This spreadsheet was created by Charlie Tillett

Redistribution permitted with attribution.

Copyright 1999-2011. All rights reserved.

 P & L by Year
Source Year 1 Year 2 Year 3 Year 4
Revenue
Model 1 P&L By Qtr Rs. 4,130,784.00 Rs. 1.00 Rs. 1,680,000.00 Rs. 0.55 Rs. 5,400,000.00 Rs. 0.41 Rs. 6,000,000.00 Rs. 0.14
Model 2 P&L By Qtr Rs. - Rs. - Rs. 1,400,000.00 Rs. 0.45 Rs. 5,250,000.00 Rs. 0.40 Rs. 27,500,000.00 Rs. 0.63
Model 3 P&L By Qtr Rs. - Rs. - Rs. - Rs. - Rs. 2,400,000.00 Rs. 0.18 Rs. 10,500,000.00 Rs. 0.24
Total Revenue Rs. 4,130,784.00 Rs. 1.00 Rs. 3,080,000.00 Rs. 1.00 Rs. 13,050,000.00 Rs. 1.00 Rs. 44,000,000.00 Rs. 1.00

COGS P&L By Qtr Rs. 826,156.80 Rs. 0.20 Rs. 756,000.00 Rs. 0.25 Rs. 3,215,000.00 Rs. 0.25 Rs. 11,900,000.00 Rs. 0.27

Gross Margin Rs. 3,304,627.20 Rs. 0.80 Rs. 2,324,000.00 Rs. 0.75 Rs. 9,835,000.00 Rs. 0.75 Rs. 32,100,000.00 Rs. 0.73

Expenses
Engineering P&L By Qtr Rs. 1,326,625.00 Rs. 0.32 Rs. 3,475,275.00 Rs. 1.13 Rs. 7,212,187.50 Rs. 0.55 Rs. 12,205,975.00 Rs. 0.28
Marketing P&L By Qtr Rs. 710,750.00 Rs. 0.17 Rs. 1,810,750.00 Rs. 0.59 Rs. 3,239,350.00 Rs. 0.25 Rs. 5,300,000.00 Rs. 0.12
Sales P&L By Qtr Rs. 1,357,039.20 Rs. 0.33 Rs. 3,025,500.00 Rs. 0.98 Rs. 5,754,000.00 Rs. 0.44 Rs. 10,818,500.00 Rs. 0.25
G&A P&L By Qtr Rs. 964,575.00 Rs. 0.23 Rs. 1,817,750.00 Rs. 0.59 Rs. 3,117,000.00 Rs. 0.24 Rs. 5,308,500.00 Rs. 0.12
Operating Exp. Rs. 4,358,989.20 Rs. 1.06 Rs. 10,129,275.00 Rs. 3.29 Rs. 19,322,537.50 Rs. 1.48 Rs. 33,632,975.00 Rs. 0.76

Operating Profit -Rs. 1,054,362.00 -Rs. 0.26 -Rs. 7,805,275.00 -Rs. 2.53 -Rs. 9,487,537.50 -Rs. 0.73 -Rs. 1,532,975.00 -Rs. 0.03

P & L by Year Page 2

 P & L by Month Source Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
Year 1 Year 1 Year 1 Year 1 Year 2 Year 2 Year 2 Year 2
Revenue
Model 1 Sales Plan ### Rs. 344,232.00 Rs. 344,232.00 Rs. 1,721,160.00 Rs. 240,000.00 Rs. 360,000.00 Rs. 480,000.00 Rs. 600,000.00
Model 2 Sales Plan Rs. - Rs. - Rs. - Rs. - Rs. 200,000.00 Rs. 300,000.00 Rs. 400,000.00 Rs. 500,000.00
Model 3 Sales Plan Rs. - Rs. - Rs. - Rs. - Rs. - Rs. - Rs. - Rs. -
Total Revenue ### Rs. 344,232.00 Rs. 344,232.00 Rs. 1,721,160.00 Rs. 440,000.00 Rs. 660,000.00 Rs. 880,000.00 Rs. 1,100,000.00

