View
218
Download
0
Category
Preview:
Citation preview
8/12/2019 Redesigned Mould for Bread B Plan
1/32
1 | P a g e
TECHNOLOGY MANAGEMENT LAB
BUSINESS PLAN REPORT
SNAP Group
SUBMITTED BY
Sagar Morakhia (AM0912)
Nirmal Kathiriya (AM0612)
Adit Shah (AM2012)
Prajitha Chowdhury (AM0212)
DATE
25 JULY 2013
8/12/2019 Redesigned Mould for Bread B Plan
2/32
2 | P a g e
Index
Sr. No. Topic Page No.
1 Executive Summary 3
2 Company Description 4
3 Business Model 114 Industry Analysis 11
5 Marketing Details 13
6 Operations Details 17
7 Financial Details 18
8 References 32
8/12/2019 Redesigned Mould for Bread B Plan
3/32
3 | P a g e
Executive Summary
The bakery business in India is huge in terms of volumes and revenues. The business is divided
majorly in two parts, Sandwich bread and Toast bread. The local Ahmedabad market of Sandwich
bread is about 216 Crore annually.
SNAP baking unit, a firm established by four MBAs of CEPT University is focused on innovation
in the bakery sector. The unit is majorly focused on reducing the wastages by innovative solutions.
The unit is to be established in Ahmedabad looking at the potential of the market i.e. 216 Crores
(approx.).
The report present below shows the details of the business plan, i.e. the marketing, operating and
financial details of the firm.
8/12/2019 Redesigned Mould for Bread B Plan
4/32
4 | P a g e
Company Description
Mission statement
To initiate the trend of new bakery that aims in reduction in the wastage of unused bread and
continue innovating to achieve the minimum wastage through new mould designs and in bread
making process.
Product/Service Description
We are willing to establish a new bakery in which we will produce breads using modified system of
bread making. We have modified all the equipments used in bread making process. This
modification in conventional bakery will help us to gain 38% more profit as compare to
conventional bakeries in Ahmedabad and Gujarat.
We have invented new design of bread making moulds, slice cutter, bhatthi and respective handling
tools/equipments.
Following are the photographs showing existing and improved equipment.
Bread Mould:
Existing Mould
8/12/2019 Redesigned Mould for Bread B Plan
5/32
5 | P a g e
Existing mould: (single unit)
Specification:
1Kg mouldside by side
Wastage: 350 gms
System optimized for 2 kg
mould
Existing mould rhino model
New Designed Mould: 1
Specification:
2Kg mould
2 Bread loafs
Traditionalmouldwastage: 700gm
Waste aftermodification:540gm
Reduction : ~ 23%
8/12/2019 Redesigned Mould for Bread B Plan
6/32
6 | P a g e
Actual Mould:
Iteration-1 in Mould:1
Reasons for selection (for existingbakery):No change in existing system
Workers familiar with 2Kg loaf
Add on:A mark-up helps to cut bread in two
halves
8/12/2019 Redesigned Mould for Bread B Plan
7/32
7 | P a g e
After
Before
New Designed Mould: 2
Rhino Model
Specification:
6Kg mould
6 Bread loafs
Traditional wastage of bread
from conventional mould:
2100gm
Waste of bread from new mould:
1365gm
Reduction: ~35%
8/12/2019 Redesigned Mould for Bread B Plan
8/32
8 | P a g e
Actual Model of mould-2:
Iteration-1 of Mould: 2
Breads by new designed Mould-2
8/12/2019 Redesigned Mould for Bread B Plan
9/32
9 | P a g e
New designed Mould-3
Rhino Model
Bread cutter (slicer) New design:
7 kg mould and decrease in wastage
38%
8/12/2019 Redesigned Mould for Bread B Plan
10/32
10 | P a g e
Form of organization
We are a team of 4 people currently are estimating to hire around 10-15 more people. The form
will be mostly flat organizational structure.
SNAP Baking Unit is a start-up organization.
It will be formed as an Ahmedabad based L.L.P firm.
The partnership formation was chosen as a way to minimize personal liability issues for
the owner and avoiding the double taxation found in traditional corporations.
