Annexure I COST OF THE PROJECT AND MEANS OF FINANCING S. NO. Partic Particula ulars rs A.
Revised Revised Cost Cost (Rs. in Lacs)
COST OF THE PROJECT
1 Land & Site Development Development
800.00
2 Building & Civil Works
565.00
3 Plant Plant & Machiner Machinery y
187.40
4 Miscella Miscellaneous neous Fixed Fixed Assets Assets
155.39
5 Prelimi Preliminary nary Expenses Expenses
10.00
6 Preoperat Preoperative ive Expenses Expenses
122.90
7 Continge Contingencie nciess
45.39 45.39
8 Working Working Capital Capital
10.36 1896.44
B
MEANS OF FINANCING
1 Share Capital
636.44
Annexure II
DETAILS OF COST OF PROJECT S. No. No.
Part Partic icul ular arss
I
LAND Site Development Conversion Charges
II
BUILDING
III 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
PLANT AND MACHINERY Elevators Air Conditioning Plants Filtration& Water Softening Plant D. G. Set 250 KVA Health Club Equipment Transformer 630KVA Fire Fighting System Refrigerators Cold Storage &Deep Freeze Kitchen Equipments Water Pumps EPABX system Dish Antenna & Reciver Sets Colour TV's Audio System& Speakers
Tota Totall Cost Cost Rs. in Lacs 780.00 20.00 0.00 800.00 565.00 14.70 70.00 10.00 11.00 15.00 4.00 6.85 6.40 5.00 12.00 4.00 8.00 1.00 8.00 0 95
Annexure II
V
PRELIMINARY EXPENSES
VI 1 2 3 4 5 6 7 8 9 10 11 12 13
PREOPERATIVE EXPENSES Establishment Expenses Rent ,Rates & Taxes Travelling Expenses Insurance during construction period Legal & Mortgage Expenses Postage, Telephone , telex & Deposit with P& Printing & Stationery Advertising expenses Interest during construction Upfront
[email protected] % of T.L. Consultancy Fee Licences(Bar,Gas,Phone,etc) Security charges for Elect Connection
VI
CONTINGENCIES
45.39
VII
WORKING CAPITAL
10.36
10.00
10.00 5.00 5.00 2.00 1.00 1.00 1.00 5.00 69.30 12.60 1.00 5.00 5.00 122.90
1896.44
Annexure III
Particulars
DETAILS OF PROPOSED CONSTRUCTION Specifications Built up Area (in Sq. Mt..)
BASEMENT GROUND FLOOR FIRST FLOOR SECOND FLOOR SERVICE FLOOR
Add For High Class finish Teakwood Doors , Glazed Aluminium windows,Ceramic Tiles,Sanitary fittings,Hot & Cold Water Supply,MarbleFlooring , False ceiling,Railings with Design,Decorative Decorative Lighting etc All Building Electricals Swimming Pool Underground Water Tank .Overhead Water Tank Tube Well Architect Fees & Interior Designing Total
RCC Framed Structure
Rate per Sq. Mt.
Amount (Rs. in lacs)
1825.00 1960.00 1600.00 1760.00 1550.00 8695.00
565.00 565.00 * the cost is high by around 20% due to superior finish ,the additional cost is being funded by promoters 8695.00
6500
Annexure IVA
DETAILS OF PLANT AND MACHINERY S.No. Item
No. 1
1
2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17
ELEVATORS 5 stopes - 10 passaengers Simplex full collective with/without attendant Air Conditioning for Lobby,Reception, Rooms & Corridor & Restaurant(100&55TR) D. G. Set 250KVA Transformer 630KVA Refrigerators For Room 40 Litres Kitchen Equipments (See Annex-IVA) EPABX System 16/150-Lines Dish Antennas & Receiver Sets Health Club Equipment Fire Fighting System Cold Storage &Deep Freeze Water Pumps Color TV 21" with Remote Solar Hot Water System - 4000 ltrs/day Audio System Speaker Set Filtration& Water Softening Plant & STP
Supplier
2
3
Unit Cost Rs./ lacs 4
two
Kone
two
Blue Star
70.00
1 two
Kirlosker Any Reputed Supp
11.00 4.00
80 Lot
LG/Samsung Any Reputed Supp Any Reputed Supp
0.08 12.00 8.00
1 1 Set 1 Set 1
Shyam/Falna Physique Eureka Forbes Blue Star Kirloskar LG/Samsung Neusun Tech Philips/Videocon Reputed Make Reputed Make
1.00 15.00 6.85 5.00 4.00 0.10 3.00 0.15 0.01 10.00
80 1 1 80
7.35
Annexure IVA
Total Cost Rs./lacs 5
14.70
70.00 11.00 4.00 6.40 12.00 8.00 1.00 15.00 6.85 5.00 4.00 8.00 3.00 0.15 0.80 10.00