COGS Sales Plan Rs. 344,232.00 Rs. 68,846.40 Rs. 68,846.40 Rs. 344,232.00 Rs. 108,000.00 Rs. 162,000.00 Rs. 216,000.00 Rs. 270,000.00

Gross Margin ### Rs. 275,385.60 Rs. 275,385.60 Rs. 1,376,928.00 Rs. 332,000.00 Rs. 498,000.00 Rs. 664,000.00 Rs. 830,000.00

Expenses
Engineering Expenses Rs. 169,375.00 Rs. 312,875.00 Rs. 378,000.00 Rs. 466,375.00 Rs. 576,037.50 Rs. 792,275.00 Rs. 965,162.50 Rs. 1,141,800.00
Marketing Expenses Rs. 111,250.00 Rs. 136,250.00 Rs. 185,125.00 Rs. 278,125.00 Rs. 330,600.00 Rs. 409,200.00 Rs. 470,737.50 Rs. 600,212.50
Sales Expenses Rs. 232,245.50 Rs. 229,899.10 Rs. 377,274.10 Rs. 517,620.50 Rs. 609,562.50 Rs. 697,687.50 Rs. 812,937.50 Rs. 905,312.50
G&A Expenses Rs. 173,700.00 Rs. 206,875.00 Rs. 284,325.00 Rs. 299,675.00 Rs. 388,150.00 Rs. 417,975.00 Rs. 492,300.00 Rs. 519,325.00
Operating Exp. Rs. 686,570.50 Rs. 885,899.10 Rs. 1,224,724.10 Rs. 1,561,795.50 Rs. 1,904,350.00 Rs. 2,317,137.50 Rs. 2,741,137.50 Rs. 3,166,650.00

Operating Profit Rs. 690,357.50 -Rs. 610,513.50 -Rs. 949,338.50 -Rs. 184,867.50 -Rs. 1,572,350.00 -Rs. 1,819,137.50 -Rs. 2,077,137.50 -Rs. 2,336,650.00

P & L by Qtr Page 3

 P & L by Month Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
Year 3 Year 3 Year 3 Year 3 Year 4 Year 4 Year 4 Year 4
Revenue
Model 1 Rs. 900,000.00 Rs. 1,200,000.00 Rs. 1,500,000.00 Rs. 1,800,000.00 Rs. 1,800,000.00 Rs. 1,500,000.00 Rs. 1,500,000.00 Rs. 1,200,000.00
Model 2 Rs. 750,000.00 Rs. 1,000,000.00 Rs. 1,500,000.00 Rs. 2,000,000.00 Rs. 4,000,000.00 Rs. 6,000,000.00 Rs. 7,500,000.00 Rs. 10,000,000.00
Model 3 Rs. 150,000.00 Rs. 375,000.00 Rs. 750,000.00 Rs. 1,125,000.00 Rs. 1,500,000.00 Rs. 2,250,000.00 Rs. 3,000,000.00 Rs. 3,750,000.00
Total Revenue Rs. 1,800,000.00 Rs. 2,575,000.00 Rs. 3,750,000.00 Rs. 4,925,000.00 Rs. 7,300,000.00 Rs. 9,750,000.00 Rs. 12,000,000.00 Rs. 14,950,000.00

COGS Rs. 440,000.00 Rs. 627,500.00 Rs. 925,000.00 Rs. 1,222,500.00 Rs. 1,910,000.00 Rs. 2,625,000.00 Rs. 3,250,000.00 Rs. 4,115,000.00

Gross Margin Rs. 1,360,000.00 Rs. 1,947,500.00 Rs. 2,825,000.00 Rs. 3,702,500.00 Rs. 5,390,000.00 Rs. 7,125,000.00 Rs. 8,750,000.00 Rs. 10,835,000.00

