Project for Cultivation of  Sapota( With Drip Irrigation)
CASH FLOW STATEMENT
					(Rs In Thousands)
PARTICULARS		Year 0	Year I	Year II	Year III	Year IV
SOURCES OF FUNDS
INCREASE IN FARMER'S SHARE		87.50	-	-	-	-
NET PROFIT		-	(5.71)	1.21	8.42	26.81
INCREASE IN SUBSIDY		35.00	-	-	-	-
DEPRECIATION			7.84	7.84	7.84	7.84
PRELIMINARY EXP.W/O			-	-	-	-
INCREASE IN  TERM LOAN		52.50	-	-	-	-
INCREASE IN WC		-	-	-	-	-
	TOTAL	175.00	2.13	9.05	16.26	34.64
DEPLOYMENT
INCREASE IN FIXED ASSETS		175.00	-	-	-	-
PRELIMINARY EXPENSES		-	-	-	-	-
DECREASE IN TERM LOAN		-	-	9.55	9.55	9.55
INCREASE IN CURRENT ASSETS		-	-	-	-	-
INTEREST PAYMENT			-	-	-	-
TAXES			-	-	-	-
DIVIDEND			-	-	-	-
TOTAL		175.00	-	9.56	9.56	9.56
OPENING BALANCE			-	2.13	1.61	8.31
SURPLUS/DEFICIT		-	2.13	(0.51)	6.70	25.09
CLOSING BALANCE		-	2.13	1.61	8.31	33.40
Project for Cultivation of  Sapota( With Drip Irrigation)					(Rs In Thousands)
PROJECTED BALANCE SHEET
PARTICULARS		Year 0	Year I	Year II	Year III	Year IV
LIABILITIES
FARMER'S SHARE		87.5	87.5	87.5	87.5	87.5
CAPITAL SUBSIDY		35.0	35.0	35.0	35.0	35.0
RESERVES & SURPLUSES		-	(5.7)	(4.5)	3.9	30.7
TERM LOAN		52.5	52.5	43.0	33.4	23.9
WC		-	-	-	-	-
TOTAL		175.0	169.3	161.0	159.8	177.1
ASSETS
FIXED ASSETS		175.0	175.0	167.2	159.4	151.5
LESS DEPRECIATION			7.8	7.8	7.8	7.8
NET BLOCK		175.0	167.2	159.4	151.5	143.7
CURRENT ASSETS		-	-	-	-	-
PRELIMINARY EXP.NOT W/O		-	-	-	-	-
CASH & BANK BALANCE
			2.1	1.6	8.3	33.4
TOTAL		175.0	169.3	161.0	159.8	177.1
		-	0.0	-	(0.0)	(0.0)
Project for Cultivation of  Sapota( With Drip Irrigation)
PROJECTED PROFIT AND LOSS ACCOUNT					(Rs In Thousands)
		Year I	Year II	Year III	Year IV	Year V
SALES REALISATION		40.0	50.0	60.0	80.0	80.0
TOTAL COSTS		31.6	34.7	37.7	40.5	40.5
GROSS PROFIT		8.4	15.4	22.3	39.5	39.5
DEPRECIATION		7.8	7.8	7.8	7.8	7.8
PRE-OPERATIVE EXPENSES W/O		-	-	-	-	-
INTEREST ON TERM LOAN		6.3	6.3	6.0	4.9	3.7
PROFIT BEFORE TAX		(5.7)	1.2	8.4	26.8	28.0
TAXES		-	-	-	-	-
PROFIT AFTER TAX		(5.7)	1.2	8.4	26.8	28.0
DIVIDEND		-	-	-	-	-
RETAINED PROFIT		(5.7)	1.2	8.4	26.8	28.0
NET CASH ACCRUALS		2.1	9.0	16.3	34.6	35.8
PROFIT & LOSS ACCOUNT
OPENING BALANCE		0.0	-5.7	-4.5	3.9	30.7
CLOSING BALANCE		-5.7	-4.5	3.9	30.7	58.7
Project for Cultivation of  Sapota( With Drip Irrigation)
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	Year X I	Year X II	Year X III	Year X IV	Year X V	TOTAL
CAPITAL COST		175.0		-
GROSS REVENUE		40.0	50.0	60.0	80.0	80.0	80.0	80.0	80.0	80.0	80.0	80.0	80.0	80.0	80.0	80.0
PROD & OTHER COSTS		31.6	34.7	37.7	40.5	40.5	40.5	40.5	40.5	40.5	40.5	40.5	40.5	40.5	40.5	40.5
Salvage Value																57.49
GROSS SURPLUS		-166.6	15.4	22.3	39.5	22.3	22.27	39.5	39.51	39.51	39.5	39.5	39.5	39.5	39.5	97.0
DF @ 15%		0.870	0.756	0.658	0.572	0.497	0.432	0.376	0.327	0.284	0.247	0.215	0.187	0.163	0.141	0.123
