COMPANY PROFILE

NAME

: Rajshree Stone Crusher

REGISTERED
OFFICE NO.

: 213 L/6, xxxxxxxx xxxxxxxx

FACTORY
ADDRESS

: Jamshedpur, Jharkhand,
Ranchi- 825418

STATUS

: Private Company

PRODUCTS

: Crushed Stone (Segregated into Various Sizes

Like 35mm, 20mm, 12mm, etc)

QUALIFICATION: BBA

ABOUT THE COMPANY & PRODUCTS

Rajshree Stone Crusher with a desire and intention to
manufacture/produce crushed stones (size 35mm, 20mm, 12mm).
The stone crusher will crush the stone daily except in the rainy
season. This is because it is difficult & risky to transport the stones
and also very less construction work is carried. Work will be carried
for seven months while two months will be the period of storing raw
materials because after rainy season the price increases.
As construction and road building is booming in India, Stone
crushing mills have proliferated throughout India to accommodate
the huge demand for stone used in Construction of roads, bridges,
housing, industrial building construction and other cement based
products like RCC pipes, PSC poles, pre-molded slabs, frames and
beams, etc for fabrication.
Housing is a basic need of the human being as well as society.
Hence, it is receiving increased focus towards crushed stones. This
company wants to put its maiden step into crushed stone.
Simultaneously, the wastage from the stone industry will be of much
use to the crushed stone and it is in the form of sand.

CRUSHED STONES:The demand for crushed stone will continue to grow with the Growth
of its user industry. The unit can be set up depending availability of
raw Material and major commercial centre.
Crushed stone is segregated into various sizes like 35mm,
20mm, 12mm, etc for different uses.

 Crushed stone aggregates are used for construction of

roads, bridges, housing, industrial building construction
and other cement based products like RCC pipes, PSC
poles, pre-molded slabs, frames and beams, etc for
fabrication.

It is advantageous if the crushed stone unit is set up near

the quarries where the granite boulders of various sizes are
available for the crushing unit.

The wastage from the stone industry will be of much use of

the crushed stone unit.

Wastage of Stone:The wastage of the stone is in the form of sand. It has

followings features & advantages.
Best material used in construction rather than sand.
Rare to purchase as it is the wastage of stones.
Costly than sand & crushed stones.

PROCESS OF MANUFACTURING
The granite stones of various sizes are fed into the jaw
crushers for size reduction.
Depending on the desired output size of the crushed stone,
the raw materials are fed to one or two jaw crushers in a
sequence.
Then these crushed stones re passed onto the rotary screen
for size gradation.
Material is handled through a belt conveyor to the different
Places of operation i.e. from jaw crusher to the rotary screen.
The whole process of crushing stones or granite stones shall be
automatic except the process of placing the stones into the jaw
crusher for the size reduction. The sizes vary when the stones
are crushed. The sizes of stones is segregated into various sizes
like 35mm, 20mm, 12mm, etc. these sizes are used in different
purposes.
The installed machinery has the capacity to crush one truck daily
of each various sizes i.e. 1 tucks daily of each sizes like 35mm,
20mm, 12mm etc except the wastage of stones in the form of
sand. It reaches 1 truck in a month.

FACTORS OF PRODUCTION

Raw Material:The raw material required for crushed stones is stones from the

river and the small hills or mountains.

The raw materials are transported from the river and other small
hills or mountains to the installed plant & machinery.
Labor:Labor is available at reasonable rates. On holiday labor are
available on the basis of hour at the reasonable rates.

Marketing profile
The unit is basically producing crushed stones for construction
activities. Hence the demand for crushed stones would be
always rising due to the fact of population explosion in India.
This is because as population grows, there will be the demand
for house and in order to make house or any constructive work
crushed stones are required.
Housing is a basic need of the society. Hence, it is receiving
increased focus. All the building constructions whether it is
housing or industrial construction activities requires crushed
stone. Crushed stone is also required for cement based products
like RCC pipes, PSC poles; cement concrete hollow blocks,
precast cement concrete slabs, well rings, window & door
frames and road Laing. The demand for crushed stone will
continue to grow with the growth of its user industry.
Moreover the director of the unit is well experienced, rather he
is experts in the field of marketing and finance too. The
company will be planning to expand it activities in other
adjoining places too. Hence there will always be a healthy
market for the units produced. The company has studied and
analyzed the market thoroughly.

