MANGO: annexure-I

ESTIMATED PROJECT COST

(Rs. in
thousand)

Total
Sr. No.
Particulars
1
LAND & SITE DEVELOPMENT
LAND
Cost of Development
Land Development
Levelling & Dressing
Fencing & Gates
2

BUILDING
Store / Pump House
Labour Shed

Scale

Unit Cost

Acre

Qty

Cost
1

Acre
Per Rft.

4000
35

1
846
Sub Total

4
29.6
33.6

Sq Ft.
Sq Ft.

150
100

100
50
Sub Total

15
5
20

25000
20000
25000
5400

1
1
1
1
Sub Total

25
20
25
5.4
75.4

Sub Total
TOTAL

4.2
2
7
3.6
7.2
21
150

PLANT & MACHINERY

Irrigation system
Borewell
Nos.
SIP sets & Electrical Installation
LS
Drip Irrigation inc. Fertigation systemLS
Farm Equipment Machinery
LS
COST OF CULTIVATION
Land Preparation / Planting
Planting Material
Input Cost
Power Cost
Other Farm Operations

MANGO: annexure-II
COST OF PRODUCTION & PROFITABILITY

Particulars

Year-I
Income
50
Sales
50
Cost
24.5
Fixed
24.5
Manure/fertilizers/chemicals
10
Direct Labour cost
4.2
Other cost
3.6
Harvesting & transportation cost
6.2
General expenses
0.5
Gross profit
25.5
Depreciation
6.8
Interest -term loan
5.4
Pre-operative Exp. W/O
Profit before tax
13.3
Taxes
Profit After Taxes
13.3
Retained Profit
13.3
Net cash Accrual
20.1

Year-II
60
60
25.6
25.6
10
4.2
3.6
7.3
0.5
34.4
6.8
5.4
22.2
22.2
22.2
29

Year-III
70
70
26.7
26.7
10
4.2
3.6
8.4
0.5
43.3
6.8
5.2
31.3
31.3
31.3
38.1

(Rs. in thousand)
Year-IV Year-V to XV
70
70
70
70
26.7
26.7
26.7
26.7
10
10
4.2
4.2
3.6
3.6
8.4
8.4
0.5
0.5
43.3
43.3
6.8
6.8
4.2
3.2
32.3
33.3
32.3
33.3
32.3
33.3
39.1
40.1

n thousand)
ear-V to XV

MANGO: annexure-III
DEVELOPMENT COST
(Rs. in thousand)

Development Expenses (Rupees in th

Year II

Year I
Particulars

Scale

Rate in RS.Units in Nos. / Kg.

Amt.

Units in Nos. / Kg.

Year III
Amt.

Units in Nos. / Kg.

A. Planting Material
Plants

Nos.

30

63

1.89

10

0.3

1.89

0.3

B. Manures / Fertilizers/ Chemicals

Manure / Fertilizers / Chemicals

LS

PP Chemicals (Malathion)

LS

C. Labour Cost
Mandays

70

60

4.2

Inter-Cultural & Other Farm Operation Mandays

70

60

4.2

60

4.2

60

Land Preparation & Planting

8.4

4.2

D. Other Cost
Power Charges

Unit

Intercropping Cost

1800

3.6

3.6
3.6

10

20.89

25.1

Per Acre

Grand Total

1800

3.6

1800

Revenue / Yield
Intercropping

Per Ton

5000

Net Revenue

25

-0.1

annexure-III A
RECURRING
PRODUCTION COST
(Rs. in thousand)
Recurring Expenses
Year II

Year I
Particulars

Scale

Rate in RS.Units in Nos. / Kg.

Amt.

Units in Nos. / Kg.

Year III
Amt.

Units in Nos. / Kg.

A. Manures / Fertilizers/ Chemicals

Manure / Fertilizers / Chemicals

LS

PP Chemicals (Malathion)

LS

10

10

B. Labour Cost
Land Preparation & Planting
Inter-Cultural & Other Farm Operation Mandays

70

60

4.2

60

4.2

4.2

60

4.2

C. Other Cost
Power Charges

Unit

1800

3.6

1800

3.6

3.6

1800

3.6

D. Harveting & Transportation Cost

Harvesting / Grading / Packing

Mandays

70

10

0.7

10

0.7

10

Packing

Per Ton

1000

Transportation

Per Ton

100

0.5

0.6

6.2

7.3

0.5

0.5

E. Contingency & Unforeseen Expenses

General Expenses

LS

500

Grand Total

0.5

0.5

24.5

25.6

Revenue
Sales
Grand Total

Rs/Ton

10000

50
50

60
60

ment Expenses (Rupees in thousand)

Year III

Year IV
Amt.

Units in Nos. / Kg.

Total
Developmen
t Expenses

Year V to XV
Amt.

Units in Nos. / Kg.

Amt.

