PROFIT AND LOSS A/C FOR THE YEAR ENDED 31.3.

2009 and 2010

Particulars

Sche
no

Year ended
31.03.2009

Year ended
31.03.2010

Sales a/c

234,174,009

316,910,143

Indirect income

15,457,672

13,138,200

10,543,551

12,541,743

260175232

342,590,086

16,307,540
187,466,210
12,196,925
24,520,576
14,228,710

10,543,551
266,404,390
15,645,699
30,789,015
10,738,453

254,719,960

334,121,108

Profit before depreciation

Depreciation for the year
Profit for the year

5,455,272
2,694,803

8,468,978
3,999,249

2,760,469

4,469,729

Provision for income tax

1,012,433

1,748,036

4,469,729

Closing stock

Opening stock
Purchase
Direct expenses
Indirect expenses
Finance charge

N
O
P
Q

BALANCE SHEET AS AT 31ST MARCH 2010

Particulars

Sche
no

Year ended
2010

Year ended
2009

F M. Farook- capital account

5550000

5550000

F.M. Farook-current account

3531300

6588902

Secured loan

102275859

104099399

111357159

116238301

33460981
3999249
29461732
31784020

26137243
2694803
23442440
26273893

19195975
157532
12541743
1384143
30069008
63348401

31111580
261267
10543551
1364297
29578749
72859443

11789672
1447322
13236995

3570180
2767295
6337475

50111406

66521968

111357159

116238301

SOURCE OF FUNDS

APPLICATION OF FUNDS
Fixed assets
Less: Depreciation

Investments

Current assets-loans and advances

Cash and bank balance
Sundry debtors
Closing stock
Deposits
Loans and advances

Less:current liabilities
Sundry creditors
Provisions
Net current assets

F
G
H
I

J
K

Profit and loss account for the year ended 31.03.2011 and 2012

particulars

Sche
no

Year ended
2011

Year ended
2012

Sales account

454534700

703978950.86

Indirect income

15079644.61

38186431.59

Closing stock

13257041

29418850

482871385.94

771584232.45

Opening stock

12541743

13257041

Purchase

387924657.69

640453702.97

Direct expenses

21351064.32

29934793.28

Indirect expenses

37573872.76

52769645.78

Finance charge

12610010.91

18134592.42

472001348.68

754549775.45

Profit before depreciation

10870037.26

17034457

Depreciation for the year

4965427.47

6054893

Profit for the year

5904609.79

10979564

Provision for income tax

5904609.79

10979564

Balance sheet as at 2011 and 2012

Particulars

Sche
no

Year ended
2011

Year ended
2012

F M. Farook- capital account

5550000

5550000

F.M. Farook-current account

21351360

17718757.59

Secured loan

80862846

118300580.07

107764206

141569337.66

SOURCE OF FUNDS

APPLICATION OF FUNDS
Fixed assets
Less:Depreciation

42407169
4965427
37441742

47016769.73
6054892
40961876.79

Investments

21525652

7617653

Current assets-loans and advances

Cash and bank balance
Sundry debtors
Closing stock
Deposits
Loans and advances

F
G
H
I

2505038
9515746
13257041
1382999
31017844

17621235.63
24015860.97
29418850
1387999
36531212.27

57678668

108975157.87

7395403
1486452
8881855

14092133
1893215
15985349

48796812

92989808

107764206

141569338

Less:current liabilities
Sundry creditors
Provisions
Net current assets

J
K

Profit and loss account for the year ended 2013 and 2014

particulars

Sche
no

Year ended
2013

Year ended
2014

Sales account

1031839389.5

1629371814.87

Indirect income

49128553.61

63113822.58

Closing stock

12466380

18537212

1093434323.11

1711022849.45

