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Course Instructor: Group Members: Abdul Qayyum Rushda Sohail Muhammad Zaigham Program: Session: (07) (16) (18) Mr. Javaid Iqbal
2009-2011
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Dedication
We dedicate this entire work to our beloved parents and teachers who cooperate with us at each and every stage of life, and provide us shades to protect us from harmness of difficulties in life after the Almighty Allah.
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Preface
The Important Pillar Of Commerce Education in Bahawalpur, the Department of Commerce has always tried to make its students be familiar with the different techniques in the field of Project Appraisal so that they can understand & present the concepts of Project Appraisal in the todays world of progress & development. The importance of principal work almost exists in every professional field. Practical knowledge makes man a technical person who enables to do every work efficiently regarding his profession. The very distributive feature of the degree of Business Administration is that it stresses more on the practical aspects of study especially the 3rd semester. Our teachers have extremely realized this importance & they use all the tacts to expose us to the real field circumstances.
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Project Appraisal has become a common phenomenon now-a-days. We have tried our level best to fulfill the requirements of the topic. Every effort has been made to incorporate all the available means of information to make this assignment comprehensive and fruitful.
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ACKNOWLEDGEMENT
The Creator of this Universe, Almighty Allah, we with the supreme preference pay thanks to him for having being us in this universe as a human and most importantly a Muslim. We would like to pay our special regards and thanks to Respected Mr. Javaid Iqbal who provides us guidance at each and every step, in completion of this report. Special thanks to Mr. Mian Shokat(CEO, Fast Cables Lahore) & Mr. Mian Safdar (Production Manager, Fast Cables Lahore), Mr. Abid (Administration Manager Fast Cables Lahore) Mr. Amjad (Quality Assurance Manager, Newage Cables Lahore ). These all grand personalities help us to complete our project in time and help us on every turn of confusion.
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Our Mission is to make people aware of high quality cables, by providing uncompromising quality to our consumers; we intend to make ZeeQ Cables the #1 Pakistani Cable manufacturers on a national scale, and later on the international platform as well.
TABLE OF CONTENTS
Serial #
1
Topic Description
Executive Summary
Page #
9
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2 3 4 5 6 7 8 9 10 11 12 13 14 15
Introduction of Company Market Analysis Technical Analysis Personnel Analysis Financial Analysis Assumption Underlying Statements Loan Amortization Schedule Estimated Income Statements Estimated Balance Sheet Estimated Cash Flows Financial Ratios & Commentary SWOT Analysis Recommendations Conclusions
14 21 26 35 37 38 40 41 42 43 44 45 46 47
Executive Summary
Project appraisal on the Cable Manufacturing
Before going to brief details of the project appraisal it is hereby given some projected highlights of the company in the form of Executive Summary.
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LOCATION OF PROJECT
A start of the business required some experienced techniques to prepare the initial report, however with the help of our respected sir we, the student of MSc A/F 3rd Semester have been able to utilize the knowledge acquired from our respected teacher as well as from outside environment. We have selected the business of Cable Manufacturing with the hope and determination that it will grow over the years because it have lot of potential in the future market. This is also a challenging project and will be the test of our hidden qualities. ZeeQ CABLES is registered firm established with the objective of making a Power Cables in Industrial Area, district Bahawalpur and also to meet the power cables demand of the housing projects and industrial units in the local area as well as in the whole country with leading mission to export the products in foreign as well. Electric cables play an important role in current lives of human beings, because a lot of facilities used by humans are electrically equipped. When we comes to power cables, it really ease the living pattern of humans by transferring electricity from one place to another. We are going to produce three kinds of electric cables i.e. Single Core (240mm2), Double Core (10mm2) and Three Core (50mm2). Growth of sale is very important for our firm, we will be producing at 70% capacity in the started production year followed by 80% and 90% in coming years respectively of the total 100% production. The production estimates by utilizing 100% capacity of the three power cables is as under in the meters in following table;
A B C
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We will purchase imported plant machinery from local dealers, because in Pakistan there are local dealers available who sell that imported plant to local customers. Plant Machinery will reached at site at Oct 15, 2011. Our plant machinery installed on 30 Nov 2011. It will start its commercial operation on January 1st 2012.
Financial Highlights
2012
Gross Margin (%) Operating Margin (%) Net Margin (%) Current Ratio in times Equity Ratio Debt Service Coverage Ratio
2013
17.6% 5.5% 2.2% 1.20 16.2%
2014
17.6% 5.5% 2.3% 1.27 21.1%
5.7
8.1
10.2
Means of Finance
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There are two types of means of finance. One is from sponsors contribution and other is taking debt from Bank. The ratio of debt and equity is of 60:40.