Expenses
Engineering Rs. 1,504,125.00 Rs. 1,720,437.50 Rs. 1,940,500.00 Rs. 2,047,125.00 Rs. 2,622,512.50 Rs. 2,906,000.00 Rs. 3,193,237.50 Rs. 3,484,225.00
Marketing Rs. 607,812.50 Rs. 788,537.50 Rs. 793,450.00 Rs. 1,049,550.00 Rs. 1,013,775.00 Rs. 1,285,250.00 Rs. 1,336,712.50 Rs. 1,664,262.50
Sales Rs. 1,110,812.50 Rs. 1,313,687.50 Rs. 1,551,687.50 Rs. 1,777,812.50 Rs. 2,240,562.50 Rs. 2,540,687.50 Rs. 2,851,937.50 Rs. 3,185,312.50
G&A Rs. 661,450.00 Rs. 705,050.00 Rs. 849,300.00 Rs. 901,200.00 Rs. 1,090,050.00 Rs. 1,253,225.00 Rs. 1,364,475.00 Rs. 1,600,750.00
Operating Exp. Rs. 3,884,200.00 Rs. 4,527,712.50 Rs. 5,134,937.50 Rs. 5,775,687.50 Rs. 6,966,900.00 Rs. 7,985,162.50 Rs. 8,746,362.50 Rs. 9,934,550.00

Operating Profit -Rs. 2,524,200.00 -Rs. 2,580,212.50 -Rs. 2,309,937.50 -Rs. 2,073,187.50 -Rs. 1,576,900.00 -Rs. 860,162.50 Rs. 3,637.50 Rs. 900,450.00

P & L by Qtr Page 4

 Sales Plan Q1 Q2 Q3 Q1
Q4

Year 1 Year 1 Year 1 Year 3

1

Unit Sales

Model 1 Rs. 1,434.30 Rs. 286.86 Rs. 286.86 Rs. 1,434.30

###

Model 2 Rs. - Rs. - Rs. ###

-

Model 3 Rs. - Rs. - Rs. ###

-

Total Units Rs. 1,434.30 Rs. 286.86 Rs. 286.86 Rs. 1,434.30
###

Revenue

Model 1 Rs. 1,721,160.00 Rs. 344,232.00 Rs. 344,232.00 ###

Model 2 Rs. - Rs. - Rs. - Rs. ###

-

Model 3 Rs. - Rs. - Rs. - Rs. ###

-

Total Revenue Rs. 1,721,160.00 Rs. 344,232.00 Rs. 344,232.00 ###

Cost of Goods Sold

Model 1 Rs. 344,232.00 Rs. 68,846.40 Rs. 68,846.40 Rs. 344,232.00

###

Model 2 Rs. - Rs. - Rs. - Rs. ###

-

Model 3 Rs. - Rs. - Rs. - Rs. ###

-

Total COGS Rs. 344,232.00 Rs. 68,846.40 Rs. 68,846.40 Rs. 344,232.00
###

Sales Plan Page 5

 Staffing Plan Staffing Staffing Staffing Staffing Staffing Staffing Staffing Staffing Staffing Staffing Staffing Staffing Staffing Staffing Staffing Staffing
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
Year 1 Year 1 Year 1 Year 1 Year 2 Year 2 Year 2 Year 2 Year 3 Year 3 Year 3 Year 3 Year 4 Year 4 Year 4 Year 4

Engineering
CTO Input 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1
Programmer Input 4 8 10 12 15 20 25 30 40 45 50 60 65 70 75 80
Tech Writer Input - 1 1 2 2 4 4 4 5 5 5 5 6 6 6 6
Other Input - - - - - - - - - - - - - - - -
Total Eng 5 10 12 15 18 25 30 35 46 51 56 66 72 77 82 87

Marketing
VP Marketing Input 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1
Product Manager Input 1 1 2 2 3 3 4 4 5 5 5 5 6 8 10 12
Mar-Com Input - - 1 1 2 2 2 2 3 3 4 4 5 5 6 6
Other Input 1 1 1 2 2 2 3 3 3 4 4 4 5 5 6 6
Total Mktg 3 3 5 6 8 8 10 10 12 13 14 14 17 19 23 25

