Dairy Beef LTD New

Page 1
(Amount Tk.in 000)

ANNEXURE - C.I
ESTIMATED FINANCIAL RESULTS

Item
1st Year
2nd Year
3rd Year
4th Year
5th Year
6th Year
7th Year
8th Year
9th Year
10th Year
60%
62%
64%
66%
68%
70%
72%
74%
76%
80%
Sales Revenue
271,300
305,007
314,872
324,737
334,603
344,468
354,334
364,199
374,065
394,618
Gross Profit
101,453
94,060
96,691
99,370
102,082
104,142
107,774
110,573
113,322
121,229
Operating Profit
95,518
87,992
90,552
93,206
95,893
102,668
106,277
109,050
111,775
119,630
Net Profit before Tax
66,221
58,699
61,261
63,927
66,628
73,720
76,483
78,409
80,283
86,466
Net Profit after Tax
43,044
38,154
39,820
41,553
43,308
47,918
49,714
50,966
52,184
56,203
Retained Earnings
43,044
38,154
39,820
41,553
43,308
47,918
49,714
50,966
52,184
56,203
Gross Profit to Sales
37.40%
30.84%
30.71%
30.60%
30.51%
30.23%
30.42%
30.36%
30.29%
30.72%
Operating Profit to Sales
35.21%
28.85%
28.76%
28.70%
28.66%
29.80%
29.99%
29.94%
29.88%
30.32%
Net Profit to Sales (before Tax)
24.41%
19.25%
19.46%
19.69%
19.91%
21.40%
21.59%
21.53%
21.46%
21.91%
Net Profit to Sales (after Tax)
15.87%
12.51%
12.65%
12.80%
12.94%
13.91%
14.03%
13.99%
13.95%
14.24%
2.93
2.71
2.79
2.86
2.94
3.61
3.63
3.62
3.61
3.66
11.42%
0.00
Financial Internal Rate Of Return (FIRR)
#VALUE!
0.00
Modified Internal Rate Of Return (MIRR)
#VALUE!
0.00
Net Present Value (NPV)
#VALUE!
0.00
Capacity Utilization
Investment-Service Coverage Ratio

Weighted Average Cost Of Capital
Break Even Sales

Break Even Capacity
Pay-Back Period
39884.14
9%
54652.43
11%
40920.37
8%
Of Installed Capacity.
0.58 Years
Page 2
(Amount Tk.in 000)

ANNEXURE - C.II
CAPITAL REQUIREMENT & PROPOSED MEANS OF FINANCE

FIXED COST OF THE PROJECT
Cost
Item
Land
Building & Other Construction
1500
Machinery & Equipment's
20000
Other Assets
18100
Other Costs
5600
Total
45200
MEANS OF FINANCE
Against Total Estimated Cost of the Project
Against Total Cost of Machinery & Equipment
Amount
Long-term Loan
27940
62%
16000
80%
Bridge Financing
0%
0%
Owner's Equity
17260
38%
4000
20%
45200
100%
20000
100%
Total
Amount
b. Working Capital
1st Year
2nd Year
3rd Year
4th Year
5th Year
6th Year
7th Year
8th Year
9th Year
10th Year
Bank's Finance:
Amount
%
Owners Equity
161070.76
166638.02
172212.27
177720.08
183221.20
186761.27
192213.79
197684.40
203174.91
213959.75
80%
80%
80%
80%
80%
80%
80%
80%
80%
80%
40267.69
41659.50
43053.07
44430.02
45805.30
46690.32
48053.45
49421.10
50793.73
53489.94
Page 3
(Amount Tk.in 000)

ANNEXURE - C.III
EARNING FORECAST
1st Year
2nd Year
3rd Year
4th Year
5th Year
6th Year
7th Year
8th Year
9th Year
10th Year
60%
62%
64%
66%
68%
70%
72%
74%
76%
80%
Sales Revenue
271299.60
305006.52
314871.96
324737.40
334602.84
344468.28
354333.72
364199.16
374064.60
394617.60
Cost Of Goods Sold
169846.74
210946.67
218180.52
225367.53
232521.26
240326.69
246559.26
253626.38
260742.49
273389.04
Gross Profit
101452.86
94059.85
96691.44
99369.87
102081.58
104141.59
107774.46
110572.78
113322.11
121228.56
5935.25
6067.52
6139.18
6163.84
6188.51
1473.17
1497.83
1522.50
1547.16
1598.54
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Operating Profit
95517.61
87992.33
90552.26
93206.02
95893.07
102668.42
106276.62
109050.28
111774.95
119630.02
Financial Expenses
29296.67
29293.45
29291.32
29278.89
29265.43
28948.00
29793.14
30641.08
31492.11
33163.76
Net Profit before Tax
66220.94
58698.88
61260.93
63927.13
66627.64
73720.43
76483.48
78409.20
80282.84
86466.26
Income Tax (@35%)
23177.33
20544.61
21441.33
22374.50
23319.68
25802.15
26769.22
27443.22
28098.99
30263.19
0.00
0.00
0.00
0.00
0.00
Item
Admin. & General Expenses

Income From Waste Raw Material
Net Profit after Tax
43043.61
38154.27
39819.61
41552.64
43307.97
47918.28
49714.26
50965.98
52183.84
56203.07
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
43043.61
38154.27
39819.61
41552.64
43307.97
47918.28
49714.26
50965.98
52183.84
56203.07
Gross Profit to Sales
37.40%
30.84%
30.71%
30.60%
30.51%
30.23%
30.42%
30.36%
30.29%
30.72%
Operating Profit to Sales
35.21%
28.85%
28.76%
28.70%
28.66%
29.80%
29.99%
29.94%
29.88%
30.32%
Net Profit to Sales (before Tax)
24.41%
19.25%
19.46%
19.69%
19.91%
21.40%
21.59%
21.53%
21.46%
21.91%
Net Profit to Sales (after Tax)
15.87%
12.51%
12.65%
12.80%
12.94%
13.91%
14.03%
13.99%
13.95%
14.24%
Dividend Paid
Retained Earnings
Page 4
(Amount Tk.in 000)

ANNEXURE - C.IV
ESTIMATED SALES REVENUE

Item
1st Year
2nd Year
3rd Year
4th Year
5th Year
6th Year
7th Year
8th Year
9th Year
10th Year
60%
62%
64%
66%
68%
70%
72%
74%
76%
80%
348192.00
359798.40
371404.80
383011.20
394617.60
406224.00
417830.40
429436.80
441043.20
464256.00
Add. Opening Stock Of WIP
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Less. Closing Stock Of WIP
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Add.Opening Stock Of FG
0.00
29016.00
29983.20
30950.40
31917.60
32884.80
33852.00
34819.20
35786.40
36753.60
Less: Closing Stock Of FG
29016.00
29983.20
30950.40
31917.60
32884.80
33852.00
34819.20
35786.40
36753.60
36753.60
Total Estimated Sales :
319176.00
358831.20
370437.60
382044.00
393650.40
405256.80
416863.20
428469.60
440076.00
464256.00
15% on Estimated Sales
47876.40
53824.68
55565.64
57306.60
59047.56
60788.52
62529.48
64270.44
66011.40
69638.40
Less adjustment with RM
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
47876.40
53824.68
55565.64
57306.60
59047.56
60788.52
62529.48
64270.44
66011.40
69638.40
271299.60
305006.52
314871.96
324737.40
334602.84
344468.28
354333.72
364199.16
374064.60
394617.60
Total Sales
Adjustment for Inventories:
LESS VAT
Net VAT payable

Sales after paying VAT
Page 5
(Amount Tk.in 000)
ANNEXURE - C.IV
Yearly Production at 100% Capacity

Quty (in
pcs/ltr/Ton)
Item
Milk
Rate
(in Taka)
Total (in '000')
5760000
52
299520.00
Matha
720000
80
57600.00
Dai
360000
120
43200.00
Cream
720000
250
180000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0
0
Total Sales Revenue
0.00
0.00
580320.00
Page 6
(Amount Tk.in 000)

ANNEXURE - C.V
COST OF GOODS SOLD

1st Year
2nd Year
3rd Year
4th Year
5th Year
6th Year
7th Year
8th Year
9th Year
10th Year
60%
62%
64%
66%
68%
70%
72%
74%
76%
80%
197316.00
203893.20
210470.40
217047.60
223624.80
230202.00
236779.20
243356.40
249933.60
263088.00
Salaries & Wages for Factory Stuff
2808.00
3088.80
3397.68
3737.45
4111.19
4522.31
4974.54
5472.00
6019.20
6621.12
Depreciation
1875.00
1875.00
1875.00
1875.00
1875.00
1875.00
1875.00
1875.00
1875.00
1875.00
Utilities
1520.64
1571.33
1622.02
1672.70
1672.70
1672.70
1672.70
1672.70
1672.70
1672.70
Stores & Spares
100.00
150.00
200.00
200.00
200.00
200.00
200.00
200.00
200.00
200.00
Repair & Maintenance
107.50
157.50
207.50
207.50
207.50
207.50
207.50
207.50
207.50
207.50
1276.00
1426.00
1626.00
1826.00
2026.00
2026.00
2026.00
2026.00
2026.00
2026.00
Rent of Factory Land/Building
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Manufacturing Overhead
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
205003.14
212161.83
219398.60
226566.25
233717.20
240705.52
247734.95
254809.60
261934.00
275690.32
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
205003.14
212161.83
219398.60
226566.25
233717.20
240705.52
247734.95
254809.60
261934.00
275690.32
Less: Closing Stock Of WIP
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Cost Of Goods Sold
205003.14
212161.83
219398.60
226566.25
233717.20
240705.52
247734.95
254809.60
261934.00
275690.32
0.00
35156.40
36371.56
37589.63
38788.35
39984.28
40363.11
41538.80
42722.02
43913.53
205003.14
247318.23
255770.15
264155.88
272505.55
280689.80
288098.06
296348.40
304656.02
319603.85
35156.40
36371.56
37589.63
38788.35
39984.28
40363.11
41538.80
42722.02
43913.53
46214.81
169846.74
210946.67
218180.52
225367.53
232521.26
240326.69
246559.26
253626.38
260742.49
273389.04
Raw Materials
Tax & Insurance
Total
Adjustment for Inventories:
Add:Opening Stock Of WIP
C.O.G.S before adjustment of C.S
Add: O.S Of FinishedGoods

Goods Available For Sale
Less:C.S.Of Finished Goods
Net Cost of Goods Sold:
Page 7
(Amount Tk.in 000)