MEANS OF FINANCE Debt Habib Bank Ltd Total Debt Equity Paid-up Capital (Sponsors) TOTAL EQUITY In Rs("000") 212379.3604 212379.3604 212379.3604
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60 : 40 40.00%
Name of Sponsors
The sponsors of the project are professionally qualified and have valuable and extensive experience of business management regarding. They have good trading contacts and market reputations in the city. The project faces no problems in terms of marketing its products. The sponsors experience would assist the firm in its smooth and profitable operation. The sponsors are financially sound and capable to contribute their part of the equity in the proposed scheme. The managing partner of the firm has vast experience in the managing of this industrial organization
SR.NO. NAME STATUS MSC Accounting & Finance
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1. 2. 3.
Wire drawing Stranding machine 61 bobbins Stranding machine 7 bobbins Extruder small Extruder large Testing machine small Testing machine large Laying machine
Address:
31 b Model Town N Block Lahore Pakistan
Implementation Schedule
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Feasibility Report on ZeeQ Cables Pakistan The project is expected to be implemented within 6 months from the date of the submission of the proposal to the bank. The details of the activities along with time required are given as under:
ZeeQ Cables Pakistan IMPLEMENTATION SCHEDULE S.NO. 1 2 3 4 5 6 7 8 9 ACTIVITIES Acquiring of Land & leveling Engineering studies and designing of civil work Order for local machinery Construction of building and civil work Arrival of local machinery at site Erection and installation of machinery Order for raw materials Trial run Start of commercial production Start Complete Start Complete Start Complete Start Complete Start Complete MONTH 1st Jan 30th Jan 2nd Feb 10th Mar 15th Sep 1st Apr 30th Sep 15th Oct 20th Oct 30th Nov 20th Nov 10th Dec 25th Dec 1st Jan YEAR 2011 2011 2011 2011 2011 2011 2011 2011 2011 2011 2011 2011 2011 2012
Sponsors stake is 40% and IRR is 43% of the project with a pay back period of 2 Years. Our feasibility shows us there is the great potential in this project, we have a good profitability ratio with increasing trend , and we also have a pay back period which is 2 years, its means we will recover our whole investment after the 2 years, and after the recovery period the chances of growth are very high. We hope our commercial production will start in 1st January 2012,if all the work has been done according to our prepared schedule.
Introduction Of Company
The proposed company ZeeQ Cables Pakistan will do a private business. Initially there will be three sponsors of the company which are the partners of Department of Commerce MSC Accounting & Finance
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Feasibility Report on ZeeQ Cables Pakistan the company also. The company will do a legal business with the compliance of corporate rules and regulations of Pakistan; profit earned by the company will be distributed among the members of the company. ZeeQ Cables Pakistan will produce three kinds of electric cables i.e. Single Core (240mm2), Double Core (10mm2) and Three Core (50mm2).The company will produce will be producing at 70% capacity in te started production year followed by 80% and 90% in coming years respectively of the total 100% production.
Products of Company
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Feasibility Report on ZeeQ Cables Pakistan Over the last years the potential and scope of power cables has increased due to new industrial structures, improvement in the technology and the preferably the investment in the real state like in housing projects etc.
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Feasibility Report on ZeeQ Cables Pakistan to health and property. ZeeQ Cables will alleviate all these problems and will offers VALUE RETURN to its customers in short and long term.
Open Communication
We value communications that are courteous and open and that enables each of us to do our jobs more effectively by providing information that contributes to the quality of our judgment and decision making. Effective communication should provide the means for gaining understanding of the companys overall objectives and plans and of the thinking behind them.
Innovation
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Feasibility Report on ZeeQ Cables Pakistan Success requires us to continually strive to produce break through ideas that result in improved solutions and services to customers. We encourage challenges to the status quo and seek organizational environment s in which ideas are generated, nurtured and developed.
