OM SAI ELECTRICAL BOARD AND ENTERPRISES
MR. CHETAN KISHOR HALWAI
A/P SHIVAJI ROAD, TAL - KOPARGAON
PROJECT : BUSINESS OF PRODUCTION OF ELECTRICAL BOARD
RS. RS.
Fixed Assets
Shed 3,00,000
Plant & Machinery 8,00,000
11,00,000
SUBTOTAL 11,00,000
Working Capital 4,00,000
COST OF PROJECT 15,00,000
Financed By-
Own Contribution 1,50,000
Bank Contribution
Term Loan 13,50,000
Total Funds Introduction 15,00,000
Subsidy 3,75,000
OM SAI ELECTRICAL BOARD AND ENTERPRISES
MR. CHETAN KISHOR HALWAI
A/P SHIVAJI ROAD, TAL - KOPARGAON
SCHEDULE OF LOAN REPAYMENT & INTEREST
Year I Year II Year III Year IV Year V
Rs. Rs. Rs. Rs. Rs.
Opening Balance - 10,80,000 8,10,000 5,40,000 2,70,000
Add: Addition 13,50,000
Add: Interest @ 11.5% 1,55,250 1,24,200 93,150 62,100 31,050
Total 15,05,250 12,04,200 9,03,150 6,02,100 3,01,050
Less: Repayment
Principle 2,70,000 2,70,000 2,70,000 2,70,000 2,70,000
Interest 1,55,250 1,24,200 93,150 62,100 31,050
Closing Balance 10,80,000 8,10,000 5,40,000 2,70,000 -
OM SAI ELECTRICAL BOARD AND ENTERPRISES
MR. CHETAN KISHOR HALWAI
A/P SHIVAJI ROAD, TAL - KOPARGAON
PROJECTED BALANCE SHEETS
Year I Year II Year III Year IV Year V
Rs. Rs. Rs. Rs. Rs.
CAPITAL & LIABILITIES
Capital 4,52,271 8,26,532 12,20,519 16,98,165 21,79,123
Secured Loan:
Term Loan 10,80,000 8,10,000 5,40,000 2,70,000 -
Current Liabilities:
Creditors 2,08,082 2,25,137 2,63,596 3,06,158 3,57,183
Provision for Taxation - - - - -
Total 17,40,352 18,61,669 20,24,115 22,74,323 25,36,306
ASSETS & PROPERTIES
FIXED ASSETS:
Shed 2,70,000 2,43,000 2,18,700 2,41,830 2,17,647
Plant & Machinery 6,80,000 5,78,000 5,12,550 4,61,168 4,76,992
Investments 57,000 1,77,000 3,27,000 4,77,000 6,57,000
CURRENT ASSTES :
Loans and Advances - - - - -
Closing Stock 3,52,520 4,05,398 4,66,208 5,36,139 6,16,560
Telephone Deposit 5,000 5,000 5,000 5,000 5,000
Debtors 3,01,509 3,46,735 3,98,745 4,58,557 5,27,341
Cash and Bank Balance 74,324 1,06,536 95,912 94,630 35,766
Total 17,40,352 18,61,669 20,24,115 22,74,323 25,36,306
The above Project Report is prepared as per the information given by proprietor for the purpose of
Bank only.
This Estimates have been stated on the basis of estimates made by the said Proprietor and we
understand that this estimation is based on the plans prepared for the purpose, nature of
business and prevailing market rates.
OM SAI ELECTRICAL BOARD AND ENTERPRISES
MR. CHETAN KISHOR HALWAI
A/P SHIVAJI ROAD, TAL - KOPARGAON
SCHEDULES FORMING PART OF PROJECTED BALANCE SHEETS
Schedule 1: Partners' Capital A/c
Year I Year II Year III Year IV Year V
Opening Balance - 4,52,271 8,26,532 12,20,519 16,98,165
Capital Introduction 1,50,000 - - - -
Share of profit 5,26,521 6,33,957 7,18,568 8,34,631 9,14,290
Withdrawal 2,24,250 2,59,696 3,24,580 3,56,985 4,33,333
Closing Balance 4,52,271 8,26,532 12,20,519 16,98,165 21,79,123
Schedule 2: Provision for Tax
Year I Year II Year III Year IV Year V
Provision for Tax - - - - -
(opening Balance)
Add: Provision during - - - - -
the year
Less: Advance Tax - - - - -
Less: Self Assessment Tax - - - - -
Closing Balance - - - - -
OM SAI ELECTRICAL BOARD AND ENTERPRISES
MR. CHETAN KISHOR HALWAI
A/P SHIVAJI ROAD, TAL - KOPARGAON
PROJECTED PROFIT & LOSS ACCOUNTS
Year I Year II Year III Year IV Year V
Rs. Rs. Rs. Rs. Rs.
Sales 45,22,630 52,01,025 59,81,178 68,78,355 79,10,108
Other Income 1,18,255 1,35,993 1,56,392 1,79,851 2,06,829
Closing Stock 3,52,520 4,05,398 4,66,208 5,36,139 6,16,560
TOTAL 49,93,405 57,42,416 66,03,778 75,94,345 87,33,497
Opening Stock - 3,52,520 4,05,398 4,66,208 5,36,139
Materials Purchases 33,91,973 36,40,717 43,06,448 50,41,834 59,32,581
Other Consumeables - - - - -
GROSS PROFIT 16,01,433 17,49,179 18,91,932 20,86,303 22,64,777
Operating Expenses 2,76,100 3,09,232 3,46,340 3,87,901 4,34,449
Personal Costs 3,60,000 4,03,200 4,51,584 5,05,774 5,66,467
Office Administrative and 1,33,562 1,49,589 1,67,540 1,87,645 2,10,162
Other Expenses
Interest On Term Loan 1,55,250 1,24,200 93,150 62,100 31,050
Depreciation 1,50,000 1,29,000 1,14,750 1,08,253 1,08,358
Profit Before Tax 5,26,521 6,33,957 7,18,568 8,34,631 9,14,290
Provision For Taxation - - - - -
PROFIT AFTER TAX 5,26,521 6,33,957 7,18,568 8,34,631 9,14,290
The above Project Report is prepared as per the information given by proprietor for the purpose of
Bank only.
This Estimates have been stated on the basis of estimates made by the said Proprietor and we
understand that this estimation is based on the plans prepared for the purpose, nature of business and
prevailing market rates.