Annexure IVD
DETAILS OF KITCHEN EQUIPMENTS
S. No.
Description
No.
1
Four Burner Cooking Range with Oven
1
2
Four Burner Cooking Range
1
3
Chinese Cooking Range
1
4
Salamander/Toaster
1
5
Tea/Coffee Dispenser
1
6
Under Counter Refrigerator
1
7
Tea Boiler 40 Ltr.
1
8
Water Boiler 40 Ltr.
1
9
Chapati Plate puffer
1
10
Table Sink
1
Annexure IVD 19
Dirty Dish landing Table / Garbage Chute
1
20
Clean Dish Rack
1
21
Deep Freezer Vertical four door
2
22
Water Cooler
1
23
Ice Crusher
1
24
Sweet Counter SS Body
1
25
Espresso Coffee Machine
1
26
Work Table without Sink
4
27
Bain Marie with OHS
1
28
Pick up Counter with under shelf
1
29
Food Processor Mixer/Blender
1
30
Juice Extractor
1
31
Potato Peeler 1 HP of Stainless Steel
1
Annexure IVB
DETAILS OF INTERIOR FURNISHING OF ROOMS
S. No.
Item
Qty.
Rate per Total Item (Rs.) 100000 100000
1
Wooden Items
a
Twin Bed /Double Bed with mattress
1
c
Writing Table
1
d
Writing Chair wooden and upholstered
1
e
Luggage Rack
1
f
Wardrobe
1
g
Coffee Chairs Cushioned
1
h
Coffee table
1
i
Dresser
1
2
Toilet Mirror,Pelmets and Curtains
1Set
3000
3000
Annexure IVB
Annexure IVC
ETAILS OF FURNISHING OF RECEPTION/LOBBY AREA
S. No. Description
Amount
1
Reception desk in wood
100000
2
Bell Desk
10000
3
Lounge Furniture - Sofa Seating /Centre Table Side tables/Furniture for Guest Relation/ Travel Assistant/Side Cabinets for Public Toilets