PW @ 15%		-144.8	11.6	14.6	22.6	11.1	9.6	14.9	12.9	11.2	9.8	8.5	7.4	6.4	5.6	11.9	-26.54
DF @ 30%		0.769	0.592	0.455	0.350	0.269	0.234	0.204	0.177	0.154	0.134	0.116	0.101	0.088	0.077	0.067
PW @ 30%		-128.1	9.1	10.1	13.8	6.0	5.2	8.0	7.0	6.1	5.3	4.6	4.0	3.5	3.0	6.5	-57.45
		IRR  =	16.57
DF @ 11%		0.901	0.812	0.731	0.659	0.593	0.535	0.482	0.434	0.391	0.352	0.317	0.286	0.258	0.232	0.209
PW  OF OPERATIONAL CASH FLOW		7.6	12.5	16.3	26.0	23.4	21.1	19.0	17.1	15.4	13.9	12.5	11.3	10.2	9.2	8.3	223.90
NPV OF OERATIONAL CASH FLOW		223.9
INITIAL INVESTMENT		175.0
BENEFIT COST RATIO		1.3
Project for Cultivation of  Sapota( With Drip Irrigation)
BREAK EVEN ANALYSIS
				(Rs In Thousands)
PARTICULARS					Year III
				(At Optimum Level)
GROSS SALES					60.0
FIXED COST(INCL DEP.& INT.)					51.6
VARIABLE COST					0.0
CONTRIBUTION					60.0
BREAK EVEN POINT (%)					86.0
CASH BEP (%)					72.9
Project for Cultivation of  Sapota( With Drip Irrigation)
DEBT SERVICE COVERAGE RATIO				(Rs In Thousands)
		Year I	Year II	Year III	Year IV	Year V	Year VI	Year VII
NET PROFIT after tax		-5.7	1.2	8.4	26.8	28.0	28.0	28.0
DEPRECIATION		7.8	7.8	7.8	7.8	7.8	7.8	7.8
PRELIMINARY EXP.W/O ADDED BACK		0.0	0.0	0.0	0.0	0.0	0.0	0.0
INTEREST		6.3	6.3	6.0	4.9	3.7	2.6	0.9
TOTAL		8.4	15.4	22.3	39.5	39.5	38.4	36.6
TERM LOAN INTEREST		6.3	6.3	6.0	4.9	3.7	2.6	0.9
TERM LOAN REPAYMENT		0.0	9.5	9.5	9.5	9.5	9.5	4.8
TOTAL		6.3	15.8	15.6	14.4	13.3	12.1	5.6
DSCR		1.3	1.0	1.4	2.7	3.0	3.2	6.5
AVERAGE DSCR					2.41
Project for Cultivation of  Sapota( With Drip Irrigation)
PAY BACK PERIOD					(Rs In Thousands)
PARTICULARS			Year I	Year II	Year III	Year IV
CAPITAL INVESTMENT			175.0
NET CASH ACCRUALS			2.1	9.0	16.3	34.6
CUMULATIVE INCOME			2.1	11.2	27.4	62.1
		PAYBACK PERIOD		12.06	YEARS
Project for Cultivation of  Sapota( With Drip Irrigation)
COST OF PRODUCTION & PROFITABILITY					( Rupees In thousands)
PARTICULARS			Year I	Year II	Year III	Year IV	Year V to XV
INCOME			40.0	50.0	60.0	80.0	80.0
Sales			40.0	50.0	60.0	80.0	80.0
COST			31.6	34.7	37.7	40.5	40.5
VARIABLE			-	-	-
FREIGHT			-	-	-
FIXED			31.6	34.7	37.7	40.5	40.5
MANURE/FERTILIZERS/CHEMICALS			16.0	17.0	18.0	18.0	18.0
DIRECT LABOUR COST			1.8	1.8	1.8	1.8	1.8
OTHER COST			3.6	3.6	3.6	3.6	3.6
HARVESTING & TRANSPORTATION COST			9.7	11.8	13.9	16.6	16.6
GENERAL EXPENSES			0.5	0.5	0.5	0.5	0.5
GROSS PROFIT			8.4	15.4	22.3	39.5	39.5
DEPRECIATION			7.8	7.8	7.8	7.8	7.8
INTEREST -TERM LOAN			6.3	6.3	6.0	4.9	3.7
PRE- OPERATIVE EXP.W/O			-	-	-	-	-
PROFIT BEFORE TAX			(5.7)	1.2	8.4	26.8	28.0
TAXES			-	-	-	-	-
PROFIT AFTER TAXES			(5.7)	1.2	8.4	26.8	28.0
DIVIDEND %			-	-	-	-	-
DIVIDEND AMOUNT			-	-	-	-	-
RETAINED PROFIT			(5.7)	1.2	8.4	26.8	28.0
NET CASH ACCRUAL			2.1	9.0	16.3	34.6	35.8