Project for setting up Patchouli crop
CASH FLOW STATEMENT
						(Rs In Thousands)
PARTICULARS		Year 0	Year I	Year II	Year III
SOURCES OF FUNDS
INCREASE IN FARMER'S SHARE		110.00	-	-	-
NET PROFIT		-	23.64	34.26	35.70
INCREASE IN SUBSIDY		44.00	-	-	-
DEPRECIATION			19.30	19.30	19.30
PRELIMINARY EXP.W/O			-	-	-
INCREASE IN  TERM LOAN		66.00	-	-	-
INCREASE IN WC		-	-	-	-
	TOTAL	220.00	42.94	53.56	55.00
DEPLOYMENT
INCREASE IN FIXED ASSETS		220.00	-	-	-
PRELIMINARY EXPENSES		-	-	-	-
DECREASE IN TERM LOAN		-	6.00	12.00	12.00
INCREASE IN CURRENT ASSETS		-	-	-	-
INTEREST PAYMENT			-	-	-
TAXES			-	-	-
DIVIDEND			-	-	-
TOTAL		220.00	6.00	12.01	12.01
OPENING BALANCE			-	36.94	78.48
SURPLUS/DEFICIT		-	36.94	41.55	42.99
CLOSING BALANCE		-	36.94	78.48	121.47
Project for setting up Patchouli crop						(Rs In Thousands)
PROJECTED BALANCE SHEET
PARTICULARS		Year 0	Year I	Year II	Year III
LIABILITIES
FARMER'S SHARE		110.0	110.0	110.0	110.0
CAPITAL SUBSIDY		44.0	44.0	44.0	44.0
RESERVES & SURPLUSES		-	23.6	57.9	93.6
TERM LOAN		66.0	60.0	48.0	36.0
WC		-	-	-	-
TOTAL		220.0	237.6	259.9	283.6
ASSETS
FIXED ASSETS		220.0	220.0	200.7	181.4
LESS DEPRECIATION			19.3	19.3	19.3
NET BLOCK		220.0	200.7	181.4	162.1
CURRENT ASSETS		-	-	-	-
PRELIMINARY EXP.NOT W/O		-	-	-	-
CASH & BANK BALANCE
			36.9	78.5	121.5
TOTAL		220.0	237.6	259.9	283.6
		-	0.0	-	(0.0)
Project for setting up Patchouli crop
PROJECTED PROFIT AND LOSS ACCOUNT						(Rs In Thousands)
		Year I	Year II	Year III
SALES REALISATION		72.0	84.4	84.4
TOTAL COSTS		21.1	24.0	24.0
GROSS PROFIT		50.9	60.4	60.4
DEPRECIATION		19.3	19.3	19.3
INTEREST ON TERM LOAN		7.9	6.8	5.4
PROFIT BEFORE TAX		23.6	34.3	35.7
TAXES		-	-	-
PROFIT AFTER TAX		23.6	34.3	35.7
DIVIDEND		-	-	-
RETAINED PROFIT		23.6	34.3	35.7
NET CASH ACCRUALS		42.9	53.6	55.0
PROFIT & LOSS ACCOUNT
OPENING BALANCE		0.0	23.6	57.9
CLOSING BALANCE		23.6	57.9	93.6
Project for setting up Patchouli crop
DISCOUNTED CASHFLOW STATEMENT					(Rs In Thousands)
PARTICULARS		Year I	Year II	Year III	Year IV	Year V	Year VI	Year VII	Year VIII	Year IX	Year X	TOTAL
CAPITAL COST		220.0		-	33.4			-	33.4
GROSS REVENUE		72.0	84.4	84.4	72.0	84.4	84.4	72.0	84.4	84.4	72.0
PROD & OTHER COSTS		21.1	24.0	24.0	21.1	24.0	24.0	21.1	24.0	24.0	21.1
Salvage Value											27.0
