Prepare proforma quarterly forecasts of Profit and Loss Statement and Balance Sheet for Amber Enterprises based on assumptions provided in Exhibit 2.5.

Transcribed Image Text:

EXHIBIT 2.5 Assumptions for Proforma Forecasting Revenues from Operations Material Costs Employee Benefit Expenses Other Expenses Depreciation Property, Plant, and Equipment Other Non-current Assets 15% growth in annual sales. Distributed in the proportions of 32%, 13%, 18%, and 37% from Q1 to Q4 in that order. 83.5% (combined with change in inventories) of the revenues. 7% annual increase; of the total 80% fixed and evenly distributed, 20% varying with seasonal revenues. 12% annual increase; of the total 20% fixed and evenly distributed, 80% varying with seasonal revenues. 10% of property, plant, and equipment. Increase of 150 million in each quarter. An increase of 1000 million each in Q1 and Q2 expected for ongoing acquisition. Cash and Bank Balance Minimum level of Rs 400 million, plug to balance on Trade Receivables Inventory Other Current Assets Equity Share Capital Other Equity Non-current Borrowings Other Non-current Liabilities Trade Payables Current Borrowings the asset side. 2.33 months of sales. 2.5 months of total operating expenses. Same as at the end of March 2019. No change. Change based only on profits, no dividends. Net increase 500 million in each quarter. Same as at the end of March 2019. Estimated as 3 months of cost of materials. Plug to balance on the liability side, minimum level of Rs 500 million. Other Current Liabilities Same as at the end of March 2019. Interest Cost Other Income Tax Rate At 10.5% of average total borrowings. At 8% of average cash and bank balance. At 30%.