Annexure

AL-KHALIQUE CNG Filling Station

Estimated Cost of Land

Area in
Sr. No. Description Marlas
1 Land 50
2 Registratioin 1% of cost of Land 50
3 Stamp Duty 2% of Cost of Land 50
4 District Council coporation Fee 1% of Cost of Land 50
5 Development Charges 5% of Cost of Land 50
6 CVT and TMO Fee 2% cost of Land 50
Total Cost of Land

AL-KHALIQUE CNG Filling Sta

Estimated Cost of Civil Wor
1marla = 272 Sq feet
50marlas = 136000 Sq feet

Type of
Sr. No. Description Building
1 Compresser Room RCC
2 Tire Shop RCC
3 Wash Rooms RCC
4 Electric panel room RCC
5 Mosque RCC
6 Manager room RCC
7 Account section RCC
8 Cost of Jumbo Lawn Open area
9 Generator Room RCC
10 Tuc shop RCC
11 Cyledrical room RCC
12 Store RCC
13 Fire section room RCC
14 Workshop area RCC
15 Main Canopy RCC
16 Front area Open area
Total Cost of Civil Works
 AL-KHALIQUE CNG FILling Station
Estimated Cost of Machinery

Sr.No. Description Qty

1 Compressor Machine 1
2 Dispensors 3
3 Storage Cascade 40
4 3 Way High pressure Lines 3
5 Control meter system 1
6 Priority panel 1
7 Cooling tower 1
8 Oil filter + stainer 2
10 Control panel 1
11 Generator 2
12 Water pump with motor (7.5 KW) 2
13 Chemicals + oil 1
14 MSV 3
15 Fire extinguisher 6
16 Contingency 5%
Total Cost of Machinery

AL-KHALIQUE CNG Filling Station

Estimated cost of the Project

Sr.No. Description LCY

1 Land 5,550
2 Building 14,720
3 Machinery 4,953
4 Installation & Erection 15% of Machinery 2,325
5 Insurance 5% of Cost of Machinery 775
6 Intrust during Construction 5,614
8 Furniture and Fixture 150
9 Office Equipment 100
10 Pre-operating expenses 671
Estimated fixed cost
Add: Net Initial Net Working Capital
Total Estimated Cost of Project

Fixed Cost 44,737

MEANS OF FINANCE
Debt
Habib Bank Ltd 30,760
 TOTAL DEBT:

Equity
- Paid-up Capital (Sponsors) 20,507
TOTAL EQUITY

TOTAL DEBT & EQUITY

DEBT : EQUITY RATIO

SPONSORS' STAKE

AL-KHALIQUE CNG Filling Station

Initial Net Working Capital Requirement

Descriptions

A. Current Assets:

1 Advances, & Prepayments

2 Stores & Spares
3 Accounts Receivable is 2% of sakes
4 Cash
Total Current Assets

B. Current liabilities

Initial Net Working Capital

Production at 100% Capacity

Conversion Of SUI GAS INTO CNG:

3000 Kg of Sui Gas/day/Compressor

No. of Compressors % Output
CNG 1 98
Wastage 1 2
Total 100
Raw Material:

Years
Production Capacity
Consumption of Raw Material

Description

3000 Kg of Sui Gas/day/Compressor

Total Quantity Consumed

Cost of Raw material: Rs.30/Kg

Description

Sui Gas @ 38.852/kg

Total Cost

Assumption: it is assumed that cost will be increase 15% each year

Sales Revenue:

Description Unit Price(Rs.)

