Capacity per year at Raw material Proportion

300 days working days Virgin PP

Description Feeler Coloring Total
in: Raffia
Kg In Tons 0.84 0.15 0.01
Capacity per day in kg (80% of the 14,400 4,320,000.00 3,628,800.00 648,000.00 43,200.00
Total Capacity)
Cap in ton per day (80% of the 14.40 4,320.00 3,628.80 648.00 43.20 4,320.00
Total Capacity)
Production at 90% Cap. Utilization 12.96 3,888.00 3,265.92 583.20 38.88 3,888.00
Output at wastage rate of 5% 12.31 3,693.60 3,102.62 554.04 36.94 3,693.60
Wastage 5% 0.65 194.40 163.30 29.16 1.94

1.1.1.1 1
4
50.00 30.00
5.
0
Cost of RM per per KG (in ETB) 0
Cost of RM per Ton (in ETB) 50,000 30,000 145,000 225,000
6,264,000
181,440,000 19,440,000 207,144,000
Annual Cost of RM (in ETB) .
Average cost per ton 56,081.87
 Source of Finance
Description Total Cost
Bank Loan Own Source
Buildings
Average cost per KG 56.08
Machine House (87 m*32 M=3132 m) 15000000 10,500,000 4,500,000
Model Quantity Cost per Cost Per Total Cost Total Cost
Warehouses for raw materials and finished
unit in Unit In RTB in USD in ETB
products ............ USD (1$=Br.28)
............ .............
Land clearing and land holding cost 2000000 1,400,000 600,000
Buildings Total 17,000,000 10,900,000 5,100,000
Machineries

Dolomite poweder making plant 19,000,000 13,314,000 5,706,000

Machines Total 19,000,000 13,314,000 5,706,000

Generator 1,200,000 840,000 360,000
Machineries, Installation and Commissioning Costs 1,400,0000 98,000 420,000
Computers 60,000 42,000 18,000
Office Furniture 100,000 70,000 30,000
Power Transformer and Installation Cost 4,000,000 2,800,000 1,200,000
Vehicles ,issue FSR 5,000,000 3,500 ,500,000 1,500,000
Total Capital Investment 47,760,000 33,432,000 14,328,000
Working Capital for 4monthes 32,200,000 22,540,000 9,660.000
Pre-operating Costs 1,000,000 700,000 300,000
Total Working Capital 33,200,000 23,240,000 9 ,960,000
Total Investment 80,960,000 56,672,000 24,288,000

% Share 75% 25%

 Description
Tape Extrusion Line Lorex E105B 3 285,000 7,980,000 855,000 23,940,000
Tape winder LTW200CM 768 520 14,560 399,360 11,182,080
Nova6-576
Circular Loom 78 1,500 42,000 117,000 3,276,000
LF
Bag Conversion Machine BCS 850/45 6 36,000 1,008,000 216,000 6,048,000
Cheese Tube (Aluminum) 120,000 1.33 37 159,600 4,468,800
Industrial Sewing Machine 20 2,160 60,480 43,200 1,209,600
Bag to Bag, 2 color printing machines 2 20,000 560,000 40,000 1,120,000
Bag to Bag, 4 color printing machines 2 24,000 672,000 48,000 1,344,000
Hot wire cutting machine 4 2,400 67,200 9,600 268,800
Hydraulic Bale Press 2 10,800 302,400 21,600 604,800
Testing Instrument Set 3 6,400 179,200 19,200 537,600
Air Compressor 213 CFM at 10 bar 3 30,000 840,000 90,000 2,520,000
Air Receiver Tank 6 3,000 84,000 18,000 504,000
Chiller for tapeline, 50 TR 3 52,000 1,456,000 156,000 4,368,000
Recycling machine 100kg/hr 3 90,000 2,520,000 270,000 7,560,000
Chiller for recycling machine 3 19,000 532,000 57,000 1,596,000
Air/water piping and fittings set 3 20,000 560,000 60,000 1,680,000
Main Electric Distribution Panel and Sub
3 20,000 560,000 60,000 1,680,000
distribution Panel Set
Set of Electric cables, cable trays, lugs 3 40,000 1,120,000 120,000 3,360,000
Erection and commissioning, Training charges 3 20,000 560,000 60,000 1,680,000
Machineries Total (FOB Any port in India 682,781 19,117,877 2,819,560 78,947,680
Freight, Insurance and Tax (15% of the cost) 422,934 11,842,152
Machineries, Installation and Commissioning
Costs 78,947,680 3,242,494 90,789,832

