CONTENTS

M/S. Multi Modern Apparels Limited

Sl.# Description Page #01 Project Summary 01-0402 Introduction 0503 Management Aspect 06-1104 Technical Aspect 12-2005 Implementation Schedule 2106 Marketing Aspect 22-2907 Financial Aspect 30-54

a Fixed Cost of the Project & Means of Finance 31-32b Estimating of Working Capital 33c Project Earning Forecast 34d Sensitivity Analysis (5% increase in Cost of Production) 35e Sensitivity Analysis (5% Decrease Sales Price) 36f Production at 100% capacity 37g Sales Estimate 37h Raw Material Description 38I Cost of Goods Sold Statement 39j Manufacturing Expenses 40k Factory Wages & Salaries & Administrative Salary 41-43l Utility Consumption 44

m Depreciation Charges 44n Distribution & Selling Expenses 45o Administrative & General Expenses 45p Financial Expenses 46q Year wise Repayment 46r Amortization & Repayment Schedule 47s Cash Flow Statement 48t Debt Service Coverage Ratio (DSCR) 49u Breakeven Analysis 50v Fund Flow Statement 51w Project Balance Sheet 52x Pay Back Period 53y Internal Rate of Return (IRR) 54

8 Economic Aspect 559 Building & Civil Estimated Cost Annexure-I

10 Importable Machinery List Annexure-II11 Local Machinery List Annexure-III

PROJECT SUMMARY

FEASIBILITY REPORTON

M/S. MULTI MODERN APPARELS LIMITED(100% EXPORT ORIENTED GARMENTS FACTORY)

Office : House No.18, Apt – B5,Road No.7 , Block – C,Niketon, Gulshan – 1,

Dhaka-1213, Bangladesh.

Factory :Vill: Donayet, Near Yousuf Market,U.P. Yarpur, P.S : Ashulia,Dhaka-1241,Bangladesh.

PREPARED BY :Company Management.

Dated: May - 2016

05. The proposed project envisages for setting up 100% export oriented Garments Industry. Mainly for producing Export Jeans & Ladies Denim Long Pants, Twill Long Pants, Cotton Long Pants, Polyester Long Pants, All kinds of Shirts and Knit wear items etc. for Exportable Market under name and style of M/S. MULTI MODERN APPARELS LIMITED. The project will be beside on a pacca road & which will be at distance of 25 km. from Dhaka City. The project site is enjoying every facility like Gas, Electricity, Water, Skilled labor and good road communication.

It is noted that a lion of export earning incurred in our country from Readymade Garments Sector. Bangladesh is a labor intensive country and the manufacturing cost is more cheap than other Foreign Country, like Thailand, Singapore, Germany, Japan, U.K., U.S.A., China, India etc. The demand of exportable Ready-made Garments is increasing day by day due to labor intensiveness and cheaper production cost.The project will be equipped most modern and sophisticated Japan/China/Malaysia/Thailand/South Korea origin Garments machinery along with required & balance front & back process machinery . The project will be equipped with a 01 sets of Gas Generator having Capacity 1 MEGA Watt of “UK’’ origin for achieving the unbreakable production of the project.The final product of the project will be Finished All kinds of Garments like as Long Pant, Trousers, Short, Shirts, Knit wear etc. which will be exported to aboard. The cost of foreign machinery will be US$ 17,08,861 Equivalent to Tk. 13,50,00,000.00. And the cost of Local machinery, fire Hydrant, Electric Items and equipment with vehicles and office furniture& fixtures will be Tk. 10,50,00,000.00. The project is expected to go into commercial operation within 12 (Twelve) months from the date of opening L/C. with the Bank. After implementation the unit will create job opportunities for 1,500 Personnel. The fixed cost of the Project has been estimated at Tk. 5990.00 Lac.