75%
CNG 53 0

Total Sales 42,930

Administrative And General Expenses
1 Year = 12

Sr. No. Designation No. of

Employees
1 Manager 1
2 Cashier 2
3 Accountant 1
4 Operator 1
5 Gas Fillers 12
6 Peon/Sweeper 1
7 Security Guard 2
Total 20
Total Cost of Administrative Staff

General Expenses:

Sr. No. Description Year Exp. ("000")

1 Printing & Stationary
2 Telephone, Telex, Postage
3 Rents, Rates and Taxes
4 Entertainment
5 Miscellaneous
Total

Assumtions:
1 Administrative Salaries will increase @ 15% every year. =

Year Wise Administrative Salaries:

Note: Salaris will be increase 15% each year

No. of
Sr. No. Designation Employees

1 Manager 1
2 Cashier 2
 3 Accountant 1
4 Operator 1
5 Gas Fillers 12
6 Peon/Sweeper 1
7 Security Guard 2
Total 20

General Expenses:

Sr. No. Description

1 Printing & Stationary
2 Telephone, Telex, Postage
3 Rents, Rates and Taxes
4 Entertainment
5 Miscellaneous
Total general expenses

4- DEPRECIATION COST

DEPRECIATION COST HAS BEEN CALCULATED ON STRAIGHT

LINE PRINCIPLE APPLYING USUAL RATES AS UNDER;-
Rupees("000")

Plant & Machinery 15,503

Building 14,720
Furniture & Fixtures 150
Office equipment 100

Note; The amount of depreciation will be same each year

Pre-Production Expenses:

Sr. No. Description

1 Registration Charges
2 Consultancy & Report Preparation Charges
3 Printing & Stationary
4 Conveyance Charges
5 Telephone & Postage
6 Electricity Connection
 7 Gas Connection
6 Salaries and Wages during Construction
Total Pre-prodction Expenses

Amortization of pre-production expenses for 5 years

134.2

Manufacturing Overhead Cost:

AL-KHALIQUE FILLING STATION
Price
Electricity fixed cost 315
Electricity variable cost 10

Description
Fixed Cost:

Power: @ 315/160/KW/Month
Insurance: @ 5% of machinery
Fix charges of gas

Maintenance and Depreciation:

A) Overhauling Expenses of Compressor

Maintenance of Building @ 5% of Cost of Building
Maintenance of Dispensors
Total Fixed Cost
Variable Manufacturing Expenses:

Power:@ 10/unit of 2000 units/Month

cost of gas
Total Variable Cost

Nmae of Bank
Amount of loan
Rate Of Intrest
Period Of Loan
Repayment of Intrest
Repayment of Instalment
Date of Disbursement of Loan
Completion of the Project
Date of Commercial Production
Date of Repayment of principle
No of Principle
Due Dates Days Instalment
3/31/2010 0 0
6/30/2010 91 0
9/30/2010 92 0
12/31/2010 92 0
3/31/2011 90 0
6/30/2011 91 3,076,000
9/30/2011 92
12/31/2011 92 3,076,000
3/31/2012 91
6/30/2012 91 3,076,000
9/30/2012 92
12/31/2012 92 3,076,000
3/31/2013 90
6/30/2013 91 3,076,000
9/30/2013 92
12/31/2013 92 3,076,000
3/31/2014 90
6/30/2014 91 3,076,000
9/30/2014 92
12/31/2014 92 3,076,000
3/31/2015 90
6/30/2015 91 3,076,000
9/30/2015 92
12/31/2015 92 3,076,000
Total 30,760,000

Intrest during Construction

from 3/31/2010 to

2011 2012
Interest 3,946,508 4,220,272
Instalments 3,076,000 6,152,000

ESTIMATED INCOME STATEMENTS

For the year ending Sept. 30, I

Efficiency Assumed : 75%
SALES Construction year
COST OF GOODS SOLD :
- Raw Materials
Depreciation Exp
GROSS PROFIT

OPERATING EXPENSES

- Admin & General Expenses

Total Operating Expenses

OPERATING PROFIT
NON OPERATING EXPENSES
- Financial Expenses

- Amortzn. of Prelim. Exp

- Workers Welfare Fund 5%
Sub-Total
PRE-TAX PROFIT
Income Tax 35%
NET PROFIT
Dividend
RETAINED EARNINGS

- Gross Margin (%)

- Operating Margin (%)
- Net Margin (%)

ESTIMATED BALANCE SHEETS

As on Sept. 30, Constructn.

