M/s Janaki Medical College, Ramdaiya, Bhawadi, Dhanusha

Parameter of Project
Project Cost
Land & Land Development
Building
Medical Plant & Equipment
Furniture Fixture & Equipment
Vehicle
Total Fixed Assets
Pre-operating Expenses
Total Project Cost

Year

2059/60
15,835,000
44,380,000
6,128,957
2,193,670
4,272,600
72,810,227
30,586,096
103,396,323

CWIP (059/60)

EDC & IDC

-

Capacity
Utilization
25%
35%
40%
40%
45%
45%
50%
50%
50%
50%

2060/61
2061/62
2062/63
2063/64
2064/65
2065/66
2066/67
2067/68
2068/69
2069/70

Hospital Income

2060/61
Beds/day

General bed

Sources of Fund
Equity Financing
Internal Accruals
Long Term Loan
Short Term Loan
Total

2061/62
Beds/day

250.00

Total
Per Day

Tution Fee & Mess Income

Batch - 1st
Batch - 2nd
Batch - 3rd
Batch - 4th
Batch - 5th
Batch - 6th
Batch - 7th
Batch - 8th
Batch - 9th
Batch - 10th
Duration of Course
Total Number of Student
Net mess income per Student
Increase per annum

Annual Revenue
at 100% capacity
63,875,000.00
63,875,000.00

No. of Patient
Rate
10
3,650
15,000.00
50
18,250
1,000.00
300
109,500
20.00
50
18,250
10.00
80
29,200
500.00
10
3,650
4,500.00
25
9,125
1,000.00
200
73,000
700.00
200
73,000
200.00
150
54,750
100.00
40% of total revenue (except pharmacy)
365
2%

54,750,000.00
18,250,000.00
2,190,000.00
182,500.00
14,600,000.00
16,425,000.00
9,125,000.00
51,100,000.00
14,600,000.00
5,475,000.00
100,229,000.00

250,572,500.00

No. of Paid Student

Nepalese
Others
27
27
27
27
27
27
27
27
27
27
27
27
27
27
27
27
27
27
27
27
5
30
30
20,000.00 per annum
5% per annum

Tution Fee
Nepalese
1,300,000.00
1,300,000.00
1,300,000.00
1,300,000.00
1,300,000.00
1,300,000.00
1,300,000.00
1,300,000.00
1,300,000.00
1,300,000.00
Years
60

2060/61
4,000,000
9,300,000
50,000,000
63,300,000

Addition (2061/62)
65,690,000
18,050,000
500,000
2,400,000
86,640,000
86,640,000

Addition (2062/63)
23,000,000
23,000,000
23,000,000

2061/62

2062/63

86,640,000
86,640,000

23,000,000
23,000,000

12.00%
5 Years

Rate
Per Bed
700

Addition (2060/61)
47,500,000
10,000,000
1,000,000
4,800,000
63,300,000
63,300,000

2059/60
96,000,000
(7,603,677)
15,000,000
103,396,323

Interest Rate
Repayment

300

Operation Theatre
Investigation
Medical Consultation - New
Medical Consultation - Old
X-ray
CT Scan
Ultrasound
Laboratory
Dressing
Other
Pharmacy Income
Annual Operating Days
Annual Increase in Rate
Total

Total (2059/60)
15,835,000
44,380,000
6,128,957
2,193,670
4,272,600
72,810,227
30,586,096
103,396,323

Others
2,080,000.00
2,080,000.00
2,080,000.00
2,080,000.00
2,080,000.00
2,080,000.00
2,080,000.00
2,080,000.00
2,080,000.00
2,080,000.00

Working Capital
Inventory
Advances
Accounts Payable
Operational Cash
Deposits
Number of Days

Coverage (Days)

30
7
30
15
20
365

Total
15,835,000
180,570,000
34,178,957
3,693,670
11,472,600
245,750,227
30,586,096
276,336,323

Rate of Dep
0.00%
1.65%
5.30%
7.30%
7.30%

Hospital Expenses
Consultancy to Doctors
Operation Theatre
Investigation
Medical Consultation
X-ray
CT Scan
Ultrasound
Laboratory
Dressing
Other
Pharmacy (Cost of goods sold)
Other Operating Expenses
Insurance
Repair & Maintenance
Consumables
Electricity
Others
Total
Increment

Administrative & Teaching Staffs

Principal
Professors
Associate Professors
Assistant Professors
Lecturer
Departmental Tutor
Lab Staff Sr.
Lab Staff Jr.
Dept. Assistant
Librarian Sr.
Librarian Jr.
Audiovisual
Computer Teacher
Principal's Secretary
Administrator
Asst. Administrator
Finance Controller
Finance Officer
Asst. Finance Officer
Store Keeper
Store Assistant
Clerk
Receptionist
Electrician
Plumber
Peon
Security Guard
Driver
Sweeper

60%
50%
50%
15%
15%
15%
15%
10%
20%
70%

of revenue
of revenue
of revenue
of revenue
of revenue
of revenue
of revenue
of revenue
of revenue
of revenue

