Project Financing

Description
Total Equity (10%)
Bank Loan (90% )
Markup to the Borrower (%age/annum)
Tenure of the Loan (Years)
Grace period (Year)

Capital Investment
Renovation Cost
Furniture & fixtures
Machinery & Equipment
Advance Rent and Gas Security Deposit (GSD)
Preliminary Expenses
Total Capital Cost
Initial Working Capital
Total Project Cost

ancing
Details
219,936
1,979,428
8%
8
1

Amount (Rs.)
233,000
181,250
933,500
505,000
25,000
1,877,750
321,615
2,199,365

Space Requirement (in ft.)

Kitchen and preparation
Store
Front desk /reception
Waiting area
Total Area

Area (Sqft)
350
100
25
25
500

Cost of renovation Amount Rs.

175,000
30,000
20,500
7,500
233,000

Sr No

Description
1
2
4
5
6
7
8
9
10
11

Freezers (12 cf.)

Broast Machine
Deep Well Fryer
Hot Plate
Bin Marry Soup Container
Potato Cutter
Peeler
Microwave
Generator 1.5 kva
Keg rack and others

Total

No of units
2
1
1
1
1
1
1
1
1
2

Cost per unit Rs.

40,000.00
615,000.00
40,000.00
33,000.00
50,000.00
3,500.00
7,000.00
10,000.00
75,000.00
10,000.00

Total cost Rs.

80,000.00
615,000.00
40,000.00
33,000.00
50,000.00
3,500.00
7,000.00
10,000.00
75,000.00
20,000.00
933,500.00

Description
Dining Table Square
Chairs (Standard 14)
Kitchen Cutlery Set
Dining Cutlery
Hot Water Geyser Large
Lights / CFLs
Wall Lights (Large)/ Tube lights
Portable Emergency Light
Working tables/counter
Counter Chairs
Office Counter & Chair Set
Waiting chairs for Customers

Total

Quantity

Cost (RS)
10
40
2
60
1
15
6
4
1
2
1
4

3,500.00
1,500.00
2,500.00
150.00
20,000.00
250.00
750.00
2,500.00
15,000.00
1,500.00
10,000.00
1,500.00

Amount (RS)
35,000.00
60,000.00
5,000.00
9,000.00
20,000.00
3,750.00
4,500.00
10,000.00
15,000.00
3,000.00
10,000.00
6,000.00
181,250.00

Description
Owner Manager
Kitchen Supervisor
Cook
Servers
Dishwasher
Cleaner

Total Staff

No of Employees
1
1
3
3
1
1
10

Salary Per Month (RS)

28,000.00
15,000.00
12,000.00
10,000.00
10,000.00
10,000.00

Total Monthly Salary (RS)

28,000.00
15,000.00
36,000.00
30,000.00
10,000.00
10,000.00
129,000.00

Item Description
Chicken Broast (Qtr.)
Chicken Broast (Half)
Chicken Broast (Full)
Chicken Burger
Chicken Cheese Burger
Beef Burger
Beef Cheese Burger
Zinger Burger
Chicken Sandwich
Egg Sandwich
Beef Sandwich
Club Sandwich
Hot & Sour Soup (2 Servings)
Hot & Sour Soup (4 Servings)
Chicken Corn Soup (2 servings)
Chicken Corn Soup (4 Servings)
Plain Rice
Chicken Fried Rice
Vegetable Fried Rice
Egg Fried Rice
Beef Fried Rice
Beef Chili (w/o rice)
Chicken Chili (w/o rice)
French Fries (per plate)
Cole Slaw
Soft Drinks (Large)
Soft Drinks (Regular 250ml)
Total Sales Revenue

Sales Price (Rs/Unit)

145.00
290.00
550.00
120.00
140.00
100.00
120.00
140.00
120.00
100.00
110.00
140.00
150.00
280.00
150.00
280.00
100.00
160.00
110.00
130.00
150.00
230.00
250.00
50.00
25.00
80.00
20.00

First Year Sales (No)

4,320.00
2,880.00
1,440.00
4,320.00
3,600.00
3,600.00
3,600.00
4,320.00
3,600.00
1,440.00
720.00
3,600.00
1,440.00
720.00
1,440.00
720.00
720.00
2,880.00
1,080.00
720.00
720.00
1,440.00
1,800.00
1,440.00
1,440.00
2,160.00
74,880.00

