RAJ SHOES HOUSE

(PROPRIETOR: RAJKUMAR GUPTA)

COST OF PROJECT AND MEANS OF FINANCE

Source of Fund Amount Project Cost Amount

Owners Margin 50,000.00 Trading Goods 3,48,928.00
Bank Term Loan 5,50,000.00 Furnitures & Fixtures 2,01,072.00
Other Administrative Expenses 50,000.00
Total 6,00,000.00 Total 6,00,000.00

Tenor 5 Years
Interest Rate 11.05%
Equal Principle Repayment 1,10,000.00
 RAJ SHOES HOUSE
(PROPRIETOR: RAJKUMAR GUPTA)

DSCR INTEREST COMPUTATION

Particulars Ist Year IInd Year IIIrd Year IVth Year Vth Year
Estimated Projected Projected Projected Projected
A Opening Balance 5,50,000.00 4,40,000.00 3,30,000.00 2,20,000.00 1,10,000.00
B Add: Drawings - - - - -
C Less: Repayment 1,10,000.00 1,10,000.00 1,10,000.00 1,10,000.00 1,10,000.00
D Closing Balance 4,40,000.00 3,30,000.00 2,20,000.00 1,10,000.00 -
E Average Balance 7,70,000.00 6,05,000.00 4,40,000.00 2,75,000.00 1,10,000.00
F Int. @11.05% 60775.00 48620.00 36465.00 24310.00 12155.00
 RAJ SHOES HOUSE
(PROPRIETOR: RAJKUMAR GUPTA)

COMPUTATION OF DEPRECIATION

Particulars Furnitures & Fixtures

Dep. Rate 10%
Amt. (Rs.)
Opening Balances -
Cost Price 2,01,072.00
Dep. 1st Year 15,080.00
WDV 1st Year 1,85,992.00

Op. WDV 1,85,992.00

Dep. 2nd Year 18,599.00
WDV 2nd Year 1,67,393.00

Op. WDV 1,67,393.00

Dep. 3rd Year 16,739.00
WDV 3rd Year 1,50,654.00

Op. WDV 1,50,654.00

Dep. 4th Year 15,065.00
WDV 4th Year 1,35,589.00

Op. WDV 1,35,589.00

Dep. 5th Year 13,559.00
WDV 5th Year 1,22,030.00
 RAJ SHOES HOUSE
(PROPRIETOR: RAJKUMAR GUPTA)

PROJECTED PROFITABILITY STATEMENT

Particulars Ist Year IInd Year IIIrd Year IVth Year Vth Year
Estimated Projected Projected Projected Projected
(A) By Sales 26,00,000.00 29,00,000.00 32,00,000.00 36,00,000.00 38,00,000.00
By Closing Stock 8,00,000.00 9,00,000.00 11,10,000.00 13,00,000.00 14,00,000.00
Total (A) 34,00,000.00 38,00,000.00 43,10,000.00 49,00,000.00 52,00,000.00

(B) Direct & Indirect Exps.

By Opening Stock 4,50,000.00 8,00,000.00 9,00,000.00 11,10,000.00 13,00,000.00
By Purchase of Goods 25,00,000.00 25,00,000.00 28,50,000.00 31,50,000.00 32,20,000.00
By Salary to Staff 60,000.00 60,000.00 84,000.00 84,000.00 84,000.00
By Staff Welfare Expenses 8,500.00 9,500.00 11,000.00 12,500.00 14,000.00
By General Expenses 12,000.00 14,000.00 16,000.00 18,000.00 19,500.00
By Other Administrative Exps. 21,000.00 25,000.00 26,000.00 28,500.00 30,000.00
Total (B) 30,51,500.00 34,08,500.00 38,87,000.00 44,03,000.00 46,67,500.00
(A-B) 3,48,500.00 3,91,500.00 4,23,000.00 4,97,000.00 5,32,500.00

(C) Earning Before Intt. & Dep. (A-B) 3,48,500.00 3,91,500.00 4,23,000.00 4,97,000.00 5,32,500.00
Less: Intt. on Term Loan 60,775.00 48,620.00 36,465.00 24,310.00 12,155.00
Less: Depreciation 15,080.00 18,599.00 16,739.00 15,065.00 13,559.00
Earning After Intt. & Dep. 2,72,645.00 3,24,281.00 3,69,796.00 4,57,625.00 5,06,786.00
 RAJ SHOES HOUSE
(PROPRIETOR: RAJKUMAR GUPTA)

PROJECTED BALANCE SHEET

Particulars Ist Year IInd Year IIIrd Year IVth Year Vth Year
Estimated Projected Projected Projected Projected
LIABILITIES
1 Proprietor Capital 5,62,570.00 7,65,215.00 9,69,496.00 11,95,292.00 14,72,917.00
Add: Net Profit During the Year 2,72,645.00 3,24,281.00 3,69,796.00 4,57,625.00 5,06,786.00
Add: Margin Money Capitalised 50,000.00 - - - -
8,85,215.00 10,89,496.00 13,39,292.00 16,52,917.00 19,79,703.00
Less: Drawings 1,20,000.00 1,20,000.00 1,44,000.00 1,80,000.00 2,40,000.00
Closing Balance 7,65,215.00 9,69,496.00 11,95,292.00 14,72,917.00 17,39,703.00

