(Part III)
PUNJAB NATIONAL BANK
TO BE SUBMITTED WITHIN SIX WEEKS FROM THE CLOSE
OF THE QUARTER TO WHICH THE STATEMENT RELATES
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QUARTERLY MONITORING SYSTEM (QMS-III)
(FOR TRADERS & MERCHANT EXPORTERS)
Report for the Quarter ended 31/12/2016
Name of the Borrower:
A. Performance
(Rs. in lac)
Annual Revised Plan Actuals Actuals % of
Plan For the for (Cumulative) achievemen
Accepted current year current upto quarter t in terms
at the (If any) quarter Ended of Annual
time of Plan
Sanction
a)Sales 1650.00 -- 874.45 1527.19
Turnover
i) Domestic
ii) Exports
iii) Total
b)Other Income 0.00
(Duty drawback,
cash assistance,
commission &
brokerage recd)
c)Gross Income 1650.00 874.45 1527.19
(Total a + b)
Reasons for non-achievement of targets/estimates
B. Current Assets and liabilities**
For the latest completed quarter ended __________
Current Assets Accepted levels Actuals
(at the time of
sanction)
I. Stock-in-trade 457.00
(months’s cost of sale)@
II. Receivables (other than exports & 127.83
deferred) including bills purchased and
discounted with bankers++
(months’ domestic sales)@
III. Export receivables, including bills 0.00
purchased & discounted with
bankers++
(months' export sales) @
IV. Advances to suppliers of 57.68
mechandise
V. Other current assets 184.25
- Cash & Bank Balance
- Investment
- Instalment of deferred
receivables (due within 1 year)
- Other major item (specify, if any)
VI. Total current assets 826.76
Current Liabilities
VII. Short term bank borrowings 298.33 as on
from banks (including bills purchased 31.12.16
& discounted with bankers)+++
______________________ Bank
___________________ Bank, etc.
VIII Sundry Creditors (trade) 165.62
(including those under Usance Letter
of Credit/Co-acceptance facility from
the banks)+++
(months' purchase)@
IX. Advance payment from
customers
X. Statutory liabilities
XI. Other current liabilities
- Provision for taxation
- Dividend payable
- Other Statutory Liabilities
(due within 1 year)
- Overdue term loan instalment
- Deposits/DPGs/Debentures,etc.
- Other major items (Specify if
any)
XII. Total current liabilities 463.95
Additional information of contingent
liability
a) Arrears of cumulative dividend
b) Disputed excise/customs/tax
liabilities
c) Bills accepted/guarantees
extended to accommodate
associate/sister concerns or other third
parties
d) Other liabilities not provided for
Current Ratio
(In case current ratio is below 1.33,
reasons thereof be specified)
Net Working Capital 362.81
Additional Information as Regards to
Debtors
a) Sundry debtors at the beginning of 140.76
quarter
b) Sales during the quarter 874.45
c) Sales realised during the quarter 887.38
d) Debtors at the close of quarter 127.83
Out of (d)
- Debtors upto six months 127.83
- Debtors above six months but
upto 12 months
- Debtors above 12 months 0.00
SIGNATURE OF BORROWER
FOR OFFICE USE:
COMMENTS OF BM/CIRCLE HEAD
(In case space is not sufficient a separate sheet be enclosed.)
Notes
(i) Information should be furnished for each line of activity/unit separately as
also for the Company as a whole. In cases where the different activities/units
are financed by different banks, the concesrned activity/unit-wise data and
data relating to the Company as a whole should be furnished to each
financing bank.
(ii) The valuation of current assets or current liabilites in these forms should be
on the same basis as adopted for the statutory balance sheet, and it should
be applied on a consistent basis.
@(iii) The period should be shown in relation to the annual projection for the
relative item. If the levels of inventory/receivables are higher than the
stipulated norms, reasons therefor should be given.
++(iv) Amount of bills purchased/discounted with bankers, included in item II of
part B should be indicated separately.
**(v) The classification of current assets or current liabilities should be made as
per the usually accepted approach of bankers and not as per definitions in
the Companies Act.