(ANNEXURE - C.V Contd)
RAW MATERIALS :
Imported/Basic Raw-Materials:
Quantity
(in N0/Kg)
Item
C&F Value
Total C & F
Cost
Total VAT
Total Other
Costs
Total Cost
(In Taka)
(In '000' Taka)
(In '000' Taka)
(In'000' Taka)
(In '000' Taka)
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0
0
0.00
7830000
42
328860
7830000
328860.00
7830000
328860.00
Milk
Requirement
Landed Cost
Per Unit
0.00
Local Raw-Material :
Total Raw Material
VAT
0.00
Total (Imported + Local):
Other Cost
Related to
Import
1st Year
197316.00
2nd Year
203893.20
3rd Year
210470.40
4th Year
217047.60
5th Year
223624.80
6th Year
230202.00
7th Year
236779.20
8th Year
243356.40
9th Year
249933.60
10th Year
263088.00
Page 8
(Amount Tk.in 000)

Factory Staff.
Position
Manager
Accountant
Store Keeper
Security
Labor
Driver
No(s)
1
1
1
5
15
3
0
0
0
0
0
0
0
0
0
0
0
0
0
0
26
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Sub - Total :
OPERATOR/ LABOR :
Category
No(s)
0
0
0
0
Salary/ Month
20000
15000
10000
6000
5000
15000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Salary/ Month
0
0
0
0
0
26
Sub - Total :
GRAND TOTAL :
Annual Salaries & Wages for Factory Stuff
1st Year
Item
Salary
2340.00
Increment
0.00
Sub - Total :
2340.00
Bonus
468.00
Total:
2808.00
Total Salary
240
180
120
360
900
540
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2340
Total Salary
0
0
0
0
2nd Year
2340.00
234.00
2574.00
514.80
3088.80
0
0
0
0
0
2340
3rd Year
2574.00
257.40
2831.40
566.28
3397.68
4th Year
2831.40
283.14
3114.54
622.91
3737.45
5th Year
3114.54
311.45
3425.99
685.20
4111.19
6th Year
3425.99
342.60
3768.59
753.72
4522.31
7th Year
3768.59
376.86
4145.45
829.09
4974.54
8th Year
4145.45
414.55
4560.00
912.00
5472.00
9th Year
4560.00
456.00
5016.00
1003.20
6019.20
10th Year
5016.00
501.60
5517.60
1103.52
6621.12
Page 9
(Amount Tk.in 000)

1st Year
2nd Year
3rd Year
4th Year
5th Year
6th Year
7th Year
8th Year
9th Year
10th Year
DEPRECIATION :
Building
75.00
75.00
75.00
75.00
75.00
75.00
75.00
75.00
75.00
75.00
Machinery
1800.00
1800.00
1800.00
1800.00
1800.00
1800.00
1800.00
1800.00
1800.00
1800.00
Total Depreciation :
1875.00
1875.00
1875.00
1875.00
1875.00
1875.00
1875.00
1875.00
1875.00
1875.00
1672.70
1672.70
1672.70
1672.70
1672.70
1672.70
1672.70
UTILITIES :
Water
Power
0.00
45 KW
1814.40
Fuel & Lubricant
600.00
Gas
Total Requirement for Utilities:
120.00
1520.64
1571.33
1622.02
STORE AND SPARES :

Requirement as % of M/C Cost:
Amount Required:
0.50%
0.75%
1.00%
1.00%
1.00%
1.00%
1.00%
1.00%
1.00%
1.00%
100.00
150.00
200.00
200.00
200.00
200.00
200.00
200.00
200.00
200.00
100.00
150.00
200.00
200.00
200.00
200.00
200.00
200.00
200.00
200.00
7.50
7.50
7.50
7.50
7.50
7.50
7.50
7.50
7.50
7.50
107.50
157.50
207.50
207.50
207.50
207.50
207.50
207.50
207.50
207.50
REPAIR AND MAINTENANCE :

Machinery
Building
Total Requirement
TAX AND INSURANCE :
For Fixed Assets
226.00
226.00
226.00
226.00
226.00
226.00
226.00
226.00
226.00
226.00
For Inventory
1050.00
1200.00
1400.00
1600.00
1800.00
1800.00
1800.00
1800.00
1800.00
1800.00
Total Requirement:
1276.00
1426.00
1626.00
1826.00
2026.00
2026.00
2026.00
2026.00
2026.00
2026.00
Area of Land/Building :
0.00
Acres
Amount Required :
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
RENT OF FACTORY LAND/BUILDING:
Page 10
(Amount Tk.in 000)

ANNEXURE - C.VI
ADMINISTRATIVE, GENERAL AND SELLING EXPENSES

Item
Directors Remuneration
1st Year
2nd Year
3rd Year
4th Year
5th Year
6th Year
7th Year
8th Year
9th Year
10th Year
300.00
300.00
300.00
300.00
300.00
300.00
300.00
300.00
300.00
300.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
4740.00
4740.00
4740.00
4740.00
4740.00
0.00
0.00
0.00
0.00
0.00
Postage, Telephone, Telegram etc.
50.00
60.00
70.00
70.00
70.00
70.00
70.00
70.00
70.00
70.00
Stationary & Printing
12.00
15.00
17.00
17.00
17.00
17.00
17.00
17.00
17.00
17.00
Traveling & Conveyance
30.00
35.00
40.00
40.00
40.00
40.00
40.00
40.00
40.00
40.00
Advertisement & Marketing
30.00
30.00
30.00
30.00
30.00
30.00
30.00
30.00
30.00
30.00
Entertainment
15.00
20.00
25.00
25.00
25.00
25.00
25.00
25.00
25.00
25.00
Audit Fee
30.00
35.00
40.00
40.00
40.00
40.00
40.00
40.00
40.00
40.00
678.25
762.52
787.18
811.84
836.51
861.17
885.83
910.50
935.16
986.54
Administrative Salary
Depreciation & Write-off
Selling Expenses (0.25% on sales)

Office Rent
Misc. Expense
TOTAL ADMINISTRATIVE, GENERAL
AND SELLING EXPANSES
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
50.00
70.00
90.00
90.00
90.00
90.00
90.00
90.00
90.00
90.00
5935.25
6067.52
6139.18
6163.84
6188.51
1473.17
1497.83
1522.50
1547.16
1598.54
Page 11
(Amount Tk.in 000)

(ANNEXURE - VI Contd)
ADMINISTRATIVE SALARY :
Position
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
No(s)
0
0
0
0
0
0
0
0
0
0
0
Monthly Salary
0
0
0
0
0
0
0
0
0
0
0
Total Sal./ yr.

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Total :
0
Annual Requirement for Administrative Salary:
1st Year
Item
Salary
0.00
Increment ( @10% per year )
0.00
Sub - Total
0.00
Bonus
0.00
Others
0.00
Total Adminis. Salary :
0.00
2nd Year
0.00
0.00
0.00
0.00
0.00
0.00
3rd Year
0.00
0.00
0.00
0.00
0.00
0.00
DEPRECIATION AND WRITE-OFF :

Other Assets
3620.00
Pre Operating Expenses
1120.00
Total
4740.00
4th Year
0.00
0.00
0.00
0.00
0.00
0.00
5th Year
0.00
0.00
0.00
0.00
0.00
0.00
6th Year
0.00
0.00
0.00
0.00
0.00
0.00
7th Year
0.00
0.00
0.00
0.00
0.00
0.00
8th Year
0.00
0.00
0.00
0.00
0.00
0.00
9th Year
0.00
0.00
0.00
0.00
0.00
0.00
10th Year
0.00
0.00
0.00
0.00
0.00
0.00
Page 12
(Amount Tk.in 000)

ANNEXURE - C.VII
TOTAL INCOME FROM OTHER SOURCES

Item
1st Year
Short Term Investment
2nd Year
3rd Year
4th Year
5th Year
6th Year
7th Year
8th Year
9th Year
10th Year
Waste Raw Material
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total :
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
INCOME FROM SALES OF WASTE RAW MATERIAL

Item
Usable
Quantity (Ton)
Rate
Total Sales Price
351.68
Unusable
Total Salable Waste
Page 13
(Amount Tk.in 000)

ANNEXURE - C.VII
ASSESSMENT OF WORKING CAPITAL

Current Assets
Tide-up Period (days)
Current
Assets
Tide-up Period
Imported Raw Materials(LC & Bills Stage)
Work In Process
Finished goods
30
Receivable
60
Store & Spares
90
Inventory of Imported Raw Materials

Inventory of Local Raw Materials
90
1st Year
Current Assets
2nd Year
3rd Year
4th Year
5th Year
6th Year
7th Year
8th Year
9th Year
10th Year
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
98658.00
101946.60
105235.20
108523.80
111812.40
115101.00
118389.60
121678.20
124966.80
131544.00

Work in Process
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Finished Goods
35156.40
36371.56
37589.63
38788.35
39984.28
40363.11
41538.80
42722.02
43913.53
46214.81
Receivable
70312.80
72743.11
75179.26
77576.70
79968.57
80726.23
83077.59
85444.03
87827.05
92429.62
50.00
75.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
204177.19
211136.27
218104.09
224988.85
231865.25
236290.34
243105.99
249944.25
256807.38
270288.43
Stores & Spares

Total :
Less-Dep. Involves in WIP,FG & Rec.
2838.75
2838.75
2838.75
2838.75
2838.75
2838.75
2838.75
2838.75
2838.75
2838.75
Total Working Capital Requirement
201338.44
208297.52
215265.34
222150.10
229026.50
233451.59
240267.24
247105.50
253968.63
267449.68
Margin against W/C Finance
40267.69
41659.50
43053.07
44430.02
45805.30
46690.32
48053.45
49421.10
50793.73
53489.94
161070.76
166638.02
172212.27
177720.08
183221.20
186761.27
192213.79
197684.40
203174.91
213959.75
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
For Bills Stage
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
For Inventory of Imported RM
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
78926.40
81557.28
84188.16
86819.04
89449.92
92080.80
94711.68
97342.56
99973.44
105235.20
W/C for Bank Finance
Break-up of Working Capital for Bank Finance

Non Funded (L/C Stage)
Funded:
For Inventory of Local RM

For WIP Stage
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
For FG Stage
28125.12
29097.25
30071.70
31030.68
31987.43
32290.49
33231.04
34177.61
35130.82
36971.85
For Receivable Stage
54019.24
55983.49
57952.41
59870.36
61783.85
62389.98
64271.08
66164.23
68070.64
71752.70
Sub-Total (Funded):
161070.76
166638.02
172212.27
177720.08
183221.20
186761.27
192213.79
197684.40
203174.91
213959.75
Total W/C for Bank Finance:
161070.76
166638.02
172212.27
177720.08
183221.20
186761.27
192213.79
197684.40
203174.91
213959.75
Page 14
(Amount Tk.in 000)