Opening stock

29418850

12466380

Purchase

924515651.52

1508484859.2

Direct expenses

38904452.74

44828194.19

Indirect expenses

63768176.5

94117676.39

Finance charge

17429622.4

22263849.62

1074036753.16

1682160959.40

Profit before depreciation

19397569.95

28861890.05

Depreciation for the year

7239579.95

9768792.93

Profit for the year

12157990

19093097.12

Provision for income tax

4573925

7186523

7584065

11906574.12

BALANCE SHEET AS AT 2013 AND 2014

Particulars

Sche
no

Year ended
2014

Year ended
2013

F M. Farook- capital account

5550000

5550000

F.M. Farook-current account

31675927

26354506

Secured loan

120407379

102328867

157633306

134233373

SOURCE OF FUNDS

APPLICATION OF FUNDS
Fixed assets
Less:Depreciation

73830289.44
9768792.93
64061497

55396999.14
7239579.95
48157419

Investments

1947433

7882733

Current assets-loans and advances

Cash and bank balance
Sundry debtors
Closing stock
Deposits
Loans and advances

F
G
H
I

15002133
51071041
18537212
1564698
82368667

6953350
12784329
12466380
1362999
73400138

168543751

106967196

67098359
9821016
76919375

22867848
5906127
28773975

91624376

78193221

157633306

134233373

Less:current liabilities
Sundry creditors
Provisions
Net current assets

J
K

Comparative balance sheet for the year 2010 and 2011

Particulars

Year
Year
INCREASE/DECR
ended
ended
EASE
2010
2011

SOURCE OF FUNDS
F M. Farook- capital
account
F.M. Farook-current
account

5550000

Secured loan

3531300

5550000
2135136
0

0
17820060

1022758
59

8086284
6

-21413013

111357
159

107764
206

-3592953

3346098
1

4240716
9

8946188

3999249
2946173
2

4965427
3744174
2

7980010

3178402
0

2152565
2

-10258368

% OF
CHANGE

0%
504.6317
22
20.93652
716
3.226512
81

APPLICATION OF FUNDS
Fixed assets
Less: Depreciation

Investments
Current assets-loans and
advances
Cash and bank
balance
Sundry debtors
Closing stock
Deposits
Loans and
advances
Less:current liabilities
Sundry creditors
Provisions
Net current assets

966178

26.73617
967
24.15898
585
27.08601
789
32.27523
768

0
1919597
5

2505038

-16690937

157532
1254174
3

9515746
1325704
1

9358214

1384143
3006900
8

1382999
3101784
4

-1144

1178967
2
1447322
1323699
5
501114

715298

948836

86.95019
138
5940.516
213
5.703338
045
0.082650
42
3.155528
111

7395403

-4394269

1486452

39130

37.27219
044
2.703613
985

8881855
487968

-1314594

0
-

06

2.62334
2877

12

Comparative balance sheet for the years 2011 and 2012

Particulars
SOURCE OF FUNDS
F M. Farook- capital
account
F.M. Farook-current
account
Secured loan

YEAR ENDED
2011

YEAR
ENDED 2012

5550000

5550000

21351360

17718757.59

INCREASE/ DECREASE

0
-3632602.41

80862846

118300580.1

107764206

141569337.7

42407169

47016769.73

4965427

6054892

37441742

40961876.79

21525652

7617653

37437734.07
33805131.66

% OF CHANGE

0
17.01344
743
46.29781
899
31.36953
624

APPLICATION OF FUNDS
Fixed assets
Less:Depreciation

Investments
Current assets-loans and
advances
Cash and bank
balance
Sundry debtors
Closing stock

4609600.73
1089465
3520134.79
-13907999

2505038

17621235.63

9515746

24015860.97

13257041

29418850

15116197.63
14500114.97
16161809

10.86986
196
21.94101
333
9.401631
981
64.61127
867
603.4318
693
152.3802
229
121.9111