Flexography Thinner
PP Woven PP Woven Number of PP
Description Ink 1kg/3000 1kg/750 pcs
Sheet in ton Sheet in KG Woven bag
pcs of bags of bags
Annual RM for Woven PP Bag
2,308.50 2,308,500 23,085,000 7,695.00 30,780.00
Production
Cost of RM (in ETB) 56,081.87 56.08 5.61 160 30
Cost of RM of woven PP bag (in
129,465,000 1,231,200 923,400
ETB)
Total Cost of raw material 131,619,600.00
Total Number of Units Produced 5.70
 Cost Cost Per
Total
per Unit In Total Cost
Description Quantity Cost in
unit in RTB in ETB
USD
USD (1$=Br.28)

Lamination Machine (https://www.alibaba.com/product-

detail/PE-Tarpaulin-Laminating-
1 160,00 160,000 4,480,000
Machines_1519905832.html? 4,480,000
0
spm=a2700.7724857.main07.359.2bb35b5aHb2CcM)

Heat Sealing machine (https://www.alibaba.com/product-

detail/PVC-tarpaulin-heat-sealing-machine-
2 12,000 336,000
economic_60448989544.html? 6,000 168,000
spm=a2700.7724857.main07.49.37ae3cfdFjgNCK)
Eye Letting Machine (https://www.alibaba.com/product-
detail/Full-Automatic-Tarpaulin-Eyelet-Punching-
2 5,000 140,000
Machine_986984726.html? 2,500 70,000
spm=a2700.7724838.2017115.122.fa1b56ef94D8Ey)
Machineries Total (FOB Any port in India 177,000 4,956,000
Freight, Insurance and Tax (15% of the cost) 26,550 743,400
Erection and commissioning, Training charges 8,850 247,800
Machineries, Installation and Commissioning Costs 212,400 5,947,200

S/N Item Quantity Unit Price Total Price

A Computers
1 Computers 6 18,000.00 108,000.00
2 Printers 6 ??? 8,000.00 48,000.00
2 Photocopier 1 25,000.00 25,000.00
3 Cash Register 1 10,000.00 10,000.00
Subtotal 1 61,000.00 191,000.00

Office Furniture
Tables 7 12,000.00 84,000.00
Swivel Chairs 6 6,500.00 39,000.00
Chairs 14 1500 21,000.00
Shelves 6 7,500.00 45,000.00
Subtotal 2 27,500.00 189,000.00

Monthly
Salary Total
Per Monthly
Description Requirement No. person Salary Annual Salary
First Degree in Industrial, Mechanical, Electrical
Manager Engineering, Management or Related Field of Study 1 25,000 25,000 300,000.00
Executive Secretary Diploma in secretarial and office Management 1 4,000 4,000 48,000.00
HR and Administration
Department Head First Degree Management, and related fields 1 10,000 10,000 120,000.00
Human Resource officer First Degree in Management or related field 1 8,000 8,000 96,000.00
Time Keeper Diploma in Human resource Management 3 2,500 7,500 90,000.00
General Service officer Diploma in management 3 6,000 18,000 216,000.00
Service Driver Relevant driving License 2 3,000 6,000 72,000.00
Janitor Grade 8 10 1,500 15,000 180,000.00
Security Guard Grade 8 10 2,000 20,000 240,000.00
Finance Department Head First Degree in Accounting 1 15,000 15,000 180,000.00
Senior Accountant First Degree in Accounting 1 1,000 1,000 12,000.00
Accountant First Degree in Accounting 1 6,000 6,000 72,000.00
Cashier Diploma in Accounting 1 4,000 4,000 48,000.00
Production & Technique First Degree in Procurement and supplies, economics,
Department Head Accounting, management 1 15000 15,000 180,000.00
First Degree in Procurement and supplies, economics,
Purchaser local and Foreign Accounting, management 1 6000 6,000 72,000.00
First Degree in Procurement and supplies, economics,
Store Head Accounting, management 1 6000 6,000 72,000.00
Store Man Diploma in related fields 6 3500 21,000 252,000.00
Loading unloading labor Physically fit for the purpose 8 1,200 9,600 115,200.00
First degree, in textile, industrial, mechanical, electrical
Production Head engineering 1 1,000 1,000 12,000.00