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06. PRODUCTION CAPACITY :

After implementation of the project by new importable machinery and equipment, the product mix and the production capacity of the project based on 10 (Ten) hour single shift per day operation for its Garments section & 300 working days per year at 100% capacity utilize will be as follows :

01 Name of the project : M/S. MULTI MODERN APPAARELS LIMITED.

02 Type of the project

:

PRIVATE LIMITED CO.

03 Registered Office : 151/8, Green Road (2nd Floor).

04 Location of the Project : The Project is to be located at on Mouza – Diakhali, Savar, P.S. Ashulia under District. Dhaka on own project land measuring 105 (One hundred five ) Decimal. The site is at a distance of 25 km. from Dhaka City.

Sl.No. Product Name Qnty. per day at 100% Capacity Utilization.

Quantity per year at 100% Capacity Utilization.

AGarments Section

Exportable All kinds of Jeans Denim/Twill Long

Pants/Shorts.

12000 Pcs. 3600,000 Pcs.

07. Investment. : The Fixed cost of the project has become Tk. 5990.00 Lac. To set up the Project. It will need finance from any commercial Bank, which has been estimated at Tk. 41930 Lac. Which is 70:30 Debt Equity Ratio of the Total Fixed Cost.

08. Assumptions : i) Rate of Investment ii) Construction Period iii) Repayment iv) Grace Period

::::

10.00 %12 (Twelve) Months.07 (Seven) Years (Including Grace Period) ?12 (Twelve) Months (Including Construction Period).

09. Means of Finance. (Fig. in lac)

Items Local Currency Foreign TotalEquity from Sponsor 1083.00 714.00 1797.00

Loan from Bank 3122.00 1071.00 4193.00TOTAL 4205.00 1785.00 5990.00

DEBT – EQUITY RATIO ( ON TOTAL FIXED COST ) : 70 : 30

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10. Working Capital. (Fig. in Tk. “000”)

Items Local Currency TotalEquity from Sponsor 1325.32 1325.32

Loan from Bank 3092.42 3092.42TOTAL 4417.74 4417.74

DEBT – EQUITY RATIO ( ON FIXED COST ) : 70 : 30

11. Estimated Operating Results. (Fig. in Tk. “000”)

Description Year -1 Year – 2 Year - 3Capacity Utilization 60% 65% 70%a)Sales Revenue 1016089 1178516 1270948b)Gross Profit 195704 231250 253451c)Operating Profit 174541 208733 229557d)Net Profit 55291 75409 88536RATIOS (%)i) Gross profit to sales 19.26% 19.26% 19.26%ii) Operating profit to sales 17.18% 17.71% 18.06%iii)Net Profit to sales 5.44% 6.40% 6.96%iv)Current Ratio (Times) 1.59 1.77 1.95v) Quick Ratio (Times) 0.57 0.77 0.95

12. Break Even Analysis.

The break – even analysis has been carried out on the basis of cost & sales data of 1 st year operation. The project is expected to break even at 45.62% of the assumed capacity with the sales revenue of Tk. 4635.41 Lac. i.e. 29.65% of the rated capacity utilization. The cash breakeven will be at Tk. 3193.31 Lac. At 45.62% of the assumed capacity utilization. The margin of safely is at 54.38% which are satisfactory.

13. Debt Service Coverage Ratio.

The Debt service coverage ratio of the year 1st year is 1.78 times, 2nd year is 2.02 times and 3rd year is 2.15 times which are satisfactory.

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14. Internal Rate of Return.

The internal rate of return of the project has been computed by following discounted cash flow technique. The project’s estimated internal rate of return will be around 23%, which indicates high profitability of the project.

15. Projected Balance Sheet.

The projected balance sheet concern is expected to maintain a healthy financial position during its operational life.

16. Employment Opportunity: 1,337 Persons.

17. Marketing Aspects.

The Woven/Knit Garments Sector occupies a significant position in the economy of Bangladesh. Our country is in advantage position having cheap and sufficient skill labor mechanical personnel’s. The project is an export-oriented garments industry. The project has good and wide markets in the country as well as worldwide.

