1.1. Introduction of The Study

FUND FLOW ANALYSIS
1.1. INTRODUCTION OF THE STUDY
Finance is the lifeblood of every business activity without which the wheels of
modern business organization system cannot be greased. Finance management is
managerial activity, which is concerned with planning and controlling of the firms
financial Resources. Finance is a scarce resource and it has to be managed efficiency
for the successful functioning of any company. Several companies have come to grief
mainly because of inefficient management of finance, in spite of other favorable
conditions.
Funds flow statement is an important tool and is widely used in the hands of
financial analysts and managers for analyzing the financial management of a
company. Funds keep on moving in a business, which itself based on going concern
concept. In a narrow sense, it means inflow and out flow of
Cash only and a flow statement prepared on this basis is called as cash flow
statement. Such a statement enumerates net effects of the various business
transactions on cash and takes into account receipts and disbursement of cash. In a
broader sense, the term fund refers to money values in whatever form it may exists.
Here, funds mean. All financial resources. But in a popular sense, the term funds
means working capital i.e., excess of current assets over current Liabilities. The word
fund here means net working capital.
Definition:
A statement of sources and Application of Funds is a technical device
designed to analyze the changes in the financial condition of a business enterprise
between two dates.
---R.A.Foulk
Dept. of MBA BIT SCHOOL OF MANAGEMENT

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FUND FLOW ANALYSIS
1.2. INDUSTRY PROFILE
MONARCH GROUP OF COMPANIES
Monarch Group of Companies and having its reputed name in construction

industry for Concrete Delivery Pipe Line and also in Pipe Fitting industry in export
market. Monarch offers wide range of pipe, flanges, pipe products, ERW tubes, pipe
fittings, Concrete Delivery Pipe Line in mix and match sizes, type and grade of
material of construction of virtually all the applications. Everything which one could
possibly need, from an expert partner, backed by world class quality products. Our
products find wide acceptance in diverse industries such as chemicals,
petrochemicals, infrastructure, engineering etc. due to quality control. Due to rapid
industrialisation, steel, is becoming an expensive and scarce commodity. Due to the
versatility of steel as a material of construction, structural engineers are always
looking for ways of more efficient design to reduce the quantity of steel required. For
fabricated structures, cold formed square and rectangular tubular sections
manufactured, form an appropriate cost efficient alternative to conventional hot rolled
sections such as angles, beams and channels.
We are in the field of plastic piping business since 26 years And having own
manufacturing plant since 1989 and product bearing ISI mark since 1991.
EXPORT OF PLASTICS GOOD:
Plastics have excellent potentialities. Our country is equipped with all kind of
processing machinery and skilled labor and undoable, and extra to boost export,
finished plastics products will yield rich divided. ]
Today India exports plastic products to as many as 80 countries all over the
world. The exports, which were stagnant at around rest. 60-70 cores per annum
double to 129 craters. The Plastic industry has taken up the challenge of achieving an
export target of Rs. 17 cores.

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FUND FLOW ANALYSIS
Major export markets for plastic products and linoleum are Australia,
Bangladesh, Canada, Egypt, Hong Kong, Italy, Kuwait, Federal Republic of Germany,
Sri Lanka, Sweden, Taiwan, U.K., U.S.A., and Russia.
With view to boosting the export, the plastics and linoleums export promotion
council has urged the government to reduce import duty of plastic raw material,
supply indigenous raw materials at international prices, fix duty, draw backs on
weighted average basis and charge freight rate on plastic products on weights basis
instead of volume basis.
Prospects:
The Production of various plastics a raw materials in the country is expected

to double by the end of seventh plan, the consumption of commodity plastics
including LDPE, HDPE, PP, PS AND PVC is immense scope for the use of plastics in
agriculture, electronics, automobile, telecommunications and irrigation and thus, the
plastic industry is on the threshold of an explosive growth.
Role of Plastics in the national economy:
Plastics are got perceived as just simple colorful household products in the
mind so common person. A dominant part of the plastics of the percent and future find
their utilization in the areas.
Agriculture, forestry and water-management.

Automobile and transportation
Electronics and telecommunications buildings, construction and.
Food processing and packaging
Power and gas distributor.

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FUND FLOW ANALYSIS
Importance of pipes industry:
We shall look at the basic data about plastics and particularly those properties,
which are so, fuse in practical working with plastics. Plastics are man-made materials.
The oldest raw material for producing plastics is carbonaceous material obtained from
coal tar (benzene, phenol).
Today the majority of raw materials are obtained from petrol chemical source
and they can be economically produced in large quantities.
Plastics have changed our world and day-by-day they are becoming important.
They own their success to whole series of advantage, which they have over
conventional materials such as:
Lightweight
Excellent mould ability
Attractive colors
Low energy requirements for convention
Low labor and cost of manufacture
Low maintenance & High strength weight ratio

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FUND FLOW ANALYSIS
1.3. PROFILE OF THE COMPANY

Rayalaseema is economically backward area in Andhra Pradesh, was rare field
region for industries. A dynamic entrepreneur Sri S.P.Y. Reddy who is basically a
mechanical engineer started a unit at Nandyal, which manufactures black pipes in
1977. The determination and hard work of Sri S.P.Y. Reddy helped him to overcome
the problems faced by the company in the initial years, and with financial assistance
from local commercial banks. The company could overcome the problems of the
merger and is running smoothly.
Later the company started manufacturing of PVC Pipes, which terminated the
manufacturing of black pipes. This resulted in the formation of a pvt. Ltd. company
called SUJALA PIPES PVT LTD. With Sri S.P.Y. Reddy as the managing director.
SIZES:
Various sizes ranging from to 10 offered to customers. Even pipes with

different gauges and sizes are manufactured to suit specific conditions.
COVERAGE:
At present Andhra Pradesh, parts of southern states of Karnataka, Tamilnadu

and kerela are ambit of ANANTHA PVC PIPES PVT LTD. The company extended
their sales in the below regions as shown below.
1979 - Nandyal region (polyphone pipes)

1984-85 - Rayalaseema region (PVC pipes)
1985-86 - Telangana region
1986-87 - Karnataka and Andhra Pradesh
1988-94 - Tamilnadu and Karnataka
1991-94 - Kerela

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FUND FLOW ANALYSIS
TRANSPORTATION:
The transportation department of ANANTHA PVC PIPES PVT LTD. is very

admirable. This unique strength of the organization enables the dealers to reduce
inventory levels to the minimum. Thus dealers are also supplemented with dealers to
reduce inventory levels to the minimum. Thus dealers are also supplemented with the
benefit of the lower tied-up capital in the form of inventory.