Shift Leader Diploma in textile, mechanical, electrical technology 3 800 2,400 28,800.00
Tape plant Forman Diploma in textile, mechanical, electrical technology 3 6,000 18,000 216,000.00
Tape plant operators Diploma in textile technology and related fields 9 3,500 31,500 378,000.00
Material feeders Grade 10 complete 18 2,000 36,000 432,000.00
Loom Forman Diploma in textile technology and related fields 3 6,000 18,000 216,000.00
Loom Operator Diploma in textile technology and related fields 234 3,000 702,000 8,424,000.00
Finishing Forman Diploma in textile technology and related fields 1 6,000 6,000 72,000.00
stitching machine operators Diploma in textile technology and related fields 60 3,000 180,000 2,160,000.00
Assistant stitching machine
operators Grade 10 complete 10 1,500 15,000 180,000.00
Printing Machine operators Diploma in textile technology and related fields 4 3,000 12,000 144,000.00
Packing Machine operators Grade 10 complete 6 3,000 18,000 216,000.00
Recycle machine operators Grade 10 complete 3 3,000 9,000 108,000.00
Degree in Mechanical, industrial technology and
Technique Head related fields 1 10,000 10,000 120,000.00
Diploma in Mechanical, industrial technology and
Senior Mechanic related fields 1 8,000 8,000 96,000.00
Marketing and Sales Degree in Marketing Management, sales management
Department Head or related disciplines 1 10,000 10,000 120,000.00
Degree in Marketing Management, sales management
Senior Marketing Expert or related disciplines 1 8,000 8,000 96,000.00
Degree in Marketing Management, sales management
Senior Sales Expert or related disciplines 1 8,000 8,000 96,000.00
Degree in Marketing Management, sales management
Marketing Officer or related disciplines 2 5,000 10,000 120,000.00
Degree in Marketing Management, sales management
Sales Officer or related disciplines 2 5,000 10,000 120,000.00
Diploma in Mechanical, industrial technology and
Shift Mechanic related fields 1 6,000 6,000 72,000.00
Diploma in Mechanical, industrial technology and
Mechanic related fields 3 6,000 18,000 216,000.00
Diploma in Mechanical, industrial technology and
Junior Mechanic related fields 3 4,000 12,000 144,000.00
 Diploma in Mechanical, industrial technology and
Senior Electrician related fields 1 6,000 6,000 72,000.00
Diploma in Mechanical, industrial technology and
Shift electrician related fields 1 6,000 6,000 72,000.00
Diploma in Mechanical, industrial technology and
Electrician related fields 1 6,000 6,000 72,000.00
Diploma in Mechanical, industrial technology and
Junior Electrician related fields 1 4,000 4,000 48,000.00
Quality Head Diploma in textile Technology and related fields 1 8,000 8,000 96,000.00
Quality supervisors Diploma in textile Technology and related fields 6 6,000 36,000 432,000.00
Sum 1,412,000 16,944,000
Pension Payment (11%) 155,320 1,863,840.00
Employee Benefit (10%) 1,694,400.00
Total 435 20,502,240.00
Table 1: Revenue Generation and Capacity Utilization Rate of the Project
Description Unit Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7
Plant Capacity Utilization In % 90% 90% 90% 90% 90% 90% 90%
Annual Production Capacity at
300 days per year tons/yr 5,400 5,401 5,402 5,403 5,404 5,405 5,406
Capacity Allotted for
production of Woven PP bag at
100% capacity 2,700 2,701 2,701 2,702 2,702 2,703 2,703
Capacity Allotted for
production of Hessian at 100%
capacity 1,620 1,620 1,621 1,621 1,621 1,622 1,622
Capacity Allotted for
production of Tarpaulin at
100% capacity 1,080 1,080 1,080 1,081 1,081 1,081 1,081
Capacity Allotted for
production of Woven PP bag at
90% capacity 2,430 2,430 2,431 2,431 2,432 2,432 2,433
Production of Woven PP Bag at
5% Allowances for wastage tons/yr 2,309 2,309 2,309 2,310 2,310 2,311 2,311
Wastage 5% of Woven PP Bags tons/yr 115 115 115 115 116 116 116
Capacity Allotted for
production of Hessian at 90%
capacity 1,458 1,458 1,459 1,459 1,459 1,459 1,460
Production of Hessian at 5%
Allowances for wastage tons/yr 1,385 1,385 1,386 1,386 1,386 1,386 1,387
Wastage 5% of Hessian tons/yr 69 69 69 69 69 69 69
Capacity Allotted for
production of Tarpaulin at 90%
capacity 972 972 972 973 973 973 973
Production of Tarpaulin at 5% tons/yr 923 924 924 924 924 924 924
Allowances for wastage
Wastage 5% of tarpaulin tons/yr 46 46 46 46 46 46 46
Sales Per Day (Quantity)
Sales of Woven PP bag /year tons/yr 2,309 2,309 2,309 2,310 2,310 2,311 2,311
Sales of Hessian Cloth /year tons/yr 1,385 1,385 1,386 1,386 1,386 1,386 1,387
Sales of Tarpaulin tons/yr 923 924 924 924 924 924 924