Financial Plan
The critical energy crisis in the country is going to be worse and worse, recently our visit to National Bank operational manager, he stated to us that the State Bank of Pakistan announced a policy not to issue the project loans in current situation, because it will have a downside effect on the existing industries of the company. However in order to complete our assignment we came to know the terms and conditions of the project financing from Habib Bank and decided to take loan from this bank according to agreed terms and conditions. MEANS OF FINANCE Debt Habib Bank Ltd Total Debt Equity Paid-up Capital (Sponsors) TOTAL EQUITY In Rs("000") 212379.3604 212379.3604 212379.3604
141586.2403
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Land
The proposed land required is in the Industrial area of Bahawalpur Multan Road which is heart of the different industries sector in this area having G.T road side advantages. Our total area of the land is 110 marlas having 29920 Sqr feets with 130 feet width (front) and 230 feet length.
Rs ("000")
Description
Marlas
Unit Cost
Total Cost
Land
110
100,000
11,000
Registration
110
1%
1,000
110
Stamp Duty District Council corporation Fee Development and leveling Charges
110
2%
2,000
220
110
1%
1,000
110
110
5%
5,000
550
TMO Fee
110
2%
2,000
220
111,000
12,210
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Building
The contractor of our building and civil work Mr.Umar Draz describe us there will be a boundary wall of having 8 height one side struck pointing and from other side pluster.It has 2 feet high iron angles on top of walls with barbered wire. Administration block will be constructed on the basis of modern combined hall having separated offices with glasses wall. In other areas there is manufacturing section combined with interlink gates following by stores and open uncovered area.
Rate Per Unit 2100 2100 2100 2100 2100 900 1100 1800 400 1,800 2100
Unit of
Covered Marla 5 9 10 15 15 5 3 6 22 20 area 1,360 2,448 2,720 4,080 4,080 1,360 816 1,632 5,984 5,440 720
Rs ("000") Total Cost 2856 5140.8 5712 8568 8568 1224 897.6 2937.6 2393.6 9792 1512
Description Wire Drawing Section Stranding Section Extrusion Section Raw Material Store Finish Goods Store Work shop Labortary Administration Block Open Area Parking Area Boundary Walls Total Cost of Building and Civil Works
Building RCC RCC RCC RCC RCC RCC RCC RCC Open area RCC RCC
Construction Square feet Square feet Square feet Square feet Square feet Square feet Square feet Square feet Square feet Square feet Square feet(720)
110
30640
49,602
The manufacturing Section will be constructed with the point kept in mind that there is vibration create during running of the machinery so the wall will have 18 inches width to protect the building from this effect. Department of Commerce MSC Accounting & Finance
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Implementation Schedule
The acquiring and leveling of land will be as according to schedule is on 1st of Jan 2011 and all related work complete on the 30th of Jan 2011. Engineering studies and designing of civil work started from 1st Feb 2011 and be in finished situation at 10th of March 2011. The order for required machinery for proper working of plant made at 15 Sep 2011 and the MAchinary arrived at 15 Oct 2011.The errection and installation complete on 20 Oct 2011.Construction of building and civil works completed at 1st April 2011. The order of raw material made at 20Nov 2011 and after its proper storage and control the trial run durated from 10th to 25th of Dec 2011,finally the commercial production will start from the right beginning of the year 2012 i.e. 1st Jan.
Market Analysis
The demand of power cables is not altered by the direct effect of the economic condition of country and is relatively consistent over the years due to the establishment and repair work of the industries and construction of the new residential projects irrespective of the fact that the economic condition of the country is not good for the last 5 years or so.There are thousands of products in the cable industry, our specifications consist of three products and demand for these products is very complicated to measure. However the industry trend about these products is very positive and according to Fast Cables and Newage Cables Lahore the demand of these products is very high.
Future Potential
The current electricity crisis have brought down the domestic demand of power cables, however according to the future trends as the electricity shortfall is promised to be balanced the demand of power cables will increase to some high extent.
Growing Demand
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Supply and Demand of Electricity in Pakistan Supply and Demand Position: 2008-2015 (MW)
2008 Existing Generation 15,903 2009 15,903 2010 15,903 2011 15,903 2012 15,903 2013 15,903 2014 15,903 2015 15,903
530
4,235
7,226
10,115
10,556
13,307
13,520
14,607
16,484
20,138
23,129
26,018
26,459
29,210
29,423
30,510
13,146
16,110
18,503
20,814
21,167
23,368
23,538
24,408
16,484
17,868
19,352
20,874
22,460
24,126
25,919
28,029
-3,338
-1,758
-849
-60
-1,293
-758
-2,381
-3,621
Source: Private Power and Infrastructure Board - Govt. of Pakistan. This statistical report about energy crises in Pakistan tell us that the generation of the electricity is lower as compare to the consumption, so due to this our sale of the cables will effect, and if we go toward the world market , that tell us about growing demand of the electricity cables ,there are some statistical figure about the world demand of cables and its consumption
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We analyze that there is the % changes of production in the world market, now we see the consumption pattern in the cables , after it we will go to the decision whether we should go toward world market or not ?
