PROPRITOR DETAILS

Mrithula Poultry Farm & Vegetables

Chekkala Kizhakkethil, Neeravil,
Perinad P O, Kollam

LOAN DETAILS (AMT IN LACS)

TERM LOAN AMOUNT 7
PERIOD 7
WORKING CAPITAL LOAN 3
REPAYMENT 1
RATE OF INTEREST (W C LOAN) 13.50%
RATE OF INTEREST(TERMLOAN) 13.50%
OWN CAPITAL 2.5

DESCRIPTION YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

OPENING BALANCE 7 6 5 4 3
REPAYMENT (PRINCIPAL) 1 1 1 1 1
CLOSING BALANCE 6 5 4 3 2
AVG BALANCE 6.5 5.5 4.5 3.5 2.5

OPENING STOCK 1.2

OPENING CASH 0.24
RENT DEPOSIT 2
CREDITORS 0
DEBTORS 0

FIXED ASSETS EXISTING ADDITION

SHED 4.5 6
MACHINERY & TOOLS 0 2.75
TOTAL 4.5 8.75

SALES 40.82
PURCHASE 7.1
CLOSING STOCK 4.1

EXPENSES
FERTILIZERS 4.1 ( BASED ON ACTUALS AS PER OWNER
CHICKEN FEED 20.01 DUCK CHICKEN N CHICK
CATTLE FEED 1.32
WAGES 2.88 PURCHASE 30000 560000 80500
BONUS 0.24 SALES 80000 2400000 255000
MISCELLANEOUS 0.5 FOOD 37700 1800000 164250
RENT 1.2 CLOSING 200000 93500
ELECTRICITY 0.65
 1250000
312500

4
6
YEAR 6 YEAR 7
2 1
1 1
1 0
1.5 0.5

ON ACTUALS AS PER OWNER )

CATTLE EGG VEGETABLES

40000
270000 327700
132000
100000 16800
 Mrithula Poultry Farm & Vegetables
Chekkala Kizhakkethil, Neeravil,
Perinad P O, Kollam

PROJECTED PROFITABILITY STATEMENT FOR SEVEN YEARS

( ` in lakhs)
DESCRIPTION YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 6 YEAR 7
INCOME
SALES 40.82 43.68 46.08 48.84 51.38 54.06 56.87
CLOSING STOCK 4.10 4.92 5.90 7.08 8.50 10.20 12.24
TOTAL 44.92 48.60 51.98 55.93 59.89 64.26 69.11

EXPENSE
OPENING STOCK 1.20 4.10 4.92 5.90 7.08 8.50 10.20
RAW MATERIALS 7.10 7.38 7.75 8.14 8.55 8.98 9.42
FERTILIZERS 4.10 4.31 4.52 4.75 4.98 5.23 5.49
CHICKEN FEED 20.01 20.61 21.64 22.72 23.86 25.05 26.30
CATTLE FEED 1.32 1.39 1.46 1.53 1.60 1.68 1.77
WAGES 2.88 3.02 3.18 3.33 3.50 3.78 4.01
BONUS 0.24 0.25 0.26 0.28 0.29 0.31 0.32
MISCELLANEOUS 0.50 0.53 0.55 0.58 0.61 0.64 0.68
RENT 1.20 1.26 1.32 1.39 1.46 1.53 1.61
ELECTRICITY 0.65 0.68 0.72 0.75 0.79 0.86 0.90
DEPRECIATION 1.99 1.69 1.44 1.22 1.04 0.88 0.75
TOTAL EXPENSE 41.19 45.22 47.76 50.59 53.77 57.45 61.46

PROFIT BEFORE INTEREST & TAX (PBIT) 3.73 3.38 4.23 5.33 6.12 6.81 7.65
INTEREST ON TERM LOAN 0.88 0.74 0.61 0.47 0.34 0.20 0.07
INTEREST ON WORKING CAPITAL LOAN 0.41 0.41 0.41 0.41 0.41 0.41 0.41

PROFIT BEFORE TAX (PBT) 2.45 2.23 3.21 4.46 5.38 6.20 7.17
LESS: TAX - - 0.04 0.10 0.21 0.40 0.61

PROFIT AFTER TAX (RETAINED PROFIT) 2.45 2.23 3.18 4.36 5.17 5.80 6.56
CUMULATIVE RETAINED PROFIT 2.45 4.68 7.86 12.22 17.39 23.18 29.74
PBT AS A % OF SALES 6.00 5.11 6.98 9.12 10.47 11.47 12.61
RETAINED PROFIT AS A % OF SALES 6.00 5.11 6.90 8.92 10.06 10.72 11.53
2.51 2.36 2.80 3.44 3.99 4.53 5.28
0.73 0.28 0.66 0.26 0.62 0.53 0.70
15.60 18.72 22.46 26.96
14.30 15.73 17.30 19.03
1.30 2.99 5.16 7.92

40 42 44.1 46.305
41.30 44.99 49.26 54.23
 Mrithula Poultry Farm & Vegetables
Chekkala Kizhakkethil, Neeravil,
Perinad P O, Kollam