Sales Prices (in Birr)

Sales of Woven PP bag /year Br./ton 8,500 8,670 8,843 9,020 9,201 9,385 9,572
Sales of Hessian Cloth per Br./ton 8,000 8,160 8,323 8,490 8,659 8,833 9,009
annum
Sales of Tarpaulin Br./ton 18,000 18,360 18,727 19,102 19,484 19,873 20,271

Sales Revenue (With 300

operational days/year):
Sales of Woven PP bag /year 19,622,250 20,018,401 20,422,550 20,834,857 21,255,488 21,684,609 22,122,394
Sales of Hessian Cloth /year 11,080,800 11,304,509 11,532,734 11,765,566 12,003,099 12,245,426 12,492,646
Sales of Tarpaulin 16,621,200 16,956,764 17,299,101 17,648,350 18,004,648 18,368,140 18,738,969
47,324,25 50,248,77 51,263,23 52,298,17
Total Revenue Per Year 0 48,279,674 49,254,385 3 5 5 53,354,008
 Abbahawa Trading PLC
Hessian, Woven PP Bag and Tarpaulin Factory
Projected Income Statement
For the Next Seven Years of Operations
Description Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7
Sales Income 473,242,500 482,796,740 492,543,853 502,487,732 512,632,348 522,981,754 533,540,083
Sales of Woven PP
196,222,500 200,184,014 204,225,500 208,348,572 212,554,876 216,846,093 221,223,937
bag
Sales of Hessian
110,808,000 113,045,090 115,327,341 117,655,664 120,030,989 122,454,264 124,926,458
Cloth
Sales of Tarpaulin 166,212,000 169,567,636 172,991,012 176,483,496 180,046,483 183,681,396 187,389,688
Direct Raw
Material
Direct Raw
287,301,600 293,047,632 298,908,585 304,886,756 310,984,491 317,204,181 323,548,265
Materials
Purchase of Virgin
205,740,000 209,854,800 214,051,896 218,332,934 222,699,593 227,153,584 231,696,656
PP
Purchase of Feeler 23,814,000 24,290,280 24,776,086 25,271,607 25,777,039 26,292,580 26,818,432
Cost of Colorant 55,593,000 56,704,860 57,838,957 58,995,736 60,175,651 61,379,164 62,606,747
Cost of Flexography 1,231,200 1,255,824 1,280,940 1,306,559 1,332,690 1,359,344 1,386,531
Cost of Thinner 923,400 941,868 960,705 979,919 999,518 1,019,508 1,039,898
Gross Margin 185,940,900 189,749,108 193,635,268 197,600,975 201,647,857 205,777,573 209,991,818
Gross Margin% 39.29% 39.30% 39.31% 39.32% 39.34% 39.35% 39.36%
Expenses:
Electric Power 1,328,400 1,354,968 1,382,067 1,409,709 1,437,903 1,466,661 1,495,994
Fuel 9,464,850 9,655,935 9,850,877 10,049,755 10,252,647 10,459,635 10,670,802
Packaging Material 9,464,850 9,655,935 9,850,877 10,049,755 10,252,647 10,459,635 10,670,802
Utilities Expense 9,464,850 9,655,935 9,850,877 10,049,755 10,252,647 10,459,635 10,670,802
Repair &
9,464,850 9,655,935 9,850,877 10,049,755 10,252,647 10,459,635 10,670,802
Maintenance
Insurance Expense 4,732,425 4,827,967 4,925,439 5,024,877 5,126,323 5,229,818 5,335,401
Transportation
23,662,125 24,139,837 24,627,193 25,124,387 25,631,617 26,149,088 26,677,004
Costs
Marketing and
9,464,850 9,655,935 9,850,877 10,049,755 10,252,647 10,459,635 10,670,802
Distribution Costs
Salary and Benefits 2,266,440 2,379,762 2,498,750 2,623,688 2,754,872 2,892,616 3,037,246
Depreciation Expe 20,900,327 20,900,327 20,900,327 20,900,327 20,852,577 3,947,556 3,947,556
Loan Interest
15,439,344 14,429,033 13,313,839 12,082,874 10,724,118 10,724,118 10,724,118
Expense
Lease Interest
Expense
Depreciation for
Buildings
Pre-operating 26,019,504
Interest Expense
141,672,814.2 116,311,568.2 117,414,633.6 117,790,645.2 102,708,030.8 104,571,327.4
Total Expenses 116,901,999.73
1 2 5 1 3 9

