WASAY LABORATORIES

PROJECTED STATEMENT OF FINANCIAL POSITION

AS AT JUNE 30, 2024 TO 2026

Projected Projected Projected Actual

2026 2025 2024 2023
Note (Rupees) (Rupees) (Rupees) (Rupees)

ASSETS

NON-CURRENT ASSETS
Property, Plant and Equipment 3 18,548,006 18,600,275 18,777,257 14,659,750
(at cost less accumulated depreciation)

CURRENT ASSETS
Store and spares 4 818,789 711,009 644,431 528,222
Stock in trade 5 8,821,219 8,401,161 8,001,105 7,143,844
Trade Receivables 837,375 761,250 725,000 386,000
Advances, deposits and other receivable 6 201,507 177,902 153,245 126,428
Cash and Bank Balances 7 2,793,786 2,592,028 1,670,669 891,291
13,472,675 12,643,349 11,194,450 9,075,785

32,020,682 31,243,624 29,971,707 23,735,535

CAPITAL AND LIABILITIES

CAPITAL ACCOUNT

Proprietors Capital Account 13,500,000 13,500,000 13,500,000 13,500,000

Retained Earnings 8 4,308,804 2,593,465 1,189,517 671,843
17,808,804 16,093,465 14,689,517 14,171,843

CURRENT LIABILITIES

Trade Creditors 10,460,603 9,962,479 8,663,025 8,250,500

Provision for Taxation 1,173,960 978,176 815,249 662,722
Creditors, Accrued Expenses and other Liabilities 9 883,981 822,838 723,916 650,470
Bank Loans 10 1,693,333 1,693,333 1,693,333 -
14,211,878 13,456,826 11,895,523 9,563,692

NON CURRENT LIABILITIES

Long term borrowings 11 - 1,693,333 3,386,667
- 1,693,333 3,386,667 -

32,020,682 31,243,624 29,971,707 23,735,535

- - - -

The annexed notes form an integral part of these accounts

PROPRIETOR
 WASAY LABORATORIES
PROJECTED STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDING JUNE 30, 2024 TO 2026

Projected Projected Projected Actual

2026 2025 2024 2023
Note (Rupees) (Rupees) (Rupees) (Rupees)

Sales 12 78,264,018 65,211,739 54,349,956 44,181,486

Cost of Sales 13 62,738,517 52,033,491 43,441,483 35,779,927
GROSS PROFIT 15,525,501 13,178,248 10,908,473 8,401,559

OPERATING EXPENSES

Administrative Expenses 14 5,554,713 4,553,797 3,858,552 3,236,324

Financial charges 15 220,133 626,533 1,057,933 23,560
5,774,846 5,180,330 4,916,485 3,259,884
OPERATING PROFIT FOR THE YEAR 9,750,655 7,997,917 5,991,988 5,141,675

Other Income - - - -
NET PROFIT BRFORE TAX 9,750,655 7,997,917 5,991,988 5,141,675

Provision for income tax ( Turnover tax ) 1.50% 1,173,960 978,176 815,249 662,722

NET PROFIT AFTER TAX 8,576,695 7,019,741 5,176,739 4,478,953

The annexed notes form an integral part of these accounts

PROPRIETOR
 FOR THE YEAR ENDING JUNE 30, 2024 TO 2026
PROJECTED CASH FLOW STATEMENT
FOR THE YEAR ENDING JUNE 30, 2024 TO 2026

Projected Projected Projected Actual

2026 2025 2024 2023
(Rupees) (Rupees) (Rupees) (Rupees)
Cash Inflow/Outflow from Operating Activities
Profit before adjustments 8,576,695 7,019,741 5,176,739 4,478,953

Adjustments of non cash items:

Depreciation 1,952,269 1,836,981 1,882,494 1,462,250
1,952,269 1,836,981 1,882,494 1,462,250
Operating profit before working capital changes 10,528,964 8,856,722 7,059,232 5,941,203

Changes in Working Capital:

(Increase)/Decrease in Current Assets
Store and spares (107,780) (66,578) (116,209) (528,222)
Stock in trade (420,058) (400,055) (857,261) (7,143,844)
Trade Receivables (76,125) (36,250) (339,000) (386,000)
Advances, deposits and other receivable (23,605) (24,657) (26,817) (126,428)
(627,568) (527,540) (1,339,287) (8,184,494)
Increase/(Decrease) in Current Liabilities
Trade Creditors 498,124 1,299,454 412,525 8,250,500
Provision for Taxation 1,173,960 978,176 815,249 662,722
Bank Loans - - 1,693,333
Creditors, Accrued Expenses and other Liabilities 61,144 98,922 73,446 650,470
1,733,228 2,376,552 2,994,553 9,563,692

