Mr.

X financials ASSUMPTIONS
31-Mar-17 31-Mar-18 31-Mar-19 31-Mar-20 31-Mar-21
Sources of Fund
Equity 3,00,000
Debt 2,00,000
Total 5,00,000
Debt Repament Schedule

Opening balance - 1,50,000 1,00,000 50,000 -

Add: Loan taken 2,00,000 - - - -
Less: Loan repaid 50,000 50,000 50,000 50,000 -
Closing Balance 1,50,000 1,00,000 50,000 - -
Interest 10% 20,000 15,000 10,000 5,000 -
Fixed Asset Schedule

Life of the asset ( In year) 5

Depreciation 1,00,000

Opening balance - 4,00,000 3,00,000 2,00,000 1,00,000

Add: Purchase Fixed asset( Car) 5,00,000 - - - -
Less: Sell of Fixed asset - - - - -
Less: Depreciation 1,00,000 1,00,000 1,00,000 1,00,000 1,00,000
Closing balance 4,00,000 3,00,000 2,00,000 1,00,000 -

Particulars
KM cars driven km 10% 60,000 66,000 72,600 79,860 87,846
Revenue share per km from Ola Rs./km 5% 10 11 11 12 12
Petrol Expense Rs./km 4% 4 4 4 4 5
Maintenance Expense Rs./P.a 10% 50,000 55,000 60,500 66,550 73,205
MCD charges Rs./P.a 2% 70,000 71,400 72,828 74,285 75,770

Debtor Month 1
Income Tax 10%
Mr. X financials Profit & Loss
31-Mar-17 31-Mar-18 31-Mar-19 31-Mar-20 31-Mar-21
Revenue 6,00,000 6,93,000 8,00,415 9,24,479 10,67,774
COGS( Cost of good sold) 2,40,000 2,74,560 3,14,097 3,59,327 4,11,070

Gross Profit 3,60,000 4,18,440 4,86,318 5,65,153 6,56,704

Indirect Expense
Maintenance Expense 50,000 55,000 60,500 66,550 73,205
MCD Expense 70,000 71,400 72,828 74,285 75,770
Total Direct Expense 1,20,000 1,26,400 1,33,328 1,40,835 1,48,975

EBITDA 2,40,000 2,92,040 3,52,990 4,24,318 5,07,729

Less :Depreciation & Amortization 1,00,000 1,00,000 1,00,000 1,00,000 1,00,000

EBIT 1,40,000 1,92,040 2,52,990 3,24,318 4,07,729

Less: Interest 20,000 15,000 10,000 5,000 -

EBT 1,20,000 1,77,040 2,42,990 3,19,318 4,07,729

Less:Tax 12,000 17,704 24,299 31,932 40,773

PAT 1,08,000 1,59,336 2,18,691 2,87,386 3,66,956

Mr. X financials Balance Sheet
31-Mar-17 31-Mar-18 31-Mar-19 31-Mar-20 31-Mar-21
Equity & Liabilities
Equity
Share Capital 3,00,000 3,00,000 3,00,000 3,00,000 3,00,000
Reserve & Surplus 1,08,000 2,67,336 4,86,027 7,73,414 11,40,370
Total Equity 4,08,000 5,67,336 7,86,027 10,73,414 14,40,370

Liablities
Debt @ 10% 1,50,000 1,00,000 50,000 - -

Total Equity & Liablities 5,58,000 6,67,336 8,36,027 10,73,414 14,40,370

Assets
Current Asset
Sundry Debtors 50,000 57,750 66,701 77,040 88,981
Cash 1,08,000 3,09,586 5,69,326 8,96,374 13,51,388
Total Current Aseet 1,58,000 3,67,336 6,36,027 9,73,414 14,40,370

Fixed Asset
Car 4,00,000 3,00,000 2,00,000 1,00,000 -

Total Asset 5,58,000 6,67,336 8,36,027 10,73,414 14,40,370

Check - - - - -
Mr. X financials Cash flow statement
31-Mar-17 31-Mar-18 31-Mar-19 31-Mar-20 31-Mar-21
Operating Activities
PAT 1,08,000 1,59,336 2,18,691 2,87,386 3,66,956
Add: Non Cash Charges
Depreciation& Amortisation 1,00,000 1,00,000 1,00,000 1,00,000 1,00,000
Add : Items to be consider Other Activity
Interest 20,000 15,000 10,000 5,000 -
Impact before working capital changes 2,28,000 2,74,336 3,28,691 3,92,386 4,66,956
Debtors (50,000) (7,750) (8,951) (10,339) (11,941)
Cash flow from Operating Activities 1,78,000 2,66,586 3,19,740 3,82,048 4,55,015

Investment Activities
Capex( Car Purchased) (5,00,000) - - - -
Cash flow from Investing Activities (5,00,000) - - - -

Financing Activities
Interest Paid (20,000) (15,000) (10,000) (5,000) -
Loan Repayment (50,000) (50,000) (50,000) (50,000) -
Loan Taken 2,00,000 - - - -
Share Capital 3,00,000 - - - -
Cash flow from Financing Activities 4,30,000 (65,000) (60,000) (55,000) -

Opening Balance - 1,08,000 3,09,586 5,69,326 8,96,374

Cash Generated During the Year 1,08,000 2,01,586 2,59,740 3,27,048 4,55,015
Closing balance of Cash 1,08,000 3,09,586 5,69,326 8,96,374 13,51,388