Operating 29.94% 24.09% 23.73% 23.37% 22.98% 19.64% 19.60%

Expenses %
EBIT 44,268,086 73,437,540 76,733,269 80,186,342 83,857,211 103,069,542 105,420,491
Income Tax (30%) 13,280,426 22,031,262 23,019,981 24,055,903 25,157,163 30,920,863 31,626,147

Net Income 30,987,660 51,406,278 53,713,288 56,130,439 58,700,048 72,148,679 73,794,343

% of Net Income 7% 11% 11% 11% 11% 14% 14%

to Revenue

Description Depreciation base Depreciation Rate Depreciation Expense

Machineries 101,573,883.60 20% 20,314,777
Computers 191,000.00 25% 47,750
Office Furniture 189,000.00 20% 37,800
SERVICE Cars 2,500,000.00 20% 500,000
Total Depreciation 20,900,327

Year 1-4 20,900,327

Depreciation By Year from Project Commencement
Year 5 20,852,577
 Description Depreciation base Depreciation Rate Depreciation Expense
Machineries 101,573,883.60 20% 20,314,777
Computers 191,000.00 25% 47,750
Office Furniture 189,000.00 20% 37,800
SERVICE Cars 2,500,000.00 20% 500,000
Total Depreciation 20,900,327

Year 1-4 20,900,327

Depreciation By Year from Project Commencement
Year 5 20,852,577

1.1.Financial Projections
1.1.1. Income Statement
 1.1.2. Cash flow Statement

1.1.3. Cash flow Statement

Abbahawa Trading PLC

Hessian, Woven PP Bag and Tarpaulin Factory
Projected Cash Flow Statement
For the First Seven Years of Operations
Description Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7
Beginning
Balance - - 112,088,243 227,326,436 345,860,359 467,847,354 593,409,719 704,374,372
473,242,50 492,543,85
Cash inflow 177,479,284 0 482,796,740 3 502,487,732 512,632,348 522,981,754 533,540,083
Bank Loan 133,109,463 - - - - - - -
Owner
Finance 44,369,821 - - - - - - -
Sales
Revenue - 473,242,500 482,796,740 492,543,853 502,487,732 512,632,348 522,981,754 533,540,083
(177,479,284
Cash Outflow 387,173,761 367,558,547 374,009,931 380,500,737 387,069,983 412,017,101 420,224,481
)
Initial Investment (177,479,284) - - - - - - -
Purchase/Virgin
PP 205,740,000 209,854,800 214,051,896 218,332,934 222,699,593 227,153,584 231,696,656
Purchase of
Feeler 23,814,000 24,290,280 24,776,086 25,271,607 25,777,039 26,292,580 26,818,432
Cost of Colorant 55,593,000 56,704,860 57,838,957 58,995,736 60,175,651 61,379,164 62,606,747
Cost of
Flexography 1,231,200 1,255,824 1,280,940 1,306,559 1,332,690 1,359,344 1,386,531
Cost of Thinner 923,400 941,868 960,705 979,919 999,518 1,019,508 1,039,898
Electric Power 1,328,400 1,354,968 1,382,067 1,409,709 1,437,903 1,466,661 1,495,994
Fuel 9,464,850 9,655,935 9,850,877 10,049,755 10,252,647 10,459,635 10,670,802
Packaging
Material 9,464,850 9,655,935 9,850,877 10,049,755 10,252,647 10,459,635 10,670,802
Utilities Expense 9,464,850 9,655,935 9,850,877 10,049,755 10,252,647 10,459,635 10,670,802
Repair &Mainten 9,464,850 9,655,935 9,850,877 10,049,755 10,252,647 10,459,635 10,670,802
Insurance
Expense 4,732,425 4,827,967 4,925,439 5,024,877 5,126,323 5,229,818 5,335,401
Transportation
Cost 23,662,125 24,139,837 24,627,193 25,124,387 25,631,617 26,149,088 26,677,004
Marketing and
Distribution Costs 9,464,850 9,655,935 9,850,877 10,049,755 10,252,647 10,459,635 10,670,802
Salary and
Benefits 2,266,440 2,379,762 2,498,750 2,623,688 2,754,872 2,892,616 3,037,246
Depreciation (20,900,326 (20,900,326 (20,852,576.7 (3,947,555.75 (3,947,555.75
Expen ) (20,900,326) ) (20,900,326) 2) ) )
Interest Expense 15,439,344 14,429,033 13,313,839 12,082,874 10,724,118 10,724,118 10,724,118
118,533,92
Net cash
IF/O/flow - 86,068,739 115,238,193 2 121,986,995 125,562,365 110,964,653 113,315,602
Ending Balance - 86,068,739 201,306,933 319,840,85 441,827,850 567,390,215 678,354,868 791,670,470
 5

2.
2.1. Financial Viability of the Project
Abbahawa Trading PLC
Hessian, Woven PP Bag and Tarpaulin Factory
Project Viability

Cumulative Cash
Years Net Cash Inflow inflow Net Income
0 (177,479,283.60)