ANNEXURE - C.VIII
FINANCIAL EXPENSES
Item
Profit on Long Term Investment
1st Year
2nd Year
3rd Year
4th Year
5th Year
6th Year
7th Year
8th Year
9th Year
10th Year
3897.63
3031.49
2165.35
1299.21
433.07
0.00
0.00
0.00
0.00
0.00
24965.97
25828.89
26692.90
27546.61
28399.29
28948.00
29793.14
30641.08
31492.11
33163.76
433.07
433.07
433.07
433.07
433.07
0.00
0.00
0.00
0.00
0.00
29296.67
29293.45
29291.32
29278.89
29265.43
28948.00
29793.14
30641.08
31492.11
33163.76
Profit on Bridge Financing

Profit on Working Capital Investment
Profit during Gestation Period on L.T.I
Total Financial Expenses
PROFIT ON LONG TERM INVESTMENT
1st Year
Principal
2nd Year
3rd Year
4th Year
5th Year
6th Year
7th Year
8th Year
9th Year
10th Year
27940.00
22352.00
16764.00
11176.00
5588.00
0.00
0.00
0.00
0.00
0.00
5588.00
5588.00
5588.00
5588.00
5588.00
0.00
0.00
0.00
0.00
0.00
Closing Balance
22352.00
16764.00
11176.00
5588.00
0.00
0.00
0.00
0.00
0.00
0.00
Average Balance
25146.00
19558.00
13970.00
8382.00
2794.00
0.00
0.00
0.00
0.00
0.00
3897.63
3031.49
2165.35
1299.21
433.07
0.00
0.00
0.00
0.00
0.00
Principal Re-payment
Profit/Rent
PROFIT/COMMISSION ON WORKING CAPITAL FINANCE
1st Year
Required Total W/C Finance/Investment
2nd Year
3rd Year
4th Year
5th Year
6th Year
7th Year
8th Year
9th Year
10th Year
161070.76
166638.02
172212.27
177720.08
183221.20
186761.27
192213.79
197684.40
203174.91
213959.75
Working Capital Finance(No-Funded)
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Working Capital Investment(Funded)
161070.76
166638.02
172212.27
177720.08
183221.20
186761.27
192213.79
197684.40
203174.91
213959.75
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit on W/C Investment
24965.97
25828.89
26692.90
27546.61
28399.29
28948.00
29793.14
30641.08
31492.11
33163.76
Total Profit/Commission:
24965.97
25828.89
26692.90
27546.61
28399.29
28948.00
29793.14
30641.08
31492.11
33163.76
Commission on W/C Finance
Page 15
(Amount Tk.in 000)

ANNEXURE - IX.A
REPAYMENT SCHEDULE OF LONG TERM LOAN

Principal Loan
27940
Repayment Period
5 Years
Nos. of Installment
Annual Interest Rate
Installment Size
20 Quarterly
15.50%
(2,033.18)
Adjustment of Loan
Principal
Outstanding
Interest
Installment
Paid
Principal
Adjustment
Quarter
Interest
Installment
Paid
Principal
Adjustment
1st'
27940.00
1082.68
2033.18
950.51
15th'
10701.73
414.69
2033.18
1618.49
2nd'
26989.49
1045.84
2033.18
987.34
16th'
9083.24
351.98
2033.18
1681.21
3rd'
26002.15
1007.58
2033.18
1025.60
17th'
7402.03
286.83
2033.18
1746.35
4th'
24976.55
967.84
5th'
23911.21
926.56
2033.18
1065.34
18th'
5655.68
219.16
2033.18
1814.03
2033.18
1106.62
19th'
3841.65
148.86
2033.18
1884.32
6th'
22804.59
883.68
2033.18
1149.51
20th'
1957.34
75.85
2033.18
1957.34
7th'
21655.08
839.13
2033.18
1194.05
21st'
0.00
0.00
2033.18
2033.18
8th'
20461.03
792.87
2033.18
1240.32
22nd'
-2033.18
-78.79
2033.18
2111.97
9th'
19220.72
744.80
2033.18
1288.38
23rd'
-4145.15
-160.62
2033.18
2193.81
10th'
17932.34
694.88
2033.18
1338.30
24th'
-6338.96
-245.63
2033.18
2278.82
11th'
16594.03
643.02
2033.18
1390.16
25th'
-8617.78
-333.94
2033.18
2367.12
12th'
15203.87
589.15
2033.18
1444.03
26th'
-10984.90
-425.66
2033.18
2458.85
13th'
13759.83
533.19
2033.18
1499.99
27th'
-13443.75
-520.95
2033.18
2554.13
14th'
12259.85
475.07
2033.18
1558.11
28th'
-15997.87
-619.92
2033.18
2653.10
Quarter
Principal
Outstanding
ANNEXURE - C.IX
Page 16
(Amount Tk.in 000)
INVESTMENT - SERVICE COVERAGE RATIO

Income
Operating Profit
Income Available For
Meeting Liability
Liabilities for Re-payment

Installment Of Term Investment
1st Year
2nd Year
3rd Year
4th Year
5th Year
6th Year
7th Year
8th Year
9th Year
10th Year
95517.61
87992.33
90552.26
93206.02
95893.07
102668.42
106276.62
109050.28
111774.95
119630.02
6615.00
6615.00
6615.00
6615.00
6615.00
1875.00
1875.00
1875.00
1875.00
1875.00
102132.61
94607.33
97167.26
99821.02
102508.07
104543.42
108151.62
110925.28
113649.95
121505.02
1st Year
2nd Year
3rd Year
4th Year
5th Year
6th Year
7th Year
8th Year
9th Year
10th Year
5588.00
5588.00
5588.00
5588.00
5588.00
0.00
0.00
0.00
0.00
0.00
Financial Expenses
29296.67
29293.45
29291.32
29278.89
29265.43
28948.00
29793.14
30641.08
31492.11
33163.76
Total Liability for Re-payment
34884.67
34881.45
34879.32
34866.89
34853.43
28948.00
29793.14
30641.08
31492.11
33163.76
Investment-Service Coverage
Ratio(Times)
2.93
2.71
2.79
2.86
2.94
3.61
3.63
3.62
3.61
3.66
Page 17
(Amount Tk.in 000)
PROJECTED CASH FLOW STATEMENT

Sources of Fund
Owners Equity in Fixed Investment
Const. Year
1st Year
2nd Year
3rd Year
4th Year
5th Year
6th Year
7th Year
8th Year
9th Year
17260.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
161070.76
5567.26
5574.25
5507.81
5501.12
3540.07
5452.52
5470.61
5490.51
27940.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Bridge Financing
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Retained Earnings
0.00
43043.61
38154.27
39819.61
41552.64
43307.97
47918.28
49714.26
50965.98
52183.84
Tax Holiday Reserve
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Depreciation
0.00
6615.00
6615.00
6615.00
6615.00
6615.00
1875.00
1875.00
1875.00
1875.00
Equity Contribution in W/C
0.00
40267.69
1391.82
1393.56
1376.95
1375.28
885.02
1363.13
1367.65
1372.63
45200.00
250997.06
51728.35
53402.42
55052.40
56799.37
54218.37
58404.91
59679.24
60921.98
Increase in Current Liability

Long Term Bank Loan
Total Fund
Application Of Fund :
Capital Investment
Const. Year
1st Year
2nd Year
3rd Year
4th Year
5th Year
6th Year
7th Year
8th Year
9th Year
21500.000
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
23700.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
204177.19
5588.00
6959.08
5588.00
6967.82
5588.00
6884.76
5588.00
6876.40
5588.00
4425.09
0.00
6815.65
0.00
6838.26
0.00
6863.13
0.00
45200.00
209765.19
12547.08
12555.82
12472.76
12464.40
4425.09
6815.65
6838.26
6863.13
Cash Surplus
0.00
41231.86
39181.27
40846.61
42579.64
44334.97
49793.28
51589.26
52840.98
54058.84
Opening Cash Balance
0.00
0.00
41231.86
80413.14
121259.74
163839.38
208174.35
257967.62
309556.89
362397.87
Closing Cash Balance
0.00
41231.86
80413.14
121259.74
163839.38
208174.35
257967.62
309556.89
362397.87
416456.71

Increase In Current Assets
Repayment Of Loan
Total Application Of Fund :
Page 18
(Amount Tk.in 000)

ANNEXURE - C.XI
PROJECTED BALANCE SHEET

Assets
Construction Year
Taka
1st Year
%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
52.43%
47.57%
100.00%
Taka
41231.86
0.00
41231.86
98658.00
0.00
35156.40
70312.80
50.00
0.00
245409.06
18960.00
19625.00
283994.06
Long Term Loan

Bridge Financing
Working Capital Loan
Total Liabilities
Taka
27940.00
0.00
0.00
27940.00
%
61.81%
0.00%
0.00%
61.81%
Equity
Paid Up Capital
Equity from IPO
Increment in Equity Participation
Tax Holiday Reserve
Retained Earnings
Total Equity
Total Liability & Equity
Taka
17260.00
0.00
0.00
0.00
0.00
17260.00
45200.00
%
38.19%
0.00%
0.00%
0.00%
0.00%
38.19%
100.00%
Free Cash
Restricted Cash
Cash Balance
Raw & Packing Materials
Work in Process
Finished Goods
Receivable
Store & Spares
Other Current Assets
Current Assets
Fixed Assets
Total Assets
Liabilities
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
23700.00
21500.00
45200.00
Construction Year
2nd Year
%
14.52%
0.00%
14.52%
34.74%
0.00%
12.38%
24.76%
0.02%
0.00%
86.41%
6.68%
6.91%
100.00%
Taka
80413.14
0.00
80413.14
101946.60
0.00
36371.56
72743.11
75.00
0.00
291549.41
14220.00
17750.00
323519.41
Taka
22352.00
0.00
161070.76
183422.76
%
7.87%
0.00%
56.72%
64.59%
Taka
16764.00
0.00
166638.02
183402.02
Taka
17260.00
0.00
40267.69
0.00
43043.61
100571.30
283994.06
%
6.08%
0.00%
14.18%
0.00%
15.16%
35.41%
100.00%
Taka
17260.00
0.00
41659.50
0.00
81197.89
140117.39
323519.41
1st Year
3rd Year
4th Year
%
Taka
%
Taka
%
24.86%
121259.74
33.25%
163839.38
0.00%
0.00
0.00%
0.00
24.86%
121259.74
33.25%
163839.38
31.51%
105235.20
28.85%
108523.80
0.00%
0.00
0.00%
0.00
11.24%
37589.63
10.31%
38788.35
22.48%
75179.26
20.61%
77576.70
0.02%
100.00
0.03%
100.00
0.00%
0.00
0.00%
0.00
90.12%
339363.83
93.05%
388828.23
4.40%
9480.00
2.60%
4740.00
5.49%
15875.00
4.35%
14000.00
100.00%
364718.83
100.00%
407568.23
2nd Year
3rd Year
4th Year
%
Taka
%
Taka
%
5.18%
11176.00
3.06%
5588.00
0.00%
0.00
0.00%
0.00
51.51%
172212.27
47.22%
177720.08
56.69%
183388.27
50.28%
183308.08
%
Taka
5.34%
17260.00
0.00%
0.00
12.88%
43053.07
0.00%
0.00
25.10%
121017.49
43.31%
181330.56
100.00%
364718.83
40.20%
0.00%
40.20%
26.63%
0.00%
9.52%
19.03%
0.02%
0.00%
95.40%
1.16%
3.44%
100.00%
%
Taka
4.73%
17260.00
0.00%
0.00
11.80%
44430.02
0.00%
0.00
33.18%
162570.13
49.72%
224260.15
100.00%
407568.23
1.37%
0.00%
43.60%
44.98%
%
4.23%
0.00%
10.90%
0.00%
39.89%
55.02%
100.00%
Page 19
(Amount Tk.in 000)