Number
1
12
3
1
3
24
24
1
1
3
6
20%

Salary P. M.
50,000
30,000
18,000
15,000
10,000
8,000
4,500
8,000
5,000
8,000
4,000

Total
50,000
360,000
54,000
15,000
30,000
192,000
108,000
8,000
5,000
24,000
24,000
174,000

0.50% of FA Except Land

1.50% of FA Except Land
5.00% of Hospital Revenue
12,000,000
2,500,000
Total
5% per annum

Number
1
7
7
7
7
7
7
7
7
2
2
1
1
1
1
1
1
1
2
1
1
4
2
1
1
5
6
4
8

Other Benefits

Salary P. M.
55,000
50,000
50,000
45,000
40,000
20,000
7,000
5,000
5,000
10,000
6,000
6,000
8,000
5,000
12,000
7,000
15,000
12,000
7,000
7,000
5,000
4,000
4,000
5,000
5,000
3,000
3,500
5,000
2,500

Increment

1,044,000
5% per annum

Total
55,000
350,000
350,000
315,000
280,000
140,000
49,000
35,000
35,000
20,000
12,000
6,000
8,000
5,000
12,000
7,000
15,000
12,000
14,000
7,000
5,000
16,000
8,000
5,000
5,000
15,000
21,000
20,000
20,000

Administrative Exp
Printing and Stationery
Security Expenses
Vehicle running expenses
Staff & Welfare Expenses
Travelling Expenses
Adv. & Promotion
Transportation
Legal & Auditing Fee
Communication Expenses
Repair & Maintenance
Misc. Expenses

Amount
1,080,000
1,200,000
1,800,000
1,200,000
1,080,000
1,080,000
1,500,000
150,000
1,200,000
1,800,000
4,000,000

368,400

20%
Total

Increment

Medical & Allied Staffs

Medical Director
Dept. Doctor
Emergency Dept. Doctor
Matron
Sister
Staff Nurses
CMA/ANM
Radiographer
X -ray Assistant
Lab Technician
Pharmecy Staff
Other Benefits

5% per annum

2,210,400 Total
Increment Per annum

16,090,000
5%

M/s Janaki Medical College, Ramdaiya, Bhawadi, Dhanusha

Projected Balance Sheet
Description
Sources of Funds

2061/62

2062/63

2063/64

2064/65

2065/66

2066/67

96,000
-

100,000
-

100,000
7,248

100,000
64,902

100,000
105,954

100,000
176,379

100,000
247,593

100,000
308,585

100,000
349,774

100,000
375,444

100,000
380,453

96,000

100,000

107,248

164,902

205,954

276,379

347,593

408,585

449,774

475,444

480,453

15,000
-

65,000
-

65,000
-

52,000
-

39,000
-

26,000
-

13,000
-

15,000

65,000

65,000

52,000

39,000

26,000

13,000

111,000

165,000

172,248

216,902

244,954

302,379

360,593

408,585

449,774

475,444

480,453

Application of Funds
Fixed Assets
Less: Depreciation

72,810
-

136,110
3,266

222,750
7,048

245,750
11,209

245,750
15,369

245,750
19,530

245,750
23,691

245,750
27,852

245,750
32,013

245,750
36,174

245,750
40,335

Net fixed Assets

72,810

132,844

215,703

234,542

230,381

226,220

222,059

217,898

213,737

209,576

205,416

Current Assets
Inventory
Advances
Deposit
Cash and Bank
Total Current Assets
Less: Current Liabilities and Provisions
Less: Deposit From Student

2,750
4,854
7,604
-

1,558
1,437
4,105
16,240
23,339
4,216
34,223

4,547
3,056
8,730
2,818
19,150
7,948
73,008

5,303
3,531
10,089
72,171
91,095
9,176
111,794

5,355
3,571
10,204
149,270
168,399
9,365
150,579

6,015
4,064
11,610
254,330
276,019
10,496
189,365

6,043
4,110
11,744
332,643
354,541
10,672
205,335

6,716
4,620
13,200
383,338
407,875
11,853
205,335

6,751
4,674
13,355
428,649
453,429
12,058
205,335

6,787
4,729
13,513
458,444
483,473
12,270
205,335

6,825
4,786
13,674
467,580
492,864
12,492
205,335

Net Current Assets

7,604

(15,099)

(61,806)

(29,874)

8,456

76,159

138,534

190,686

236,037

265,867

275,037

30,586

24,469

18,352

12,234

6,117

22,786

Sub Total
Loans
Long term Loan
Short Term Loan
Sub Total
Total Sources

Prelimenary Expenditure
(to the extent of not written off)
Profit & Loss Account
Total Application

111,000

165,000

172,248

216,902

244,954

302,379

360,593

408,585

2067/68

449,774

2068/69

NRS '000
2069/70

2060/61

Shareholder's Fund
Equity Capital
Profit & Loss Account

2059/60

475,444

480,453

M/s Janaki Medical College, Ramdaiya, Bhawadi, Dhanusha

Projected Profit and Loss Account
2060/61

2061/62

2062/63

2063/64

2064/65

74,907
12,608
87,515

159,325
32,180
191,505

184,131
51,881
236,011

186,216
71,720
257,936

211,886
91,709
303,595

214,327
87,510
301,838

240,908
69,641
310,549

243,730
51,791
295,521

246,608
33,961
280,569

249,544
16,152
265,696

51,292
44,825
96,117

96,706
47,066
143,772

111,639
49,420
161,059

113,938
51,891
165,828

127,698
54,485
182,183

129,841
57,210
187,050

144,216
60,070
204,286

146,700
63,074
209,774

149,288
66,227
215,516

151,985
69,539
221,524

(8,602)