Sales
VP Sales Input 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1
Regional Sales Input 1 2 4 5 7 8 9 10 12 14 16 18 22 24 26 28
Sales Support Input 1 2 4 5 7 8 9 10 12 14 16 18 22 24 26 28
Sales Admin Input 1 1 2 2 3 3 4 4 5 5 6 6 7 7 8 8
Total Sales 4 6 11 13 18 20 23 25 30 34 39 43 52 56 61 65

General & Admin

CEO Input 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1
VP Finance Input 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1
Accounting Input 1 1 2 2 3 3 4 4 6 6 8 8 10 12 14 16
MIS Input 1 2 3 3 4 4 4 4 6 6 8 8 10 10 12 12
Other Input 1 1 2 2 3 3 4 4 5 5 6 6 8 10 12 14
Total G&A 5 6 9 9 12 12 14 14 19 19 24 24 30 34 40 44

TOTAL EMP. 17 25 37 43 56 65 77 84 107 117 133 147 171 186 206 221

Annual Rev/Emp (000) 405 55 37 160 31 41 46 52 67 88 113 134 171 210 233 271

Target Employees Rs. 350,000.00 20 4 4 20 5 8 10 13 21 29 43 56 83 111 137 171

Staffing Plan Page 6

 Departmental Expenses Source Q1 Q2 Q3 Q4 Q1 Q2
Year 1 Year 1 Year 1 Year 1 Year 2 Year 2
Engineering
Salaries & Benefits Staffing Plan Rs. 129,375.00 Rs. 232,875.00 Rs. 276,000.00 Rs. 336,375.00 Rs. 408,037.50 Rs. 562,275.00
Tech Supplies (PP/PM) Rs. 2,000.00 input/formula Rs. 30,000.00 Rs. 60,000.00 Rs. 72,000.00 Rs. 90,000.00 Rs. 108,000.00 Rs. 150,000.00
Misc / Other input Rs. 10,000.00 Rs. 20,000.00 Rs. 30,000.00 Rs. 40,000.00 Rs. 60,000.00 Rs. 80,000.00
Total Engineering To P&L Rs. 169,375.00 Rs. 312,875.00 Rs. 378,000.00 Rs. 466,375.00 Rs. 576,037.50 Rs. 792,275.00

Marketing
Salaries & Benefits Staffing Plan Rs. 86,250.00 Rs. 86,250.00 Rs. 135,125.00 Rs. 158,125.00 Rs. 210,600.00 Rs. 214,200.00
Literature / PR input Rs. 5,000.00 Rs. 5,000.00 Rs. 10,000.00 Rs. 10,000.00 Rs. 20,000.00 Rs. 20,000.00
Trade Shows input Rs. - Rs. 25,000.00 Rs. - Rs. 50,000.00 Rs. - Rs. 50,000.00
Misc / Other input Rs. 20,000.00 Rs. 20,000.00 Rs. 40,000.00 Rs. 60,000.00 Rs. 100,000.00 Rs. 125,000.00
Total Marketing To P&L Rs. 111,250.00 Rs. 136,250.00 Rs. 185,125.00 Rs. 278,125.00 Rs. 330,600.00 Rs. 409,200.00

Sales
Salaries & Benefits Staffing Plan Rs. 122,187.50 Rs. 179,687.50 Rs. 309,062.50 Rs. 366,562.50 Rs. 504,562.50 Rs. 572,687.50
Travel (PP/PM) Rs. 3,000.00 input/formula Rs. 9,000.00 Rs. 18,000.00 Rs. 36,000.00 Rs. 45,000.00 Rs. 63,000.00 Rs. 72,000.00
Commission (% Rev) Rs. 0.05 input/formula Rs. 86,058.00 Rs. 17,211.60 Rs. 17,211.60 Rs. 86,058.00 Rs. 22,000.00 Rs. 33,000.00
Misc / Other input Rs. 15,000.00 Rs. 15,000.00 Rs. 15,000.00 Rs. 20,000.00 Rs. 20,000.00 Rs. 20,000.00
Total Sales To P&L Rs. 232,245.50 Rs. 229,899.10 Rs. 377,274.10 Rs. 517,620.50 Rs. 609,562.50 Rs. 697,687.50