Company Ownership
Sagar Morakhia Co-founder
Nirmal Kathiriya Co-founder
Adit Shah Co-founder
Prajita Chowdhury Co-founder
Venture Capitalists Financier
8/12/2019 Redesigned Mould for Bread B Plan
11/32
11 | P a g e
Business model
The SNAP baking unit will have a state of the art bread manufacturing facility. Few of the
features that the manufacturing plant will have are as follows:
Emphasis on Hygiene
Fresh Bread production on daily basis
Sourcing of its flour from ISO certified companies
New manufacturing facilities
The SNAP baking unit will be producing and distributing the bread on its own in the
initial years, later on well be looking for giving franchises to others in different parts of
the country
The business is focused on getting solution of the problems according to the existing Indian
Bakeries.
Industry Analysis
There exists extremely sophisticated technologies of manufacturing bread in various countries
in Europe and United States. However, target market are those bakeries that work the manual
bread manufacturing techniques.
The bread manufactured for sandwiches is different from that being made for daily consumption
as toast bread and so they are not manufactured in Ovensbut in Bhatthi
I ndustr y size
Currently there are 200 bakeries in Ahmedabad that manufacture the sandwich bread. On an
average, 1 new bakery is installed almost every three to four months.
On an average the bakery produces 1200 kg bread on daily basis, i.e. 1200 bread loafs on 1kgeach and there are total 200 bread making units in Ahmedabad
Thus the annual production of the bread loaf comes out to be of 7Crore 20lakh
(i .e. 1200 breads/day * 200 manufactur ing units * 300 days a year (taking in account of f season))
The average price of a bread loaf was found out to be 30 Rs/loaf that makes the whole annual
market of Ahmedabad to be 216 CRORE
8/12/2019 Redesigned Mould for Bread B Plan
12/32
12 | P a g e
Key Success Factors
Reduction in wastage by 38% and saving of around Rs. 1, 80,000 for a production of 1200 loafs
a day per month
Better quality of product at same price (i.e. 30rs per 1 Kg Loaf)
Orsame quality at Lower cost
Use of the existing supply pattern
No extra effort in cutting edges
Giving two slices extra in a loaf
I ndustry Trends
Currently industry trends rely more on improving technologies for automated process. In
manual processing, not much have been done.
Moreover the type of bread being consumed in Indian market is also different from that being
consumed globally so the problems faced here are not solved by the innovations that take place
in foreign countries.
Our Innovative Business model based on the system designed by us solves the problems of the
existing Indian Bakeries.
Competitors
The competitors of our business are the existing baking units that cater to the hawkers and other
food joints of the city, and on the later stage the competitors we will face are the National and
State giants in baking business.
More over as the business is very huge there is a full scope of entry for organized bakeries in the
market.
8/12/2019 Redesigned Mould for Bread B Plan
13/32
13 | P a g e
Marketing Plan
Segmentation, Target &Positi oning
Demographically, the main market targeted is in Ahmedabad and will later spread out to
Gujarat.
The size of Sandwich bread market in Ahmedabad is almost 216 Crore. More over the
market of the State and Nation holds much more potential
Market sur vey & its resul t
We did a deep study of the market and found out that 35% of the bread loaf is being wasted
in terms of sides being cut out and thrown out
Objective of the study
Survey of wastage produced in bakeries using current moulds were done in bakeries in
Ahmadabad. The main objective was to know the bakery owners feedback on using new
mould designs that would be profitable for them.
Methodology
New mould designs were tested in the bakeries. The moulds were fabricated and welded
using aluminium. After the testing, feedback of bakery owners and the workers wererecorded.
Findings
It was found that the using the new mould designs, savings of around 38% are generated.
Also, some altercations are required in some of the processes but these altercations are not
that major to affect the profitability.
I nf erences
Buyer Behaviour
Awareness, Desirability& Demand of product/service
The bakeries that use the manual processing techniques of manufacturing are using it for
more than a decade or so with very few advancements in some of the processes. However,
8/12/2019 Redesigned Mould for Bread B Plan
14/32
14 | P a g e
there is a lack of awareness among them that the decrease in the bread wastage can also
increase their savings to a large amount. To address this gap is our main motivation of
setting up this business.
