Business Plan

M/s Janaki Medical College, Ramdaiya, Bhawadi, Dhanusha

Parameter of Project

Project Cost 2059/60 CWIP (059/60) EDC & IDC Total (2059/60) Addition (2060/61) Addition (2061/62) Addition (2062/63) Total Rate of DepLand & Land Development 15,835,000 - - 15,835,000 - - - 15,835,000 0.00%Building 44,380,000 - - 44,380,000 47,500,000 65,690,000 23,000,000 180,570,000 1.65%Medical Plant & Equipment 6,128,957 - - 6,128,957 10,000,000 18,050,000 - 34,178,957 5.30%Furniture Fixture & Equipment 2,193,670 - - 2,193,670 1,000,000 500,000 - 3,693,670 7.30%Vehicle 4,272,600 - - 4,272,600 4,800,000 2,400,000 - 11,472,600 7.30%Total Fixed Assets 72,810,227 - - 72,810,227 63,300,000 86,640,000 23,000,000 245,750,227 Pre-operating Expenses 30,586,096 - - 30,586,096 - - - 30,586,096 Total Project Cost 103,396,323 - - 103,396,323 63,300,000 86,640,000 23,000,000 276,336,323

Year Capacity Sources of Fund 2059/60 2060/61 2061/62 2062/63Utilization Equity Financing 96,000,000 4,000,000 - -

2060/61 25% Internal Accruals (7,603,677) 9,300,000 86,640,000 23,000,000 2061/62 35% Long Term Loan 15,000,000 50,000,000 - - 2062/63 40% Short Term Loan - - - - 2063/64 40% Total 103,396,323 63,300,000 86,640,000 23,000,000 2064/65 45%2065/66 45%2066/67 50%2067/68 50%2068/69 50% Interest Rate 12.00%2069/70 50% Repayment 5 Years

Hospital Income 2060/61 2061/62 Rate Annual Revenue Working Capital Coverage (Days)Beds/day Beds/day Per Bed at 100% capacity Inventory 30

General bed 300 700 250.00 63,875,000.00 Advances 7Total 63,875,000.00 Accounts Payable 30

Per Day No. of Patient Rate Operational Cash 15Operation Theatre 10 3,650 15,000.00 54,750,000.00 Deposits 20Investigation 50 18,250 1,000.00 18,250,000.00 Number of Days 365Medical Consultation - New 300 109,500 20.00 2,190,000.00 Medical Consultation - Old 50 18,250 10.00 182,500.00 X-ray 80 29,200 500.00 14,600,000.00 CT Scan 10 3,650 4,500.00 16,425,000.00 Ultrasound 25 9,125 1,000.00 9,125,000.00 Laboratory 200 73,000 700.00 51,100,000.00 Dressing 200 73,000 200.00 14,600,000.00 Other 150 54,750 100.00 5,475,000.00 Pharmacy Income 40% of total revenue (except pharmacy) 100,229,000.00 Annual Operating Days 365Annual Increase in Rate 2%

Total 250,572,500.00

Tution Fee & Mess IncomeNepalese Others Nepalese Others

Batch - 1st 27 27 1,300,000.00 2,080,000.00 Batch - 2nd 27 27 1,300,000.00 2,080,000.00 Batch - 3rd 27 27 1,300,000.00 2,080,000.00 Batch - 4th 27 27 1,300,000.00 2,080,000.00 Batch - 5th 27 27 1,300,000.00 2,080,000.00 Batch - 6th 27 27 1,300,000.00 2,080,000.00 Batch - 7th 27 27 1,300,000.00 2,080,000.00 Batch - 8th 27 27 1,300,000.00 2,080,000.00 Batch - 9th 27 27 1,300,000.00 2,080,000.00 Batch - 10th 27 27 1,300,000.00 2,080,000.00

Duration of Course 5 YearsTotal Number of Student 30 30 60Net mess income per Student 20,000.00 per annumIncrease per annum 5% per annum

No. of Paid Student Tution Fee

Hospital Expenses Medical & Allied Staffs Number Salary P. M. Total Consultancy to Doctors Medical Director 1 50,000 50,000 Operation Theatre 60% of revenue Dept. Doctor 12 30,000 360,000 Investigation 50% of revenue Emergency Dept. Doctor 3 18,000 54,000 Medical Consultation 50% of revenue Matron 1 15,000 15,000 X-ray 15% of revenue Sister 3 10,000 30,000 CT Scan 15% of revenue Staff Nurses 24 8,000 192,000 Ultrasound 15% of revenue CMA/ANM 24 4,500 108,000 Laboratory 15% of revenue Radiographer 1 8,000 8,000 Dressing 10% of revenue X -ray Assistant 1 5,000 5,000 Other 20% of revenue Lab Technician 3 8,000 24,000 Pharmacy (Cost of goods sold) 70% of revenue Pharmecy Staff 6 4,000 24,000 Other Operating Expenses Other Benefits 20% 174,000 Insurance 0.50% of FA Except LandRepair & Maintenance 1.50% of FA Except LandConsumables 5.00% of Hospital RevenueElectricity 12,000,000 Others 2,500,000 Total Total 1,044,000 Increment 5% per annum Increment 5% per annum