Tax Paid (978,176) (815,249) (662,722) -

(978,176) (815,249) (662,722) -

Net Cash Flow from Operating Activities 10,656,447 9,890,485 8,051,776 7,320,401

Cash Inflow/(Outflow) from Investing Activities

Purchase of Fixed Assets (1,900,000) (1,660,000) (6,000,000) (16,122,000)
Net Cash used in Investing Activities (1,900,000) (1,660,000) (6,000,000) (16,122,000)

Cash Inflow/(Outflow) from Financing Activities

Capital Introduced - - - 13,500,000
Long term bowworings (1,693,333) (1,693,333) 3,386,667
Drawings (6,861,356) (5,615,793) (4,659,065) (3,807,110)
Net Cash used in Financing Activities (8,554,689) (7,309,126) (1,272,398) 9,692,890

Total Cash Inflow / (Outflow) during the Year 201,758 921,359 779,378 891,291

Cash and Cash Equivalent at the Beginning of the Year 2,592,028 1,670,669 891,291 -

Cash and Cash Equivalent at the End of the Year 2,793,786 2,592,028 1,670,669 891,291

PROPRIETOR
 WASAY LABORATORIES
NOTES TO THE PROJECTED ACCOUNTS
FOR THE YEAR ENDING JUNE 30, 2024 TO 2026

1. STATUS AND NATURE OF BUSINESS

"WASAY LABORATORIES" is a sole proprietorship engaged in trading business.

2. SIGNIFICANT ACCOUNTING POLICIES

The following accounting policies have been adopted in preparation of theses financial statements:

2.1 Accounting Convention

These financial statements have been prepared under the historical cost convention expected as other wise
stated in the respective policies and notes given hereunder.
These financial statements have been prepared in Pakistani Rupees, which is the proprietorship's functional
currency. All financial informations presented in Rupees has been rounded to the nearest Rupee, except when
otherwise indicated.

2.2 Significant Accounting Estimates and Judgements

The preparation of financial statements in conformity with the Accounting and Financial reporting Standards
for Medium- Sized entities issued by the Institute of Chartered Accountants Of Pakistan requires management
to make judgments, estimates and assumptions that affect the application of policies and reported amounts of
assets and liabilities, income and expenses. The estimates and associated assumption are based on historical
experiences and various other factors that are belived to be reasonable under the circumstances, the result of
which form the basis of making the judgments about carrying values of assets and liabilities that are not
readily apparent form other sources. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognized in the period in which estimates are revised.
Significant areas requiring use of management estimates in these financial statements relate to the useful life
of depreciable, provision for doubtful receivable and slow moving inventory. However, assumptions and
judgments made my management in the application accounting policies that have significant effect on the
financial statements are not expected to results in material adjustment to the carrying amounts of assets and
liabilities in the next year.

2.3 Property, Plant and Equipment

These are stated at cost less accumulated depreciation and impairment losses, if any. Cost comprises
acquisition and other directly attributable costs. The asset is capitalized on the basis of probability of inflow of
future economic benefits and the reliability of the cost measurement.

Depreciation is provided by using reducing balance method and charged to Statement of Comprehensive
Income to write off the depreciable amount of each asset over its useful life at the rates specified in the note 3 .
Depreciation is calculated on the annual basis. Full year depreciation is charged in the year of acquisition and
no depreciation is charged in the year of disposal.

Maintenance and normal repairs are charged to income as and when incurred; major renewals and
improvements are capitalized. Gains or losses on disposal or retirement of fixed assets, if any are taken to the
Statement of Comprehensive Income for the year.
 The organization reviews the useful life and residual value of property, plant & equipment on regular basis.
Any change in estimates in respect of future years might affect the carrying value of the asset along with the
depreciation amount.

2.4 Trade and other receivables

Trade and other receivables are carried at original invoice amount less provision for impairment. Known bad
debts are written off, while provisions are made against debts considered doubtful based on review of
outstanding amount at the end of the year.

2.5 Trade and other payable

Liabilities for trade and other payables are carried at cost which is the fair value of the consideration to be paid
in the future for goods and services received.