PROJECTED CASHFLOW STATEMENT FOR SEVEN YEARS

( ` in lakhs)
DESCRIPTION YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 6 YEAR 7
INFLOW
OPENING CASH /BANK BALANCE 0.24 0.73 0.28 0.66 0.26 0.62 0.53
PBT 2.45 2.23 3.21 4.46 5.38 6.20 7.17
DEPRECIATION 1.99 1.69 1.44 1.22 1.04 0.88 0.75
OWN CAPITAL 2.50 - - - - - -
TERM LOAN 7.00 - - - - - -
WORKING CAPITAL LOAN 3.00 - - - - - -
INCREASE IN SUNDRY CREDITORS 1.00 0.05 0.05 0.06 0.06 0.06 0.06

TOTAL INFLOW 18.18 4.70 4.98 6.39 6.73 7.77 8.52

OUTFLOWS
INCREASE IN FIXED ASSETS 8.75 - - - - - -
INCREASE IN STOCK 2.90 0.82 0.98 1.18 1.42 1.70 2.04
INCREASE IN SUNDRY DEBTORS 2.00 0.20 0.22 0.24 0.27 0.29 0.32
REPAYMENT OF TERM LOAN 1.00 1.00 1.00 1.00 1.00 1.00 1.00
DRAWINGS 2.80 2.40 2.08 3.61 3.22 3.84 3.84
INCOME TAX - - 0.04 0.10 0.21 0.40 0.61

TOTAL OUTFLOW 17.45 4.42 4.32 6.13 6.11 7.24 7.82

CLOSING BALANCE 0.73 0.28 0.66 0.26 0.62 0.53 0.70

1.71 1.83 2.19 2.41 2.86 3.26 3.80

 Mrithula Poultry Farm & Vegetables
Chekkala Kizhakkethil, Neeravil,
Perinad P O, Kollam

STATEMENT SHOWING DEBT SERVICE COVERAGE RATIO FOR SEVEN YEARS

( ` in lakhs)
DESCRIPTION YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 6 YEAR 7
RETAINED PROFIT 2.45 2.23 3.18 4.36 5.17 5.80 6.56
ADD:
DEPRECIATION 1.99 1.69 1.44 1.22 1.04 0.88 0.75
INTEREST ON TERM LOAN 0.88 0.74 0.61 0.47 0.34 0.20 0.07
INTEREST ON WORKING CAPITAL LOAN 0.41 0.41 0.41 0.41 0.41 0.41 0.41
TOTAL (A) 5.72 5.07 5.63 6.45 6.95 7.29 7.78

DEBT SERVICE REQUIREMENTS

REPAYMENT OF TERM LOAN 1.00 1.00 1.00 1.00 1.00 1.00 1.00
INTEREST ON WORKING CAPITAL LOAN 0.88 0.74 0.61 0.47 0.34 0.20 0.07
INTEREST ON TERM LOAN 0.41 0.41 0.41 0.41 0.41 0.41 0.41
TOTAL (B) 2.28 2.15 2.01 1.88 1.74 1.61 1.47

DEBT SERVICE COVERAGE RATIO 2.51 2.36 2.80 3.44 3.99 4.53 5.28

AVERAGE DSCR 3.56

 Mrithula Poultry Farm & Vegetables
Chekkala Kizhakkethil, Neeravil,
Perinad P O, Kollam

PROJECTED BALANCE SHEET FOR SEVEN YEARS

( ` in lakhs)
DESCRIPTION YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 6 YEAR 7
LIABILITIES
OWN FUNDS
OPENING CAPITAL 7.94 10.09 9.92 11.02 11.77 13.72 15.67
ADD : CAPITAL INTRODUCED 2.50
NET PROFIT 2.45 2.23 3.18 4.36 5.17 5.80 6.56
LESS : DRAWINGS 2.80 2.40 2.08 3.61 3.22 3.84 3.84
10.09 9.92 11.02 11.77 13.72 15.67 18.39
LOAN FUNDS
TERM LOAN 6.00 5.00 4.00 3.00 2.00 1.00 0.00
WORKING CAPITAL LOAN 3.00 3.00 3.00 3.00 3.00 3.00 3.00

SUNDRY CREDITORS 1.00 1.05 1.10 1.16 1.22 1.28 1.34

TOTAL 20.09 18.97 19.12 18.92 19.93 20.95 22.73

ASSETS
FIXED ASSETS
GROSS BLOCK 13.25 11.26 9.57 8.14 6.92 5.88 5.00
DEPRECIATION 1.99 1.69 1.44 1.22 1.04 0.88 0.75
NET BLOCK 11.26 9.57 8.14 6.92 5.88 5.00 4.25

RENT DEPOSIT 2.00 2.00 2.00 2.00 2.00 2.00 2.00

CLOSING STOCK 4.10 4.92 5.90 7.08 8.50 10.20 12.24
CASH & BANK BALANCE 0.73 0.28 0.66 0.26 0.62 0.53 0.70
SUNDRY DEBTORS 2.00 2.20 2.42 2.66 2.93 3.22 3.54
TOTAL 20.09 18.97 19.12 18.92 19.93 20.95 22.73

