notes - help for bp

8/7/2019 Notes - help for BP

http://slidepdf.com/reader/full/notes-help-for-bp 1/28

Preliminary Expenses

Incorporation Fees 59,000

legal Expenses 125,000

Stamp Cost 11,000

Secretarial & Communication Expenses 100,000

Miscellaneous 20,000Total 315,000

Pre-trading costs Months Rate Total

Human Resources Pre-trading costs 1,555,400

Application Fee 500,000

Misc costs for admin 6 50000 300,000

Legal & formation costs 315,000

Detailed business plan & advice from experts 700,000Ancillary costs 4 100000 400,000

Launch ceremony 300,000

Total 4,070,400

Human Resources -pretrading

Position Person Salary (T Monthly (TK)

Managing Director (Contractual) 1 150,000 150000

Financial Analyst 1 80,000 80000

Lead Market Analyst 1 100,000 100000

Manager, Licensing and Administration 1 50,000 50000

Finance Controller 1 40,000 40000

Compliance Executive 1 20,000 20000

Chauffeur 1 8,000 8000

Office Assistant 1 7,500 7500

IT Support 5000

Legal support 25000

Total

Misc (10% of total)

Total salary & Wages



PRUDENTIAL ASSET MANAGEMENT COMPANYDEPRECIATION SCHEDULE OF FIXED ASSETS

FOR THE 1ST YEAR

COST

Sl # Name of Asset

1 GENERATOR 800,000.00 - 800,000.00 20%

2 ELECTRICAL EQUIPMENT 150,000.00 - 150,000.00 20%

3 FURNITURE & FIXTURE 1,160,000.00 - 1,160,000.00 10%

4 MOTOR VEHICLE 1,600,000.00 - 1,600,000.00 15%

5 AIR COOLER 225,000.00 - 225,000.00 20%

6 OFFICE EQUIPMENT 305,000.00 - 305,000.00 10%

7 COMPUTER 720,000.00 - 720,000.00 30%

8 BOOKS 110,000.00 - 110,000.00 20%

TOTAL 5,070,000.00 - 5,070,000.00

PRUDENTIAL ASSET MANAGEMENT COMPANY

DEPRECIATION SCHEDULE OF FIXED ASSETS

FOR THE 2nd YEAR

COST

Opening Balanceat cost as on

01.01.2010

Addition during

the Year

Closing Balanceat cost as on

31.01.2010

Rate of

depreciation

Openingbalance of

accumulateddepreciation as

on 01.01.2010



Sl # Name of Asset

1 GENERATOR 800,000.00 - 800,000.00 20%


3 FURNITURE & FIXTURE 1,160,000.00 - 1,160,000.00 10%

4 MOTOR VEHICLE 1,600,000.00 1,600,000.00 3,200,000.00 15%

5 AIR COOLER 225,000.00 - 225,000.00 20%

6 OFFICE EQUIPMENT 305,000.00 - 305,000.00 10% 7 COMPUTER 720,000.00 - 720,000.00 30%

8 Books 110,000.00 - 110,000.00 20%

Total 5,070,000.00 1,600,000.00 6,670,000.00 8

PRUDENTIAL ASSET MANAGEMENT COMP

DEPRECIATION SCHEDULE OF FIXED ASSET

FOR THE 3rd YEAR

COST

Sl # Name of Asset

1 GENERATOR 800,000.00 - 800,000.00 20%


Opening Balanceat cost as on01.01.2011

Addition duringthe Year

Closing Balanceat cost as on31.01.2011

Rate of depreciation

Openibalanc

accumudepreciaton 01.01