Administrative & Teaching Staffs Number Salary P. M. Total Administrative Exp AmountPrincipal 1 55,000 55,000 Printing and Stationery 1,080,000 Professors 7 50,000 350,000 1,200,000 Associate Professors 7 50,000 350,000 Vehicle running expenses 1,800,000 Assistant Professors 7 45,000 315,000 Staff & Welfare Expenses 1,200,000 Lecturer 7 40,000 280,000 Travelling Expenses 1,080,000 Departmental Tutor 7 20,000 140,000 Adv. & Promotion 1,080,000 Lab Staff Sr. 7 7,000 49,000 1,500,000 Lab Staff Jr. 7 5,000 35,000 Legal & Auditing Fee 150,000 Dept. Assistant 7 5,000 35,000 Communication Expenses 1,200,000 Librarian Sr. 2 10,000 20,000 Repair & Maintenance 1,800,000 Librarian Jr. 2 6,000 12,000 4,000,000 Audiovisual 1 6,000 6,000 Computer Teacher 1 8,000 8,000 Principal's Secretary 1 5,000 5,000 Administrator 1 12,000 12,000 Asst. Administrator 1 7,000 7,000 Finance Controller 1 15,000 15,000 Finance Officer 1 12,000 12,000 Asst. Finance Officer 2 7,000 14,000 Store Keeper 1 7,000 7,000 Store Assistant 1 5,000 5,000 Clerk 4 4,000 16,000 Receptionist 2 4,000 8,000 Electrician 1 5,000 5,000 Plumber 1 5,000 5,000 Peon 5 3,000 15,000 Security Guard 6 3,500 21,000 Driver 4 5,000 20,000 Sweeper 8 2,500 20,000

- Other Benefits 20% 368,400

Total 2,210,400 Total 16,090,000 Increment 5% per annum Increment Per annum 5%

Misc. Expenses

Security Expenses

Transportation

NRS '0002059/60 2060/61 2061/62 2062/63 2063/64 2064/65 2065/66 2066/67 2067/68 2068/69 2069/70

Sources of Funds

Shareholder's FundEquity Capital 96,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 Profit & Loss Account - - 7,248 64,902 105,954 176,379 247,593 308,585 349,774 375,444 380,453

Sub Total 96,000 100,000 107,248 164,902 205,954 276,379 347,593 408,585 449,774 475,444 480,453 Loans

Long term Loan 15,000 65,000 65,000 52,000 39,000 26,000 13,000 - - - - Short Term Loan - - - - - - - - - - -

Sub Total 15,000 65,000 65,000 52,000 39,000 26,000 13,000 - - - -

Total Sources 111,000 165,000 172,248 216,902 244,954 302,379 360,593 408,585 449,774 475,444 480,453

Application of FundsFixed Assets 72,810 136,110 222,750 245,750 245,750 245,750 245,750 245,750 245,750 245,750 245,750 Less: Depreciation - 3,266 7,048 11,209 15,369 19,530 23,691 27,852 32,013 36,174 40,335

Net fixed Assets 72,810 132,844 215,703 234,542 230,381 226,220 222,059 217,898 213,737 209,576 205,416

Current AssetsInventory - 1,558 4,547 5,303 5,355 6,015 6,043 6,716 6,751 6,787 6,825 Advances - 1,437 3,056 3,531 3,571 4,064 4,110 4,620 4,674 4,729 4,786 Deposit 2,750 4,105 8,730 10,089 10,204 11,610 11,744 13,200 13,355 13,513 13,674 Cash and Bank 4,854 16,240 2,818 72,171 149,270 254,330 332,643 383,338 428,649 458,444 467,580 Total Current Assets 7,604 23,339 19,150 91,095 168,399 276,019 354,541 407,875 453,429 483,473 492,864

Less: Current Liabilities and Provisions - 4,216 7,948 9,176 9,365 10,496 10,672 11,853 12,058 12,270 12,492 Less: Deposit From Student - 34,223 73,008 111,794 150,579 189,365 205,335 205,335 205,335 205,335 205,335

Net Current Assets 7,604 (15,099) (61,806) (29,874) 8,456 76,159 138,534 190,686 236,037 265,867 275,037

Prelimenary Expenditure 30,586 24,469 18,352 12,234 6,117 - - - - - - (to the extent of not written off)Profit & Loss Account - 22,786 - - - - - - - - -

Total Application 111,000 165,000 172,248 216,902 244,954 302,379 360,593 408,585 449,774 475,444 480,453

