ANNEXURE "A"

ANNEXURE "A-1"
ASSESSMENT OF WORKING CAPITAL REQUIREMENTS
FORM II : OPERATING STATEMENT
Name:

Particulars Audited Provisional

Estimated Projected Projected Projected
2007-08 2008-09 2009-10 2010-11 2011-12 2012-13
1 Gross Sales (net of returns)
Domestic Sales - - - - - -
Domestic sales Animal Feeds - - - - - -
Export Sales - - - - - -
DEPB ON EXPORT SALES - - - - - -
TOTAL - - - - - -

2 Less: Excise Duty/Sales Tax - - - - - -

3 Net Sales (1 - 2) - - - - - -
4 %age rise or fall in Net sales as compared to the #VALUE! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
previous year
5 Cost of Sales:
i) Raw Materials Consumption
Indigenous - - - - - -
Imported - - - - - -
ii) Stores, Spares & Consumables
Indigenous - - - - - -
imported
iii) Power, Fuel & Water - - - -
iv) Direct Labour - - - - - -
v) Other Manufacturing Expenses - -
vi) Royalty
vii) Depreciation - - - - - -
Sub total (i io vi) - - - - - -
viii) Add: Opening Stock-in-process
Subtotal - - - - - -
ix) Less: Closing Stock-in-process
Subtotal (Cost of Production) - - - - - -
% to Net Sales #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
x) Add: Opening stock of finished goods
Subtotal - - - - - -
xi) Less: Closing stock of finished goods
Subtotal (Cost of Sales) - - - - - -
% to Net Sales #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

6 Selling, general & Administrative Expenses - - - - - -

7 Subtotal (5 + 6) - - - - - -
8 Operating Profit before Interest (3 - 7) - - - - - -
9 a)Interest- Term Loan - - - - - -
b) Interest-Working Capital - - - - - -
c) Others - - - - - -
10 Operating Profit after Interest (8 - 9) - - - - - -
Other Income/(Expenses) - - - - - -
11 Interest & Rent received - - - - - -
12 Cash Discount - - - - - -
13 Dividend Received - - - - - -
14 Profit on sale of Fixed Assets - - - - - -
15 Misc. Receipts - - - - - -
Expenses Capitalized and Excess Prov. written
back - - - - -
16 Profit Before Tax - - - - - -
17 Provision for tax - - - - - -
17A Provision for Deferred tax - - - - - -
18 Net Profit (16-17) - - - - - -
19 Equity Dividend Paid - - - - - -
Rate of Dividend (%) - - - - - -
Provision relating to earlier years - - - - - -
Rate on Pref. Dividend - - - - - -
20 Retained Profit (18-19) - - - - - -
21 Retained Profit/Net Profit (%) #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
22 Cash Accruals (14 + 5(vi) + 13) - - - - - -
 ANNEXURE "A-2"
ASSESSMENT OF WORKING CAPITAL REQUIREMENTS
FORM III : BALANCE SHEET
Name:
Particulars Audited Provisional Estimated Projected Projected Projected
2007-08 2008-09 2009-10 2010-11 2011-12 2012-13
LIABILITIES
Current Liabilities:
1 Short term borrowings from banks: - - - - -
Bills Discounted - - - - - -
Bills Discounted outside MPBF - - - - - -
Interest accrued & due - - - - - -
Sub-total (A) - - - - - -
2 Short term borrowings from others - - - - - -
3 Sundry Creditors (trade) - -
4 Advance payment from customers/deposit from
Dealers - - - - - -
5 Net Tax Liability - -
6 Loans & Advances - - - - - -
Dividend -tax payable - - - - - -
7 Other Statutory Liabilities (due within one year) - - - - - -
8 Deposits/Term Loan Instt./Debentures/DPGs maturing
within one year - - - - - -
9 Other Current Liabilities and Provisions (due within
one year) - - - -
(Specify major items separately)-- - - - -
a) Gratuity Provision - - - - - -
b) ST/CST/TOT - - - - - -
c) Interest charges accrued & due - - - - - -
d) Interest charges accrued but notdue - - - - - -
e) other current liabilities - - - - - -
f) Accrued Expenses - - - - - -
Sub Total (B) - - - - - -
10 Total Current Liabilities (1 to 9) - - - - - -
-
Term Liabilities:
11 Debentures - - - - - -
12 Preference Shares (redeemable after 1 year) - - - - - -
13 Term Loans - - - - - -
13A Deposits/Term Loan instalment/Debentures/DPG
maturing within 1 year/Deferred Tax Liability - - - - - -
14 Deferred Payment Credits (excluding instalments
payable within 1 year) - - - - - -
15 Term Deposits from directors) - - - - -
16 Unsecured loans from Outsiders - - - - -
Unsecured Loans from Directors - - - - - -
17 Total Term Liabilities - - - - - -