ANNEXURE - C.XII
EXPECTED KEY RATIOS

Construction Year
1st Year
2nd Year
3rd Year
4th Year
DEBT ( % )
61.81
64.59
56.69
50.28
44.98
EQUITY ( % )
38.19
35.41
43.31
49.72
55.02
Current Ratio
1.47
1.69
1.91
2.12
Quick Ratio
0.67
0.89
1.10
1.32
Liquidity Ratio
0.25
0.47
0.68
0.89
Asset Ratio
1.55
1.76
1.99
2.22
Return on Equity Ratio
2.49
0.38
0.28
0.23
Working Capital to Total Assets(X1)
0.57
0.52
0.47
0.44
Retained Earnings to Total Assets(X2)
0.15
0.12
0.11
0.10
EBIT to Total Assets(X3)
0.34
0.27
0.25
0.23
Equity to Total Liabilities(X4)
0.55
0.76
0.99
1.22
Sales to Total Assets(X5)
0.96
0.94
0.86
0.80
Y-SCORE
1st Year
2nd Year
3rd Year
4th Year
Current Ratio
2.00
3.00
3.00
4.00
Quick Ratio
2.00
3.00
4.00
4.00
Liquidity Ratio
2.00
4.00
4.00
4.00
Asset Ratio
1.00
2.00
2.00
3.00
4.00
4.00
4.00
4.00
11.00
16.00
17.00
19.00
Total :
Z-SCORE
Z = 0.012 X1 + 0.014 X2 + 0.033 X3 + 0.006 X4 +0.999 X5
1st Year
Z-Score
2.19
2nd Year
2.19
3rd Year
2.18
4th Year
2.20
Page 20
(Amount Tk.in 000)

ANNEXURE - C.XIII
WEIGHTED AVERAGE COST OF CAPITAL

Const. Year
1st Year
2nd Year
3rd Year
4th Year
5th Year
6th Year
7th Year
8th Year
9th Year
Debt ( in % )
61.81
64.59
56.69
50.28
44.98
40.52
12.81
34.26
31.94
29.97
Equity (in % )
38.19
35.41
43.31
49.72
55.02
59.48
87.19
65.74
68.06
70.03
13.73%
13.33%
13.01%
12.75%
12.53%
10.45%
10.35%
10.36%
10.37%
Cost of Debt
15.50%
Cost of Equity
10.50%
Corporate Tax
35.00%
Average Cost of Capital
13.59%
Weighted Average Cost of Capital =
11.42%
Page 21
(Amount Tk.in 000)

ANNEXURE - C.XIV
FINANCIAL INTERNAL RATE OF RETURN(FIRR)

Year
Operating
Profit
Depreciation
Recovery of
Capital
Year
Recovery of
Operating Profit Depreciation Capital
Cash
In-flow
1st
95517.61
6615.00
#VALUE!
11th'
#VALUE!
2nd
87992.33
6615.00
#VALUE!
12th'
#VALUE!
3rd
90552.26
6615.00
#VALUE!
13th'
#VALUE!
4th
93206.02
6615.00
#VALUE!
14th'
#VALUE!
5th
95893.07
6615.00
#VALUE!
15th'
#VALUE!
6th
102668.42
1875.00
#VALUE!
7th
106276.62
1875.00
#VALUE!
8th
109050.28
1875.00
#VALUE!
9th
111774.95
1875.00
#VALUE!
10th
119630.02
1875.00
205466.32
Recovery Of Capital :
Item
Cost
Land
Building
Machinery
Inventory
Total
Cash in Flow
Rate
Amount
100%
0.00
1500
50%
750.00
20000
10%
2000.00
270288.43
75%
202716.32
205466.32
326971.34
Page 22
(Amount Tk.in 000)

(ANNEXURE - C.XIV Contd)
CASH FLOW STATEMENT FOR CALCULATION OF IRR :

Cash
Outflow
Cash
Inflow
Net Cash
Inflow
5%
10%
15%
20%
25%
30%
40%
Construction Year
45200.00
0.00
(45200.00)
(45,200)
(45,200)
(45,200)
(45,200)
(45,200)
(45,200)
(45,200)
1st
204177.19
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
2nd
6959.08
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
3rd
6967.82
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
4th
6884.76
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
5th
6876.40
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
6th
0.00
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
7th
0.00
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
8th
0.00
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
9th
0.00
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
10th
0.00
326971.34
326971.34
200,732
126,062
80,822
52,808
35,108
23,718
11,304
11th'
0.00
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
12th'
0.00
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
13th'
0.00
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
14th'
0.00
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
15th'
0.00
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
Year
Net Present value :

Internal / Financial Rate Of Return =
#VALUE!
Assumption: All the cash flows will be received at the end of every year.
If we consider that the cash flows will be received monthly basis instead of at the end of every year, as we assumed earlier then,
Internal / Financial Rate Of Return =
#VALUE!
Page 23
(Amount Tk.in 000)

(ANNEXURE - C.XIV Contd)
GRAPHICAL REPRESENTATION OF INTERNAL RATE OF RETURN
NET PRESENT VALUE
12
10
NPV
0
5%
10%
15%
20% RATE
DISCOUNT
25%
30%
40%
Page 24
(Amount Tk.in 000)

ANNEXURE - C.XV
NET PRESENT VALUE (NPV) & MODIFIED INTERNAL RATE OF RETURN (MIRR) Discount
Year
Cash
Outflow
Cash
Inflow
Net Cash NPV of NCI at Co-efficient

Inflow (NCI) WACC
(F/P)
FV of NCI at WACC
CFI for
MIRR
Construction Year
45200.00
0.00
(45200.00)
(45,200)
1.0115
1st
204177.19
#VALUE!
#VALUE!
#VALUE!
1.0103
#VALUE!
#VALUE!
2nd
6959.08
#VALUE!
#VALUE!
#VALUE!
1.0092
#VALUE!
3rd
6967.82
#VALUE!
#VALUE!
#VALUE!
1.0080
#VALUE!
4th
6884.76
#VALUE!
#VALUE!
#VALUE!
1.0069
#VALUE!
5th
6876.40
#VALUE!
#VALUE!
#VALUE!
1.0057
#VALUE!
6th
0.00
#VALUE!
#VALUE!
#VALUE!
1.0046
#VALUE!
7th
0.00
#VALUE!
#VALUE!
#VALUE!
1.0034
#VALUE!
8th
0.00
#VALUE!
#VALUE!
#VALUE!
1.0023
#VALUE!
9th
0.00
#VALUE!
#VALUE!
#VALUE!
1.0011
#VALUE!
10th
0.00
326971.34
326971.34
323,260
1.0000
326,971
#VALUE!
11th'
0.00
#VALUE!
#VALUE!
#VALUE!
0.0000
#VALUE!
12th'
0.00
#VALUE!
#VALUE!
#VALUE!
0.0000
#VALUE!
13th'
0.00
#VALUE!
#VALUE!
#VALUE!
0.0000
#VALUE!
14th'
0.00
#VALUE!
#VALUE!
#VALUE!
0.0000
#VALUE!
15th'
0.00
#VALUE!
#VALUE!
#VALUE!
0.0000
#VALUE!
Net Present value :
Modified Internal Rate Of Return :
#VALUE!
#VALUE!
(45,200)
Page 25
(Amount Tk.in 000)

ANNEXURE - C.XVI
BREAK EVEN ANALYSIS

1st Year of Operation
2nd year of Operation
Income (Net Sales+Other Income)

Break-up Of Cost
Raw Materials
Wages & Salary
Store & Spares
Utilities
3rd year of Operation
271299.60
Fixed Cost
Variable
Cost
Total Cost
305006.52
Fixed Cost
Variable
Cost
Total Cost
314871.96
Fixed Cost
Variable
Cost
Total Cost
0.00
197316.00
197316.00
0.00
203893.20
203893.20
0.00
210470.40
210470.40
1684.80
1123.20
2808.00
1853.28
1235.52
3088.80
2038.61
1359.07
3397.68
50.00
50.00
100.00
75.00
75.00
150.00
100.00
100.00
200.00
152.06
1368.58
1520.64
157.13
1414.20
1571.33
162.20
1459.81
1622.02
53.75
53.75
107.50
78.75
78.75
157.50
103.75
103.75
207.50
Rent , Tax & Insurance
226.00
1050.00
1276.00
226.00
1200.00
1426.00
226.00
1400.00
1626.00
Postage & Telegram
20.00
30.00
50.00
24.00
36.00
60.00
28.00
42.00
70.00
4.80
7.20
12.00
6.00
9.00
15.00
6.80
10.20
17.00
4330.70
24965.97
29296.67
3464.56
25828.89
29293.45
-501.82
29793.14
29291.32
12.00
18.00
30.00
14.00
21.00
35.00
16.00
24.00
40.00
6615.00
0.00
6615.00
6615.00
0.00
6615.00
6615.00
0.00
6615.00
0.00
30.00
30.00
0.00
30.00
30.00
0.00
30.00
30.00
Entertainment
9.00
6.00
15.00
12.00
8.00
20.00
15.00
10.00
25.00
Selling Expenses
0.00
0.00
0.00
0.00
678.25
678.25
0.00
787.18
787.18
Financial Expenses
Audit Fee
Office Rent
Misc. Expenses
30.00
0.00
30.00
35.00
0.00
35.00
40.00
0.00
40.00
300.00
0.00
300.00
300.00
0.00
300.00
300.00
0.00
300.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
25.00
25.00
50.00
35.00
35.00
70.00
45.00
45.00
90.00
13513.11
226043.69
239556.81
12895.72
234542.81
247438.53
9194.54
245634.55
254829.10
Adjustment for WIP & FG
(1983.13)
(33173.27)
(35156.40)
(63.33)
(1151.83)
(1215.16)
(43.95)
(1174.12)
(1218.07)
Net Total
11529.98
192870.43
204400.41
12832.39
233390.98
246223.37
9150.59
244460.43
253611.03
Total Cost
P . V Ratio
Break Even Sales
Break Even Capacity
0.29
39884.14
15% Of Assumed Capacity.
9% Of Installed Capacity.
0.23
54652.43
0.22
40920.37
Page 26
(Amount Tk.in 000)

