Cost of Furniture, Vehicle & Security Equipment

Sl No. Description Total Cost BDT

Fire Hydraulic System alarm and
1 500,000
sprinklers
2 Air conditioning and heating 600000

3 Telecommunication, TVs, and 200,000

computers

4 ICT Equipment 100,000

5 Security, CCTV, outdoor lighting, alarm, 600,000
and guard houses
6 Furniture & Fittings 300,000

7 Vehicles 5,000,000
8 Designing Cost 1,000,000
10 Other Equipment & Appliances 200,000

Total Cost of Furniture & Security

8,500,000
Equipment

Cost of Licensing and other

Documentation

­S/N Particulars

1 Trade License

2 Trade Marks Registration

3 Cost of Environmental Clearance Certificate

4 VAT Registration

5 Import Registration Certificate (IRC)

6 Approval of Factory Plan

Certificate of Registration of Factories

7
and Establishment

8 Fire License

9 Registration Certificate of Patent

10 Work Permit for Foreign Nationals

11 Other Documentation Cost
Total
 List of Machineries and Cost:
List of Machineries and Cost for Mask:
Particulers List of Machineries

SL Name Of Machine HS Code

1 UV Sterilizer Machine 8543709990

2 Ultrasonic Welder 8413609090

3 Micro Melt blow Machine 8477800000

4 Slitter Reminder 84515000

5 Flow Packing Machine 84224000

6 Disposable Face Mask M/C 8449009000
7 Disposable Face Mask M/C 8449009000

8 Disposable Face Mask M/C 8449009000

9 KZA12 Automatic Face mask pr

10 Perkins diesel Engine Generat P275HE2

11 Melt blown Fabric Making Mac
12 Automatic Face Mask Machin 8438500000
13 Automatic Ear loop Welding 8515809090

Amount in BDT Amount in USD

40,000 465.116279069767

250,000 2906.97674418605
200,000 2325.58139534884

20,000 232.558139534884

50,000 581.395348837209

1,87,000 2774

150,000 1744.18604651163

200,000 2325.58139534884

400,000 4651.16279069768

500,000 5813.95348837209
500,000 5,813
2,310,000 29,634
Machineries

Quantity Total Price (BDT) Total Price$

Ladies sanitary Napkin Machine

1 381069.44 $4,431.04

16 1073280.00 $12,480.00 1
1 3184168.06 $37,025.21

1 263263.20 $3,061.20

1 133057.48 $1,547.18 List of Machinery for Baby Diape

1 2289836.00 $26,626.00
2 7130045.00 $82,907.50

1 2833700.00 $32,950.00 SL Name Of Machine

NS-INK 400 Inverter
1 6278000.00 $73,000.00 1 type baby diaper
machine
1 1290000.00 $15,000.00 2 main Motor driving
1 10320000.00 $120,000.00 3 High Speed crusher
1 20210000.00 $235,000.00 4 SAP Feeding Unit
1 989000.00 $11,500.00 5 Web Guider
Inverter Motor
6
Mitsubishi
Total BDT 56375419.18 $655,528.13 Waste Raw
7 Materials collect
Raw Materials with
unit
auto unwinding,
auto splicing, auto
8
tension control, auto
detective and auto
9 Safety door
rejection

10

Simple Sealing
11
Machine
Glue
12 Applications(Chines
Brand)
Free
13 spare
parts

Total
nitary Napkin Machine

Particulers
Ladies Sanitary Napkin
Machine(Production Line 1 Set,
JR-280
Hot Melt Glue Applicator 3 set,
Packing
Total Machine 2 Set)

achinery for Baby Diaper:

List of Machineries

Name Of Machine Machine Model Quantity(Set) Unit Price( RMB) Total price(RMB)
NS-INK 400 Inverter
type baby diaper 1
machine
main Motor driving 1
High Speed crusher 1
SAP Feeding Unit 1
Web Guider 9
Inverter Motor
1
Mitsubishi
Waste Raw
Materials collect
Raw Materials with 1
unit
auto unwinding,
auto splicing, auto
6
tension control, auto
detective and auto
Safety door
rejection 1