Market Segmentation and choice of target segment(s)
Market segmentation: Bakeries using Manual processing techniques for manufacturing in
Ahmedabad.
Marketing Mix
Product positioningThe new bread mould equipment will be positioned as an innovative
patented design that saves 25% of the overall cost saving Rs.1.8 lakhs per month
Pricing strategyWe will be choose a dynamic pricing strategy to capture market. For first
we will try to sell our bread at the same existing price and if we find the competitor gaining
advantage over our strategy well decrease the price of our strategy as we can decrease the
price more by 38% as we have an advantage over the existing bakeries
Promotion strategy- One to one lead generation through cold call and
demonstration/presentation of the product to the bakery owners. Initial promotion will be
done through contacting the baker owners personally.
Place/Distribution channelsIn the distribution channel selection we will use the existing
channel i.e. distributing through the rickshaw which we will be purchasing on inception.
The place we selected is shown below as circled places.
The reason we selected this place as there is already a cluster of baking units in this areas
and thus we will be able to access the raw materials easily
8/12/2019 Redesigned Mould for Bread B Plan
15/32
15 | P a g e
Source: Google Maps
SWOT Analysis
Strengths:
Our new proposed design saves cost by 35%
Weakness:
New in the market. Penetration may take time.
Opportunities:Number of bakeries is in the order of hundreds; so scope of business is high.
Threats:
Existing designers can use our design for inspiration and give good competition to us
because of their longer time in industry.
8/12/2019 Redesigned Mould for Bread B Plan
16/32
16 | P a g e
Unique Selling proposition
Unique design of bread mould that reduces bread wastage and costs by 35%. This design is
new in the market and gives better efficiency.
Anticipated Demand
The number of bakeries in our initial target place in Ahmedabad is in the order of hundreds.
Thus, the bakery owners would be willing to adopt our new design to save their huge costs.
Growth Potential
Initially our target market is in Ahmedabad. We plan to expand our businesses to other
metro cities in Gujarat and later to towns. As the penetration in metro cities increase and
bakeries use our design, more and more bakery owners will be willing to buy them. Thus
increase the scale of our business in the order of thousands of bakeries in the state of Gujarat
only.
Competitor Analysis
Our competitors include the manufacturing companies that produce the instruments and
standard mould designs and supply in the market. These industries operate in small scales.
Monitoring marketing activities
To achieve the sales targets, the sales executives will be given certain target units to achieve
to sell in a given period of time. Subsequently, the targets will be increased. Monitoring will
be done by tracking how much time it takes to convert a cold lead to a client by each
salesperson. Proper training will be provided to salespersons to achieve their target results.
8/12/2019 Redesigned Mould for Bread B Plan
17/32
17 | P a g e
Operations Plan
Supply Chain Management
Raw materials/Semi-processed goods
Logistics
Tempo Cost + Diesel cost
100kms/day * 3rs/km *23 days a month *12months
(2 Tempo)
82800 RS/- (For One Tempo)
165600 RS/- (For Two Tempo)
8/12/2019 Redesigned Mould for Bread B Plan
18/32
18 | P a g e
Financial Plan
Assumptions
Capacity of bhatti - 50
moulds
We are selectiing
40 Moulds
40 * 7Kg
280 Kg
12Shift a day
12*280
3360 kg
Capacity/day
sales 3200kg /day
3200*35
112000 per day
23 days a
month
Yearly Sales 3.09 crore
15897600 15897600
Power and Fuel 15000 /month
1.8 lakh
per year
Direct Labour 28.8 lakh
10 labourers 3 Shifts a day @
8000 per person
Other Mfg exp 7.2 lakh
5 marketing persons @12000
per month
Water bill .5 lakh Water tax
4.8 lakh
Building Rent @ 40000 per
month
Depriciation 4 lakh /year 2.8 lakh Mould
.30 lakh Bhatthi @30% per year
Atta maker 3.5lakh / 10 year life.5 lakh 5 lakh Slicer .85 lakh/ 10 year life
Weighing m/c+ trolley+ misc
equips of .65 lakh
.4 lakh 4 lakh 2 tempo @2 lakh per tempo
Closing stock 11.04 lakh
One month RM
stock(3200*15*23)
.58 lakh
One day Finished goods stock
(3200*18)
11.62
lakh
Selling and General admin
expenses 1.5 lakh Office cost + Misc
1.66 lakh
Diesel
cost
100 kms @ day *3rs. Per km
*23 days a month *12months
82800
165600 (2 tempo)
Building 5.5 lakh
rent
40,000
office
infra === 4.8+0.7
8/12/2019 Redesigned Mould for Bread B Plan
19/32
19 | P a g e
CMA data Sheet
FORM II : OPERATING STATEMENT
Sheet 1
AMOUNT INRs : Lakhs
Branch
NAME OF THE UNIT For the year ending 31st March
2014 2015 2016 2017 2018
Proj. Proj. Proj. Proj. Proj.