Basic Assumptions
The property or land on which the crusher will be
established its own property which is 2 acre.
The work shed will be constructed on 100 sq. meters while
The office will be constructed on 5 sq. meters.
The working period will be 9 months in a year, which
include 26 days in a month. Two days will be holiday while
2 days will be working time on time basis in a month.
The working hours will be 8 hours per day while on
holiday 4 hours per day.
It is considered that in 1 truck of boulders contains 4 ft. of
boulders (1truck=4 ft.). The ft. is considered as the height
of the truck from the boulders to be load.
Loan is sanctioned on the basis of fixed deposits kept in
bank. It is assumed that 80% loan is sanctioned out of total
deposits. But loan is taken only 60% of fixed deposits that
are kept. The loan is sanctioned by the State Bank Of India.

A)

Assumptions In Preparation Of Projected

Financial Statements.

Sales:Sales include sale of crushed stones (size 35mm, 20mm, 12mm) &
wastage of stone in the form of sand. Every year the gravel 35mm
& 20mm the sales is increased 18 trucks (72 ft.) every year. But
the gravel 12 mm, the sales is increased 10 trucks (40 ft.) every
year. There is no increase in sand. There is increase of Rs.50 for
35mm stone, Rs. 100 for 20 mm stone & sand while Rs. 200 for 12
mm stone per ft. every year.

Purchases:It includes purchase of stones (boulders). In a year only in 8

months & 15 days the raw materials will be purchased. This is
because in rainy season it becomes difficult to get stones due to
flow of water in river. Cost of Purchases of stones increase Rs. 50
per ft. every year. There will be same quantity of purchases of
boulders through every year. 4 trucks or 16 ft. in a day boulders are
purchased.

Octroi & Transports:This includes Octroi, transportation expenses incurred in the

carriage of stones to the installed plant & delivery of crushed
stones to the construction office and our direct customers. Octroi
increases by 5% every year.

 Wages & Labor Charges:This includes payment to Skilled Workers, semi-skilled workers,
Unskilled Workers, and Security. Every year 10% salary is
increased for every labor except those labors who are working on
time basis. They have increment of 10% after 2 year and it
continues. It includes salary & wages, loading, unloading charges
paid to above.
This includes Manager/Entrepreneur remuneration & salary paid to
Accountant cum clerk. Managers salary increases Rs. 1000 every
year while accountant salary increases Rs. 500 every year.

Manufacturing Charges:This includes cost of power, repairs & maintenance of plant &
machinery, factory overheads, labor welfare, administrative
overhead etc. 5 % is increased every year.

Administrative Expenses:This includes expenses incurred in the administration. Every year

this expense is raised by 10%.

Selling & Distribution Expenses:These are estimated @ Rs. 50 per truck except sand. This is
expected that Rs. 10 per truck is increased every year. This also
includes commission paid to dealers, distribution, agents etc who
are directly or indirectly involved.

 Financial Cost:It includes bank interest on working capital and term loan including
incidental charges.

Depreciation:It is assumed @ 10% for land & building and 15% for other fixed
assets.

Other Expenses:While preparing project report inflationary trend and inherent

increase or decrease is not taken into account.

10

B)

Assumptions In Preparation Of Projected

Balance Sheet

Goodwill:It is assumed that goodwill is increases 10% every year.

Debtor for goods:It is assumed at half sales of one month of all gravels.

Sundry creditors for goods & expenses:It is assumed at one month of purchases. Wages & labor charges,
manufacturing overheads, office & administrative expenses,
employment expenses, selling & distribution expenses.

Term loan & working capital:The loan will be repaid in 60 months after a moratorium of yearly
basis.

Closing stock:Closing stock includes the finished products.

11

Rajshree Stone Crusher

Jamshedpur, Jharkhand
Ranchi- 825418

COST OF PRJOECT AND SOURCES OF FINANCE

A. Sources Of Finance
S. no. Particulars

Amount
(Rs)

01

Self Contribution

1000000

02

Term loan(proposed)

1500000

Total capital

2500000

B. Cost of Project
S. no Particulars

Ann(pg) Amount (Rs)

1.
2
3
4
5

Cost of license & registration charges

Land
Construction of work shed
Construction of office
Purchase of machinery & equipments

6
7
8
9

Furniture & office equipment

Truck
Electrical fittings
Erection & commissioning

40000
900000
60000
100000

Working capital
Total capital employed

137000
2500000

A-I (24)

