Tea Plant Financial Statements.xls

7/31/2019 Tea Plant Financial Statements.xls

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Estimated Sale

For Sachet

No. of packs (20 Sachet)

Per Pack Price(Rs.)

Sales (Amount in Rs. 000)

No.of Boxes

Per Box Price (Rs.)


No.of Boxes

Per Box Price (Rs.)


Amount in (Rs. 000)

For Boxes (125 Grams):


Total Sales Revenue


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2,013 2,014 2,015

67,133 82,938 83,916

45 45 45

3,021 3,732 3,776

939,456 1,067,326 1,174,320

27 27 27

25,365 28,818 31,707

806,400 996,800 1,008,000

55 55 55

44,352 54,824 55,440

72,738 87,374 90,923


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DeAssets Book Value

Building 7,875

Plant and Machinary 1,560

Furniture and Fixture 20

Vehicle 1,200

Land 900

Total 11,555


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reciationRate Dep.Exp Total Depreciation Expens Accumulated Dep.

5% 394 791 791

10% 156 791 1582

6% 1 791 2373

20% 240 791

791


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Total Cost of Production2,013 (Rs 000)

Raw material 65,597

Cost of Labor 2,250

Depreciation 791

Factory Overhead

Fixed OH 502

Variable OH 1,512

Cost of goods manufactured 70,652


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2,014 (Rs 000) 2,015 (Rs 000)

73,796 73,796

2,250 2,250

791 791

502 502

1,701 1,701

79,040 79,040


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Total

Source

NBP (@14%)

Equity

Total


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capital

Ratio Amount (Rs. 000)

60% 11,225

40% 7,484

100% 18,709


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Estimated Cash Flow

Years Ending Dec 31

Operating profit

Depreciation

total funds from operation

other sources:

NBP Loan

Bank Borrowings

Capital

Total sources of funds

Investment in Fixed Assets

Preproduction expenses

Contingencies

Interest During Const.

Repayment of :NBP Loan

Bank borrowings

Long Term loans

Bank borrowings

Payment of :

Taxes

Short term investmentsIncrease in Current Assets(other than

Total Applications

Cash Surplus

Cash at Beginning of Year

Worker's Fund

Sources of Funds

Application of funds

Financial Charges on:

Dividends


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Cash at end of Year


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tatements

End of Construction

2,012 2,013 2,014 2,015Rs 000 Rs 000 Rs 000

0 6,879 6,692 9,303

0 791 791 791

0 7,670 7,483 10,094

11,225 0 0 0

1,000 2,900 0 0

7,484 0 0 0

19,709 10,570 7,483 10,094

11,555 0 0 0

505 0 0 0

20 0 0 0

1,260 0 0 0

0 0 1,123 1,123

0 1,200 2,700

0 1,572 1,414 1,257

0 100 390 270

0 0 1,579 1,475

0 147 137

0 340 317

0 0 0 2,5006,355 8,896 1,211 94

19,695 10,568 7,403 9,873

14 3 80 221

0 14 17 97

Operating Years


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14 17 97 317


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Snapple Tea Company, (

Esti

Year ending Dec 31Assets:

Current Assets

Cash and Bank Balance

Short term investments

Accounts receivables

Inventories:

raw material

Finished Goods

Stores & Spares

Advances and Prepayments

Total current assets

Fixed Assets:

Fixed Assets at cost

Less: accumulated Deprici

Fixed Assets Net

Intangibles

Total Fixed Assets

Total Assets

Bank Borrowings

Taxes Payable

Dividend Payable

Worker's Fund Payable

Current maturities of LT L

Total Current Liabilities

PICIC Loan

Term Finance Certificates

Total Long Term Debt

Equity

Capital

Retained Earnings

Total Equity

Liabilities and Equity

Current liabilities:

Long Term Debts


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Total Debt and Equity

Current ratio

Difference


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19,709 27,460 27,603 29,269

6.4 2.2 2.9 4.5

0 0 -1 0


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Estimated Income StatementsYear ending on Dec 31. 2013 2014 2015s