2.6 Revenue recognition

Revenue is recognized when goods are dispatched to the customers.

2.7 Borrowing Cost

Borrowing cost are recognized as an expenses in the period they are incurred. Borrowing costs that are directly
attributable to the acquisition, construction or production of a qualifying asset are capitalised as a part of the
asset.

2.8 Provision
Provisions are recognized when the proprietorship has a present legal or constructive obligation as a result of
past events, it is probable that an outflow of resources embodying economic benefits will be required to settle
the obligation and a reliable estimate can be made. Provisions are reviewed at each balance sheet date and
adjusted to reflect the best estimates.

2.9 Cash and cash equivalents

Cash and cash equivalents comprise cash in hand and at banks. Cash equivalents are highly liquid investments
that are readily convertible to known amounts of cash and which are subject to insignificant risk of changes in
value.
3. PROPERTY, PLANT AND EQUIPMENT

C O S T D E P R E C I A T I O N W.D.V.

RATE %
PARTICULARS AS AT ADDITIONS/ AS AT UP TO FOR THE UP TO AS AT
01-07-2025 (DELETION) 30-06-2026 01-07-2025 YEAR 30-06-2026 30-06-2026

Land (Lease Hold) 2,000,000 - 2,000,000 0 - - - 2,000,000

Factory Building 2,000,000 - 2,000,000 5 285,250 85,738 370,988 1,629,013
Plant & Machinery 6,425,000 - 6,425,000 10 1,578,725 484,628 2,063,353 4,361,648
Electric Installations 845,000 675,000 1,520,000 20 412,360 221,528 633,888 886,112
Generator 950,000 - 950,000 10 216,950 73,305 290,255 659,745
Fire Fighting Equipments 90,000 - 90,000 10 24,390 6,561 30,951 59,049
Telephone Equipments 25,000 - 25,000 10 6,775 1,823 8,598 16,403
Office Equipments 1,955,000 750,000 2,705,000 10 441,650 226,335 667,985 2,037,015
Transport/Vehicle 2,941,500 2,941,500 10 797,147 214,435 1,011,582 1,929,918
Weighing Scales 18,500 - 18,500 10 5,014 1,349 6,362 12,138
Computer 285,000 250,000 535,000 33 199,283 110,787 310,069 224,931
Fork Lifter 425,000 - 425,000 10 94,925 33,008 127,933 297,068
Furniture and Fixture 710,000 150,000 860,000 10 145,385 71,462 216,847 643,154
Loose Tools 32,000 75,000 107,000 10 8,672 9,833 18,505 88,495
Vehicle and Machinery 5,080,000 5,080,000 10 965,200 411,480 1,376,680 3,703,320

2026 (Rupees) Projected 23,782,000 1,900,000 25,682,000 5,181,725 1,952,269 7,133,994 18,548,006
2025 (Rupees) Projected 22,122,000 1,660,000 23,782,000 3,344,744 1,836,981 5,181,725 18,600,275
3. PROPERTY, PLANT AND EQUIPMENT

C O S T D E P R E C I A T I O N W.D.V.

RATE %
PARTICULARS AS AT ADDITIONS/ AS AT UP TO FOR THE UP TO AS AT
01-07-2024 (DELETION) 30-06-2025 01-07-2024 YEAR 30-06-2025 30-06-2025

Land (Lease Hold) 2,000,000 - 2,000,000 0 - - - 2,000,000

Factory Building 2,000,000 - 2,000,000 5 195,000 90,250 285,250 1,714,750
Plant & Machinery 5,475,000 950,000 6,425,000 10 1,040,250 538,475 1,578,725 4,846,275
Electric Installations 845,000 - 845,000 20 304,200 108,160 412,360 432,640
Generator 950,000 - 950,000 10 135,500 81,450 216,950 733,050
Fire Fighting Equipments 90,000 - 90,000 10 17,100 7,290 24,390 65,610
Telephone Equipments 25,000 - 25,000 10 4,750 2,025 6,775 18,225
Office Equipments 1,520,000 435,000 1,955,000 10 273,500 168,150 441,650 1,513,350
Transport/Vehicle 2,941,500 - 2,941,500 10 558,885 238,262 797,147 2,144,354
Weighing Scales 18,500 - 18,500 10 3,515 1,499 5,014 13,487
Computer 285,000 - 285,000 33 157,064 42,219 199,283 85,717
Fork Lifter 425,000 - 425,000 10 58,250 36,675 94,925 330,075
Furniture and Fixture 435,000 275,000 710,000 10 82,650 62,735 145,385 564,615
Loose Tools 32,000 - 32,000 10 6,080 2,592 8,672 23,328
Vehicle and Machinery 5,080,000 5,080,000 10 508,000 457,200 965,200 4,114,800