2 Term Loan 5,50,000.00 4,40,000.00 3,30,000.00 2,20,000.00 1,10,000.00

3 Cash Credit Limit - - - - -
4 Other Provision 1,50,000.00 1,65,000.00 2,50,000.00 1,90,000.00 2,00,000.00

Total 14,65,215.00 15,74,496.00 17,75,292.00 18,82,917.00 20,49,703.00

ASSETS
1 Fixed Asstes
Gross Block 2,01,072.00 1,85,992.00 1,67,393.00 1,50,654.00 1,35,589.00
Less: Depreciation 15,080.00 18,599.00 16,739.00 15,065.00 13,559.00
Net Block 1,85,992.00 1,67,393.00 1,50,654.00 1,35,589.00 1,22,030.00
2 Current Asstes
Closing Stock 8,00,000.00 9,00,000.00 11,10,000.00 13,00,000.00 14,00,000.00
Sundry Debtors 15,600.00 2,50,000.00 3,50,000.00 4,00,000.00 5,00,000.00
Loans & Advances - - - - -
Other Investment - - - - -
3 Cash & Bank Balances 4,63,623.00 2,57,103.00 1,64,638.00 47,328.00 27,673.00
Total 14,65,215.00 15,74,496.00 17,75,292.00 18,82,917.00 20,49,703.00
 RAJ SHOES HOUSE
(PROPRIETOR: RAJKUMAR GUPTA)

PROJECTED CASH FLOW STATEMENT

Particulars Ist Year IInd Year IIIrd Year IVth Year Vth Year
Estimated Projected Projected Projected Projected
(A) SOURCES OF FUND
Cash Accrual from Operation 2,87,725.00 3,42,880.00 3,86,535.00 4,72,690.00 5,20,345.00
(Net Profit+Depreciation)
Opening Cash Capitalised 1,12,570.00
Margin Money Capitalised 50,000.00 - - - -
Term Loan from Bank 5,50,000.00 - - - -
Cash Credit from Bank - - - - -

Total (A) 10,00,295.00 3,42,880.00 3,86,535.00 4,72,690.00 5,20,345.00

(B) APPLICATION OF FUND
Fixed Assets Purchased 2,01,072.00 - - - -
Decrease in Term Loan - 1,10,000.00 1,10,000.00 1,10,000.00 1,10,000.00
Increase in Investment - - - - -
Increase in Current Assets 3,65,600.00 3,34,400.00 3,10,000.00 2,40,000.00 2,00,000.00
Decrease in Current Liabilities -1,50,000.00 -15,000.00 -85,000.00 60,000.00 -10,000.00
Drawings 1,20,000.00 1,20,000.00 1,44,000.00 1,80,000.00 2,40,000.00
Total (B) 5,36,672.00 5,49,400.00 4,79,000.00 5,90,000.00 5,40,000.00

(C) OPENING BALANCE - 4,63,623.00 2,57,103.00 1,64,638.00 47,328.00

(D) NET SURPLUS (A-B) 4,63,623.00 -2,06,520.00 -92,465.00 -1,17,310.00 -19,655.00

CLOSING (C+D) 4,63,623.00 2,57,103.00 1,64,638.00 47,328.00 27,673.00

 RAJ SHOES HOUSE
(PROPRIETOR: RAJKUMAR GUPTA)

RATIO ANALYSIS

Particulars Ist Year IInd Year IIIrd Year IVth Year Vth Year
Estimated Projected Projected Projected Projected
(A) Net Profit Ratio
Net Profit x 100 2,72,645.00 3,24,281.00 3,69,796.00 4,57,625.00 5,06,786.00
Net Sale 26,00,000.00 29,00,000.00 32,00,000.00 36,00,000.00 38,00,000.00

Net Profit Ratio (A) 10.49 11.18 11.56 12.71 13.34

(B) Current Ratio

Current Assets 12,79,223.00 14,07,103.00 16,24,638.00 17,47,328.00 19,27,673.00
Current Liabilites 1,50,000.00 1,65,000.00 2,50,000.00 1,90,000.00 2,00,000.00

Current Ratio (B) 8.53 8.53 6.50 9.20 9.64

(C) Quick Ratio

Quick Assets 4,79,223.00 5,07,103.00 5,14,638.00 4,47,328.00 5,27,673.00
Current Liabilities 1,50,000.00 1,65,000.00 2,50,000.00 1,90,000.00 2,00,000.00

Quick Ratio (C) 3.19 3.07 2.06 2.35 2.64

(D) Debt Service Coverage Ratio

Net Operating Income 3,48,500.00 3,91,500.00 4,23,000.00 4,97,000.00 5,32,500.00
Deb Service Coverage 1,70,775.00 1,58,620.00 1,46,465.00 1,34,310.00 1,22,155.00

Debt Service Coverage Ratio (D) 2.04 2.47 2.89 3.70 4.36