TOTAL COST OF PROJECT

AMOUNT
SR NO PARTICULARS (RS Lacs)
EXISTING NEW TOTAL
A] TERM LOAN

1 PLANT & MACHINERY & INFRASTRUCTURE 0.00 7.62 7.62

2 COW 0.00 10.50 10.50

0.00 18.12 18.12

TOTAL PROJECT COST A+B 0.00 18.12 18.12

MEANS OF FINANCE

AMOUNT(
SR NO PARTICULARS RS Lacs)
EXISTING NEW TOTAL
TERM LOAN

1 FOR COWS 0.00 7.88 7.88

2 SHADE 0.00 4.50 4.50

3 MACHINERIES 0.00 1.22 1.22

5 OWN CONTRIBUTION 0.00 4.53 4.53

TOTAL 0.00 18.12 18.12

 LACTATION CHART & INCOME FROM MILK SALES (IN Rs Lacs)

Number Of
Sr no Particulars Animals Year -1 Year -2 Year -3 Year -4 Year -5
In Milk Dry In Milk Dry In Milk Dry In Milk Dry In Milk Dry
1 COWS 14 3780 1260 3780 1260 3780 1260 3780 1260 3780 1260

3 TOTAL DAYS 3780 1260 3780 1260 3780 1260 3780 1260 3780 1260

4 AVG MILK PROD/DAY

PER ANIMAL IN LTR
i COWS 15 15 15 15 15

5 ANNUAL MILK PROD IN LTRS

i COWS (1*4(i)) 56700 56700 56700 56700 56700

6 SELLING PRICE/LTR OF PACKED MILK

i COWS MILK 35 36.75 38.59 40.52 42.54

7 ANNUAL SALES IN RS LACS

i COWS MILK (5(i)*6(i)) 19.85 20.84 21.88 22.97 24.12

TOTAL SALES P.A. 19.85 20.84 21.88 22.97 24.12

(Average Lactation Period per animal is assumed 270 days & dry period equal to 90 days)

INCOME FROM GUNNY BAG SALES (IN Rs Lacs)

Number Of
Sr no Particulars Animals Year -1 Year -2 Year -3 Year -4 Year -5
In Milk Dry In Milk Dry In Milk Dry In Milk Dry In Milk Dry
1 COWS (CONCENTRATE FEED CONSUMED 14 20790 1890 20790 1890 20790 1890 20790 1890 20790 1890
IN KG'S) cost statement item no 5*8*13 respectively

2 TOTAL CONCENTRATE FEED P.A. 20790 1890 20790 1890 20790 1890 20790 1890 20790 1890
CONSUMED IN KG'S

3 CAPACITY PER GUNNY BAG IN KG'S 50 50 50 50 50 50 50 50 50 50

4 NUMBER OF GUNNY BAGS P.A.SOLD 415.8 37.8 415.8 37.8 415.8 37.8 415.8 37.8 415.8 37.8

5 SELLING PRICE PER BAG IN RS 12 12 14 14 16 16 18 18 20 20

6 TOTAL SALES GUNNY BAGS P.A. IN RS 0.05 0.00 0.06 0.01 0.07 0.01 0.07 0.01 0.08 0.01
 INCOME FROM DUNG SALES (IN Rs Lacs)

Sr no Particulars Number Of Year -1 Year -2 Year -3 Year -4 Year -5

In Milk Dry In Milk Dry In Milk Dry In Milk Dry In Milk Dry
1 COWS 14 15120 3780 15120 3780 15120 3780 15120 3780 15120 3780
( 14 ANIMALS AND 4KG PER ANIMAL PER DAY)