Simple Sealing
2
Machine
Glue
Applications(Chines 4
Brand)
1

124,872,000.00
Quantity Unit Price(USD) Total Amount(USD) Total Amount(BDT)

1 117500 $ 117,500.00
$ 117,500.00 10,105,000.00

$ 1,452,000.00
BDT
 Cost of Building and Site Development

Total land size of the land size IS 83 Katha

Total land size is 83 katha

Construction Area

Land Cost

(Total size of building area )

Site Development Cost

Total Cost of Building & Site Develo

Cost of Building & Externals

Architectural design of our factory building is specialized for international standard fac

Description Area

Civil Works - Construction Area and

35000
Architectural design Fees

Mechanical & Electrical Works ‐

35000
Building Area (30,000 Sq.f)

REB Line – 2 MBW 3500

Landscaping 35000

Total Building Construction Cost

d Site Development

ze IS 83 Katha

Unit Cost per Katha,SF BDT USD

83 1800000 149400000 1737209.302

35000 2000 70,000,000 813953.4884

0.25 % of the total
cost of Building
20,000,000 232,558
Structure Cost or
Approximately
otal Cost of Building & Site Development 239,400,000 2,783,721

d for international standard factory

BDT Rate/Sq.f Total Cost BDT Total Cost USD

80 2,800,000 32558.13953

3 105,000 1220.930233

150 525,000 6,105

100 3,500,000 40,698

6,930,000 80,582
 TOTAL COST OF THE PROJECT:
S/N Particulars Total Amount in BDT Total Amount in USD
Cost of Licensing and other
1
Documentation 2,310,000 29,634

2 Cost of Land & Building Structure 239400000 2,783,721

3 Total Building External Construction Cost 6930000 80,581

Cost of Furniture , Vehicle & Security

4 8500000 98,837
Equipment
Cost of Machineries for Mask, Diaper,
 5 67932419.18 789,912
Napkin and Aerosol Production Plant
Total Fixed Cost 323567669.2 3,762,415

Total Working Capital Required for Raw

6 89856000 1044837.209
Material

Total working capital required for salary

7 25632000 298,045
and wages

Required Working Capital for Travelling &

8 1152000 13,395
Transport Cost

9 Advertising expenses 20,000,000 232,558

Total Working Capital 123,824,000 1,439,814

Total Project Cost  909,104,088 10,573,749

 ASSESSMENT OF WORKING CAPITAL:
Particulars Tied Up Period( days) Perday Unit Cost End of 1st Year

Capacity Utilization

Raw Materials 78 1152000 89856000

Work in Progress (Raw Materials

7 1152000 8,064,000
Only)

Finished Goods Stock 15 1152000 17,280,000

Receivables at Cost 30 1152000 34,560,000

Other Expenses (Repair & Others) 26 2100 54,600

Total 149,814,600
Net Working Capital For Raw Materials

REQUIRED WORKING CAPITAL FOR SALARY AND WAGES:

No Designation

Person/Number Salary Per Unit

1 General manager 1 255000

2 Factory Manager 1 70000
3 Administration Manager 1 50000
4 Sales Manager 2 50000
5 ASM 15 10000
6 Lab Assistant 15 10000
7 Accounts Officer 1 40000
8 Customer Service 2 17000
9 Company Sales Rep. 25 10000
10 Delear Sales Rep. 40 12000
11 Driver 8 15000
12 Delivery Assistant 8 8000
13 Factory Staff 25 10000
14 Cleaning Staff 3 6000
15 Electrician 3 15000
16 Security 6 10000
 Total

TRANSPORT COST
Air Ticket (SL/BD/SL) 40000 240,000 2,791

Vehicle 8 50000 300,000 3,488

Maintainers 20000 120,000 1,395

Other expenses 12000 72,000 837

Management Staff Accommodation 20000 120,000 1395.348837

Management Staff Transport 50000 300,000 3,488

Total 1,152,000 13,395
End of 2nd Year End of 3rd Year End of 4th Year End of 5th Year