18. Conclusion and Recommendation.

From the detail analysis, it seems that the project is technically feasible, economically & commercially rewarding viable. After implementation of the project will be able to generate sufficient revenue from its operation to pay back debt obligation and annual operational expenses. The project is financially desirable and suitable for Bank Financing.

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02. INTERDUCTION:

The proposed project envisages for setting up a 100% Export Woven/Knit Garments unit. Mainly for producing Exportable Jeans/Denim /Twill/Cotton and Polyester Long/Short Pants, All kinds of Shirts etc. for Exportable market under name and style of M/S. MULTI MODERN APPARELS LIMITED. The reject site is enjoying every facility like Gas, Electricity, Water, Skilled labor and good road communication.

The project is to be located at on Mouza – Diakhali, U.P. Yarpur, P.S. Ashulia under District. Dhaka own project land measuring 105(One hundred five) Decimal. The project will beside on a pacca road & which is at a distance on 25 km. from City. The project site is enjoying every facility like gas, electricity, water, skilled labor and good road communication.

Bangladesh is one of the third world countries. National economy of the country is best with enormous national climates like flood drought like flood drought etc. Besides, the country is also facing tremendous unemployment problem. The country is over polluted and per capital income of her people is alarming low. The contribution of agricultural sector of the country is 31% of the GDP. The contribution of the industrial sector is about 15% still. Now the country is required to aspect out the process of industrialization of increase domestic production for local consumption as well as for export. The rapid industrialization will help to solve the unemployment policy allowing enough fiscal and monetary benefits to attract the investor for investment in industrial sector. Particularly the Government has put much emphasis for setting up of exports oriented industries or export linkage industry. Which will ultimately contribute to earning the foreign currency of the country?The present industrial policy of the Government has indentified few sector of national economy for setting export oriented and exports linkage industries.

The Woven/Knit Garments Sector occupies a significant position in the economy of Bangladesh. Our country is in advantage position having cheap and sufficient skill labor and mechanical personnel’s. The project is an export – oriented industry. The project has good and wide markets in the country as well as worldwide.

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MANAGEMENT ASPECT

03. MANAGEMENT ASPECTS.1.01 Introduction:The proposed project envisages for setting up a 100% export oriented woven/Knit Garments Industry unit mainly for producing Exportable Jeans/Denim/Twill/Cotton/Polyester Long and

Short Pants and all kinds of Shirts etc. for Exportable market under name and style of M/S. MULTI MODERN APPARELS LIMITED. The project site is enjoying every facility like Gas, Electricity, Water, Skilled labor and good Road Communication. The project is to be located at on Mouza – Diakhali, U.P. Yarpur, P.S: Ashulia under District Dhaka on own project land measuring 105(One hundred five) Decimal. The project will be beside on a pacca road & which is at a distance of 25 km. from Dhaka City. The project site is enjoying every facility like Gas, Electricity, Water, Skilled labor and good road communication.1.02 Legal status of the proposed Company:The proposed industrial venture will be a Private Limited Company. The Company has been incorporated with the Register of Joint Stock Companies, Bangladesh Registration No. C-44725(1253)2002 on 01 January 2002 under the Companies Act. 1994. The Authorized Share of the Company is 3.00 Core divided in to 3.00 Lac Ordinary share of Tk. 100/- each. The paid up Capital is Tk. 1.00 Core divided in to 1.00 Lac share of Tk. 100/- each.1.03 Corporate Set – Up :The project will be promoted by some experience persons and shall be operated by a Private Limited Company.

The sponsors have gathered sufficient experience in this line of product and they are well qualified. They intend to set up their industrial project out of their savings and Bank loan. The sponsors are associates with business and they have experience in industrialization. It is expected that they will be able to implemented and run the project successfully.

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The Managing Director & Directors are educated and experienced in different business. They are involved in different Trading business from long time and gathered experience in the business sector. Their status experience and background are presented below.