1 86,068,739 86,068,739 30,987,660

2 115,238,193 201,306,933 51,406,278

3 118,533,922 319,840,855 53,713,288

4 121,986,995 441,827,850 56,130,439

5 125,562,365 567,390,215 58,700,048

6 110,964,653 678,354,868 72,148,679

7 113,315,602 791,670,470 73,794,343

Viability Measures

IRR 57%

NPV at 12% Br. 509,333,144.51

NPV at 15% Br. 462,662,751.01

NPV at 20% Br. 398,421,938.44

Less than three years of
Payback period operations
3. Annexes
3.1. Loan Amortization Schedule
Loan Data
Original Principal Br. 133,109,463
Loan Term (Years) 10
Annual Interest Rate 10.00%
Payments per Year 4
Payment Br. 5,302,579.59
Mont Annual
Payment Interest Principal Balance Annual Interest
h Principal
0 133,109,463
1 5,302,580 3,327,737 1,974,843 131,134,620
2 5,302,580 3,278,365 2,024,214 129,110,406
3 5,302,580 3,227,760 2,074,819 127,035,586
4 5,302,580 3,175,890 2,126,690 124,908,896 13,009,752 8,200,567
5 5,302,580 3,122,722 2,179,857 122,729,039
6 5,302,580 3,068,226 2,234,354 120,494,685
7 5,302,580 3,012,367 2,290,212 118,204,473
8 5,302,580 2,955,112 2,347,468 115,857,005 12,158,427 9,051,891
9 5,302,580 2,896,425 2,406,154 113,450,851
10 5,302,580 2,836,271 2,466,308 110,984,542
11 5,302,580 2,774,614 2,527,966 108,456,576
12 5,302,580 2,711,414 2,591,165 105,865,411 11,218,724 9,991,594
13 5,302,580 2,646,635 2,655,944 103,209,467
14 5,302,580 2,580,237 2,722,343 100,487,124
15 5,302,580 2,512,178 2,790,401 97,696,722
16 5,302,580 2,442,418 2,860,162 94,836,561 10,181,468 11,028,850
17 5,302,580 2,370,914 2,931,666 91,904,895
18 5,302,580 2,297,622 3,004,957 88,899,938
19 5,302,580 2,222,498 3,080,081 85,819,857
20 5,302,580 2,145,496 3,157,083 82,662,774 9,036,531 12,173,787
21 5,302,580 2,066,569 3,236,010 79,426,764
22 5,302,580 1,985,669 3,316,911 76,109,853
23 5,302,580 1,902,746 3,399,833 72,710,020
24 5,302,580 1,817,750 3,484,829 69,225,191 7,772,735 13,437,583
25 5,302,580 1,730,630 3,571,950 65,653,241
26 5,302,580 1,641,331 3,661,249 61,991,992
27 5,302,580 1,549,800 3,752,780 58,239,213
28 5,302,580 1,455,980 3,846,599 54,392,613 6,377,741 14,832,577
5,302,579.5 3,942,764.2 50,449,848.9
29 1,359,815.33
9 6 6
5,302,579.5 4,041,333.3 46,408,515.5
30 1,261,246.22
9 7 9
5,302,579.5 4,142,366.7 42,266,148.8
31 9 1,160,212.89 0 9
5,302,579.5 4,245,925.8 38,020,223.0 16,372,390.2
32 9 1,056,653.72 7 2 4,837,928.17 0
5,302,579.5 4,352,074.0 33,668,149.0