89856000 89856000 89856000 89856000

8,064,000 8,064,000 8,064,000 8,064,000

17,280,000 17,280,000 17,280,000 17,280,000

34,560,000 34,560,000 34,560,000 34,560,000

54,600 54,600 54,600 54,600

149,814,600 149,814,600 149,814,600 149,814,600

Total Salary
Total Salary Half Total Salary
VC suggestion Per Year in
Yearly in BDT Yearly in BDT
USD

Total Salary and

Wages / Month Country

255,000 Bangladeshi 1,530,000 3060000 35,581

70,000 Bangladeshi 420,000 840,000 9,767
50,000 Bangladeshi 300,000 600,000 6,977
100,000 Bangladeshi  600,000 1,200,000 13,953
150,000  Bangladeshi 900,000 1,800,000 20,930
150,000 Bangladeshi  900,000 1,800,000 20,930
40,000 Bangladeshi 240,000 480,000 5,581
34,000 Bangladeshi 204,000 408,000 4,744
250,000 Bangladeshi 1,500,000 3,000,000 34,884
480,000 Bangladeshi 2,880,000 5,760,000 66,977
120,000 Bangladeshi 720,000 1,440,000 16,744
64,000 Bangladeshi 384,000 768,000 8,930
250,000 Bangladeshi 1,500,000 3,000,000 34,884
18,000 Bangladeshi 108,000 216,000 2,512
45,000 Bangladeshi 270,000 540,000 6,279
60,000 Bangladeshi 360,000 720,000 8,372
 12,816,000 25,632,000 298,045
Required as
working capital
Cost of Production for Mask:
IngredientsQty. Rate Cost(Tk) Packaging Qty. Rate Cost(Tk)
Mask( Per Hour) 1 1 0.5 6000 1.5 9000
Mask(16 Hour day) 1 1 0.5 96000 1.5 144000
Mask (16 H* 26 day) 1 1 0.5 2496000 1.5 3744000
Total Cost before Tax ( Month) 3744000
Cost of Production for Ladys Sanitary Napkin:
IngredientsQty. Rate Cost(Tk) Packaging Qty. Rate Cost(Tk)
Napkin( Per Hour) 4 4 1 1800 5 9000
Napkin(16Hour day) 4 4 1 28800 5 144000
Napkin (16 H* 26 day) 4 4 1 748,800 5 3744000
Total Cost before Tax ( Month) 1872000
Cost of Production for Baby Diaper:
IngredientsQty. Rate Cost(Tk) Packaging Qty. Rate Cost(Tk)
Diaper( Per Hour) 10 10 2 1800 12 21600
Diaper(16 Hour day) 10 10 2 28800 12 345600
Diaper (16H* 26 day) 10 10 2 374,400 12 4492800
Total Cost before Tax ( Month) 4492800
 Production Capacity of Mask Plant

Particulars Production
Total Production
Capacity
(Per Hour) per day(16 hours)

Quantity 6000 96000

Rate (Tk.) 1.5 1.5
Cost 9000.00 144000.00

Production Capacity Sanitary Napkin

Particulars Production Total Production

Capacity
per day(8 hours)
(Per Hour)
Quantity 1800 28800
Rate (Tk.) 5 5
Cost 9000.00 144000.00

Particulars Production
Capacity Total Production
per day(8 hours)
(Per Hour)
Quantity 1800 28800
Rate (Tk.) 12 12
Cost 21600.00 345600.00
pacity of Mask Plant

Total Total
Total Production
Production Production
per month (per 3 month) (per year)

2496000 7488000 29952000

1.5 1.5 1.5
3744000.00 11232000.00 44928000.00

acity Sanitary Napkin

Total Total Total Production

Production Production
(per year)
(per month) (per 3 month)
748800 2246400 8985600
5 5 5
3744000.00 11232000.00 44928000.00