(ANNEXURE - C.XVI Contd.)
GRAPHICAL REPRESENTATION OF BREAK-EVEN ANALYSIS BASED ON 1ST YEAR OF OPERATION
AM OUNT TAKA IN '000'
400000.00
350000.00
300000.00
250000.00
Total Cost
Fixed Cost
200000.00
Variable Cost
Sales
150000.00
100000.00
50000.00
0.00
0%
10%
20%
30%
40%
CAPACITY UTILIZATION
50%
60%
70%
80%
Page 27
(Amount Tk.in 000)

ANNEXURE - C.XVII
PAY BACK PERIOD

Year
Net Profit
before Tax
Investment
Depreciation
& write off
Total Cash
inflow
Cumulative
cash flow
Balance
45200.00
0.00
45200
0.00
66220.94
6615.00
72835.94
72835.94
-27635.94
0.00
58698.88
6615.00
65313.88
138149.82
-92949.82
0.00
61260.93
6615.00
67875.93
206025.76
-160825.76
0.00
63927.13
6615.00
70542.13
276567.89
-231367.89
0.00
66627.64
6615.00
73242.64
349810.54
-304610.54
0.00
73720.43
1875.00
75595.43
425405.96
-380205.96
0.00
76483.48
1875.00
78358.48
503764.44
-458564.44
0.00
78409.20
1875.00
80284.20
584048.64
-538848.64
0.00
80282.84
1875.00
82157.84
666206.48
-621006.48
10
0.00
86466.26
1875.00
88341.26
754547.74
-709347.74
Pay back
Period (Year)
0.58
Page 28
(Amount Tk.in 000)
ANNEXURE - C.XVIII
ESTIMATED ECONOMIC RESULTS

Item
Contribution to G. D. P
Employment Generation
Cost per Job
Benefit-Cost Ratio
1st Year
2nd Year
3rd Year
4th Year
5th Year
6th Year
7th Year
8th Year
9th Year
10th Year
60%
62%
64%
66%
68%
70%
72%
74%
76%
80%
87474
97499
100237
103231
106290
109537
112801
116064
119328
127225
26 Person
1738.46
1.89
ANNEXURE - C.XIX
Page 29
(Amount Tk.in 000)
CONTRIBUTION TO G. D. P
1st Year
A. Income
B.
2nd Year
3rd Year
4th Year
5th Year
6th Year
7th Year
8th Year
9th Year
10th Year
271299.60
305006.52
314871.96
324737.40
334602.84
344468.28
354333.72
364199.16
374064.60
394617.60
197316.00
203893.20
210470.40
217047.60
223624.80
230202.00
236779.20
243356.40
249933.60
263088.00
Store And Spares
100.00
150.00
200.00
200.00
200.00
200.00
200.00
200.00
200.00
200.00
107.50
157.50
207.50
207.50
207.50
207.50
207.50
207.50
207.50
207.50
Rent , Tax & Insurance
1276.00
1426.00
1626.00
1826.00
2026.00
2026.00
2026.00
2026.00
2026.00
2026.00
Utilities
1520.64
1571.33
1622.02
1672.70
1672.70
1672.70
1672.70
1672.70
1672.70
1672.70
Postage & Telegram
50.00
60.00
70.00
70.00
70.00
70.00
70.00
70.00
70.00
70.00
Stationery & Printing
12.00
15.00
17.00
17.00
17.00
17.00
17.00
17.00
17.00
17.00
Less Inter- Firm Transaction :

Raw Materials
30.00
35.00
40.00
40.00
40.00
40.00
40.00
40.00
40.00
40.00
Advertisement
30.00
30.00
30.00
30.00
30.00
30.00
30.00
30.00
30.00
30.00
Entertainment
15.00
20.00
25.00
25.00
25.00
25.00
25.00
25.00
25.00
25.00
Audit Fee
30.00
35.00
40.00
40.00
40.00
40.00
40.00
40.00
40.00
40.00
Other Expenses
50.00
748.25
877.18
901.84
926.51
951.17
975.83
1000.50
1025.16
1076.54
200537.14
208141.28
215225.10
222077.65
228879.51
235481.37
242083.24
248685.10
255286.97
268492.75
16711.43
633.68
590.32
571.05
566.82
550.16
550.16
550.16
550.16
1100.48
Total Inter-Firm Transaction (B):
183825.71
207507.60
214634.78
221506.60
228312.69
234931.22
241533.08
248134.95
254736.81
267392.27
Contribution To G. D. P (A-B):
87473.89
97498.92
100237.18
103230.80
106290.15
109537.06
112800.64
116064.21
119327.79
127225.33
Sub-Total :
Adjustment for WIP & FG Inventories:
Page 30
(Amount Tk.in 000)
ANNEXURE - C.XX
BENEFIT-COST RATIO DISCOUNTED AT WACC

Capital
Expenditure
Year
Construction Year
Operating
Expenses
Non-Cash
Expenses
Total Cost
Discounted
Present value Total Benefit
Discounted
Present Value
45200
45200
45200
1st
175782
6615
169167
151826
271300
243489
2nd
217014
6615
210399
169474
305007
245679
3rd
224320
6615
217705
157382
314872
227626
4th
231531
6615
224916
145928
324737
210693
5th
238710
6615
232095
135149
334603
194839
6th
241800
1875
239925
125387
344468
180022
7th
248057
1875
246182
115468
354334
166195
8th
255149
1875
253274
106617
364199
153311
9th
262290
1875
260415
98385
374065
141323
10th
1875
-1875
-636
374065
126836
11th
1875
-1875
-571
374065
113834
12th
1875
-1875
-512
374065
102164
13th
1875
-1875
-460
374065
91692
14th
1875
-1875
-412
374065
82292
15th
1875
-1875
-370
374065
73856
Net Present Value
Benefit Cost Ratio
1247855
Employment Generation
Cost Per Job :
1.89
=
:
26 Person.
1738.46 Thousand
2353851
Page 31
(Amount Tk.in 000)
Page 32
(Amount Tk.in 000)

Annexure-B
PRODUCTION PLAN & RAW MATERIAL REQUIREMENT:

Production Plan:
Type of fabrics
No. of
Machine
Machine Speed
(rpm)
Working Hour
per Day
Attainable Speed
Weft/Inch
(rpm)
Production
(yds/day/mc)
Total
Production
per day (Yards)
Solid Dyed Fabrics

Cotton Gabardine (20x20/108x58/63)
40
1,250
750
58
22
474
18,966
Cotton Poplin (40x40/130x72/63)
35
1,250
750
72
22
382
13,368
Sub-total:
75
32,334
Yarn Dyed Fabrics

Cotton Fil-a-Fil (40x40 / 130x72 /62)
20
1,250
700
72
22
356
7,130
Cotton Check/Stripe (40x40/110x72/62)
20
1,250
700
72
22
356
7,130
Cotton Chambary (40x40 / 130x70 /62)
20
1,250
700
70
22
367
Sub-total:
60
21,593
Total:
135
53,926
7,333
Yarn Requirement (in Kg):

Type of fabrics
Production
(Yards)
Solid Dyed Fabrics
Warp Yarn including Shrinkage Weft Yarn including Shrinkage

& Wastage*
& Wastage*
Ne20
Cotton Gabardine (20x20 / 108x58 /63)
18,966
Cotton Poplin (40x40 / 130x72 /63)
13,368
Sub-total:
32,334
Ne40
Ne20
3,841
Ne40
3,841
Ne20
2,063
1,629
1,629
2,063
Total (in Kg)
Total
Ne40
5,903
5,903
902
2,532
2,532
902
5,903
2,532
8,435
Yarn Dyed Fabrics

Cotton Fil-a-Fil (40x40 / 130x72 /62)
7,130
855
461
1,316
1,316
Cotton Check/Stripe (40x40/110x72/62)
7,130
724
461
1,184
1,184
Cotton Chambary (40x40 / 130x70 /62)
7,333
880
461
1,340
1,340
Sub-total:
Total
21,593
2,458
1,382
3,840
3,840
53,926
3,841
4,087
2,063
2,284
5,903
6,372
12,275
* 10% excess quantity of yarn has been considered for shrinkage & wastage.
Page 33
Reference
Annexure-IV
Annexure-III
Annexure-III
Annexure-III
Annexure-III
Annexure-III
Annexure-III
Annexure-III
Annexure-III
Annexure-III
Annexure-X
Annexure-XIV
Annexure-XV
Annexure-XVI
Annexure-XVI
Annexure-XVII
Annexure-XVII
Annexure-XVIII
(Amount Tk.in 000)
Page 34
0.00
(Amount Tk.in 000)
Page 35
Reference
Annexure-IV
Annexure-V
Annexure-VI
Annexure-VII
Annexure-IX
(Amount Tk.in 000)
Page 36
Reference
Annexure-IV.A
Annexure-V.A
(Amount Tk.in 000)
Page 37
(Amount Tk.in 000)
Page 38
Reference
Annexure-V.A
Annexure-V.B
Annexure-V.C
Annexure-V.C
Annexure-V.C
Annexure-V.C
Annexure-V.C
Annexure-V.C
Annexure-VIII
Annexure-VIII
Annexure-VIII
Annexure-VIII
(Amount Tk.in 000)
Page 39
(Amount Tk.in 000)
Page 40
(Amount Tk.in 000)
Page 41
(Amount Tk.in 000)
Page 42
(Amount Tk.in 000)
Page 43
(Amount Tk.in 000)
Page 44
(Amount Tk.in 000)
Page 45
(Amount Tk.in 000)
Page 46
(Amount Tk.in 000)
Page 47
(Amount Tk.in 000)
Page 48
(Amount Tk.in 000)
Page 49
10th Year
0.00
10784.84
0.00
0.00
56203.07
0.00
1875.00
2696.21
71559.12
10th Year
0.00
0.00
13481.05
0.00
13481.05
58078.07
416456.71
474534.78
(Amount Tk.in 000)
Page 50
(Amount Tk.in 000)
Page 51
(Amount Tk.in 000)
Page 52
10th Year
28.62
71.38
10.38%
(Amount Tk.in 000)
Page 53
(Amount Tk.in 000)
Page 54
(Amount Tk.in 000)
Page 55
NPV
40%
(Amount Tk.in 000)
Page 56
(Amount Tk.in 000)
Page 57
(Amount Tk.in 000)
Page 58
(Amount Tk.in 000)
Page 59
(Amount Tk.in 000)
Page 60
Reference
Annexure-XX
Annexure-XXI
(Amount Tk.in 000)
Page 61
(Amount Tk.in 000)
Page 62
(Amount Tk.in 000)
Page 63
(Amount Tk.in 000)
Page 64
(Amount Tk.in 000)
Page 65
(Amount Tk.in 000)
Page 66
(Amount Tk.in 000)
Page 67
(Amount Tk.in 000)
Page 68
(Amount Tk.in 000)
Page 69
(Amount Tk.in 000)
Page 70
(Amount Tk.in 000)
Page 71
(Amount Tk.in 000)
Page 72
(Amount Tk.in 000)
Page 73
(Amount Tk.in 000)
Page 74
(Amount Tk.in 000)
Page 75
(Amount Tk.in 000)
Page 76
(Amount Tk.in 000)
Page 77
(Amount Tk.in 000)
Page 78
27940.00
10826.75
38766.75
1384.5267857143
(Amount Tk.in 000)
Page 79
(Amount Tk.in 000)
Page 80
(Amount Tk.in 000)
Page 81
(Amount Tk.in 000)
Page 82
(Amount Tk.in 000)