General & Admin

Salaries & Benefits Staffing Plan Rs. 129,375.00 Rs. 143,750.00 Rs. 195,500.00 Rs. 195,500.00 Rs. 251,550.00 Rs. 255,850.00
Rent (pp/pm) Rs. 375.00 input/formula Rs. 19,125.00 Rs. 28,125.00 Rs. 41,625.00 Rs. 48,375.00 Rs. 63,000.00 Rs. 73,125.00
Tel & Postage (PP/PM) Rs. 200.00 input/formula Rs. 10,200.00 Rs. 15,000.00 Rs. 22,200.00 Rs. 25,800.00 Rs. 33,600.00 Rs. 39,000.00
Misc / Other input Rs. 15,000.00 Rs. 20,000.00 Rs. 25,000.00 Rs. 30,000.00 Rs. 40,000.00 Rs. 50,000.00
Total G&A To P&L Rs. 173,700.00 Rs. 206,875.00 Rs. 284,325.00 Rs. 299,675.00 Rs. 388,150.00 Rs. 417,975.00

Total Operating Expense Rs. 686,570.50 Rs. 885,899.10 Rs. 1,224,724.10 Rs. 1,561,795.50 Rs. 1,904,350.00 Rs. 2,317,137.50

Expenses Page 7
 Departmental Expenses Q3 Q4
Year 2 Year 2
Engineering
Salaries & Benefits Rs. 685,162.50 Rs. 811,800.00
Tech Supplies (PP/PM) Rs. 180,000.00 Rs. 210,000.00
Misc / Other Rs. 100,000.00 Rs. 120,000.00
Total Engineering Rs. 965,162.50 Rs. 1,141,800.00

Marketing
Salaries & Benefits Rs. 270,737.50 Rs. 275,212.50
Literature / PR Rs. 50,000.00 Rs. 50,000.00
Trade Shows Rs. - Rs. 100,000.00
Misc / Other Rs. 150,000.00 Rs. 175,000.00
Total Marketing Rs. 470,737.50 Rs. 600,212.50

Sales
Salaries & Benefits Rs. 657,937.50 Rs. 730,312.50
Travel (PP/PM) Rs. 81,000.00 Rs. 90,000.00
Commission (% Rev) Rs. 44,000.00 Rs. 55,000.00
Misc / Other Rs. 30,000.00 Rs. 30,000.00
Total Sales Rs. 812,937.50 Rs. 905,312.50

General & Admin

Salaries & Benefits Rs. 299,475.00 Rs. 304,425.00
Rent (pp/pm) Rs. 86,625.00 Rs. 94,500.00
Tel & Postage (PP/PM) Rs. 46,200.00 Rs. 50,400.00
Misc / Other Rs. 60,000.00 Rs. 70,000.00
Total G&A Rs. 492,300.00 Rs. 519,325.00

Total Operating Expense Rs. 2,741,137.50 Rs. 3,166,650.00

Expenses Page 8
Departmental Expenses Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
Year 3 Year 3 Year 3 Year 3 Year 4 Year 4 Year 4 Year 4
Engineering
Salaries & Benefits Rs. 1,078,125.00 Rs. 1,214,437.50 Rs. 1,354,500.00 Rs. 1,621,125.00 Rs. 1,790,512.50 Rs. 1,944,000.00 Rs. 2,101,237.50 Rs. 2,262,225.00
Tech Supplies (PP/PM) Rs. 276,000.00 Rs. 306,000.00 Rs. 336,000.00 Rs. 396,000.00 Rs. 432,000.00 Rs. 462,000.00 Rs. 492,000.00 Rs. 522,000.00
Misc / Other Rs. 150,000.00 Rs. 200,000.00 Rs. 250,000.00 Rs. 30,000.00 Rs. 400,000.00 Rs. 500,000.00 Rs. 600,000.00 Rs. 700,000.00
Total Engineering Rs. 1,504,125.00 Rs. 1,720,437.50 Rs. 1,940,500.00 Rs. 2,047,125.00 Rs. 2,622,512.50 Rs. 2,906,000.00 Rs. 3,193,237.50 Rs. 3,484,225.00