43000
200000
120000
20000
880000

12

Rajshree Stone Crusher

Jamshedpur, Jharkhand
Ranchi- 825418

Projected profitability statement

Particulars

20112012

20122013

2013-2014 2014-2015

4014000
---------

4617800
-------

5307800
--------

5938200
------

6654800
------

4014000

4617800

5307800

5938200

6654800

A-III (24) 2856000

25000
A-IV (26) 325840
127500

3060000
26250
284140
133875

3264000
27562
312554
140568

3468000
28940.60
343809.40
147597

3672000
30387.70
378190.30
154977

3334340

3504265

3744684

3988347

4235555

-------386400

386400
828000

828000
1324800

1324800
1876800

1876800
2484000

Sub Total (B)

2947940

3062665

3247884

3436347

3628355

C. Gross Profit (A-B)

D. Payment To Staff
A-IV (27)
E. Office & Administrative
F. Selling & Distribution
G.preliminaryexp.Writen off
H. Bank Interest
A-VI(31)
I. Depreciation
A-VII
J. Net Profit Before Tax

1066060
63000
2500
32400
11000
172500
296000
488660

1555135
64500
2750
41640
11000
13800
214900
1206545

2059916
66000
3025
51800
11000
103500
187035
1637556

2501853
67500
3327
62880
11000
69000
162912
2125234

3026445
69000
3660
74880
11000
34500
219529
2811876

K. Income Tax (30%)

146598

361963

491266

637570

843562

342062

844582

1146290

1487664

1968314

649062

1070482

1344325

1661576

2198843

A: Income
Sales
Other income

B: Cost of sales
Purchases
Freight & Octroi
Wages & labor charge
Manufacturing overheads

Add : Opening Stock

Less : Closing Stock

L. Profit after Tax

Cash Profits

Ann(pg) 20102011
A-II (22)

A-V (28)

13

Rajshree Stone Crusher

Jamshedpur, Jharkhand
Ranchi- 825418
Projected Balance Sheet as at 31st March

Particulars

2011 2012 2013 2014

2015

Capital & Reserves

1342062 2186644 3332934 4820598

6788912

Secured loans
Term Loan

1500000 1200000 900000

600000

300000

Unsecured Loans & Advances

----------

---------

---------

----------- -----------

Sundry Creditors For Goods

Sundry Creditors For Expenses

234291
144291

249272
149273

263224
163225

257395
197395

LIABILITIES

Total

256817
226817

3220644 3785189 4659383 5875388

7572546

43000
1924000
221800
44000

47300
1709100
358700
33000

52030
1522065
410355
22000

62436
1359153
572100
11000

74923
150624
642422
00000

386400
644400
-42956
3220644

828000
1086400
-277311
3785189

1324800
1269600
-58533
4659383

1876800
1137600
856299
5875388

2484000
431500
3789077
7572546

ASSETS
Goodwill
Fixed Assets
Sundry Debtors
Preliminary Expenses
Stock in Trade
Raw materials
Finished goods
Cash & Bank Balances

Total

14

Rajshree Stone Crusher

Jamshedpur, Jharkhand
Ranchi- 825418

Statement showing working capital requirement

Particulars

2011

2012

2013

2014

2015

386400
644400
221800
-42956

828000
1086400
358700
-277311

1324800
1269600
410355
-58533

1876800
1137600
572100
856299

2484000
431500
642422
3789077

CURRENT ASSETS
I) Stock In Trade
a) Raw materials
b) Finished goods
II) Sundry Debtors
III) Cash & Bank Balances

SUB TOTAL (A) 1209644 1995789 2946222 4442799 7346999

CURRENT LIABILITIES
234291
Sundry Creditors For Goods
144291
Sundry Creditors For Expense
SUB TOTAL (B) 378582
B.) Working capital gap
(A-B)

249272
149273

263224
163225

257395
197395

256817
226817

398545

426449

454790

483634

831062

1597244 2519773 3988009 6863365

302411

498947

C.) Minimum stipulated

net working capital

(25% of A)

