ICICI Banking Corporation Ltd

8/14/2019 ICICI Banking Corporation Ltd.

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ICICI Banking Corporation Ltd.

ASSESSMENT OF WORKING CAPITAL REQUIREMENTS

FORM II - OPERATING STATEMENT

Name:

Amounts in Rs. Crore

Last 2 Years Actuals Current Yr. Next Year

(As per audited accounts) Estimates Projections

Year 1999 2000 2001 2002

No.of months 12 12 12 12

1. Gross Sales

i. Domestic Sales

ii. Export Sales

Total 0.00 0.00 0.00 0.00

2. Less Excise Duty 0.00 0.00 0.00 0.00

3. Net Sales (1 - 2) 0.00 0.00 0.00 0.00

4. % age rise (+) or fall (-) in net sales

N/A N/A N/A N/A

5. Cost of Sales

i. Raw materials (including stores and

other items used in the process of

manufacture) 0.00 0.00 0.00 0.00

a. Imported

as compared to previous year (annualised)


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xi. Add: Opening Stock of finished goods 0.00 0.00 0.00 0.00

Sub-total (x + xi) 0.00 0.00 0.00 0.00

xii. Deduct: Closing Stock of finished goods 0.00 0.00 0.00 0.00

xiii. 0.00 0.00 0.00 0.00

6. Selling, general and administrative expenses

7. Sub-total (5 + 6) 0.00 0.00 0.00 0.00

8. 0.00 0.00 0.00 0.00

9. Interest

10. 0.00 0.00 0.00 0.00

11. i. Add: Other non-operating Income

a.

b.

c. 0.00 0.00

d.

Sub-total (Income) 0.00 0.00 0.00 0.00

ii. Deduct: Other non-operating expenses

a. 0.00 0.00 0.00

b.

c 0 00 0 00

Sub-total (Total Cost of Sales)

Operating Profit before Interest (3 - 7)

Operating Profit after Interest (8 - 9)


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FORM III - ANALYSIS OF BALANCE SHEET

LIABILITIES

Name: 0



(As per audited BS) Estimates Projections

Year 1999 2000 2001 2002


CURRENT LIABILITIES

1. Short-term borrowing from banks (including

bills purchased, discounted & excess

borrowing placed on repayment basis)

i. From applicant bank 0.00 0.00 0.00 0.00

ii. From other banks 0.00

iii. (of which BP & BD) 0.00

0.00 0.00 0.00 0.00

2. Short term borrowings from others

3. Sundry Creditors (Trade)

4. Advance payments from customers /deposits from dealers

5. Provision for taxation

Sub-total [i + ii] (A)


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TERM LIABILITIES

11. Debentures (not maturing within 1 year) 0.00 0.00

12. Preference Shares (redeemable after 1 year)

13. Term loans (excluding instalments

payable within 1 year) 0.00 0.00

14. Deferred Payment Credits (excluding

instalments due within 1 year)

15. Term deposits (repayable after 1 year) 0.00 0.00 0.00

16. Other term liabilities

17. 0.00 0.00 0.00 0.00

18. 0.00 0.00 0.00 0.00

NET WORTH

19. Ordinary Share Capital

20. General Reserve

21. Revaluation Reserve 0.00 0.00 0.00 0.00

22. Other Reserves (excluding Provisions)

23. Surplus (+) or deficit (-) in Profit & Loss a/c

23. a. Others

Share Premium

Total Term Liabilities [11 to 16]

Total Outside Liabilities [10 + 17]


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ASSETS

Name: 0



(As per audited BS) Estimates Projections

Year 1999 2000 2001 2002


CURRENT ASSETS

26. Cash and Bank Balances

27. Investments (other than long term)

i. Govt. and other trustee securities 0.00 0.00 0.00 0.00

ii. Fixed Deposits with banks

28. i. Receivables other than deferred &

exports (incldg. bills purchased and

discounted by banks)

ii. Export receivables (incldg. bills

purchased/discounted by banks) 0.00 0.00

29. Instalments of deferred receivables

(due within 1 year)

30. Inventory: 0.00 0.00 0.00 0.00

i. Raw materials (including stores andother items used in the process of

manufacture) 0.00 0.00 0.00 0.00

a. Imported 0.00 0.00 0.00 0.00

FORM III - ANALYSIS OF BALANCE SHEET (Continued)


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FIXED ASSETS

35. Gross Block (land, building, machinery,

work-in-progress)

36. Depreciation to date

37. Net Block (35 - 36) 0.00 0.00 0.00 0.00

OTHER NON-CURRENT ASSETS

38. Investments/book debts/advances/deposits

which are not current assets 0.00 0.00 0.00 0.00

i. a. Investments in subsidiarycompanies / affiliates

b. Others

ii. Advances to suppliers of capital goods

and contractors 0.00

iii. Deferred receivables (maturity

exceeding 1 year) 0.00 0.00 0.00 0.00

iv. Others 0.00 0.00 0.00 0.00 a. Security Deposits

b. Loans to Subsidiaries

c. Receivables over 6 months

d.