Sl.#Name of the sponsors Present Address

Number of Shares Position

01 S.M. KawrarJahanMustataS/O : SayedurRahman

Flat # 3, Building # 4, Road # 2/A, PWD Officer,s Quarter,

Dhanmondi D/A, Dhaka-1205.1250 Chairman

02 Md. Altaf HossainS/O: Late. Amir Hossain

House # 39, Road # 19, Sector – 11, UttaraModel Town, Dhaka-

12301250

ManagingDirector

03 Md. GolamKabirS/O : Late. Ali AkberTalukder.

House # 18, Apt-B5, Road # 7, Block-C, Niketon, Gulshan-1,

Dhaka-1213.1250 Director

04 Md. Nazrul IslamS/O : Late. Md.

MujiburRahman.

House # 23/B, (3rd Fl.), Road # 35, Sector – 07, UttaraMedel Town,

Dhaka-1230.1250 Director

Total 5000

04. MANAGEMENT OF THE COMPANY :

The affairs of the Company shall be in hands of Managing Director subject to the overall control and supervision of the Director and the Provisions of these present and any law for the time being in force. The Managing Director will be the chief executive to look after the business affairs and other logistic support to the company. Highly qualified and experience General Manager will be recruited to support the Managing Director in all operational level of activities Besides, other Director will assist the Managing Director at different levels. The Management will recruit skill person to produce quality product for export markets. Sponsors BIO-DATA are shown below: -

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BIO-DATA – 01(Chairman of the Company)

Name : S.M. KawsarJahan Mustafa

Father’s Name : SayedurRahman

Mother’s Name : Mrs. Nurjahan Begum

Present Address : Flat # 3, Building # 4, Road # 2/A, PWD Officer,s Quarter, Dhanmondi D/A, Dhaka-1205.Mob. No. 01720-983418/

Permanent Address : North Mourail, Gokama Road, P.S. Dist:Brahmanbaria, Bangladesh.

Date of Birth : December 21, 1968.

Age : 47 Years 06 Months.

Religion : Islam (Sunni).

Educational Qualification : M.A Passed, From Dhaka University.

Nationality : Bangladeshi by birth.

Professional Experiences : 1)06 (Eight) years business experiences in Readymade Garments Sector.2)10 (Ten) Years business Experiences in Import/Export and Construction.

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BIO-DATA – 02(Managing Director of the Company)

Name : Md. Altaf Hossain

Father’s Name : Md. Late. Amir Hossain

Mother’s Name : Late. RahimaKhatun

Present Address : House # 39, Road # 19, Sector – 11, UttaraModel Town, Dhaka-1230, Bangladesh.Mob. No. 01715-152765

Permanent Address : Vill + Post Office: Bothalbunia,Upazila + Dist: Patuakhali, Bangladesh.

Date of Birth : September 12, 1962

Age : 53 Years 09 Months.

Religion : Islam (Sunni).

Educational Qualification : Arts Graduate, from Dhaka University.

Nationality : Bangladeshi by birth.

Professional Experiences : Total Garments Experiences: 27 Years and 06 Months.

(1)As an Executive Director 14 Years 03 Months.

(2) Commercial Officer to GeneralManager Experiences 13 Years 03 Months.

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BIO-DATA – 03(Director of the Company)

Name : Md. GolamKabir

Father’s Name : Late. Ali AkberTalukder.

Mother’s Name : Late.Rabeya Begum

Present Address : House # 18, Apt-B5, Road # 7, Block-C, Niketon, Gulshan-1,Dhaka-1213, Bangladesh.Residence Phone # 8802 : 8818698 &Mob. No. 01711-535653 / 01778-171817

Permanent Address : Vill: Madhabkhali, Post Office : Kathaltali,P.S. Mirzagong, Dist :Patuakhali, Bangladesh.

Date of Birth : April 02, 1965

Age : 51 Years 02 Months.

