Projected Income Statement

Goat Meat Company

From 2075/76 to 77/78
Particulars Remarks FY 2075/76 FY 2076/77
Sales Revenue 11,215,625.00 17,482,031.25
Less: COGS 9,156,968.50 10,072,665.35
Gross Profit 2,058,656.50 7,409,365.90
Less: Admin Cost 3,789,166.40 4,156,083.04
Less: Financial Cost Int. inclusive 444,000.00 435,600.00
Less: Selling and Dist. Cost 160,000.00 192,000.00
Less: Depreciation 300,000.00 475,000.00
Profit before tax (2,634,509.90) 2,150,682.86
Subsidy consideration
on COGS 20% 1,831,393.70 PV of Profit
20% on other cost 846633.28
2,678,026.98
Profit/ (Loss) after Subsidy 43,517.08
 Tot. bank and Cash 3,345,751.88
Cash at hand 2400000 2400000
Bank Limit 60 Lakh 945,751.88
Current WC 5,054,248.12
Per day For six months
FY 2077/78 FY 2075/76
34,964,062.50
10,072,665.35 25,436.02 4,578,484.25
24,891,397.15
4,571,691.34 315,763.87 For one month
428,040.00 111,000.00 Quarterly
211,200.00 160,000.00 Whole at the beginning of the month
527,500.00
19,152,965.81
18,669,138.77
14,026,400.27
 FY 2075/76 FY 2076/77
Schedule-1: Sales Revenue Ref. for 2075/76 11,215,625.00 17,482,031.25
Live Goat 100 Nos @ Rs. 450/kg (30Kg) 1,350,000.00 2,700,000.00
Packed Meat 30 Kg per day @Rs. 800/kg 8,400,000.00 12,600,000.00
Processed Milk 2 Ltr per day, Rs. 20 / 10ml 1,400,000.00 2,100,000.00
Goat Manure 510 /4 = Avg. 125 65,625.00 82,031.25
No. of Goats 100 Live Goat, 400, 10
Schedule-2: COGS 9,156,968.50 10,072,665.35
Direct Expenses
Live goat 110 Live goat 495,000.00 544,500.00
For Packed Meat 400 Goat 2,700,000.00 2,970,000.00
For Processed Milk 10 Mother Goat 500,000.00 550,000.00
Goat food items 10 packed Grass @ 250, 300@40 2,275,000.00 2,502,500.00
Salary 10 @ Rs. 15000 per month 2,327,968.50 2,560,765.35
Food 10*100*365 365,000.00 401,500.00
Electricity, gas and others 10000+5000+4500+10000 354000 389,400.00
Bottle items 70000 140,000.00 154,000.00

Schedule-3: Admin Exp. 3,789,166.40 4,156,083.04

Manager's Salary 4 @ Rs. 40,000 per month 2,483,166.40 2,731,483.04
Tour Expenses 730,000.00 803,000.00
Tea and refreshment 240,000.00 264,000.00
Communication 4 @ 2000 96,000.00 105,600.00
House rent One flat @10000 per month 120,000.00 120,000.00
Miscellaneous 10000 per month 120,000.00 132,000.00

Schedule-4: Financial Cost

Interest cost 444,000.00 435,600.00
Interest on LT Loan 20 Lakh *70% Financing 84,000.00 75,600.00
Interest on ST Loan Rs. 60 Lakh @ 6% 360,000.00 360,000.00

Schedule-5: Selling & Dist. Cost 160,000.00 192,000.00

Promotional Cost
Flex Board 20 sq.ft. 100 60,000.00 72,000.00
Website 60,000.00 72,000.00
Facebook ad 10,000.00 12,000.00
Hoarding Board 30,000.00 36,000.00

Schedule-6: Depreciation 300,000.00 475,000.00

Building 20Lakh @ 5% 100,000.00 95,000.00
Vehicle 20 Lakh 200,000.00 380,000.00
FY 2077/78
34,964,062.50
5,400,000.00
25,200,000.00
4,200,000.00
164,062.50

10,072,665.35

544,500.00
2,970,000.00
550,000.00
2,502,500.00
2,560,765.35
401,500.00
389,400.00
154,000.00

4,571,691.34
3,004,631.34
883,300.00
290,400.00
116,160.00
132,000.00
145,200.00

428,040.00
68,040.00
360,000.00

211,200.00

79,200.00
79,200.00
13,200.00
39,600.00

527,500.00
185,500.00
342,000.00
COGS 9,156,968.50 Cash Credit
Live goat 495,000.00 445,500.00 49,500.00 A/P
For Packed Meat 2,700,000.00 2,430,000.00 270,000.00 A/P
For Processed Milk 500,000.00 500,000.00 -
Goat food items 2,275,000.00 1,365,000.00 910,000.00 A/P 227500
Salary 2,327,968.50 2,133,971.13 193,997.38 Salary Payables
Food 365,000.00 328,500.00 36,500.00
Electricity, gas and others 354,000.00 354,000.00
Bottle items 140,000.00 84,000.00 56,000.00 23,333.33

Sales 11,215,625.00 10,094,062.50 1,121,562.50 A/R

Stock/ Inv

Stock/ Inv