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Part II
PUNJAB NATIONAL BANK
TO BE SUBMITTED WITHIN TWO MONTHS FROM THE CLOSE OF THE HALF
YEAR
HALF YEARLY OPERATING STATEMENT
QUARTERLY MONITORING SYSTEM (QMS-II A)
(FOR TRADERS & MERCHANT EXPORTERS)
Report for the Half year ended ______________________
Name of Borrower :
A. Half yearly statement
(Rs. in lac)
Last Accepted Current Half year
year level at the Year ended
Actuals time of Budget -------
sanction Actuals
I. GROSS INCOME
i) Gross Sales
(Net of Returns)
a. Domestic
Sales
b. Export Sales
c. Sub-Total
(a+b)
ii) Other Income
a. Duty Draw back
b. Cash assistance
c. Commission
and
brokerage
recd.
d. Sub-
total(a+b+c)
iii Total (i) + (ii)
II. COST OF SALES
i) Purchases
ii)Other trading
expenses
(carried inward),
commission &
brokerage on
purchases)
iii) Sub-Total ( i + ii )
iv) ADD : Opening Stock
v) Sub-total (iii+iv)
vi) LESS : Closing stock
vii)Total cost of sales
(v-vi)
III. SELLING, GENERAL &
ADMNV. EXPENSES
INCLUDING BONUS
PAYMENTS
IV INTEREST
V DEPRECIATION
Sub-total (III+IV+V)
VI OPERATING
PROFIT/LOSS
VII OTHER NON-
OPERATING INCOME/
EXPENSES (NET)
VIII.PROFIT BEFORE
TAX/LOSS
(Item VI plus Item VII)
SIGNATURE OF BORROWER
HALF YEARLY FUNDS FLOW STATEMENT - FORM II B
(FOR TRADERS & MERCHANT EXPORTERS)
(Rs. in lac)
Last Accepted Current Half year
Year ended
Actuals Level Year ______
at the time (Budget) (Actuals)
of sanction
1. SOURCES
a) Profit before tax
b) Depreciation
c) Increase in Capital
d) Increase in Deferred
Liabilities*
(incl.public deposits)
e) Decrease in
i) Fixed assets
ii) Other non-current
assets
f) Others
g) Total (A)
2. USES
a) Net Loss
b) Decrease in
Deferred
Liabilities**
(incl.public deposits)
c) Increase in :
i) Fixed assets
ii) Other non-current
assets
d) Dividend payments
e) Taxes paid
f) Others
g) T O T A L (B)
3. Long term surplus
(+)/
deficit (-) (A-B)
4. Increase/decrease in
current assets
5. Increase/decrease in
current liabilities
other than Bank
borrowings
6. Increase/decrease in
working capital gap
7.Net surplus (+)/
deficit(-)
(Difference of 8 & 6)
8. Increase/decrease in
Bank Borrowings
(Increase/decrease under items 4 to 8 should be indicated by (+) / (-) signs.)
SIGNATURE OF BORROWER
NOTES
(i) Information should be furnished for each line of activity/unit separately as
also for the company as a whole. In case where the different activities/units
are financed by different banks, the concerned activity/unit-wise data and
data relating to the company as a whole should be furnished to each
financing bank.
(ii) The valuation of current assets or current liabilities and recording of income
and expenses should be on the same basis as adopted for the statutory
balance sheets, and it should be applied on a consistent basis.
+(iii) In case audited balance sheet and profit and loss account for the previous
accounting year are not available, estimated/provisional figures for the
previous year may be furnished in column(1) of Forms II A and II B and the
figures for the preceding year based on audited balance sheet should be
given in an additional column before column(1).
*(iv) Under the items "Increase in Deferred Liabilities" the details of each of such
deferred liabilities together with the names of the concerned
lending/guaranteeing institutions, should be indicated separately.
**(v) Similarly, under the items, "Decrease in Deferred Liabilities", the details of
the repayment of each of the such deferred liabilities together with the
names of the lending/guaranteeing institutions, should be indicated
separately.
(vi) Increase in carry of various items of current assets which is disproportionate
to percentage rise in sales turnover should be explained in detail
separately.
(vii) Similarly, a decrease in current liabilities which is not commensurate with
percentage rise or fall in sales turnover should be explained in detail
separately.
(viii) Item 7 (net surplus/deficit) and item 8 (increase/decrease in bank
borrowings) would be algebraically opposite figures and these should agree
with each other.
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