Deposits
Loans and
advances

1382999

1387999

31017844

36531212.27

57678668

108975157.9

7395403

14092133

1486452

1893215

8881855

15985349

48796812

92989808

5513368.27

339
0.361533
161
17.77482
752

51296489.87

88.93494
189

5000

Less:current liabilities
Sundry creditors
Provisions

Net current assets

90.55260
41
27.36469
122
79.97759
477
90.56533
447

6696730
406763
7103494
44192996

COMPARITIVE BALANCE SHEET FOR THE YEARS 2012 AND 2013

Particulars
SOURCE OF FUNDS
F M. Farook- capital account

2012

INCREASE/DECREAS

2013 E
5550000

F.M. Farook-current account

5550000
17718757
.59

102328867

Secured loan

11830058
0.1
14156933
7.7

134233373

26354506

APPLICATION OF FUNDS
Fixed assets

47016769
.73

55396999.14

0
8635748.41
-15971713.07
-7335964.66
0
8380229.41

% OF
CHANGE

0
48.7378890
2
13.5009592
2
5.18188809
9
17.8239157
2

Less:Depreciation

6054892

Investments
Current assets-loans and
advances

7617653

Cash and bank

balance
Sundry debtors
Particulars
SOURCE OF FUNDS
F M. Farook- capital account
Less:current liabilities
Sundry creditors
Provisions
Net current assets

7239579.95

1184687.95

7882733

265080
0

17621235
.63
24015860
.97

6953350
12784329

29834556
.56

12466380

28571925
.65
27309294
.73

1362999

14092133
1893215
92989808

73400138

-10667885.63
-11231531.97
-17368176.56
-27208926.65
46090843.27
0

22867848
5906127
78193221

8775715
4012912
-14796587

Comparative balance sheet-2013 and 2014

Particulars

19.5657982
3.47981195
8

2013

2014 increase/decreas

% OF

60.5399408
6
46.7671427
58.2149646
7
95.2295864
9
168.773466
62.2738587
6
211.962825
1
15.9120524
3

CHANGE

e
SOURCE OF FUNDS
F M. Farook- capital account
F.M. Farook-current account
Secured loan

5550000
2635450
6
1023288
67
1342333
73

5550000
31675927
120407379
157633306

APPLICATION OF FUNDS
Fixed assets
Less:Depreciation

5539699
9.1
7239579
.95

73830289.4
4
9768792.93

0
5321421
18078512
23399933
0
18433290.3
2529212.98

1947433
Investments
Current assets-loans and
advances
Cash and bank
balance
Sundry debtors
Closing stock
Deposits
Loans and advances
Less:current liabilities
Sundry creditors
Provisions
Net current assets

7882733

-5935300

0
20.19169
322
17.66706
945
17.43227
67
33.27488
959
34.93590
785
75.29495
164

0
6953350
1278432
9
1246638
0
1362999
7340013
8
2286784
8
5906127
7819322
1

15002133
51071041
18537212
1564698
82368667

67098359
9821016

91624376

8048783
38286712
6070832
201699
8968529
0
44230511
3914889
13431155

115.7540
322
299.4815
919
48.69763
315
14.79817
667
12.21868
139
193.4178
984
66.28521
534
17.17687
905

COMMON SIZE BALANCE SHEET

PARTICULARS
Sources of fund
F M Farook-cap a/c
F M Farook-currnt
a/c
secured loan
TOTAL
Application of
fund
fixed assets
investments
current assets(A);
cash&bank balance
sundry debtor
closing stock
deposits
loans and advances
current
liabilities(B);
sundry creditors
provisions
Net current
asset
TOTAL

2010(%
)

2011(%
)

2012(%
)

2013(%
)

2014(%
)

4.98

5.15

3.92

4.14

3.52

3.17
91.85
100

19.81
75.04
100

12.52
83.56
100

19.63
76.23
100

20.1
76.38
100

26.46
28.54

34.74
19.97

28.93
5.38

35.88
5.87

40.64
1.24

17.24
0.14
11.26
1.24
27

2.33
8.83
12.3
1.28
28.78

12.45
16.96
20.78
0.98
25.81

5.18
9.52
9.28
1.02
54.68

9.51
32.4
11.76
1
52.25

10.59
1.3

6.86
1.38

9.95
1.34

17.04
4.4

42.57
6.23

45
100

45.28
100

65.68
100

58.25
100

58.13
100