Annexure - 4: Working Capital Requirement

M/S Mandal Federation

From 1st April, 2006 to 31st March, 2007

Raw material Procurement price (in Rs)

Jigget (Gum) 37.15 37.15 37.15 37.15 37.15 37.15 37.15 37.15
Charcoal 4.16 4.16 4.16 4.16 4.16 4.16 4.16 4.16
Kallibark powder ( Nurva) 7.01 7.01 7.01 7.01 7.01 7.01 7.01 7.01
Bamboo splints 16.87 16.87 16.87 16.87 16.87 16.87 16.87 16.87
1-Apr 1-May 1-Jun 1-Jul 1-Aug 1-Sep 1-Oct 1-Nov
Operating cycle days 25 25 25 25 25 25 25 25
Raw material required (In Kg)
Jigget (Gum) 4000 4000 4000 4000 4000 4000 4000 4000
Charcoal 6000 6000 6000 6000 6000 6000 6000 6000
Kallibark powder ( Nurva) 3000 3000 3000 3000 3000 3000 3000 3000
Bamboo splints 3500 3500 3500 3500 3500 3500 3500 3500
Raw material processed 16500 16500 16500 16500 16500 16500 16500 16500
Raw agarbattis obtained @ 91% recovery 15015 15015 15015 15015 15015 15015 15015 15015

Opening Balance (in Rs) 500000 542278 ### ### 434343.71 400227.12 414564.62 431827.64
outflow (in Rs)
Procurement cost
Jigget (Gum) 148600 148600 148600 148600 148600 148600 148600 148600
Charcoal 24972 24972 24972 24972 24972 24972 24972 24972
Kallibark powder ( Nurva) 21030 21030 21030 21030 21030 21030 21030 21030
Bamboo splints 59045 59045 59045 59045 59045 59045 59045 59045
salaries 13000 13000 13000 13000 13000 13000 13000 13000
wages 210500 210500 210500 210500 210500 210500 210500 210500
Transport 1600 1600 1600 1600 1600 1600 1600 1600
electricity 500 500 500 500 500 500 500 500
Stationery 500 500 500 500 500 500 500 500
Payment to bank 50000 50000 50000 50000 2500
Payment to MF 20000 20000 20000 20000 20000 20000 20000
Interest payment to MF 6090 5881.35 5669.57 5454.61 5236.43 5014.98 4790.2
Interest payment to bank 3083.06 2379.31 1665 939.97 204.07
Misc 3500 3500 3500 3500 3500 3500 3500 3500
Total outflow 483247 ### ### ### 559641.59 511187.51 508261.98 508037.2
Inflow (In Rs)
From Sale of Raw agarbattis 525525 525525 525525 525525 525525 525525 525525 525525
Total 525525 525525 525525 525525 525525 525525 525525 525525

Cash Available 500000 542278 ### ### ### 400227.12 414564.62 431827.64 449315.43

Net loan from bank 202500 205537.5 ### ### 62664.87 13604.84 0

Net loan from MF 400000 406000 392090 ### ### 349095.53 334331.97 319346.95 304137.15
 37.15 37.15 37.15 37.15
4.16 4.16 4.16 4.16
7.01 7.01 7.01 7.01
16.87 16.87 16.87 16.87
1-Dec 1-Jan 1-Feb 1-Mar
25 25 25 25

4000 4000 4000 4000

6000 6000 6000 6000
3000 3000 3000 3000
3500 3500 3500 3500
16500 16500 16500 16500 198000
15015 15015 15015 15015 180180

449315.43 467031.38 484978.89 503161.44

148600 148600 148600 148600 1783200

24972 24972 24972 24972 299664
21030 21030 21030 21030 252360
59045 59045 59045 59045 708540
13000 13000 13000 13000 156000
210500 210500 210500 210500 2526000
1600 1600 1600 1600 19200
500 500 500 500 6000
500 500 500 500 6000
202500
20000 20000 20000 20000 220000
4562.06 4330.49 4095.45 3856.88 54982.02
8271.41 63253.43
3500 3500 3500 3500 42000
507809.06 507577.49 507342.45 507103.88 6284717.43
 525525 525525 525525 525525 6306300
525525 525525 525525 525525 6306300 63253.43

467031.38 484978.89 503161.44 521582.57

288699.21 273029.7 257125.14 240982.02

 Annexure - 5: Profit and Loss statement
M/S Mandal Federation
From 1st April, 2006 to 31st March, 2007

PARTICULARS AMOUNT (Rs)

Revenues 6306300

COGS Jigget (Gum) 148600

Charcoal 24972
Kallibark powder ( Nurva) 21030
Bamboo splints 59045
salaries 13000
wages 210500
Transport 1600
electricity 500
Stationery 500
Misc 3500

Total Expenditure 5798964

total Interest paid 63253.43
Gross Income 444082.57
Depreciation 14750
Profit before Tax 429332.57

Tax Exemption 0% 0

Profit After Tax 429332.57

 Annexure - 6: Opening balance sheet
M/S Mandal Federation
On 1 st April, 2006

Liabilities Amount(Rs) Assets Amount(Rs)

Share capital 100000 land 100000

Grant DRDA 95000 building 100000
Short Term Loan MS 400000 furniture 2500
Short Tertm Loan Bank 202500 plant and equipment 95000
cash 500000

Total 797500 total 797500

Closing Balance Sheet

M/S Mandal Federation
On 31 st March, 2007

Liabilities Amount(Rs) Assets Amount(Rs)

Share capital 100000 land 100000

Grant DRDA 95000 building 95000
Short Term Loan MS 180000 furniture 2250
Short Tertm Loan Bank 0 plant and equipment 85500
Retained earnings 429332.57 cash 521582.57

Total 804332.57 total 804332.57