39. Non-consumable stores and spares

40. Other non-current assets including

dues from directors

41. 0.00 0.00 0.00 0.00

42. Intangible Assets (patents, good will,

li b d / d btf l d bt t

Total Other Non-current Assets(38 to 40)


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FORM IV

COMPARATIVE STATEMENT OF CURRENT ASSETS AND CURRENT LIABILITIES

Name: 0


Last Year Current Yr. Next Year Peak

Norms Actuals Estimates Projections Requirement

Year 2000 2001 2002

A. CURRENT ASSETS

1. Raw materials (incl. stores & other items

used in the process of manufacture)

a. Imported 0.00 0.00 0.00

Month's Consumption

b. Indigenous 0.00 0.00 0.00

Month's Consumption

2. Other Consumable spares, excluding

those included in 1 above

a. Imported 0.00 0.00 0.00

Month's Consumption

b. Indigenous 0.00 0.00 0.00

Month's Consumption

3. Stock-in-process 0.00 0.00 0.00Month's cost of production

4. Finished goods 0.00 0.00 0.00

Month's cost of sales


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9. Total Current Assets 0.00 0.00 0.00(To agree with item 34 in Form III)


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FORM IV

COMPARATIVE STATEMENT OF CURRENT ASSETS AND CURRENT LIABILITIES

Name: 0



Norms Actuals Estimates Projections Requirement

Year 2000 2001 2002

B. CURRENT LIABILITIES

(Other than bank borrowings for working capital)

10. Creditors for purchase of raw materials,

stores & consumable spares 0.00 0.00 0.00

Month's purchases 0

11. Advances from customers 0.00 0.00 0.00

12. Statutory liabilities 0.00 0.00 0.00

13. Other current liabilities: 0.00 0.00 0.00

Short term borrowings from others 0.00 0.00 0.00

Provision for taxation 0.00 0.00 0.00

Dividend payable 0.00 0.00 0.00

Deposits / instalments of term loans / DPGs

/ debentures etc. (due within 1 year) 0.00 0.00 0.00

Other current liabilities & provisions

(due within 1 year) 0.00 0.00 0.00

14. 0.00 0.00 0.00Total (To agree with total B of Form-III)


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I C I C I Banking Corporation Ltd.

FORM V

COMPUTATION OF MAXIMUM PERMISSIBLE BANK FINANCE FOR WORKING CAPITAL

Name: 0



First Method of Lending Actuals Estimates Projections Requirement

Year 2000 2001 2002

1. 0.00 0.00 0.00

2. Other Current Liabilities (other than

0.00 0.00 0.00

3. 0.00 0.00 0.00

4. Min. stipulated net working capital:

(25% of WCG excluding export receivables) 0.00 0.00 0.00

5. Actual / Projected net working capital 0.00 0.00 0.00

6. Item-3 minus Item-4 0.00 0.00 0.00

7. Item-3 minus Item-5 0.00 0.00 0.00

8. Max. permissible bank finance

(item-6 or 7, whichever is lower) 0.00 0.00 0.00

9. Excess borrowings representing

Second Method of Lending

Total Current Assets (Form-IV-9)

bank borrowings (Form-IV-14)

Working Capital Gap (WCG) (1-2)

(Form-III-45)

shortfall in NWC (4 - 5)


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FORM VI

FUNDS FLOW STATEMENT

Name: 0


Last Year Current Yr. Next Year

Actuals Estimates Projections

Year 2000 2001 2002

1. SOURCES

a. Net Profit 0.00 0.00 0.00

b. Depreciation 0.00 0.00 0.00

c. Increase in Capital 0.00 0.00 0.00

d. Increase in Term Liabilities

(including Public Deposits) 0.00 0.00 0.00

e. Decrease in

i. Fixed Assets

ii. Other non-current Assets

f. Others 0.00 0.00 0.00

g. TOTAL 0.00 0.00 0.00

2. USES


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4. Increase/decrease in current assets

* (as per details given below) 0.00 0.00 0.00

5. Increase/decrease in current liabilities

other than bank borrowings 0.00 0.00 0.00

6. Increase/decrease in working capital gap 0.00 0.00 0.00

7. Net Surplus / Deficit (-) [3-6] 0.00 0.00 0.00

8. Increase/decrease in bank borrowings 0.00 0.00 0.00

9. Increase/decrease in NET SALES N/A 0.00 0.00

* Break up of item-4

i. Increase/decrease in Raw Materials 0.00 0.00 0.00

ii. Increase/decrease in Stocks-in-Process 0.00 0.00 0.00

iii. Increase/decrease in Finished Goods 0.00 0.00 0.00iv. Increase/decrease in Receivables