18 Total Outside Liabilities (Item 10 plus 17) - - - - - -

Non Current Liabilities - - - - - -

Net Worth
19 Ordinary Share Capital - - - - - -
Share Appl Money - - - - - -
A) Interest-free long term loan under incentive
scheme of Govt. of Maharashtra - -
20 Capital Reserve - - - - - -
21 General Reserve - - - - - -
22 Revaluation Reserve - - - - - -
23 Other Reserves - - - - - -
24 Prefernce Shares - - - - - -
25 Surplus/Deficit in P&L a/c - - - -
26 Net worth - - - - - -

27 TOTAL LIABILITIES (18 + 26) - - - - - -

 ASSETS
Current Assets
28 Cash & Bank balances - - - - - -
29 Investments (other than long term investments, eg.
sinking fund etc.) - - - - - -
(i) Govt. & other trustee securities - - - - - -
(ii) Fixed deposits with banks - - - - - -
30 (i) Receivables - - - - - -
(ii) Export Receivables - - - - - -
31 Instalments of deferred receivables (due within year)
- - - - - -
32 Inventory:
i) Raw materials
(a) Imported - - - - - -
(b) Indigenous - - - - -

ii) Stocks in progress (WIP) - - - - - -

iii) Finished Goods - - - - - -
iv) Other consumable spares - - - - - -
33 Advance to suppliers of raw material and stores/spare
consumables - - - - - -
34 Advance payment of tax - - - - - -
TDS - - - - - -
Advance against Technical knowhow - - - - - -
35 Other current assets (Loans & Advances) - - - - -
Claims Receivables - - - - - -
Prepaid Expenses - - - - - -
EMDs/Deposits due in 12 months - - - - - -
Other Advance - - - - - -
Other current assets - - - - - -
36 Total Current Assets (28 to 35) - - - - - -

Fixed Assets
37 Gross Block (Land & Building, Machinery, Construction
in progress etc.) - - - - - -
38 Advances to suppliers of capital goods & capital
expenditure - - - - - -
39 Depreciation to date - - - - - -
40 Net Block (37 +38 - 39) - - - - - -

Other Non-Current Assets

41 Investment etc. which are not current assets
i) a)Investments in subsidiary/group companies - - - - - -
b)Others & affiliates - - - - - -
ii) Advances to suppliers of capital goods & capital
expenditure - - - - - -
iii) Deferred Revenue expenditure - - - - - -
iv) Others Security deposit (F.D. with banks & others)
- - - - - -
42 Non consumable stores & spares - - - - - -
43 Other misc.assets include dues from directors - - - - - -
44 Total Other Non-Current Assets (41 to 43) - - - - - -
45 Intangible Assets & Deferred Revenue Expenditure - - - - - -

46 TOTAL ASSETS (36+ 40 + 44 + 45) - - - - - -

- - - - - -
Tangible Networth - - - - - -
Net Working Capital - - - - - -
Liabilities - Assets (should be equal to 0) - - - - - -

Adjusted Net Worth - - - - - -

 Ratio Analysis

I Liquidity Ratios
Current Ratio #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Current Ratio considering term liabilities maturing #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
within 1 year as current
Net Working Capital - - - - - -
Bank Finance to NWC #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Bank Finance to Current Liabilities #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