33 9 950,505.58 2 0
5,302,579.5 4,460,875.8 29,207,273.1
34 9 841,703.73 7 3
5,302,579.5 4,572,397.7 24,634,875.3
35 9 730,181.83 6 7
5,302,579.5 4,686,707.7 19,948,167.6 18,072,055.3
36 9 615,871.88 1 6 3,138,263.01 6
5,302,579.5 4,803,875.4 15,144,292.2
37 9 498,704.19 0 6
5,302,579.5 4,923,972.2 10,220,319.9
38 9 378,607.31 9 8
5,302,579.5 5,047,071.5
39 9 255,508.00 9 5,173,248.38
5,302,579.5 5,173,248.3 19,948,167.6
40 9 129,331.21 8 0.00 1,262,150.71 6

Description Total Cost Source of Finance

 Bank Loan Own Source
Buildings
Machine House (87 m*32 M=3132 m) 15000000 10,500,000 4,500,000
Warehouses for raw materials and finished
products ............
............ .............
Land clearing and land holding cost 2000000 1,400,000 600,000
Buildings Total 17,000,000 10,900,000 5,100,000
Machineries

Dolomite poweder making plant 19,000,000 13,314,000 5,706,000

Machines Total 19,000,000 13,314,000 5,706,000

Generator 1,200,000 840,000 360,000
Machineries, Installation and Commissioning Costs 1,400,0000 98,000 420,000
Computers 60,000 42,000 18,000
Office Furniture 100,000 70,000 30,000
Power Transformer and Installation Cost 4,000,000 2,800,000 1,200,000
Vehicles ,issue FSR 5,000,000 3,500 ,500,000 1,500,000
Total Capital Investment 47,760,000 33,432,000 14,328,000
Working Capital for 4monthes 32,200,000 22,540,000 9,660.000
Pre-operating Costs 1,000,000 700,000 300,000
Total Working Capital 33,200,000 23,240,000 9 ,960,000
Total Investment 80,960,000 56,672,000 24,288,000

% Share 70% 30%

Annual estimated sales of 7 tone per hour for8 hours aday One tone 1400birr Yearly sales
235,000,000,birr
Annual raw materials cost, estimated One tone,5000birr Yearly raw
material,84,000,000
All other castes including ,salaries, marketing electric and For one year 16,000,000 birr
other over head and production costs estimated operation perid
Other expenses of bank and government taxes fees 60,000,000 birr Net profit in the
first
year,75,000,000birr

Description PP PP Number of Flexogra Thinner

Woven Woven PP Woven phy Ink 1kg/750
Sheet in Sheet in bag 1kg/300 pcs of
ton KG 0 pcs of bags
 bags
Annual RM for Woven
2,308.50 2,308,500 23,085,000 7,695.00 30,780.00
PP Bag Production
Cost of RM (in ETB) 56,081.87 56.08 5.61 160 30
Cost of RM of woven PP 129,465,00
1,231,200 923,400
bag (in ETB) 0
Total Cost of raw
131,619,600.00
material
Total Number of Units
5.70
Produced