a) Domestic 0.00 0.00 0.00

b) Export 0.00 0.00 0.00

v. Increase/decrease in Stores & Spares 0.00 0.00 0.00

vi. Increase/decrease in other current assets 0.00 0.00 0.00

TOTAL 0.00 0.00 0.00


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Key Indicators

S. No 1999 2000 2001 2002

Actual Actual Estimate Projection

1 Net Sales 0.00 0.00 0.00 0.00

2 P B I L D T 0.00 0.00 0.00 0.00

3 P B T 0.00 0.00 0.00 0.00

4 P A T 0.00 0.00 0.00 0.00

5 Net Cash Accruals 0.00 0.00 0.00 0.00

6 P B I L D T/ Net Sales (%) #DIV/0! #DIV/0! #DIV/0! #DIV/0!

7 PAT/ Net Sales (%) #DIV/0! #DIV/0! #DIV/0! #DIV/0!

8 Dividend/PAT (%) #DIV/0! #DIV/0! #DIV/0! #DIV/0!

9 Gross Block 0.00 0.00 0.00 0.00

10 Net Block 0.00 0.00 0.00 0.00

11 Paid up Capital 0.00 0.00 0.00 0.00

12 Tangible Networth (TNW) 0.00 0.00 0.00 0.00

13 Group Invetsments 0.00 0.00 0.00 0.00

14 Adjusted T N W 0.00 0.00 0.00 0.00

15 L T D / T N W #DIV/0! #DIV/0! #DIV/0! #DIV/0!

16 D F S / T N W #DIV/0! #DIV/0! #DIV/0! #DIV/0!

17 T O L / T N W #DIV/0! #DIV/0! #DIV/0! #DIV/0!

For year ended / endingSeptember 30,


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#DIV/0! #DIV/0! #DIV/0!

Pattern of TCA Funding

1999 2000 2001 2002

Sundry Creditors #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Other Current Liabilities #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Bank Borrowings #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Long Term funds #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Surplus / Incremental build up of currentassets (%)

Year ended / Ending 30September


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I C I C I Banking Corporation Limited

12/18/2009 26639408.xls (Sensitivity & costing) Page 16

Sensitivity AnanlysisTrend Analysis of Components of Cost of Sales

(Rs in crore)

2001 5% inc 5% dec 2002 5% inc 5% dec 1999 2000 2001 2002

Net Sales - - - - - - Actuals Actuals Estimates Projections

Variable Cost* - #DIV/0! #DIV/0! - #DIV/0! #DIV/0! RM / Net Sales #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Spares / Net Sales #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Contribution - #DIV/0! #DIV/0! - #DIV/0! #DIV/0! P & F / Net Sales #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Fixed Costs** - - - - - - Labour / Net Sales #DIV/0! #DIV/0! #DIV/0! #DIV/0!

**Power & fuel, Direct labour, Depreciation, SGA and Interest SGA / Net Sales #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Operating Profit - #DIV/0! #DIV/0! - #DIV/0! #DIV/0! OME / Net Sales #DIV/0! #DIV/0! #DIV/0! #DIV/0!

#DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

#DIV/0! #DIV/0! #DIV/0! #DIV/0!

Break Even Sales #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Total (Excl Dep) #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Cash Breakeven #DIV/0! #DIV/0! Operating Margin #DIV/0! #DIV/0! #DIV/0! #DIV/0!

* RM, Packing material, Consumable stores & spares, stock adj and other mfg

expenses

OperatingProfit/Sales

Change in SIP / NetSales

Change in FG/ NetSalesDepreciation / NetSales


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SCENARIOS FOR OPERATIONS FOR FY ENDING 30/9/2001

Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5 Scenario 6

Change In Net Sales 5% - 0% - 5% - 10% - 0% - 10% -

Change In Variable costs 0% - 5% - 5% - 0% - 10% - 10% -

Contribution - - - - - -

P B I L D T - - - - - -

P B T - - - - - -

PBILDT / Net Sales #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Scenario 7 Scenario 8 Scenario 9 Scenario 10 Scenario 11 Scenario 12Change In Net Sales 20% - 0% - 20% - -5% - 0% - -5% -

Change In Variable costs 0% - 20% - 20% - 0% - -5% - -5% -


P B I L D T - - - - - -

P B T - - - - - -



Change In Net Sales -10% - 0% - -10% - -20% - 0% - -20% -Change In Variable costs 0% - -10% - -10% - 0% - -20% - -20% -


P B I L D T - - - - - -

P B T - - - - - -



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SCENARIOS FOR OPERATIONS FOR FY ENDING 30/9/2002


Change In Net Sales 5% - 0% - 5% - 10% - 0% - 10% -

Change In Variable costs 0% - 5% - 5% - 0% - 10% - 10% -


P B I L D T - - - - - -

P B T - - - - - -


Scenario 7 Scenario 8 Scenario 9 Scenario 10 Scenario 11 Scenario 12Change In Net Sales 20% - 0% - 20% - -5% - 0% - -5% -

Change In Variable costs 0% - 20% - 20% - 0% - -5% - -5% -


P B I L D T - - - - - -

P B T - - - - - -



Change In Net Sales -10% - 0% - -10% - -20% - 0% - -20% -Change In Variable costs 0% - -10% - -10% - 0% - -20% - -20% -


P B I L D T - - - - - -

P B T - - - - - -


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ICICI Banking Corporation Ltd