Rs. 000 Rs.000 Rs.000

sales 72,738 87,374 90,923

Cost of Goods Sold 63,587 78,201 79,040

Gross Profit 9,151 9,173 11,883

General & Admn. Expenses 1,545 1,607 1,671

Selling Exp. 727 874 909

Total Operating Exp. 2,272 2,481 2,580

Operating Profit 6,879 6,692 9,303

Other Expenses

PICIC Loan 14% 1,572 1,414 1,257

Bank Borrowings 10% 100 390 270

Amortization(over 3 years) 357 357 357

Profit Before tax and Worker's 4,851 4,531 7,419

Worker's Fund 340 317 519

Net Profit before Tax 4,511 4,214 6,900

Tax 1,579 1,475 2,415

Net Profit 2,932 2,739 4,485

Dividend 5% 147 137 224

Retained Earnings 2,785 2,602 4,260

Total Reatined Earning 2,785 5,387 9,648

Cost of Goods Sold

Operating Expenses



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1 Sales

2 CGS


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3 Gross.Profit

4 Operating Profit

5 Net Profit

6 Dividend


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7 Retained Earning

8 Cuurent Assets

9 Accounts receivables

9 Net Intengibles

10 Total Fixed Assets


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11 Total Assets

12 Current liabilities:

13 Long Term Debts

14 Equity


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15 Loan Repayment Schedual

16 NPV/IRR


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Notes To Financial Statement

Notes To Income Statement

Estimated Sales 2,013 2,014 2,015

For Sachet

No. of packs (20 Sachet) 67,133 82,938 83,916

Per Pack Price(Rs.) 45 45 45

Sales (Amount in Rs. 000) 3,021 3,732 3,776

No.of Boxes 939,456 1,067,326 1,174,320

Per Box Price (Rs.) 27 27 27


No.of Boxes 806,400 996,800 1,008,000

Per Box Price (Rs.) 55 55 55


Amount in (Rs. 000) 72,738 87,374 90,923

2013 2014 2015s

Rs. 000 Rs.000 Rs.000

Opening Inventory 0 7,065 7,904

cost of production 70,652 79,040 79,040

Cost of Goods available for sale 70,652 86,105 86,944

Ending Inventory 7,065 7,904 7,904

Cost of Goods Sold 63,587 78,201 79,040



Total Sales Revenue

Cost of Goods Sold:


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Gross Profit 9,151 9,173 11,883

General & Admn. Expenses 1,545 1,607 1,671

Selling Exp. 727 874 909

Total Operating Exp. 2,272 2,481 2,580

Operating Profit 6,879 6,692 9,303

Other Expenses

PICIC Loan 14% 1,572 1,414 1,257

Bank Borrowings 10% 100 390 270

Amortization(over 3 years) 357 357 357

Profit Before tax and Worker's 4,850 4,531 7,419

Worker's Fund 340 317 519

Net Profit before Tax 4,510 4,214 6,900

Tax 1,579 1,475 2,415

Net Profit 2,931 2,739 4,485

Operating Expenses



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Dividend 5% 147 137 224

Retained Earning 2,785 2,602 4,261

Total Retained Earning 2785 5,387 9,648

Notes to Balance Sheet

Current Assets

Cash and Bank Balance 14 17 97 317

Short term investments 0 0 0 2,500

Accounts receivables 0 1,818 2,184 2,273

Inventories:

raw material 6,325 6,325 6,325 6,325

Finished Goods 0 7,065 7,904 7,904

Stores & Spares 10 12 13 13.5

Advances and Prepayments 20 30 35 40

Total current assets 6,369 15,267 16,558 19,373

Accounts receivables 0 1,818 2,184 2,273

Intangibles 1,785 1,785 1,428 1,071

Less:Amortization 0 357 357 357

1,785 1,428 1,071 714

Fixed Assets:

Fixed Assets at cost 11,555 11,555 11,555 11,555

Less: accumulated Depriciation 0 791 1582 2373

Fixed Assets Net 11,555 10,764 9,973 9,182

Intangibles 1,785 1,428 1,071 714


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Total Fixed Assets 13,340 12,192 11,044 9,896