47,732

74,952

92,108

121,411

114,787

106,263

85,747

65,054

44,173

9,384
3,266
6,117

9,899
3,781
6,117

10,278
4,161
6,117

10,278
4,161
6,117

10,278
4,161
6,117

4,161
4,161
-

4,161
4,161
-

4,161
4,161
-

4,161
4,161
-

4,161
4,161
-

(17,986)

37,834

64,674

81,830

111,133

110,626

102,102

81,586

60,893

40,012

4,800

7,800

7,020

5,460

3,900

2,340

780

Profit before Tax

(22,786)

30,034

57,654

76,370

107,233

108,286

101,322

81,586

60,893

40,012

Less: Income Tax

35,318

26,808

27,072

25,330

20,397

15,223

10,003

(22,786)

30,034

57,654

41,052

80,425

81,215

75,991

61,190

45,670

30,009

(22,786)

7,248

64,902

10,000
105,954

10,000
176,379

15,000
247,593

20,000
308,585

20,000
349,774

25,000
375,444

(22,786)

7,248

64,902

105,954

176,379

247,593

308,585

349,774

375,444

380,453

Description
Revenue
Hospital Income
Tution & Mess Income
Total Income
Less: Expenditure
Hospital Expenses
Administrative Expenses

Profit before Dep and Interest

Less: Depreciation and Amortization
Deprecitation
Amortizatiuon
Profit before Interest
Interest on Loan

Net Profit after Tax

Equity Share Dividend
Previous year's Profit
Cumulative Profit frowarded to B/S

2065/66

2066/67

2067/68

NRS '000
2068/69
2069/70

M/s Janaki Medical College, Ramdaiya, Bhawadi, Dhanusha

Projected Cash Flow Statement
Description

2060/61

2061/62

2062/63

2063/64

2064/65

2065/66

2066/67

2067/68

2068/69

NRS '000
2069/70

1. Cash Flow from Operating Activities

Net profit/(Loss) before Tax
Add. Depreciation
Add: Amortization
Less: Income Tax Payment

(22,786)
3,266
6,117
-

30,034
3,781
6,117
-

57,654
4,161
6,117
-

76,370
4,161
6,117
(35,318)

107,233
4,161
6,117
(26,808)

108,286
4,161
(27,072)

101,322
4,161
(25,330)

81,586
4,161
(20,397)

60,893
4,161
(15,223)

40,012
4,161
(10,003)

(13,402)

39,932

67,932

51,330

90,703

85,376

80,152

65,351

49,831

34,170

Decrease/(Increase) in Inventories
Decrease/(Increase) in Sundry Debtors
Decrease/(Increase) in Advances & Deposits
Increase/(Decrease) in Trade Payables
Increase/(Decrease) in Deposit From Student

(1,558)
(1,437)
(1,355)
4,216
34,223

(2,988)
(1,619)
(4,626)
3,733
38,786

(757)
(476)
(1,359)
1,227
38,786

(51)
(40)
(114)
189
38,786

(661)
(492)
(1,407)
1,131
38,786

(28)
(47)
(134)
176
15,971

(673)
(510)
(1,456)
1,182
-

Net Cash flow from Operating activities

20,686

73,218

(63,300)
-

(86,640)
-

(23,000)
-

(63,300)

(86,640)

(23,000)

Increase/(Decrease) in equity share capital

Increase/(Decrease) in Long Term loans
Increase/(Decrease) in Working Capital loans
Dividend paid on equity share

4,000
50,000
-

(13,000)
-

(13,000)
-

(13,000)
(10,000)

(13,000)
(10,000)

(13,000)
(15,000)

(20,000)

(20,000)

(25,000)

Net Cash Flow from Financing Activities

54,000

(13,000)

(13,000)

(23,000)

(23,000)

(28,000)

(20,000)

(20,000)

(25,000)

11,386
4,854
16,240

(13,422)
16,240
2,818

69,353
2,818
72,171

77,099
72,171
149,270

105,060
149,270
254,330

78,313
254,330
332,643

50,695
332,643
383,338

45,311
383,338
428,649

29,794
428,649
458,444

9,136
458,444
467,580

Cash Flow before change in W. C.