Marketing
Salaries & Benefits Rs. 332,812.50 Rs. 363,537.50 Rs. 393,450.00 Rs. 399,550.00 Rs. 488,775.00 Rs. 560,250.00 Rs. 686,712.50 Rs. 762,762.50
Literature / PR Rs. 75,000.00 Rs. 75,000.00 Rs. 100,000.00 Rs. 100,000.00 Rs. 125,000.00 Rs. 125,000.00 Rs. 150,000.00 Rs. 1,500.00
Trade Shows Rs. - Rs. 100,000.00 Rs. - Rs. 200,000.00 Rs. - Rs. 150,000.00 Rs. - Rs. 300,000.00
Misc / Other Rs. 200,000.00 Rs. 250,000.00 Rs. 300,000.00 Rs. 350,000.00 Rs. 400,000.00 Rs. 450,000.00 Rs. 500,000.00 Rs. 600,000.00
Total Marketing Rs. 607,812.50 Rs. 788,537.50 Rs. 793,450.00 Rs. 1,049,550.00 Rs. 1,013,775.00 Rs. 1,285,250.00 Rs. 1,336,712.50 Rs. 1,664,262.50

Sales
Salaries & Benefits Rs. 882,812.50 Rs. 1,023,937.50 Rs. 1,185,187.50 Rs. 1,334,562.50 Rs. 1,637,562.50 Rs. 1,797,187.50 Rs. 1,977,937.50 Rs. 2,145,812.50
Travel (PP/PM) Rs. 108,000.00 Rs. 126,000.00 Rs. 144,000.00 Rs. 162,000.00 Rs. 198,000.00 Rs. 216,000.00 Rs. 234,000.00 Rs. 252,000.00
Commission (% Rev) Rs. 90,000.00 Rs. 128,750.00 Rs. 187,500.00 Rs. 246,250.00 Rs. 365,000.00 Rs. 487,500.00 Rs. 600,000.00 Rs. 747,500.00
Misc / Other Rs. 30,000.00 Rs. 35,000.00 Rs. 35,000.00 Rs. 35,000.00 Rs. 40,000.00 Rs. 40,000.00 Rs. 40,000.00 Rs. 40,000.00
Total Sales Rs. 1,110,812.50 Rs. 1,313,687.50 Rs. 1,551,687.50 Rs. 1,777,812.50 Rs. 2,240,562.50 Rs. 2,540,687.50 Rs. 2,851,937.50 Rs. 3,185,312.50

General & Admin

Salaries & Benefits Rs. 396,875.00 Rs. 403,225.00 Rs. 499,875.00 Rs. 507,625.00 Rs. 635,075.00 Rs. 732,375.00 Rs. 866,525.00 Rs. 969,525.00
Rent (pp/pm) Rs. 120,375.00 Rs. 131,625.00 Rs. 149,625.00 Rs. 165,375.00 Rs. 192,375.00 Rs. 209,250.00 Rs. 231,750.00 Rs. 248,625.00
Tel & Postage (PP/PM) Rs. 64,200.00 Rs. 70,200.00 Rs. 79,800.00 Rs. 88,200.00 Rs. 102,600.00 Rs. 111,600.00 Rs. 41,200.00 Rs. 132,600.00
Misc / Other Rs. 80,000.00 Rs. 100,000.00 Rs. 120,000.00 Rs. 140,000.00 Rs. 160,000.00 Rs. 200,000.00 Rs. 225,000.00 Rs. 250,000.00
Total G&A Rs. 661,450.00 Rs. 705,050.00 Rs. 849,300.00 Rs. 901,200.00 Rs. 1,090,050.00 Rs. 1,253,225.00 Rs. 1,364,475.00 Rs. 1,600,750.00