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FUND FLOW ANALYSIS
ABOUT THE COMPANY
The company is equipped with sophisticated laboratory to carry all tests to

ascertain out going quality level of the pipes. A ANANTHA pipe has got I.S.I
trademark, which speaks for itself for the quality of the pipes. Numbers of statistical
quality control techniques are applied to sustain the quality level of the product.
Managers at the company are dynamic and are well educated. it is facilitated
with good communication networks, which includes telex, fax machine, and Internet.
Company has also got the support of electronic data processing.
The companys major strength is considered to be transportation vehicles; a unique
cash outflow justifies itself by providing good reputation of the company through
improved customer service.
FINANCIAL DEPARTMENT:
Through initially the company approached the external sources for financial
aid, now the financial status of the company is the very sound and is being run only
with self-finance excepting for loans taken for hypothecation of machinery and stock
from SBI Anantapur.
the company follows cash and carry policy for Anantha brand. The product is
not delivered until the cash is paid and financial department with the help of
marketing department looks after these transactions.
MARKETING DEPARTMENT:
Marketing manager who reports to executive director, an assistant marketing

manager who reports and 20 salesmen headed by 30 sales representatives who are
headed by assistant marketing manager heads the marketing department. Marketing
mix and advertising particulars of ANANTHA PVC PIPES PVT LTD. shows the
departments effective management of the marketing department in the Organization.

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FUND FLOW ANALYSIS
HUMAN RESOURCE DEPARTMENT:
The personal department consists the details of the executives and workers of
the organization. The organization is formed with Sri S.P.Y Reddy as the Managing
director and executive director who reports managing director. Two marketing
managers, financial manager, public relations officer and quality control officer who
all reports to executive director. Other than executives there are thousand works in the
organization.
PURCHASING DEPARTMENT:
The perplexing situation i.e. conformed by the manufacturers of the PVC

pipes is scarcity of resin. Though the Govt of India has taken various steps to improve
supply conditions of PVC resin; the Indian manufacturers could meet only 50 percent
of demand and remaining 50 percent is met from imports.
The Major Petrochemical Companies Are:

Sri ram vinyl ltd.,
Chem.-plats ltd.,
Reliance petrochemical ltd.
National organic chemical industries ltd.
Indian petrochemical industries ltd.
APPLICATIONS OF UPVC PIPES:
Agriculture and irrigation schemes.

Rural & urban water supplies scheme.
Tube well casing.
Gas and oil supply lines.
Industrial effluent disposal.
Sewerage and drainage scheme.
Air-condition ducting.
Building installations.
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FUND FLOW ANALYSIS
Industrial ducting.
GROWTH:
ANANTHA PVC PIPES PVT LTD.. is commission with the objectives of

catering to the agriculture needs of the region. In earlier days tool used for water flow
were every ineffective with high percentage of seepage losses. To counter this has
been of ANANTHA PVC PIPES PVT LTD. the manor irritants in agriculture
practices like lack of rain fall, ground water licking.
Water transport with in the fields has provided magnificent thrust to PVC
pipes market. These factors helped ANANTHA PVC PIPES PVT LTD. to record an
excellent growth of sales. Well-equipped laboratory and quality office looks after the
quality. The department people always striving to the quality.
The companies not only improving the brand name but also it are undertaking
the competitor brands. In 1977 the company takeover the sager brand. The
manufacturing plant of sager brand was at Medak district. The Anantha PVC Pipes
Company not stopped with that victory; the company takes over another main
competitors brand Anantha in 1999, the manufacturing plant of Anantha plant lies at
Anantapur district. The threats of the old companies are turned to the opportunities to
the company by its excellent management. After the change of management the brand
image of these brands are improved. At present ANANTHA PVC PIPES PVT LTD.
Ltd. stands at market leader position.
PRODUCT PROFILE
MONARCH GROUP OF PRODUCTS:
Anantha PVC products

monarch special blue casing pipes
monarch electrical PVC pipes
monarch S.W.R. pipes
monarch i submersible pipes

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FUND FLOW ANALYSIS
Srikanth water containers

monarch flex pipes
monarch garden tubes
monarch krishi pipes
monarch LDPE pipes
monarch HDPE pipes
monarch drip irrigation pipes
Mahanandi SWR fifing
S.P.Y. REDDY Educational institutions
Can be manufactured using a wide range of color.
LOWER/COMPARABLE PRICES:
RAW MATERIALS AND CHEMICALS:-
The important raw materials in manufacturing of PVC
Resin (poly vinyl chloride)
TBLS (di basic soleplate)
DBLS (di basic lead sulphate)
CS (calcium steareate)
LS (lead stearate)
SA (steric acid)
Titanium
Activated calcium carbonate
Carbon black color
Hydrocarbon wax
ANANTHA PVC PIPES which is perceived to be the product of ENDURING
QUALITY THROUGH GENERATION which is the punch line of the brand. The
product quality is to ISI standard IS:4985:2000.
MANUFACTURERS : PVC PIPES, PLASTIC PIPE
a) PVC PIPE 20mm to 400mm and Pipe & Pipe Fittings

b) HDPE 20mm to 1000mm and Pipe & Pipe Fittings
c) CPVC 1/2" to 4" Pipe & Pipe Fittings

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FUND FLOW ANALYSIS
d) UPVC 1/2" to 6" Pipe & Pipe Fittings
1.4. COMPANY HISTORY
Many of you have expressed a curiosity about the historical development of

PVC pipe. In response to your requests, we provide you with this brief early history of
PVC pipe and fittings.
PVC was discovered as early as 1835, but the first definite report of the
polymerization of vinyl chloride did not come until about 35 years later. At that time,
the material was reported to be an off-white solid that could be heated to 130 degrees
C without degradation.
PVC remained a laboratory curiosity for many years, probably because of its
intractable nature. The polymer was inert to most chemicals and very tough (strong).
These properties eventually led scientists to consider PVC for applications where
durability and toughness were desirable.
In 1912 the first industrial developments were initiated in Germany.
Throughout the 1920s, attempts were made to use PVC copolymers that easier to
process than PVC. These early attempts were only marginally successful.
By 1932, the first tubes made from a PVC copolymer were produced. Nearly
three years later the first PVC pipes were produced using a roll mill and hydraulic
extruder. This two step process involved melting the PVC powder on a roll mill and
rolling the sheet produced up to a billet. The PVC could then be processed in a
discontinuously working ram extruder to make pipe. This process was adapted from
that used for celluloid and was really ill-fitted for PVC. As a result, the products were
often of dubious quality.
Never-the-less, these early PVC pipes were deemed suitable for drinking water
supply piping and waste water piping because of their chemical resistance, lack of
taste or odor and smooth interior surface. From 1936 to 1939 over 400 residences
were installed with PVC drinking water and waste pipelines in central Germany.
Various test pipelines of PVC were laid in Leipzig, Dresden, Magdeburg, Berlin,
Hamburg, Cologne, Heidelberg and Wiesbaden during the period of 1936 to 1941.