2.19

2.19

30

10

40
4.2

4.2

60

4.2

60

4.2

21

4.2

25.2

3.6

18
18

4.2
3.6

4.2
1800

3.6

1800

3.6

3.6

3.6

10

10

10

40

26.8

125.39

25

100

-1.8

-4.5

25.8
25

26.8
5

25

-0.8

-1.8

Recurring Expenses
Year III

Year IV
Amt.

Units in Nos. / Kg.

Year V to XV
Amt.

Units in Nos. / Kg.

Amt.

10

10

10

4.2

60

4.2
3.6

60

4.2
1800

3.6
0.7

4.2

3.6

4.2
1800

3.6
10

0.7

4.2

3.6
3.6

10

0.7

0.7

0.7

0.7

8.4

8.4

8.4

0.5

0.5

0.5

0.5

0.5

0.5

26.7

26.7

26.7

70
70

70
70

70
70

MANGO: annexure-IV
PROJECTED BALANCE SHEET
(Rs. in thousands)

Particulars
Year 0
LIABILITIES
Farmer's Share
75
Capital Subsidy
30
Reserves & Surpluses
Term Loan
45
Total
150
ASSETS
Fixed Assets
Less Depreciation
Net Block
Cash & Bank Balance
Total

150
150
150

Year I

Year II

Year III

Year IV

75
30
13.3
45
163.3

75
30
35.5
36.8
177.3

75
30
66.8
28.6
200.4

75
30
99.1
20.5
224.5

150
6.8
143.2
20.1
163.3

143.2
6.8
136.4
40.9
177.3

136.4
6.8
129.6
70.9
200.4

129.6
6.8
122.7
101.8
224.5

MANGO: annexure-V
CASH FLOW STATEMENT
(Rs. in thousand)

PARTICULARS
Year 0
SOURCES OF FUNDS
Increase in Farmer's Share
75
Net Profit
Increase in Subsidy
30
Depreciation
Increase in Term Loan
45
Total
150
DEPLOYMENT
Increase in Fixed Assets
Decrease in Term Loan
Total
Opening Balance
Surplus/Deficit
Closing Balance

Year I

Year II

Year III

Year IV

13.28
6.82
20.1

22.18
6.82
29

31.32
6.82
38.15

32.31
6.82
39.13

150
150

8.18
8.19

8.18
8.19

8.18
8.19

20.1
20.1

20.1
20.81
40.9

40.9
29.95
70.85

70.85
30.94
101.79

MANGO: annexure-VI
PROJECTED PROFIT AND LOSS ACCOUNT
(Rs. in thousands)

Particulars
Year I
Sales Realisation
50
Total Costs
24.5
Gross Profit
25.5
Depreciation
6.8
Pre-Operative Expenses W/O
Interest on Term Loan
5.4
Profit before Tax
13.3
Taxes
Profit after Tax
13.3
Retained Profit
13.3
Net Cash Accruals
20.1

Year III Year IV

Year II
70
70
60
26.7
26.7
25.6
43.3
43.3
34.4
6.8
6.8
6.8
5.2
4.2
5.4
31.3
32.3
22.2
31.3
32.3
22.2
31.3
32.3
22.2
38.1
39.1
29

Year V
70
26.7
43.3
6.8
3.2
33.3
33.3
33.3
40.1

PROFIT & LOSS ACCOUNT

Opening Balance
Closing Balance

0
13.3

13.3
35.5

35.5
66.8

66.8
99.1

99.1
132.4

MANGO: annexure-VII
REPAYMENT OF TERM LOAN
Term Loan
Moratorium
Repayment
Installment Amount
Installment Nos.
Interest Rate

Rs.45.00 thousand
72 Months
5 Years
Rs.4.09 thousand
11
12%

(Rs. In thousand)
Year
Year 0

Principal
Amount
45

Interest
Installment Outstanding
0

Half

Yearly

45

2.7

2.7

45

5.4
5.4

2
Year 1

45

0
0

45

2.7

Year 2

45

45

2.7

45

45

2.7

5.4

Year 3

45

45

2.7

5.4

45

45

2.7

Year 4

45

45

2.7

45

45

2.7

Year 5

45

45

2.7

45

45

2.7

Year 6

45

45

2.7

45

45

2.7

45

4.09

40.91

2.45

40.91

4.09

36.82

2.21

Year 8

36.82

4.09

32.73

1.96

32.73

4.09

28.64

1.72

Year 9

28.64

4.09

24.54

1.47

24.54

4.09

20.45

1.23

Year 10

20.45

4.09

16.36

0.98

16.36

4.09

12.27

0.74

12.27

4.09

8.18

0.49

2
5.4

2
5.4

2
5.15

2
Year 7
1

4.17

2
3.19

2
2.21

2
0.74

2
Year 11

0.25

8.18

4.09

4.09

0.25

4.09

4.09

2
Year 12
1

2
45

annexure-VII (A)
REPAYMENT SCHEDULE
(Rs. in thousand)

