(historical) (forecast)
2000 2001
(Actual) (Forecast)
January
January
Assets
750,000 Cash (1) 750,000
Accounts Receivable (2) 2,773,349
Inventories (3) 2,308,135
Total Current Assets 5,831,484
Net Prop. Plant & Equip. (4) 8,527,237
Total Assets 14,358,721
November December
750,000 750,000
5,029,249 3,715,152
1,639,892 2,225,373
7,419,142 6,690,525
8,683,434 8,937,637
16,102,575 15,628,161
1,039,007 1,157,298
3,278,054 3,463,701
(97,148) (180,654)
4,219,913 4,440,345
11,882,662 11,187,816
16,102,575 15,628,161
EXHIBIT 9
KOTA FIBRES, LTD.
Schedule of Cash Receipts and Disbursements (in Rupees)
Assume:
Receipts:
Disburs.:
Receipts - Disbursements
### ###
January February
1. Schedule of Accounts Receivable
Beginning of Period 2,672,729 2,773,349
Plus Sales 2,716,740 2,213,640 2,616,120 2,892,825
Less Collections, Last Month (1) 885,456 1,046,448
Less Collections, Month before Last (2) 1,630,044 1,328,184
End of Period 2,773,349 3,291,542
40% (1) 40% of sales in period (T-1)
60% (2) 60% of sales in period (T-2)
2. Schedule of Inventories
Beginning of Period 1,249,185 2,308,135
Plus Purchases (1) 1,591,054 2,446,072 4,842,338
Plus Labor 540,958 831,665
Less Shipments (COGS) 1,928,080 2,132,012
End of Period 2,308,135 5,850,125
55% (1) Equal to 55 percent of sales in period (T+2).
34%
3. Schedule of Accounts Payable
Beginning of Period 759,535 1,614,553
+ Purchases (1) 2,446,072 4,842,338
- Payments (2) 1,591,054 2,446,072
End of Period 1,614,553 4,010,818
(1) Equal to 55 percent of sales in period (T+2).
(2) Equal to purchases in period (T-1).
6,295,049 5,029,249
3,531,762 2,767,050
1,778,962 1,412,705
3,018,600 2,668,442
5,029,249 3,715,152
1,854,837 1,639,892
1,870,526 1,988,817
517,438 635,979
2,602,909 2,039,316
1,639,892 2,225,373
690,358 1,039,007
1,870,526 1,988,817
1,521,878 1,870,526
1,039,007 1,157,298
12,021,484 11,882,662
(138,822) (194,847)
0 500,000
11,882,662 11,187,816
(37,653) (97,148)
(59,495) (83,506)
0 0
(97,148) (180,654)
11,145,646 11,145,646
0 350,000
11,145,646 11,495,646
92,880 95,797
2,462,212 2,558,009
8,683,434 8,937,637
Exhibit 11
KOTA FIBRES, LTD.
Assumptions
(6,795)