1 GROSS SALES I II III IV V
i. Domestic sales 309.00 340.00 374.00 412.00 454.00
ii Export Sales
Total 309.00 340.00 374.00 412.00 454.00
2 Less excise duty
Deduct other items
3 Net sales ( item 1 - item 2 ) 309.00 340.00 374.00 412.00 454.00
4 % age rise (+) or fall (-) in net - - 10.00 10.16 10.19
sales compared to previous
year (annualised)
5 Cost of Sales
i.) Raw materials (including 132.00 145.00 159.50 175.45 193.00stores and other items used
in the process of manufacture)
(a) imported
(b) Indigenous -
ii) Other spares - - - - -
(a) Imported - - - - -
(b) Indigenous -
iii) Power and fuel 1.80 1.98 2.18 2.40 2.64
iv) Direct labour 28.80 28.80 28.80 28.80 28.80
(Factory wages & salary) -
v) Other mfg. Expenses 12.50 13.75 15.13 16.64 18.30
8/12/2019 Redesigned Mould for Bread B Plan
20/32
20 | P a g e
vi) Depreciation 4.00 4.00 4.00 4.00 4.00
vii) SUB TOTAL (I TO VI) 179.10 193.53 209.60 227.28 246.73
viii) ADD: Opening stocks-in-Process) - - - - -
Sub-total 179.10 193.53 209.60 227.28 246.73
Form II : Sheet 2 2014 2015 2016 2017 2018
0 Proj. Proj. Proj. Proj. Proj.
ix) Deduct : Closing stocks-in-
process -
x) Cost of Production 179.10 193.53 209.60 227.28 246.73
xi) Add : Opening stock of
finished goods - - 12.78 14.06 15.47
SUB-TOTAL 179.10 193.53 222.39 241.34 262.20
xii) Deduct closing stock of
finished goods 11.62 12.78 14.06 15.47 17.01
xiii) SUB-TOTAL (Total cost of Sales) 167.48 180.75 208.32 225.88 245.19
6 Selling general and administrtive
expenses 3.16 3.48 3.82 4.21 4.63
7 SUB-TOTAL (5+6) 170.64 184.22 212.15 230.08 249.81
8 Operating profit before interest 138.36 155.78 161.85 181.92 204.19
( 3-7 )
Working Capital Interest 1.40 1.40 1.40 1.40 1.40
Term Loan Interest 1.12 1.12 1.12 1.12 1.12
9 Total Interest 2.52 2.52 2.52 2.52 2.52
10 Operating profit after interest (8-9) 135.84 153.26 159.33 179.40 201.67
11 (i) Add other non-operating income
(a) Interest on Bank Deposits -
(b) Prior period adjustments - - - - -
8/12/2019 Redesigned Mould for Bread B Plan
21/32
21 | P a g e
(c) Duty Draw Back - - - - -
(d) Others (Misc. Receipts)
Sub-total ( income ) - - - - -
(ii)
Deduct other non-operating
expenses
(a) P&P expense inncluding - - - - -
all book entries written off
(b) Prior period adjustments - - - - -
(c) - - - - -
(d) - - - - -
Sub-total ( expenses ) - - - - -
(iii) Net of other non-operating - - - - -
income/expenses
12 Profit before tax/loss[10+11(iii)] 135.84 153.26 159.33 179.40 201.67
13 Provision for taxes 40.75 45.98 47.80 53.82 60.50
14 Prior Years Adjustment(if any)#
15 Net profit/loss for the year ( 12-13 ) 95.09 107.28 111.53 125.58 141.17
16 (a) Equity dividend paid-amt
(Already paid+ B.S. provision) -
(b) Dividend Tax Including Surcharge -
(c) Dividend Rate
(d) Transfer to General Reserve -
17 Retained profit ( 14-15 ) 95.09 107.28 111.53 125.58 141.17
18 Retained profit/Net profit (% age) - 100.00 100.00 100.00 100.00
# (-)ve for expense/provisions and (+) ve for gains
8/12/2019 Redesigned Mould for Bread B Plan
22/32
22 | P a g e
Ratio Analysis
2014 2015 2016 2017 2018
Particulars Proj. Proj. Proj. Proj. Proj.