Description


Projected Balance Sheet

NRS '000Description 2060/61 2061/62 2062/63 2063/64 2064/65 2065/66 2066/67 2067/68 2068/69 2069/70Revenue

Hospital Income 74,907 159,325 184,131 186,216 211,886 214,327 240,908 243,730 246,608 249,544 Tution & Mess Income 12,608 32,180 51,881 71,720 91,709 87,510 69,641 51,791 33,961 16,152

Total Income 87,515 191,505 236,011 257,936 303,595 301,838 310,549 295,521 280,569 265,696

Less: ExpenditureHospital Expenses 51,292 96,706 111,639 113,938 127,698 129,841 144,216 146,700 149,288 151,985 Administrative Expenses 44,825 47,066 49,420 51,891 54,485 57,210 60,070 63,074 66,227 69,539

96,117 143,772 161,059 165,828 182,183 187,050 204,286 209,774 215,516 221,524

Profit before Dep and Interest (8,602) 47,732 74,952 92,108 121,411 114,787 106,263 85,747 65,054 44,173

Less: Depreciation and Amortization 9,384 9,899 10,278 10,278 10,278 4,161 4,161 4,161 4,161 4,161 Deprecitation 3,266 3,781 4,161 4,161 4,161 4,161 4,161 4,161 4,161 4,161 Amortizatiuon 6,117 6,117 6,117 6,117 6,117 - - - - -

Profit before Interest (17,986) 37,834 64,674 81,830 111,133 110,626 102,102 81,586 60,893 40,012

Interest on Loan 4,800 7,800 7,020 5,460 3,900 2,340 780 - - -

Profit before Tax (22,786) 30,034 57,654 76,370 107,233 108,286 101,322 81,586 60,893 40,012

Less: Income Tax - - - 35,318 26,808 27,072 25,330 20,397 15,223 10,003

Net Profit after Tax (22,786) 30,034 57,654 41,052 80,425 81,215 75,991 61,190 45,670 30,009

Equity Share Dividend - - - - 10,000 10,000 15,000 20,000 20,000 25,000 Previous year's Profit - (22,786) 7,248 64,902 105,954 176,379 247,593 308,585 349,774 375,444

Cumulative Profit frowarded to B/S (22,786) 7,248 64,902 105,954 176,379 247,593 308,585 349,774 375,444 380,453

M/s Janaki Medical College, Ramdaiya, Bhawadi, DhanushaProjected Profit and Loss Account

NRS '000Description 2060/61 2061/62 2062/63 2063/64 2064/65 2065/66 2066/67 2067/68 2068/69 2069/70

1. Cash Flow from Operating Activities

Net profit/(Loss) before Tax (22,786) 30,034 57,654 76,370 107,233 108,286 101,322 81,586 60,893 40,012 Add. Depreciation 3,266 3,781 4,161 4,161 4,161 4,161 4,161 4,161 4,161 4,161 Add: Amortization 6,117 6,117 6,117 6,117 6,117 - - - - - Less: Income Tax Payment - - - (35,318) (26,808) (27,072) (25,330) (20,397) (15,223) (10,003)

Cash Flow before change in W. C. (13,402) 39,932 67,932 51,330 90,703 85,376 80,152 65,351 49,831 34,170 Adjustments for Decrease/(Increase) in Inventories (1,558) (2,988) (757) (51) (661) (28) (673) (34) (36) (38) Decrease/(Increase) in Sundry Debtors (1,437) (1,619) (476) (40) (492) (47) (510) (54) (55) (56) Decrease/(Increase) in Advances & Deposits (1,355) (4,626) (1,359) (114) (1,407) (134) (1,456) (155) (158) (161) Increase/(Decrease) in Trade Payables 4,216 3,733 1,227 189 1,131 176 1,182 204 213 222 Increase/(Decrease) in Deposit From Student 34,223 38,786 38,786 38,786 38,786 15,971 - - - -

Net Cash flow from Operating activities 20,686 73,218 105,353 90,099 128,060 101,313 78,695 65,311 49,794 34,136

2. Cash Flow from Investing Activities

Decrease/(Increase) in Fixed Assets (63,300) (86,640) (23,000) - - - - - - - Decrease/(Increase) in Pre-operating Exp - - - - - - - - - -

Net Cash Flow from Investing Activities (63,300) (86,640) (23,000) - - - - - - -

3. Cash Flow form Financing Activities

Increase/(Decrease) in equity share capital 4,000 - - - - - - - - - Increase/(Decrease) in Long Term loans 50,000 - (13,000) (13,000) (13,000) (13,000) (13,000) - - - Increase/(Decrease) in Working Capital loans - - - - - - - - - - Dividend paid on equity share - - - - (10,000) (10,000) (15,000) (20,000) (20,000) (25,000)

Net Cash Flow from Financing Activities 54,000 - (13,000) (13,000) (23,000) (23,000) (28,000) (20,000) (20,000) (25,000)