Total Total
Production Production Total Production
(per year)
(per month) (per 3 month)
748800 2246400 8985600
12 12 12
8985600.00 26956800.00 107827200.00

197683200.00
Raw Material Cost for Mask - 3 months Cycle

Cost of Raw
Material / Cost Unit Total Cost BDT/ Month(26 days)
Month

14976000 1 14976000

Raw Material Cost for Sanitary Napkin Production - 3 months Cycle

Cost of Raw
Material / Cost Unit Total Cost BDT/ Month
Month

4992000 1 4992000

Raw Material Cost for Baby DIAPER Production - 3 months Cycle

Cost of Raw
Material / Cost Unit Total Cost BDT/ Month
Month

9984000 1 9984000

Production Capacity of Mask Plant

Cost of Raw
Total Production
Particulars Material /
per day(16 hours)
Month
Quantity 6000 96000
Rate (Tk.) 1.5 1.5
Cost 9000.00 144000.00
 Working
Capital for Total Required
Cycle Month Raw Material ( Working Capital
3 months for Raw Material
Cycle )
3 449280000 44928000

Production - 3 months Cycle

Working
Capital for Total Required
Cycle Month Raw Material ( Working Capital
3 months for Raw Material
Cycle )

3 14976000 14976000

oduction - 3 months Cycle

Working
Capital for Total Required
Cycle Month Raw Material ( Working Capital
3 months for Raw Material
Cycle )

3 29952000 29952000
TOTAL 89856000

Total
Total Production Total Production
Production
per month (per year)
(per 3 month)
 2496000 7488000 29952000
1.5 1.5 1.5
3744000.00 11232000.00 44928000.00
 SALES RATE OF THE PRODFUCT PRODUCED:

Mask Sales Amount at Rated Capacity

Per Day Per Month (26 Day

Mask QTY Total Capacity ASP Total BDT

Per Day (piece)
1 Box 50 96,000 2 4,800,000
Total

Sanitary Napkin Sales Amount at Rated Capacity

Per Day Per Month (26 Day

Total Capacity
napkin QTY Per Day (Piece) ASP Total BDT

1 Piece 1 14,400 8 115,200

Baby Diaper Sales Amount at Rated Capacity

Per Day Per Month (26 Day

Total Capacity
Diaper QTY ASP Total BDT
Per Day Piece
1 Piece 1 14,400 18 259,200

COST OF SALES AND OPERATING EXPENSE:

BDT 3 Months for raw Y ‐01 Y ‐02 Y ‐03

Cost of Raw
Materials for 89,856,000.00 359,424,000 377,395,200 396,264,960
Production
Power & Utility 300000 300000 315,000 330,750

Insurance &
Legal Charges 700,000 700,000 735,000 771,750

Total
Operating 90,856,000.00 360,424,000 378,445,200 397,367,460
Expenses

* Assumption: Cost of Raw material for production is as per the projection of Assessment of Working Capital. Cost o
 26 12
Per Month (26 Days) Per Year

QTY ASP Total BDT QTY ASP Total BDT

2,496,000 2 12,480,000 29,952,000 2 59,904,000

26 12

Per Month (26 Days) Per Year

QTY ASP Total BDT QTY ASP Total BDT

374,400 8 2,995,200 4,492,800 8 35,942,400

26 12
Per Month (26 Days) Per Year

QTY ASP Total BDT QTY ASP Total BDT

374,400 18 6,739,200 4,492,800 18 80,870,400

Y ‐04

416,078,208
 347,288

810,338

417,235,833

nt of Working Capital. Cost of Sales/ Operating Expenses will incre

 Income Statement 197,683,200.00

3rd Year 4th Year

Particulars 1st year 60% 2nd Year 65%
70% 75%

Price
106,030,080 114865920 123701760 132537600
(BDT)/Revenue
COGS/Operating
345,047,040 402,554,880 402,554,880 402,554,880
Expense
Gross Profit -239,016,960 147,813,120 147,813,120 147,813,120
Less-Admin 25,632,000 28,195,200 28,195,200 28,195,200
Less: Utility
1,200,000 1,200,000 1,200,000 1,200,000
Expenses