2 TOTAL DUNG PRODUCTION P.A. IN KG 15120 3780 15120 3780 15120 3780 15120 3780 15120 3780

4 SELLING PRICE PER K G 2 2 3 3 4 4 5 5 6 6

3 TOTAL INCOME FROM DUNG SALES P.A. IN RS LACS 0.30 0.08 0.45 0.11 0.60 0.15 0.76 0.19 0.91 0.23
 ANNUAL FEED & FODDER REQUIRMENT AND COST (IN Rs Lacs)
105 COWS
YEAR-1 YEAR-2 YEAR-3 YEAR-4 YEAR-5 YEAR-6 YEAR-7
IN MILK IN MILK IN MILK IN MILK IN MILK IN MILK IN MILK
SR NO PARTICULARS DAYS DRY DAYS DAYS DRY DAYS DAYS DRY DAYS DAYS DRY DAYS DAYS DRY DAYS DAYS DRY DAYS DAYS DRY DAYS
270 90 270 90 270 90 270 90 270 90 270 90 270 90
GREEN FODDER
REQ PER ANIMAL
1 IN KG's PER DAY 31 27.5 31 27.5 31 27.5 31 27.5 31 27.5 31 27.5 31 27.5
COST OF GREEN
FODDER IN RS
2 PER KG 0.55 0.55 0.58 0.58 0.61 0.61 0.64 0.64 0.67 0.67 0.70 0.70 0.74 0.74

3 NUMBER OF COWS 14 14 14 14 14 14 14 14 14 14 14 14 14 14
ANNUAL GREEN
FODDER COST IN
4 RS LACS 0.64 0.19 0.68 0.20 0.71 0.21 0.75 0.22 0.78 0.23 0.82 0.24 0.86 0.26

DRY FODDER REQ

PER ANIMAL IN
5 KG's PER DAY 3.5 4.5 4.5 5.5 4.5 5.5 4.5 5.5 4.5 5.5 4.5 5.5 4.5 5.5
COST OF DRY
FODDER IN RS
6 PER KG 5 5 5.25 5.25 5.51 5.51 5.79 5.79 6.08 6.08 6.38 6.38 6.70 6.70
ANNUAL DRY
FODDER COST IN
7 RS LACS 0.66 0.28 0.89 0.36 0.94 0.38 0.98 0.40 1.03 0.42 1.09 0.44 1.14 0.46
CONCENTRATE
FEED REQ PER
ANIMAL IN KG's
8 PER DAY
COST OF 5.5 1.5 5.5 1.5 5.5 1.5 5.5 1.5 5.5 1.5 5.5 1.5 5.5 1.5
CONCENTRATE
FEED IN RS PER
9 KG 20.00 20.00 21.00 21.00 22.05 22.05 23.15 23.15 24.31 24.31 25.53 25.53 26.80 26.80
ANNUALCONCENT
RATE FEED COST
10 IN RS LACS 4.16 0.38 4.37 0.40 4.58 0.42 4.81 0.44 5.05 0.46 5.31 0.48 5.57 0.51
TOTAL ANNUAL
11 COST OF FODDER 5.46 0.85 5.94 0.96 6.23 1.01 6.54 1.06 6.87 1.11 7.21 1.17 7.58 1.23

12 GRAND TOTAL 5.46 0.85 5.94 0.96 6.23 1.01 6.54 1.06 6.87 1.11 7.21 1.17 7.58 1.23
 PROFITABILITY STATEMENT
( Rs. In ,00000)

PARTICULARS YR-1 YR-2 YR-3 YR-4 YR-5

A. Income

Income from Packed Milk Sales 19.85 20.84 21.88 22.97 24.12
Income From Sale of By Products 5.00 5.25 5.51 5.79 6.08
Income from Sale of Dung & Gunny Bags 0.43 0.63 0.83 1.03 1.22
Closing Stock of Feed & Material 0.50 0.65 0.68 0.72 0.75

