Q1.

Fill the Green Cells

Tax Rate 30%

PBT 3,427

Tax Expense 934

PAT 2,493

EPS
Basic 32.04
Diluted 31.16
EPS = PAT/NOS
Number of Shares NOS = PAT/EPS
Basic 77.80
Diluted 80.00

Q2.
Calculate trade Payables

DSO
Payable Days

Trade Payables 434

COGS 1,209

Q3.

Net cash generated from operating activities 2,808

Net Cash (used in) investing activities (1,958)
Net cash (used in) 􀁯nancing activities (497)

Net Change in Cash 353

Cash BOP 499

Cash EOP 833

Q4.
Rate

FCFE
 NPV

IRR

Rate (%)
Q5.
Calculate Yearly Salary for next 5 years
Staff
Staff
Manager
Team Lead
Admin
HR

Increase in salary

Q6. Complete the Income statement and calculate EB

Assumptions
Current Case
Initial Sales Volume (Units)
Initial Sales Price Per Unit
Initial Cost Price Per Unit
Growth in Sales Volume
Growth in Sales Price Per Unit
Growth in Cost Per Unit

Income Statement

Sales
Cost of Goods Sold
Selling & Administration Costs
EBITDA
Q7.
Cash Flow Statement

Net Income (PAT)

Depreciation
Cash Flow From Operations

Capex
Cash Flow from Investing

Debt (Repayment)/Issuance
Equity Addition
Cash Flow from Financing

Net change in Cash

Cash - BOP
Cash - EOP
Checksum

Free Cash Flow - Equity

Net Income
+ Depreciation
- Capital Expenses
- Debt Repayment/+ raised
Cash Flow to Equity

Returns Analysis - Equity

FCFE

Cost of Equity
NPV
IRR
 3,900 3,697 4,007 4,293

993 924 992 1,062

2,906 2,773 3,015 3,231

36.84 34.74 37.68 40.39

36.33 34.66 37.68 40.39

78.89 79.82 80.01 79.99

80.00 80.01 80.01 79.99

63.82 62.04 57.25 57.76

13.92 24.44 25.85 24.47

497 1,599 1,209 1,673

1,673 1,517 2,247 2,733

3,116 2,541 2,864 4,212

(2,315) (1,162) (2,219) (3,474)
(657) (1,266) (584) (956)

144 113 61 (218)

833 988 1,401 1,463

988 1,401 1,463 1,345

10%

-10000 4000 4000 4000

 5163.15

29%
Calculate NPV Sensitivity
Initianl Investment
516315% -5000.00 -8000.00 -11000.00
12%
13%
14%
15%
16%
17%

next 5 years

No. Salaries
1 50,000 Rs./Month 50,000
3 30,000 Rs./Month 90,000
10 20,000 Rs./Month 200,000
3 20,000 Rs./Month 60,000

15% Per year

ement and calculate EBITDA

Base
50000 50000 57500 66125
70 70 84 100.8
35 35 42 50.4
15% 15%
20% 20%
20% 20%

1 2 3

3500000 4830000 6665400

1750000 2415000 3332700
25% 875000 1207500 1666350
875000 1207500 1666350
 Year - 0 Year - 1 Year - 2

- 450,000 228,483
- 1,875,000 1,875,000
2,325,000 2,103,483

(100,000) (50,000) (50,000)

(100,000) (50,000) (50,000)

5,625,000 (1,126,493) (1,295,466)

1,875,000 - -
7,500,000 (1,126,493) (1,295,466)

7,400,000 1,148,507 758,016

7,400,000 8,548,507
7,400,000 8,548,507 9,306,524

Year - 0 Year - 1 Year - 2

- 450,000 228,483
- 1,875,000 1,875,000
(100,000) (50,000) (50,000)
5,625,000 (1,126,493) (1,295,466)
5,525,000 1,148,507 758,016

Year - 0 Year - 1 Year - 2

5,525,000 1,148,507 758,016

20%
7,916,566.78
Err:523
4,863 4,523 6,094 9,243 9,467

1,347 1,121 1,588 2,339 2,840

3,517 3,403 4,507 6,904 6,627

43.99 44.38 58.97 90.34 86.72

43.99 44.38 58.97 90.34 86.72

79.95 76.68 76.42 76.42 76.42

79.95 76.68 76.42 76.42 76.42

52.97 55.51 50.69 48.55 56.07

25.60 26.97 29.59 30.15 25.12

1,517 2,247 2,733 4,299 (3,707)

4,299 2,004 5,346 3,226 4,299

4,323 3,228 7,359 8,450 7,038

(2,259) (148) (5,417) (9,773) (2,849)
(1,598) (3,003) (1,443) 1,823 (1,786)

466 76 500 499 2,404

1,345 1,739 1,900 2,419 2,978

1,739 1,900 2,419 2,978 5,382

4000 4000
-14000.00 -17000.00

Years 1 2 3 4
Salary 4,800,000 4,800,000 4,800,000 4,800,000

76043.75 87450.3125 100567.8594 115653.0383 133000.994

120.96 145.152 174.1824 209.01888 250.822656
60.48 72.576 87.0912 104.50944 125.411328

4 5 6 7 8

9198252 12693587.76 17517151.11 24173668.53 33359662.57

4599126 6346793.88 8758575.554 12086834.27 16679831.29
2299563 3173396.94 4379287.777 6043417.133 8339915.643
2299563 3173396.94 4379287.777 6043417.133 8339915.643
Year - 3 Year - 4

493,913 776,292
1,875,000 1,875,000
2,368,913 2,651,292

(50,000) (50,000)
(50,000) (50,000)

(1,489,786) (1,713,254)
- -
(1,489,786) (1,713,254)

829,126 888,037

9,306,524 10,135,650
10,135,650 11,023,687

Year - 3 Year - 4

493,913 776,292
1,875,000 1,875,000
(50,000) (50,000)
(1,489,786) (1,713,254)
829,126 888,037

Year - 3 Year - 4

829,126 888,037
11,705 (15,000) 16,637 19,507

3,511 - 4,991 5,852

8,193 (15,000) 11,646 13,655

107.21 (196.28) 152.40 178.68

107.21 (196.28) 152.40 178.68

76.42 76.42 76.42 76.42

76.42 76.42 76.42 76.42

56.07 56.07 56.07 56.07

25.12 25.12 25.12 25.12

3,983 (3,247) 3,523 (2,787)

2,004 5,346 2,004 5,346

13,751 9,924 17,201 14,002

(3,322) (3,874) (4,518) (5,269)
(2,208) (2,653) (3,138) (3,680)

8,221 3,397 9,545 5,054

5,382 13,602 16,999 26,544 31,598

13,602 16,999 26,544 31,598
 5
4,800,000

152951.1431
300.9871872
150.4935936
- - -