Particulars Year 1
Year 2
Year 3
Net Accruals 25.5
34.4
43.3
Interest Added Back
Loan- Balance at45
Year End
36.82
28.64
Bank Loan
45
36.82
28.64
Repayment (6years,
5.4 half13.58
yearly) 13.34
Principal
0
8.18
8.18
Bank Loan
0
8.18
8.18
Interest
5.4
5.4
5.15
Bank Loan
5.4
5.4
5.15
Net Surplus
20.1
20.82
29.96

Year 4
43.3

Year 5
43.3

20.45
20.45
12.35
8.18
8.18
4.17
4.17
30.95

12.27
12.27
11.37
8.18
8.18
3.19
3.19
31.93

MANGO: annexure-VIII
DEPRECIATION
(Rs. in thousand)

Particulars
Value
Buildings
53.6
Plant & Machinery
75.4
Cost of Plantation
21
Total
150

Total
53.6
75.4
21
150

Depreciation
(%)
Amount
3.34
1.79
5.28
3.98
5
1.05
6.82

DISCOUNTED CASHFLOW STATEMENT

Particulars

Year I

Capital Cost
Gross Revenue
Prod & Other Costs

Year II

150

Year III
-

Year IV
-

Year V
-

Year VI
-

Year VII
-

50

60

70

70

70

70

70

24.5

25.6

26.7

26.7

26.7

26.7

26.7

Salvage Value
Gross Surplus
DF @ 15%

-124.5

34.4

43.3

43.3

43.3

43.3

43.3

0.87

0.756

0.658

0.572

0.497

0.432

0.376

PW @ 15%

-108.3

26

28.5

24.8

21.5

18.7

16.3

DF @ 30%

0.769

0.592

0.455

0.35

0.269

0.234

0.204

PW @ 30%

-95.8

20.4

19.7

15.2

11.7

10.1

8.8

0.812

0.731

0.659

0.593

0.535

0.482

27.9

31.7

28.5

25.7

23.1

20.9

IIR
DF @ 11%

32.59
0.901

PW of Operational Cash flow

23
NPV of Operational Cash
288.1
flow
Initial Investment

150

Benefit Cost Ratio

1.9

MANGO: annexure-IX

(Rs. in thousand)
Year VIII

Year X

Year IX

Year XI

Year XII

Year XIII

Year XIV

Year XV

Total

70

70

70

70

70

70

70

70

26.7

26.7

26.7

26.7

26.7

26.7

26.7

26.7

43.3

43.3

43.3

43.3

43.3

43.3

43.3

91

0.327

0.284

0.247

0.215

0.187

0.163

0.141

0.123

14.2

12.3

10.7

9.3

8.1

6.1

11.2

0.177

0.154

0.134

0.116

0.101

0.088

0.077

0.067

7.7

6.7

5.8

4.4

3.8

3.3

6.1

0.434

0.391

0.352

0.317

0.286

0.258

0.232

0.209

16.9

15.2

13.7

12.4

11.2

10

18.8

64.67
10.21

288.11

MANGO: annexure-X
DEBT SERVICE COVERAGE RATIO
Particulars
Year I
Net Profit after tax
13.3
Depreciation
6.8
Preliminary Exp. W/O Added Back
0
Interest
5.4
Total
25.5
Term Loan Interest
5.4
Term Loan Repayment
0
Total
5.4
DSCR
4.7
AVERAGE DSCR

Year II
Year III Year IV Year V Year VI
31.3
32.3
33.3
33.3
22.2
6.8
6.8
6.8
6.8
6.8
0
0
0
0
0
5.2
4.2
3.2
2.2
5.4
43.3
43.3
43.3
42.3
34.4
5.2
4.2
3.2
2.2
5.4
8.2
8.2
8.2
8.2
8.2
13.3
12.4
11.4
10.4
13.6
3.2
3.5
3.8
4.1
2.5
3.83

ANGO: annexure-X

Year VII
33.3
6.8
0
0.7
40.8
0.07
4.1
4.8
8.5

MANGO: annexure-XI
PAY BACK PERIOD
(Rs. in thousand)

Particulars
Year I
Capital Investment
150
Net Cash Accruals
20.1
Cumulative Income
20.1

Payback Period

Year III

Year II
29
49.1

38.1
87.2

4.63 Years

Year IV
39.1
126.4

MANGO: annexure-XIi
BREAK EVEN ANALYSIS
(Rs. in thousands)

Year III
Particulars
(At Optimum Level)
Gross Sales
70
Fixed Cost (incl. Dep. & Int.)
38.7
Variable Cost
0
Contribution
70
Break Even Point (%)
55.3
Cash BEP (%)
45.5