tea plant financial statements.xls
TRANSCRIPT
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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.)
Sales (Amount in Rs. 000)
No.of Boxes
Per Box Price (Rs.)
Sales (Amount in Rs. 000)
Amount in (Rs. 000)
For Boxes (125 Grams):
For Boxes (250 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
Financial Charges on:
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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
Sales (Amount in Rs. 000) 25,365 28,818 31,707
No.of Boxes 806,400 996,800 1,008,000
Per Box Price (Rs.) 55 55 55
Sales (Amount in Rs. 000) 44,352 54,824 55,440
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
For Boxes (125 Grams):
For Boxes (250 Grams):
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
Financial Charges on:
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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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