Net increase in Cash and Cash equivalents 11,386 (13,422) 69,353 77,099 105,060 78,313 50,695 45,311 29,794 9,136 Cash and Cash Equivalents : Opening 4,854 16,240 2,818 72,171 149,270 254,330 332,643 383,338 428,649 458,444 Cash and Cash Equivalents : Closing 16,240 2,818 72,171 149,270 254,330 332,643 383,338 428,649 458,444 467,580


Projected Cash Flow Statement

Description Total Assets Addition Depreciation Closing Balance Op. Balance Addition Depreciation Closing BalanceLand & Land Development 0.00% 15,835,000 - - 15,835,000 15,835,000 - - 15,835,000 Building 1.65% 44,380,000 47,500,000 1,516,020 90,363,980 90,363,980 65,690,000 1,816,155 154,237,825 Medical Plant & Equipment 5.30% 6,128,957 10,000,000 854,835 15,274,122 15,274,122 18,050,000 1,281,485 32,042,638 Furniture Fixture & Equipment 7.30% 2,193,670 1,000,000 233,138 2,960,532 2,960,532 500,000 196,638 3,263,894 Vehicle 7.30% 4,272,600 4,800,000 662,300 8,410,300 8,410,300 2,400,000 487,100 10,323,200 Total 72,810,227 63,300,000 3,266,292 132,843,935 132,843,935 86,640,000 3,781,377 215,702,557

Description Op. Balance Addition Depreciation Closing Balance Op. Balance Addition Depreciation Closing BalanceLand and Land Development 0.00% 15,835,000 - - 15,835,000 15,835,000 - 15,835,000 Building and Civil Construction 1.65% 154,237,825 23,000,000 2,195,655 175,042,170 175,042,170 2,195,655 172,846,515 Plant Machinery 5.30% 32,042,638 - 1,281,485 30,761,153 30,761,153 1,281,485 29,479,668 Furniture, Fixtures & Office Equipm7.30% 3,263,894 - 196,638 3,067,256 3,067,256 196,638 2,870,618 Vehicle 7.30% 10,323,200 - 487,100 9,836,101 9,836,101 487,100 9,349,001 Total 215,702,557 23,000,000 4,160,877 234,541,680 234,541,680 4,160,877 230,380,802

Description Op. Balance Addition Depreciation Closing Balance Op. Balance Depreciation Closing BalanceLand and Land Development 0.00% 15,835,000 - - 15,835,000 15,835,000 - 15,835,000 Building and Civil Construction 1.65% 172,846,515 - 2,195,655 170,650,860 170,650,860 2,195,655 168,455,205 Plant Machinery 5.30% 29,479,668 - 1,281,485 28,198,183 28,198,183 1,281,485 26,916,699 Furniture, Fixtures & Office Equipm7.30% 2,870,618 - 196,638 2,673,980 2,673,980 196,638 2,477,343 Vehicle 7.30% 9,349,001 - 487,100 8,861,901 8,861,901 487,100 8,374,801 Total 230,380,802 - 4,160,877 226,219,925 226,219,925 4,160,877 222,059,047



2064/65 2065/66

2066/67 2067/68

2068/69 2069/70

2060/61 2061/62


Fixed Assets & Depreciation

2062/63 2063/64

Fixed Assets

S. No. Description Existing(2059/60) Addition (2060/61)Addition (2061/62Addition (2062/63 Total

1 Land & Land Development 15,835,000 - 15,835,000 2 Building 44,380,000 47,500,000 65,690,000 23,000,000 180,570,000

Teaching Building Block A, B(16,500 sq. ft.) 13,200,000 - - - Hospital Building Block 1, 2, 3 (20,000 sq. ft.) 24,000,000 - - - Faculty Building 2,700,000 - - - Total Compound Wall 2,500,000 - - - 3 Toilets and 1 Store Room 1,100,000 - - - Canteen (2200 sq. ft) 880,000 - - -

Hospital Buildings (40,000 sq. ft.) - 16,000,000 16,000,000 - OPD & Emergency Block (24,000 sq. ft.) - 10,000,000 9,200,000 - Rump - 500,000 490,000 - Boys Hostel (45,000 sq. ft.) - 7,500,000 15,000,000 9,000,000 Staff Quarter (45,000 sq. ft.) - 7,500,000 15,000,000 9,000,000 Girls Hostel (30,000 sq. ft.) - 6,000,000 10,000,000 5,000,000

