 64.19 77.61 92.20 107.52 123.54
(B) Term Loan 40.00 36.92 30.77 24.62 18.46 12.31 6.15 0.00
(C) Working Capital L 12.69 15.16 17.33 17.39 17.39 17.39 17.39 17.39
(E) Unsecured Loan 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
(F) Creditors 4.20 4.90 5.60 5.60 5.60 5.60 5.60 5.60
(G) Other Current Liab. 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
TOTAL LIABILITIE 86.63 96.23 105.27 111.80 119.06 127.50 136.67 146.53
ASSETS :
(A) Fixed Assets (Gross) 51.95 51.95 51.95 51.95 51.95 51.95 51.95 51.95
Less : Depreciation 4.93 9.24 13.01 16.32 19.23 21.80 24.07 26.08
Net Block 47.02 42.71 38.94 35.63 32.72 30.15 27.88 25.87
(B) Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
TOTAL ASSETS 86.63 96.23 105.27 111.80 119.06 127.50 136.67 146.53
the cash balance is availble for replacement of plant and machinerires and for expansion purposes.
CASH FLOW STATEMENT
(Rs. in Lakhs)
PARTICULARS
0 I II III IV V VI VII VIII
SOURCES OF FUNDS
Net Profit after Tax before , Dep. 0.00 15.26 14.42 16.69 16.53 16.93 17.16 17.59 18.03
Share Capital 20.00 20.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Term Loan 40.00 40.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Unsecured Loan 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Increase in WC Loan 12.69 2.47 2.17 0.06 0.00 0.00 0.00 0.00
TOTAL FUNDS AVAILABLE 60.00 87.95 16.89 18.87 16.59 16.93 17.16 17.59 18.03
APPLICATION OF FUNDS
Fixed Assets 51.95 51.95 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Pre-op Exp 3.00 3.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Incre.in Investment 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Incre.In Woking Capital 5.05 16.92 3.29 2.90 0.08 0.00 0.00 0.00 0.00
Repayment of Term Loan 0.00 3.08 6.15 6.15 6.15 6.15 6.15 6.15
TOTAL APPL. OF FUNDS 60.00 71.87 6.37 9.05 6.23 6.15 6.15 6.15 6.15
Opening Balance of Cash 0.00 16.08 26.61 36.42 46.78 57.55 68.56 80.00
Cash accrued during the year 16.08 10.52 9.81 10.36 10.77 11.01 11.44 11.88
Closing Balance of Cash 16.08 26.61 36.42 46.78 57.55 68.56 80.00 91.87
Assessment of Working Capital Requirements
A. CURRENT ASSETS
Stock-in-trade 12.14 14.17 16.19 16.19 16.19 16.19 16.19 16.19
Receivables 8.98 10.95 12.52 12.60 12.60 12.60 12.60 12.60
Advances 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Cash and Bank 16.08 26.61 36.42 46.78 57.55 68.56 80.00 91.87
Other current assets
Total current assets 37.20 51.72 65.13 75.57 86.34 97.35 108.79 120.66
B. Current Liabilities
Sundry creditors 4.20 4.90 5.60 5.60 5.60 5.60 5.60 5.60
Statutory liablities 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Other Current Liabilities 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Current Liabilities 4.20 4.90 5.60 5.60 5.60 5.60 5.60 5.60
Current Assets 37.20 51.72 65.13 75.57 86.34 97.35 108.79 120.66
Less - Current Liabilities(Exluding Bank fin) 4.20 4.90 5.60 5.60 5.60 5.60 5.60 5.60
Working Capital Gap 33.00 46.82 59.53 69.97 80.74 91.75 103.19 115.06
Less - 25% of Total Current Assets 9.30 12.93 16.28 18.89 21.59 24.34 27.20 30.17
Permissible Bank Finance 23.70 33.89 43.25 51.07 59.16 67.41 75.99 84.90
APPENDIX 17.11