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FUND FLOW ANALYSIS
Both the pipelines for chemicals and those for water supply and waste water
came up to expectations, as did the test pipelines in the cities mentioned above, apart
from damage caused by World War II. The PVC pipes installed in central Germany
are still in use today without any major problems.
In retrospect, these first PVC pipes had been made before their time, before
the material compounds and machines for their manufacture had been perfected. It
was not until 1950 that the systematic development of extrusion technology began.
Prior to this, the manufacture of PVC pipe remained makeshift and the use of PVC
pipes did not become widespread.
The 1950s and 1960s were decades of dramatic advances for PVC pipe and
fittings technology. Encouraged by the results obtained from primitive pre-war PVC
pipelines, several European and American companies realized the enormous potential
for PVC pipes. These companies pursued the technology, both in formulation and
processing. Systematic research and trials were successful in the development of
effective stabilizers, lubricants and processing aids, together with processing
machinery engineered specifically for PVC. During this time period, PVC pipe began
competing with traditional products in a number of major markets, such as: gas
distribution; sewer and drainage; water distribution; electrical conduit; chemical
processing; and drain, waste and vent piping.
(Reprinted with the permission of the Uni-Bell PVC Pipe Association)

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FUND FLOW ANALYSIS
STEP BY STEP COMPANYS GROWTH
Sujala pipes Pvt.Ltd is commission with the objectives of catering to the

agriculture needs of the region. In earlier days tool used for water flow were every
ineffective with high percentage of seepage losses. To counter this has been of Sujala
pipes Pvt. Ltd., .
the manor irritants in agriculture practices like lack of rain fall ground water licking.
Water transport with in the fields has provided magnified thrust to PVC pipes
market. These factors helped Sujala pipes Pvt.Ltd., to record an excellent growth of
sales. Well-equipped laboratory and quality office looks after the quality. The
department people always striving to the quality.
The companies not only improving the brand name but also it are undertaking the
competitor brands. In 1977 the company takeover the sagar brand. The
manufacturing plant of sager brand was at medak district. The Sujala pipes company
not stopped with that victory, the company takes over another main competitors
brand monarch in 1999, the manufacturing plan t of monarch plant lies at Anantapur
district. The threats of the old companies are turned to the opportunities to the
company by its excellent management. After the change of management of brand
image of these brands are improved. At present Sujala pipes Pvt.Ltd. stands at market
leader position provided magnified thrust to PVC pipes market. These factor helped
Sujala pipes Pvt.Ltd., To record an excellent growth of sales well-equipped laboratory
and quality control office looks after the quality. The department people always
striving to improve the quality.

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FUND FLOW ANALYSIS
The companies not only improving the brand name but also it are undertaking
the competitor brand. In 1977 the takeover the sugar brand. The manufacturing plant
of Sagar brand was at Medak district. The Sujala pipes company not stopped with
that victory, the company takeover another main competitors brand monarch in 1999.
The manufacturing plant of Monarch plant lies at Anantapur district. The threads of
the old companies are termed to opportunities to the company by its excellent
management. After the change of management the brand image of the brands are
improved. At present Sujala pipes Pvt.Ltd. stand set-mark teller position.
2.1. THEORITICAL BACKGROUND
It is intended to present an overall view of funds flow statement. Is also

presents the concept of funds flow statement its uses, importance and significance in
detail.
Financial information. Financial information is needed to predict, compare and
evaluate the firms earnings ability. It is also required to and in economic decisions
making investment and financing decision-making. The financial information of an
enterprise is contained in the financial statement or ac
INTRODUCTION: -
The basis for financial planning, analysis and decision-making is the counting
reports. Two basics financial statements prepared for the purpose of external
reporting to owners, investors and creditors are; balance sheet \annual report
\statement of financial position & profit and loss account \income statement)
The Balance sheet:-
The Balance sheet shows the financial condition or the state of affairs of a firm
at a particular point of time. More specifically the Balance sheet contains detailed
information about the firms Assets and Liabilities. Assets represents economic
resources possessed by the firm while the liabilities are the amounts payable by the

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FUND FLOW ANALYSIS
firm. The Balance sheet gives concise summary of firm resources and obligations and
measures the firms liquidity and solvency.
Profit and Loss Accounts:

The profit and Loss A\c shows the profitability of the firm by giving details
about income and expenses. It is simply income and expenditure account. Revenues
are benefits, which customers contribute to the firm in exchange of goods and
services. The cost of economics resources used in providing goods and services to the
customer are called expenses. Profit and Loss Account provides a concise summary of
firms revenues and expenses during the period of time and measures its profitability.
The above two statements provide useful information regarding the operations
of the firm. They fail to explain the financial data required for financing and investing
decisions by the management i e causes for changes in Assets and Liabilities and
Owners equities. They do not indicate the movement of funds between Sources and
uses from the end of the period to the end of next periods. It is therefore, necessary to
prepare an additional called Funds Flow Statements to overcome the above
difficulties.
Funds flow Statements:-

The statement showing the sources and Application of the funds known as
Funds Flow Statement. It is a condensed report of the how the financial resources
have been used during the periods covered by the statement as it summarizes the
financial activities for period of time.

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FUND FLOW ANALYSIS
2.2. USES, SIGNIGNIFICANCE AND IMPORTANCE OF

FUNDS FLOWSTATEMENTS:-
Analysis of Financial Operation:-

A Funds Flow Statement shows how the resources have been obtained and the
uses to which they are put.
The funds statements determining the financial consequences of business
operation. It also useful ion guiding whether the firm has expanded at too fast rate and
whether financing is strained, it also point out to the effectiveness with which the
management has handled working during the period under review.
Evaluation of the firms:-

This statement can consist the financial manager in planning intermediate and
long-term finance for obtaining sources in the further and determining how they are to
be used. That is analysis of the major sources of funds in the past reveals what
positions of the firms growth was financed internally and what position externally.
Comparison with the budget:-

The statement defines the past flow of funds and gives insight in to the
evolution of the present situation. It provides certain useful information about the
firms. Financial policies to the outside world like bankers, government, etc;
Funds Flow statement is becoming popular with; the management because it
helps to explain why in spite of earning sizable amount of profits, the company is
experiencing difficulty in making payments to creditors, the rate of dividend on
equity; shares can not be increased and the bank balance is getting thinner.
The Funds flow Statements has an analytical value and is an important
planning tool. It helps in guiding the destiny of the business by enabling the
executives to visualize the movements of funds that constantly takes place.
This statement also helpful in working capital requirements. It highlights the future
need for funds and provides sample time to work out suitable arrangements. The
funds flow statement shows what portion externally.