3 Medical Plant & Equipment 6,128,957 10,000,000 18,050,000 - 34,178,957 Hospital & Teaching Equipment 5,488,868 - Gas Sylinder 3,500 - Office Equipment 101,860 - Refregerator 52,500 - Generator, Mixure & Vibrator 482,229 - ECG Machine 1 - 250,000 TMT Equipment 1 1,700,000 Cardiac Imaging 1 2,000,000 Holder 1 150,000 Ultrasound 1 800,000 Endoscopy 1 400,000 Colonoscope 1 - 600,000 Analyser - Pathology 1 - 250,000 Thyroid Test Machine 1 200,000 EMD Machine 1 150,000 Cardiac Monitor 1 300,000 Anesthesia Appartus 1 500,000 Ventilator 1 300,000

M/s Janaki Medical College, Ramdaiya, Bhawadi, DhanushaDetailed Statement of Fixed Assets

Accessories for Anesthesia 150,000 Infants Incubator 3 300,000 Neonantal Resuscitation 1 50,000 Physiotherapy Equipments - 700,000 Steam Sterilizer 400,000 X - Ray Machine 950,000 CT Scan - 15,000,000 Equipments for OT 900,000 Miscellaneous 500,000 1,500,000

4 Furniture Fixture & Equipment 2,193,670 1,000,000 500,000 - 3,693,670 Hospital's Furniture 1,492,000 500,000 Administrative Block's Furnitures 701,670 Other Furniture - 500,000 500,000

5 Vehicle 4,272,600 4,800,000 2,400,000 - 11,472,600 Buses - 2 2,500,000 - Car 990,000 - Van 780,000 - Cycle 2,600 - Ambulance - 3 - 3,600,000 Vehicles - 1,200,000 2,400,000 -

6 Pre-operating Expenses 30,586,096 - 30,586,096

Total Project Cost 103,396,323 63,300,000 86,640,000 23,000,000 276,336,323

NRS' 0002060/61 2061/62 2062/63 2063/64 2064/65 2065/66 2066/67 2067/68 2068/69 2069/70

Capacity Utilisation 25% 35% 40% 40% 45% 45% 50% 50% 50% 50%

ConsumablesConsumables 3,132 4,604 5,525 5,801 6,853 7,196 8,395 8,815 9,255 9,718 Cost of medicine 14,972 48,910 55,897 55,897 62,884 62,884 69,871 69,871 69,871 69,871

Total Consumables 18,104 53,514 61,422 61,698 69,737 70,079 78,266 78,685 79,126 79,589

Doctors Consultancy fee 14,851 21,207 24,721 25,216 28,935 29,514 33,449 34,118 34,800 35,496 Medical & Allied Staffs 13,572 14,251 14,963 15,711 16,497 17,322 18,188 19,097 20,052 21,055

UtilitiesElectricity 3,000 4,410 5,292 5,557 6,564 6,892 8,041 8,443 8,865 9,308 Others 625 919 1,103 1,158 1,367 1,436 1,675 1,759 1,847 1,939

Total Utilities 3,625 5,329 6,395 6,714 7,931 8,328 9,716 10,201 10,712 11,247

Repair & Maintenance 855 1,804 3,104 3,449 3,449 3,449 3,449 3,449 3,449 3,449

Total Repairs and Maintenances 855 1,804 3,104 3,449 3,449 3,449 3,449 3,449 3,449 3,449

Insurance 285 601 1,035 1,150 1,150 1,150 1,150 1,150 1,150 1,150

Total Insurance 285 601 1,035 1,150 1,150 1,150 1,150 1,150 1,150 1,150

Total Variable Cost 51,292 96,706 111,639 113,938 127,698 129,841 144,216 146,700 149,288 151,985

Description


Hospital Expenses

No of paid 2060/61 2061/62 2062/63 2063/64 2064/65 2065/66 2066/67 2067/68 2068/69 2069/70Student

Tution Fee (Nepalese)Batch - 1st 27 4,387,500 7,020,000 7,020,000 7,020,000 7,020,000 2,632,500 - - - - Batch - 2nd 27 - 4,387,500 7,020,000 7,020,000 7,020,000 7,020,000 2,632,500 - - - Batch - 3rd 27 - - 4,387,500 7,020,000 7,020,000 7,020,000 7,020,000 2,632,500 - - Batch - 4th 27 - - - 4,387,500 7,020,000 7,020,000 7,020,000 7,020,000 2,632,500 - Batch - 5th 27 - - - - 4,387,500 7,020,000 7,020,000 7,020,000 7,020,000 2,632,500

Total ('000) 4,388 11,408 18,428 25,448 32,468 30,713 23,693 16,673 9,653 2,633

Tution Fee (Others)Batch - 1st 27 7,020,000 11,232,000 11,232,000 11,232,000 11,232,000 4,212,000 - - - - Batch - 2nd 27 - 7,020,000 11,232,000 11,232,000 11,232,000 11,232,000 4,212,000 - - - Batch - 3rd 27 - - 7,020,000 11,232,000 11,232,000 11,232,000 11,232,000 4,212,000 - - Batch - 4th 27 - - - 7,020,000 11,232,000 11,232,000 11,232,000 11,232,000 4,212,000 - Batch - 5th 27 - - - - 7,020,000 11,232,000 11,232,000 11,232,000 11,232,000 4,212,000