Domestic Sales(Gross) 309.00 340.00 374.00 412.00 454.00
Export Sales 0.00 0.00 0.00 0.00 0.00
Net Sales 309.00 340.00 374.00 412.00 454.00
% rise/fall (-) in net sales 10.00 10.16 10.19
Operating Profit 135.84 153.26 159.33 179.40 201.67
Profit Before tax 135.84 153.26 159.33 179.40 201.67
PBT/ Sales (%) 43.96 45.08 42.60 43.54 44.42
Profit After Tax 95.09 107.28 111.53 125.58 141.17
Cash Accrual 99.09 111.28 115.53 129.58 145.17
Paid Up Capital 2.00 2.10 2.50 3.10 3.50
TNW 2.00 109.38 221.31 347.49 489.06
Adjusted TNW 2.00 109.38 221.31 347.49 489.06
TOL/TNW (times) 33.97 0.65 0.32 0.22 0.17
Adjusted TOL/TNW 33.97 0.65 0.32 0.22 0.17
NWC 2.08 114.23 224.71 354.94 500.44
Current Ratio 1.03 2.74 4.19 5.64 7.19
Other Ratios
Operating Cost/ sales % 56.04 54.92 57.40 56.46 55.58
Net Sales /TTA (times) 4.42 1.88 1.28 0.97 0.80
PBDIT 142.36 159.78 165.85 185.92 208.19
8/12/2019 Redesigned Mould for Bread B Plan
23/32
8/12/2019 Redesigned Mould for Bread B Plan
24/32
24 | P a g e
Balance Sheet
LIABILITIES STATEMENT
FORM III
Sheet 1 AS PER BALANCE SHEET AS AT 31st MARCH
0
0Rs
in Lakhs
Sl.LIABILITIES
2014 2015 2016 2017 2018
No. Proj. Proj. Proj. Proj. Proj.
CURRENT LIABILITIES I II III IV V
1 Short-term borrowings from
banks(including bills purchased,
discounted & excess borrowing
placed on repayment basis)
(i.) From applicant banks 8.00 8.80 9.20 10.10 10.70(ii.) From other banks
(iii) Of which BP & BD
SUB TOTAL 8.00 8.80 9.20 10.10 10.70
2Short term borrowings fromothers 10.00 10.10 10.50 11.00 11.50
3 Sundry Creditors (Trade) 2.21 2.30 2.50 2.70 2.90
4 Advance payments from custo-
mers/deposits from dealers
5 Provision for taxes 40.75 44.25 48.20 52.50 55.606 Dividend payable
7 Other statutory liabilities
(due within one year)
8 Deposits/instalments of term 0.10 0.11 0.12 0.12 0.13
loans/DPGs/Debentures,etc.