First Year Sales Revenue (Rs)

626,400.00
835,200.00
792,000.00
518,400.00
504,000.00
360,000.00
432,000.00
604,800.00
432,000.00
144,000.00
79,200.00
504,000.00
216,000.00
201,600.00
216,000.00
201,600.00
72,000.00
460,800.00
118,800.00
93,600.00
108,000.00
331,200.00
450,000.00
72,000.00
36,000.00
172,800.00
1,497,600.00
10,080,000.00

Desription
Utilities
Salaries
Raw Material
Rent
Total

Utilities
Monthly Charges (Rs.)

Description
Electricity
Gas
Water
Telephone
Total

35,000
22,000
3,000
3,000
63,000

Days
30
30
6
30

Charges (Rs.)
63,000
129,000
87,115
42,500
321,615

Projected Income Statement ( Rs)

Year 1

Year 2

Year 3

Revenue

10,080,000.00

11,289,600.00

12,644,352.00

Net Sales

10,080,000.00
6,110,642.00
1,548,000.00
756,000.00
8,414,642.00
1,665,358.00

11,289,600.00
6,843,919.04
1,702,800.00
831,600.00
9,378,319.04
1,911,280.96

12,644,352.00
7,665,189.32
1,873,080.00
914,760.00
10,453,029.32
2,191,322.68

510,000.00
360,000.00
5,000.00
134,775.00
21,004.00
1,030,779.00
634,579.00

561,000.00
396,000.00
5,000.00
121,297.50
18,903.00
1,102,200.50
809,080.46

617,100.00
435,600.00
5,000.00
109,167.75
17,013.00
1,183,880.75
1,007,441.93

158,354.24
476,224.76
7,623.00
468,601.76
39,050.15

150,411.00
658,669.46
25,867.00
632,802.46
52,733.54

132,166.00
875,275.93
53,792.00
821,483.93
68,456.99

Raw Material Cost

Labour & Salaries
Utilities
Cost Of Sales
Gross Profit
General Administrative and Selling Expenses
Rent Expenses
Office & Miscellaneous Expenses
Amortization Expenses
Depreciation Expense
Maintenance Expense
Subtotal
Operating Income
Financial Charges (8% per annum)
EBIT
Tax
Net Profit
Monthly Profit After Tax

Year 4

Year 5

Year 6

14,161,674.24

15,861,075.15

17,764,404.17

14,161,674.24
8,585,012.04
2,060,388.00
1,006,236.00
11,651,636.04
2,510,038.20

15,861,075.15
9,615,213.49
2,266,426.80
1,106,859.60
12,988,499.89
2,872,575.26

678,810.00
479,160.00
5,000.00
98,250.98
15,312.00
1,276,532.98
1,233,505.22

746,691.00
527,076.00
5,000.00
88,425.88
13,781.00
1,380,973.88
1,491,601.38

112,408.00
1,121,097.22
90,665.00
1,030,432.22
85,869.35

91,009.00
1,400,592.38
132,589.00
1,268,003.38
105,666.95

Year 7

Year 8

Year 9

19,896,132.67

22,283,668.59

24,957,708.82

17,764,404.17
10,769,039.11
2,493,069.48
1,217,545.56
14,479,654.15
3,284,750.02

19,896,132.67
12,061,323.80
2,742,376.43
1,339,300.12
16,143,000.34
3,753,132.32

22,283,668.59
13,508,682.66
3,016,614.07
1,473,230.13
17,998,526.86
4,285,141.73

24,957,708.82
15,129,724.58
3,318,275.48
1,620,553.14
20,068,553.19
4,889,155.62

821,360.10
579,783.60

903,496.11
637,761.96

993,845.72
701,538.16

1,093,230.29
771,691.97

79,583.29
12,403.00
1,493,129.99
1,791,620.03

71,624.96
11,162.00
1,624,045.03
2,129,087.29

64,462.46
10,046.00
1,769,892.34
2,515,249.39

58,016.22
9,041.00
1,931,979.48
2,957,176.14

67,835.00
1,723,785.03
192,258.00
1,531,527.03
127,627.25

42,737.00
2,086,350.29
264,771.00
1,821,579.29
151,798.27

15,556.00
2,499,693.39
347,440.00
2,152,253.39
179,354.45

2,957,176.14
461,795.00
2,495,381.14
207,948.43

Year 10
27,952,633.88
27,952,633.88
16,945,291.52
3,650,103.03
1,782,608.45
22,378,003.00
5,574,630.87
1,202,553.32
848,861.17
52,214.60
8,137.00
2,111,766.09
3,462,864.78