Total Assets 19,709 27,459 27,602 29,269

Bank Borrowings 1,000 3,900 2,700 0

Taxes Payable 0 1,579 1,475 2,415

Dividend Payable 0 147 137 224

Worker's Fund Payable 0 340 317 519

Current maturities of LT Loans 0 1,123 1,123 1,123

Total Current Liabilities 1,000 7,089 5,752 4,281

PICIC Loan 11,225 10,102 8,979 7,856

Term Finance Certificates 0 0 0 0

Total Long Term Debt 11,225 10,102 8,979 7,856

Equity

Capital 7,483 7,483 7,483 7,483

Retained Earnings 0 2,785 5,387 9,648

Total Equity 7,483 10,268 12,870 17,131

Total Debt and Equity 19,708 27,459 27,601 29,268

Liabilities and Equity

Current liabilities:

Long Term Debts


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Total PICIC Loan Repayment Period Interest Rate Interest Principal

11225 10 14% 1572 1123

10103 9 14% 1414 1123

8980 8 14% 1257 1123

7857 7 14% 1100 1123

6734 6 14% 943 1123

5611 5 14% 785 1123

4488 4 14% 628 1123

3365 3 14% 471 1123

2242 2 14% 314 1123

1119 1 14% 157 1119

Total funds from operation -18709 7670 7483 10094

IRR 16%

NPV 7,963


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Total Schedual Payment

2694

2537

2380

2223

2066

1908

1751

1594

1437

1276

-18709


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Total annual productio

For Sachet

Production

Opening Inventory

Available for Sale

Ending Inventory

Units Sold

For Boxes 125g

Production

Opening Inventory

Available for Sale

Ending Inventory

Units Sold

For Boxes 125g

Production

Opening Inventory

Available for Sale

Ending Inventory

Units Sold


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n capacity at 90% operating Capacity

2013 2014 2015

74,592 83,916 83,916

0 7,459 8,392

74,592 91,375 92,308

7,459 8,392 8,392

67,133 82,983 83,916

1,043,840 1,174,320 1,174,320

0 104,384 117,432

1,043,840 1,278,704 1,291,752

104,384 117,432 117,432

939,456 1,161,272 1,174,320

896,000 1,008,000 1,008,000

0 89,600 100,800

896,000 1,097,600 1,108,800

89,600 100,800 100,800

806,400 996,800 1,008,000


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Sr. No

1

2

3

4

5

6

7

89

10

12

3

4

5

6

Sr. No1

2

3

4

5

Sr. No


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Source

Current ARaw Material In

Finished Goods I

Equipment Store

Total Inventory

Prepaid Expense

Account Receiva

Cash

Total Curre

Less Borrow

Initial Permanen

Assumption


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Snapple Tea Company, (Proposed), Arif Wala Road, Bahawal Naga

Estimated Cost of Project

Items Total Cost ( Rs. in,000)

Land 900

Civil Works 7,875

Plant and Machinery 1,550

Furniture and Fixture 20

Vehicles 1,200

Interest 1,260

Pre-production Expenses 505

Installation charges 10Contingencies 20

Total Fixed Cost 13,340

Net Initial Working Capital 5,369

Total Cost of Project 18,709

Estimated Cost of Civil Works

Area in

sq. ft.

Main Factory Building RCC3,375

Warehouse RCC 2,250

Office Block RCC 1,575

Canteen RCC 450

Wash rooms RCC 225

Free Area 1,125

Total 9,000

Estimated Cost of Plant and Machinery

Items and Specification Quantity Cost/Unit(000)Mixer 2 200

Machine for 250g Boxes 2 185

Machine for 125g Boxes 2 185

Machine for Sachet 8grams 2 175

Machine for Labeling and Printing 2 60

Total 10 805

Estimated Cost of Net Initial Working Capital

Item Type of Building


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Amount (Rs. 000)

ssetsventory 6,325

nventory 6,986

s & Spares 10

13,321

s 20

ble 1,818

200

t Assets 15,359

ng 9,991

t NWC 5,368

Bank will give loan of 75% of total inventory.


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Total Cost

(Rs 000)

1,000 3,3751,000 2,250

1,000 1,575

1,000 450

1,000 225

5,000 7,875

Total Cost(Rs, 000)400

370

370

350

60

1550

Rate/sq. ft. (Rs.)


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Tea Plant Financial Statements.xls

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