ANNEXURE - XII
PROJECTED BALANCE SHEET

Assets
Free Cash
Restricted Cash
Cash Balance
Raw & Packing Materials
Work in Process
Finished Goods
Receivable
Store & Spares
Other Current Assets
Current Assets
Fixed Assets
Total Assets
5 Year
Taka
208174.35
0.00
0.00
12125.00
Taka
309556.89
0
309556.89
118389.60
0.00
41538.80
83077.59
100.00
0.00
552662.88
0.00
8375.00
452164.60
100.00%
100.00%
561037.88
208174.35
111812.40
0.00
39984.28
79968.57
100.00
0.00
440039.60
5 Year
Taka
Equity
Paid Up Capital
Equity from IPO
Increment in Equity Participation
Tax Holiday Reserve
Retained Earnings
Total Equity
Total Liability & Equity
7 Year
%
51.13%
0.00%
51.13%
22.81%
0.00%
8.00%
16.00%
0.02%
0.00%
97.97%
0.00%
2.03%
Liabilities
Long Term Loan
Bridge Financing
Working Capital Loan
Total Liabilities
6 Year
%
Taka
46.04% 257967.62
0.00%
0.00
46.04%
257967.62
24.73%
115101.00
0.00%
0.00
8.84%
40363.11
17.69%
80726.23
0.02%
100.00
0.00%
0.00
97.32%
494257.97
0.00%
0.00
2.68%
10250.00
504507.97
6 Year
8 Year
9 Year
10 Year
%
Taka
%
Taka
%
Taka
%
55.18% 362397.87
58.56% 416456.71
61.43% 474534.78
63.48%
0.00%
0
0.00%
0
0.00%
0
0.00%
55.18%
362397.87 58.56% 416456.71 61.43% 474534.78 63.48%
21.10%
121678.20 19.66% 124966.80 18.43% 131544.00 17.60%
0.00%
0.00
0.00%
0.00
0.00%
0.00
0.00%
7.40%
42722.02
6.90%
43913.53
6.48%
46214.81
6.18%
14.81%
85444.03 13.81%
87827.05 12.96%
92429.62 12.36%
0.02%
100.00
0.02%
100.00
0.01%
100.00
0.01%
0.00%
0.00
0.00%
0.00
0.00%
0.00
0.00%
98.51%
612342.12 98.95% 673264.09 99.32% 744823.21 99.63%
0.00%
0.00
0.00%
0.00
0.00%
0.00
0.00%
1.49%
6500.00
1.05%
4625.00
0.68%
2750.00
0.37%
100.00%
618842.12
7 Year
0.00
Taka
0.00
%
0.00%
Taka
0.00
%
Taka
0.00%
183221.20
183221.20
40.52%
0.41
46690.32
46690.32
12.81%
0.13
192213.79
192213.79
Taka
17260.00
0.00
45805.30
0.00
%
3.82%
0.00%
10.13%
0.00%
Taka
17260.00
0.00
46690.32
0.00
%
4.74%
0.00%
12.81%
0.00%
Taka
17260.00
0.00
48053.45
0.00
%
Taka
3.08%
17260.00
0.00%
0.00
8.57%
49421.10
0.00%
0.00
205878.10
45.53%
253796.37
69.64%
303510.64
54.10%
268943.40
59.48%
317746.69
87.19%
368824.09
65.74%
452164.60
100.00%
364437.01
100.00%
561037.88
100.00%
Page - 24
677889.09
8 Year
%
0.00%
34.26%
0.34
100.00%
100.00%
747573.21
9 Year
Taka
100.00%
10 Year
Taka
0.00
0.00%
0.00
0.00%
0.00
0.00%
197684.40
197684.40
31.94%
0.32
203174.91
203174.91
29.97%
0.30
213959.75
213959.75
28.62%
0.29
%
Taka
2.79%
17260.00
0.00%
0.00
7.99%
50793.73
0.00%
0.00
%
Taka
2.55%
17260.00
0.00%
0.00
7.49%
53489.94
0.00%
0.00
%
2.31%
0.00%
7.16%
0.00%
354476.62
57.28%
406660.46
59.99%
462863.53
61.92%
421157.72
68.06%
474714.19
70.03%
533613.47
71.38%
618842.12
100.00%
677889.09
100.00%
747573.21
100.00%
Page 83
(Amount Tk.in 000)

ANNEXURE - XIII
EXPECTED KEY RATIOS

5 Year
6 Year
7 Year
8 Year
9 Year
10 Year
DEBT ( % )
40.52
12.81
34.26
31.94
29.97
28.62
EQUITY ( % )
59.48
87.19
65.74
68.06
70.03
71.38
Current Ratio
2.33
9.45
2.88
3.10
3.31
3.48
Quick Ratio
1.53
6.48
2.04
2.27
2.48
2.65
Liquidity Ratio
1.10
4.93
1.61
1.83
2.05
2.22
Asset Ratio
2.47
10.81
2.92
3.13
3.34
3.49
0.19
0.18
0.16
0.14
0.12
0.12
Working Capital to Total Assets(X1)
0.41
0.37
0.34
0.32
0.30
0.29
Retained Earnings to Total Assets(X2)
0.10
0.09
0.09
0.08
0.08
0.08
EBIT to Total Assets(X3)
0.21
0.20
0.19
0.18
0.16
0.16
Equity to Total Liabilities(X4)
1.47
6.81
1.92
2.13
2.34
2.49
Sales to Total Assets(X5)
0.74
0.68
0.63
0.59
0.55
0.53
Y-SCORE
5 Year
6 Year
7 Year
8 Year
9 Year
10 Year
Current Ratio
4.00
4.00
4.00
4.00
4.00
4.00
Quick Ratio
4.00
4.00
4.00
4.00
4.00
4.00
Liquidity Ratio
4.00
4.00
4.00
4.00
4.00
4.00
Asset Ratio
3.00
4.00
4.00
4.00
4.00
4.00
4.00
4.00
4.00
4.00
4.00
4.00
19.00
20.00
20.00
20.00
20.00
20.00
Total :
Z-SCORE
Z = 0.012 X1 + 0.014 X2 + 0.033 X3 + 0.006 X4 +0.999 X5

5 Year
Z-Score
2.25
6 Year
5.35
7 Year
2.32
8 Year
2.37
Page -
9 Year
2.43
10 Year
2.48
Page 84
(Amount Tk.in 000)
Page 85
(Amount Tk.in 000)
Page 86
(Amount Tk.in 000)
Page 87
NPV
(Amount Tk.in 000)
5%
10%
15%
20%
25%
30%
40%
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
Page 88
Modified Internal Rate of Return :
2.43%
(This considered the net cash inflow, rate of interest & re-investment rate, but does not considered the debt-equity ratio of the operating years & corporate Tax)
(Amount Tk.in 000)
Page 89
(Amount Tk.in 000)
Page 90
Total Cost
Fixed Cost
Variable Cost
(Amount Tk.in 000)
Sales
0%
11529.98
11529.98
0.00
0.00
10%
43675.05
11529.98
32145.07
45216.60
20%
75820.13
11529.98
64290.14
90433.20
30%
107965.20
11529.98
96435.21
135649.80
40%
140110.27
11529.98
128580.28
180866.40
50%
172255.34
11529.98
160725.35
226083.00
60%
204400.41
11529.98
192870.43
271299.60
70%
236545.48
11529.98
225015.50
316516.20
80%
268690.55
11529.98
257160.57
361732.80
Page 91
(Amount Tk.in 000)
Page 92
(Amount Tk.in 000)
Page 93
(Amount Tk.in 000)
Page 94
(Amount Tk.in 000)
Page 95
(Amount Tk.in 000)
Page 96
(Amount Tk.in 000)
SAMIT YARN DYEING LTD.

Annexure - A
ESTIMATED COST OF THE PROJECT:

Sl.
No.
Item
Foreign
Currency
Cost in Eqvt.
'000' taka
Local Currency Cost

(in '000' Taka)
Total Cost
(in '000' Taka)
1 LAND AND LAND DEVELOPMENT

1.a
Land (499-decimal)
0.00
17465
17465
1.b
Land Development
0.00
0.00
17465
17465
Sub-Total :
2 BUILDING AND OTHER CIVIL CONSTRUCTION
2.a
Factory Building (119,000 sft)
0.00
71400
71400
2.b
Raw Material & Finished Goods Godwon (12,000 sft)
0.00
5400
5400
2.c
Laboratory, Office & Store, Boiler House, Sub-station Room
0.00
9765
9765
2.d
Dormitory Building for Officers (4,500sft)
0.00
2025
2025
2.e
Dormitory Building for Supervisors (2,000sft)
0.00
800
800
2.d
Water Tank
0.00
3200
3200
2.e
Effeluent Treatment Plant
0.00
4000
4000
0.00
96590
96590
396635
396635
(4,500 sft + 4,000 sft + 2,800 sft + 6,000 sft + 450 sft)
Sub-Total :
3 IMPORTED MACHINERY AND EQUIPMENTS
3.a
CFR Value of Machinery and Equipment
3.c
Pre-shipment Inspection(1%)
3966
3966
3.d
Marine Insurance (1%)
3966
3966
3.e
C & F and Inland freight (2%)
7933
7933
3.f
L/C Commission & Bank Charge (1%)
3966
3966
3.g
Duty & Development Surcharge(0%)
396635
19832
416467
Sub-Total :
4 LOCAL MACHINERY AND EQUIPMENTS
4.a
Sub-station Equipment and Elctric Cables & Others
0.00
4000
4000
4.b
Pipe & Fittings for Compressed Air, Water, Steam & Gas Line
0.00
3000
3000
4.c
Testing Equipment (Water Heater, PH Meter, etc.)
0.00
300
300
4.d
Weighing Scales (5-sets of different types)
0.00
600
600
4.e
Deep-tube-well with Pump & Motors
0.00
800
800
4.f
Others (Fire fighting equipment, Chimney, Flow meter, etc.)
0.00
2500
2500
0.00
11200
11200
Sub-Total :
5 ERECTION AND INSTALLATION
5.a
Mechanical & Electrical (2.50% of Machinery Cost)
0.00
10412
10412
5.b
Civil
0.00
500
500
0.00
10912
10912
Sub-Total :
(Annexure - A Contd)
Sl. No. Item
Foreign
Currency
Cost in Eqvt.
'000' taka
Local Currency Cost

