Estimated Budget of Progressive Enterprises for the period April to September

Particulars Jan Feb Mar April

A. Cash Inflows
Total Gross Sales 95,500 95,000 110,000 110,000
Less: Discount 4,775 4,750 5,500 5,500
Net Sales 90,725 90,250 104,500 104,500
Cash Sales 54,435 54,150 62,700 62,700
Credit Sales 36,290 36,100 41,800 41,800
Less: Bad Debt @10% 3,629 3,610 4,180 4,180
Net Realizable Credit Sales 32,661 32,490 37,620 37,620
Collection from Debtors:
1st Month 16,330.50 16,245.00 18,810.00
2nd Month 16,330.50 16,245.00
Total Collection from Debtors 35,055.00
Sale of Scrap
Total Cash Reciepts 97,755.00

B. Cash Outflows
COGS 76,400.0 76,000.0 88,000.0 88,000.0
Purchase Raw Material 82,000.0 88,000.0 94,000.0
1st Mo payment @70% 57,400.0 61,600.0
2nd Mo payment @30% 24,600.0
Total Payment to Creditors 86,200.0
Fixed Cost 11,500.0
Variable Cost 5,500.0
Interest on Debenture 20,000.0
Investment
Advance Tax
Total Cash Outflow 123,200.0

Opening Cash Balance 50,000.0

C. Net Cash Balance (A-B) -25,445.0
Adjusted Closing Cashflow 24,555.0
Minimum Cash Balance 35,000.0
Shortfall 10,445.0
Borrowing from CC 10,445.0
Payback of CC
Interest on CC
Payment of Principal
Closing Cash Balance 35,000.0
Outstanding CC 10,445.0
May June July Aug Sept Oct

125,000 140,000 160,000 170,000 280,000 145,000

6,250 7,000 8,000 8,500 14,000 7,250
118,750 133,000 152,000 161,500 266,000 137,750
71,250 79,800 91,200 96,900 159,600 82,650
47,500 53,200 60,800 64,600 106,400 55,100
4,750 5,320 6,080 6,460 10,640 5,510
42,750 47,880 54,720 58,140 95,760 49,590

18,810.00 21,375.00 23,940.00 27,360.00 29,070.00 47,880.00

18,810.00 18,810.00 21,375.00 23,940.00 27,360.00 29,070.00
37,620.00 40,185.00 45,315.00 51,300.00 56,430.00 76,950.00
30,000.00 40,000.00
108,870.00 149,985.00 176,515.00 148,200.00 216,030.00 159,600.00

100,000.0 112,000.0 128,000.0 136,000.0 224,000.0 116,000.0

106,000.0 120,000.0 132,000.0 180,000.0 170,000.0 58,000.0
65,800.0 74,200.0 84,000.0 92,400.0 126,000.0 119,000.0
26,400.0 28,200.0 31,800.0 36,000.0 39,600.0 54,000.0
92,200.0 102,400.0 115,800.0 128,400.0 165,600.0 173,000.0
11,500.0 11,500.0 11,500.0 11,500.0 11,500.0 11,500.0
6,250.0 7,000.0 8,000.0 8,500.0 14,000.0 7,250.0
20,000.0 20,000.0
50,000.0
65,000.0
159,950.0 120,900.0 155,300.0 213,400.0 191,100.0 211,750.0

35,000.0 35,000.0 35,000.0 35,000.0 35,000.0

-51,080.0 29,085.0 21,215.0 -65,200.0 24,930.0
-16,080.0 64,085.0 56,215.0 -30,200.0 59,930.0
35,000.0 35,000.0 35,000.0 35,000.0 35,000.0
51,080.0 65,200.0
51,080.0 65,200.0
29,085.0 21,215.0 24,930.0
899.6 416.7 1,285.3
28,185.4 20,798.3 23,644.7
35,000.0 35,000.0 35,000.0 35,000.0 35,000.0
61,525.0 33,339.6 12,541.4 77,741.4 52,811.4
Estimated Budget for Progressive Enterprise for the period of Apr to Sept

Particulars Jan Feb Mar Apr

A. Cash Inflows
Total Gross Sales 95,500.0 95,000.0 110,000.0 110,000.0
Less: Discount 4,775.0 4,750.0 5,500.0 5,500.0
Net sales 90,725.0 90,250.0 104,500.0 104,500.0
Cash Sales 54,435.0 54,150.0 62,700.0 62,700.0
Credit Sales 36,290.0 36,100.0 41,800.0 41,800.0
Bad debts 3,629.0 3,610.0 4,180.0 4,180.0
Net Credit Sales 32,661.0 32,490.0 37,620.0 37,620.0
Realized sales at Mo1 16,245.0 18,810.0
Realized sales at Mo2 16,245.0
Net Realized Sales 35,055.0
Scrap Sales
Total Cash Reciept 97,755.0

B. Cash Outflows
COGS 76,400.0 76,000.0 88,000.0 88,000.0
Purchase Raw Material prev 44,000.0 44,000.0 50,000.0
Purchase Same Month 38,000.0 44,000.0 44,000.0
Total Purchase 82,000.0 88,000.0 94,000.0
Payment 1Mo @70% 57,400.0 61,600.0
Payment 2Mo @30% 24,600.0
Net Payment 86,200.0
Fixed Expense 11,500.0
Variable Expense 5,500.0
Interest @10% 20,000.0
Investment
Advance Tax
Total Cash Outflow 123,200.0

