PROFITABILITY STATEMENT AS PER BSC 2009 - 11

BISLERI JAIPUR FOR THE MONTH-June -2010

YEAR TO DATE

ACTUAL ACTUAL

Particulars Jun-10 YTD June-10

INSTALLED CAPACITY (in litres) 2,246,400 4,492,800

PRODUCTION (in units) 166,307 324,420

PRODUCTION (in litres) 2,444,867 4,713,105

GROSS VOLUME SALES (in units)- Mfd.Items 165,566 312,321

GROSS VOLUME SALES (in units)- Trd. Items 39,513 48,608

GROSS VOLUME SALES (in litres)- Mfd. Items 2,432,715 4,523,983

CAPACITY UTILISATION (%) 109% 105%
In Rupees In Rupees
GROSS TURNOVER (At price to retailer) 12,283,700 33,129,606
Less : Discounts/Schemes 223,891 420,624
NET SALES BEFORE DISTRIBUTOR MARGINS 12,059,809 28,706,982
73
LESS : COST OF GOODS SOLD
Opening stock 5,775,574 4,095,407

Add : Purchases net of scheme cost (including F. Goods purchases) 5,742,448 16,716,893

Add : Manufacturing Cost 1,246,163 2,576,847

Electricity & Fuel 485,877 920,468
Production Salaries & Wages 567,434 1,149,291
Production Incentives - -
Repairs & Maintenance plant 122,564 302,475
Indirect Materials 33,576 110,350
BIS Marking Fees 36,712 94,263
Others - -

Less: Closing Stock 4,461,084 4,461,084 0

COGS (Cost of Goods sold) 8,303,101 18,928,063

Less: Selling Cost

Advertisement & Publicity -
Salaries & Wages 360,474 731,079
Sales Incentives/ Promotion 616,627 1,040,891
Royalty / Reimbursement of H.O. expenses 1,436,913 3,309,161
others (specify the details if more than 5% of net
sales) 54,032 149,543
TOTAL Selling Cost 2,468,046 5,230,674

Less: Distribution Cost

Distributor / Trade margins 4,002,000
Salaries & Wages (drivers, loaders, driver-cum-sal 85,154 223,072
Distribution Incentives -
Freight Outward 755,161 1,706,978
Vehicle fuel 352,956 597,936
Vehicle maintenance 70,450 338,945
others (specify the details if more than 5% of net
sales) 4,010 70,040
Total Distribution Cost 1,267,731 6,938,971

Less: Administration Cost

Salaries & Benefits 380,232 835,282
Printing & stationery 3,762 47,064
Telephone 52,080 22,778
Travelling & conveyance 54,018 66,219
Rent , Rates & Taxes - 20,218
Legal & professional fees - 3,500
others* (specify the details if more than 5% of net
sales) 5,356 85,363
Total admin cost 495,448 1,080,424

Add: Other Income* -

Cash profit (474,517) 530,850

Add: Other Income (Cum. Depreciation Written Back) - -

Less : Depreciation - 622,865

NET PROFIT (474,517) (92,015)

BISLERI INTERNATIONAL PVT LTD JAIPUR

TRIAL BALANCE 1.4.2010 TO 31.05.2010

Particulars DEBIT CREDIT

Sundry Debtors
Sundry Creditors
Advance to Supplier
Advance from Distributors
Security deposited
F.D with Dausa Court
Nirajan Gas ag (Gas Security)
R.S.E.B. Security
Security with AIRPORT AUTHORITY
Security to BIS
Advance to Employees
Advance Ag Expenses
Advance Ag Salary
Balance With Excise Department
P.L.A
R.G 23 PART 11
Cenvat Recevable
R.G 23 c PART 11
Service Tax
Advances recoverable in cash or in kind
Vat Reciable
Prepaid Expenses (Insurance)
Prepaid Expenses (Computers)
Prepaid Expenses (Fees & Sub.)
Insurance claim Receavable

Page 2 of 12
Other Liabilities
Bonus Payable
E.P.F Payable
E.S.I. Payable
Outstanding Liabilities
Salary & Wages Payable
Vat Payable
T.D.S. Payable
T.C.S. Payable
Unpaid Bonus
Advance Ag Fridze
Provision for Gratuty
Provision for leave encasement
Provision for L T A
Entry Tax Payable
Provision for Excise Duty
Provision for Expenses
Security of 5 Ltr
Security of 10 Ltr
Security of 20 Ltr Jar
Inter unite sales
Screp Sales 9,253
Excise ,Cess,service tax Payable
BRANCH &DIVISION
BIPL (H.O.)
BIPL (Delhi Office)
BIPL (Chandigarh)
BIPL (S.BAD)
BIPL (Rudrapur)
BIPL (RHOEXP)

Fixed Assets

Page 3 of 12
Cash at Bank
Cash in hand

BIS Payable
opening Stock
RESERVE & SURPLUS
Purchases
FINISHED GOOD PURCHASES 90,510
Cartons
Caps Purchase 3,142,588
Sleeves /Bopp LablePurchases
Other packing material
Pet Preforms Purchase
Printed Sheet
Water Purchases 19,350
Jars
inter unite purchases 2,153,796
Handle Purchase
Tape Purchases
Freight Inward 336,204
Free Sampling Excise Duty 906
Electricity Expenses 485,877