GROSS SURPLUS		-169.1	60.4	60.4	17.5	60.4	60.40	50.9	27.0	60.4	77.8
DF @ 15%		0.870	0.756	0.658	0.572	0.497	0.432	0.4	0.3	0.3	0.2
PW @ 15%		-147.1	45.7	39.7	10.0	30.0	26.1	19.1	8.8	17.2	19.2	68.8
DF @ 30%		0.769	0.592	0.455	0.350	0.269	0.234	0.2	0.2	0.2	0.1
PW @ 30%		-130.1	35.7	27.5	6.1	16.3	14.1	10.4	4.8	9.3	10.4	4.5
		IRR  =	27.23
DF @ 11%		0.901	0.812	0.731	0.659	0.593	0.535	0.482	0.434	0.391	0.352
PW  OF OPERATIONAL CASH FLOW		45.8	49.0	44.2	33.5	35.8	32.3	24.5	26.2	23.6	17.9	332.88
NPV OF OERATIONAL CASH FLOW		332.9
INITIAL INVESTMENT		220.0
BENEFIT COST RATIO		1.5
Project for setting up Patchouli crop
BREAK EVEN ANALYSIS
				(Rs In Thousands)
PARTICULARS					Year III
				(At Optimum Level)
GROSS SALES					84.4
FIXED COST(INCL DEP.& INT.)					48.7
VARIABLE COST					0.0
CONTRIBUTION					84.4
BREAK EVEN POINT (%)					57.7
CASH BEP (%)					57.7
Project for setting up Patchouli crop
DEBT SERVICE COVERAGE RATIO				(Rs In Thousands)
		Year I	Year II	Year III
NET PROFIT after tax		23.6	34.3	35.7
DEPRECIATION		19.3	19.3	19.3
PRELIMINARY EXP.W/O ADDED BACK		0.0	0.0	0.0
INTEREST		7.9	6.8	5.4
TOTAL		50.9	60.4	60.4
TERM LOAN INTEREST		7.9	6.8	5.4
TERM LOAN REPAYMENT		6.0	12.0	12.0
TOTAL		13.9	18.8	17.4
DSCR		3.7	3.2	3.5
AVERAGE DSCR					3.42
Project for setting up Patchouli crop
PAY BACK PERIOD					(Rs In Thousands)
PARTICULARS			Year I	Year II	Year III
CAPITAL INVESTMENT			220.0		0.0
NET CASH ACCRUALS			42.9	53.6	55.0
CUMULATIVE INCOME			42.9	96.5	151.5
		PAYBACK PERIOD		4.23	YEARS
Project for setting up Patchouli crop
COST OF PRODUCTION & PROFITABILITY					( Rupees In thousands)
PARTICULARS			Year I	Year II	Year III
INCOME			72.0	84.4	84.4
Sales			72.0	84.4	84.4
COST			21.1	24.0	24.0
VARIABLE			-	-	-
FREIGHT			-	-	-
FIXED			21.1	24.0	24.0
PLANTING MATERIAL			-	-	-
MANURE/FERTILIZERS/CHEMICALS			3.6	3.6	3.6
DIRECT LABOUR COST			4.2	4.2	4.2
OTHER COST			3.6	3.6	3.6
HARVESTING & TRANSPORTATION COST			9.2	12.1	12.1
GENERAL EXPENSES			0.5	0.5	0.5
GROSS PROFIT			50.9	60.4	60.4
DEPRECIATION			19.3	19.3	19.3
INTEREST -TERM LOAN			7.9	6.8	5.4
PRE- OPERATIVE EXP.W/O			-	-	-
PROFIT BEFORE TAX			23.6	34.3	35.7
TAXES			-	-	-
PROFIT AFTER TAXES			23.6	34.3	35.7
DIVIDEND %			-	-	-
DIVIDEND AMOUNT			-	-	-
RETAINED PROFIT			23.6	34.3	35.7
NET CASH ACCRUAL			42.9	53.6	55.0