(In '000' Taka)
Total Cost
(In '000' Taka)
6 SECURITY DEPOSIT
6.a
Electricity
0.00
750
750
6.b
Telephone
0.00
100
100
6.c
Gas & others
0.00
3500
3500
Sub-Total :
0.00
4350
4350
7 FURNITURE , FIXTURE AND OFFICE EQUIPMENTS

7.a
Office Furniture & Fixture
0.00
1500
1500
7.b
Office Equipment
0.00
500
500
Sub-Total :
0.00
2000
2000
8 VEHICLES
7.a
Car / Micro Bus (1)
0.00
600
600
7.b
Covered Van / Pick-up (1 No.)
0.00
1200
1200
Sub - Total :
0.00
1800
1800
9 PRE - OPERATING EXPENSES
8.a
Promotional & Legal
0.00
100
100
8.b
Survey, Plan & Drawings
0.00
8.c
Bank's E & TA Fees
0.00
25
25
8.d
Feasibility Report
0.00
8.e
Training of Technical Persons
0.00
8.f
Other Expenses including Trail Run
0.00
2500
2500
Sub-Total :
0.00
2625
2625
19832
992
20823
416467
167765
584231
10 Contingency (5% on machinery cost)
GRAND TOTAL :

Annexure - A.1
ESTIMATED COST OF CIVIL CONSTRUCTION
Sl.No. Description
Total Area
(in sft/rft)
Cost per Sft / Rft
Total Cost
Factory Building
1
(60mtr x 215mtr + 123mtr x 60mtr + 50mtr x 50mtr + 30mtr x 12mtr)
248986.40
625.00
155616.50
1126.80
1800.00
2028.24
5164.80
550.00
2840.64
3228.00
550.00
1775.40
7263.00
550.00
3994.65
29590.00
550.00
16274.50
6025.60
550.00
3314.08
1049.10
350.00
367.19
24.21
450.00
10.89
1936.80
450.00
871.56
3012.80
600.00
1807.68
451.92
600.00
271.15
5143.28
650.00
3343.13
7747.20
650.00
5035.68
10329.60
650.00
6714.24
(2 Nos. Size - 5mtr x 24mtr x 4-storied)
10329.60
600.00
6197.76
17 Machinery Foundation & others
LS
2
3
4
5
6
7
(Pre-fabricated Stell Structure with Civil Works)
Ducting for Humidification of Weaving Scetion

(Area - 78 mtr x 60 mtr and ducting - 360 rm=1126.80 rft)
Lab & Office

(majnine floor within the factory building 30mtr x 6mtr + 30mtr x 12mtr)
A/C Plant & Ancillary Building

(majnine floor within the factory building 30 mtr x 10 mtr)
Yarn Godwon (15 mtr x 45 mtr)

RCC Frame structure, 10" brick wall, RCC roofing
Grey Fabrics & Finished Goods Godwon

(55mtr x 50mtr) RCC Frame structure, 10" brick wall, RCC roofing
Generator, Sub-station & Boiler House(14mtr x 40mtr)

RCC Frame structure, 10" brick wall, RCC roofing
8 Semi Pacca Workshop Building (6.5mtr x 15mtr)

9 Guard Room (1.5mtr x 1.5mtr)
10 Semi Pacca Security Staff Quarter (30mtr x 6mtr)
11
Workers Canteen & Medical Center

(14mtr x 10mtr, 2-storied)
12 Security Cum Time Office (7mtr x 6mtr)

13
14
15
16
18
Administrative Building
(10mtr x 20mtr, 2-storied + 6mtr x 6.5mtr)
Officers Dormitory
(7.5mtr x 24 mtr, 4-storied)
Officers Family Quarter

(10mtr x 24 mtr, 4-storied)
Workers Shed
Boundary Wall with Gate

(830 rm=2597.90 sft; RRC Piller, Brick Wall, 7' height)
2597.90
2500.00
650.00
1688.64
19 Civil Works for Effluent Treatment Plant
LS
5000.00
20 Under Ground Water Tank
LS
300.00
18 Internal Road, Drainage System, etc.
LS
2000.00
340282.31
221951.93
Total :
LIST OF IMPORTED MACHINERIES

Sl.No. Description
Quantity
Value
Eqvt. in '000'
Taka
Spinning Section (2nd Hand)

1 Bale Plucker B12/E (MARZOLI, Itali)
2 Blender B142 (MARZOLI, Itali)
3 Opener B34 (MARZOLI, Itali)
4 Stock Fan B151 (MARZOLI, Itali)
5 Flat Cards B136 (MARZOLI, Itali)
6 Flat Cards B 41 (MARZOLI, Itali)
7 Cards DK 803 (TRUEZSCHLER, Germany)
8 Draw Frame SH2 D/E 6-ends (VOUK, Itali)
9 Draw Frame SH2 DCC/E 8-ends (VOUK, Itali)
10 Rotor Frame SE-8 (SCHLAFHORST, Germany)
11 Centralized Waste System (EMMAI IMPIANTI)
Sub-Total:
EURO 400,000.00
30000.00
EURO 40,000.00
3000.00
EURO 75,000.00
5625.00
14 Centrifugal Extractor (MINETTI)
EURO 15,000.00
1125.00
15 Office Mecc. Grassi Amadeo Guillotine Cutter
EURO 7,500.00
562.50
12 Laboratory Equipments
13 Jute Mixxing
Rotopick (RIETER, Switzerland)
Opening Hoppers B10/1 (RIETER, Switzerland)
Flockfeeder A7/1 (RIETER, Switzerland)
Cards C 1/3 (RIETER, Switzerland)
Pneumatic Chutes (MARZOLI, Itali)
Drawframes 720/2 (ZINSER)
Sub-Total:

16 Mixing Picker (VOC)
EURO 15,000.00
1125.00
Total:
B
41437.50
Indigo Dyeing Section

1 Warping CMP - 206 (SCHLAFHORST)
1 US$ 60,000.00
2 Indigo Sizing (SUCKER)
Indigo Dyeing Range 1800 mm (MENZEL)
3570.00
1 US$ 522,500.00
31088.75
3 Sanforizer (MORRISON)
1 US$ 105,000.00
6247.50
4 Flock Dyeing Machine
1 US$ 37,500.00
2231.25
Total:
C
43137.50
Weaving Section
1 Direct Warper (RAMALLUMIN)
Parallel Creel (RAMALLUMIN)

2 Automatic Winder GKU-X (SCHLAFHORST)
3 Loom 130" / 153" (SULZER or VAMATEX)
1 EURO 30,000.00
2250.00
1 EURO 15,000.00
1125.00
28 EURO 330,000.00
24750.00
Total:
D
28125.00
Dyeing-Finsing Section
1 Semi-Jumbo Jiggers VH 1050 (VALD HENRIKSEN)
1 EURO 30,000.00
2250.00
2 Double Face Sinzing
1 EURO 45,000.00
3375.00
3 Artos Pad-roll
1 EURO 45,000.00
3375.00
4 Open Width Washing Range (ARTOS or MONFORTS)
1 EURO 90,000.00
6750.00
5 Surface Batcher (MENZEL)
1 EURO 3,000.00
225.00
6 Services
Compressor GA-30 (ATLAS COPCO)
Air Dryer (3000 ltr/min)
1 EURO 12,000.00
900.00
2 EURO 7,500.00
562.50
7 Inspection Frames (MENZEL)

Total:
E
17437.50
Auxilary Machinery (Brand New)

1 Gas Fired Boiler 7 Ton/Hour (LOOS, Germany)
1 EURO 115,000.00
2 Gas Generator 1030 KW (CATERPILLAR, USA)
2 US$ 590,000.00
8625.00
35105.00
Total:
43730.00
Grand Total:
173867.50
LIST OF LOCAL MACHINERY TO BE PROCURED

Sl.No. Description
Total
(in '000')
Rate (Taka)
1 Workshop Equipment
1000
2 Material Handling Equipment
200
3 Weighing Scale (500kg-2, 100Kg-2, 50kg-1)
560
4 Sub-distributin Board
400000
#REF!
#REF!
6 Deep-tube-well with Pump & Motor
500000
#REF!
7 Self-closing double-fire proof doors
140000
#REF!
5 Paper Cone

8 Humidification overhead Ducting & Installation Plant
3500
9 Chillar Installation including pipes & valves
2500
10 LT Switch Gear,PFI Plant & Eartyhing with Distribution Board
300000
600
11 Water Softener
500000
500
Piping, Pump, Gate Valve, Exhaust Fan, Electric

12 Panel, etc. For Gas Generators
2000
13 Cables for wiring of Machinery
3000
14 Hand Tools for Errection
250
#REF!
Building & Other Civil Works:
Previous
Final
Knitting (6,000 sft)
3900 Knitting & Garments (8,500 sft x 6)
Dyeing & Finishing Shed (15,400 sft.)
6930 Dyeing & Finishing Shed (14,200 sft.)
38076
4208
Others (1,365 sft.)
546 Godown for Finished Goods & Raw Materia
3606
Boundary Wall & Internal Road
679 Others (1,365 sft.)
1710
Total:
12055 Total:
47600
257379.20 159420.14
28406.40
202200
177437.5
In-put
INPUT DATA FOR FINANCIAL ASPECT OF THE PROJECT

01. Fixed Cost of the project
Land
Building & Other Civil works
Machinery & Equipment's
OtherAsset
Existing
New
Other Cost
Total
Total
0.00
0.00
02. Means of Finance
1500.00
20000.00
18100.00
5600.00
0.00
1500.00
20000.00
18100.00
5600.00
45200.00
45200.00
Amount
Term Loan
Bridge Financing
Client
Margin against Working Capital