Adjustments for

105,353

90,099

128,060

101,313

78,695

(34)
(54)
(155)
204
65,311

(36)
(55)
(158)
213
49,794

(38)
(56)
(161)
222
34,136

2. Cash Flow from Investing Activities

Decrease/(Increase) in Fixed Assets
Decrease/(Increase) in Pre-operating Exp

Net Cash Flow from Investing Activities

3. Cash Flow form Financing Activities

Net increase in Cash and Cash equivalents

Cash and Cash Equivalents : Opening
Cash and Cash Equivalents : Closing

M/s Janaki Medical College, Ramdaiya, Bhawadi, Dhanusha

Fixed Assets & Depreciation

0.00%
1.65%
5.30%
7.30%
7.30%

Total Assets
15,835,000
44,380,000
6,128,957
2,193,670
4,272,600
72,810,227

2060/61
Addition
Depreciation
Closing Balance
15,835,000
47,500,000
1,516,020
90,363,980
10,000,000
854,835
15,274,122
1,000,000
233,138
2,960,532
4,800,000
662,300
8,410,300
63,300,000
3,266,292
132,843,935

Op. Balance
15,835,000
90,363,980
15,274,122
2,960,532
8,410,300
132,843,935

Description
Land and Land Development
0.00%
Building and Civil Construction
1.65%
Plant Machinery
5.30%
Furniture, Fixtures & Office Equipm7.30%
Vehicle
7.30%
Total

Op. Balance
15,835,000
154,237,825
32,042,638
3,263,894
10,323,200
215,702,557

2062/63
Addition
Depreciation
Closing Balance
15,835,000
23,000,000
2,195,655
175,042,170
1,281,485
30,761,153
196,638
3,067,256
487,100
9,836,101
23,000,000
4,160,877
234,541,680

Op. Balance
15,835,000
175,042,170
30,761,153
3,067,256
9,836,101
234,541,680

Description
Land and Land Development
0.00%
Building and Civil Construction
1.65%
Plant Machinery
5.30%
Furniture, Fixtures & Office Equipm7.30%
Vehicle
7.30%
Total

Op. Balance
15,835,000
172,846,515
29,479,668
2,870,618
9,349,001
230,380,802

Addition
-

2064/65
Depreciation
Closing Balance
15,835,000
2,195,655
170,650,860
1,281,485
28,198,183
196,638
2,673,980
487,100
8,861,901
4,160,877
226,219,925

Op. Balance
15,835,000
170,650,860
28,198,183
2,673,980
8,861,901
226,219,925

2065/66
Depreciation Closing Balance
15,835,000
2,195,655
168,455,205
1,281,485
26,916,699
196,638
2,477,343
487,100
8,374,801
4,160,877
222,059,047

Description
Land and Land Development
0.00%
Building and Civil Construction
1.65%
Plant Machinery
5.30%
Furniture, Fixtures & Office Equipm7.30%
Vehicle
7.30%
Total

Op. Balance
15,835,000
168,455,205
26,916,699
2,477,343
8,374,801
222,059,047

Addition
-

2066/67
Depreciation
Closing Balance
15,835,000
2,195,655
166,259,550
1,281,485
25,635,214
196,638
2,280,705
487,100
7,887,701
4,160,877
217,898,170

Op. Balance
15,835,000
166,259,550
25,635,214
2,280,705
7,887,701
217,898,170

2067/68
Depreciation Closing Balance
15,835,000
2,195,655
164,063,895
1,281,485
24,353,729
196,638
2,084,067
487,100
7,400,602
4,160,877
213,737,293

Description
Land and Land Development
0.00%
Building and Civil Construction
1.65%
Plant Machinery
5.30%
Furniture, Fixtures & Office Equipm7.30%
Vehicle
7.30%
Total

Op. Balance
15,835,000
164,063,895
24,353,729
2,084,067
7,400,602
213,737,293

Addition
-

2068/69
Depreciation
Closing Balance
15,835,000
2,195,655
161,868,240
1,281,485
23,072,245
196,638
1,887,429
487,100
6,913,502
4,160,877
209,576,415

Op. Balance
15,835,000
161,868,240
23,072,245
1,887,429
6,913,502
209,576,415

2069/70
Depreciation Closing Balance
15,835,000
2,195,655
159,672,585
1,281,485
21,790,760
196,638
1,690,791
487,100
6,426,402
4,160,877
205,415,538

Description
Land & Land Development
Building
Medical Plant & Equipment
Furniture Fixture & Equipment
Vehicle
Total

2061/62
Addition
Depreciation Closing Balance
15,835,000
65,690,000
1,816,155
154,237,825
18,050,000
1,281,485
32,042,638
500,000
196,638
3,263,894
2,400,000
487,100
10,323,200
86,640,000
3,781,377
215,702,557

Addition

2063/64
Depreciation Closing Balance
15,835,000
2,195,655
172,846,515
1,281,485
29,479,668
196,638
2,870,618
487,100
9,349,001
4,160,877
230,380,802

M/s Janaki Medical College, Ramdaiya, Bhawadi, Dhanusha

Detailed Statement of Fixed Assets
Fixed Assets
S. No.
1
2

Description
Land & Land Development
Building
Teaching Building Block A, B(16,500 sq. ft.)
Hospital Building Block 1, 2, 3 (20,000 sq. ft.)
Faculty Building
Total Compound Wall
3 Toilets and 1 Store Room
Canteen (2200 sq. ft)
Hospital Buildings (40,000 sq. ft.)
OPD & Emergency Block (24,000 sq. ft.)
Rump
Boys Hostel (45,000 sq. ft.)
Staff Quarter (45,000 sq. ft.)
Girls Hostel (30,000 sq. ft.)
Medical Plant & Equipment
Hospital & Teaching Equipment
Gas Sylinder
Office Equipment
Refregerator
Generator, Mixure & Vibrator
ECG Machine
TMT Equipment
Cardiac Imaging
Holder
Ultrasound
Endoscopy
Colonoscope
Analyser - Pathology
Thyroid Test Machine
EMD Machine
Cardiac Monitor
Anesthesia Appartus
Ventilator