Religion : Islam (Sunni).

Educational Qualification : Bachelor of Arts in 1986.

Nationality : Bangladeshi by birth.

Professional Experiences : Total Experience in Garments : 33 Years:1) As a Chief Operation Officer (as Sewing, Production

and Washing) 10 Years.

2) Foreign Buying House named at Tommy Hilfigeras a Country Manager 13 Years.

3) Quality Controller to Quality Assurance Manager, Production APM to Manager total Experiences 10 Years.

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BIO-DATA – 04(Director of the Company)

Name : Md. Nazrul Islam.

Father’s Name : Late. MujiburRahman

Mother’s Name : Mrs. UmmeKulsum

Present Address : House # 23/B, (3rd Fl.), Road # 35, Sector – 07, UttaraMedel Town, Dhaka-1230, Bangladesh.Mob. No. 01611-483388

Permanent Address : Vill: Kawna, P.O. Hussainpur,Upazila + Dist :Kishoreganj, Bangladesh.

Date of Birth : October 25, 1952

Age : 63 Years 08 Months.

Religion : Islam (Sunni).

Educational Qualification : M.Com with C.M.A. & Member of ICMAB.

Nationality : Bangladeshi by birth.Professional Experiences : Total Experience :33 Years(Finance & Acc.)

1) General Manager (Fin. & Acc.) Ananta Group.2) General Manager( Finance, Accounts) Ha-Meem

Group.3) General Manager (Finance, Accounts and Audit)

Bangladesh Gas Field Company Ltd. (BGFCL).

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TECHNICAL ASPECT

05. TECHNICAL ASPECT.01. The project purpose and designs:

The proposed project envisages for setting up a 100% export oriented Woven/Knit Garments Industry, mainly for producing Exportable Jeans/Denim/Twill/Cotton/ Polyester Long and Short Pants and all kinds of Shirts etc. for Exportable market under name and style of M.S. MULTI MODERN APPARELS LIMITED. The Project site is enjoying every facility like Gas, Electricity, Water, Skilled labor and good road communication.

The project is to be located at on Mouza – Diakhali, U.P. YarpurP.S :Ashulia under District Dhaka, Bangladesh on own project land measuring 105 (One hundred five) Decimal. The project will be beside on a pacca road & which is at a distance of 25 km. from Dhaka City. The project side is enjoying every facility like Gas, Electricity, Water, Skilled labor and good road communication.

It is noted that a lion portion of export earning incurred in our country from Readymade Garments Sector. Bangladesh is a labor intensive country and the manufacturing cost is cheaper than other Foreign Country like Thailand, Singapore, German, Japan, U.K., U.S.A, etc. The demand of exportable Reade-made Garments is increasing day by day due to labor intensiveness and cheaper production cost.

The project will be equipped most modern and sophisticated Germany/Japan/Malaysia/Thailand/South Korea origin Garments machinery along with required & balance front & back process machinery. The project will be equipped with a 01 Sets of Gas Generator having Capacity 1 Mega Watt Capacity of “UK” origin for achieving the unbreakable production of the project.

The final production of the project will be Finished Woven / Knit Garments like as All kinds of Long Pants, Short Pants, Trousers and all kinds of Shirts etc. Which will be exported to aboard?The cost of foreign machinery will be US$ 17,08,861.00 Equivalent Tk. 13,50,00,000.00 . And the cost of local Machinery’s and equipment with vehicles and office furniture will be Tk. 62750.00 Lac. The project is expected to go into commercial operation within 12 (Twelve) months from the date of opening L/C with the Bank. After implementation the unit will create job opportunities for 1,320 personnel. The fixed cost of the project has been estimated at Tk. 599000.00 Lac.

Page # 1206. PRODUCTION CAPACITY :After implementation of the project by new importable machinery and equipment, the product mix and the production capacity of the project based on 10 (Ten) hour single shift per day operation for its Garments Section & 300 working days per year at 100% capacity utilization will be as follows :

S.No. Product Name Qnty. per day at 100% Capacity Utilization.