2025 (Rupees) Projected 22,122,000 1,660,000 23,782,000 3,344,744 1,836,981 5,181,725 18,600,275
2024 (Rupees) Projected 16,122,000 6,000,000 22,122,000 1,462,250 1,882,494 3,344,744 18,777,257
3. PROPERTY, PLANT AND EQUIPMENT

C O S T D E P R E C I A T I O N W.D.V.

RATE %
PARTICULARS AS AT ADDITIONS/ AS AT UP TO FOR THE UP TO AS AT
01-07-2023 (DELETION) 30-06-2024 01-07-2023 YEAR 30-06-2024 30-06-2024

Land (Lease Hold) 2,000,000 - 2,000,000 0 - - - 2,000,000

Factory Building 2,000,000 - 2,000,000 5 100,000 95,000 195,000 1,805,000
Plant & Machinery 5,475,000 - 5,475,000 10 547,500 492,750 1,040,250 4,434,750
Electric Installations 845,000 - 845,000 20 169,000 135,200 304,200 540,800
Generator 450,000 500,000 950,000 10 45,000 90,500 135,500 814,500
Fire Fighting Equipments 90,000 - 90,000 10 9,000 8,100 17,100 72,900
Telephone Equipments 25,000 - 25,000 10 2,500 2,250 4,750 20,250
Office Equipments 1,350,000 170,000 1,520,000 10 135,000 138,500 273,500 1,246,500
Transport/Vehicle 2,941,500 - 2,941,500 10 294,150 264,735 558,885 2,382,615
Weighing Scales 18,500 - 18,500 10 1,850 1,665 3,515 14,985
Computer 285,000 - 285,000 33 94,050 63,014 157,064 127,937
Fork Lifter 175,000 250,000 425,000 10 17,500 40,750 58,250 366,750
Furniture and Fixture 435,000 - 435,000 10 43,500 39,150 82,650 352,350
Loose Tools 32,000 - 32,000 10 3,200 2,880 6,080 25,920
Vehicle and Machinery 5,080,000 5,080,000 10 - 508,000 508,000 4,572,000

2024 (Rupees) Projected 16,122,000 6,000,000 22,122,000 1,462,250 1,882,494 3,344,744 18,777,257
2023 (Rupees) Actual - 16,122,000 16,122,000 - 1,462,250 1,462,250 14,659,750
3. PROPERTY, PLANT AND EQUIPMENT

C O S T D E P R E C I A T I O N W.D.V.

RATE %
PARTICULARS AS AT ADDITIONS/ AS AT UP TO FOR THE UP TO AS AT
01-07-2022 (DELETION) 30-06-2023 01-07-2022 YEAR 30-06-2023 30-06-2023

Land (Lease Hold) 2,000,000 2,000,000 0 - - 2,000,000

Factory Building 2,000,000 2,000,000 5 100,000 100,000 1,900,000
Plant & Machinery 5,475,000 5,475,000 10 547,500 547,500 4,927,500
Electric Installations 845,000 845,000 20 169,000 169,000 676,000
Generator 450,000 450,000 10 45,000 45,000 405,000
Fire Fighting Equipments 90,000 90,000 10 9,000 9,000 81,000
Telephone Equipments 25,000 25,000 10 2,500 2,500 22,500
Office Equipments 1,350,000 1,350,000 10 135,000 135,000 1,215,000
Transport/Vehicle 2,941,500 2,941,500 10 294,150 294,150 2,647,350
Weighing Scales 18,500 18,500 10 1,850 1,850 16,650
Computer 285,000 285,000 33 94,050 94,050 190,950
Fork Lifter 175,000 175,000 10 17,500 17,500 157,500
Furniture and Fixture 435,000 435,000 10 43,500 43,500 391,500
Loose Tools 32,000 32,000 10 3,200 3,200 28,800

2023 (Rupees) Actual - 16,122,000 16,122,000 - 1,462,250 1,462,250 14,659,750

 FOR THE YEAR ENDING JUNE 30, 2024 TO 2026
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDING JUNE 30, 2024 TO 2026

