1

Production of salt in India Salt Production in (lakh tons) 2008-09 2009-10 2010-11 Public Sector 3.32 4.15 2.75 Private Sector 169.63 219.12 170.14 Coop Sector 18.56 16.24 13.21 Total 191.51 239.51 186.1 Sector

2 Year 2008-09 2009-10 2010-11 3

Production of salt in Gujarat('000 tons) Inland Salt Marine Salt Total 3126.6 117773.3 14903.9 3483.1 14387.5 17870.6 2978.6 11536.7 14515.3

state-wise Production of salt in India('000 tones) State 2008-09 2009-10 2010-11 Andra pradesh 301.4 439.2 298.8 Goa 1.8 3.2 2.1 Gujarat 14903.9 17870.6 14515.3 Himachal Pradesh 2.1 2.3 1.2 Karnataka 14.7 13.8 13.9 Maharashtra 187.6 185.1 179.9 Orissa 23.4 30 14.1 Rajasthan 2052 2987.3 1428 Tamilnadu 1652.3 2400.9 2143.8 west Bengal 11.5 18.8 12.6 Daman & diu 0.5 0.4 0.1 Total 19151.2 23951.3 18610.1

4 Production of Refined and Unrefined Iodised Salt Produciton of iodised salt(000'tones) State Refined Unrefined Total Andra Pradesh 3.4 3.4 Assam 11.9 11.9 Gujarat 2288.3 1265.2 3553.5 Jammu 9.1 9.1 Karnataka 8.5 8.5 Maharashtra 1 1 Orissa 10.8 10.8 Rajasthan 220.2 926.8 1147 Tamilnadu 259.6 1163.7 1423.3 West Bengal 44.7 44.7

Total

2768.1

3451.4

6219.5

Country Bangladesh China France Indonesia Japan Korea Kuwait Liberia Malaysia Maldives Mauritius New Guinea Qatar Singapore Sri Lanka Thailand UAE Vietnam South Africa Kenya Saudi Arabia North Korea UK Total Other countries* Total by Sea Nepal Bangladesh Bhutan Total Total Exports

Quantity exported ('000 tons) 2008-09 2009-10 2010-11 193.6 112.9 15.7 1259.1 62.4 ... 43.4 0.2 ... ... 67.2 53.2 742.8 1015.6 1222.9 35.1 0.3 ... 1.6 17.2 4.1 1.8 1.5 3.9 43.4 59.3 30.4 2.9 3.3 2.6 ... 1.3 1.1 3.5 4.2 0.8 76.7 44.4 16.4 1.4 0.3 0.2 3.7 7.9 20.5 3 2.1 0.1 275.2 62.4 43.8 144.6 199.8 232.9 2.3 ... ... ... ... 107.6 0.1 5.3 ... 15.5 22.1 ... ... 24.8 ... 2,849.70 1,714.50 1,756.20 1.9 2,851.60 111.9 8 4.9 124.8 2,438.77 3.8 1,718.30 170.1 4.5 4.9 179.5 2,895.75 4.4 1,760.60 125.6 4.8 2.4 132.8 3,867.90

State Gujarat Rajasthan Tamilnadu

No. of plants 25 * 4 21

Capacity 3,553.50 1147 1423.3

Uttar Pradesh Pondicherry Total

7

1 1 52

1 35
6,159.80

Pattern of supplies of salt(All India)(Lakh's tones)

2008-09 2009-10 2010-11 Human Consumption 52.23 56.43 60.34 Industrial Consumption 95.35 100.58 107.49 Exports 24.39 28.96 38.68 Total Supplies 171.97 185.97 206.61

6 Exports of salt from India(000'tones) Year Exports 2001 1613.5 2002 1365.9 2003 1222.4 2004 2204.4 2005-06 2976.4 2006-07 1897.5 2007-08 1893.1 2008-09 2438.77 2009-010 2895.75 2010-011 3867.9

6000 4000 2000 0 0

3867.9 2976.4 2895.75 2438.77 2204.4 1365.9 1897.5 1893.1 1613.5 1222.4

EXPORT OF SALT FROM INDIAI(000'TONES)

Series1 Series2 Series3

COST OF THE PROJECT

Land & Site Development Civil Work & Foundation Plant & Machinery Security Deposite Preliminary & Pre-Operative Exp Contingencies Margin Money For Working capital Total

(RS. IN LACS)

MEANS OF FINANCE
Promoters Contribution share Capital Term loan TOTAL

3 S. NO. 1 2 Description Building & Civil Works Plant & M/C

DETAIL OF CONTIN

DETAIL OF PRELIMINARY & PRE-OPERATIVE EXPENSES

S.NO. 1 2 3 4 5 6 Description Preliminary expenses (company formation) Establishment expenses including salary to staff at Travelling & Conveyance expenses Misc . Exp. Including Legal Expenses Insurance during construction period Interest during construction periiod (4 Month, Avg

ALLOCATION OF CONTINGENCY & PRE-OPERATIVE EXPENSES ITEM Land & Site Development Civil Work & Foundation Plant & Machinery Preliminary & Pre-operative Exp Margin Money for Working Capital