Quantity per year at 100% Capacity Utilization.

AGarments Section

Exportable All kinds of Jeans Denim/Twill Long Pants/Shorts.

12,000 Pcs. 36,00,000 Pcs.

07. RAW MATERIALS:The Project will use both local and importable raw materials for it’s Garments Section. It would depend on the choice of the overseas buyers. The sales contract of Garments Section will be taken into F.O.B, CNF and C.M. basis. The cost of required Raw materials will be borne by Foreign Buyers against back to back L/C. The cost of raw materials wills 55% as total FOB values of the finished products. Therefore as staled above, if the total sales value on FOB comes to Tk. 18252 Lac, the value of raw materials will be Tk. 10038.60 Lac based on the above. Various types of accessories & Packing Materials will be required for Exportable Woven/Knit Garments. The cost will be more or less 10 to 15% of FOB Value which will be Tk. 2737.80 Lac based on the above.

08. LOCATION OF THE PROJECT AND LAND DETAILS:The project is proposed is to be located at on(1) Original Deed No. 7343 dated: 19 March 2007,Dist: Dhaka, Thana – Ashulia, Upazila& Sub-Register Office: Savar under Dhaka ColectertoujiVukto, Dag. No. CS - 560 & SA – 75, RS – 74, Khatian No.C.S. 43 (Forty three), SA – 103 (One hundred Three) R.S. 160 (One hundred sixty) No.Khatian , Dag No. C.S. & S.A. 494 (Four hundred ninety four) No.Dager R.S. – 2138, 2139, 2140, 2141, 2142, 2143, 2144, 2146, 2147, 2148, 2150, 2151, 2152, & 2153 DagerChala, Bagan, BarirJamirPariman 1184 Decimal, eharkatechinnto mote : (1) C.S & S.A 494 (Four hundred ninety four) dager R.S. 2140 (Two thousand one hundred forty) no. dagebagan land 46 Decimalerkatemalatro dallier lander pariman 19 (Nineteen) Decimal (2) (1) C.S & S.A 494 (Four hundred ninety four) dager R.S. 2141 (Two thousand one hundred forty one) no. dagebagan land 60 Decimalerkatemalatro dallier lander pariman 3.75 (Three point sventy five) Decimal (3) (1) C.S & S.A 494 (Four hundred ninety four) dager R.S. 2142 (Two thousand one hundred forty two) no. dagebagan land 70 Decimalerkatemalatro dallier lander pariman 6.25 ( Six point twenty five) Decimal (4) (1) C.S & S.A 494 (Four hundred ninety four) dager R.S. 2143 (Two thousand one hundred forty three) no. dagebagan land 35 Decimalerkatemal atro dallier lander pariman 21 (Twenty One) Decimal (5) (1) C.S & S.A 494 (Four hundred ninety four) dager R.S. 2144 (Two thousand one hundred forty four) no. dagebagan land 80 Decimalerkatemalatro dallier lander pariman13.50 ( Thirteen point fifty) Decimal = Total Land 63.50 (Sixty Three and point fifty) Decimalerkateeharkatebikrito lander pariman 33 (Thirty three) Decimal (2) Original Deed no. 9825 Dated 04 March 2010, Dag no. CS - 560 & SA – 75, RS – 74, Khatian No.C.S. 43 (Forty three), SA – 103 (One hundred Three) R.S. 160 (One hundred sixty) No.Khatian , Dag No. C.S. & S.A. 494 (Four hundred ninety four) No.Dager R.S. – 2138, 2139, 2140, 2141, 2142, 2143, 2144, 2146, 2147, 2148, 2150, 2151, 2152, & 2153 DagerChala, Bagan, BarirJamirPariman 1184 Decimal, eharkatechinnto mote : (1) C.S & S.A 494 (Four hundred ninety four) dager R.S. 2140 (Two thousand one hundred forty) no. dagebagan land 46 Decimalerkatemalatro dallier lander pariman 19 (Nineteen) Decimal (2) (1) C.S & S.A 494 (Four hundred ninety four) dager R.S. 2141 (Two thousand one hundred forty one) no. dagebagan land 60 Decimalerkatemalatro dallier lander pariman 3.75 (Three point sventy five) Decimal (3) C.S & S.A 494 (Four hundred ninety four) dager R.S. 2142 (Two thousand one hundred forty two) no. dagebagan land 70 Decimalerkatemalatro dallier lander pariman 6.25 ( Six point twenty five) Decimal (4) C.S & S.A 494 (Four hundred ninety four) dager R.S. 2143 (Two thousand one hundred forty three) no. dagebagan land 35 Decimalerkatemalatro dallier lander pariman 21 (Twenty One) Decimal (5) (C.S & S.A 494 (Four hundred ninety four) dager R.S. 2144 (Two thousand one hundred forty four) no. dagebagan land 80 Decimalerkatemalatro dallier lander pariman 13.50 ( Thirteen point fifty) Decimal = Total Land 63.50 (Sixty Three and point fifty) Decimalerkateeharkatebikrito lander pariman 30 (Thirty ) Decimal (3) Original Deed no. 21019 Dated 15 December 2011, Dag no. CS - 560 & SA – 75, RS – 74, Khatian No.C.S. 43 (Forty three), SA – 103 (One hundred Three) R.S. 160 (One hundred sixty) No.Khatian , Dag No. C.S. & S.A. 494 (Four hundred ninety four) No.Dager R.S. – 2139, 2140, 2141, 2142, 2143, 2144, 2146, 2148, 2151, & 2153 DagerChala, Bagan, BarirJamirPariman 950 Decimal, eharkatechinnto&Dakhalio&Namjari mote : (1) C.S & S.A 494 (Four hundred ninety four) dager R.S. 2141 (Two thousand one hundred forty one) no. dagebagan land 60