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FUND FLOW ANALYSIS
The analysis of funds flow statement for the future is externally available to
the executive in planning the intermediate and long term financing of the firm.
USES OF FUNDS FLOW STATEMENT:-
It helps in the analysis of financial operations of the company.

It reveals the financing and investing policies followed by the company.
It answers many un answered questions of general interests.
It helps in proper allocation of resources.
It is an important management tool for the financial planning.
It helps in knowing the overall credit worth users of the firm.
2.2.1. PROCEDURE FOR PREPARING FUNDS FLOW

STATEMENT:-
The Fund Flow Statement consists of the following:-

1. Preparation of statement of changes in Working Capital.
2. Calculation of Funds / (loss) From operations.
3. Finding out the hidden transactions or changes in non-current assets and non-
current liabilities.
4. Preparation of statement showing Sources and Application of Funds.

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FUND FLOW ANALYSIS
2.2.2. STATEMENT OF CHANGES OF WORKING

CAPITAL:
The increase or decrease in Working Capital can be calculated by preparing

the schedule of changes in working capital.
Working Capital represents the excess of current assets over current liabilities.
Several items of all current assets and current liabilities are the components of
Working Capital. In order to ascertain the Working Capital at the beginning and at the
end of the period and to measure the increase or decrease therein it is necessary to
prepare a Statements or Schedule of Changes Working Capital.
Particulars 2012 2013 Increase (+) Decrease (-)

A) Current Assets
Inventories xxxx xxxx xxx -
Sundry Debtors xxxx xxxx - Xxxx
Cash and Bank Xxxx xxxx - xxxx
Loan and advances xxxx xxxx xxx -
Total of Current Assets xxxx xxxx xxx xxx
(A)
B) Current Liabilities
Current Liabilities xxxx xxxx - xxx
Provisions xxxx xxxx - Xxx
Total of Current xxxx xxxx xxx xxx
Liabilities (B)
Working Capital (A-B) xxxx xxxx xxx xxx

Increase in Working xxx - - xxx
Capital
xxxxx xxxxx xxx xxx

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FUND FLOW ANALYSIS
While preparing a schedule of changes in Working Capital it should

be noted that:
1.(a) An increase in Current Assets increase in Working Capital.

(b) A decrease in Current Assets decrease in Working Capital.
(c) A increase in Current Liabilities decrease in Working Capital
(d) A decrease in Current Liabilities increase in Working Capital.
(e) An increase in Current Assets and increase in Current Liabilities does not
affect Working Capital.
(f) A decrease in Current Assets and decrease in Current Liability does not affect
Working Capital.
(g) Changes in fixed (no-current) assets and fixed (non-current) liabilities affect
working capital.
2. The changes in all current assets and current liabilities are merged into one
figure only either an increase or decrease in working capital over the period for
which funds statements has been prepared. If the working capital at the end of
the period is more than the working capital at the beginning thereof.
3. The difference is expressed as increase in working capital. On the other hand,
if the working capital at the end of the period is less than at the commencement,
the difference is called decrease in working capital.
Working Capital = Current Assets Current Liabilities

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FUND FLOW ANALYSIS
Current Assets:
The expression current assets denotes those assets, which are continually on
the move. Since they are constantly in motion, they are also known as the circulating
capital of the business. These assets can or will be converted into cash during a
complete operating cycle of the business. Current Assets include.
a. Stock-in-trade or inventories;
b. Debtors;
c. Payments in advance or prepaid expenses;
d. Stores;
e. Bills receivable;
f. Cash at bank;
g. Cash in hand;
h. Work-in-progress, etc.
Current Liabilities:
Current liabilities are those liabilities, which are to be paid in the near future,
i.e., during a complete operating cycle of the business. Such liabilities include:
a. Trade Creditors;
b. Accrued or outstanding expenses;
c. Bills Payable;
d. Income-tax payable;
e. Dividends declared;
f. Bank overdraft.
Note:- Some experts are of the opinion that as bank overdraft has a tendency to
become more or less permanent source of financing, and hence it need not be included
among current liabilities.

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FUND FLOW ANALYSIS
2.3. STATEMENT OF SOURCES AND APPLICATION OF

FUNDS:
1. Funds from Operations:-

It is an internal source of funds. Funds from operations are to be calculated as
per the method stated above.
2. Funds from long-term loans:-

Long-term loans such as debentures, borrowings from financial institutions
will increase the working capital and therefore, there will be inflow of funds.
However, if the debentures have been issued in consideration of some fixed assets,
there will be no inflow of funds.
3. Sale of fixed assets:

Sale of land, buildings, and long-term investments will result in generation of
funds.
4. Funds from increase in share capital:

Issue of shares for cash or for any other current asset or in discharge of current
liability is another sources of funds. However, shares allotted in consideration of
some fixed assets will not result in funds. However, it is recommended that such
purchase of fixed assets as well as issue of securities to pay for them be revealed in
Funds Flow Statement.
5. Decrease in Working Capital:

Decrease in working capital is the result of decrease in current asset or
increase in current liabilities. In both the cases inflow of funds takes place. Suppose
stock, a current asset reduces from Rs.15,000 to Rs.12,000 the decrease of Rs.3,000 is
assumed to be due to the disposal of stock which undoubtedly brings funds into the
business. In the same way, increase in current liabilities mean lesser payment, so
retaining funds is also a source.

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FUND FLOW ANALYSIS
Funds Flow Statement
Sources Rs. Applications of Funds Rs.

Issue of Shares xxx Redemption of Redeemable xxx
Preference Shares
Issue of Debentures xxx Redemption of Debentures xxx
Long term xxx Payment of Other Long-term loans xxx
Borrowings xxx Purchase of Fixed Assets xxx
Sale of Fixed Assets xxx Operating Loss xxx
Operating Profit xxx Payment of Dividends taxes, etc. xxx
Decrease in Working xxx Increase in Working Capital (*)

Capital
xxxx xxxx
(*) Only one will be there.

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FUND FLOW ANALYSIS
2.4. MISSION STATEMENT
The mission statement of monarch is as follows.