100000
4
Podium at Gate &Other Misc. Items
10000
5
Paintings and other item of decor
75000
6
Railings
200000
7
Directors Room
100000
8
Safe Deposit Vault
50000 660000
15000
Annexure IVA DETAILS OF FURNISHING OF RESTAURANT
S. No.
Description
Amount
1 Chairs 2 Tables Large Tables Small Sofas 3 Service Counter 4 Curtains with Pelmets 5 Paintings, Decoration Item etc.
30 5 4 10 3
6800 15000 9000 3500 15000 30000 60000
or say Rs. in Lacs
S. No.
DETAILS OF FURNISHING OF BANQUET HALL/ CONFERENCE HALL(2NO.) Description
204000 75000 36000 35000 45000 30000 60000 485000 4.85
Amount
1 Chairs
100
2000
200000
2 Tables
10
5000
50000
3 Writing and Display Board /Podium
20000
20000
4 Curtains and Linens etc.
30000
30000
250000
250000 550000 5.50
Accoustic Wall Panneling
or say Rs. in Lacs
BAR
S. No.
Description
Amount
Annexure VI
MARGIN FOR WORKING CAPITAL
Description Expenses
Days 15 days
Cash in hand
1 week
Net Working Capital
Rs. in Lacs Total Margin Bank 9.57 100% 0.00 0.79 10.36
10.36
100%
Own 9.57
0.00 0.00
0.79 10.36
0.00
10.36
Annexure V
INSTALLED CAPACITY Total No. Of Rooms Air Conditioned Rooms Double Occupancy Single Occupancy
Suits
80 35 40 5
CAPACITY UTILISATION Ist Year
60%
IInd Year
70%
IIIrd Year
80%
ivth Year
80%
Vth Year
80%
80
Annexure VA
MANPOWER REQUIREMENT
Particulars
No.
Salary p.m Total
General Manager
1
20000
20000
Front Office Manager
1
10000
10000
Food & Beverages Manager
1
10000
10000
Finance Controller
1
10000
10000
House Keeping Supervisor
1
10000
10000
Marketing Executive
2
5000
10000
Stewards
5
3000
15000
Cooks
5
3500
17500
Kitchen Helpers
5
2500
12500
Room Boys
10
2500
25000
Annexure VB
SALES REALISATIONS REVENUE FROM ROOM RENT Description
No. of Rooms
Room Rent
100%
60%
70%
80%
1500 1200 2000
191.63 175.20 36.50
114.98 105.12 21.90
134.14 122.64 25.55
153.30 140.16 29.20
1381
403.33
242.00
282.33
322.66
0.7
0.7
0.7
0.7
282.33
169.40
197.63
225.86
10.00
6.00
7.00
8.00
695.65 695.65
417.39 417.39
486.96 486.96
556.52 556.52
a) Air Conditioned Rooms Double Occupancy Single Occupancy b)Suites
35 40 5 80 ARR
Ratio of Room Revenue and Food Beverage F&B Sales Revenue from Shop Rent , Conference & Other Services SALES REALISATION TOTAL SALES REALISATION
Annexure VB
0.76
Annexure VC ASSUMPTIONS FOR PROFITABILITY STATEMENT
1 The ratio of Double & Single occupancy has been taken as 1:1 2 Revenue from Room Service , Banquet Hall , Restaurant and Misc. Services has been taken at 70% of the Realisation from Rooms 3 Cost of Food & Beverages has been assumed at 40% of the F & B revenue 4 Administrative & General Expenses are 4% of the Total revenue 5 Repairs & Maintenance @ 2% of the Fixed Assets 6 Upkeep & Services are taken at 1.5% of the total revenue 7 Advertisement & Sales Expenses @ 10% of the Room revenue 8 Rent,Rates & Taxes are estimated at 1% of total revenue 9 Insurance expenses is assumed at 0.5% of Fixed Assets 10 Power/Fuel is taken at 8% of total revenue 11 Interest on Term loan has been assumed at 11% p.a.
Annexure XI PROFITABILITY STATEMENT Particulars I
II
III
IV
V
VI
VII
VIII
IX
X
Revenue from Room Rent