TOTAL 6 WORKING CAPITAL REQUIREMENT Particulars Raw Material Consumables Finished Goods Receivables Total Less: S. Creditors Working Capital Requirement Margin Money @ 25% Bank Limit W/Cap loan Required Interest on W/Cap@ 11%

Holding (In Days)

Operating Year & Capacity Utiliza 1st year 75%

PROJECTED SALES
ANNUAL CAPACITY: OPERATING YEAR CAPACITY: Opening Stock(In MT) Production Closing Stock Quantity Sold(In MT) Rate Per Ton(In Rs) Total Value Sale(In Lacs) 150000 TPA (25 TPH, 10 Hours,2 SHIFT,300 DAYS) 1st Year 2nd Year

PROJECTED COST OF RAW MATERIALS

Cost of Raw Material for producing 1 MT of Refined Salt (In Rs) Raw Material Raw Salt Transportation of salt Packing Material TOTAL Rate/MT(Rs) QTY(In MT)

PROJECTED COST OF CONSUMABLES

Consumables Iodine Silica TOTAL 10

Rate/kgs

QTY(In kgs)

PROJECTED PROFITABILITY ANALYSIS Operating Year: 1st Year Capacity: A. Turnover Sales Total Turnover (A) B. COST OF SALE Raw Material Consumables Power & Fuel Wages Repairs & Maintinance Other Manufacturing Exp Cost Of Production Add: Opening Stock (F.Good) Less: Closing Stock (F.Good) Cost of Sale(B) Gross Profit (A-B) Less: Salaries Less: Selling & Distribution Exp Less: Depreciation Less: Preliminary Exp Profit before Interest and tax Less: Interest on W/cap Less: Interest on Term Loan Profit before tax Less: Income tax payable Less: Deffered tax Net Profit Less: Provision for dividend Less: Dividend tax Payable Retained Profit to General reserve

2nd year

11

PROJECTED COST OF POWER Operating year Capacity Firewood & Saw Dust RS 100/MT

1st year

2nd year

Power & Fuel Cost TOTAL 12 DEPRECIATION ON W.D.V METHOD AS PER SCH.XIV OF COMPANY ACT(In lacs) Rate 1ST Year Building & Civil Works Opening Balance Addition Total Depreciation Closing Balance PLANT & MACHINERY Opening Balance Addition Total Depreciation Closing Balance Total Depreciation 13

PROJECTED BALANCE SHEET YEARS LIABILITIES: Share Capital Reserve & Surplus General Reserve Secured Loans Term loan W/cap Loan Deferred Tax Liability Total ASSETS: Fixed Assets: Gross Block Less: Depreciation Net Block Current Assets,Loan,Advance Inventory Receivables Security Deposite Other Current Assets

1ST Year

Cash & Bank Bal (A) Current liability & Provision: Creditor Provision (B) Net Current Assets(A-B) Prelim & Pre-Operative Exp TOTAL

14

CASH FLOW STATEMENT YEAR Source of Fund Share Capital Term Loan W/Cap Operating profit Depreciation Preliminary Exp written off Increases in Creditor Total Application of Fund Fixed Assets Pre exp security Deposite Inc for current Assets Payament of Term Loan Interest on term loan Interest on w/cap Dividend Divid Tax Income Tax Total Opening Surplus Closing

Const.Period 1st Year

15

S.No. Designation Production Staff: Wages

1 Manager 2 Supervisior 3 Skilled worker

1 2 3 4

Administrative Staff Salary Commercial Manager Accountant Peons Security

Sales and Marketing Staff Salary 1 Sales Manager 2 Marketing Manager 3 Sales Persons

Debt Service Coverage ratio Year 16 A. Net profit B. Depreciation C. Deffered tax liability D. Preliminary exp (written-off) E. Interest on Term loan F. Repayament of Term loan Yearly D.S.C.R. Average D.S.C.R.

1st Year

3.6

CALCULATION OF INCOME TAX YEAR 17 Net Profit Add: Dep Gross Total taxable Income

1st year

Less: Tax @ 30% As per u/s 115 JB of IT Act Income Tax Payable Surcharge @ 10% Edu Cess @ 3% Total Tax Payable

DETAIL OF CONTINGENCIES
Cost Contingency % (Rs. In lacs) Amt

TOTAL

(Rs. In lacs)

company formation) s including salary to staff at work site ce expenses gal Expenses ruction period ction periiod (4 Month, Avg Utilization-80%) TOTAL (Rs. In Lacs) TOTAL

COST

CONTINGENCY

PRE-OP-EXP

(Rs in Lacs) 3rd 90%

ating Year & Capacity Utilization 2nd year 85%

10 Hours,2 SHIFT,300 DAYS) 3rd Year

value(Rs)

Value(In Rs)

(In Lacs) 3rd Year

3rd year

PANY ACT(In lacs) 2nd Year

3rd Year

2nd Year

3rd Year

2nd Year

(In Lacs) 3rd year

Nos.

Monthly salary Annual Salary (Rs) (Rs in lacs)

Total

nistrative Staff

mercial Manager

and Marketing Staff

eting Manager

2nd year

3rd year

D.S.C.R.= A+B+C+D/D+E

2nd year

3rd Year