L/C margin during Importation of RM
03. Capacity Utilization (1st, 2nd & 3rd Year)
60%
04. Period of Production
Hours/Day
Days/Year
2 Shift of 8 hours
16
04. Sales Revenue
Quty (in pcs/ltr/Ton)
Milk
%
27940
17260
20%
Against Machinery
Amount
%
61.81%
16000
80%
0%
38.19%
4000
20%
62%
64%
360
Unit price(intaka)
Total (in '000')
5760000
52
299520.00 =
Matha
720000
80
57600.00
Dai
360000
120
43200.00
Cream
720000
250
180000.00
0.00
0.00
0.00
0.00
0.00
Page 109
66%
68%
70%
72%
74%
In-put
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Sales Revenue
580320.00
05.Raw Materials Requirement
Item
Quantity ( in
No./Kg)
C&F Value
Other Import
Related Cost
VAT
Landed Cost
per Unit
(in Taka)
Total
Other Costs
Total C & F
Value of RM Total (in '000')
0
0
0
0
0
Page 110
In-put
Milk
7,830,000
42
328860
0
0
0
328860
06. Tideup Period
Current Assets
T.up Pr.
(days)
C. Assets
T.up Pr.
(days)
0 Work In Process
0 Finished goods
Receivable
90 Store & Spares

0
30
60
90
07. Operation &Admn.Staff

Position
No(s)
Salary/ Month
Manager
Accountant
Store Keeper
Security
Labor
Driver
20,000
240
15,000
180
10,000
120
6000
360
5000
15000
900
540
15
3
Page 111
In-put
08. Administrative Salary

Position
No(s)
0
0
Monthly Salary
0
0
0
0
Page 112
In-put
09 Period of Investment (year)

Term Loan
10. Gestation Period
11. Rate of Return
Rate of Re-investment
12. Store & Spares
14. Rent, Tax & Insurance
Insurance for Inventory
5
1
15.50%
10.50%
0.50%
0.50%
0.5%
Bridge Finan
Years
Bridge Finan
35%
0.75%
1.00%
0.75%
1.00%
of Total fixed Cost & 0.5% of Inventory
Corporate Tax
1050
Put the Amount given above
15. Power
Load (kW)
Working hr.
45
1200
W. days/ yr.
16
1400
Rate
360
7
600
120
Fuel for Vehicles
Gas
Water
16. Repair & Maintenance for building
17. Factory Rent (Land)
0.50%
0
1600
Depreciation
0
18. Other Manufacturing Overhead
Page 113
5%
1800
In-put
19. Income from sales of waste Raw Material

Total quantity of waste raw material
0
Item
Quantity (Ton)
Rate
Usable
Unusable
0
Total Salable Waste
20. Income from other sources
Item
Short Term Investment
Other
Total
21. General & Selling Expenses
Postage, Telephone, Telegram etc.
Entertainment
Audit Fee
Selling Expenses(Carrying Charge)
Office Rent
Misc. Expense
19. Recovery of capital
Item
Land
Building
Machinery
Inventory
Other Assets
IRR Discounting
VAT
Finished Product
Raw Material
1st Year
Total
0
0
0 75% of Total Wastage
0
0
2nd Year
3rd Year
0
0
0
0
0
0
0
0
0
300
50
12
30
30
15
30
10800.00
400
60
15
35
30
20
35
101200.00
500
70
17
40
30
25
40
101400.00
50
70
90
Rate of recovery
100%
50%
10%
75%
0%
5%
0.25%
0
Life
20
10 (10 or 15)
10%
15%
15%
0%
Page 114
20%
25%
30%
40%
In-put
DIVIDEND
Rent of Factory Building
0%
Area
Rent
Acres
000' Taka/Acers
Page 115
In-put
76%
80%
Page 116
In-put
Requirement of Chemical per Yard (as per Client's feasibility Study):

Dyes & Chemicals
Sizeing Materials
Total:
0
Production (Yards)
Per yard cost:
Page 117
In-put
328860
1096.2
Total Yarn Production

Yarn Requirement
Yarn Purchase
Page 118
In-put
Page 119
In-put
Page 120
In-put
Page 121
In-put
Page 122
Machine
Machinery and Equipments to be Imported:

Sl.No.
A.
A.1
A.2
A.3
A.4
B.
B.1
B.2
B.3
B.4
B.5
B.6
B.7
B.8
C.
D.
D.1
D.2
D.3
D.4
D.5
E.
Particulars of Machinery
Machinery to be Imported
Soft Winder, Reminders and Aquasplicers
Soft Winders (... Heads)
RT Winders (... Heads)
Blower Cleaner (125~160 Drum)
Dust Collector
Sub-total:
Yarn Dyeing Section
Cone Dyeing Machine
1800~2300 Lbs
1000~1500 Lbs
600~800 Lbs
300~400 Lbs
80~120 Lbs
Sample Cone Dyeing Machine
50 Lbs
5~10 Lbs
1~5 Lbs
Dryer
1500~2000 Lbs
1200 Lbs
Cone Dumping M/C (1800~2300 Lbs)
Laboratory Apparatus
CCM
Water Bath Shaker
Day Light (Spectra Light)
Vacuum Drying Oven
Compact Balance
Gantry
5 Ton
3 Ton
Compressor (75HP)
Piping Kit
Machinery Parts
Sub-total:
Gas Generator (900 KW, 1000 rpm)
Total (A+B+C):
Machinery Already Imported:
L/C No. 120303020121, 30.01.2004, SIBL
Hank Dyeing Machine (30-spindle)
Hydro-Extractor
Boiler (5-Ton)
Compressor
Acessories/ Spare Parts
Sub-total:
L/C No. 120303020123, 14.02.2004, SIBL
Brand
Model
Origin
China/Korea
WAUKESHA VHP5904GSID
Page 123
Machine
E.1
E.2
E.3
E.4
E.5
E.6
E.7
E.8
E.9
E.10
E.11
E.12
E.13
F.
G.
H.
I.

Hydro-Extractor
Drying Machine (8-Chambers)
Packing Machine
Cabinet Hank Dyeing Machine
600~730 Lbs
400~500 Lbs
200~300 Lbs
100~150 Lbs
60 Lbs
10~20 Lbs
5 Lbs
Yarn Steam Bulk Machine
Up-Down Clothing Dyeing (100 Pcs)
Up-Down Clothing Dyeing (400 Pcs)
Finished Clothing Dyeing (2-5-8 Kgs)
Finished Clothing Dyeing (250 Kgs)
Washing Machine
Drying Machine (100 Kgs)
Hydro-Extractor (120 Kgs)
Sub-total:
Total (D+E):
Water Treatment Plant
Effluent Treatment System
Trolly (Squire & Round)
SS Water Pipe & Boiler Pipe
Grand Total:
Conversion Rate
Eqvt. Taka (in '000'):
Page 124
Machine
ANNEXURE - A.II
Quantity
US$
10
10
10
2
660,050.70
660,050.70
40,850.00
4,086.00
1,365,037.40
4
5
1
2
2
472,741.88
480,216.30
78,753.52
104,515.28
80,861.12
1
1
2
27,534.05
15,706.97
28,038.04
1
3
1
188,694.24
504,096.00
48,398.20
1
1
1
1
1
41,214.12
7,779.00
1,472.00
2,943.00
1,072.00
1
1
2
1
61,401.99
38,468.47
63,754.26
132,737.27
87,220.99
2,467,618.70
610,400.00
4,443,056.10
4
2
2
2
292,864.00
87,096.60
138,000.00
18,000.00
35,000.00
570,960.60
1-Lot
1-Lot
Page 125
Machine
30+40
500+500 mt.
2
2
1
1
2
2
117,921.60
98,268.00
34,361.00
43,548.30
244,818.00
21,502.00
1
1
1
1
1
1
1
2
1
1
1
1
1
1
8
4
2
65,512.60
56,930.00
52,620.00
42,650.00
23,386.00
11,500.00
9,800.00
24,000.00
12,804.00
31,096.00
8,048.00
43,900.00
41,464.00
31,708.00
60,000.00
19,024.20
6,704.00
1,101,565.70
1,672,526.30
1
1
45,000.00
260,000.00
140,000.00
50,000.00
6,610,582.40
60.00
396,634.94
Page 126
Sheet7
6115.4
2293.27
4586.54
5350.96
6115.4
7644.23
7644.23
91.73
3057.7
3057.7
3057.7
7644.23
7644.23
2293.27
3057.7
3057.7
2293.7
7644.23
6115.4
6115.4
382.21
7644.23
3057.7
7644.23
68798.07
22932.69
18346.15
1284231
76442.3
305.77
7644.23
15288.46
7644.23
15288.46
764.42
7644.23
15288.46
229327
6421154
8304708
Page 127
Sheet9
04. Sales Revenue

Capacity (In Rate
M.T)
(in Taka)
M.S.Ingot
43,200
Total (in '000')
32000 1382400.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total
0.00
1382400.00
Page 128

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Page 1

(Amount Tk.in 000)

ESTIMATED FINANCIAL RESULTS

Net Profit before Tax

Net Profit after Tax

Gross Profit to Sales

Operating Profit to Sales

Net Profit to Sales (before Tax)

Net Profit to Sales (after Tax)

Financial Internal Rate Of Return (FIRR)

Modified Internal Rate Of Return (MIRR)

Net Present Value (NPV)

Investment-Service Coverage Ratio

Break Even Sales

(Amount Tk.in 000)

CAPITAL REQUIREMENT & PROPOSED MEANS OF FINANCE

Building & Other Construction

Machinery & Equipment's

Against Total Cost of Machinery & Equipment

(Amount Tk.in 000)

Cost Of Goods Sold

Net Profit before Tax

Income Tax (@35%)

Admin. & General Expenses

Net Profit after Tax

Gross Profit to Sales

Operating Profit to Sales

Net Profit to Sales (before Tax)

Net Profit to Sales (after Tax)

(Amount Tk.in 000)

ESTIMATED SALES REVENUE

Add. Opening Stock Of WIP

Less. Closing Stock Of WIP

Less: Closing Stock Of FG

Total Estimated Sales :

15% on Estimated Sales

Less adjustment with RM

Net VAT payable

(Amount Tk.in 000)

Yearly Production at 100% Capacity

Total (in '000')

Total Sales Revenue

(Amount Tk.in 000)

COST OF GOODS SOLD

Salaries & Wages for Factory Stuff

Stores & Spares

Repair & Maintenance

Rent of Factory Land/Building

Other Manufacturing Overhead

Less: Closing Stock Of WIP

Total Cost Of Goods Sold

Tax & Insurance

Add: O.S Of FinishedGoods

(Amount Tk.in 000)

(In '000' Taka)

(In '000' Taka)

(In '000' Taka)

Total Raw Material

Total (Imported + Local):

(Amount Tk.in 000)

(Amount Tk.in 000)

Fuel & Lubricant

STORE AND SPARES :