Existing(2059/60) Addition (2060/61)Addition (2061/62

Addition (2062/63

1
1
1
1
1
1
1
1
1
1
1
1
1

15,835,000
44,380,000
13,200,000
24,000,000
2,700,000
2,500,000
1,100,000
880,000
6,128,957
5,488,868
3,500
101,860
52,500
482,229
-

47,500,000
16,000,000
10,000,000
500,000
7,500,000
7,500,000
6,000,000
10,000,000
250,000
1,700,000
2,000,000
150,000
800,000
400,000
200,000
150,000
300,000
500,000
300,000

65,690,000
16,000,000
9,200,000
490,000
15,000,000
15,000,000
10,000,000
18,050,000

600,000
250,000

23,000,000
9,000,000
9,000,000
5,000,000
-

Total
15,835,000
180,570,000

34,178,957

Accessories for Anesthesia

Infants Incubator
Neonantal Resuscitation
Physiotherapy Equipments
Steam Sterilizer
X - Ray Machine
CT Scan
Equipments for OT
Miscellaneous
Furniture Fixture & Equipment
Hospital's Furniture
Administrative Block's Furnitures
Other Furniture
Vehicle
Buses - 2
Car
Van
Cycle
Ambulance - 3
Vehicles
Pre-operating Expenses

Total Project Cost

3
1

2,193,670
1,492,000
701,670
4,272,600
2,500,000
990,000
780,000
2,600
30,586,096
103,396,323

150,000
300,000
50,000
400,000
950,000
900,000
500,000
1,000,000
500,000
500,000
4,800,000
3,600,000
1,200,000
63,300,000

700,000

15,000,000
1,500,000
500,000

3,693,670

500,000
2,400,000

11,472,600

2,400,000

30,586,096

86,640,000

23,000,000

276,336,323

M/s Janaki Medical College, Ramdaiya, Bhawadi, Dhanusha

Hospital Expenses
Description
Capacity Utilisation

2060/61
25%

2061/62
35%

2062/63
40%

2063/64
40%

2064/65
45%

2065/66
45%

2066/67
50%

2067/68
50%

2068/69
50%

NRS' 000
2069/70
50%

Consumables
Consumables
Cost of medicine

3,132
14,972

4,604
48,910

5,525
55,897

5,801
55,897

6,853
62,884

7,196
62,884

8,395
69,871

8,815
69,871

9,255
69,871

9,718
69,871

Total Consumables

18,104

53,514

61,422

61,698

69,737

70,079

78,266

78,685

79,126

79,589

Doctors Consultancy fee

Medical & Allied Staffs

14,851
13,572

21,207
14,251

24,721
14,963

25,216
15,711

28,935
16,497

29,514
17,322

33,449
18,188

34,118
19,097

34,800
20,052

35,496
21,055

Utilities
Electricity
Others

3,000
625

4,410
919

5,292
1,103

5,557
1,158

6,564
1,367

6,892
1,436

8,041
1,675

8,443
1,759

8,865
1,847

9,308
1,939

Total Utilities

3,625

5,329

6,395

6,714

7,931

8,328

9,716

10,201

10,712

11,247

Repair & Maintenance

855

1,804

3,104

3,449

3,449

3,449

3,449

3,449

3,449

3,449

Total Repairs and Maintenances

855

1,804

3,104

3,449

3,449

3,449

3,449

3,449

3,449

3,449

Insurance

285

601

1,035

1,150

1,150

1,150

1,150

1,150

1,150

1,150

Total Insurance

285

601

1,035

1,150

1,150

1,150

1,150

1,150

1,150

1,150

51,292

96,706

111,639

113,938

127,698

129,841

144,216

146,700

149,288

151,985

Total Variable Cost

M/s Janaki Medical College, Ramdaiya, Bhawadi, Dhanusha

Estimation of Tution & Mess Income
Description

No of paid
Student

2060/61

2061/62

2062/63

2063/64

2064/65

2065/66

2066/67

2067/68

2068/69

2069/70

Tution Fee (Nepalese)

Batch - 1st
Batch - 2nd
Batch - 3rd
Batch - 4th
Batch - 5th
Total ('000)

27
27
27
27
27

4,387,500
4,388

7,020,000
4,387,500
11,408

7,020,000
7,020,000
4,387,500
18,428

7,020,000
7,020,000
7,020,000
4,387,500
25,448

7,020,000
7,020,000
7,020,000
7,020,000
4,387,500
32,468

2,632,500
7,020,000
7,020,000
7,020,000
7,020,000
30,713

2,632,500
7,020,000
7,020,000
7,020,000
23,693

2,632,500
7,020,000
7,020,000
16,673

2,632,500
7,020,000
9,653

2,632,500
2,633

Tution Fee (Others)