Page # 13Decimalerkatemalatro dallier lander pariman 32 ( Thirty two) Decimal (2) C.S & S.A 494 (Four hundred ninety four) dager R.S. 2142 (Two thousand one hundred forty two) no. dagebagan land 70 Decimalerdkate 20 Decemal and ehar Kate atro dallier lander pariman 10 ( Ten) Decimal Dhaka on ownTotal Project land measuring 105 (One hundred five) Decimal. The site is at a distance of 25 km. from Dhaka City. All infrastructure facilities like Water, Power, Gas, Skill labor & good road communication

etc. are already available at the project site. The land is considered adequate for the proposed project. The cost of the project land is Tk. 15,22,50,000.00 . As per present market value but in consideration of Loan, 15% of Total Project cost as Tk. 2,28,37,500.00 . Including Land Development Cost of Tk. 50.00 Lac. Has been considered as Land value for equity adjustment purpose.

09. PROJECT BUILDING :The Civil construction of the proposed project for main Factory Building Consists of Garments Sewing Section, Cutting Section, Finishing Section, Bonded Raw Material Go down, Finished goods go down, Electric Distribution room, Lift core, Doctor’s Chamber, Child Care room, Clinic, Dining Hall, Office room Guard room, Toilet etc. The Proposed Building will be 05 – Storied RCC frame structure Building having Plinth area 14,500Sft. The total covered area for the project will be 72,500Sft. The cost of Building and other civil works has been estimated at Tk. 12,32,50,000.00. The details cost of civil structure are shown in Annexure – I

