PROPOSAL FOR PAPER BOARD MANUFACTURING | FEASIBILITY STUDY AND BUSINESS PLAN

Projected Cash-flow Statement
SOURCES
1
2
3
4
5
6
7
8
9
10
FROM OPERATION
Profit Before Tax
31,400,167
34,746,415
48,990,587
56,438,620
74,195,036
94,979,485 118,320,283 131,986,457 161,313,133 178,993,657
Add: Depreciation
6,678,500
5,967,550
5,345,270
4,798,185
4,315,338
3,887,732
3,528,609
3,184,139
2,877,841
2,604,704
Amortization
207,000
207,000
207,000
207,000
207,000 –
–
–
–
–
6,885,500
6,174,550
5,552,270
5,005,185
4,522,338
3,887,732
3,528,609
3,184,139
2,877,841
2,604,704
38,285,667
40,920,965
54,542,857
61,443,805
78,717,374
98,867,217 121,848,892 135,170,595 164,190,974 181,598,361
APPLICATION
Capital Expenditure
–
–
–
–
–
–
–
–
–
–
Repayments of Loan
2,322,895
4,645,789
4,645,789
4,645,789
4,645,789
4,645,789
4,645,789
4,645,789
4,645,789
4,645,789
Tax Payment
1,201,958
13,006,180
17,913,841
20,450,298
26,601,406
33,818,388
41,876,156
46,616,794
56,842,915
62,996,681
Dividend Paid

3,524,853.19 17,651,969.64 22,559,630.02 25,096,087.30
31,247,196
38,464,178
46,521,945
51,262,584
61,488,705
67,642,471
Surplus / (Deficit)
34,760,814
23,268,995
31,983,227
36,347,718
47,470,178
60,403,040
75,326,946
83,908,011 102,702,270 113,955,891
Increase/(Decrease) In
17,841,176
1,431,039
3,888,730
2,116,674
4,944,462
5,713,345
6,561,418
4,045,439
8,289,381
5,276,864
Working Capital
Net
16,919,638
21,837,956
28,094,497
34,231,044
42,525,716
54,689,695
68,765,528
79,862,573
94,412,889 108,679,027
Increase/(Decrease)
Opening Bank
3,000,000
19,919,638
41,757,594
69,852,091 104,083,135 146,608,851 201,298,546 270,064,074 349,926,646 444,339,535
Balances
Closing Cash Balance
19,919,638
41,757,594
69,852,091
104,083,135 146,608,851 201,298,546 270,064,074 349,926,646 444,339,535 553,018,562
WORKING CAPITAL
17,841,176
19,272,214
23,160,944
25,277,618
30,222,080
35,935,425
42,496,844
46,542,283
54,831,664
60,108,527
Increase (decrease)
17,841,176
1,431,039
3,888,730
2,116,674
4,944,462
5,713,345
6,561,418
4,045,439
8,289,381
5,276,864