Total 25.77 27.37 28.90 30.51 32.18

B. Expenditure
Opening Stock - 0.50 0.65 0.68 0.72
Purchase of Milk for By Product Mfg 1.60 1.68 1.76 1.85 1.94
Cost of Fodder & Cons Feed 6.32 6.90 7.24 7.60 7.98
Polythin, Chemical & Consumables 0.50 0.52 0.55 0.58 0.60
Trasportation 0.45 0.47 0.49 0.52 0.54
Veterinary Aid & Breeding Chrgs 0.21 0.22 0.23 0.24 0.26
Insurance Cost 0.18 0.17 0.16 0.14 0.13
Labour Cost 2.88 3.17 3.48 3.83 4.22
Electricity & Water Charges 0.60 0.66 0.73 0.80 0.88
Administrative Expenses As per Annex 2.50 2.75 3.03 3.33 3.66
Selling & Distribution Exp. 0.76 0.80 0.85 0.89 0.94
Repairs & Maintenance 0.50 0.55 0.61 0.67 0.73
Bank Interest on Term Loan 1.36 1.09 0.82 0.54 0.27
Depreciation(As per statement) 1.37 1.25 1.14 1.04 0.95

Total 19.22 20.71 21.72 22.72 23.83

C. Profit Before Tax 6.56 6.66 7.18 7.79 8.35

D. Provision for Taxation 0.44 0.46 0.56 0.68 0.79

E. Profit After Tax 6.12 6.20 6.62 7.11 7.55

F. Add-back Depreciation 1.37 1.25 1.14 1.04 0.95

G. Net Cash Accrual Before Interest & Dep 8.85 8.53 8.57 8.69 8.77

H. Interest & Finance Charges 1.36 1.09 0.82 0.54 0.27

I. Term Loan Installment 2.72 2.72 2.72 2.72 2.72

J. Loan Installment+Bank Int. 4.08 3.81 3.53 3.26 2.99

K. Debt Service Covregae Ratio 2.17 2.24 2.43 2.66 2.93

Average DSCR 2.49

Notes:-
1. Insurance cost is taken @ 1% on depreciated value of Fixed Assets which may vary depending upon Insurer
2.Labour Cost assumed @ Rs 8000 p.m.per Labour.for 3 labours & 10% rise p.a. thereafter.
3.Veterinary & Breeding Charges assumed as Rs 1500 per Cows p.a.
4.Selling & Distribution expenses assumed @ 3% of sales. It also includes commission expenses
5.Sundry Debtors assumed to be 1.5 months sales
 STATEMENT OF FIXED ASSETS & DEPRECIATION
( Rs. In ,00000)
MILKING &
YEAR PARTICULARS SHADE OTHER LIVESTOCK TOTAL
MACHINE
10% 15% 5%

31.03.2016 Cost/WDV 6.00 1.62 10.50 18.12

Add: Addition During the Year 0.00 0.00 0.00 0.00
Total 6.00 1.62 10.50 18.12
Less: Depreciation 0.60 0.24 0.53 1.37
31.03.2017 Cost/WDV 5.40 1.38 9.98 16.75
Add: Addition During the Year 0.00 0.00 0.00 0.00
Total 5.40 1.38 9.98 16.75
Less: Depreciation 0.54 0.21 0.50 1.25
31.03.2018 WDV 4.86 1.17 9.48 15.51
Less: Depreciation 0.49 0.18 0.47 1.14
31.03.2019 WDV 4.37 0.99 9.00 14.37
Add: Addition during year 0.00 0.00 0.00 0.00
Less: Depreciation 0.44 0.15 0.45 1.04
31.03.2020 WDV 3.94 0.85 8.55 13.33
Add: Addition during year 0.00 0.00 0.00 0.00
Less: Depreciation 0.39 0.13 0.43 0.95
31.03.2021 WDV 3.54 0.72 8.12 12.39
Add: Addition during year 0.00 0.00 0.00 0.00
Less: Depreciation 0.35 0.11 0.41 0.87
31.03.2022 WDV 3.19 0.61 7.72 11.52
Add: Addition during year 0.00 0.00 0.00 0.00
Less: Depreciation 0.32 0.09 0.39 0.80
WDV 2.87 0.52 7.33 10.72
PROJECTED BALANCE SHEET
( Rs. In ,00000)