To be the preferred supply chain partner to out customers
T0 be the recognized as the best in the world at what we do.
To create new values in the quality for our customers, employees and
shareholders.

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FUND FLOW ANALYSIS
2.5. VISION STATEMENT
We are in the business of manufacturing pipes for conveying safe drinking

water and other fluids for domestic and overseas markets.
We are maintain our dominant position in the domestic pipe market and
enhance our presence in the overseas market by setting up multi - location units as per
business potential.
For sustained growth we intend to venture into related business in the area of
1) Suitable horizontal and vertical integration projects.

2) Turnkey projects.
3) Engineering and consultancy.
4) Build-own-operate-transfer projects and diversifies into new areas of business
including infrastructure related projects.
We will achieve the above through:
Continuous technological up-gradation and absorption of new technology.
1 Effective team based working

2 Continuous training and human resources development.
3 Developing ancillary units.
4 Cost competitiveness.

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FUND FLOW ANALYSIS
3.1. METHODOLOGY AND DATABASE
3.1.1. Sources of data

The methodology employed for doing the present study is that the information
is collected from primary and secondary sources. The information was used to
calculate the funds flows on the basis of these analysis interpretations were made.
3.1.2. Sources of primary data

The primary data was collected mainly with the interactions and discussions
with he companys Executives.
3.1.3. Sources of secondary Data
Most of the calculations are made on the financial statement of the company
and the company provided financial statements for 3 years. Referring standards texts,
reference books and Internet collected some of the information regarding to the
theoretical aspects.
3.1.4. PERIOD OF THE STUDY
It is proposed to study the sources & Application of funds in Anantha PVC

Pipes Private Limited, for 4 years i.e., from the financial years 20005-2006, 2006-
2007, 2007-2008, and 2008-2009.

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FUND FLOW ANALYSIS
3.2. NEED FOR THE STUDY
The sources of funds for a business could be from both the long term and short
term. Any business to survive and growth in the competitive market, funds are needed
not only to meet its long-term financial needs but also short-term requirements. The
long-Term sources comprising of share capital, long term debt inclusive of debentures
etc., while the short term sources comprises of the short term loans, working capital
collection from commercial banks, loans from the call money market and among
these fall the sales which has two phases the cash sales and the credit sales.
The study is aimed at analyzing the financial position of Ananta PVC Pipes Private
Limited and also identifying the inflow and outflows of funds i.e., source and
application of funds.
This study will evaluate the way of the firms financial condition how
effectively the funds are mobilized and utilized in the company for the financial year
ending 31.3.07, 31.3.08 and 31.3.09. This study will thus help the company in
maintaining better financial performance, which is followed by a blend of findings
and suggestions.

Page 26
FUND FLOW ANALYSIS
3.3. OBJECTIVES OF THE STUDY
1 To study and analyze the changes those have taken place in the
financial position of the company.
2 To analyze fund flow operation.
3 To changes in the amount of working capital of the company.
4 To identify sources and application of funds.
5 To find out the operating efficiency of the organization.
6 To measure the overall financial performance of Ananta PVC Pipes
Private Limited.
7 To offer suitable suggestions for better performance of the company.

Page 27
FUND FLOW ANALYSIS
3.4. SCOPE OF THE STUDY
This study refers to only individual enterprise i.e., Ananta PVC Pipes Private
Limited. In fact, an examination of all components of Current Assets will enable to
Asses the efficiency of working capital management as all these components are
interrelated.
This study is on Funds Flow position in the company. It is based on two

statements namely (1) Schedule of changes in Working capital and (2) Funds Flow
statement. The scope of two statements is given below:-
(1)Schedule of changes in working capital: This statement is prepared with
Current Liabilities as appearing in the balance sheet of the Company.
Current Assets means:

Cash in Hand. Cash at bank, Bills Receivables, Sundry Debtors, Inventory,
other short-term loans and advances etc.
Current Liabilities means:
Bills Payable, Sundry creditors, bank over draft, short term loans, provision
for taxation, proposed dividend, interest payable etc.
(2) Funds flow statement: This statement is also prepared with sources of funds &
application of funds as appearing in the balance sheet of the company.
Sources of funds means: issue of equity and preference shares, funds from operation,
sale of fixed assets (plant, land & building, furniture and etc.), issue of debentures,
Decrease in working capital, sale of investment Etc.
Application of Funds means:-

Purchase of fixed assets (plant, land & building, furniture, and etc), increase in
working capital, redemption of preference share capital & debentures, Purchase of
Investment, Fund for operation, repayment of bank loan.

Page 28
FUND FLOW ANALYSIS
3.5. LIMITATION OF THE STUDY
1) DISCLOSURE OF OVERALL VARIATION ONLY: -

The funds flows statement shows overall change in working capital and not
the variations in individual items, including on most significant item cash,
constituting the working capital.
2) MANUPULATION BY MANAGERS: -
since non monitory assets such as inventories are included in working capital
the management may manipulate the net change in working capital and the resources
of funds from operation of applying any of the widely varying methods of inventory
valuation most suited to it.
3) GROUPING OF HETEROGENEOUS ITEMS: -

The concept of the working capital bundles monetary and non monetary
current asset, together. Consequently it includes widely dice gent items such as cash,
receivables, inventories, prepayments etc and hence lacks homogeneity. Particularly,
stock of standard product ready for sale, may reasonable be treated as a liquid
resources, but often a large part of the inventory represents work in progress
throughout the various stages of production. This is not proper to refer to inventories
of repayments as funds.

Page 29
FUND FLOW ANALYSIS
4.1. LIQUIDITY RATIOS
1. Current Ratio:
Current assets include cash and those assets, which can be converted
into cash within a year, such as marketable securities, debtors and inventories.
Current liabilities include creditors, bills payable, accrued expenses,
short-term bank loan, income tax liability and long term debt maturing in current
year.
The Current ratio is a measure of the firms short-term solvency
Current Assets
Current Ratio = ------------------------------------
Current Liabilities
Year Current Assets Current Liabilities Ratio

2012-13 3833.97 2828.58 1.36
2013-14 9840.20 5052.57 1.95
2014-15 14520.79 8090.45 1.80
2015-16 16251.34 9202.11 1.77

Page 30
FUND FLOW ANALYSIS
18000
16000
14000
12000
CURRENT RATIO
10000 Current Assets
8000 CURRENT RATIO
Current Liabilities
6000 CURRENT RATIO Ratio
4000
2000
0
2012-13 2013-14 2014-15 2015-16
Interpretation:
It is inferred from the above table that the Current ratio should be increased in
the manner for 4 years it means that the company can increase Current ratio in future
also.
4.2. QUICK RATIO