Page 4 of 12
Salaries, Wages and other allowances
Bonus 32,144
Conveyance Allowance 53,675
H.R.A. 184,101
L.T.A. 32,144
Production Incentive 9,200
Production Wages 162,876
Salary Admn 134,400
Salary Production 53,600
Salary Sales 145,500
Driver incentive -
OTHER Allowance 106,059
Education Allow. 5,800
Contract Labour 291,096
G.Incentive -
Salary -Temporary -
Medical Allowance 25,216
Salary wages((driver) 52,218
Co. contribution to E.D.L.I. -
Company Cont. to Pension Fund -
Company Contribution to E.S.I.C. -
P.Incentive 75,467
Company Cont. to PF -
Security Service Charges 25,503
Staff welfare expenses
Medical Exp.
Staff Welfare 4,295
Entertainment Expenses
Uniform Expenses 44,354

Conveyance & Travelling expenses

Local Conveyance (General) 24,647
Car Repairs
Travelling General 29,371
Rent ,Rates & Taxes
BIS Charges 36,712

Page 5 of 12
Entry Tax
Miscellaneous Expenses
Bank Charges 1,430
Company contribution tiE.D.L. I. Admn. Charges
Fees & Subscription
General Expenses 39,817
Sundry balance Written off
Repairs to others 12,120
Company contribution to P.F.Admin Ch.
Penalty & Fine
Audit Expenses
Legal & Proffessional ch
Sales Tax Demond-06-07 4,505
T.C.S.
Interest on Sales tax
Selling & Distribution Expenses
Route Expenses 34,208
Freight Outward 725,161
Petrol & Deisel 352,956
Vehicle Hire charges 30,000
Mobile Exp- Sales
Travelling Sales 54,032
Trade Discounts 223,891
Insurance Vehicle
Vehicle Expenses 70,450
Loding unloding 4,010
Advertisement & Publicity Expenses

Advertisement
Market Survey
Sales Promotion 581,513
Incentive/ Commssion
Sales
Bisleri Water-Agent / Distributors 11,708,437
Bisleri Water-Route(Taxable) 632,884
Bisleri Water -Key Customers 133,631

Central Sales-4%
Bisleri Water -Others
Sales Return -Agent / Distributors 148,266
Sales Return -Key Customers 52,239
Sales Return -Others
Other Expenses
Lab & Water Treatment expenses 33,576
Lease rent of Land
Printing & Stationery 3,762

Page 6 of 12
Freight& cartage
Interest Paid
Mobile Exp-Production
Legal & Professional Expenses
Repairs to Plant & Machinery 122,564
Pest control 8,077
Postage, Telegram & Telephone 52,080
Repair (building)
Expenses Reim.To H.O 1,436,913
Deprication

Raw material sales

Mise .Income

Other Income

Interest recd. On security (RSEB)

Credit Balance Written Back
Rent of Dispencer 1,500
Sales Tax Demand
Expenses releted prior period
Insurance Building & cash
Profit Sales of Assets
Loss on sale of Assets
Short /Exces Balance written back
Computer stationery
Interest recd. On security

Profit & Loss

TOTAL 11,749,179 12,485,705

Page 7 of 12
BISLERI INTERNATIONAL PVT LTD JAIPUR

PROFIT & LOSS ACCOUNT

As At As At
31.05.10 AS ON 31.05.09
SCHEDULE ###
Rs. Rs.

INCOME

Sales 10 12,050,556 20,244,767

Other Income 11 9,253 9,573
12,059,809 20,254,340

EXPENDITURE

Cost of Goods Sold 12 4,704,298 9,844,288

Personnel Expenses 13 1,412,145 1,995,127
Other Expenses 14 3,528,173 5,555,467
Depreciation ( Refer Note No. 12) - 857,291
9,644,616 18,252,173
Profit\(Loss) Before Taxation 2,415,193 2,002,167
Less : Provision for Taxation - -
Profit\(Loss) After Taxation 2,415,193 2,002,167
Less: Prior Period Expenses - -
Less: Fringe Benefit Tax - -
Add: Balance transferred from Head office - (36,798,203)
Balance carried to Balance Sheet 2,415,193 (34,796,036)

15
 PROFITABILITY STATEMENT AS PER BSC 2009 - 11
BISLERI JAIPUR FOR THE MONTH-May -2010

ACTUAL Budgeted Varience Remarks

INSTALLED CAPACITY (in litres) 2,246,400 2,249,240 (2,840)
-
PRODUCTION (in units) 166,307 204,356 (38,049) Production target not achieve due to plant capacity
PRODUCTION (in litres) 2,444,867 2,831,500

GROSS VOLUME SALES (in units)- Mfd.Items 165,566 204,356 (38,790)