PARTICULARS YR-1 YR-2 YR-3 YR-4 YR-5

PROPERTIES & ASSETS

A. Fixed Assets (As per Statement) 16.75 15.51 14.37 13.33 12.39
B. Investments & Deposits 0.00 0.00 0.00 0.00 0.00
C. Closing Stock 0.50 0.65 0.68 0.72 0.75
E. Sundry Debtors & Advances 2.53 2.68 2.84 3.00 3.17
F. Cash & Bank Balance 2.75 4.50 6.52 8.79 11.30
TOTAL 22.53 23.34 24.42 25.84 27.61
CAPITAL & LIABILITIES

A. Proprietors Capital
a) Opening Balance 4.53 7.48 10.48 13.71 17.21
b) Addition 0.00 0.00 0.00 0.00 0.00
c) Add: Profit During Year 6.56 6.66 7.18 7.79 8.35
d) Less: Drawings 3.61 3.66 3.95 4.28 4.59
e) Closing Balance 7.48 10.48 13.71 17.21 20.97
B. Term Loan 10.87 8.15 5.44 2.72 0.00
C. Cash Credit 0.00 0.00 0.00 0.00 0.00
C. Sundry Creditors 1.68 1.84 1.97 2.11 2.27
D. Expenses Payable 2.50 2.88 3.31 3.80 4.37

TOTAL 22.53 23.34 24.42 25.84 27.61

PROJECTED CASH FLOW STATEMENT
( Rs. In ,00000)
PARTICULARS YR-1 YR-2 YR-3 YR-4 YR-5

A. SOURCES OF FUNDS

1. Incease in Capital A/c 4.53 0.00 0.00 0.00 0.00

2. Increase in Term Loan 13.59 0.00 0.00 0.00 0.00
3. Increase in Cash Credit 0.00 0.00 0.00 0.00 0.00
3. Increase in Current Liabilities 4.18 0.53 0.56 0.64 0.73
4. Net Profit Before Dep. & Tax 7.93 7.90 8.32 8.82 9.29

TOTAL 30.23 8.43 8.88 9.46 10.02

B. APPLICATION OF FUNDS

1. Increase in Fixed Assets 18.12 0.00 0.00 0.00 0.00

3. Increase in Current Assets 3.03 0.30 0.19 0.20 0.20
4.Increase In Investments 0.00 0.00 0.00 0.00 0.00
4. Drawings 3.61 3.66 3.95 4.28 4.59
5. Repayment of Term Loan 2.72 2.72 2.72 2.72 2.72
TOTAL 27.48 6.68 6.86 7.20 7.51

Opening Balance 0.00 2.75 4.50 6.52 8.79

Surplus/(Deficit) 2.75 1.75 2.03 2.27 2.51
Closing Balance 2.75 4.50 6.52 8.79 11.30
PROJECTED INTEREST & REPAYMENT SCHEDULE

FOR PROPOSED TERM LOAN

OPENING ( Rs. In
CLOSING ,00000)
YR BALANCE PRINCIPAL AMT [email protected]% BALANCE TOTAL

1 13.59 2.72 1.36 10.87 4.08

2 10.87 2.72 1.09 8.15 3.81
3 8.15 2.72 0.82 5.44 3.53
4 5.44 2.72 0.54 2.72 3.26
5 2.72 2.72 0.27 0.00 2.99
 ADMINISTRATIVE EXPENSES PER ANNUM

ANNUAL
SR NO PARTICULARS Nos SALARY P M SALARY
A SALARIES
1 ACCOUNTANT SALARY 1 5000 60000
Rs 5000/- p.m

2 SECURITY GUARD 1 7000 84000

Rs 7000- p.m.

3 OFICE BOY 1 4000 36000

SUB TOT A 180000

B OTHER EXPENSES
OFFICE EXPENSES 2000
PRINTING & STATIONERY 6000
TRAVELLING & CONVEYANCE 15000
POSTAGE & TELEPHONE 8000
RATES & TAXES 5000
LABOUR WELFARE 15000
PROFESSIONAL FEES 15000
MISC EXPENSES 4000
SUB TOT B 70000

TOTAL ANNUAL EXPENSES 250000