Less: Promotional
20,000,000 20,000,000 20,000,000 20,000,000
Expenses

Less: Depreciation
6793241.918 6793241.918 6793241.918 6793241.918
expense

Total Operating
53,625,242 56,188,442 56,188,442 56,188,442
Profit
Profit Before
73,071,718 91,624,678 91,624,678 91,624,678
Interest & Taxes

Financial
20,374,317 26,195,550 26,195,550 26,195,550
Expenses
Profit Before
52,697,401 65,429,128 65,429,128 65,429,128
Taxes

Provision for Tax

13,174,350 16,357,282 16,357,282 16,357,282
/Income Taxes

Net Profit / Loss 39,523,051 49,071,846 49,071,846 49,071,846

Withdrawal/Divid
end
Retained
Earnings
for the year
5th Year 80%
Total Revenue At Capacity Utilization( BDT)
Capacity Utilization
141373440

402,554,880
Mask Sales/ Year
147,813,120 59,904,000.00
28,195,200
Napkin Sales
1,200,000
35,942,400.00

20,000,000
Diaper Sales

6793241.918 80,870,400.00

Total Revenue BDT

56,188,442

91,624,678
Particulers
26,195,550
1 box mask
65,429,128
sale price

16,357,282 1 box mask ASP

49,071,846
particulers

1 box napkin

sale price
1 box napkin

particulers
1 box Baby Diapers
sale price
1 box Baby Diapers
Year 1 Year 2 Year 3 Year 4 Year 5
60% 65% 70% 75% 80%

35,942,400.00 38,937,600.00 41,932,800.00 44,928,000.00 47,923,200.00

21,565,440.00 23,362,560.00 25,159,680.00 26,956,800.00 28,753,920.00

48,522,240.00 52,565,760.00 56,609,280.00 60,652,800.00 64,696,320.00

106,030,080.00 114,865,920.00 123,701,760.00 132,537,600.00 141,373,440.00

Column1

50

100

Column1

5
40

Column1
12
18
216
 Total Project Cost and Means of Finance:
Crore in BDT

Source of Fund Amount

Assets Cost Breakup in Taka in Taka
Cost Already Cost to be
Total Cost
incurred incurred
Sponsors Bank
Machinery 6.793241918 6.793241918 68% 611%
Land 14.94 14.94 14.94 - --
Building 0.693 0.693 0.693 --

Equipments & 9.930525 9.930525 9.930525

Misc

Total Working
Capital
12.3824 12.3824 12.3824

Total Project Cost

including WC
15.633 29.10616692 44.73916692 15.633 29.10616692
Source of Fund Amount
in Taka Source of Fund as %

Total Sponsors Bank Total

6.793241918 10% 90% 100%
14.94 100% 100%
0.693 100% 100%

9.930525 100 100%

100
12.3824 0% % 100%

44.73916692 41% 59% 100%

Column1 Column2 Column3 Column4 Column5
Current Assets: 109382600 115164078 119199000 123388969