Assessment of Working Capital Requirements
FORM II
OPERATING STATEMENT
Name - XYZ Industries
(Amount - Rs. In lacs)
As Per Profit & Loss AccountsActuals/estimates for the year ended/ending
I II III IV V
1. GROSS SALES
I)Gross Sales 143.64 175.14 200.34 201.60 201.60
Total 143.64 175.14 200.34 201.60 201.60
percentage rise
(+) or fall ( - )
in Receipts as compared to previous year
ii) OTHER INCOME
a. Duty draw back 0.00 0.00 0.00 0.00 0.00
b. Insurance Claim 0.00 0.00 0.00 0.00 0.00
c. Commission & Brokerage received 0.00 0.00 0.00 0.00 0.00
d. Sub total (a+b+c) 0.00 0.00 0.00 0.00 0.00
iii) Total (I) + (ii) 143.64 175.14 200.34 201.60 201.60
2. COST OF SALES
(I) Consumption 95.76 116.76 133.56 134.40 134.40
(ii) Other Trading Expenses
(Carrige Inword, Commission,
Brokerage on Purchases) 18.64 22.55 25.79 25.92 25.92
(iii) Sub Total (i+ii) 114.40 139.31 159.35 160.32 160.32
(iv) Add - Opening Stock 0.00 6.30 7.35 8.40 8.40
(v) Sub Total (iii+iv) 114.40 145.61 166.70 168.72 168.72
(vi) Less Closing Stock 6.30 7.35 8.40 8.40 8.40
(vii) Sub-Total (Total Cost of Sales)(v-vi) 108.10 138.26 158.30 160.32 160.32
3. SELLING GENERAL &
ADMINISTRATIVE EXPENSES
(Including Bonus Payment) 11.81 13.78 15.74 15.74 15.74
4. OPERATING PROFIT
(Before intrerst & Depreciation)
[1(iii) - 2 (vii) - 3 ] 23.73 23.11 26.30 25.54 25.54
5. INTEREST on working capital 1.59 1.89 2.17 2.17 2.17
on term loan 4.80 4.80 4.25 3.51 2.77
6. DEPRECIATION 4.93 4.31 3.77 3.31 2.91
7. OPERATING PROFIT
(after interest & depreciation)
(4-5-6) 12.42 12.11 16.11 16.54 17.68
8. (i) Add : Other non Operating Income 0.00 0.00 0.00 0.00 0.00
a.C & A Commission 0.00 0.00 0.00 0.00 0.00
b. Interest 0.00 0.00 0.00 0.00 0.00
c. Discount 0.00 0.00 0.00 0.00 0.00
d. Sub - Total (INCOME) 0.00 0.00 0.00 0.00 0.00
(ii) Less - Non operating Expenses 0.60 0.60 0.60 0.60 0.60
a. 0.00 0.00 0.00 0.00 0.00
b. 0.00 0.00 0.00 0.00 0.00
c. Sub - Total (EXPENSES) 0.00 0.00 0.00 0.00 0.00
(iii) Net of other Non operating 0.00 0.00 0.00 0.00 0.00
Income /expenses [Net of 0.00 0.00 0.00 0.00 0.00
8(I) & 8 (ii) 0.00 0.00 0.00 0.00 0.00
09. PROFIT/(LOSS) BEFORE TAX [7+8(iii)] 11.82 11.51 15.51 15.94 17.08
10. PROVISION FOR TAXES 2.09 1.99 3.19 3.32 3.66
11. NET PROFIT/(LOSS) (9-10) 9.73 9.51 12.32 12.62 13.42
12. (a) Equity Dividend paid ** 0.00 1.00 2.00 3.00 4.00
(b) Dividend Rate 0% 100% 200% 300% 400%
13. RETAINED PROFIT 9.73 8.51 10.32 9.62 9.42
14. RETAINED PROFIT/NET PROFIT 100% 89% 84% 76% 70%
( %AGE ) (13 - 11)
ADDITIONAL DATA
Break-up of Sales Turnover
(inclusiv of other income)
a. Domestic Sales
1st Quarter 0.00 0.00 0.00 0.00 0.00
2nd Quarter 0.00 0.00 0.00 0.00 0.00
3rd Quarter 0.00 0.00 0.00 0.00 0.00
4th Quarter 0.00 0.00 0.00 0.00 0.00
Sub Total 0.00 0.00 0.00 0.00 0.00
b. Expotr sales
1st Quarter 0.00 0.00 0.00 0.00 0.00
2nd Quarter 0.00 0.00 0.00 0.00 0.00
3rd Quarter 0.00 0.00 0.00 0.00 0.00
4th Quarter 0.00 0.00 0.00 0.00 0.00
Sub Total 0.00 0.00 0.00 0.00 0.00
Total (a + b)
[To agree with 1 (iii)] 0.00 0.00 0.00 0.00 0.00
APPENDIX 1/.IV
Assessment in working Capital Requirements
FORM - III
Analysis Of Balance Sheet
Name - XYZ Industries
(Amount - Rs. In lacs)