Page 31
FUND FLOW ANALYSIS
This ratio establishes a relationship between quick, or liquid, assets and

current liabilities. An asset is liquid if it can be converted into cash immediately
reasonably soon without a loss of value. Cash is the most liquid and included in
quick assets are book debts and marketable securities. Inventories normally
require some time for realizing into cash. the quick ratio is found out by dividing
quick assets by current liabilities.`
Liquid Assets
Quick Ratio = ---------------------------------
Current Liabilities
Liquid Assets = Current Assets Inventories.
Year Quick Assets Current Liabilities Ratio

2012-13 2640.71 2828.58 0.93
2013-14 4546.15 5052.57 0.90
2014-15 7445.61 8090.45 0.92
2015-16 7057.26 9202.11 0.77

Page 32
FUND FLOW ANALYSIS
10000
9000
8000
7000
6000
Quick Assets
5000
Current Liabilities
4000 Ratio
3000
2000
1000
0
2012-13 2013-14 2014-15 2015-16
Interpretation:
It is inferred from the above table that the Quick Ratio should be increased in
the manner for 4 years it means that the company can increase Quick Ratio in future
also.

Page 33
FUND FLOW ANALYSIS
4.3. ABSOLUTE LIQUID/CASH RATIO
It is suggested that it would be useful, for the management if the liquidity

measure also takes into account reserve borrowing power. As the firms real debt
paying ability depends not only on cash resources available with it but also on its
capacity on its capacity on borrow from the market at short notice. Absolute liquid
assets include cash in hand and at bank and marketable securities or temporary
investments. This ratio may be expressed as under:
Absolute liquid assets

ABSOLUTE LIQUID RATIO = ----------------------------------
Current liabilities
Year Absolute liquid Current Liabilities Ratio

Assets
2012-13 629.04 2828.58 0.22
2013-14 447.49 5052.57 0.09
2014-15 247.72 8090.45 0.03
2015-16 350.67 9202.11 0.04
10000
9000
8000
7000
6000
Absolute liquid Assets
5000
Current Liabilities
4000 Ratio
3000
2000
1000
0
2012-13 2013-14 2014-15 2015-16

Page 34
FUND FLOW ANALYSIS
Interpretation:
It is inferred from the above table that cash ratio is continuously increasing.
So the company maintains cash reserves in the same manner in future also.
4.4. NETWORKING CAPITAL RATIO:-
The difference between Current Assets and Current Liabilities excluding short
term bank borrowings is called Net working capital .It is sometimes used as a measure
of a firms liquidity. It is considered that, between two firms, the one having the larger
Net working capital has the greater ability to meet its current obligations. This is no
necessary so; the measure of liquidity is a relationship, rather than the difference
between Current Assets and Current Liabilities.
Net working capital

Page 35
FUND FLOW ANALYSIS
Net working capital ratio = -------------------------------------

Net Assets
Net working capital = Current Assets - Current Liabilities
Year NET WORKING NET ASSETS Ratio

CAPITAL
2012-13 1005.39 4350.62 0.23
2013-14 4787.63 13236.37 0.36
2014-15 6430.34 14604.33 0.44
2015-16 7049.23 18525.70 0.38
20000
18000
16000
14000
12000 NET WORKING
10000 CAPITAL
NET ASSETS
8000
Ratio
6000
4000
2000
0
2012-13 2013-14 2014-15 2015-16
Interpretation:
It is inferred from the above table that the net working capital should be
increased in the manner for 4 years it means that the company can increase the
working capital in future also.

Page 36
FUND FLOW ANALYSIS
ANANTHA PVC PIPES (PVT) LTD. BALANCE SHEET FOR THE

YEAR 2012-13
2012 2013
Rs. in. Lakhs Rs.in. Lakhs
I) Sources of Funds
1) Shareholders Funds
a) Share Capital 5191.23 2991.24
b) Reserves & Surplus 385.97 385.97
2) Loan funds
a) Secured Loans 3691.52 4386.67
b) Unsecured Loans 2004.22 1323.93
Total 11272.94 9087.81
II Application of funds
1) Fixed Assets
a) Gross Block 7039.98 6966.07
b) Less: Depreciation 2373.82 2064.21
Net Block 4666.16 4901.86
2) Investments 57.04 53.59
3) Current Assets, Loans and Advances.
a) Inventories 2752.56 3917.79
b) Sundry Debtors 2619.99 3250.88

Page 37
FUND FLOW ANALYSIS
c) Cash & Bank Balances 1669.89 454.47

d) Loans and Advances 332.21 321.44
7374.65 7944.58
Less: Current Liabilities & Provisions
a) Current Liabilities 3536.64 4327.75
b) Provisions 40.39 34.38
Net Current Assets 3797.62 3582.44
4) Miscellaneous expenditure (to the extent 20.58 247.19
not written off or adjust)
Profit & Loss Account 2731.54 302.72
Total 11272.94 9087.81

Page 38
FUND FLOW ANALYSIS
STATEMENT OF CHANGES IN WORKING CAPITAL 2012-2013

A) Current Assets
Inventories 3917.79 2752.56 - 1165.23
Sundry Debtors 3250.88 2619.99 - 630.89
Cash and Bank 454.47 1669.89 1215.42 -
Loan and advances 321.44 332.22 10.77 -
Total of Current Assets 7944.58 7374.66
(A)
Current Liabilities 4327.76 3536.65 791.12
Provisions 34.38 40.39 - 6.01
Total of Current 4362.14 3577.04
Liabilities (B)
Working Capital (A-B) 3582.44 3797.62
Increase in Working 215.18 - - 215.18
Capital
3797.62 3797.62 2017.31 2017.31
PROFIT AND LOSS ADJUSTMENT ACCOUNT FOR

THE YEAR ENDED 2012
Particulars Rs. Particulars Rs.

Page 39
FUND FLOW ANALYSIS
To preliminary expenses 226.61 By Balance b/d 302.72

To Depreciation 309.62 By Funds from operation 307.40
To Balance c/d 73.89
610.12 610.12
FUNDS FLOW STATEMENT
Sources Rs. Applications Rs.