Inventory 59382600 61164078 62999000 64888969

A/C Receivable and Pr 30000000 32000000 32200000 32500000

Cash and Bank 20000000 22000000 24000000 26000000

Fixed Assets 322417419 322417419 322417419 322417419

Assets 431800019 437581497 441616419 445806388

Current Liabilities: 90000000 91000000 96500000 97000000

Accounts Payable 30000000 31000000 31500000 32000000

Short Term Loan 60000000 60000000 65000000 65000000

Provision for expense 0 0 0 0

Owners Equity 341800019 346581497 345116419 348806388

Liabilities 431800019 437581497 441616419 445806388

Column6
1.28E+08
Particular 31.12.2020 31.12.2021 31.12.2022
Currrnt Assets:
66835638 Cash/Bank Balances/Mar 15,000,000 20,000,000 22,000,000
A/C Receivable and Prep 30,000,000 32,000,000 32,200,000
32800000 Inventory (Stock) 59,382,600 61,164,078 62,999,000
Inventory (inTransit) - 15,000,000 25,000,000
28000000 Investment/FDR 5,000,000 15,000,000 20,000,000
Security Deposit 2,000,000 5,000,000 7,000,000
3.22E+08 Advance Deposits & Fran - - -
Total Current Assets 111,382,600 148,164,078 169,199,000
4.5E+08
Non Current Assets
1E+08
Fixed Assets
32500000 Land and land Developm 6,050,000 6,050,000 6,050,000
Interior Decoration & Fu 75,000,000 65,000,000 55,000,000
7E+07 Buiding and Externals 135,000,000 135,000,000 135,000,000
Equipment and vehicle 40,000,000 33,000,000 26,000,000
Security (IP camera) 2,600,000 2,600,000 2,600,000
- - -
3.48E+08

4.5E+08 Net Fixed Assets 258,650,000 241,650,000 224,650,000

Total Assets 370,032,600 389,814,078 393,849,000

Current Liabilities:
Bank Loan (Short Term) 20,000,000 20,000,000 20,000,000
Accounts Payable 30,000,000 31,000,000 31,500,000
Outstanding Provision fo 7,000,000 7,500,000 7,500,000
Provision for Tax 973,053 1,469,578 7,495,973
Loan Received - - -
Total Current Liabilities 57,973,053 59,969,578 66,495,973

Long Term Liabilities:

Bank Loan (Long Term) 155,000,000 128,650,000 102,300,000

Borrowing from sister

- - -
concern

Total Long Term Libilit 155,000,000 128,650,000 102,300,000

Total Liabilities 212,973,053 188,619,578 168,795,973

Net Worth: 157,059,547 201,194,500 225,053,027
Paid Up Capital 200,000 200,000 200,000
Capital Reserve
Net Profit/Retain Earnin 56,488,012 46,921,974 142,423,486
Net Worth 213,747,559 248,316,475 367,676,513
Total Liabilities & Net 426,720,612 436,936,052 536,472,486
 Amount in taka
31.12.2023 31.12.2025

23,000,000 25,000,000
32,500,000 32,800,000
64,888,969 66,835,638
36,000,000 50,000,000
70,000,000 120,000,000
7,500,000 8,000,000
- -
233,888,969 302,635,638

6,050,000 6,050,000
45,000,000 35,000,000
135,000,000 135,000,000
19,000,000 12,000,000
2,600,000 2,600,000
- -

207,650,000 190,650,000

441,538,969 493,285,638

20,000,000 20,000,000
32,000,000 32,500,000
7,500,000 7,500,000
11,133,254 18,440,427
- -
70,633,254 78,440,427

75,950,000 49,600,000

- -

75,950,000 49,600,000

146,583,254 128,040,427
294,955,715 365,245,211
200,000 200,000

211,531,826 350,368,105
506,687,541 715,813,317
653,270,795 843,853,743
Cash Flow Projection Year 1 Year 2

Cash Inflow #VALUE! #REF!

Equity In 341800019 346581497

Fixed Assets 322417419 322417419

Working Capital current asset-curret liabiilites #REF!

Loan 60000000 60000000

Mask Sales 44928000 52416000

Sanitary Napkin Sales 161740800 188697600

Baby Diaper Sales 161740800 188697600

Other sales 0 0

Cash Outflow 56668110.5 64200802.25

Capital Expenditure 4180000 4180000

Repayment of Loan 0 0

Finanacial Expenses 5400000 5400000

Promotional Expenses 20000000 22000000

Change in working capital

other than cash 0 #REF!

Income Tax 27088110.5 32620802.25

Dividend 0 9786240.675

Total #VALUE! #REF!