Projected Projected Projected Actual

2026 2025 2024 2023
Note (Rupees) (Rupees) (Rupees) (Rupees)

4 STORES AND SPARES

Electric Store 62,110 54,009 49,099 40,245
Machinery Units 98,155 85,352 77,593 63,600
Spares & Accessories 48,645 42,300 38,454 31,520
Petrol, Oil & Lubricants 43,632 37,941 34,492 28,272
Building Material 21,181 18,419 16,744 13,725
Printing & Stationery 64,130 55,765 50,695 41,554
Loose Tools 44,447 38,650 35,136 28,800
General Consumable Stores 104,139 90,556 82,324 67,478
Furniture & Fixture 18,412 16,011 14,555 11,930
Chemical Store 225,342 195,949 178,136 146,013
Hard Ware 55,011 47,835 43,487 35,645
Sanitary & Plumbing 33,585 28,223 23,717 19,440
818,789 711,009 644,431 528,222

5 STOCK IN TRADE
Raw material 2,775,898 2,643,712 2,517,821 2,248,055
Packing materials 1,147,564 1,092,918 1,040,875 929,352
Work-in-Process 1,567,427 1,492,788 1,421,703 1,269,378
Finished Goods 3,330,329 3,171,742 3,020,706 2,697,059
8,821,219 8,401,161 8,001,105 7,143,844

6 ADVANCES, DEPOSITS & OTHER RECEIVABLES

Staff advances 68,313 62,103 52,188 41,750
Advance to Supplier 114,032 96,638 81,896 65,517
Security and Advances - (Electricity and Gas) 19,161 19,161 19,161 19,161
201,507 177,902 153,245 126,428

7 CASH AND BANK BALANCES

Cash in hand and at Bank 2,793,786 2,592,028 1,670,669 891,291
2,793,786 2,592,028 1,670,669 891,291

8 RETAINED EARNINGS
Opening Balance 2,593,465 1,189,517 671,843 -
Profit for the year 8,576,695 7,019,741 5,176,739 4,478,953
11,170,160 8,209,258 5,848,582 4,478,953

Less: Drawings (6,861,356) (5,615,793) (4,659,065) (3,807,110)

4,308,804 2,593,465 1,189,517 671,843

9 CREDITORS, ACCRUED EXPENSES & OTHER LIABILITIES

Sundry Creditors 708,828 663,607 617,762 555,690
Accrued Expense 175,153 159,230 106,154 94,780
883,981 822,838 723,916 650,470
883,981 822,838 723,916 650,470

10 Bank Loans due with in 1 year

Loan liability due within 1 year Annex 1 1,693,333 1,693,333 1,693,333
1,693,333 1,693,333 1,693,333 -

11 Long term bowworings

Loan liability due > 1 year Annex 1 - 1,693,333 3,386,667 -
- 1,693,333 3,386,667 -
12 SALES
Sales of Medicine
Local 79,445,937 66,204,947 55,170,789 44,854,300
79,445,937 66,204,947 55,170,789 44,854,300
Sale of Waste - - - -
79,445,937 66,204,947 55,170,789 44,854,300
Less: Selling Commission 1,181,918 993,209 820,834 672,815
78,264,018 65,211,739 54,349,956 44,181,486

13 COST OF SALES
Raw Material Consumed 36,120,041 29,606,591 24,468,257 20,055,948
Salaries, Wages & Other Benefits 7,733,873 6,444,894 5,326,359 4,438,632
Electricity, Gas & Water 2,531,425 2,109,521 1,743,406 1,465,047
Stores & Spares 1,514,243 1,251,440 1,034,248 869,116
Packing Material 6,451,021 5,421,026 4,517,522 3,764,601
Factory Overheads 13.1 6,435,646 5,363,038 4,469,198 3,724,332
Depreciation 1,952,269 1,836,981 1,882,494 1,462,250
62,738,517 52,033,491 43,441,483 35,779,927

13.1 FACTORY OVERHEAD

Traveling & Conveyance 57,758 48,132 40,110 33,425
Vehicle Running Expenses 942,866 785,722 654,768 545,640
Entertainments 951,849 793,207 661,006 550,838
Freight & Octroi 111,257 92,714 77,262 64,385
Repair & Maintenance Assets 382,061 318,384 265,320 221,100
Factory Rent 3,335,386 2,779,488 2,316,240 1,930,200
E.O.B.I/ESSI 310,874 259,062 215,885 179,904
Advertisement 343,596 286,330 238,608 198,840
6,435,646 5,363,038 4,469,198 3,724,332
 WASAY LABORATORIES
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDING JUNE 30, 2024 TO 2026