Total ('000) 7,020 18,252 29,484 40,716 51,948 49,140 37,908 26,676 15,444 4,212

Net Mess IncomeNo. of Total Student 300 60 120 180 240 300 300 300 300 300 300 Rate/student 20,000 21,000 22,050 23,153 24,310 25,526 26,802 28,142 29,549 31,027

Total ('000) 1,200 2,520 3,969 5,557 7,293 7,658 8,041 8,443 8,865 9,308

Total Tution & Mess Income (NRS '000) 12,608 32,180 51,881 71,720 91,709 87,510 69,641 51,791 33,961 16,152

* Semester is started from Decmber * MBBS is 5 years course

Description

M/s Janaki Medical College, Ramdaiya, Bhawadi, DhanushaEstimation of Tution & Mess Income

2060/61 2061/62 2062/63 2063/64 2064/65 2065/66 2066/67 2067/68 2068/69 2069/70Capacity Utilisation 25% 35% 40% 40% 45% 45% 50% 50% 50% 50%

Bed RevenueGeneral bed 27,375 89,425 102,200 102,200 114,975 114,975 127,750 127,750 127,750 127,750 Rate 250 255 260 265 271 276 282 287 293 299

Total ('000) 6,844 22,803 26,582 27,114 31,113 31,735 35,967 36,686 37,420 38,168

Operation Theatre 913 1,278 1,460 1,460 1,643 1,643 1,825 1,825 1,825 1,825 Rate 15,000 15,300 15,606 15,918 16,236 16,561 16,892 17,230 17,575 17,926

Total ('000) 13,688 19,546 22,785 23,240 26,668 27,202 30,829 31,445 32,074 32,716

Investigation 4,563 6,388 7,300 7,300 8,213 8,213 9,125 9,125 9,125 9,125 Rate 1,000 1,020 1,040 1,061 1,082 1,104 1,126 1,149 1,172 1,195

Total ('000) 4,563 6,515 7,595 7,747 8,889 9,067 10,276 10,482 10,691 10,905

Medical Consultation - New 27,375 38,325 43,800 43,800 49,275 49,275 54,750 54,750 54,750 54,750 Rate 20 20 21 21 22 22 23 23 23 24

Total ('000) 548 782 911 930 1,067 1,088 1,233 1,258 1,283 1,309

Medical Consultation - Old 4,563 6,388 7,300 7,300 8,213 8,213 9,125 9,125 9,125 9,125 Rate 10 10 10 11 11 11 11 11 12 12

Total ('000) 46 65 76 77 89 91 103 105 107 109

X-ray 7,300 10,220 11,680 11,680 13,140 13,140 14,600 14,600 14,600 14,600 Rate 500 510 520 531 541 552 563 574 586 598

Total ('000) 3,650 5,212 6,076 6,197 7,112 7,254 8,221 8,385 8,553 8,724

CT Scan 913 1,278 1,460 1,460 1,643 1,643 1,825 1,825 1,825 1,825 Rate 4,500 4,590 4,682 4,775 4,871 4,968 5,068 5,169 5,272 5,378

Total ('000) 4,106 5,864 6,835 6,972 8,001 8,161 9,249 9,434 9,622 9,815

Ultrasound 2,281 3,194 3,650 3,650 4,106 4,106 4,563 4,563 4,563 4,563 Rate 1,000 1,020 1,040 1,061 1,082 1,104 1,126 1,149 1,172 1,195

Total ('000) 2,281 3,258 3,797 3,873 4,445 4,534 5,138 5,241 5,346 5,453

Laboratory 18,250 25,550 29,200 29,200 32,850 32,850 36,500 36,500 36,500 36,500 Rate 700 714 728 743 758 773 788 804 820 837

Total ('000) 12,775 18,243 21,266 21,691 24,891 25,388 28,773 29,349 29,936 30,535

Dressing 18,250 25,550 29,200 29,200 32,850 32,850 36,500 36,500 36,500 36,500 Rate 200 204 208 212 216 221 225 230 234 239

Total ('000) 3,650 5,212 6,076 6,197 7,112 7,254 8,221 8,385 8,553 8,724

Other 13,688 19,163 21,900 21,900 24,638 24,638 27,375 27,375 27,375 27,375 Rate 100 102 104 106 108 110 113 115 117 120

Total ('000) 1,369 1,955 2,278 2,324 2,667 2,720 3,083 3,145 3,207 3,272

Pharmacy Income 21,389 69,871 79,852 79,852 89,834 89,834 99,815 99,815 99,815 99,815 Total ('000) 21,389 69,871 79,852 79,852 89,834 89,834 99,815 99,815 99,815 99,815