3,462,864.78
588,218.00
2,874,646.78
239,553.90

Projected Statement of Cash Flows (Rs

Cash Flow From Operating Activities
Net Profit
Add: Depreciation Expense
Amortization Expense
(Increase) / Decrease in RM Inven
Net Cash Flow From Operations
Cash Flow From Financing Activities
Receipt of Long Term Debt
Repayment of Long Term Debt
Owner's Equity
Net Cash Flow From Financing Activities
Cash Flow From Investing Activities
Construction Cost
Office Furniture
Equip & M/C
Advance Rent
Preliminary Expenses
Raw Material Inventory
Net Cash Flow From Investing Activities
NET CASH FLOW
Cash at the Beginning of the Period
Cash at the End of the Period

Year 0

Year 1
468,601.76
134,775.00
5,000.00
10,454
597,922.96

Year 2

Year 3

632,802.46
121,297.50
5,000.00
11,708.26
747,391.70

821,483.93
109,167.75
5,000.00
13,113.25
922,538.43

219,811.00

238,055.00

219,811.00

238,055.00

527,580.70
832,421.96
1,360,002.66

684,483.43
1,360,002.66
2,044,486.09

1,979,428.00
219,936.00
2,199,364.00
233,000.00
181,250.00
933,500.00
505,000.00
25,000.00
87,115.00
1,964,865.00
234,499.00
234,499.00

597,922.96
234,499.00
832,421.96

Year 4

Year 5

Year 6

Year 7

Year 8

Year 9

1,030,432.22
98,250.98
5,000.00
14,686.84
1,118,996.36

1,268,003.38
88,425.88
5,000.00
16,449.26
1,344,980.00

1,531,527.03
79,583.29

1,821,579.29
71,624.96

2,152,253.39
64,462.46

2,495,381.14
58,016.22

18,423.17
1,592,687.15

20,633.95
1,872,570.30

23,110.02
2,193,605.83

25,883.22
2,527,514.13

257,814.00

279,212.00

302,386.00

327,484.00

354,665.00

257,814.00

279,212.00

302,386.00

327,484.00

354,665.00

861,182.36
2,044,486.09
2,905,668.45

1,065,768.00
2,905,668.45
3,971,436.46

1,290,301.15
3,971,436.46
5,261,737.61

1,545,086.30
5,261,737.61
6,806,823.91

1,838,940.83
6,806,823.91
8,645,764.74

2,527,514.13
8,645,764.74
11,173,278.88

Year 10
2,874,646.78
52,214.60
28,989.21
2,897,872.17

2,897,872.17
11,173,278.88
14,071,151.05

Particulars
Sales Increase
Increase in Cost of Raw Materials
Increase in Staff Salaries
Increase in Utilities (Electricity / Water / Gas
Increase in Rent
Increase in Office Expenses
Debt / Equity Ratio
Depreciation
o Plant Building
o Machinery & Equipment
o Office Furniture & Equipment
Machine Annual Maintenance Cost
Raw Material Inventory
Loan Period
Loan Grace Period
Loan Installments
Financial Charges (Loan Rate)
Tax Rate

Assumptions
12%
12%
10%
10%
10%
10%
90:10:00
10 % per annum (Diminishing Balance)
10 % per annum (Diminishing Balance)
10 % per annum (Diminishing Balance)
2.5% of Written Down Value
05 days
8 Years
1 Year
Monthly
8%
Tax rates for non-salaried individuals

Loan Data
Original Principal
1,979,428.00
Loan Term (Years)
7
Annual Interest Rate
8.00%
Payments per Year
12
Payment
$30,851.79
Month
0
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35