242.00
282.33
322.66
322.66
322.66
322.66
322.66
322.66
322.66
322.66
Revenue from Room Service 70% of Room Rent
169.40
197.63
225.86
225.86
225.86
225.86
225.86
225.86
225.86
225.86
6.00
7.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
417.39
486.96
556.52
556.52
556.52
556.52
556.52
556.52
556.52
556.52
Revenue from Restaurant Shop Rent in Hotel Premises Revenue from Conference/ Banquet Hall Mis. Income 2% of Room Rent TOTAL (A)
Annexure VII
PROFITABILITY STATEMENT Particulars
I
II
III
IV
REVENUE RECEIPTS Sales Realisation (A)
417.39
486.96
556.52
556.52
OPERATING COSTS a) Salaries & Wages b) Fringe benefits
26.40 5.28
27.72 5.54
29.11 5.82
Administrative & General Exp. 4%of total revenue
16.70
19.48
Repairs & Maintenance @ 0.5%,1%&1.5% of fixed assets
4.54
Upkeep & Services 5% of total revenue
VIII
IX
X
556.52 556.52 556.52
556.52
556.52
556.52
30.56 10.70
32.09 11.23
33.69 11.79
35.38 12.38
37.15 13.00
39.00 13.65
40.96 14.33
22.26
22.26
22.26
22.26
22.26
22.26
22.26
22.26
9.08
13.62
13.62
13.62
13.62
13.62
13.62
13.62
13.62
20.87
24.35
27.83
27.83
27.83
27.83
27.83
27.83
27.83
27.83
Advertisement & Comissions@ 10% of room revenue
24.20
28.23
32.27
32.27
32.27
32.27
32.27
32.27
32.27
32.27
Cost of Provision stores for Food & Beverages (40% of F&B Revenue)
67.76
79.05
90.34
90.34
90.34
90.34
90.34
90.34
90.34
90.34
165.74
193.45
221.24
227.57
229.64 231.80 234.08
236.46
238.97
241.60
20.87
24.35
27.83
27.83
27.83
27.83
27.83
27.83
27.83
27.83
Insurance 0.50% of Fixed Assets
4.54
4.54
4.54
4.54
4.54
4.54
4.54
4.54
4.54
4.54
Royality
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Power/Fuel 10% of Total Revenue
41.74
48.70
55.65
55.65
55.65
55.65
55.65
55.65
55.65
55.65
Total Other Costs
67.15
77.58
88.02
88.02
88.02
88.02
88.02
88.02
88.02
88.02
TOTAL OPERATING COSTS (B)
232.89
271.03
309.26
315.59
317.65 319.82 322.09
324.48
326.99
329.62
OPERATING PROFIT (A - B)
184.50
215.92
247.26
240.93
238.87 236.70 234.43
232.04
229.53
226.90
TOTAL
V
VI
VII
OTHER EXPENSES
Rent Rates & Taxes 5% of Total Revenue
Annexure VIII
CASH FLOW STATEMENT Particulars SOURCES OF FUNDS Equity Capital
Cash Profits before Interest & Ta Term Loan from Banks Unsecured Loan
Const.
I
II
III
IV
V
VI
VII
VIII
IX
X
636.44
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
226.90
1260.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total ( A) DISPOSITION OF FUNDS
1896.44
Capital Expenditure Interest on Term Loan Interest on Working Capital Loan Instalment of Term Loan
1886.08
184.50 215.92 247.26 240.93 238.87 236.70 234.43 232.04 229.53
138.60 137.42 121.98 101.90 79.54 54.34 22.68 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 210.00 210.00 210.00 210.00 210.00 210.00
Income Tax Total (B)
184.50 215.92 247.26 240.93 238.87 236.70 234.43 232.04 229.53
0.00 1886.08
2.93
8.18
9.72
29.80
39.91
51.91
138.60 350.35 340.16 321.62 319.34 304.24 284.59
Opening Balance
0.00
10.36
56.26
Net Surplus/Deficit
10.36
45.90 ###### -92.90
Closing Balance
10.36
56.26
226.90
0.00 0.00 0.00
0.00 0.00 0.00
0.00 0.00 0.00
60.64