As Per Profit & Loss AccountsActuals/estimates for the year ended/ending
I II III IV V
CURRENT LIABILITIES
1. Short term borrowings from banks(incldg.
bills purchased, discounted & excess
borowings palace on repayment basis)
(a) from applicant bank (CC Limit) 12.69 15.16 17.33 17.39 17.39
Against Bank FDR 0.00 0.00 0.00 0.00 0.00
(b) from other banks 0.00 0.00 0.00 0.00 0.00
(c) ( of which BP & BD)
sub - total (A) 12.69 15.16 17.33 17.39 17.39
2. Short term borrowings from others 0.00 0.00 0.00 0.00 0.00
3. Sundry Creditors (Trade)
( month's purchases) 4.20 4.90 5.60 5.60 5.60
4. Advance payments from customers
/deposits from dealers 0.00 0.00 0.00 0.00 0.00
5. Provision for taxation 0.00 0.00 0.00 0.00 0.00
6. Dividend Payable 0.00 0.00 0.00 0.00 0.00
7. Other statutory liabilities
(due within one year) 0.00 0.00 0.00 0.00 0.00
8. Deposits/ Debentures/ Instalments
under term loan/ DPGs, etc.
(due within one year) 0.00 0.00 0.00 0.00 0.00
ADDITIONAL INFORMATION
(A) Arrears of Depreciation 0.00 0.00 0.00 0.00 0.00
(B) Contingent liabilities :
(a) Arrears of cumulative dividends)
(b) Gratuity liability not provided for 0.00 0.00 0.00 0.00 0.00
(c) Disputed excise/customs/tax
liabilities 0.00 0.00 0.00 0.00 0.00
(d) Bills accepted/guarantees extended
to accommodate associate/sister
concerns or other third parties 0.00 0.00 0.00 0.00 0.00
(e) Other liabilities not provided for 0.00 0.00 0.00 0.00 0.00
APPENDIX 1/.IV
Assessment in Working Capital Requirements
FORM - IV
Comparative Statement of Current Assets and Current Liabilities
Name - XYZ Industries
I II III IV V
A. CURRENT ASSETS
1) Stock-in-trade
(month's cost of sales) 12.14 14.17 16.19 16.19 16.19
2) Receivables other
then export and deferr
ed receivables (inclu-
ding bills purchased
and discounted by
bankers)
(month's domestics -
Sales) 8.98 10.95 12.52 12.60 12.60
3) Export receivable
(including bills purch-
ased and discounted)
(Month's export Sales) 0.00 0.00 0.00 0.00 0.00
4) Advances to supp-
liers of merchandies 0.00 0.00 0.00 0.00 0.00
5)Other current assets
(including cash &
Bank balances &
diferred receivables
due with in one year )
(specify major items) 16.08 26.61 36.42 46.78 57.55
6)Total current assets
(To agree with item 34
in From III) 37.20 51.72 65.13 75.57 86.34
B. Current Liabilities
(Other then bank
borrowings for working
capital )
7) Sundry creditors
(Trade)
(Month's Purchases) 4.20 4.90 5.60 5.60 5.60
8) Advance payments
from customers/
deposits from dealers 0.00 0.00 0.00 0.00 0.00
9) Statutory liablities 0.00 0.00 0.00 0.00 0.00
10) Other Current
liabilities (Specify
major items such as
short term borrowing,
unsecured loans,
dividend payable,
instalments of TL ,
DPG, Public deposits
debentures etc.) 0.00 0.00 0.00 0.00 0.00
11) Total
(To agree with sub-
total B-Form III) 4.20 4.90 5.60 5.60 5.60
4.20 4.90 5.60 5.60 5.60
APPENDIX 17.V
Assessment in Working Capital Requirements
FORM - V
Computation of Maximum Permissible Bank Finance for Working Capital
Name - XYZ Industries
I II III IV V