Unsecured loans Purchase of Fixed Asset 73.91
Funds from operation Investment 3.45
Payment of secured loans 695.15
Increase in Working Capital 215.18
Total 987.69 Total 987.69
ANANTHA PVC PIPES (PVT)LTD BALANCE SHEET FOR THE

YEAR 2005-2006
2007(Rs.in. Lakhs) 2006(Rs.in.Lakhs)

I) Sources of Funds
2) Loan funds
a) Secured Loans 2855.27 3691.52

Page 40
FUND FLOW ANALYSIS

Total 4681.46 11272.94
II) Application of funds
1) Fixed Assets
a) Gross Block 7069.46 7039.98
Net Block 4350.61 4666.16
Capital Work in Progress 719.09
2) Investments 235.54 57.04
Less: Current Liabilities & Provisions 4172.77 7374.65

Profit & Loss Account 3314.63 2731.54
Total 9908.66 11272.94

A) Current Assets
Inventories 2752.55 1193.26 1559.29
Sundry Debtors 2619.99 2011.67 608.32
Cash and Bank 1669.88 629.04 1040.84
Loan and advances 332.22 338.81 6.59
(A)
Provisions 40.39 66.55 26.15
Liabilities (B)
Working Capital (A- 3797.6 1227.65
B)
Decreasing in Working 2519.95 2519.95
Capital
3797.6 3797.6 3234.61 3234.6

Page 41
FUND FLOW ANALYSIS
Sources Rs. Lakhs Application Rs. Lakhs

Decrease in Working 2519.96 Purchase of Fixed Assets 29.49
Capital
Capital work in progress 719.09
Payment of secured loans 836.25
Payment of unsecured 178.02
loans
Purchase of Investments 178.49
Fund for operation 578.62
Total 2519.96 Total 2519.96
ADJUSTED PROFIT & LOSS A/C

Dr Cr.
Particulars Rs. Lakhs Particulars Rs. Lakhs
To Preliminary Expenses 9.43 By Balance B/d 2731.54
Written off
To Depreciation 345.03 By Amount withdrawn 1516.17
from reserves
To Fund for operation 578.62
Total 4247.71 Total 4247.71

Page 42
FUND FLOW ANALYSIS
ANANTHA PVC PIPES( PVT) LTD BALANCE SHEET FOR THE

YEAR 2006-2007
2007 (in lakhs) 2006(in lakhs)
I) Sources of Funds
2) Loan funds
a) Secured Loans 10723.23 2855.28
Total 22264.36 9908.69
1) Fixed Assets
a) Gross Block 17884.47 7069.47
Net Block 13236.37 4350.62
Capital Work in Progress 2652.95 719.09
2) Investments 235.54

11302.96 4172.78
a) Current liability 5052.57 2828.58

Net current assets 5677.67 1277.66
4) Deferred tax assets 683.48 -
5) Miscellaneous expenditure 13.89 11.15
(To the extent not written off or adjusted) 3314.63
6) Profit &loss account 22264.36 9908.69

Page 43
FUND FLOW ANALYSIS
Particulars 2006 2007 Increase Decrease (-)

(+)
A) Current Assets
Inventories 1193.26 5294.05 4100.79
Sundry Debtors 2011.67 4098.66 2086.99
Cash and Bank 629.04 447.49 181.55
(A)
B)Current Liabilities
Provisions 66.55 572.72 506.17
Liabilities (B)
Increasing in Working 4400.02 4400.02
Capital
5677.67 5677.67 7311.73 7311.73
Sources Rs. Lakhs Application Rs. Lakhs

Sale of Shares 1214.88 Increase in working 4400.02
capital
Secured Loans 7866.95 Purchase of Fixed Assets 10815.00
Unsecured loans 3578.39 Capital work in progress 1933.86

Page 44
FUND FLOW ANALYSIS
Sale of Investment 235.54

Deferred Tax Assets 683.48
Fund from operation 3569.64
Total 17148.88 17148.88
Total
ADJUSTED PROFIT & LOSS A/C

Dr Cr.
Particulars Rs. Lakhs Particulars Rs. Lakhs
To Reserved amounts 4957.76 By Balance B/d 3314.63
To Depreciation 1929.25 By Provision for 2.74
preliminary exp.
To Balance c/d - Fund from operation 3569.64
6887.01 Total 6887.01
Total
ANANTHA PVC PIPES PVT LTD BALANCE SHEET FOR THE

YEAR 2007-2008
I) Sources of Funds 31st mar08 31st mar07
(Rs. in lakhs) (Rs. In lakhs)
2) Loan funds
a) Secured Loans 10886.36 10723.23
3) Deferred tax liability (net) 424.17 -
Total 28680.37 22264.36
II Application of funds
)
1) Fixed Assets
a) Gross Block 20021.36 17884.47

Page 45
FUND FLOW ANALYSIS
Net Block 14604.33 13236.37

2) Investments 589.83 -
16137.54 11302.96
4)deferred tax asset - 683.48
5) Miscellaneous expenditure ( to the 10.17 13.89
extent not written off or adjust)
Total 28680.37 22264.36

Page 46
FUND FLOW ANALYSIS
Particulars 2007 2008 Increase Decrease(-)

(+)
A) Current Assets
Inventories 5294.05 7075.18 1781.13
Sundry Debtors 4098.66 7197.89 3099.23
Cash and Bank 447.49 247.72 199.77
(A)
B)Current Liabilities
Provisions 572.72 8676.59 13.42
Liabilities (B)
Working Capital (A-B) 5677.67
Increasing in Working 1783.28 1783.28
Capital
7460.95 7460.95 5034.35 5034.35

Page 47
FUND FLOW ANALYSIS

THE YEAR ENDED 2008
Particulars Rs. Particulars Rs.

To General Reserve 1500.00 By Balance b/d 604.21
To deferred tax 1107.65
(424.17+683.48)
To Miscellaneous 3.72
Expenditure
Total 4129.07 Total 4129.07
Sources Rs. lakhs Applications Rs. lakhs
Secured Loans 163.13 Purchase of fixed assets 2136.89

Unsecured Loans 4184.15 Capital Work in Progress 3362.4
Funds from operation 3524.86 Purchase of investments 589.83
Increase in working capital 1783.28
7872.13 Total 7872.13
Total

Page 48
FUND FLOW ANALYSIS
ANANTHA PVC PIPES LTD BALANCE SHEET FOR THE YEAR

2008-2009
I) Sources of Funds 31st mar09 31st mar08

(Rs.in. Lakhs) (Rs.in. Lakhs)
2) Loan funds
a) Secured Loans 9244.82 10886.36
Deferred tax liability(net) 618.06 424.17
Total 32901.40 28680.37
1) Fixed Assets
a) Gross Block 25035.39 20021.36
Net Block 18525.70 14604.33
2) Investments - 589.83
18321.76 16137.54
Total 32901.40 32901.40
STATEMENTOF CHANGES IN WORKING CAPITAL 2008-2009
Particulars 2008 2009 Increase Decrease (-)

(+)
A) Current Assets
Inventories 7075.18 9194.08 2118.90
Sundry Debtors 7197.89 6706.59 - 491.30
Cash and Bank 247.72 350.67 102.95 -

Page 49
FUND FLOW ANALYSIS
Loan and advances 1616.75 2070.42 453.67 -

(A)
Provisions 586.14 354.42 231.72
Liabilities (B)
Increase in Working 1304.28 - 1304.28
Capital
8765.23 8765.23 2907.24 2907.24

THE YEAR ENDED 2009
Particulars Rs.in. Particulars Rs.in lakhs

Lakhs
To General Reserve 188.32 By Balance b/d 748.77
Preliminary expenses 3.72
Written off
2227.96 2227.96

Page 50
FUND FLOW ANALYSIS
Sources Rs. Applications Rs.