Total Operating Expense Rs. 3,884,200.00 Rs. 4,527,712.50 Rs. 5,134,937.50 Rs. 5,775,687.50 Rs. 6,966,900.00 Rs. 7,985,162.50 Rs. 8,746,362.50 Rs. 9,934,550.00

Expenses Page 9
 Cash Flow Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
Year 1 Year 1 Year 1 Year 1 Year 2 Year 2 Year 2 Year 2
Beginning Cash Rs. - Rs. 4,195,429.50 Rs. 4,554,458.40 Rs. 3,307,119.90 Rs. 1,746,710.00 Rs. 9,067,288.00 Rs. 6,796,150.50 Rs. 4,405,013.00

Gross Margin Rs. - Rs. 1,376,928.00 Rs. 275,385.60 Rs. 275,385.60 Rs. 1,376,928.00 Rs. 332,000.00 Rs. 498,000.00 Rs. 664,000.00
Expenses -Rs. 686,570.50 -Rs. 885,899.10 -Rs. 1,224,724.10 -Rs. 1,561,795.50 -Rs. 1,904,350.00 -Rs. 2,317,137.50 -Rs. 2,741,137.50 -Rs. 3,166,650.00
Investment Rs. 5,000,000.00 Rs. - Rs. - Rs. - Rs. 8,000,000.00 Rs. - Rs. - Rs. -
Capital Expense -Rs. 118,000.00 -Rs. 132,000.00 -Rs. 298,000.00 -Rs. 274,000.00 -Rs. 152,000.00 -Rs. 286,000.00 -Rs. 148,000.00 -Rs. 78,000.00
Change in Cash Rs. 4,195,429.50 Rs. 359,028.90 -Rs. 1,247,338.50 -Rs. 1,560,409.90 Rs. 7,320,578.00 -Rs. 2,271,137.50 -Rs. 2,391,137.50 -Rs. 2,580,650.00

Ending Balance Rs. 4,195,429.50 Rs. 4,554,458.40 Rs. 3,307,119.90 Rs. 1,746,710.00 Rs. 9,067,288.00 Rs. 6,796,150.50 Rs. 4,405,013.00 Rs. 1,824,363.00

Capex and Cash Flow Page 10

Cash Flow Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
Year 3 Year 3 Year 3 Year 3 Year 4 Year 4 Year 4 Year 4
Beginning Cash Rs. 1,824,363.00 -Rs. 1,371,837.00 -Rs. 4,629,549.50 -Rs. 7,930,987.00 ### -Rs. 14,398,074.50 -Rs. 17,103,237.00 -Rs. 18,854,599.50

Gross Margin Rs. 830,000.00 Rs. 1,360,000.00 Rs. 1,947,500.00 Rs. 2,825,000.00 Rs. 3,702,500.00 Rs. 5,390,000.00 Rs. 7,125,000.00 Rs. 8,750,000.00
Expenses -Rs. 3,884,200.00 -Rs. 4,527,712.50 -Rs. 5,134,937.50 -Rs. 5,775,687.50 -Rs. 6,966,900.00 -Rs. 7,985,162.50 -Rs. 8,746,362.50 -Rs. 9,934,550.00
Investment Rs. - Rs. - Rs. - Rs. - Rs. - Rs. - Rs. - Rs. -
Capital Expense -Rs. 142,000.00 -Rs. 90,000.00 -Rs. 114,000.00 -Rs. 106,000.00 -Rs. 146,000.00 -Rs. 110,000.00 -Rs. 130,000.00 -Rs. 110,000.00
Change in Cash -Rs. 3,196,200.00 -Rs. 3,257,712.50 -Rs. 3,301,437.50 -Rs. 3,056,687.50 -Rs. 3,410,400.00 -Rs. 2,705,162.50 -Rs. 1,751,362.50 -Rs. 1,294,550.00

Ending Balance -Rs. 1,371,837.00 -Rs. 4,629,549.50 -Rs. 7,930,987.00 ### ### -Rs. 17,103,237.00 -Rs. 18,854,599.50 -Rs. 20,149,149.50

Capex and Cash Flow Page 11