ASSETS
Cash 5,859
Marketable Securities -
Accounts Receivables
Stores & Spares
Advances & Depostis
Total Current Assets 5,859

Fixed Assets at cost 44,737

Less: Accumulated Dprcn. -
Net Fixed Assets: 44,737
Preliminary Expenses: 671

Total Assets: 51,266

LIABILITIES & EQUITY

Current Liabilities
Account Payable
-Workers Welfare Fund -
- Dividends Payable -
- Cur. Mat. of L T Debt -
Total Current Liabilities: -

Long-term Liabilities
HABIB BAMK LIMITED 30,760
Total Long-term Liab.: 30,760
EQUITY

Paid up Capital 20,507

- Un-appropriated Profit
Total Equity: 20,507

Total Liab. & Equity: 51,266

R A T I O S:
Current Ratio

Unit Cost

ESTIMATED CASH F

For the year ending Sept. 30, Const. Yr.

SOURCES
Operating Profit -
Add Back: Depreciation -
Amortization -
Funds from Operations -
- Other Income -
HABIB BANK LTD. 30,760
Increase in Current Liab. -
Increase in Bank Borrowings -
Paid up Capital 20,507
TOTAL SOURCES 51,266
APPLICATION OF FUNDS
Investment in Fixed Assets: 44,737
-Preliminary Exp 671
Financial Expenses -
Repayment of :
- Custom Debentures -
social security
- Bank Borrowings -
Taxes
Increase in current Assets:
TOTAL
45,408

Surplus/(Deficit) 5,859
Cash Balance - Opening -
Cash Balance - Ending 5,859

Debt Service Coverage Ratio

Years Net Profit

0 -
1 6,034
2 7,337
3 10,722
 -

Years Net Profit

0 0
1 6,034
2 7,337
3 10,722

Inflows
outflow

Pay back period

 Annexure

E CNG Filling Station

ed Cost of Land

Rs ("000")
Rate in percentages Unit Cost Total Cost
100,000 5,000
1% 1,000 50
2% 2,000 100
1% 1,000 50
5% 5,000 250
2% 2,000 100
111,000 5,550

AL-KHALIQUE CNG Filling Station

Estimated Cost of Civil Works

Unit of Covered Rate Per Rs ("000")

Construction area Unit Total Cost
Square feet 1500 1200 1800
Square feet 200 1200 240
Square feet 100 1200 120
Square feet 500 1200 600
Square feet 800 1200 960
Square feet 600 1200 720
Square feet 400 1200 480
Square feet 2,500 800 2000
Square feet 500 1200 600
Square feet 400 1200 480
Square feet 1000 1200 1200
Square feet 300 1200 360
Square feet 300 1200 360
Square feet 1000 1200 1200
Square feet 2000 1200 2400
Square feet 1500 800 1200
13600 14,720
 Annexure
n

("000")
Unit Cost LCY FCY Total cost
4,500,000 4,500,000 4,500
1,200,000 3,600,000 3,600
50,000 2,000,000 2,000
200,000 600,000 600
2,000,000 2,000,000 2,000
200,000 200,000 200
100,000 100,000 100
55,000 110,000 110
450,000 450,000 450
500,000 1,000,000 1,000
25,000 50,000 50
50,000 50,000 50
15,000 45,000 45
10,000 60,000 60
- 738000 738
4,953,000 10,550,000 15,503

("000")
FCY Total cost
- 5,550
- 14,720
10,550 15,503
2,325
775
5,614
150
100
671
45,408
5,859
51,266

30,760
 30,760

20,507
20,507

51,266

60 : 40
40%

E CNG Filling Station

ng Capital Requirement

Rs. "000"

200
300
2% 859
4,500
5,859

5,859

Annexure

Quantity ("000")
1058
22
1080
 2011 2012 2013
80% 85% 90%
mption of Raw Material

Quanity ("000")

864 918 972

864 918 972

Rs. ("000")

25,920 27,540 29,160

25,920 27,540 29,160

Rupees ("000")
80% 85% 90%
45,792 48,654 51516

45,792 48,654 51516

months

Rs. ("000")
Salary/ Annual
Month Salary
20,000 240
16,000 192
10,000 120
8,000 96
72,000 864
6,000 72
12,000 144
144,000 1728