CASH FLOW STATEMENT

Particular Year - I Year - II
Profit Before Tax After Extra Items 83,141,552.00
Add: Interest Expense 39,375,000.00
Add: Depreciation 17,000,000.00
Add/Minus: Change in Deferred Taxes

EBITDA Cash Flow 139,516,552.00

Less: Interest Expense 39,375,000.00
Less: Taxes 1,469,577.60
Less: Dividends 6,980,493.60
total 47,825,071.20
CF Before Investing Activities 91,691,480.80
Less: Capital Expenditures

CF Before Working Capital Changes 91,691,480.80

Plus/Minus: Change in Accts Receivable (5,300,000.00)
Plus/Minus: Change in Inventory (28,000,000.00)
Plus/Minus: Change in Accounts Payable 1,000,000.00
Plus/Minus: Change in Dividends Payable

Total Working Capital Changes (32,300,000.00)

CF Before Intercompany Transaction 59,391,480.80

Plus/Minus: Inter Trade Rec from/to Affil. -

CF Before Other B/S Movements 59,391,480.80

Plus/Minus: Other B/S Movements

Financing Needs/Surplus 59,391,480.80

Plus/Minus: ST Bank Debt 20,000,000.00
Plus/Minus: LT Bank Debt (26,350,000.00)
Total Financing (6,350,000.00)
CF after Financing 53,041,480.80
Plus/Minus: Change In Cash 53,041,480.80
Year 3 Year 4 Year 5

#REF! #REF! #REF!

346581497 346581497 346581497

322417419 322417419 322417419

#REF! #REF! #REF!

6500000 6500000 70000000

52416000 52416000 52416000

188697600 188697600 188697600

188697600 188697600 188697600

0 0

60135802.25 60885802.25 67350802.25

4180000 4180000 4180000

0 0

585000 585000 6300000

23000000 24000000 25000000

#REF! #REF! #REF!

32370802.25 32120802.25 31870802.25

10682364.7425 11563488.81 12527112.8775

#REF! #REF! #REF!

(Amount in Million)
Year - III Year - IV Year - V
203,669,459.00 276,415,080.00 422,558,532.00
39,375,000.00 39,375,000.00 39,375,000.00
17,000,000.00 17,000,000.00 17,000,000.00

260,044,459.00 332,790,080.00 478,933,532.00

39,375,000.00 39,375,000.00 39,375,000.00
7,495,972.95 11,133,254.00 18,440,426.60
42,727,045.82 74,036,139.10 175,184,052.70
89,598,018.77 124,544,393.10 232,999,479.30
170,446,440.24 208,245,686.90 245,934,052.70

170,446,440.24 208,245,686.90 245,934,052.70

(10,700,000.00) (8,000,000.00) (15,000,000.00)
(30,000,000.00) (36,000,000.00) (29,000,000.00)
1,500,000.00 1,200,000.00 550,000.00

(39,200,000.00) (42,800,000.00) (43,450,000.00)

131,246,440.24 165,445,686.90 202,484,052.70

- - -

131,246,440.24 165,445,686.90 202,484,052.70

131,246,440.24 165,445,686.90 202,484,052.70

20,000,000.00 20,000,000.00 20,000,000.00
(26,350,000.00) (26,350,000.00) (26,350,000.00)
(6,350,000.00) (6,350,000.00) (6,350,000.00)
124,896,440.24 159,095,686.90 196,134,052.70
124,896,440.24 159,095,686.90 196,134,052.70
 Year-I Year - II Year - III
% %
GROWTH RATIOS:
Sales Growth, Sales%
Total Assets Growth, %
Total Liabilities Growth, %

PROFITABILITY RATIOS:

Gross Margin, Composite %

Operating Profit Margin, %
Interest Expense to Sales, %
Operating Margin, %
Net Margin, %
Return on Assets, %
Return on Equity, %
Cash Withdrawal/Dividend Payout Rate, %

COVERAGE RATIOS:
Interest Coverage (EBIT/Total Interest)
Debt Ser. Coverage(EBITDA/Total Interest +CMLTD)

LIQUIDITY RATIOS:

Quick Ratio (X)

Current Ratio (X)

LEVERAGE RATIOS:

Total Liabilities/ Net Worth (X)

Year-IV Year-V
%