Income Statement

For the year ended on 2010

Description 1st 2nd 3rd 4th 5th 6th 7th 8th 9th 10th 11th 12th
Rs Rs Rs Rs Rs Rs Rs Rs Rs Rs Rs Rs
Sale 510,400 928,000 916,400 1,438,400 1,624,000 1,763,200 1,879,200 2,134,400 2,366,400 2,691,200 2,041,600 1,809,600
Buses rent 280,000 280,000 280,000 280,000 280,000 280,000 280,000 280,000 280,000 280,000 280,000 280,000
Buses fuel 50,000 60,000 70,000 84,000 107,000 125,600 149,300 156,500 171,800 191,800 189,600 182,500
Buses Maintance 40,000 35,000 45,000 40,000 42,000 41,000 43,000 42,500 41,400 40,800 43,600 45,000

Gross Profit 140,400 553,000 521,400 1,034,400 1,195,000 1,316,600 1,406,900 1,655,400 1,873,200 2,178,600 1,528,400 1,302,100

Marketing & Admin. Expenses

Marketing Exp. 15,000 15,000 15,000 15,000 15,000 15,000 15,500 15,500 15,500 15,500 15,500 15,500
Buses Lamination 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000
Office Renovation 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500
Oprating Expenses
Shop in Buses 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000
Shop Material 30,000 40,000 35,000 40,000 41,000 50,000 57,800 60,000 58,000 70,000 53,000 49,000
Lunch Box 122,500 196,000 250,000 300,000 289,500 288,000 293,000 296,500 301,000 305,000 291,000 294,000
Tool Tax 7,000 9,000 12,000 15,000 17,000 20,000 21,650 24,000 25,600 28,900 31,050 29,600
Cost of Tickt 30,000 45,000 58,000 68,560 79,000 89,000 93,000 96,500 97,800 113,000 104,300 98,600
Everyday Exp 10,000 9,800 12,000 11,538 13,200 14,346 11,500 12,000 13,000 17,000 14,300 11,000
Commission agent 12,000 20,000 25,000 30,000 46,000 52,000 63,000 76,000 79,000 91,000 82,600 86,000
Salaries 78,000 78,000 78,000 78,000 78,000 78,000 78,000 78,000 78,000 78,000 78,000 78,000
Telephone Bill 5,000 7,000 5,000 4,900 5,600 5,400 5,500 4,326 5,472 6,523 5,700 5,650
Electricity 5,000 6,000 4,500 4,800 6,500 4,744 4,700 5,500 5,800 5,211 6,214 6,300
Uniforms 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000
Stationary 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000
Excutive Salaries 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000
Dep. On Furniture 250 250 250 250 250 250 250 250 250 250 250 250
Office Rent 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000
Legal Exp. 400 300 500 500 600 550 450 650 800 700 650 1,000
AC 2,100 2,100 2,200 2,200 2,300 2,500 2,500 2,500 2,450 2,600 2,600 2,240
Computer 850 850 850 850 850 1,000 1,000 1,000 950 950 950 950
Discount 40,000 55,000 67,000 79,000 91,000 110,000 125,600 156,300 191,400
Total Marketing & Op 446,600 557,800 626,800 740,098 778,300 816,290 855,350 892,226 922,122 988,734 970,914 997,990

Oprating Profit/Los (306,200) (4,800) (105,400) 294,302 416,700 500,310 551,550 763,174 951,078 1,189,866 557,486 304,110

Add: Other income 40,000 55,000 60,000 68,000 76,000 93,500 96,400 98,600 100,050 109,000 97,800 96,000
Other Exp. 5,000 6,700 7,000 8,300 8,700 9,100 9,300 9,700 10,000 10,800 11,000 9,980
Interest on Capi 17,000 17,000 17,000 17,000 17,000 17,000 17,000 17,000 17,000 17,000 17,000 17,000
Profit/Loss (288,200) 26,500 (69,400) 337,002 467,000 567,710 621,650 835,074 1,024,128 1,271,066 627,286 373,130
Less: Tax 5%

Net Profit (288,200) 26,500 (69,400) 337,002 467,000 567,710 621,650 835,074 1,024,128 1,271,066 627,286 373,130
 Balanc
For the Year
Liabilities
2010 2011 2012 2013

Creditor 56,891 68711 76,312 91,631

capital 2,000,000 7,607,099 15,636,236 26,674,290
Add: Net Profit 5,507,099 7,125,357 9,200,640 10,986,599
Add: Interst on Capital 200,000 760,710 1,563,624 2,667,429
Less: Drawing (100,000) 143,070 273,790 456,300