736555

1110699 1836749

15

Rajshree Stone Crusher

Jamshedpur, Jharkhand
Ranchi- 825418
Projected Fund Flow Statement
Particulars

2011

2012

2013

2014

2015

Net profit after tax

Add: depreciation &
preliminary expenses

342062

844582

1146290 1487664 1968314

307000

225900

198035

Cash profit

649062

1070482 1344325 1661576 2198843

Term loan

1500000 1200000 900000

Decrease in working capital

---------

Margin money

1213000 -252238 476448

Sources Of Funds

---------

173912

600000

---------- --------937433

230529

300000
---------3940522

TOTAL 3362062 1897244 2819773 4288009 7528365

Application Of Funds
Addition of fixed assets

2220000 0000000 0000000 0000000 365000

Increase in working capital

831062

1597244 2519773 3988009 6863365

Preliminary expenses incurred

11000

00000

Repayment of term loan

300000 300000 300000 300000 300000

3362062 1897244 2819773 4288009 7528365

TOTAL

00000

00000

00000

16

Rajshree Stone Crusher

Jamshedpur, Jharkhand
Ranchi- 825418

Capital & Reserve

Particulars
Add: Introduced

2010
1000000

2011
2012
2013
---------- ----------- ----------

2014
-----------

Add : Net Profit

342062

844582

Less: Withdrawal
Closing Balance

-----------1342062

---------- ----------- ----------- -----------2186644 3332934 4820598 6788912

1146290 1487664 1968314

Preliminary Expenses
Particulars

20102011
---------25000
30000
55000

20112012
44000
----------------44000

20122013
33000
----------------33000

20132014
22000
---------------22000

20142015
11000
----------------11000

Less : Written off

11000

11000

11000

11000

11000

Balance carried to
balance sheet

44000

33000

22000

11000

00000

Opening balance
Market survey exp
Professional fees

17

Rajshree Stone Crusher

Jamshedpur, Jharkhand
Ranchi- 825418
Selling & Distribution
Particulars

20102011

20112012

20122013

20132014

20142015

Commission Paid
A: 35 mm
Quantity (truck)
Rate
(truck)

207
50

225
60

243
70

261
80

279
90

B: 20 mm
Quantity (truck)
Rate
(truck)

216
50

234
60

252
70

270
80

288
90

C: 12 mm
Quantity (truck)
Rate
(truck)
Total

225
50
32400

235
60
41640

245
70
51800

255
80
62880

265
90
74880

18

Rajshree Stone Crusher

Jamshedpur, Jharkhand
Ranchi- 825418
Calculation Of Consolidated Debt Service Coverage Ratio
Particulars
Profit Available For Debt
Servicing
Net profit after tax
Interest on long term debts
Total (A)

2011

2012

2013

342062
172500
514562

844582 1146290 1487664 1968314

138000 103500 69000
34500
982582 1249790 1556664 2002814

Total loan installments &

Interest (B)

472500

438000 403500

369000

334500

Debt service coverage ratio

(A/B)
Average Debt Service
Coverage Ratio

1.08

2.24

4.21

5.98

3.09

2014

2015

3.32

19

20

Rajshree Stone Crusher

Jamshedpur, Jharkhand
Ranchi- 825418
Annexure I: Cost Of Machine
S. no. Particulars

Quantity Amount(RS)

Jaw crusher 400*225 mm with 25 HP Motor

225000

Jaw Crusher 350*150 mm with 15 HP Motor

200000

Rotary Screen for 35, 20, 12 mm with 10 HP Motor

60000

Belt Conveyor with 15 HP Motor

120000

5
6

Cyclonic Dust Collector With 12 HP Motor

Spares, Jaws, Jigs, Fixtures & Tools

1
1 set

225000
50000

Total Cost Of Machine

880000

21

Rajshree Stone Crusher

Jamshedpur, Jharkhand
Ranchi- 825418

Annexure II: Details of Sales

Particulars

Years
2010-2011

2011-2012 2012-2013 2013-2014 2014-2015

A. 35 mm
Quantity (truck)
(ft.)
Rate
(truck)
(ft.)
TOTAL(A)

207
828
5200
1300
1076400

225
900
5400
1350
1215000

243
972
5800
1400
1409400

261
1044
5800
1450
1513800

279
1116
6000
1500
1674000

B: 20 mm
Quantity (truck)
(ft.)
Rate
(truck)
(ft.)
TOTAL(B)

216
864
6000
1500
1296000

234
936
6400
1600
1497600

252
1008
6800
1700
1713600

270
1080
7200
1800
1944000

288
1152
7600
1900
2188800

C: 12 mm
Quantity (truck)
(ft.)
Rate
(truck)
(ft.)
TOTAL(C)

225
900
7200
1800

235
940
8000
2000

245
980
8800
2200

255
1020
9600
2400

265
1060
10400
2600

1620000

1880000

2156000

2448000

2756000

22

D: sand
Quantity (truck)
(ft.)
Rate
(truck)
(ft.)