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There is the demand of cables in the world market, and we hope so we will enter in the world market as a reliable and quality manufacturer
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Target Market
Our consumers cannot be specified as we will serve everyone who uses electricity. However, our customers will mainly contractors, architects, consultants, and general people who are constructing their own houses/offices as well. Our customers will also include large factories that will purchase our product for the effective and efficient running of their machinery. Sugar, Textile, Cement, Oil, Aviation, and Telecommunication industries are only a few of the many that will choose our products due to our superior quality and affordability.
Price of Products
240mm2 3,050
10mm2 400
50mm2 1,940
Cost Price
1,623
368
1,256
Profit
1,427
32
682
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Distribution Channel
Direct to business
Factory
Distributor
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Export Dealers
Technical Analysis
Retailer
The emergence of new technology is always being welcomed with both hands in every sector of the industry, as far as the cable manufacturing machinery is concerned the latest machines are being developed in different countries like china, India, Italy etc for the purpose of reducing the per unit cost and to improve the efficiency of manufacturing process.
Machines Involved
Wire Drawing:
The basic purpose of this machine is to reduce the size of large copper rods in order to meet the requirement of required copper rod sizes for the manufacturing of cable conductors.
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Stranding machine:
This machine is used to twist and combine wires of coppers of different sizes for removing the effect of electric flux created during the pass of electricity in the cables.
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Extruder
This machine is used for the covering or insulation of cooper conductor in the presence of PVC (poly vinyl chloride, a material used to protect the copper conductor) for protecting copper conductor which transfer electricity by external environment.
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Testing machine
This machine is used to test the samples of manufactured power cables for their proper conductivity requirement. The capacity or the load a cable can carry is tested at this stage.
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Laying machine
This machine is used for the laying of manufactured cables in roles of required sizes.
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Manufacturing Process
The large size copper rods are bring in initial stage to the wire drawing section for the purpose of reducing their sizes to manufacture the conductors of different required sizes. These copper wires of reduced sizes are then comes to stranding section for the purpose of twisting the the copper wires in order to minimize or cancel the effect of electric magnetic flux that produced during the transfer of electricity. There is a process after twisting involved is testing the conductivity or capacity of cables with the testing machines installed in the quality section or lab. The twisted copper wires are then comes to extruder of relevant size of copper bobbins to insulate or cover these wires with PVC (Poly Vinyl Chloride) in a particularly two type of insulation i.e simple insulation of different cores of cables and sheathing or bedding. The insulated cables then pulled by a large force machine which is called laying machine for transfer of finished cables.
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Stranding Section
Laying Section
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Copper
It is a ductile metal, with very high thermal and electrical conductivity. Pure copper is rather soft and malleable, and a freshly exposed surface has a reddish-orange color. It is used as a thermal conductor, an electrical conductor.
PVC
Polyvinyl chloride is the third most widely produced plastic, after polyethylene and polypropylene.[2] PVC is widely used in construction because it is cheap, durable, and easy to assemble. PVC production is expected to exceed 40 million tons by 2016. PVC is commonly used as the insulation on electric wires; the plastic used for this purpose needs to be plasticized.
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Factory Overhead
The project consist of heavy machinery which requires large capacity of electric connection,so in order to meet the requirement in the absence of electricity there is also a Caterpillar 400 KV generator.
