Date:
To,
Name of the bank
Address
Kind Attention: (Relationship Manager)
Subject: Stock Statement for the period
Dear Sir/Madam,
Please find enclosed here with the following documents:
1. Stock statement for working capital facility/ies,
2. Age-wise details of receivables,
3. Age-wise details of creditors
Enclosure:
1. Stock statement for working capital facility/ies
Name of the company: XYZ Limited
Period:
(Amount in INR Million)
Particulars Opening Stock Purchases during the Sales/Issued during Closing Stock
month the month
Qty Amount Qty Amount Qty Amount Qty Amount
(Nos/ Kg) (Nos/ Kg) (Nos/ Kg) (Nos/ Kg)
I. Raw
-Materials 708 411 403 716
(Indigenous)
II. Raw Materials
(Imported)
III. Sub -total 708 411 403 716
(I+II)
IV. Stock-in- 92 434 445 81
process
V. Finished 58 373 104 470 123 549 39 294
Goods
VI. Stores & 398 31 27 402
Spares
Total (III to VI) 1571 1346 1424 1493
Opening Balance Credit Sales/Purchase Amount Paid/Received Closing balance of
during the month during the month Debtors/Creditors
VII. Receivables 1696 679 525 1850
VIII. Creditors
- for Inventory 2068 543 394 2217
- for Expense 453 259 148 564
- for Capital 65 0 2 63
Goods
Other Information
Particulars Projection for the year Current month Cumulative Sales
I. Sales (Amount in INR Total sale projection for Actual sale in the reporting Sales till reporting month
Million) the year month
II.- Facilities limit in multiple banking (Amount in INR Million)
Bank Name Facilities Name Facilities Limit Facilities Outstanding on
(30/4/2021)
Name of the bank from Working Capital Demand (Total fund based limit) Outstanding balance of
whom facilities have been Loan/ Short Term Loan , borrowings as on reporting
availed Buyer’s credit, LC etc period (other than interest)
III.- Insurance Coverage (Amount in INR Million)
Insurer Company Policy Numbers Coverage Period Insured Amount
Name of Insurer (Mention the policy Policy period Amount Insured*
number here)
* Insured amount of assets, on which collateral is formed for facilities qualified for drawing power
calculation.
I/We certify that:
1. The assets detailed mentioned are my/our exclusive property and no other person has any
interest, lien or charge thereon and are fully paid for;
2. The quantity of inventory mentioned is true and accurate stock position obtaining as on
the date of the statement and are in conformity with my/our permanent books of
accounts;
3. The rates of valuation indicated, truly reflect the invoice rates or the contract rates or the
controlled rates whichever are the lowest;
4. The bills which have been sent by us, either through you or direct to the drawee
represent the dispatch of goods manufactured by us as evidenced;
5. The above statement does not include the stock under key loan/ obsolete/ non-moving
stock and stocks aged more than the six months old.
2. Age-wise details of receivables
(INR million)
Dues From 0-30 days 31-60 days 61-90 days 91-180 days Total
(Debtors)
Domestic WG 125 355 661 0 1141
Export WG 78 19 403 0 500
Spare parts etc 53 7 149 0 209
Total 256 381 1213 0 1850
3. Age-wise details of creditors
(INR million)
Dues to 0-30 days 31-60 days 61-90 days 91-180 days Total
(Creditors)
WG 0 52 0 106 158
Parts for 351 319 128 1193 1991
manufacturing
Others 105 105 105 317 632
Total 456 476 233 1616 2781
Yours truly,
For XYZ Limited
Authorised Signatory