75
40
100
60
50
325

15%

Rupees ("000")
2010 2011 2012 2013

240 276 317 365

192 221 254 292
 120 138 159 183
96 110 127 146
864 994 1,143 1,314
72 83 95 110
144 166 190 219
1728 1,987 2,285 2,628

Rupees ("000")
75 83 91 100
40 44 48 53
100 110 121 133
60 66 73 80
50 55 61 67
325 358 393 433

00")
Amt. of
depreciation
10% 1,550
5% 736
10% 15
20% 20
2,321

Rs. ("000")
180
125
20
45
25
400
 5000
250
6045

FILLING STATION
KW OR Units month
160 12
2000 12

Rs ("000")

605
5% 775
14,400

30
5% 736
50
16,596

240
24,300
24,540

Habib Bank Limited

30,760,000
 18% per Annuam
5 Years 360
Quartely Instalment
Half Yearly
3/31/2010
31/12/2010
31/3/2011
30/6/2011 6 Instalment
Amount Total Outstanding
of Intrest Instalment Principle
0 - 30,760,000
1,399,580 1,399,580 30,760,000
1,414,960 1,414,960 30,760,000
1,414,960 1,414,960 30,760,000
1,384,200 1,384,200 30,760,000
1,399,580 4,475,580 27,684,000
1,273,464 1,273,464 27,684,000
1,273,464 4,349,464 24,608,000
1,119,664 1,119,664 24,608,000
1,119,664 4,195,664 21,532,000
990,472 990,472 21,532,000
990,472 4,066,472 18,456,000
830,520 830,520 18,456,000
839,748 3,915,748 15,380,000
707,480 707,480 15,380,000
707,480 3,783,480 12,304,000
553,680 553,680 12,304,000
559,832 3,635,832 9,228,000
424,488 424,488 9,228,000
424,488 3,500,488 6,152,000
276,840 276,840 6,152,000
279,916 3,355,916 3,076,000
141,496 141,496 3,076,000
141,496 3,217,496
19,667,944 50,427,944

3/31/2011 5,613,700

2013 2014 2015 2016

3,085,228 1,962,488 839,748
6,152,000 6,152,000 6,152,000 3,076,000

II III IV
80% 85% 90%
 45,792 48,654 51,516

25,920 27,540 29,160

2,321 2,321 2,321
17,551 18,793 20,035

1,987 2,285 2,628

1,987 2,285 2,628

15,564 16,507 17,407

5,331 4,220 3,085

134.2 134 134

815 865 14,192,873
6,280 5,219 912
9,283 11,288 16,495
3,249 3,951 5,773
6,034 7,337 10,722
- - -
6,034 7,337 10,722
13,371 24,093

38.3% 38.6% 38.9%

34.0% 33.9% 33.8%
13.2% 15.1% 20.8%

(Rs. in 000)

I II III

9,375 12,141 13,393

916 973 1,030

1,000 1,100 4,600
500 700 2,915
11,791 14,914 21,938

44,737 44,737 44,737

 2,321 4,643 6,964
42,415 40,094 37,773
537 403 268

54,743 55,410 59,979

518

-
3,076 3,076 3,076
3,594 3,076 3,076

24,608 18,456 12,304

24,608 18,456 12,304

20,507 20,507 20,507

6,034 13,371 24,093
26,541 33,878 44,599

54,743 55,410 59,979

3 5 7

IMATED CASH FLOWS Rs (000)

I II III

6,034 7,337 10,722

2,321 2,321 2,321
134 134 134
8,490 9,793 13,177
-
518
- 3,076
-
-
9,008 12,869 13,177
 - -
-
-
-

3,076 6,152 6,152

3,951 5,773
2,416

5,492 10,103 11,925

3,516 2,766 1,252

5,859 9,375 12,141
9,375 12,141 13,393

Calculation Of IRR
Depreciation Amortization Cash Outflow/ Inflow
(5,126)
2,321 134 2,456
2,321 134 2,456
2,321 134 2,456
 - - -
IRR 21%

Calculation Of Payback
Depreciation Amortization

2,321 134 8,489

2,321 134 9,793
2,321 134 13,177

31,459
51,266