In Rs. ("000")
Power: @ 353/240/KW/Month Insurance: @ 5% of machinery indirect labor cost Maintenance and Depreciation: Machinery depreciation factory building depreciation Maintenance of Building @ 5% of Cost of Building Maintenance of Machinery 5% of the cost Total Fixed Cost Variable Manufacturing Expenses: Fuel Chargers 45 liter/hr Power:@ 18/ 115200units/Month Total Variable Cost 4hours daily
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Personnel Analysis
Management is
the process of coordinating and overseeing the work activities of others so that organizational goals are accomplished efficiently and effectively with and through others people. So to coordinate and evaluate the each department there is need to assign jobs individually, following is the Admn and other Staff for the Project. Total Monthly Salary 100,000 40,000 80,000 25,000 40,000 40,000 72,000 14,000 8,000 7,000 426000
Designation Chairman Personal Secretary Admin Manager Production Manager Selling & Marketing Manager Accounts & Finance Manager Assistants Office Boy Cook Phone Operator Total
No. of Employees 1 1 1 1 1 1 4 2 1 1 10
Monthly Salary 100,000 40,000 80,000 25,000 40,000 40,000 18,000 7,000 8,000 7,000 365000
Annual Salary Rs. ("000") 1,200 480 960 300 480 480 864 168 96 84 5112
Status
Total
Salary
Grand Total
Indirect Labor Work shop Incharge Technician Work shop Helper Laboratary Incharge Laboratary Incharge Assistant Inventory Controller (Raw Material) Inventory Controller (F.Goods) Store Keeper Receptionist Office Boy Gate Keeper Total indirect Labour
2 2 2 1 1 1 1 2 1 2 4 19
20,000 25,000 10,000 30,000 20,000 20,000 20,000 8,000 12,000 7,000 7,000 179,000
40,000 50,000 20,000 30,000 20,000 20,000 20,000 16,000 12,000 14,000 28,000 270,000
Management Commitment
Top management demonstrates its commitment to the development and implementation of the quality management system and continually improving its effectiveness by: Communicating the importance of meeting customer requirements as well as statutory and regulatory requirements. Establishing the quality policy. Review and approve quality objectives. Conducting management reviews.
Customer Focus
Top management, through its internal systems, ensures that customer requirements and needs are determined and are met with the aim of enhancing customer satisfaction.
Financial Analysis
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Feasibility Report on ZeeQ Cables Pakistan The Financial Structure of the project appraisal consisting of the equity provided by the sponsors and the debt provided by the National Bank .
Means of Finance
MEANS OF FINANCE Debt Habib Bank Ltd Total Debt Equity Paid-up Capital (Sponsors) TOTAL EQUITY In Rs("000") 212379.3604 212379.3604 212379.3604
141586.2403
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The amount of debt is provided by Habib Bank limited at the mark up rate of 18% and the remaining portion of the total cost of the project is acquired by Equity participation of the sponsors in which the stake of sponsors is 40%.
Important Assumptions
Some of the important assumption regarding the production, cash flow, expenses, depreciation and financing assumption are listed in the following tables.
Production Assumptions
Maximum Attainable Capacity In Percentage Capacity Utilization (1st Year) In Percentage Production Capacity In Units (70% in first year) Production Capacity Utilization Growth Rate 100% 70% 4284 KM of 3 products 10% per year
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Feasibility Report on ZeeQ Cables Pakistan Accounts Receivables Accounts Payable 10% of sales 30% of Raw Material
Expense Assumptions
Machine Maintenance Pre-Operational Expense Wages Growth Rate 5% of the cost Rs. 14236.40037 5%
Financing Assumptions
Debt Equity Tax Rate 60% 40% 35%
IRR
39%
Payback period
The initial investment will be recovered in the 2 years time period.
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360days
Outstanding Principle 212,379 19,5 39 19,3 27 17,5 85 15,3 76 13,6 77 11,5 32 9,7 69 7,6 88 5,8 62 3,8 65 1,9 54
6/30/2011
12/31/2011
29,202 30,878
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For the year ending Dec 31, Efficiency Assumed : SALES COST OF GOODS SOLD : - Raw Materials Direct Labour Factory overhead Total Manufacturing cost Add: Opening inventory Less: Ending inventory Cost of Goods Sold GROSS PROFIT OPERATING EXPENSES Depriciation on Equipment & Furniture Depriciation on Vahicles Admin & General Expenses Selling Expenses 10% of the sale Total Operating Expenses OPERATING PROFIT NON OPERATING EXPENSES Financial Expenses Amortzn. of Prelim. Exp Workers Welfare Fund Interest on Borrwings Sub-Total PRE-TAX PROFIT Income Tax NET PROFIT 2%
2012 70% 8115800 6205780.26 4548 1391391.76 7601720.02 0 912206.4024 6689513.6 1,426,286
2013 80% 10381900 7092320.297 4775.4 1587371.04 8684466.737 912206.4024 1042136.008 8554537.13 1,827,363
2014 90% 11699400 7978860.335 5014.17 1783350.32 9767224.825 1042136.008 1172066.979 9637294 2,062,106
197 2,036 8590 811580 984,718 441568.0321 79,38 7 2847.280074 8831.360643 102,25 9 193,32 5 248242.9065 248242.9065 86885.01727 161,357.89
