Project Economies
Description
Internal Rate of Return (IRR)
Payback Period (Year)
Net Present Value (NPV)
Details RS
57%
2.35
8,070,195
Project Financing
Description
Total Equity (10%)
Bank Loan (90%.)
Markup to the Borrower (%age/annum)
Tenure of the Loan (Years)
Grace Period (Year)
Details RS
Rs. 200,000
Rs.1,945,000
8%
8
1
Capital Investment for the Project
Capital Investment
Vehicles
Nissan CDA 311
Nissan CDA 411
Total
Working Capital
Machinery & Equipment
Total
Total Project Cost
Amount (Rs.)
950000
1,000,000
1,950,000
200,000
200,000
2,150,000
Machinery and Raw Material
Sr. No Vehical Model
1
2
3
Nissan CDA 311
Nissan CDA 411
One extra excel For Nissan CDA 311
Total
w Material
Unit measur body
48
50
1
per feet Expens
20000
20000
1
Total expens
950,000
1,000,000
200,000
2,150,000
Human Resource Requirement
Description
Owner
Driving Instructors
Total Salaries
No. of
Salary per Salry per month
Employee
1
20,000
20,000
3
15,000
45,000
Salary per Anum
240000
540000
780000
Revenue Generation
Description No. Of Trip
Trip 1
Trip 2
Annual Revenue
Rent
Per month
1 190000
190000
1 190000
190000
1 year revenue
2280000
2280000
4560000
Income Statement
Income Statement
Year 1
Revenue
Year 2
4,583,260 5,229,031
Cost of sales
Cost of goods sold (Fuel Cost)
1,659,998 1,756,598
Operation costs 1 (direct labor)
540,000
592,575
Operating costs 2 (machinery maintenance)
162,000
196,020
Total
2,361,998 2,545,193
Gross Profit
2,221,262 2,683,838
General administration & selling expenses
Administration expense
240,000
263,367
43,200
52,272
Promotional expense
108,000
130,680
Depreciation expense
350,000
350,000
Subtotal
741,200
796,319
Communications expense (phone, fax, mail, inter
Operating Income
1,480,062 1,887,519
Earnings Before Interest & Taxes
1,480,062 1,887,519
Earnings Before Interest & Taxes
446,802
662,088
Interest expense on long term debt (Project Loan)
164,459
123,099
Subtotal
164,459
123,099
Earnings Before Tax
Tax
NET PROFIT/(LOSS) AFTER TAX
1,315,603 1,764,420
0
13,899
1,315,603 1,750,521
me Statement
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
5,390,600 5,807,000 6,243,200 6,812,304
7,308,600 7,860,000 8,234,000 8,900,100
1,767,918 1,795,935 1,892,877 1,811,248
1,853,864 1,934,251 1,977,676 1,978,543
650,269
713,580
783,055
859,295
942,957 1,034,765 1,135,511 1,246,066
235,224
280,309
332,058
391,354
459,189
505,107
555,618
611,180
2,653,411 2,789,824 3,007,990 3,061,897
3,256,010 3,474,123 3,668,805 3,835,789
2,737,189 3,017,176 3,235,210 3,750,407
4,052,590 4,385,877 4,565,195 5,064,311
289,008 317,147
348,025
381,909
419,092
459,895
504,671
553,807
62,726
74,749
88,549
104,361
122,450
134,695
148,165
162,981
106,816
186,872
221,372
260,903
306,126
336,738
370,412
407,453
350,000
350,000
350,000
350,000
350,000
350,000
350,000
350,000
808,550
928,768 1,007,946 1,097,173
1,197,668 1,281,328 1,373,248 1,474,241
1,928,639 2,088,408 2,227,264 2,653,234
2,854,922 3,104,549 3,191,947 3,590,070
1,928,639 2,088,408 2,227,264 2,653,234
2,854,922 3,104,549 3,191,947 3,590,070
914,358 1,208,856 1,551,503 1,948,983
2,408,837 2,669,315 2,956,190 3,272,137
108,167
91,997
74,484
55,517
34,977
12,731
108,167
91,997
74,484
55,517
34,977
12,731
1,820,472 1,996,411 2,152,780 2,597,717
43,429
90,029
144,053
226,193
1,777,043 1,906,382 2,008,727 2,371,524
2,819,945 3,091,818 3,191,947 3,590,070
322,272
386,646
461,547
540,534
2,497,673 2,705,172 2,730,400 3,049,536
Balance sheet
Year 0
Asset
Current assets
Cash & Bank
200,000
Total
200000