Total Equity 7,607,099 15,636,236 26,674,290 40,784,618

Total 7,663,990 15,704,947 26,750,602 40,876,249
 Balance Sheet
For the Year ended on 2010
Aessts
2014 2010 2011 2012
96,479 Cash In Hand 700,000 2,360,586 2,554,324
40,784,618 Bank 4,905,631 9,769,175 8,653,971
12,450,928 Debtor 399,029 649,574 1,115,761
4,078,462 Sundry Debtor 1,436,830 2,705,612 3,162,873
679,520 Vehical Purchase 10,790,000
Furniture 25,000 256,173
22,500 20,000
Less: Dep. 2,500 17,500
57,993,528 Office Security 200,000 200,000 200,000
58,090,007 Total 7,663,990 15,704,947 26,750,602
 2013 2014
4,621,963 4,322,956
9,348,621 12,654,131
7,621,893 18,844,468
8,035,849 11,046,321
10,790,000 10,790,000
257,923
232,131
200,000 200,000
40,876,249 58,090,007
 Income Statement
five year expected statement
Description 2010 2011 2012 2013 2014

Sale 20,102,800 23,102,800 26,568,220 30,033,640 33,499,060

Less: Cost of Good Sold

Buses rent 3,360,000 3,696,000 4,032,000 4,368,000 4,704,000

Buses fuel 1,538,100 1,700,000 1,750,450 1,804,560 1,890,000
Buses Maintance 499,300 550,600 567,118 583,636 600,154

Gross Profit 14,705,400 17,156,200 20,218,652 23,277,444 26,304,906

Marketing & Admin. Expenses

Marketing Exp. 183,000 186,660 190,320 193,980 197,640

Buses Lamination 84,000 87,660 91,320 94,980 98,640

Office Renovation 30,000 33,660 37,320 40,980 44,640

Oprating Expenses
Shop in Buses 60,000 63,660 67,320 70,980 74,640

Shop Material 583,800 592,950 596,610 600,270 603,930

Lunch Box 3,226,500 3,230,160 3,233,820 3,237,480 3,241,140

Tool Tax 240,800 244,460 248,120 251,780 255,440

Cost of Tickt 972,760 976,420 980,080 983,740 987,400
Everyday Exp 149,684 153,344 157,004 160,664 164,324

Commission agent 662,600 671,750 675,410 679,070 682,730

Salaries 936,000 954,300 957,960 961,620 965,280
Telephone Bill 66,071 93,521 97,181 100,841 104,501
Electricity 65,269 92,719 96,379 100,039 103,699

Uniforms 36,000 48,810 52,470 56,130 59,790

Stationary 12,000 15,660 19,320 22,980 26,640
Excutive Salaries 1,200,000 1,218,300 1,221,960 1,225,620 1,229,280
Dep. On Furniture 3,000 6,660 10,320 13,980 17,640

Office Rent 120,000 138,300 141,960 145,620 149,280

Legal Exp. 7,100 10,760 14,420 18,080 21,740

AC 28,290 31,950 35,610 39,270 42,930

Computer 11,050 14,710 18,370 22,030 25,690
Discount 915,300 918,960 922,620 926,280 929,940

Total Marketing & Operating E 9,593,224 9,785,374 9,865,894 9,946,414 10,026,934

Oprating Profit/Loss 5,112,176 7,370,826 10,352,758 13,331,030 16,277,972

Add: Other income 990,350 999,500 1,008,650 1,017,800 1,026,950
Other Exp. 105,580 109,240 112,900 116,560 120,220
Interest on Capital 10% 200,000 760,710 1,563,624 2,667,429 4,078,462
Profit/Loss 5,796,946 7,500,376 9,684,884 11,564,841 13,106,240
Less: Tax 5% 289,847 375,019 484,244 578,242 655,312
Net Profit 5,507,099 7,125,357 9,200,640 10,986,599 12,450,928
 Balance Sheet
Expected five year statment
Aessts
2010 2011 2012 2013 2014
Cash In Hand 700,000 2,360,586 2,554,324 4,621,963 4,322,956
Bank 4,905,631 9,769,175 8,653,971 9,348,621 12,654,131
Debtor 399,029 649,574 1,115,761 7,621,893 18,844,468
Sundry Debtor 1,436,830 2,705,612 3,162,873 8,035,848 11,046,321
Vehical Purchase 10,790,000 10,790,000 10,790,000
Furniture 25000 22,500 20,000 256,173 257,923 232,131
Less: Dep. 2500 17,500
Office Security 200,000 200,000 200,000 200,000 200,000
Total Assets 7,663,990 15,704,947 26,750,602 40,876,248 58,090,007

Liabilities
2010 2011 2012 2013 2014
Creditor 56,891 68,711 76,312 91,630 96,479
capital 2,000,000 7,607,099 15,636,236 26,674,289 40,784,618
Add: Net Profit 5,507,099 7,125,357 9,200,640 10,986,598 12,450,928
Add: Interst on Capital 200,000 760,710 1,563,624 2,667,429 4,078,462
Less: Drawing (100,000) 143,070 273,790 456,300 679,520

Total Equity 7,607,099 15,636,236 26,674,290 40,784,617 57,993,528

Total 7,663,990 15,704,947 26,750,602 40,876,248 58,090,007