61.51
62.17
60.64
61.51
62.17
-78.17 -171.06 -251.76 -332.23 -399.77 -449.93 -278.53 -110.51 -80.69
-80.47
-67.54
-50.16
171.40 168.02
164.73
-78.17 -171.06 -251.76 -332.23 -399.77 -449.93 -278.53 -110.51
54.23
Annexure IX
PROJECTED BALANCE SHEET
Particulars ASSETS Gross Block Less Depreciation Net Block
Cash & Bank Balances Preliminary Exp. not w/off
I
II
III
IV
V
VI
VII
VIII
IX
X
1876.08 1876.08 1876.08 1876.08 1876.08 1876.08 1876.08 1876.08 1876.08 1876.08 51.38 102.77 154.15 205.54 256.92 308.31 359.69 411.08 462.46 513.85 1824.69 1773.31 1721.92 1670.54 1619.16 1567.77 1516.39 1465.00 1413.62 1362.23 56.26 -78.17 -171.06 -251.76 -332.23 -399.77 -449.93 -278.53 -110.51 54.23 9.00 8.00 7.00 6.00 5.00 4.00 3.00 2.00 1.00 0.00 1889.95 1703.14 1557.86 1424.78 1291.93 1172.00 1069.46 1188.47 1304.11 1416.46
LIABILITIES Equity Capital
636.44
636.44
636.44
636.44
636.44
636.44
636.44
636.44
636.44
636.44
Reserves & Surplus
(6.48)
16.70
81.42
158.34
235.49
325.56
433.02
552.03
667.67
780.02
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
840.00
630.00
420.00
210.00
0.00
0.00
0.00
0.00
Unsecured Loan Term Loan
1260.00 1050.00
1889.96 1703.14 1557.86 1424.78 1291.93 1172.00 1069.46 1188.47 1304.11 1416.46 0.01
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
COMPUTATION OF DEPRECIATION Depreciation as per Companies Act (Straight Line Method) Asset Straight Line Method Gross Bl. Preoperatives Contingencie Total
Rate
Building
565.00
76.49
28.25
669.74
1.63%
10.92
554.08
Plant & Machinery
187.40
25.37
9.37
222.14
10.34%
22.97
164.43
Miscellaneous Fixed Assets
155.39
21.04
7.77
184.20
9.50%
17.50
137.89
907.79
122.90
45.39
1076.08
51.38
856.41
Dep.
Net Block
Depreciation as per I.T. rules (WDV Method) Asset Rate Building 10.00%
W.D.V. 669.74
I 66.97
II 60.28
III 54.25
IV 48.82
V 43.94
VI 39.55
VII 35.59
VIII 32.03
IX 28.83
X 25.95
Plant & Machinery
15.00%
222.14
33.32
18.88
16.99
15.29
13.76
12.39
11.15
10.03
9.03
8.13
Miscellaneous Fixed Assets Depreciation as per I.T.
10.00%
184.20
18.42
16.58
14.92
13.43
12.09
10.88
9.79
8.81
7.93
7.14
1076.08
118.71
95.74
86.16
77.55
69.79
62.81
56.53
50.88
45.79
41.21
Net profit as per P&L
-6.5
26.12
72.89
86.65
106.95
129.98
159.36
179.66
177.15
174.52
Add: Dep. on S.L.M.
51.38
51.38
51.38
51.38
51.38
51.38
51.38
51.38
51.38
51.38
Less: Dep. as per I.T.
118.71
95.74
86.16
77.55
69.79
62.81
56.53
50.88
45.79
41.21
Total Carry forward losses
-73.8 0.0
-18.2 -73.8
38.1 -92.0
60.5 -53.9
88.5 0.0
118.6 0.0
154.2 0.0
180.2 0.0
182.7 0.0
184.7 0.0
Assessable Profit MAT 11.22% Tax @ 33.66% Tax Payable
-73.8 0.00 0.00 0.00
-92.0 2.93 0.00 2.93
-53.9 8.18 0.00 8.18
6.6 9.72 2.21 9.72
88.5 12.00 29.80 29.80
118.55 14.58 39.91 39.91
154.22 17.88 51.91 51.91
180.16 20.16 60.64 60.64
182.74 19.88 61.51 61.51
184.69 19.58 62.17 62.17
Annexure XVI
COMPUTATION OF BREAK EVEN POINT
Particulars
I
Gross Revenue Receipts (A)
417.4
487.0
Variable Costs Upkeep & Services 2% of Total revenue
20.9
24.3
27.8
27.8
27.8 27.8
27.8
27.8
27.8
27.8
Advertisement & Comissions
24.2
28.2
32.3
32.3
32.3 32.3