Batch - 1st
Batch - 2nd
Batch - 3rd
Batch - 4th
Batch - 5th
Total ('000)

27
27
27
27
27

7,020,000
7,020

11,232,000
7,020,000
18,252

11,232,000
11,232,000
7,020,000
29,484

11,232,000
11,232,000
11,232,000
7,020,000
40,716

11,232,000
11,232,000
11,232,000
11,232,000
7,020,000
51,948

4,212,000
11,232,000
11,232,000
11,232,000
11,232,000
49,140

4,212,000
11,232,000
11,232,000
11,232,000
37,908

4,212,000
11,232,000
11,232,000
26,676

4,212,000
11,232,000
15,444

4,212,000
4,212

300

60
20,000
1,200

120
21,000
2,520

180
22,050
3,969

240
23,153
5,557

300
24,310
7,293

300
25,526
7,658

300
26,802
8,041

300
28,142
8,443

300
29,549
8,865

300
31,027
9,308

12,608

32,180

51,881

71,720

91,709

87,510

69,641

51,791

33,961

16,152

Net Mess Income

No. of Total Student
Rate/student
Total ('000)
Total Tution & Mess Income (NRS '000)
* Semester is started from Decmber

* MBBS is 5 years course

M/s Janaki Medical College, Ramdaiya, Bhawadi, Dhanusha

Estimation of Hospital Income
Description
Capacity Utilisation

2060/61
25%

2061/62
35%

2062/63
40%

2063/64
40%

2064/65
45%

2065/66
45%

2066/67
50%

2067/68
50%

2068/69
50%

2069/70
50%

Bed Revenue
General bed
Rate
Total ('000)

27,375
250
6,844

89,425
255
22,803

102,200
260
26,582

102,200
265
27,114

114,975
271
31,113

114,975
276
31,735

127,750
282
35,967

127,750
287
36,686

127,750
293
37,420

127,750
299
38,168

Operation Theatre
Rate
Total ('000)

913
15,000
13,688

1,278
15,300
19,546

1,460
15,606
22,785

1,460
15,918
23,240

1,643
16,236
26,668

1,643
16,561
27,202

1,825
16,892
30,829

1,825
17,230
31,445

1,825
17,575
32,074

1,825
17,926
32,716

Investigation
Rate
Total ('000)

4,563
1,000
4,563

6,388
1,020
6,515

7,300
1,040
7,595

7,300
1,061
7,747

8,213
1,082
8,889

8,213
1,104
9,067

9,125
1,126
10,276

9,125
1,149
10,482

9,125
1,172
10,691

9,125
1,195
10,905

Medical Consultation - New

Rate
Total ('000)

27,375
20
548

38,325
20
782

43,800
21
911

43,800
21
930

49,275
22
1,067

49,275
22
1,088

54,750
23
1,233

54,750
23
1,258

54,750
23
1,283

54,750
24
1,309

Medical Consultation - Old

Rate
Total ('000)

4,563
10
46

6,388
10
65

7,300
10
76

7,300
11
77

8,213
11
89

8,213
11
91

9,125
11
103

9,125
11
105

9,125
12
107

9,125
12
109

X-ray
Rate
Total ('000)

7,300
500
3,650

10,220
510
5,212

11,680
520
6,076

11,680
531
6,197

13,140
541
7,112

13,140
552
7,254

14,600
563
8,221

14,600
574
8,385

14,600
586
8,553

14,600
598
8,724

Total ('000)

913
4,500
4,106

1,278
4,590
5,864

1,460
4,682
6,835

1,460
4,775
6,972

1,643
4,871
8,001

1,643
4,968
8,161

1,825
5,068
9,249

1,825
5,169
9,434

1,825
5,272
9,622

1,825
5,378
9,815

Total ('000)

2,281
1,000
2,281

3,194
1,020
3,258

3,650
1,040
3,797

3,650
1,061
3,873

4,106
1,082
4,445

4,106
1,104
4,534

4,563
1,126
5,138

4,563
1,149
5,241

4,563
1,172
5,346

4,563
1,195
5,453

Total ('000)

18,250
700
12,775

25,550
714
18,243

29,200
728
21,266

29,200
743
21,691

32,850
758
24,891

32,850
773
25,388

36,500
788
28,773

36,500
804
29,349

36,500
820
29,936

36,500
837
30,535

Total ('000)

18,250
200
3,650

25,550
204
5,212

29,200
208
6,076

29,200
212
6,197

32,850
216
7,112

32,850
221
7,254

36,500
225
8,221

36,500
230
8,385

36,500
234
8,553

36,500
239
8,724

Total ('000)

13,688
100
1,369

19,163
102
1,955

21,900
104
2,278

21,900
106
2,324

24,638
108
2,667

24,638
110
2,720

27,375
113
3,083

27,375
115
3,145

27,375
117
3,207

27,375
120
3,272

Pharmacy Income
Total ('000)