0.00 0.00 0.00 0.00 0.00 0.00 0.00

1.71 1.83 2.19 2.41 2.86 3.26 3.80

 Mrithula Poultry Farm & Vegetables
Chekkala Kizhakkethil, Neeravil,
Perinad P O, Kollam

STATEMENT SHOWING DEPRECIATION OF FIXED ASSETS

( ` in lakhs)
DESCRIPTION YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 6 YEAR 7

SHED
OPENING 4.50 8.93 7.59 6.45 5.48 4.66 3.96
ADD : INTRODUCED 6.00 0.00 0.00 0.00 0.00 0.00 0.00
10.50 8.93 7.59 6.45 5.48 4.66 3.96
LESS : DEPRECIATION @ 15% 1.58 1.34 1.14 0.97 0.82 0.70 0.59

CLOSING 8.93 7.59 6.45 5.48 4.66 3.96 3.37

MACHINERY & TOOLS

OPENING 0.00 2.34 1.99 1.69 1.44 1.22 1.04
ADD : INTRODUCED 2.75 0.00 0.00 0.00 0.00 0.00 0.00
2.75 2.34 1.99 1.69 1.44 1.22 1.04
LESS : DEPRECIATION @ 15% 0.41 0.35 0.30 0.25 0.22 0.18 0.16

CLOSING 2.34 1.99 1.69 1.44 1.22 1.04 0.88

TOTAL DEPRECIATION 1.99 1.69 1.44 1.22 1.04 0.88 0.75

GROSS ASSETS 13.25 11.26 9.57 8.14 6.92 5.88 5.00

LESS : DEPRECIATION 1.99 1.69 1.44 1.22 1.04 0.88 0.75
NET ASSETS 11.26 9.57 8.14 6.92 5.88 5.00 4.25
 Mrithula Poultry Farm & Vegetables
Chekkala Kizhakkethil, Neeravil,
Perinad P O, Kollam

STATEMENT SHOWING INTEREST ON TERM LOAN PROPOSED FOR SEVEN YEARS

( ` in lakhs)
DESCRIPTION YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 6 YEAR 7
OPENING BALANCE 7.00 6.00 5.00 4.00 3.00 2.00 1.00
ADD: INTEREST DURING THE YEAR 0.88 0.74 0.61 0.47 0.34 0.20 0.07
TOTAL AMOUNT DUE 7.88 6.74 5.61 4.47 3.34 2.20 1.07
LESS:PAID DURING THE YEAR
PRINCIPAL 1.00 1.00 1.00 1.00 1.00 1.00 1.00
INTEREST 0.88 0.74 0.61 0.47 0.34 0.20 0.07
TOTAL AMOUNT REPAID 1.88 1.74 1.61 1.47 1.34 1.20 1.07
CLOSING BALANCE 6.00 5.00 4.00 3.00 2.00 1.00 0.00

STATEMENT SHOWING INTEREST ON WORKING CAPITAL LOAN PROPOSED FOR SEVEN YEARS
( ` in lakhs)
DESCRIPTION YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 6 YEAR 7
OUTSTANDING BALANCE 3.00 3.00 3.00 3.00 3.00 3.00 3.00
INTEREST IN (%) 13.50% 13.50% 13.50% 13.50% 13.50% 13.50% 13.50%
INTEREST IN ( ) 0.41 0.41 0.41 0.41 0.41 0.41 0.41
 Mrithula Poultry Farm & Vegetables
Chekkala Kizhakkethil, Neeravil,
Perinad P O, Kollam

STATEMENT SHOWING CURRENT RATIO FOR SEVEN YEARS

(` in lakhs)
DESCRIPTION YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 6 YEAR 7
CURRENT ASSETS
STOCK 4.10 4.92 5.90 7.08 8.50 10.20 12.24
SUNDRY DEBTORS 2.00 2.20 2.42 2.66 2.93 3.22 3.54
CASH & BANK BALANCE 0.73 0.28 0.66 0.26 0.62 0.53 0.70
TOTAL (A) 6.83 7.40 8.99 10.01 12.05 13.95 16.48

CURRENT LIABILITY
SUNDRY CREDITORS 1.00 1.05 1.10 1.16 1.22 1.28 1.34
WORKING CAPITAL LOAN 3.00 3.00 3.00 3.00 3.00 3.00 3.00

TOTAL (B) 4.00 4.05 4.10 4.16 4.22 4.28 4.34

CURRENT RATIO 1.71 1.83 2.19 2.41 2.86 3.26 3.80

AVERAGE CURRENT RATIO 2.58

 DESCRIPTION YEAR1 YEAR2 YEAR3 YEAR4 YEAR5 YEAR6
PROFIT 2.45 2.23 3.21 4.46 5.38 6.20
EXCEMPTION 2.50 2.50 2.50 2.50 2.50 2.50
5% (0.05) (0.27) 0.71 1.96 2.50 2.50
2.50 2.50
20% 0.38 1.34

30%
TAX WITHOUT CESS - - 0.04 0.10 0.20 0.39
TAX WITH CESS - - 0.04 0.10 0.21 0.40
YEAR7
7.17
2.50
2.50
2.50
2.36

0.60
0.61