assessment manufacturinig-2 & trading

8/18/2019 Assessment Manufacturinig-2 & Trading

1/17


2/17

Assessment Manufacturinig-2

Subject: n Proposal for sanction of

n A. Back to Back L/C (Local/Foreign) limit of k!".## million ( aka ninet$ fi%e million)onl$&

n B. ' port Cas Cre*it Limit of k +#.## million ( aka t,ent$ million) onl$&

n C. -%er*raft Limit of k #.## million ( aka ten million) onl$&


3/17


4/17

ist of e!istin" machinery is "i#en belo$%

Sl no ame of mac iner$ -rigin uantit$ 7nstallation status -perational status

1 Knitting Machine :ith di00erent


5/17

Financial &nformation% As on ;.;+.;;

(7n ;! ;++2#!#

+ash in hand +ash at #ank 5 56 1/,66 !!,25

Ad=ance salar'3 Deposit 661 1,!5- !

;9port proceeds to #e realized /65-

Sundr' De#tors 1@,1!5 ,@ 5

Ad=ance 0actor' rent 1,! @ 1,@15 @@/

&ease deposit3 "D -! -11 -11

Securit' deposit //! //!+losing Stock 2 11 ,11 !/,65/

4nternal transaction - 1 1 /6, !/ /,-/5


6/17

'inanciaCurrent Liabilities ++2!!+ +92"+! ;92= =

Sundr' +reditors 215 !/, 56 5,!/5

&ia#ilities o0 parties !112 !,-

?utstanding salar' 5// !,6!! -, --$ro=ision 0or e9penses !1 112 !!

7nited &easing +ompan'3 "actor'ent

1 @ !, -6

ill $urchase 16-

ank loan ?D 5@/@ 1,-/ 12,!2

$aid up +apital 1,222 1,222 1,222Directors loan /-@ ,--2 1 ,6-@

4nternal transaction 6,/ / 15,!-6

$ro0it &oss A3+ @/ -1 6, 65 6/,@/

otal Liabilities 3 et 8ort ;+"2 " ;;+2==! ; 92=!#


7/17

(ncome )tatement7ncome Statement +#;#

Sales !52,@2/ !/@, 6- !12,!12

+?@


8/17

Assessment of Financin" 'equirement% (anction of B)B *C limit of )k +,.-- million and CC limit of

)k/-.-- million%

*ear y Attainab e +apacity of machinery : 2, &""" d./year 0%""1 uti i.ation3or4ing days :!"" days

*ear y Present 5ti i.ation: 2! &6"" d./year 0$"1 uti i.ationAverage 'OB pri.e/7. 8 5)96"#"" 5)9%#"" 8 ;4$%#""Projected sa es for next year: 2! &6""


9/17

Assessment for $orkin" ca0ital%Pro1ected (ales for the ne!t year % ;4%%=># > mi ionPro1ected COG( % ;4,$%#=! mi ion 0$=1 of sa esPro1ected 'a$ materials requirement % ;4$66#"= mi ion 0 =1 of tota sa esWorkin" days % !""

Current Assets Tied up Period Amount in mln. Taka

Raw Material 90 days 216.51

Work-in Process (COG ! " days 22.90

#inis$ed Goods (COG ! 10 days %2."2

Total working capital requirement 272.13

Less : [ T !"# $%CC!2&' limit 11#.&&

(u) total 1#7.13

*+erdra,t requirement [7#- drawing power' 117. #


10/17

Assessment for ;rading

(ub1ect% Pro0osal for sanction

etter of Credit limit 2Cash3 at si"ht4 of )k5,-.-- million6

oan a"ainst )rust 'ecei0t limit )k55-.-- million6 and

CC 27y0o4 limit of )k8-.-- million.


11/17

Performance of the e!istin" o0eration% ;he o cia of the company has provided fo o@ing Dnancia Dgures 05n-audited as on !%-%2-2"",& !%-%2-2"%"

!%#%2#2"%% the summary of @hich is depicted be o@

As on 59.9/.-+2&n:house4

As on 59.9/.9-2&n:house4

As on 59.9/.992&n:house4

Current Assets 1213734 1282109 1198685

+ash in hand +ash at ban4 % 2266 %>>>,2 $% %%

)undry 7ebtors !%2," %",=,! 22 =,

)toc4 2,=!6$ >!"2%2 >>26%

Other , ">" !% 62 !>,,=>

)hort ;erm (nvestment 6% " 2$""=" -


12/17

'inanciaFixed Assets

6091 16051 7619

'ixed Assets +MP 0EO ,$> %%,>6 = ,

'ixed Assets 0Fo4ia +are >$>! - -

)ho@ ?oom 'urniture FP7 26> >%"= -

Other Assets >"

Total Assets

1219825 1298160 1206304


13/17

'inanciaCurrent Liabilities 826798 1021444 1102621

+ash +redit iabi ity >=$2% $"=26= !> >=>

oan against ;rust?eceipt

=% $2

=2!$$$

)undry +reditors %!$$ 262$

Provision for (ncome ;ax %!,=,! >>2%$ %$ 2>

Other +urrent iabi ity =>! =6=, ! 6$

/+ iabi ity %2%626 %6!6 > 2"$ $

Equit 5+5-/; /;8;98 9-58


14/17

(ncome )tatement&ncome (tatement 59:9/:-+ 59:9/:9- 59:9/:99)a es =&2""&="> =&%!=&2> !& >>& "Gross ProDt 2% &!% >2 &%>> !"$&,>2Fet ProDt 0After tax 2",&!$, 66&!2 >$&6$2


15/17

Assessment of Financial 'equirement%T$e %lient& request'(

;he c ient vide their etter dated Hune %"& 2"%2 has re uested for sanctionof /+ imit ;4!="#"" mi ion& ;? imit ;4!!"#"" mi ion& +#+#0Eypo imitfrom ;46"#"" mi ion

Fi" in million

3or4ing days !""

)a es !& >># 0As on !%#%2#2"%%

+OG) !&>!=#$! 0,%# =1 of sa es


16/17

(anction of *C imit for )k/,-.-- million and )' imit for )k/--.--million %

+onsidering the above& sanction of the etter of +redit 0)ight imit of

;4 /,-.-- mi ion and imit of )k/--.-- million may on y beconsidered#

Particulars )aka in million

(mport or /+ imit re uirement0+onsidering ," days tied up

period

%&"!"# =

ess: %"1 cash margin %"!#"$

;? imit re uirement ,2 #6


17/17

(anction of CC27y0o4 limit of )k8-.-- million%

+onsidering above&sanction of ++0E

imit of ;46"#""mi ion in favor of the

c ient may beconsidered#

3or4ing days !""

)a es !& >>#

+OG) !&>!=#$!

Workin" Ca0ital Assessment%

Current Assets

)ied u00erio

d2days4

Amount inmln.)aka

)toc4 0+OG) ," %"!"# =

Account receivab e 0)a es %= %$ #2>

ess: Account Payab e0+OG) %" %%>#=2

Workin" Ca0ital requirement % 99-5.=;

ess% )' limit /--

++0E re uirement +-5.=;

Bank >nance ;-? of CC274 85/.=/

assessment manufacturinig-2 & trading

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