9
36
2400
600

9
36
2800
700

9
36
3200
800

9
36
3600
900

9
36
4000
1000

21600

25200

28800

32400

36000

4014000

4617800

5307800

5938200

6654800

TOTAL (D)
Total Sales
(A+B+C+D)

23

Rajshree Stone Crusher

Jamshedpur, Jharkhand
Ranchi- 825418
Annexure III: Details of Purchases
Particulars

Years
2010-2011 2011-2012 2012-2013 2013-2014 2014-2015

Raw material:
Stones (boulder)
Quantity:
(Truck)
(ft.)

1020
4080

1020
4080

1020
4080

1020
4080

1020
4080

2800
700

3000
750

3200
800

3400
850

3600
900

2856000

3060000

3264000

3468000

3672000

Rate :
(Truck)
(ft.)
Total Purchases

24

Rajshree Stone Crusher

Jamshedpur, Jharkhand
Ranchi- 825418

Revenue Statement of Purchases of Boulders in Month:

Month

April

May

June

Oct.

Nov.

Dec.

Jan.

Feb.

Marc
h

Days In a
Month* Per
Day Purchases

30*4=
120

30*4=
120

15*4=
60

30*4=
120

30*4=
120

30*4=
120

30*4=
120

30*4=
120

30*4=
120

Total

120

120

60

120

120

120

120

120

120

25

Rajshree Stone Crusher

Jamshedpur, Jharkhand
Ranchi- 825418
Annexure IV (a): Details Of Wages & Labor Charges
Particulars
Skilled
Workers

Unskilled
Workers
Security

Labor (time
basis). 4 hrs in
a day.

Total

Qty
3

Salary
3000

2000

2000
Rs.
40/
hr

Years
2010-2011 2011-2012 2012-2013 2013-2014

2014-2015

9000*9=
81000

89100

98010

107811

118592.1

16000*9=
144000

158400

174240

191664

210830.4

2000*12=
24000

26400

29040

31944

35138.4

1280*8=
10240

10240

11264

12390.4

13629.44

325840

284140

312554

343809.4

378190.34

26

Rajshree Stone Crusher

Jamshedpur, Jharkhand
Ranchi- 825418

Annexure IV (b): Payment to Staff

Particulars
2010-2011

Years
2011-2012 2012-2013 2013-2014 2014-2015

Manager/E
ntrepreneur

4000*9
= 36000

36000+1000 37000+1000 38000+1000 39000+1000

= 37000
= 38000
= 39000
= 40000

Accountant
cum clerk

3000*9 =
27000

2700+500 =
27500

27500+500
= 28000

28000+500
= 28500

28500+500
= 29000

63000

64500

66000

67500

69000

Total

27

Rajshree Stone Crusher

Jamshedpur, Jharkhand
Ranchi- 825418

Annexure V: Details of Closing Stock of Raw Material

Particulars

Years
2010-2011

2011-2012

2012-2013

2013-2014 2014-2015

------------------------

138
552

276
1104

414
1656

552
2208

-------------------------

2800
700

3000
750

3200
800

3400
850

Sub Total (A)

xxxxxxxx

386400

828000

1324800

1876800

B:Add: purchases
Quantity (truck)
(ft.)

1020
4080

1020
4080

1020
4080

1020
4080

1020
4080

Rate

2800
700

3000
750

3200
800

3400
850

3600
900

Sub Total(B)

2856000

3060000

326400

3468000

3672000

C:Less : production
Quantity (truck)
(ft.)

882
3528

882
3528

882
3528

882
3528

882
3528

Stones (boulders)
A:Opening stock
Quantity (truck)
(ft.)
Rate

Rate

(truck)
(ft.)

(truck)
(ft.)

(truck)
(ft.)

Sub Total(C)

28

Quantity (truck)
(ft.)

138
552

276
1104

414
1656

552
2208

690
2760

Rate

2800
700

3000
750

3200
800

3400
850

3600
900

386400

828000

1324800

1876800

2484000

(truck)
(ft.)