GROSS VOLUME SALES (in units)- Trd. Items 39,513 31 39,482
-
GROSS VOLUME SALES (in litres)- Mfd. Items 2,432,715 2,831,500 (398,785)
CAPACITY UTILISATION (%) 109% 126%
In Rupees
GROSS TURNOVER (At price to retailer) 16,418,983 15,803,895 615,088
Less : Discounts/Schemes 170,624 204,356
NET SALES BEFORE DISTRIBUTOR MARGINS 16,248,359 15,599,539 648,820 Change Packwise sale as per budget working attached
LESS : COST OF GOODS SOLD -
-
Add : Manufacturing Cost 1,426,968 1,587,570 (160,602) Production target not achieve due to plant capacity
Electricity & Fuel 470,468 606,937 (136,469) Production target not achieve due to plant capacity
Production Salaries & Wages 624,163 715,245 (91,082) Production target not achieve due to plant capacity
Production Incentives - - -
Repairs & Maintenance plant 214,805 122,613 92,192 maintain spares inventry)
Indirect Materials 68,634 51,089 17,545 maintain spares inventry)
-
COGS (Cost of Goods sold) 9,858,884 8,288,447 1,570,437 We have purchase 39513 cases from other unit also rate incresed of raw material working attached
-
Less: Selling Cost -
Salaries & Wages 384,289 606,937 (222,648)
Sales Incentives/ Promotion 754,198 785,393 (31,195)
Royalty / Reimbursement of H.O. expenses 1,907,657 1,861,361 46,296

others (specify the details if more than 5% of net sales) 56,640 183,920 (127,280)
TOTAL Selling Cost 3,102,784 3,437,611 (334,827)
-
Less: Distribution Cost -
Distributor / Trade margins 2,254,000 2,291,000 (37,000)
Salaries & Wages (drivers, loaders, driver-cum-salesman) 120,729 204,356 (83,627)
Distribution Incentives - 51,089 (51,089)
Freight Outward 969,814 943,066 26,748
Vehicle fuel 326,567 204,356 122,211 We did not anticipated the sales of Cairns energy, Barmer where we are sending our vehicle. We started one other unit of Cairn energy place at Gudha malani
Vehicle maintenance 157,254 139,595 17,659

others (specify the details if more than 5% of net sales) 66,040 188,007 (121,967)
Total Distribution Cost 3,894,404 4,021,469 (127,065)
-
Less: Administration Cost -
Salaries & Benefits 479,333 449,583 29,750
Printing & stationery 25,608 30,653 (5,045)
Telephone 17,523 79,699 (62,176)
Travelling & conveyance 37,345 71,525 (34,180)
Rent , Rates & Taxes 11,616 11,616
Legal & professional fees - 36,784 (36,784)

others* (specify the details if more than 5% of net sales) 24,770 153,267 (128,497)
-
-
Cash profit 1,052,042 1,321,501 (269,459)
-
BISLERI JAIPUR
BISLERI INTERNATIONAL PVT.LTD.

Cost of Raw Mat. Actual V/s Budgeted

Budgeted 6 10 15 15 18
250 ML 500Ml 1 LTR 1 LTR 1.5 LTR
COSTING STRUCTURE
PREFORM COST 28.87 28.20 23.22 23.22 34.08
CAPS/FOILS 6.24 5.20 3.12 3.12 3.12
CARTONS 7.65 9.00 9.10 9.10 11.65
TAPES 0.37 0.37 0.37 0.37 0.45
LABELS 1.44 2.10 1.56 1.56 2.52
Total 44.57 44.87 37.37 37.37 51.82

Actual
250 ML 500Ml 1 LTR 1 LTR 1.5 LTR
COSTING STRUCTURE
PREFORM COST 24.12 35.04
CAPS/FOILS 3.12 3.12
CARTONS 9.73 12.74
TAPES 0.50 0.50
LABELS 1.47 1.70
Purchase Cost net of excise 65.00 71.00 52.40
Freight 5.50 5.50 5.50
70.50 76.50 57.90 38.94 53.10

Rate Increase per C/s 25.93 31.63 20.53 1.57 1.28

Qty.wise sales This Month 6800 7869 24120 89610 23816
176,324 248,896 495,184 140,438 30,602

Total Raw Material 1,130,361

Wastage Increse 150,000
Total 1,280,361

NSR MONTH OF MAY-2010

PACK SIZE QTY AMOUNT NSR

1 LTR 74,795 6,342,201 84.79

1 LTR RAILWAY 14,645 959,309 65.50
1.5 LTR 23,816 2,361,639 99.16
2 LTR 11,514 1,354,307 117.62

5 LTR 3,075 73,058 23.76

10 LTR 4,630 141,950 30.66
20 LTR LOCAL 26,831 1,093,363 40.75
20 LTR OUTER 6,260 287,583 45.94

Trading Stock

250ML BOTTLE 6,247 603,559 96.62

250ML CUP 1,509 93,942 62.25
500ML 7,369 701,422 95.19
1 LTR Bisleri 24,220 2,045,628 84.46
 22
2 LTRS

29.61
2.34
12.00
0.45
1.62
46.02

2 LTRS

31.68
2.34
13.17
0.50
1.71

49.40

3.38
11514
38,917