Opening Cash Balance 50,000.0

C. Net Cash Balance -25,445.0
Adjusted Closing Balance 24,555.0
Maintaied Balance 35,000.0
Shortfall 10,445.0
Borrowing 10,445.0
Payback of CC
Interest of CC
Payment of principal
Closing cash balance 35,000.0

Outstanding CC 10,445.0
May Jun Jul Aug Sept Oct

125,000.0 140,000.0 160,000.0 170,000.0 280,000.0 145,000.0

6,250.0 7,000.0 8,000.0 8,500.0 14,000.0 7,250.0
118,750.0 133,000.0 152,000.0 161,500.0 266,000.0 137,750.0
71,250.0 79,800.0 91,200.0 96,900.0 159,600.0 82,650.0
47,500.0 53,200.0 60,800.0 64,600.0 106,400.0 55,100.0
4,750.0 5,320.0 6,080.0 6,460.0 10,640.0 5,510.0
42,750.0 47,880.0 54,720.0 58,140.0 95,760.0 49,590.0
18,810.0 21,375.0 23,940.0 27,360.0 29,070.0 47,880.0
18,810.0 18,810.0 21,375.0 23,940.0 27,360.0 29,070.0
37,620.0 40,185.0 45,315.0 51,300.0 56,430.0 76,950.0
30,000.0 40,000.0
108,870.0 149,985.0 176,515.0 148,200.0 216,030.0 159,600.0

100,000.0 112,000.0 128,000.0 136,000.0 224,000.0 116,000.0

56,000.0 64,000.0 68,000.0 112,000.0 58,000.0
50,000.0 56,000.0 64,000.0 68,000.0 112,000.0
106,000.0 120,000.0 132,000.0 180,000.0 170,000.0
65,800.0 74,200.0 84,000.0 92,400.0 126,000.0
26,400.0 28,200.0 31,800.0 36,000.0 39,600.0
92,200.0 102,400.0 115,800.0 128,400.0 165,600.0
11,500.0 11,500.0 11,500.0 11,500.0 11,500.0
6,250.0 7,000.0 8,000.0 8,500.0 14,000.0
20,000.0
50,000.0
65,000.0
159,950.0 120,900.0 155,300.0 213,400.0 191,100.0

35,000.0 35,000.0 35,000.0 35,000.0

-51,080.0 29,085.0 21,215.0 -65,200.0
-16,080.0 64,085.0 56,215.0 -30,200.0
35,000.0 35,000.0 35,000.0 35,000.0
51,080.0 65,200.0
51,080.0 30,200.0
29,085.0 21,215.0
899.63 1,250.24
28,185.38 19,964.76
35,000.0 35000 35000

61,525.0 33,339.63 13,374.86

Estimated budget for PPC for the period of April to September

Particulars Jan Feb Mar Apr May Jun

A.Cash Inflows
Total Gross Sales 240 280 320 260 210 160
Net cash sales 48 56 64 52 42 32
Net credit sales 192 224 256 208 168 128
Credit realized in month1 96 112 128 104 84
Credit realized in month2 57.6 67.2 76.8 62.4
Credit realized in month3 38.4 44.8 51.2
Net realized sales 96 169.6 233.6 225.6 197.6
Total Cash Reciepts 285.6 267.6 229.6

B.Cash Outflows
COGS 168 196 224 182 147 112
Purchase prev month 117.6 134.4 109.2 88.2 67.2 100.8
Purchase current month 67.2 78.4 89.6 72.8 58.8 44.8
Total Purchase 184.8 212.8 198.8 161 126 145.6
Payment @60% 110.88 127.68 119.28 96.6 75.6
Payment @20% 36.96 42.56 39.76 32.2
Payment @20% 36.96 42.56 39.76
Net Payments 164.64 198.8 178.92 147.56
Wages and Salaries 42 39 32
Fixed Costs 2.5 2.5 2.5
Variable Costs 13 10.5 8
Power and Fuel 10.4 8.4 6.4
Capital Expenditure 35 35
Interest 1.6
Tax previous year 2.5
Adbance Tax 6 6
Total Cash Outfow 269.2 274.32 239.06

Opening cash balance 1.4 17.8 11.08

C. Net cash balance 16.4 -6.72 -9.46
Adjusted Closing balance 17.8 11.08 1.62
Minimum balance 1.4 1.4 1.4
Shortfall
Borrowings
Payback of CC 16.4 -6.72 -9.46
Interest on CC
Payback of Principal
Closing cash balance 17.8 11.08 1.62
Outstanding CC
Jul Aug Sept Oct

240 200 160 200

48 40 32 40
192 160 128 160
64 96 80 64
50.4 38.4 57.6 48
41.6 33.6 25.6 38.4
156 168 163.2 150.4
204 208 195.2

168 140 112 140

84 67.2 84
67.2 56 44.8 56
151.2 123.2 128.8 56
87.36 90.72 73.92 77.28
25.2 29.12 30.24 24.64
32.2 25.2 29.12 30.24
144.76 145.04 133.28 132.16
40 32 28
2.5 2.5 2.5
12 10 8
9.6 8 6.4

6
208.86 197.54 184.18

1.62 1.4 7.22

-4.86 10.46 11.02
-3.24 11.86 18.24
1.4 1.4 1.4
4.64
4.64
4.678667
0.038667
4.64
1.4 7.22 18.24
4.64