II Investsment Ratios
Return On Investment (PBIT/Investment) #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Return On Equity #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

III Profitability Ratios

Gross Operating Margin #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Net Operating Margin #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Raw Material to COP #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Stores & Spares to COP #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Power, Fuel & Water to COP #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Direct Labour to COP #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Other Manufacturing Expenses to COP #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Selling, general & Administrative Expenses to Sales #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Interest to Sales #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

IV Leverage Ratios
Long Term Debt-Equity Ratio #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Total Debt-Equity Ratio #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Debt-quasi equity ratio #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Interest Coverage Ratio #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
DSCR #VALUE! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

V Turnover Ratios
Inventory Turnover Ratio #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Receivable Turnover Ratio #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Interest/All Loans #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Average Collection Period #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
 Name:
PERFORMANCE & FINANCIAL INDICATORS

Audited Provisional
Particulars
Estimated Projected Projected Projected
2007-08 2008-09 2009-10 2010-11 2011-12 2012-13

a Paid up capital-Equity - - - - - -
Paid up capital-Preference
Tangible Net Worth excl/ Revaluation
b Reserve/Intangibles - - - - - -
c Investment in cos. - - - - - -
d Adjusted TNW
e Capital Employed - - - - - -
f Net Block - - - - - -
g Net Sales - Domestic - - - - - -
- Exports - - - - - -
h Other Income/(Expenses) - - - - - -
I EBIDTA/PBIDTA - - - - - -
j Interest - - - - - -
k Gross Profit/Loss (PBDT) - - - - - -
l Taxes - - - - - -
m Cash Accruals - - - - - -
n Depreciation - - - - - -
o Net Profit - - - - - -
p Net Profit/Capital Employed #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
q Current Assets - - - - - -
r Current Liabilities - - - - - -

RATIO ANALYSIS

s Current Ratio #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

t Debt/Equity- Total Term Liab/TNW #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Total Outside Liab/TNW #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
u Profitability %-PAT/Sales (%) #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
v a) DSCR- Company as a whole #VALUE! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
DSCR- For specific T/L
w Interest Coverage Ratio #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
x (j) Inv. + Receivables/Sales #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
 ANNEXURE "A-1"

ASSESSMENT OF WORKING CAPITAL REQUIREMENTS

FORM IV : COMPARATIVE STATEMENT OF CURRENT ASSETS AND CURRENT LIABILITIES

Name:

Particulars Audited Provisional EstimatedProjected Projected Projected

2007-08 2008-09 2009-10 2010-11 2011-12 2012-13
CURRENT ASSETS

Raw materials
(a) Imported 0.00 0.00 0.00 0.00 0.00 0.00
months' consumption 0.00 0.00 #DIV/0! #DIV/0! #DIV/0! #DIV/0!
(b) Indigenous 0.00 0.00 0.00 0.00 0.00 0.00
months' consumption #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Other consumable spares 0.00 0.00 0.00 0.00 0.00 0.00

months' consumption #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Stocks in progress 0.00 0.00 0.00 0.00 0.00 0.00

months' cost of production #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Finished Goods 0.00 0.00 0.00 0.00 0.00 0.00

months' cost of Sales #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

(i) Receivables other than export & deferred 0.00 0.00 0.00 0.00 0.00 0.00
receivables including bills purchased/discounted
by banks

months' domestic sales #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

(ii) Export Receivables 0.00 0.00 0.00 0.00 0.00 0.00
months' export sales

Advances to suppliers of raw material & 0.00 0.00 0.00 0.00 0.00 0.00
stores/spares & consumables

Other Current Assets including cash & bank 0.00 0.00 0.00 0.00 0.00 0.00
balances and deferred receivables due within 1
year

Cash on hand 0.00 0.00 0.00 0.00 0.00 0.00

TOTAL CURRENT ASSETS (to agree with item 0.00 0.00 0.00 0.00 0.00 0.00
36 as in form III)
0.00 0.00 0.00 0.00 0.00 0.00