Total Hospital Income (NRS '000) 74,907 159,325 184,131 186,216 211,886 214,327 240,908 243,730 246,608 249,544

Description

M/s Janaki Medical College, Ramdaiya, Bhawadi, DhanushaEstimation of Hospital Income

2059/60 2060/61 2061/62 2062/63 2063/64 2064/65 2065/66 2066/67 2067/68 2068/69 2069/70

Loans

Opening Balance 15,000,000 15,000,000 65,000,000 65,000,000 52,000,000 39,000,000 26,000,000 13,000,000 - - - Long Term Loan 15,000,000 15,000,000 65,000,000 65,000,000 52,000,000 39,000,000 26,000,000 13,000,000 - - - Short Term Loan - - - - - - - - - - -

Total 15,000,000 15,000,000 65,000,000 65,000,000 52,000,000 39,000,000 26,000,000 13,000,000 - - -

Repayment of loan - (50,000,000) - 13,000,000 13,000,000 13,000,000 13,000,000 13,000,000 - - - Long Term Loan - (50,000,000) - 13,000,000 13,000,000 13,000,000 13,000,000 13,000,000 - - - Short Term Loan - - - - - - - - - - -

Closing Balance 15,000,000 65,000,000 65,000,000 52,000,000 39,000,000 26,000,000 13,000,000 - - - - Long Term Loan 15,000,000 65,000,000 65,000,000 52,000,000 39,000,000 26,000,000 13,000,000 - - - - Short Term Loan - - - - - - - - - - -

Total 15,000,000 65,000,000 65,000,000 52,000,000 39,000,000 26,000,000 13,000,000 - - - Average Balance 15,000,000 40,000,000 65,000,000 58,500,000 45,500,000 32,500,000 19,500,000 6,500,000 - - -

Interest Rate 12.00% 12.00% 12.00% 12.00% 12.00% 12.00% 12.00% 12.00% 12.00% 12.00%

Interest 4,800,000 7,800,000 7,020,000 5,460,000 3,900,000 2,340,000 780,000 - - -


Loan Repayment Schedule

S No

Year Investment Equity & Loan

Net Profit Depreciation, Interest & Amortisation

Annual Cash flow

Discount Factor (DF)

NPV at given DF

Year 0 (103,396) (103,396) 1 2060/61 (63,300) 30,034 17,699 (15,568) 15% 76,4302 2061/62 (86,640) 57,654 17,298 (11,688) 20% 37,3723 2062/63 (23,000) 41,052 15,738 33,790 25% 10,3094 2063/64 80,425 14,178 94,603 27.50% 05 2064/65 81,215 6,501 87,716 30% (8,649)6 2065/66 75,991 4,941 80,932 40% (31,504)7 2066/67 61,190 4,161 65,351 8 2067/68 45,670 4,161 49,831 9 2068/69 30,009 4,161 34,170

10 2069/70 33,129 - 33,129 Internal Rate Return (IRR) 27.50%


Calculation of Net present Value & IRR

S No

Year Investment Equity & Loan

Net Profit Depreciation, Interest & Amortisation

Annual Cash flow

Cummulative Cash inflow

Payback period

Year 0 (103,396) (103,396) (103,396)1 2060/61 (63,300) 30,034 17,699 (15,568) (118,964) 2 2061/62 (86,640) 57,654 17,298 (11,688) (130,652) 3 2062/63 (23,000) 41,052 15,738 33,790 (96,862) 4 2063/64 80,425 14,178 94,603 (2,259) 5 2064/65 81,215 6,501 87,716 85,457 4.03 6 2065/66 75,991 4,941 80,932 166,389 7 2066/67 61,190 4,161 65,351 231,739 8 2067/68 45,670 4,161 49,831 281,570 9 2068/69 30,009 4,161 34,170 315,740

10 2069/70 33,129 - 33,129 348,869 Payback Period 4.03


Calculation of Payback Period

NRS 0002060/61 2061/62 2062/63 2063/64 2064/65 2065/66 2066/67 2067/68 2068/69 2069/70

Net Profit Before interest & deprecia (8,602) 47,732 74,952 92,108 121,411 114,787 106,263 85,747 65,054 44,173

Interest 4,800 7,800 7,020 5,460 3,900 2,340 780 - - -

Profit before Depreciation & Tax (13,402) 39,932 67,932 86,648 117,511 112,447 105,483 85,747 65,054 44,173

Less: Depreciation & Amortisation 9,384 9,899 10,278 10,278 10,278 4,161 4,161 4,161 4,161 4,161

Profit before Tax (22,786) 30,034 57,654 76,370 107,233 108,286 101,322 81,586 60,893 40,012

Less: - Income Tax - - 35,318 26,808 27,072 25,330 20,397 15,223 10,003 11,043

Net Profit (Transferred to B/S) (22,786) 30,034 22,336 49,561 80,162 82,956 80,925 66,363 50,890 28,969