Fixed assets
Machinery & equipment
1,945,000
Total Fixed Assets
1,945,000
Intangible assets
Pre-operation costs
100,909
Total Intangible Assets
100,909
TOTAL ASSETS
2,145,000
Liabilities & Shareholders' Equity
Liabilities & Shareholders' Equity
Short term debt
Total Current Liabilities
0
Other liabilities
Deferred tax
Long term debt (Debt facility : Bank 1)
1,965,000
Long term debt (Debt facility : Bank 2)
Total Long Term Liabilities
1,965,000
Shareholders' equity
Paid-up capital
180,000
Retained earnings
Total Equity
180,000
TOTAL CAPITAL AND LIABILITIES
2,145,000
Balance Sheet
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
1,675,603 1,191,435 1,962,797 3,028,657 4,437,164 6,243,151 8,508,993 11,035,311 14,151,501
1,675,603 1,191,435 1,962,797 3,028,657 4,437,164 6,243,151 8,508,993 11,035,311 14,151,501
1,640,000 1,280,000 1,120,000
960,000
800,000
640,000
480,000
320,000
160,000
1,640,000 1,280,000 1,120,000
960,000
800,000
640,000
480,000
320,000
160,000
90,818
80,727
70,636
60,545
50,454
40,364
30,273
20,182
10,091
90,818
80,727
70,636
60,545
50,454
40,364
30,273
20,182
10,091
3,315,603 2,471,435 3,082,797 3,988,657 5,237,164 6,883,151 8,988,993 11,355,311 14,311,501
13,899
57,327
147,356
291,409
517,602
839,874
1,226,519
1,688,067
1,820,000 1,440,103 1,245,274 1,034,275
805,762
558,284
290,265 -
1,820,000 1,454,002 1,302,601 1,181,631 1,097,171 1,075,886 1,130,139
1,226,519
1,688,067
180,000
180,000
180,000
1,315,603
180,000
180,000
180,000
180,000
180,000
180,000
837,433 1,600,196 2,627,026 3,959,993 5,627,265 7,678,854
9,948,792 12,443,434
1,495,603 1,017,433 1,780,196 2,807,026 4,139,993 5,807,265 7,858,854 10,128,792 12,623,434
3,315,603 2,471,435 3,082,797 3,988,657 5,237,164 6,883,151 8,988,993 11,355,311 14,311,501
1,315,603
0
1003261
Year 10
17,583,638
17,583,638
0
0
17,583,638
0
0
2,228,601
0
2,228,601
180,000
15,175,037
15,355,037
17,583,638
Statement of C
Statement of Cash Flow
Year 0
Operating activities
Net profit
Add: depreciation expense
Deferred income tax
Cash provided by operations
Financing activities
Debt facility : Bank 1 - principal repayment
Additions to Debt facility : Bank 1
Issuance of shares
Cash provided by / (used for) financing activities
Investing activities
Capital expenditure
Acquisitions
Cash (used for) / provided by investing activities
NET CASH
0
1,945,000
180,000
2,125,000
-1,945,000
-1,945,000
180,000
Statement of Cash Flow
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
1315603
1750521
1777043
1906382
2008727
2371524
2497673
2705172
2730400
350,000
350,000
350,000
350,000
350,000
350,000
350,000
350,000
350,000
13,899
43,429
90,029
144,053
226,193
322,272
386,646
461,547
1,665,603 2,114,420 2,170,472 2,346,411 2,502,780 2,947,717 3,169,945 3,441,818 3,541,947
-179,897
-194,829
-210,999
-228,512
-247,479
-268,019
-290,265
0
0
0
-179,897
0
-194,829
0
-210,999
0
-228,512
0
-247,479
0
-268,019
0
-290,265
0
0
1,665,603 1,934,523 1,975,643 2,135,412 2,274,268 2,700,238 2,901,926 3,151,553 3,541,947
Year 10
3049536
350,000
540,534
3,940,070
0
0
0
0
0
3,940,070
KEY ASSUMPTIONS
Milk Sale Price (cow) Rs.
Milk Sale Price (buffalo) Rs.
Capacity Utilization
Cow Ratio in the Herd
Purchase Price of a Cow (Rs.)
Purchase Price of a Buffalo (Rs.)
Sale Price of a Low Yielder cow (Rs.)
Sale Price of a Low Yielder buffalo (Rs.)
Sale Price of one year Male Calf (Rs.)
Milk Yield per Cow/day (liters)
Milk Yield per Buffalo/day (liters)
UMPTIONS
60
60
100
0.5
130,000
120,000
50,000
50,000
50,000
12
8