Openibalanc




3 FURNITURE & FIXTURE 1,160,000.00 600,000.00 1,760,000.00 10%

4 MOTOR VEHICLE 3,200,000.00 - 3,200,000.00 15%

5 AIR COOLER 225,000.00 - 225,000.00 20%


7 COMPUTER 720,000.00 600,000.00 1,320,000.00 30%

8 Books 110,000.00 - 110,000.00 20%

Total 6,670,000.00 1,200,000.00 7,870,000.00 1,7

PRUDENTIAL ASSET MANAGEMENT COMP

DEPRECIATION SCHEDULE OF FIXED ASSET

FOR THE 4th YEAR

COST

Sl # Name of Asset

1 GENERATOR 800,000.00 - 800,000.00 20%


3 FURNITURE & FIXTURE 1,760,000.00 1,760,000.00 10%

4 MOTOR VEHICLE 3,200,000.00 - 3,200,000.00 15%

5 AIR COOLER 225,000.00 - 225,000.00 20%


7 COMPUTER 1,320,000.00 1,320,000.00 30%

8 Books 110,000.00 - 110,000.00 20%

Total 7,870,000.00 - 7,870,000.00





Openbalanc




PRUDENTIAL ASSET MANAGEMENT COMPAN

PRUDENTIAL ASSET MANAGEMENT COMPANY LIMIT

FOR THE 5th YEAR

COST

Sl # Name of Asset

1 GENERATOR 800,000.00 - 800,000.00 20%


3 FURNITURE & FIXTURE 1,760,000.00 1,760,000.00 10%

4 MOTOR VEHICLE 3,200,000.00 - 3,200,000.00 15%

5 AIR COOLER 225,000.00 - 225,000.00 20%


7 COMPUTER 1,320,000.00 1,320,000.00 30%

8 Books 110,000.00 - 110,000.00 20%

Total 7,870,000.00 - 7,870,000.00

Depreciation Summary Year 1 Year 2 Year 3 Year 4 Year 5

Depreciation 859,500.00 932,650.00 1,006,385.00 1,339,500.00 1,339

Accumulated Depreciation 859,500.00 1,792,150.00 2,798,535.00 4,138,035.00 5,477

Assets Details

Assets TK

GENERATOR 800,000 Additon - Second vehicle (y2) 160000





Openingbalance of

accumulateddepreciation aon 01.01.201



ELECTRICAL EQUIPMENT (UPS) 150,000 New F&F (y3) 6000

FURNITURE & FIXTURE 1,160,000 New computers (y3) 6000

MOTOR VEHICLE 1,600,000

AIR COOLER 225,000

OFFICE EQUIPMENT

Printers 125,000

Software 150,000

Fax 30,000

Total office equipment 305,000

COMPUTER 720,000

Books 110,000

Total Assets 5,070,000

Year Wise Ending Balance of Assets

Assets Year 1 Year 2 Year 3 Year 4 Year 5

GENERATOR 800,000.00 800,000.00 800,000.00 800,000.00 800

ELECTRICAL EQUIPMENT 150,000.00 150,000.00 150,000.00 150,000.00 150

FURNITURE & FIXTURE 1,160,000.00 1,160,000.00 1,760,000.00 1,760,000.00 1,760

MOTOR VEHICLE 1,600,000.00 3,200,000.00 3,200,000.00 3,200,000.00 3,200

AIR COOLER 225,000.00 225,000.00 225,000.00 225,000.00 225

OFFICE EQUIPMENT 305,000.00 305,000.00 305,000.00 305,000.00 305

COMPUTER 720,000.00 720,000.00 1,320,000.00 1,320,000.00 1,320

Books 110,000.00 110,000.00 110,000.00 110,000.00 110

Total Assets 5,070,000.00 6,670,000.00 7,870,000.00 7,870,000.00 7,870,

Cash Inflow / OutflowYear 1 Year 2 Year 3 Year 4 Year 5

Deposits (rent) #REF!