01. Total current Assets (34 of form III ) 37.20 51.72 65.13 75.57 86.34
02. Current Liabilities (2 to 9 of form III )
Other then bank borrowings) 4.20 4.90 5.60 5.60 5.60
03. Working Capital Gap (WCG) (1 - 2) 33.00 46.81 59.53 69.97 80.74
04. Min. stipulated Net Working Capital
25% of total current assets other then
Export Receivables
[ as at 28 (ii) of form III] 9.30 12.93 16.28 18.89 21.59
05. Actual/projected net working capital
(45 of form III) 20.31 31.66 42.20 52.57 63.35
06. Item 3 minus item 4 23.70 33.88 43.25 51.07 59.16
07. Item 3 minus item 5 12.69 15.16 17.33 17.39 17.39
08. Maximum permissible bank finance
(Item 6 or 7, which ever is lower) 12.69 15.16 17.33 17.39 17.39
09.Excess borrowings, if any representing
shortfall in NWC (4 - 5) 0.00 0.00 0.00 0.00 0.00
APPENDIX 17.VI
Assessment in Working Capital Requirements
FORM - VI
I II III IV V
1. Sources
a) Net Profit (after tax) 9.73 9.51 12.32 12.62 13.42
b) Depreciation 4.93 4.31 3.77 3.31 2.91
c) Increase in capital 20.00 0.00 0.00 0.00 0.00
d) Increase in term Liabilities (Includings Public
deposits) 40.00 0.00 0.00 0.00 0.00
e) Decrease in
I) Fixed Assets 0.00 0.00 0.00 0.00 0.00
ii) Other non-current assets 0.60 0.60 0.60 0.60 0.60
f) Others
g) Total 75.26 14.42 16.69 16.53 16.93
2. Uses
a) Net Loss 0.00 0.00 0.00 0.00 0.00
b) Decrease in Term Liabilities
(including public deposits) 0.00 3.08 6.15 6.15 6.15
c) Increase in :
I) Fixed Assets 51.95 0.00 0.00 0.00 0.00
ii) Other non-current assets 3.00 0.00 0.00 0.00 0.00
d) Dividend payments 0.00 0.00 0.00 0.00 0.00
e) Others 0.00 0.00 0.00 0.00 0.00
f) Total 54.95 3.08 6.15 6.15 6.15
3. Long Tern Surplus (+)/Deficit ( - ) (1 - 2) 20.31 11.34 10.54 10.38 10.77
4. Increase/decrease in current assets
*(as per details given below) 37.20 14.51 13.41 10.44 10.77
5. Increase/decrease in current liabilities
Other then bank borrowings 4.20 0.70 0.70 0.00 0.00
6. Increase/decrease in working capital gap 33.00 13.81 12.72 10.44 10.77
7. Net Surplus ( + )/deficit 9 ( - )
(Difference of 3 & 6 ) -12.69 -2.47 -2.17 -0.06 0.00
8. Increase/decrease in Bank borrowings 12.69 2.47 2.17 0.06 0.00
INCREASE/DECREASE IN NET SALES
I). Increase/decrease in stock-in-trade 0.00 0.00 2.02 2.02 0.00
ii). Increase/decrease in Receivables
(a) Domestic 0.00 0.00 1.97 1.58 0.08
(b) Exports
APPENDIX 17.1
FORM - I
Particular of the Existing/Proposed Limits from the Banking System
(Limits from all Banks & Financial Institutions as on date of application)
S. No. Name of Bank/ Nature of Exisiting Extent to which limits Balance Limits now
Financial Institution facility Limits were utilised during Out Standing requested
the last 12 Months As on date
Max. Min.
ANNEXURE TO FORM 1
INFORMATION ON ASSOCIATE COMPANIES
S.No. Name of Line of Annual Limits from all Banks and Financial Institutions
the asso- Activity make up
ciates co. of account Name of Working Capital Term DGP Over
(Date of Banks/ loan dues
Balance Financial Fund Non fund if any
Sheet) Institutions base base
1 2 3 4 5 6 7 8 9 10