Project Report of Computers

ADMINISTRATIVE EXPENSES ( Annexure II)

SALARIES & WAGES ( PER MONTH)
Details Nos. Rate Amount Amount
Teaching Staff
Faculty 2 10,000.00 20,000.00
Faculty ( Self) Self Self Self

Office Staff:
Peon 1 2,500.00 2,500.00
Counceller 1 4,500.00 4,500.00
TOTAL 27,000.00
Salary for year 12 324,000.00
ELECTRICITY CHARGES
Details Month Rate Total Month Amount
Electricity 1 2,000.00 12 24,000.00

Electricity charges year 24,000.00

CONVEYANCE
Details Month Rate Total Month Amount
Transportation one 750.00 12 9,000.00

Transportation charges 9,000.00

per year

TELEPHONE & INTERNET CHARGES

Details No. Rate Total Month Amount
Telephone Charges Two 1,000.00 12 12,000.00
Internet Charges One 1,500.00 12 18,000.00
Telephone & Internet Charges year 30,000.00

FUEL EXPENSES
Details Month Rate Total Amount
FUEL EXPENSES 12.00 2,000.00 1 24,000.00

Fuel Expenses per year 24,000.00

Rent
Details Month Rate Total Month Amount
Rent 1.00 4,500.00 12 54,000.00

Rent Charges year 54,000.00

 Project Report of Computers
PROJECTION OF PERFORMANCE, PROFITABILITY & REPAYMENT
Years I II III IV V
Sales (Annexure : I) 907,500.00 930,187.50 953,442.19 982,045.45 1,016,417.04
Add: Interest on Subsidy Invested @ 10% 12,500.00 12,500.00 0.00 0.00 0.00
Less : Administrative Expenses (Annexure : II) 474,075.00 493,651.88 514,201.92 535,821.33 558,565.09
445,925.00 449,035.63 439,240.27 446,224.12 457,851.95

Less : Depreciation (Annexure : IV) 241,475.00 104,118.75 48,171.94 24,927.05 14,881.60

Profit before interest & tax 204,450.00 344,916.88 391,068.33 421,297.08 442,970.35
Less : Interest & Bank Charges ( Annexure V) 55,687.50 45,562.50 30,375.00 15,187.50 5,062.50
Net Profit Before Tax 148,762.50 299,354.38 360,693.33 406,109.58 437,907.85
Less : Income Tax 0.00 20,000.00 26,000.00 30,600.00 33,700.00
Net Profit After Tax 148,762.50 279,354.38 334,693.33 375,509.58 404,207.85
 Project Report of Computers
GROSS RECEIPTS ( Annexure I)
Details Per Course Amount
Student Fee (Basic Course) 7500
Total No. Students Per year 85
637500.00

Student Fee (Hardware & Networking) 13500

Total No. Students Per year 20 270,000.00
Total Fee 907500.00
 Project Report of Computers
PROJECTED BALANCE SHEET
LIABILITIES I II III IV V

CAPITAL 108,762.50 268,116.88 527,810.20 723,319.78 917,527.63

Subsidy From Dept. 75,000.00 75,000.00 0.00 0.00 0.00

Bank Loan 375,000.00 300,000.00 150,000.00 75,000.00 0.00

558,762.50 643,116.88 677,810.20 798,319.78 917,527.63

ASSETS I II III IV V

Fixed Assets 258,525.00 154,406.25 106,234.31 81,307.27 66,425.67

Subsidy FD 75,000.00 75,000.00 0.00 0.00 0.00

Cash & Bank 225,237.50 413,710.63 571,575.89 717,012.51 851,101.97

558,762.50 643,116.88 677,810.20 798,319.78 917,527.63

0.00 0.00 0.00 0.00 0.00

 Project Report of Computers
CASH FLOW STATEMENT

PARTICULARS I II III IV V
A. Sources of funds
1. Cash accrual Before Int. & Tax 204,450.00 344,916.88 391,068.33 421,297.08 442,970.35
2. Subsidy from Bank 75,000.00 0.00 0.00 0.00 0.00
3. Depreciation 241,475.00 104,118.75 48,171.94 24,927.05 14,881.60
4. Subsidy Investment Released 0.00 0.00 75,000.00 0.00 0.00
Total Sources (A) 520,925.00 449,035.63 514,240.27 446,224.12 457,851.95

B. Disposition of funds
1. Interest 55,687.50 45,562.50 30,375.00 15,187.50 5,062.50
2. Taxation 0.00 20,000.00 26,000.00 30,600.00 33,700.00
3. Drawings 90,000.00 120,000.00 150,000.00 180,000.00 210,000.00
4. Repayment of Loan 75,000.00 75,000.00 75,000.00 75,000.00 75,000.00
5. Investment of Subsidy 75,000.00 0.00 0.00 0.00 0.00
6. Subsidy Adjusted 0.00 0.00 75,000.00 0.00 0.00
Total Disposition (B) 295,687.50 260,562.50 356,375.00 300,787.50 323,762.50