(due within one year)
9 Other current liabilities &
provisions(due within 1 Yr)
(specify major items)
SUB-TOTAL (B) 53.06 56.76 61.32 66.32 70.13
TOTAL CURRENT LIABILITIES 61.06 65.56 70.52 76.42 80.83
TERM LIABILITIES As on 31st March
11 Debentures (not maturing
within one year)
12 Preference shares
(redeemable after one year)
8/12/2019 Redesigned Mould for Bread B Plan
25/32
8/12/2019 Redesigned Mould for Bread B Plan
26/32
26 | P a g e
FORM III
Sheet 3 AS PER BALANCE SHEET AS AT : 31st MARCH
0
0Rs.
in Lakhs
Sl.ASSETS
2014 2015 2016 2017 2018
No. Proj. Proj. Proj. Proj. Proj.
I II III IV V
26 Cash and bank balances
Fixed Deposits with Banks
28 (i) Receivables other than 51.52 94.50 208.75 336.92 564.25
deferred & exports (include
bills purchased and
discounted by Banks)
(ii) Export receivables(include - 72.51 72.41 78.97 -
bills purchased and
discounted by banks)
29 Instalments of deferred
receivables(due with in one yr.)
30 Inventory: 11.62 12.78 14.06 15.47 17.01
(i)Raw materials(including stores
& other items used in the
process of manufacture)
(a) Imported(b) Indigenous
(ii) Stock-In-Process - - - - -
(iii) Finished goods 11.62 12.78 14.06 15.47 17.01
(iv) Other Consumable Spares - - - - -
(a) Imported
(b) Indigenous
31 Advance to suppliers of raw -
materials & stores and spares
32 Advance payment of taxes
33 Other Current assets
Income tax for earlier yearsInterest accrued on FixedDeposits
Other Current assets -
(Specify major items) - - - - -
34 TOTAL CURRENT ASSETS 63.14 179.79 295.22 431.36 581.26
FIXED ASSETS
8/12/2019 Redesigned Mould for Bread B Plan
27/32
27 | P a g e
35 Gross Block(Land & Building 5.50
machinery, work-in-process)
36 Depreciation to date - 4.00 8.00 12.00
37 NET BLOCK 5.50 - (4.00) (8.00) (12.00)OTHER NON-CURRENTASSETS
38Investment/bookdebts/advances/ 1.20 1.00 0.98 0.80 0.75
deposits which are not current
assets
(i) a) Investment in subsidiary
Co./affiliates
b) Other Investments
(ii) Advances to suppliers of
capital goods & contractors
(iii)Deferred receivables(maturity
exceeding one year)
(iv)Others (a) Debtors> 6months
(b) Security Deposits 1.20 1.00 0.98 0.80 0.75
Project Surplus
39 Non-consumables stores &
spares
40 Other non-current assets incl-
uding dues from Directors
41 TOTAL OTHER NON-CURR. ASSETS 1.20 1.00 0.98 0.80 0.75
42 Intangible assets (patents,
goodwill, prelim.expenses, bad/
doubtful exp.not provided foretc)
43 TOTAL ASSETS(34+37+41+42) 69.84 180.79 292.20 424.16 570.01
8/12/2019 Redesigned Mould for Bread B Plan
28/32
28 | P a g e
Break-even Analysis
BREAK EVEN RM COST INCREASE BY 5.00%
Year
Proj.% increase inRM
2015.00 Cost
Sales 340.00
Total VC% FC%VCAmt
VCAmt FC(Amt)
Raw Material 145.00 100 0 145.00 152.25 0.00
Spare and consumables 0.00 75 25 0.00 0.00 0.00
Power and Fuel 1.98 85 15 1.68 1.68 0.30
Direct Labour 28.80 50 50 14.40 14.40 14.40Other ManufacturingExpenses 13.75 50 50 6.88 6.88 6.88
Depreciation 4.00 0 100 0.00 0.00 4.00Selling General & AdmnExpen 3.48 25 75 0.87 0.87 2.61
Interest - WC 1.40 100 1.40 1.40 0.00
Interest - Term Loan 1.12 100 0.00 0.00 1.12
Others 100 0.00 0.00 0.00
Difference in stock -12.78 100 -12.78 -12.78 0.00
Total 186.74 157.45 164.70 29.30
Contribution 182.56 175.31
Fixed Cost 29.30 29.30
Break Even sales 54.57 56.82
Cash Break Even 47.12 49.07
8/12/2019 Redesigned Mould for Bread B Plan
29/32
8/12/2019 Redesigned Mould for Bread B Plan
30/32
30 | P a g e
FUNDS FLOW STATEMENT
As on 31stMarch As on 31st March
Rs in Rs in Lakhs
2015 2016 2017 2018 2019
Particulars Proj. Proj. Proj. Proj. Proj.
