G7 Mobiles

PROJECTED BALANCE SHEET

Particulars Year 1 Year 2 Year 3 Year 4 Year 5

Source of Funds
Share Capital 70,000,000.00 70,000,000.00 70,000,000.00 70,000,000.00 70,000,000.00
Profit & Loss Account (17,973,008.52) (11,654,959.35) 143,459.24 10,004,037.91 56,562,669.89
Long Term Loan 30,000,000.00 30,000,000.00 30,000,000.00 30,000,000.00 -

Total source of Funds 82,026,991.48 88,345,040.65 100,143,459.24 110,004,037.91 126,562,669.89

Application of Funds
Fixed Assets
Net Fixed Assets 29,000,000.00 23,225,000.00 18,762,500.00 15,300,312.50 12,601,943.75

Current Assets
Inventories 50,400,000.00 50,400,000.00 50,400,000.00 50,400,000.00 50,400,000.00
Sundry Debtors 143,640,000.00 166,320,000.00 111,998,880.00 83,160,000.00 60,480,000.00
Cash and Bank Balance 9,786,991.48 3,957,776.01 10,928,544.36 36,649,687.70 106,224,425.56
Advance and Deposit 500,000.00 3,500,000.00 3,950,000.00 4,450,000.00 17,750,000.00
Total Current Assets (A) 204,326,991.48 224,177,776.01 177,277,424.36 174,659,687.70 234,854,425.56

Current Liabilities & Provisions

Current Liabilities 151,300,000.00 156,350,000.00 90,840,000.00 75,730,000.00 100,940,000.00
Income Tax Provisions - 2,707,735.36 5,056,465.11 4,225,962.29 19,953,699.42

Current Liabilities & Provisions (B) 151,300,000.00 159,057,735.36 95,896,465.11 79,955,962.29 120,893,699.42

Net Current Assets (A-B) 53,026,991.48 65,120,040.65 81,380,959.24 94,703,725.41 113,960,726.14

Total Application of Funds 82,026,991.48 88,345,040.65 100,143,459.24 110,004,037.91 126,562,669.89

G7 Mobiles
PROJECTED PROFIT & LOSS ACCOUNT

Particulars Year 1 Year 2 Year 3 Year 4 Year 5

Sales Revenue 478,800,000.00 554,400,000.00 559,994,400.00 554,400,000.00 604,800,000.00
Less : Cost of Goods Sold 453,600,000.00 504,000,000.00 504,000,000.00 504,000,000.00 504,000,000.00
Gross Profit 25,200,000.00 50,400,000.00 55,994,400.00 50,400,000.00 100,800,000.00

Less: Administrative expenses 32,785,000.00 33,002,500.00 33,072,625.00 33,205,631.25 36,045,537.81

Net Profit before deprn and income tax (7,585,000.00) 17,397,500.00 22,921,775.00 17,194,368.75 64,754,462.19

Less : Depreciation 7,500,000.00 5,775,000.00 4,462,500.00 3,462,187.50 2,698,368.75

Add : Interest Income 461,285.31 161,737.65 488,287.75 1,696,827.84 4,953,349.67
Less : Interest Expenses 3,349,293.83 2,758,453.13 2,092,679.04 1,342,468.13 497,111.71

Net Profit/(loss) before tax (17,973,008.52) 9,025,784.52 16,854,883.71 14,086,540.96 66,512,331.40

Income Tax Provision - 2,707,735.36 5,056,465.11 4,225,962.29 19,953,699.42

Net Profit after Tax (17,973,008.52) 6,318,049.17 11,798,418.60 9,860,578.67 46,558,631.98

Net Profit/(loss) of previous years - (17,973,008.52) (11,654,959.35) 143,459.24 10,004,037.91

Net Profit/Loss transferred to Balance Sheet (17,973,008.52) (11,654,959.35) 143,459.24 10,004,037.91 56,562,669.89
 G7 Mobiles
PROJECTED CASH FLOW STATEMENT

Particulars Year 1 Year 2 Year 3 Year 4 Year 5

Cash Flow From Operating Activities

Net Profit before tax (17,973,008.52) 9,025,784.52 16,854,883.71 14,086,540.96 66,512,331.40
Adjustment for
Depreciation 7,500,000.00 5,775,000.00 4,462,500.00 3,462,187.50 2,698,368.75
Provison for Income tax - (2,707,735.36) (5,056,465.11) (4,225,962.29) (19,953,699.42)
Pre-opearating expenses written off
Profit on sale of assets
Provison for gratuity
Net Cash flow before Operating Activities (10,473,008.52) 12,093,049.17 16,260,918.60 13,322,766.17 49,257,000.73

Cash flow from Operating Activities (43,240,000.00) (17,922,264.64) (9,290,150.25) 12,398,377.17 53,425,964.06

Increase/decrease in current assets (194,540,000.00) (25,680,000.00) 53,871,120.00 28,338,880.00 91,590,000.00

Increase/ decrease in current liabilities 151,300,000.00 7,757,735.36 (63,161,270.25) (15,940,502.83) (38,164,035.94)
Net Cash flow from Operating Activities (A} (53,713,008.52) (5,829,215.48) 6,970,768.35 25,721,143.34 102,682,964.79

Cash Flow from Investing activities

Purchase of fixed assets (36,500,000.00) - - - -
Sales of Proerty
Net cash Used in investing activities (B} (36,500,000.00) - - - -

Cash flows from financing activities

Proceed from share 70,000,000.00
Bank loan 30,000,000.00
Dividend Paid
Net Cash used in Financing activities (C} 100,000,000.00 - - - -

Net Increase/Decrease in cash and cash equivalents (A+B+C} 9,786,991.48 (5,829,215.48) 6,970,768.35 25,721,143.34 102,682,964.79

Cash and cash equivalents at the beginning of the period - 9,786,991.48 3,957,776.01 10,928,544.36 36,649,687.70

Cash and cash equivalents at the end of the period 9,786,991.48 3,957,776.01 10,928,544.36 36,649,687.70 106,224,425.56