CURRENT LIABILITIES

Creditors for purchase of raw material & stores 0.00 0.00 0.00 0.00 0.00 0.00
etc.
months' purchase #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Advances from Customers 0.00 0.00 0.00 0.00 0.00 0.00

Statutory Liabilities 0.00 0.00 0.00 0.00 0.00 0.00

Other Current Liabilities 0.00 0.00 0.00 0.00 0.00 0.00

TOTAL CURRENT LIABILITIES (to agree with 0.00 0.00 0.00 0.00 0.00 0.00
sub total (B) as in form III)
0.00 0.00 0.00 0.00 0.00 0.00
 ASSESSMENT OF WORKING CAPITAL REQUIREMENTS
FORM V : COMPUTATION OF MAXIMUM PERMISSIBLE BANK FINANCE FOR WORKING CAPITAL

Name:

Particulars Audited Provisional Estimated Projected Projected Projected

2007-08 2008-09 2009-10 2010-11 2011-12 2012-13

Total Current Assets (9 in form IV) 0.00 0.00 0.00 0.00 0.00 0.00

Other Current Liabilities (other than Bank 0.00 0.00 0.00 0.00 0.00 0.00
borrowing and Term Loans repayable in 1
year - 14 of Form IV-8)

Working Capital Gap (1 - 2) 0.00 0.00 0.00 0.00 0.00 0.00

Minimum stipulated Net WC (25% of Total 0.00 0.00 0.00 0.00 0.00 0.00
Current Assets)
Excluding Export Receivables
Actual/projected Net WC 0.00 0.00 0.00 0.00 0.00 0.00

Item 3 minus Item 4 0.00 0.00 0.00 0.00 0.00 0.00

Item 3 minus Item 5 0.00 0.00 0.00 0.00 0.00 0.00

Maximum Permissible Bank Finance (lower 0.00 0.00 0.00 0.00 0.00 0.00
of Item 6 or 7 whichever is lower)

Excess Borrowings (item 5 - item 4) 0.00 0.00 0.00 0.00 0.00 0.00
 Rs. In Lacs
Interest - Repayment Schedule 31.3.2004 31.3.2005 31.3.2006 31.3.2007 31.3.2008
Term Loan
1 Rupee loan
Opening balance 0.00 0.00 0.00 0.00 0.00 0.00
Addns 0.00 0.00 0.00 0.00 0.00 0.00
Repayments 0.00 0.00 0.00 0.00 0.00 0.00
Clg Balance 0.00 0.00 0.00 0.00 0.00 0.00
Avg Balance 0.00 0.00 0.00 0.00 0.00 0.00
Interest 0.00 0.00 0.00 0.00 0.00 0.00
11.50%
2 Foreign Currency loan
Opening balance USD - - - - - -
Addns - - - - - -
Repayments - - - - - -
Repayment in Rupee - - - - -
Clg Balance - - - - - -
Avg Balance - - - - - -
Exchange Rate - - - - - -
Amount in Rupees - - - - - -
Interest rate - - - - - -
Exchange risk - - - - - -
Total - - - - - -
Interest +Exchange risk - - - - - -
7.50%

3 Foreign Currency loan

Opening balance USD - - - - - -
Addns - - - - - -
Repayments - - - - - -
Repayment in Rupee - - - - -
Clg Balance - - - - - -
Avg Balance - - - - - -
Exchange Rate - - - - - -
Amount in Rupees - - - - - -
Interest rate - - - - - -
Exchange risk - - - - - -
Total - - - - - -
Interest +Exchange risk - - - - - -
7.50%
4 Working capital Interest
Amount 0.00 0.00 0.00 0.00 0.00 0.00
Interest 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Amount 0.00 0.00 0.00 0.00 0.00 0.00