Closing Stock
Total (A+B-C)

29

Rajshree Stone Crusher

Jamshedpur, Jharkhand
Ranchi- 825418

Annexure V: Details of Closing Stock of Finished Products

Particulars

Years
2010-2011

20112012

2012-2013 2013-2014 2014-2015

-------------------------

45
180
5200
1300
234000

72
288
5400
1350
388800

81
324
5600
1400
453600

72
288
5800
1450
417600

------------------------

36
144
6000
1500

54
216
6800
1700

------------

216000

54
216
6400
1600
345600

367200

36
144
7200
1800
259200

-----------------------

27
108
7200
1800

44
176
8000
2000

51
204
8800
2200

48
192
9600
2400

--------------

194400

352000

448800

460800

1086400

1269600

1137600

Opening stock
A) 35mm
Quantity
Rate

(truck)
(ft.)
(truck)
(ft.)

Sub Total (A)

-------------

B) 20 mm
Quantity
Rate

(truck)
(ft.)
(truck)
(ft.)

Sub Total (B)

C) 12 mm
Quantity
Rate

(truck)
(ft.)
(truck)
(ft.)

Sub Total (C)

Total (A+B+C)

-------------- 644400

30

Rajshree Stone Crusher

Jamshedpur, Jharkhand
Ranchi- 825418

Annexure VI

: Details of Bank Interest & Repayment Of Loan

Particulars
Term Loan

2010-2011 2011-2012 2012-2013 2013-2014 2014-2015

Opening Balance
Add : Additions

--------1500000
1500000

1200000
----------1200000

900000
---------900000

600000
---------600000

300000
---------300000

Less :Annual Repayments

300000

300000

300000

300000

300000

Closing Balance

1200000

900000

600000

300000

000000

172500

138000

103500

69000

34500

Interest @ 11.5% (A)

31

Annexure VII: Details of Assets & Depreciation

Particulars
Land
Opening W.D.V
Add : Additions
Less : Deletions
Less : Depreciation
Closing W.D.V
Work shed
Opening W.D.V
Add : Additions
Less : Deletions
Less: Depreciation (10%)
Closing W.D.V
Office
Opening W.D.V
Add : Additions
Less : Deletions
Less: Depreciation (10%)
Closing W.D.V
Machinery
Opening W.D.V
Add : Additions
Less : Deletions
Less: Depreciation (15%)
Closing W.D.V
Electrical fittings
Opening W.D.V
Add : Additions
Less : Deletions
Less : Depreciation (15%)
Closing W.D.V
Truck
Opening W.D.V
Add : Additions
Less : Deletions
Less : Depreciation (15%)
Closing W.D.V

2011

2012

2013

2014

2015

--------200000

200000
---------

200000
---------

200000
000000

200000
000000

000000
200000

--------200000

--------200000

000000
200000

000000
200000

--------120000

108000
----------

97200
--------

87480
00000

78732
80000

12000
108000

10800
97200

9720
87480

8748
78732

15873
142859

-------20000

18000
---------

16200
--------

14580
00000

13122
10000

2000
18000

1800
16200

1620
14580

1458
13122

2312
20810

--------880000

748000
---------

673200
000000

605880
000000

545292
225000

132000
748000

74800
673200

67320
605880

60588
545292

115543
654749

-------60000

51000
---------

43350
00000

36847
000000

31320
40000

9000
51000

7650
43350

6502
36847

5527
31320

10698
60622

--------900000

765000
---------

650250
---------

552712
--------

469806
---------

135000
765000

114750
650250

97537
552712

82906
469806

70471
399335

32

Annexure VII: Details of Assets & Depreciation

Particulars
2011
Furniture & Office Equipment
Opening W.D.V
Add : Additions
Less : Deletions
Less : Depreciation (15%)
Closing W.D.V

Total Assets
Opening W.D.V
Add : Additions
Less : Deletions
Less : Depreciation
Closing W.D.V

2012

2013

2014

2015

--------40000

34000
--------

28900
000000

24565
---------

20880
10000

6000
34000

5100
28900

4335
24565

3685
20880

4632
26248

---------2220000
---------296000
1924000

1924000
------------------214900
1709100

1709100
------------------187035
1522065

1522065
-------------------162912
1359153

1359153
365000
---------219529
1504624

33

GROSS BLOCK

2220000 2220000 2220000 2220000 2585000

TOTAL DEPRECIATION 296000

NET BLOCK

510900

697935

860847

1080376

1924000 1709100 1522065 1359153 1504624

34