Projected Projected Projected Actual

2026 2025 2024 2023
Note (Rupees) (Rupees) (Rupees) (Rupees)

14. ADMINISTRATIVE EXPENSES

Director Expenses 544,734 461,639 391,219 326,016

Newspaper & Periodicals 5,445 4,614 3,910 3,286
Vehicles Running Expenses 534,998 453,388 384,227 322,880
Printing , Stationery & Office Supplies 285,228 241,719 204,847 172,140
Fee & Subscription 223,755 189,623 160,698 135,040
Telephone, Postage & Telegram 92,418 78,321 66,373 55,776
Computer Hardware 145,994 123,724 104,851 88,110
Office Exp & Repair 3,030,425 2,424,340 2,054,525 1,726,492
Miscellaneous 640,870 534,059 452,592 377,160
Charity / Zakat Expenses 50,845 42,371 35,309 29,424
5,554,713 4,553,797 3,858,552 3,236,324

15. FINANCIAL EXPENSES

Bank Charges & Commission Annex 1 220,133 626,533 1,057,933 23,560

220,133 626,533 1,057,933 23,560

16. GENERAL
-- Figures have been rounded off to the nearest rupee.

-- Figures of the previous year have been re-arranged and regrouped whereever necessary for the purpose of comparison.

PROPRIETOR
 WASAY LABORATORIES
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDING JUNE 30, 2024 TO 2026

Annexure I: Bank Loan

Vehicle and Machinery

price 5,080,000 Body Fabrication 0.00
Net price 5,080,000 customer share, 10% 0.00
Principal Rate yearly rental Per month rental
5,080,000 0.09 457,200 38,100
Total Number Principal repayment per
of months 36 month 141,111

Total quarterly Principal repayment/ total installemt amount

Qtr No. Rental Share purchased by to be repayed by the Principal outstanding
Customer part the client customer

1 101,600 141,111 242,711 4,938,889

2 98,778 141,111 239,889 4,797,778 Financial charges
3 95,956 141,111 237,067 4,656,667 Year 1 1,032,933
4 93,133 141,111 234,244 4,515,556 Year 2 626,533
5 90,311 141,111 231,422 4,374,444 Year 3 220,133
6 87,489 141,111 228,600 4,233,333 Total 1,879,600
7 84,667 141,111 225,778 4,092,222
8 81,844 141,111 222,956 3,951,111 Loan Liability
9 79,022 141,111 220,133 3,810,000 Year 1
10 76,200 141,111 217,311 3,668,889 <1 Yr 1,693,333
11 73,378 141,111 214,489 3,527,778 >1 Yr 3,386,667
12 70,556 141,111 211,667 3,386,667 5,080,000
13 67,733 141,111 208,844 3,245,556 Year 2
14 64,911 141,111 206,022 3,104,444 <1 Yr 1,693,333
15 62,089 141,111 203,200 2,963,333 >1 Yr 1,693,333
16 59,267 141,111 200,378 2,822,222 3,386,667
17 56,444 141,111 197,556 2,681,111 Year 3
18 53,622 141,111 194,733 2,540,000 <1 Yr 1,693,333
19 50,800 141,111 191,911 2,398,889 >1 Yr -
20 47,978 141,111 189,089 2,257,778 1,693,333
21 45,156 141,111 186,267 2,116,667
22 42,333 141,111 183,444 1,975,556
23 39,511 141,111 180,622 1,834,444
24 36,689 141,111 177,800 1,693,333
25 33,867 141,111 174,978 1,552,222
26 31,044 141,111 172,156 1,411,111
27 28,222 141,111 169,333 1,270,000
28 25,400 141,111 166,511 1,128,889
29 22,578 141,111 163,689 987,778
30 19,756 141,111 160,867 846,667
31 16,933 141,111 158,044 705,556
32 14,111 141,111 155,222 564,444
33 11,289 141,111 152,400 423,333
34 8,467 141,111 149,578 282,222
35 5,644 141,111 146,756 141,111
36 2,822 141,111 143,933 0
1,879,600 5,080,000 6,959,600

Processing chrges 25,000

Total Financial charges 1,904,600