Term Loan Interest 0.00 0.00 0.00 0.00 0.00 0.00

### Working Capital Interest 0.00 0.00 0.00 0.00 0.00 0.00
Total Int Payable 0.00 0.00 0.00 0.00 0.00 0.00
Other Int. 0.00 0.00 0.00 0.00 0.00 0.00

Term Loan Installment 0.00 0.00 0.00 0.00 0.00 0.00

 ANNEXURE "A-5"

ASSESSMENT OF WORKING CAPITAL REQUIREMENTS

FORM VI : FUNDS FLOW STATEMENT

(Amount - Rs. in Lacs)

Particulars Audited Provisional Estimated Projected Projected Projected
2007-08 2008-09 2009-10 2010-11 2011-12 2012-13
1 Sources:

Net Profit after Tax - - - - - -

Add: Depreciation - - - - - -
Add: Deferred Revenue Expenditure written off

Increase in :
Ordinary Share Capital #VALUE! - - - - -
Share Premium #VALUE! - - - - -
Capital Reserve #VALUE! - - - - -
Revaluation Reserve #VALUE! - - - - -
Other Reserves (excluding provisions) #VALUE! - - - - -
Preference Shares #VALUE! - - - - -
General Reserve #VALUE! - - - - -
Increase in Term Loans / Debentures / #VALUE! - - - - -
Deferred Payment Liabilities / Public Deposits
& Unsecured Loans

Decrease in Fixed Assets #VALUE! - - - - -

Decrease in Non-Current Assets #VALUE! - - - - -

Increase in Non-Current Liabilities #VALUE! - - - - -

Decrease in Investments #VALUE! - - - - -

Decrease in intangible assets #VALUE! - - - - -

TOTAL #VALUE! - - - - -

2 Uses:

Net Loss before Write-off - - - - - -

Decrease in:
Ordinary Share Capital #VALUE! - - - - -
Share Premium #VALUE! - - - - -
Capital Reserve #VALUE! - - - - -
Revaluation Reserve #VALUE! - - - - -
Other Reserves (excluding provisions) #VALUE! - - - - -
Preference Shares #VALUE! - - - - -
General Reserve #VALUE!
Decrease in Term Loans / Debentures / #VALUE! - - - - -
Deferred Payment Liabilities / Public Deposits
& Unsecured Loans

Increase in Fixed Assets #VALUE! - - - - -

Increase in Non-Current Assets - - - - - -

Decrease in Non-Current Liability #VALUE! - - - - -

Increase In Investments #VALUE! - - - - -

Dividend Payments Equity Dividend Paid - - - - -

Increase in intangible assets - - - - - -

TOTAL #VALUE! - - - - -

3 Long Term Surplus/Deficit #VALUE! - - - - -

4 Increase/(Decrease) in Current Assets #VALUE! - - - - -

5 Increase/(Decrease) in Current Liabilities other #VALUE! - - - - -

than Bank borrowing

6 Increase/(Decrease) in Working Capital gap #VALUE! - - - - -

7 Net Surplus/(Deficit) (3 - 6) #VALUE! - - - - -

8 Increase/(Decrease) in Bank borrowing #VALUE! - - - - -

#VALUE! - - - - -
 Term Loan Calculations

Details 2 3 4 5 6
No. of quarters 1 3 5 7 9 11 13 15 17 19
2 4 6 8 10 12 14 16 18 20

Opening Balance of Term Loan 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Installment Repayment 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Closing Balance of Term Loan 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Amount of Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Amount payable each quarter 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Amount payable each year
0.00 0.00 0.00 0.00 0.00

Amount of Term Loan sanctioned: 0.00 Lacs

Breakup of share in Consortium:

a) Bank of India 0.00%
b) Bank of Baroda 0.00%
c) IDBI Bank 0.00%

Rate of interest:
a) Bank of India 0.00%
b) Bank of Baroda 0.00%
c) IDBI Bank 0.00%

Total Repayment Period 16 quarters

Moratorium period 0 quarters

Repayment starting quarter 1 quarter

Number of installments 16 quarters

Amount of Installment 0.00 Lacs