Payment
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79

Interest
13,196.19
13,078.48
12,959.99
12,840.72
12,720.64
12,599.77
12,478.09
12,355.60
12,232.29
12,108.16
11,983.20
11,857.41
11,730.78
11,603.31
11,474.98
11,345.81
11,215.77
11,084.86
10,953.08
10,820.42
10,686.88
10,552.45
10,417.12
10,280.89
10,143.75
10,005.69
9,866.72
9,726.82
9,585.98
9,444.21
9,301.50
9,157.83
9,013.20
8,867.61
8,721.05

Principal
17,655.60
17,773.31
17,891.80
18,011.07
18,131.15
18,252.02
18,373.70
18,496.19
18,619.50
18,743.63
18,868.59
18,994.38
19,121.01
19,248.48
19,376.81
19,505.98
19,636.02
19,766.93
19,898.71
20,031.37
20,164.91
20,299.34
20,434.67
20,570.90
20,708.04
20,846.10
20,985.07
21,124.97
21,265.80
21,407.58
21,550.29
21,693.96
21,838.59
21,984.18
22,130.74

Balance
1,979,428.00
1,961,772.40
1,943,999.09
1,926,107.30
1,908,096.22
1,889,965.07
1,871,713.05
1,853,339.35
1,834,843.16
1,816,223.65
1,797,480.02
1,778,611.43
1,759,617.05
1,740,496.05
1,721,247.56
1,701,870.76
1,682,364.77
1,662,728.75
1,642,961.82
1,623,063.11
1,603,031.74
1,582,866.83
1,562,567.49
1,542,132.81
1,521,561.91
1,500,853.87
1,480,007.77
1,459,022.70
1,437,897.73
1,416,631.92
1,395,224.35
1,373,674.05
1,351,980.09
1,330,141.50
1,308,157.32
1,286,026.58

36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79

30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
30,851.79

8,573.51
8,424.99
8,275.48
8,124.97
7,973.46
7,820.93
7,667.39
7,512.83
7,357.24
7,200.61
7,042.93
6,884.21
6,724.42
6,563.58
6,401.65
6,238.65
6,074.57
5,909.38
5,743.10
5,575.71
5,407.20
5,237.57
5,066.81
4,894.91
4,721.87
4,547.67
4,372.30
4,195.77
4,018.07
3,839.18
3,659.09
3,477.81
3,295.31
3,111.60
2,926.67
2,740.50
2,553.09
2,364.44
2,174.52
1,983.34
1,790.88
1,597.14
1,402.11
1,205.78

22,278.28
22,426.80
22,576.31
22,726.82
22,878.33
23,030.86
23,184.39
23,338.96
23,494.55
23,651.18
23,808.86
23,967.58
24,127.36
24,288.21
24,450.14
24,613.14
24,777.22
24,942.41
25,108.69
25,276.08
25,444.59
25,614.22
25,784.98
25,956.88
26,129.92
26,304.12
26,479.48
26,656.01
26,833.72
27,012.61
27,192.70
27,373.98
27,556.47
27,740.18
27,925.12
28,111.29
28,298.69
28,487.35
28,677.27
28,868.45
29,060.91
29,254.65
29,449.68
29,646.01

1,263,748.30
1,241,321.50
1,218,745.19
1,196,018.37
1,173,140.04
1,150,109.18
1,126,924.79
1,103,585.83
1,080,091.28
1,056,440.10
1,032,631.24
1,008,663.66
984,536.30
960,248.08
935,797.95
911,184.81
886,407.59
861,465.18
836,356.49
811,080.41
785,635.83
760,021.61
734,236.63
708,279.75
682,149.83
655,845.71
629,366.22
602,710.21
575,876.49
548,863.87
521,671.18
494,297.20
466,740.72
439,000.54
411,075.42
382,964.13
354,665.44
326,178.08
297,500.82
268,632.36
239,571.46
210,316.81
180,867.13
151,221.13

80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123

30,851.79
30,851.79
30,851.79
30,851.79
30,851.79
-

1,008.14
809.18
608.90
407.28
204.32
-

29,843.65
30,042.61
30,242.89
30,444.51
30,647.47
-

121,377.48
91,334.87
61,091.98
30,647.47
0.00
-

124
125
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127
128
129
130
131
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133
134
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148
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150
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152
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154
155
156
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158
159
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161
162
163
164
165
166
167

168
169
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181
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183
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200
201
202
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204
205
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207
208
209
210
211

212
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