Total Asset Purchase 5,070,000

Vehicle Purchase (in Yr 2) 1,600,000

Furniture & Fuxture (in Yr 3) 600,000

Computer (in Yr 3) 600,000

Total Assets



Cash outflow for Assets & Depo #REF! 1,600,000 1,200,000



LIMITED

DEPRECIATION

160,000.00 160,000.00 640,000.00

30,000.00 30,000.00 120,000.00

116,000.00 116,000.00 1,044,000.00

240,000.00 240,000.00 1,360,000.00

45,000.00 45,000.00 180,000.00

30,500.00 30,500.00 274,500.00

216,000.00 216,000.00 504,000.00

22,000.00 22,000.00 88,000.00

859,500.00 859,500.00 4,210,500.00

LIMITED

DEPRECIATION

DepreciationCharged during

the Year

TotalAccumulated

depreciation as

on 31.01.2010

Written down vale

as on 31.01.2010



128,000.00 288,000.00 512,000.00

24,000.00 54,000.00 96,000.00

104,400.00 220,400.00 939,600.00

444,000.00 684,000.00 2,516,000.00

36,000.00 81,000.00 144,000.00

27,450.00 57,950.00 247,050.00

151,200.00 367,200.00 352,800.00

17,600.00 39,600.00 70,400.00

932,650.00 1,792,150.00 4,877,850.00

LIMITED

DEPRECIATION

102,400.00 390,400.00 409,600.00

19,200.00 73,200.00 76,800.00


the Year

TotalAccumulated

depreciation ason 31.01.2011

Written down valeas on 31.01.2011


the Year

TotalAccumulated





153,960.00 374,360.00 1,385,640.00

377,400.00 1,061,400.00 2,138,600.00

28,800.00 109,800.00 115,200.00

24,705.00 82,655.00 222,345.00

285,840.00 653,040.00 666,960.00

14,080.00 53,680.00 56,320.00

1,006,385.00 2,798,535.00 5,071,465.00

LIMITED

DEPRECIATION

160,000.00 160,000.00 640,000.00

30,000.00 30,000.00 120,000.00

176,000.00 176,000.00 1,584,000.00

480,000.00 480,000.00 2,720,000.00

45,000.00 45,000.00 180,000.00

30,500.00 30,500.00 274,500.00

396,000.00 396,000.00 924,000.00

22,000.00 22,000.00 88,000.00

1,339,500.00 1,339,500.00 6,530,500.00


the Year

TotalAccumulated





LIMITED

DEPRECIATION

160,000.00 160,000.00 640,000.00

30,000.00 30,000.00 120,000.00

176,000.00 176,000.00 1,584,000.00

480,000.00 480,000.00 2,720,000.00

45,000.00 45,000.00 180,000.00

30,500.00 30,500.00 274,500.00

396,000.00 396,000.00 924,000.00

22,000.00 22,000.00 88,000.00

1,339,500.00 1,339,500.00 6,530,500.00

320000


the Year

TotalAccumulated





120000

150000



Telephone 2 5,000 10000

Fax 1 2,500 2500

E-mail 1 1,500 1500

Water (bottled) 40 60 2400

Total

Office Rent Details

Space Rate (per Monthly

Office Rent 1200 55 66,000

Deposit money

Increase of 10% per year

Rent Year 1 Year 2 Year 3

792,000 871,200 958,320



Assets

Total Furniture & Fixtur 1,160,000

Equipment 2,050,000

Other Assets 1,860,000

5,070,000

Annual (TK) Year 1 Year 2 Year 3 Year 4 Year 5

165,000 165,000 173,250 181,913 191,008 200,559



120,000 120,000 126,000 132,300 138,915 145,861

30,000 30,000 31,500 33,075 34,729 36,465

18,000 18,000 18,900 19,845 20,837 21,879

28,800 28,800 30,240 31,752 33,340 35,007

361,800 361,800 379,890 398,885 418,829 439,770

Yearly

792,000

1,000,000

1,792,000

10%

Year 4 Year 5

1,054,152 1,159,567



Human Resources

Assumption

Growth Rate of S & W 8%

Year 1

Position Person Salary (TK) Monthly (TK)

Managing Director (Contractual) 1 150,000 150,000

Manager, Licensing and Administration 1 50,000 50,000

Financial Analyst 1 80,000 80,000

Lead Market Analyst 1 100,000 100,000

Market Analyst 1 45,000 45,000

Finance Controller 1 40,000 40,000

Compliance Executive 1 20,000 20,000Accounts Executive 1 20,000 20,000

Customer Service Executive 2 12,000 24,000

Custodial Manager 1 35,000 35,000

Dealing and Settlement Assistants 2 10,000 20,000

Secretary - cum - Receptionist 1 8,000 8,000

Chauffeur 1 8,000 8,000

Office Assistant 2 7,500 15,000

Total 615,000

Bonus & Others (20% of total)


Year 2


Managing Director 1 300,000 300,000

Portfolio Manager 1 125,000 125,000


Lead Financial Analyst 1 100,000 100,000



Market Analyst 1 48,600 48,600Finance Controller 1 43,200 43,200

Compliance Executive 2 21,600 43,200

Accounts Executive 2 21,600 43,200







Chauffeur 2 8,640 17,280


Total 1,134,660



Year 3Position Person Salary (TK) Monthly (TK)









Compliance Executive 3 23,328 69,984Accounts Executive 2 23,328 46,656





Chauffeur 2 9,331 18,662


Total 1,502,561



Year 4









Finance Controller 1 50,388 50,388Compliance Executive 3 25,194 75,583

Accounts Executive 2 25,194 50,388





Chauffeur 2 10,078 20,155




Total 1,780,230



Year 5

Position Person Salary (TK) Monthly (TK)Managing Director 1 377,914 377,914








Compliance Executive 3 27,210 81,629

Accounts Executive 2 27,210 54,420Customer Service Executive 4 16,326 65,303




Chauffeur 2 10,884 21,768


Total 1,922,648





Annual (TK)

1,800,000

600,000

960,000

1,200,000

540,000

480,000

240,000240,000

288,000

420,000

240,000

96,000

96,000

180,000

7,380,000

1,476,000

8,856,000

Annual (TK)

3,600,000

1,500,000

648,000

1,200,000

1,036,800

1,296,000

583,200518,400

518,400

518,400

622,080

453,600

518,400

103,680



207,360

291,600

13,615,920

2,723,184

16,339,104

Annual (TK)

3,888,000

1,620,000

699,840

2,592,000

2,239,488

1,399,680

1,259,712

559,872

839,808559,872

671,846

489,888

559,872

111,974

223,949

314,928

18,030,730

3,606,146

21,636,876

Annual (TK)

4,199,040

1,749,600

755,827

2,799,360

3,627,971

1,511,654

2,040,733

604,662906,993

604,662

725,594

529,079

604,662

120,932

241,865



340,122

21,362,756

4,272,551

25,635,307

Annual (TK)4,534,963

1,889,568

816,293

3,023,309

3,918,208

1,632,587

2,203,992

653,035

979,552

653,035783,642

571,405

653,035

130,607

261,214

367,332

23,071,776

4,614,355

27,686,132

notes - help for bp

Documents