21,389
21,389

69,871
69,871

79,852
79,852

79,852
79,852

89,834
89,834

89,834
89,834

99,815
99,815

99,815
99,815

99,815
99,815

99,815
99,815

74,907

159,325

184,131

186,216

211,886

214,327

240,908

243,730

246,608

249,544

CT Scan
Rate
Ultrasound
Rate
Laboratory
Rate
Dressing
Rate
Other
Rate

Total Hospital Income (NRS '000)

M/s Janaki Medical College, Ramdaiya, Bhawadi, Dhanusha

Loan Repayment Schedule
2059/60

2060/61

2061/62

2062/63

2063/64

2064/65

2065/66

2066/67

2067/68

2068/69

2069/70

Loans
Opening Balance
Long Term Loan
Short Term Loan

15,000,000
15,000,000
-

15,000,000
15,000,000
-

65,000,000
65,000,000
-

65,000,000
65,000,000
-

52,000,000
52,000,000
-

39,000,000
39,000,000
-

26,000,000
26,000,000
-

13,000,000
13,000,000
-

Total

15,000,000

15,000,000

65,000,000

65,000,000

52,000,000

39,000,000

26,000,000

13,000,000

13,000,000
13,000,000
-

13,000,000
13,000,000
-

13,000,000
13,000,000
-

13,000,000
13,000,000
-

13,000,000
13,000,000
-

Repayment of loan
Long Term Loan
Short Term Loan

(50,000,000)
(50,000,000)
-

Closing Balance
Long Term Loan
Short Term Loan

15,000,000
15,000,000
-

65,000,000
65,000,000
-

65,000,000
65,000,000
-

52,000,000
52,000,000
-

39,000,000
39,000,000
-

26,000,000
26,000,000
-

13,000,000
13,000,000
-

Total
Average Balance

15,000,000
15,000,000

65,000,000
40,000,000

65,000,000
65,000,000

52,000,000
58,500,000

39,000,000
45,500,000

26,000,000
32,500,000

13,000,000
19,500,000

12.00%

12.00%

12.00%

12.00%

12.00%

12.00%

Interest Rate
Interest

4,800,000

7,800,000

7,020,000

5,460,000

3,900,000

2,340,000

6,500,000
12.00%
780,000

12.00%

12.00%
-

12.00%
-

M/s Janaki Medical College, Ramdaiya, Bhawadi, Dhanusha

Calculation of Net present Value & IRR
S
No

Year

Year 0
1
2060/61
2
2061/62
3
2062/63
4
2063/64
5
2064/65
6
2065/66
7
2066/67
8
2067/68
9
2068/69
10
2069/70
Internal Rate Return (IRR)

Investment Equity &

Loan
(103,396)
(63,300)
(86,640)
(23,000)

Net Profit

30,034
57,654
41,052
80,425
81,215
75,991
61,190
45,670
30,009
33,129

Depreciation, Interest
Annual
Discount
& Amortisation
Cash flow Factor (DF)
(103,396)
17,699
(15,568)
15%
17,298
(11,688)
20%
15,738
33,790
25%
14,178
94,603
27.50%
6,501
87,716
30%
4,941
80,932
40%
4,161
65,351
4,161
49,831
4,161
34,170
33,129
27.50%

NPV at given
DF
76,430
37,372
10,309
0
(8,649)
(31,504)

M/s Janaki Medical College, Ramdaiya, Bhawadi, Dhanusha

Calculation of Payback Period
S
No

Year

Year 0
1
2060/61
2
2061/62
3
2062/63
4
2063/64
5
2064/65
6
2065/66
7
2066/67
8
2067/68
9
2068/69
10
2069/70
Payback Period

Investment Equity &

Loan
(103,396)
(63,300)
(86,640)
(23,000)

Net Profit

30,034
57,654
41,052
80,425
81,215
75,991
61,190
45,670
30,009
33,129

Depreciation, Interest
Annual
& Amortisation
Cash flow
(103,396)
17,699
(15,568)
17,298
(11,688)
15,738
33,790
14,178
94,603
6,501
87,716
4,941
80,932
4,161
65,351
4,161
49,831
4,161
34,170
33,129

Cummulative
Cash inflow
(103,396)
(118,964)
(130,652)
(96,862)
(2,259)
85,457
166,389
231,739
281,570
315,740
348,869

Payback
period

4.03

4.03

M/s Janaki Medical College, Ramdaiya, Bhawadi, Dhanusha

Profitability Analysis

2060/61
Net Profit Before interest & deprecia
(8,602)

2061/62
47,732

2062/63
74,952

2063/64
92,108

2064/65
121,411

2065/66
114,787

2066/67
106,263

4,800

7,800

7,020

5,460

3,900

2,340

780

Profit before Depreciation & Tax

(13,402)

39,932

67,932

86,648

117,511

112,447

Less: Depreciation & Amortisation

9,384

9,899

10,278

10,278

10,278

Profit before Tax

(22,786)

30,034

57,654

76,370

Less: - Income Tax

35,318

(22,786)

30,034

22,336

Interest

Net Profit (Transferred to B/S)