Long Term Sources 113.08 115.95 130.36 145.62 -2.75
Long Term Uses 1.03 5.48 0.12 0.13 17.14
Surplus/Deficit 112.05 110.48 130.24 145.49 -19.89
Movement of TNW (Corporate)As on 31stMarch As on 31st March
Rs. in Rs. in Lakhs
2015 2016 2017 2018 2019
Particulars Proj. Proj. Proj. Proj. Proj.
Opening balance 2.00 109.38 221.31 347.49 489.06
1 Add.
i Profit/(-)Loss after Tax 107.28 111.53 125.58 141.17 -17.01
ii Increase in Capital 0.10 0.40 0.60 0.40 -3.50
iii Dec./(-) Inc.in Intangible
Assets 0.00 0.00 0.00 0.00 0.00iv Inc../(-) \ Dec.in Reserves 0.00 0.00 0.00 0.00 0.00
v. Adjust prior year expenses 0.00 0.00 0.00 0.00 0.00
2 Less
Div Paid(Incl.Div.Tax)/Withdrawals 0.00 0.00 0.00 0.00 0.00
TNW 109.38 221.31 347.49 489.06 468.54
8/12/2019 Redesigned Mould for Bread B Plan
31/32
31 | P a g e
Movement of TNW (Non Corporate)As on 31stMarch As on 31st March
RS in RS in Lakhs
2015 2016 2017 2018 2019
Particulars Proj. Proj. Proj. Proj. Proj.
Opening balance 2.00 109.38 221.31 347.49 489.06
Increase in Capital # 107.38 111.93 126.18 141.57 -20.51
Dec./(-) Inc.in Intangible Assets 0.00 0.00 0.00 0.00 0.00
Dec./(-) Inc.in Reserves 0.00 0.00 0.00 0.00 0.00
Closing Balance 109.38 221.31 347.49 489.06 468.54
8/12/2019 Redesigned Mould for Bread B Plan
32/32
References:
Zuberbhai Owner of United Bakery, Ahemdabad
Ashfakbhai Owner of Moti Bakery, Ahemdabad
Naeembhai Owner of Diamond Bakery, Ahemdabad
Ashokbhai Fabricator
Hanifbhai Fabricator
http://ejournalofsciences.org/archive/vol2no9/vol2no9_4.pdf
http://www.indianbiscuitplant.com/bread-making-baking-
machinery2.html
http://www.youtube.com/watch?v=adWIanNQTnU
http://ejournalofsciences.org/archive/vol2no9/vol2no9_4.pdfhttp://ejournalofsciences.org/archive/vol2no9/vol2no9_4.pdfhttp://www.indianbiscuitplant.com/bread-making-baking-machinery2.htmlhttp://www.indianbiscuitplant.com/bread-making-baking-machinery2.htmlhttp://www.indianbiscuitplant.com/bread-making-baking-machinery2.htmlhttp://www.indianbiscuitplant.com/bread-making-baking-machinery2.htmlhttp://www.indianbiscuitplant.com/bread-making-baking-machinery2.htmlhttp://www.youtube.com/watch?v=adWIanNQTnUhttp://www.youtube.com/watch?v=adWIanNQTnUhttp://www.youtube.com/watch?v=adWIanNQTnUhttp://www.indianbiscuitplant.com/bread-making-baking-machinery2.htmlhttp://www.indianbiscuitplant.com/bread-making-baking-machinery2.htmlhttp://ejournalofsciences.org/archive/vol2no9/vol2no9_4.pdfRecommended