C. Opening Balance 0.00 225,237.50 413,710.63 571,575.89 717,012.51

D. Net Surplus ( A+C- B) 225,237.50 188,473.13 157,865.27 145,436.62 134,089.45

E. Closing Balance 225,237.50 413,710.63 571,575.89 717,012.51 851,101.97

 Project Report of Computers
CAPITAL ACCOUNT

I II III IV V
Opening Balance 0.00 108,762.50 268,116.88 527,810.20 723,319.78
Add: Own
Contribution /
Subsidy 50,000.00 0.00 75,000.00 0.00 0.00
Add : Profit 148,762.50 279,354.38 334,693.33 375,509.58 404,207.85
Less : Withdrwals 90,000.00 120,000.00 150,000.00 180,000.00 210,000.00
Closing Balance 108,762.50 268,116.88 527,810.20 723,319.78 917,527.63
 Project Report of Computers
Schedule of Fixed Assets ( Annexure IV )
((Depreciation is Charges as per Income Tax Rates)
Years I II III
Assets Op. Balance Depreciation Balance Depreciation Balance Depreciation Balance
Computers ( 360,000.00 216,000.00 144,000.00 86,400.00 57,600.00 34,560.00 23,040.00
UPS, LAN Car 15,200.00 2,280.00 12,920.00 1,938.00 10,982.00 1,647.30 9,334.70
Printers, Sca 15,500.00 9,300.00 6,200.00 3,720.00 2,480.00 1,488.00 992.00
Electrical Fitt 10,000.00 1,500.00 8,500.00 1,275.00 7,225.00 1,083.75 6,141.25
DG Set 49,300.00 7,395.00 41,905.00 6,285.75 35,619.25 5,342.89 30,276.36
Furniture & F 50,000.00 5,000.00 45,000.00 4,500.00 40,500.00 4,050.00 36,450.00
TOTAL 500,000.00 241,475.00 258,525.00 104,118.75 154,406.25 48,171.94 106,234.31

Years IV V
Assets Balance Depreciation Balance Depreciation Cl. Balance
Computers ( 23,040.00 13,824.00 9,216.00 5,529.60 3,686.40
UPS, LAN Car 9,334.70 1,400.21 7,934.50 1,190.17 6,744.32
Printers, Sca 992.00 595.20 396.80 238.08 158.72
Electrical Fitt 6,141.25 921.19 5,220.06 783.01 4,437.05
DG Set 30,276.36 4,541.45 25,734.91 3,860.24 21,874.67
Furniture & F 36,450.00 3,645.00 32,805.00 3,280.50 29,524.50
TOTAL 106,234.31 24,927.05 81,307.27 14,881.60 66,425.67
 Project Report of Computers
COST OF THE PROJECT

PARTICULARS AMOUNT AMOUNT

1 Computers (12) 360,000.00

2 UPS, LAN Card 15,200.00
3 DG Set 49,300.00
4 Printers, Scanner 15,500.00
5 Electrical Fittings 10,000.00
6 Furniture & Fixtures 50,000.00
Total 500,000.00

Means of Financing
1 Owners contribution 50,000.00
2 Bank Loan 450,000.00
Total 500,000.00

Subsidy ( 15% of Loan Amount ) Rs 75000.00

 Project Report of Computers
TOTAL ADMINISTRATIVE COST ( Annexure II)
(Detail of Administrative Cost is as per Annexure III)

TOTAL ADMINISTRATIVE COST

Year I II III IV
Salaries & Wages 324,000.00 340,200.00 357,210.00 375,070.50
Electricity charges 24,000.00 25,200.00 26,460.00 27,783.00
Conveyance 9,000.00 9,450.00 9,922.50 10,418.63
Telephone charges 30,000.00 31,500.00 33,075.00 34,728.75
Sundry Expenses (1%) 9,075.00 9,301.88 9,534.42 9,820.45
Fuel Expenses 24,000.00 24,000.00 24,000.00 24,000.00
Rent 54,000.00 54,000.00 54,000.00 54,000.00
474,075.00 493,651.88 514,201.92 535,821.33

Project Report of Computers

Bank Interest ( Annexure V)

Bank Interest
Year I II III IV
Bank Loan 450,000.00 375,000.00 300,000.00 150,000.00
Less: Repayment 75,000.00 75,000.00 75,000.00 75,000.00
Less: Subsidy 0.00 0.00 75,000.00 0.00
Closing Balance 375,000.00 300,000.00 150,000.00 75,000.00
Average Balace 412,500.00 337,500.00 225,000.00 112,500.00
Interest @ 13.5% 55,687.50 45,562.50 30,375.00 15,187.50
 V
393,824.03
29,172.15
10,939.56
36,465.19
10,164.17
24,000.00
54,000.00
558,565.09

V
75,000.00
75,000.00
0.00
-
37,500.00
5,062.50
 Project Report of Computers
RATIO ANALYSIS

Ratio Analysis
Debt Equity Ratio 3.45 1.12 0.28 0.10 0.00

Net Profit to Sales Ratio 16.39 32.18 37.83 41.35 43.08

Debt Service Coverage Ratio ( DSCR)

Net Profit After Tax During the Year 148,762.50 279,354.38 334,693.33 375,509.58 404,207.85
Add: Depreciation 241,475.00 104,118.75 48,171.94 24,927.05 14,881.60
Add: Interest on Bank Loan 55,687.50 45,562.50 30,375.00 15,187.50 5,062.50
Total Amount Available for Serving Interst 445,925.00 429,035.63 413,240.27 415,624.12 424,151.95
& Instalment
Instalment & Interest to be Served 130,687.50 120,562.50 105,375.00 90,187.50 80,062.50

DSCR 3.41 3.56 3.92 4.61 5.30

Average DSCR 4.16