2067/68
85,747

2068/69
65,054

NRS 000
2069/70
44,173

105,483

85,747

65,054

44,173

4,161

4,161

4,161

4,161

4,161

107,233

108,286

101,322

81,586

60,893

40,012

26,808

27,072

25,330

20,397

15,223

10,003

11,043

49,561

80,162

82,956

80,925

66,363

50,890

28,969

M/s Janaki Medical College, Ramdaiya, Bhawadi, Dhanusha

Summary of Project Cost
Fixed Assets
S. No.
1
2
3
4
5
6

Description
Land & Land Development
Building
Medical Plant & Equipment
Furniture Fixture & Equipment
Vehicle
Pre-operating Expenses

Total Project Cost

2059/60

2060/61

2061/62

2062/63

Total

15,835,000
44,380,000
6,128,957
2,193,670
4,272,600
30,586,096

47,500,000
10,000,000
1,000,000
4,800,000
-

65,690,000
18,050,000
500,000
2,400,000
-

23,000,000
-

15,835,000
180,570,000
34,178,957
3,693,670
11,472,600
30,586,096

103,396,323

63,300,000

86,640,000

23,000,000

276,336,323

88,396,323
15,000,000
103,396,323

13,300,000
50,000,000
63,300,000

86,640,000
86,640,000

23,000,000
23,000,000

211,336,323
65,000,000
276,336,323

Financing Pattern of the Project

Equity Financing (Net of Internal Accruals)
Loan Financing
Total Financing Pattern

M/s Janaki Medical College, Ramdaiya, Bhawadi, Dhanusha

Financial Ratios

Particulars
Net profit after tax before Interest

2060/61 2061/62
(17,986)
37,834
172,248
100,000
107,248
65,000

2062/63
29,356

2063/64
55,021

2064/65
84,062

2065/66
85,296

2066/67
81,705

2067/68
66,363

2068/69
50,890

NRS 000
2069/70
28,969

216,902
100,000
164,902
52,000

244,954
100,000
205,954
39,000

302,379
100,000
276,379
26,000

360,593
100,000
347,593
13,000

408,585
100,000
408,585
-

449,774
100,000
449,774
-

475,444
100,000
475,444
-

480,453
100,000
480,453
-

Total Capital employed

Equity capital
Net worth
Total Debt

165,000
100,000
77,214
65,000

Return on Capital employed

-10.90%

21.96%

13.53%

22.46%

27.80%

23.65%

20.00%

14.75%

10.70%

6.03%

Return on Equity

-22.79%

30.03%

22.34%

49.56%

80.16%

82.96%

80.93%

66.36%

50.89%

28.97%

Return on Networth

-29.51%

28.00%

13.55%

24.06%

29.00%

23.87%

19.81%

14.75%

10.70%

6.03%

Debt to Total Capital

39.39%

37.74%

23.97%

15.92%

8.60%

3.61%

0.00%

0.00%

0.00%

0.00%

Debt/ Net worth ratio

84/100

61/100

32/100

19/100

9/100

4/100

2060/61

2061/62

2062/63

2063/64

2064/65

2065/66

2066/67

2067/68

2068/69

2069/70

70,524
-

Debt Serving Capacity Ratio

Particulars
Net Profit Before Interest and dep. afte
Payment of Interest and Principal
Debt Serving Ratio

(8,602)
4,800

47,732
7,800

39,634
20,020

65,299
18,460

94,340
16,900

89,457
15,340

85,866
13,780

(1.79)

6.12

1.98

3.54

5.58

5.83

6.23

55,051
-

33,129
-

M/s Janaki Medical College, Ramdaiya, Bhawadi, Dhanusha

Working Capital Requirement Analysis
Description
Current Assets:

2060/61

2061/62

2062/63

2063/64

2064/65

2065/66

2066/67

2067/68

NRS '000
2068/69 2069/70

Inventory
Consumables
Medicine
Other Consumables

1,558
257
1,231
70

4,547
378
4,020
148

5,303
454
4,594
255

5,355
477
4,594
283

6,015
563
5,169
283

6,043
591
5,169
283

6,716
690
5,743
283

6,751
724
5,743
283

6,787
761
5,743
283

6,825
799
5,743
283

Advances

1,437

3,056

3,531

3,571

4,064

4,110

4,620

4,674

4,729

4,786

Deposits

4,105

8,730

10,089

10,204

11,610

11,744

13,200

13,355

13,513

13,674

Operational Cash
Administrative Expenses
Utilities
Insurance

2,003
1,842
149
12

2,178
1,934
219
25

2,336
2,031
263
43

2,456
2,132
276
47

2,612
2,239
326
47

2,741
2,351
342
47

2,915
2,469
399
47

3,059
2,592
419
47

3,209
2,722
440
47

3,367
2,858
462
47

Total Current Assets

9,102

18,510

21,260

21,585

24,301

24,638

27,452

27,839

28,238

28,652

Current Liabilities:

4,216

7,948

9,176

9,365

10,496

10,672

11,853

12,058

12,270

12,492

Account Payable

4,216

7,948

9,176

9,365

10,496

10,672

11,853

12,058

12,270

12,492

Net Working Capital

4,886

10,562

12,085

12,220

13,806

13,966

15,599

15,781

15,968

16,160