Project for setting up Papaya crop
CASH FLOW STATEMENT
						(Rs In Thousands)
PARTICULARS		Year 0	Year I	Year II	Year III
SOURCES OF FUNDS
INCREASE IN FARMER'S SHARE		62.50	-	-	-
NET PROFIT		-	(16.85)	81.67	63.96
INCREASE IN SUBSIDY		25.00	-	-	-
DEPRECIATION			12.35	12.35	12.35
PRELIMINARY EXP.W/O			-	-	-
INCREASE IN  TERM LOAN		37.50	-	-	-
INCREASE IN WC		-	-	-	-
	TOTAL	125.00	(4.50)	94.01	76.31
DEPLOYMENT
INCREASE IN FIXED ASSETS		125.00	-	-	-
PRELIMINARY EXPENSES		-	-	-	-
DECREASE IN TERM LOAN		-	-	6.82	6.82
INCREASE IN CURRENT ASSETS		-	-	-	-
INTEREST PAYMENT			-	-	-
TAXES			-	-	-
DIVIDEND			-	-	-
TOTAL		125.00	-	6.83	6.83
OPENING BALANCE			-	(4.50)	82.68
SURPLUS/DEFICIT		-	(4.50)	87.19	69.48
CLOSING BALANCE		-	(4.50)	82.68	152.16
Project for setting up Papaya crop						(Rs In Thousands)
PROJECTED BALANCE SHEET
PARTICULARS		Year 0	Year I	Year II	Year III
LIABILITIES
FARMER'S SHARE		62.5	62.5	62.5	62.5
CAPITAL SUBSIDY		25.0	25.0	25.0	25.0
RESERVES & SURPLUSES		-	(16.8)	64.8	128.8
TERM LOAN		37.5	37.5	30.7	23.9
WC		-	-	-	-
TOTAL		125.0	108.2	183.0	240.1
ASSETS
FIXED ASSETS		125.0	125.0	112.7	100.3
LESS DEPRECIATION			12.3	12.3	12.3
NET BLOCK		125.0	112.7	100.3	88.0
CURRENT ASSETS		-	-	-	-
PRELIMINARY EXP.NOT W/O		-	-	-	-
CASH & BANK BALANCE
			(4.5)	82.7	152.2
TOTAL		125.0	108.2	183.0	240.1
		-	0.0	-	(0.0)
Project for setting up Papaya crop
PROJECTED PROFIT AND LOSS ACCOUNT						(Rs In Thousands)
		Year I	Year II	Year III
SALES REALISATION		-	135.0	112.5
TOTAL COSTS		-	36.7	32.7
GROSS PROFIT		-	98.3	79.8
DEPRECIATION		12.3	12.3	12.3
INTEREST ON TERM LOAN		4.5	4.3	3.5
PROFIT BEFORE TAX		(16.8)	81.7	64.0
TAXES		-	-	-
PROFIT AFTER TAX		(16.8)	81.7	64.0
DIVIDEND		-	-	-
RETAINED PROFIT		(16.8)	81.7	64.0
NET CASH ACCRUALS		(4.5)	94.0	76.3
PROFIT & LOSS ACCOUNT
OPENING BALANCE		0.0	-16.8	64.8
CLOSING BALANCE		-16.8	64.8	128.8
Project for setting up Papaya 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		125.0		-	22.5			22.50			22.50
GROSS REVENUE		0.0	135.0	112.5	0.0	135.0	112.5	0.0	135.0	112.5	0.00
PROD & OTHER COSTS		0.0	36.7	32.7	0.0	36.7	32.7	0.0	36.7	32.7	0.00
Salvage Value					0.0						0.00
GROSS SURPLUS		-125.0	98.3	79.8	-22.5	98.3	79.8	-22.5	98.3	79.8	-22.5
DF @ 15%		0.870	0.756	0.658	0.572	0.497	0.432	0.376	0.327	0.284	0.247
PW @ 15%		-108.7	74.3	52.5	-12.9	48.9	34.5	-8.5	32.1	22.7	-5.6	129.41
DF @ 30%		0.769	0.592	0.455	0.350	0.269	0.234	0.204	0.177	0.154	0.134
PW @ 30%		-96.2	58.2	36.3	-7.9	26.5	18.7	-4.6	17.4	12.3	-3.0	57.72
		IRR  =	28.37
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		0.0	79.8	58.3	0.0	58.3	42.7	0.0	42.7	31.2	0.0	312.98
NPV OF OERATIONAL CASH FLOW		313.0
INITIAL INVESTMENT		125.0
BENEFIT COST RATIO		2.5
Project for setting up Papaya crop
BREAK EVEN ANALYSIS
				(Rs In Thousands)
PARTICULARS					Year III
				(At Optimum Level)
GROSS SALES					112.5
FIXED COST(INCL DEP.& INT.)					48.5
VARIABLE COST					0.0
CONTRIBUTION					112.5
BREAK EVEN POINT (%)					43.1
CASH BEP (%)					43.1
Project for setting up Papaya crop
DEBT SERVICE COVERAGE RATIO				(Rs In Thousands)
		Year I	Year II	Year III
NET PROFIT after tax		-16.8	81.7	64.0
DEPRECIATION		12.3	12.3	12.3
PRELIMINARY EXP.W/O ADDED BACK		0.0	0.0	0.0
INTEREST		4.5	4.3	3.5
TOTAL		0.0	98.3	79.8
TERM LOAN INTEREST		4.5	4.3	3.5
TERM LOAN REPAYMENT		0.0	6.8	6.8
TOTAL		4.5	11.1	10.3
DSCR		0.0	8.8	7.8
AVERAGE DSCR					6.87
Project for setting up Papaya crop
PAY BACK PERIOD					(Rs In Thousands)
PARTICULARS			Year I	Year II	Year III
CAPITAL INVESTMENT			125.0		0.0
NET CASH ACCRUALS			-4.5	94.0	76.3
CUMULATIVE INCOME			-4.5	89.5	165.8
		PAYBACK PERIOD		2.45	YEARS
Project for setting up Papaya crop
COST OF PRODUCTION & PROFITABILITY					( Rupees In thousands)
PARTICULARS			Year I	Year II	Year III
INCOME			-	135.0	112.5
Sales			-	135.0	112.5
COST			-	36.7	32.7
VARIABLE			-	-	-
FREIGHT			-	-	-
FIXED			-	36.7	32.7
PLANTING MATERIAL			-	-	-
MANURE/FERTILIZERS/CHEMICALS			-	7.1	7.1
DIRECT LABOUR COST			-	4.9	4.9
OTHER COST			-	3.6	3.6
HARVESTING & TRANSPORTATION COST			-	20.6	16.6
GENERAL EXPENSES			-	0.5	0.5
GROSS PROFIT			-	98.3	79.8
DEPRECIATION			12.3	12.3	12.3
INTEREST -TERM LOAN			4.5	4.3	3.5
PRE- OPERATIVE EXP.W/O			-	-	-
PROFIT BEFORE TAX			(16.8)	81.7	64.0
TAXES			-	-	-
PROFIT AFTER TAXES			(16.8)	81.7	64.0
DIVIDEND %			-	-	-
DIVIDEND AMOUNT			-	-	-
RETAINED PROFIT			(16.8)	81.7	64.0
NET CASH ACCRUAL			(4.5)	94.0	76.3