197 4,071 9878.5 1038190 1,259,975 567388.3686 71,529 2847.280074 11347.76737 130,812 216,536 350852.0125 350852.0125 122798.2044 228053.8082
197 6,107 11360.275 1169940 1,421,592 640514.221 63,77 8 2847.280074 12810.28442 147,412 226,848 413666.694 413666.694 144783.343 268883.351
0.35
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ASSETS Cash Accounts Receivables(10% of sale) Inventory Raw Material Finished Goods Total Current Assets Plant & Machinery Vahicles Building Furniture & Fixture Office Equipment Less: Acc, Depriciation Net Fixed Assets Land Total Fixed Assets: Preliminary Expenses: Total Assets: LIABILITIES & EQUITY Current Liabilities Account Payable Current borrowings against A/R Interest charges Workers Welfare Fund Dividends Payable Total Current Liabilities: Long-term Liabilities HABIB BAMK LIMITED Total Long-term Liabilities EQUITY provision for bed debts Paid up Capital Add: Retained earnings Total Equity: Total Liabilities & Equity:
(305,663) 811,580 1,551,445 912,206 2,969,569 51,600 13,571 49,602 953 507 9,872 106,360 12,210 118,570 11,389 3,099,528
(179,121) 1,038,190 1,773,080 1,042,136 3,674,285 51,600 13,571 49,602 953 507 19,745 96,488 12,210 108,698 8,542 3,791,525
4,289 1,169,940 1,994,715 1,172,067 4,341,011 51,600 13,571 49,602 953 507 29,617 86,615 12,210 98,825 5,695 4,445,531
1,861,734 568,106 79,387 8,831 80,679 2,598,738 212,379 212,379 169,903 169,903
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Financial Ratios
2012
Gross Margin (%) Operating Margin (%) Net Margin (%)
2013
17.6% 5.5% 2.2%
2014
17.6% 5.5% 2.3%
Our Gross Margin ratio will increase for the upcoming years as we will be producing larger capacity as compare to the production years which will have a direct effect on the operating margin of the company. The operating margin will also increase by efficient production
2012
Current Ratio in times Equity Ratio
2013
2014
1.14 10.7%
1.20 16.2%
1.27 21.1%
The current ratio will be stable during the years as the current assets will be utilized efficiently, a slight decrease is due to the increase in the current liabilities was relatively greater than the current assets, as the profit will increase the equity will also increase to some proportion.
2012
Debt Service Coverage Ratio
2013
2014
5.7
8.1
10.2
In corporate finance, it is the amount of cash flow from operations available to meet annual interest and principal payments on debt. Our ratio is increasing means our operation funds are increasing and are more enough to pay the markup debt. Department of Commerce MSC Accounting & Finance
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SWOT ANALYSIS
The origins of the SWOT analysis model This remarkable piece of history as to the origins of SWOT analysis was provided by Albert S Humphrey, one of the founding fathers of what we know today as SWOT analysis. I am indebted to him for sharing this fascinating contribution. Albert Humphrey died on 31 October 2005.
Strength
Right products, quality and reliability Superior product performance vs competitors Better product life and durability Spare manufacturing capacity Product innovations ongoing
Weaknesses
Customer lists not tested No direct marketing experience We would be a small player
Opportunities
Market developments Technology development and innovation Local competitors have poor products Could extend to overseas Can surprise competitors
Threats
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Recommendations
The 99.9% pure copper cables are preferred in the in usage to eliminate the wastage of electricity. This requires the raw material to be pure especially the copper and the company should capture its market share by having good quality of its cables, providing its customers the confidence that usage will reduce their element of risk in the wastage of electricity and its reliability can make them comfortable while deciding to purchase from the ZeeQ Cables Pakistan.
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Feasibility Report on ZeeQ Cables Pakistan demand of domestic cables can be meet properly woth more efficiency and the exports can be increased as well.
Conclusion
The power cables manufacturing business can contribute in the economy of the country to much extent in the form of employment, availability of power cables locally and can become a leading manufacturer in the global line as well by producing high quality cables to the worldwide customers. Currently we are just focusing on the three types of the power cables, and the feasibility report show us there is the increasing trend in the ratios, and each year we are distributing the 50% our income to the sponsors. Currently the demand of the power cables in the Pakistan is low because the construction of the building and the industry in the Pakistan is going to slump, and we also conclude that the demand of the power cables in the worldwide is very high, and we also saw the production and the consumption of the cables in the worldwide, we hope so in the future we will enter in the world market. In short there are the market potential exists in the world market.
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