Unsecured Loans 5480.37 Purchase of Fixed Asset 1641.55
Capital Work in Progress 411.07 Investment 5014.63
Sale of investment 589.83 Increase in Working 1304.28
Capital
Funds from operation 1479.19
7960.46 7960.46
5.1. FINDINGS:
1 In 2005-06, the company has generated a surplus of Rs.2519.96 lakhs as internal

sources of funds, which worked out to be 100%of the total sources of funds.
2 During 2006-07 the company utilized Rs.4400.02 lakhs towards finance of the
working capital which worked out to be 35.65%
3 During 2007-08 the companies utilized RS.1783.28 lakhs towards finance, which
worked out to be 22.65%of the total application of funds utilized.
During the study period, it is observed that the first (2005-06) year working
capital generated funds and in their latter two latter two years it has utilized funds to
met its working capital requirements.
Funds from operation;
1 In 2005-06 the company had generated loss on funds for operation amounted Rs.
578.63 lakhs. This consisted 22.96%of total funds.

Page 51
FUND FLOW ANALYSIS
2 In 2006-07 the company had generated funds from operation amount to

Rs.3569.64 lakhs. This consisted 20.81% of total funds.
3 During the year 2007-08 lf analyses, the company had generated funds from
operation amount Rs.3524.86 lakhs, this consisted 44.775 of total funds.
5.2. SUGESTIONS:
1). A fresh look into the extension of product line.

2). Steps should be initiated in order to cut down the expenses of the company which;
are found to affect to the maximum in; all the years of study.
3). Efficient of assets utilization for revenue generation is suggested.
4). Improving the sales performance is desirable. For this, a dynamic team should be
designed, which; can project the company by its extensive and result oriented
marketing activities enabling the company to complete internal markets.
5). Better utilization of sources of funds is suggested for getting maximum benefits.

Page 52
FUND FLOW ANALYSIS
5.3. CONCLUSIONS:
The following conclusions are arrived at based on the observations made on

the present study:-
1). Except of the first year (2005-06) the study period it is observed that the fund
for operation is on loss. It generated the funds in application of total funds.
2). except of the first year of the study of period, funds were utilized for financing
the working capital need.
The study revealed a mixed trend of application and sources of funds in
respect of
Secured and unsecured loans.

Page 53

1.1. Introduction of The Study

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1.1. Introduction of The Study

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FUND FLOW ANALYSIS

1.1. INTRODUCTION OF THE STUDY

Dept. of MBA BIT SCHOOL OF MANAGEMENT

1.2. INDUSTRY PROFILE

MONARCH GROUP OF COMPANIES

Monarch Group of Companies and having its reputed name in construction

EXPORT OF PLASTICS GOOD:

Dept. of MBA BIT SCHOOL OF MANAGEMENT

The Production of various plastics a raw materials in the country is expected

Role of Plastics in the national economy:

Agriculture, forestry and water-management.

Dept. of MBA BIT SCHOOL OF MANAGEMENT

Importance of pipes industry:

Dept. of MBA BIT SCHOOL OF MANAGEMENT

1.3. PROFILE OF THE COMPANY

Various sizes ranging from to 10 offered to customers. Even pipes with

At present Andhra Pradesh, parts of southern states of Karnataka, Tamilnadu

1979 - Nandyal region (polyphone pipes)

Dept. of MBA BIT SCHOOL OF MANAGEMENT

The transportation department of ANANTHA PVC PIPES PVT LTD. is very

Dept. of MBA BIT SCHOOL OF MANAGEMENT

ABOUT THE COMPANY

The company is equipped with sophisticated laboratory to carry all tests to

Marketing manager who reports to executive director, an assistant marketing

Dept. of MBA BIT SCHOOL OF MANAGEMENT

HUMAN RESOURCE DEPARTMENT:

The perplexing situation i.e. conformed by the manufacturers of the PVC

The Major Petrochemical Companies Are:

APPLICATIONS OF UPVC PIPES:

Agriculture and irrigation schemes.

ANANTHA PVC PIPES PVT LTD.. is commission with the objectives of

Anantha PVC products

Dept. of MBA BIT SCHOOL OF MANAGEMENT

Srikanth water containers

MANUFACTURERS : PVC PIPES, PLASTIC PIPE

a) PVC PIPE 20mm to 400mm and Pipe & Pipe Fittings

Dept. of MBA BIT SCHOOL OF MANAGEMENT

d) UPVC 1/2" to 6" Pipe & Pipe Fittings

1.4. COMPANY HISTORY

Many of you have expressed a curiosity about the historical development of

Dept. of MBA BIT SCHOOL OF MANAGEMENT

Dept. of MBA BIT SCHOOL OF MANAGEMENT

STEP BY STEP COMPANYS GROWTH

Sujala pipes Pvt.Ltd is commission with the objectives of catering to the

Dept. of MBA BIT SCHOOL OF MANAGEMENT

2.1. THEORITICAL BACKGROUND

It is intended to present an overall view of funds flow statement. Is also

The Balance sheet:-

Dept. of MBA BIT SCHOOL OF MANAGEMENT

Profit and Loss Accounts:

Funds flow Statements:-

Dept. of MBA BIT SCHOOL OF MANAGEMENT

2.2. USES, SIGNIGNIFICANCE AND IMPORTANCE OF

Analysis of Financial Operation:-

Evaluation of the firms:-

Comparison with the budget:-

Dept. of MBA BIT SCHOOL OF MANAGEMENT

USES OF FUNDS FLOW STATEMENT:-

It helps in the analysis of financial operations of the company.

2.2.1. PROCEDURE FOR PREPARING FUNDS FLOW

The Fund Flow Statement consists of the following:-

Dept. of MBA BIT SCHOOL OF MANAGEMENT