Profitability Analysis

Fixed Assets

S. No. Description 2059/60 2060/61 2061/62 2062/63 Total

1 Land & Land Development 15,835,000 - - - 15,835,000 2 Building 44,380,000 47,500,000 65,690,000 23,000,000 180,570,000 3 Medical Plant & Equipment 6,128,957 10,000,000 18,050,000 - 34,178,957 4 Furniture Fixture & Equipment 2,193,670 1,000,000 500,000 - 3,693,670 5 Vehicle 4,272,600 4,800,000 2,400,000 - 11,472,600 6 Pre-operating Expenses 30,586,096 - - - 30,586,096

Total Project Cost 103,396,323 63,300,000 86,640,000 23,000,000 276,336,323

Financing Pattern of the Project

Equity Financing (Net of Internal Accruals) 88,396,323 13,300,000 86,640,000 23,000,000 211,336,323 Loan Financing 15,000,000 50,000,000 - - 65,000,000

Total Financing Pattern 103,396,323 63,300,000 86,640,000 23,000,000 276,336,323

M/s Janaki Medical College, Ramdaiya, Bhawadi, DhanushaSummary of Project Cost

NRS 000Particulars 2060/61 2061/62 2062/63 2063/64 2064/65 2065/66 2066/67 2067/68 2068/69 2069/70Net profit after tax before Interest (17,986) 37,834 29,356 55,021 84,062 85,296 81,705 66,363 50,890 28,969

Total Capital employed 165,000 172,248 216,902 244,954 302,379 360,593 408,585 449,774 475,444 480,453 Equity capital 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 Net worth 77,214 107,248 164,902 205,954 276,379 347,593 408,585 449,774 475,444 480,453 Total Debt 65,000 65,000 52,000 39,000 26,000 13,000 - - - -

Return on Capital employed -10.90% 21.96% 13.53% 22.46% 27.80% 23.65% 20.00% 14.75% 10.70% 6.03%

Return on Equity -22.79% 30.03% 22.34% 49.56% 80.16% 82.96% 80.93% 66.36% 50.89% 28.97%

Return on Networth -29.51% 28.00% 13.55% 24.06% 29.00% 23.87% 19.81% 14.75% 10.70% 6.03%

Debt to Total Capital 39.39% 37.74% 23.97% 15.92% 8.60% 3.61% 0.00% 0.00% 0.00% 0.00%

Debt/ Net worth ratio 84/100 61/100 32/100 19/100 9/100 4/100 0 0 0 0

Debt Serving Capacity Ratio

Particulars 2060/61 2061/62 2062/63 2063/64 2064/65 2065/66 2066/67 2067/68 2068/69 2069/70

Net Profit Before Interest and dep. afte (8,602) 47,732 39,634 65,299 94,340 89,457 85,866 70,524 55,051 33,129

Payment of Interest and Principal 4,800 7,800 20,020 18,460 16,900 15,340 13,780 - - -

Debt Serving Ratio (1.79) 6.12 1.98 3.54 5.58 5.83 6.23


Financial Ratios

NRS '0002060/61 2061/62 2062/63 2063/64 2064/65 2065/66 2066/67 2067/68 2068/69 2069/70

Current Assets:

Inventory 1,558 4,547 5,303 5,355 6,015 6,043 6,716 6,751 6,787 6,825 Consumables 257 378 454 477 563 591 690 724 761 799 Medicine 1,231 4,020 4,594 4,594 5,169 5,169 5,743 5,743 5,743 5,743 Other Consumables 70 148 255 283 283 283 283 283 283 283

Advances 1,437 3,056 3,531 3,571 4,064 4,110 4,620 4,674 4,729 4,786

Deposits 4,105 8,730 10,089 10,204 11,610 11,744 13,200 13,355 13,513 13,674

Operational Cash 2,003 2,178 2,336 2,456 2,612 2,741 2,915 3,059 3,209 3,367 Administrative Expenses 1,842 1,934 2,031 2,132 2,239 2,351 2,469 2,592 2,722 2,858 Utilities 149 219 263 276 326 342 399 419 440 462 Insurance 12 25 43 47 47 47 47 47 47 47

Total Current Assets 9,102 18,510 21,260 21,585 24,301 24,638 27,452 27,839 28,238 28,652

Current Liabilities: 4,216 7,948 9,176 9,365 10,496 10,672 11,853 12,058 12,270 12,492

Account Payable 4,216 7,948 9,176 9,365 10,496 10,672 11,853 12,058 12,270 12,492

Net Working Capital 4,886 10,562 12,085 12,220 13,806 13,966 15,599 15,781 15,968 16,160

Description


Working Capital Requirement Analysis

ParameterBSISCashflowDepreciationFAExpensesFeesIncomeLoanNPV N IRRPBPProfitabilityProject CostRatiosWC

Documents

Business Plan