32.3
32.3
32.3
32.3
Cost of Provision stores for
67.8
79.1
90.3
90.3
90.3 90.3
90.3
90.3
90.3
90.3
a) Salaries & Wages b) Fringe benefits Total Variable Costs (B)
13.20 2.64 128.7
13.86 2.77 148.3
14.55 15.28 16.04 #### 17.69 18.57 19.50 20.48 2.91 5.35 5.62 5.90 6.19 6.50 6.83 7.17 167.9 171.1 172.1 #### 174.3 175.5 176.8 178.1
Contribution (A-B)
288.7
338.7
388.6 385.5 384.4 #### 382.2 381.0 379.8 378.4
Fixed Costs a) Salaries & Wages b) Fringe benefits
13.2 2.6
13.9 2.8
14.6 2.9
15.3 5.3
16.0 16.8 5.6 5.9
17.7 6.2
18.6 6.5
19.5 6.8
20.5 7.2
16.7
19.5
22.3
22.3
22.3 22.3
22.3
22.3
22.3
22.3
4.5
9.1
13.6
13.6
13.6 13.6
13.6
13.6
13.6
13.6
138.6
137.4
122.0 101.9
79.5 54.3
22.7
0.0
0.0
0.0
Depreciation
51.4
51.4
51.4
51.4
51.4 51.4
51.4
51.4
51.4
51.4
Other Fixed Costs
67.1
77.6
88.0
88.0
88.0 88.0
88.0
88.0
88.0
88.0
Total Fixed Costs
294.2
311.6
314.7 297.8 276.5 #### 221.8 200.4 201.6 202.9
Break Even Sales
425.3
448.0
450.7 430.0 400.2 #### 323.0 292.6 295.5 298.4
Administrative & General Exp. 4% Total revenue Repairs & Maintenance Interest
II
III
IV
V
VI
VII
VIII
IX
X
556.5 556.5 556.5 #### 556.5 556.5 556.5 556.5
0.0
Annexure XVI
I.R.R. Capital-outflow Inflow-I yr
0.64% O I II III IV V VI VII VIII IX X
-1896.44 184.50 212.99 239.08 231.21 209.07 196.80 182.52 171.40 168.02 164.73 1362.23 0.64%
PAYBACK -1896 -1712 -1499 -1260 -1029 -820 -623 -440 -269 -101 64
Annexure III DETAILS OF PROPOSED CONSTRUCTION
Particulars
BASEMENT Banquet & Conference Hall Air Conditioning/Cooling Plant Room Electric/DG Set Room, Toilet , Lift Room, Corridor , Utility Area , 11 Centrally Air Conditioned Shops of size 10' x 10' with Common Toilet
GROUND FLOOR Reception Area , Central Lobby , Managers Room , Administrative Room with Safe Deposit Vault , Restaurant size 100.82 Sq. mtr 15 Double Bed Rooms with attached toilet complete with all . the fittings ,3 Lift Areas, Corridor etc FIRST FLOOR 25 Guest Rooms with attached toilet , Employees Change Room , Lounge area
Specifications
Ist Class Construction with RCC Frame , RCC Roofing , Flooring in Banquet Hall , Spartek Tiles in Shop Area , Kota Stone Flooring in other area , Electrical Wiring and Ducting , Plastering , Sanitary pipes and fittings
Built up AreaRate per Sq. Amount (in Sq. Mt..) Mt. (Rs. in lacs)
9750
425
41.44
Lobby of High Quality Marble, Reception counter of Black Granite Bedrooms with Ist Class Construction complete with sanitary works
11231
425
47.73
Bedrooms with Ist Class Construction complete with sanitary works Good quality durable fittings
10794
425
45.87
Annexure III
SECOND FLOOR 32 Guest Rooms with attached toilet , Employees Change Room , Lounge area
Bedrooms with Ist Class Construction complete with sanitary works Good quality durable fittings
TOILET FITTINGS Bath Tub , Commode Wash Basin, Mirror, Shower, Mixer for Bath tub and Wash Basin, Misc. fittings
Underground Water Tank Overhead Water Tank
100000 Ltr 100000 Ltr
BOUNDARY WALL
Compound Wall with stone veneer faci including planters
10711
425
45.52
72.00
30000.00
21.60
9.00 11.70
0 130
700
0.91 223.78