10. MACHINERY AND EQUIPMENT’S :A) Importable:The project will be equipped most modern and Sophisticated Japan/Thailand/China/Malaysia and South Korea origin Garments machinery along with required & balance front & back process machinery. The project will be equipped with a 01 sets of Gas Generator having Capacity 1000 KVA of “UK” origin for achieving the unbreakable production of the project.The cost of Foreign machinery will be US$ 17,08,861.00, Equivalent to Tk. 13,50,00,000.00 . The details List of Foreign machinery are shown in Annexure – II .B) Local Machinery &Equipment :In addition to the importable machinery, the project will also be required some local machinery and equipment which will consists of office Equipment including Computer, Phone, Fax, Exhaust Fan, Factory Furniture, Water Steam & Gas Pipe Line with fittings, Fire Fighting equipment, Vehicles, Weighting Scales, Electrical Wearing , Light, Fan etc. The cost of local machinery and equipment stands at Tk. 62750.00 Lac. The details cost of the local machinery and equipment are shown in Annexure – III .11. ERECTION AND INSTALLATION :The importable machinery and equipment of the project will be installed commissioned and put into trial run under direct supervision of the foreign erectors devoted by the suppliers. A team of local technicians and skilled workers will assist them. The sponsor will make an agreement with suppler in this regard. Local machinery and Equipment will be installed by the local hired expert persons. An amount of Tk. 62750.00 Lac has been estimated both for electrical and mechanical installation.11. INTERNAL FREIGHT :An amount of Tk. 6.00 Lac has been estimated both for Local and Foreign Machinery as Internal Freight to reached machinery at the project site.12. UTILITIES :

i) Water :Water will be required for the production process of the project due to operation of the Boiled in the Garments Finishing Section. Water will also be required for Domestic purpose. The requirement of water will make available from projects owns Deep Tube-well. The cost of which has been soft in nature, which can be easily used in Domestic purpose.

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ii) Power :

The maximum demand of electricity for the project for the project will be 340 kw/hr. The main source of power will be from REB. The project will be equipped with a 01 sets of Gas Generator having 1000 KVA capacity of “UK” origin for achieving the unbreakable production of the project. The Generator will use when Electric Line will fail. The project will also be equipped with Electric Distribution system for supplying electricity to every machinery of the project. An amount of Tk. 20.00 Lac.has been estimated as Demand deposit against Electric line connection purpose.iii) GAS :The project will be procured Duel Fuel Natural Gas & Diesel Fired System Boiler for generating Steam for Finishing Section. The project will be required natural gas for the operation of Boiler which will be about 3.58 Lac. Cu.mt./Year based at 100% capacity utilization. Unless the Gas Connection made by the Government the Boiler will be operated by Diesel Fired system. An amount of Tk. 40.00 Lac has been estimated as security deposit for gas and gas line connection purpose.

13. FUEL AND LUBRICANT :The annual requirement of fuel and lubricants has been estimated as under :

Items Annual RequirementDiesel for Vehicles 18,000 Liters / YearDiesel for Generator 84,000 Liters / YearGrease, Lubricants & Others Tk. 5.00 Lac./Year.

14. TRANSPORT :

The project will require a Pick up for carrying Raw materials and materials and Finished goods from Washing plant to our Factory and a Micro Bus for official use . The estimated cost for this purpose will be Tk. 110.00 Lac.

15. FURNITURE FIXTURE AND OFFICE EQUIPMENT :

The project will be equipped with official equipment with Computer, Fax, Phone, Photocopier and furniture fixture for which and amount of Tk. 2,50,00,000.00 has been estimated.

16. SAFETY PROVISION :

To fight against fire, necessary fire fighting equipment and first aid box has been required for which an amount of Tk. 3,50,00,000.00 has been involve.

Page # 15

17. POLLUTION CONTROAL AND EASTE DISPOSAL :

Since the project will be located Mouza – Diakhali, U.P. Yarpur, P.S :ASHULIA under District Dhaka which is an Industrial belt, hence the project will provide waste disposal facility and after implementation of the project it will not harmful for that.

18. STORES AND SPARES :

Sores and for the project has been estimated 1.0%, 1.5% and 2.00% for the 1 st, 2nd and 3rd Year respectively for tot machinery cost.

19. REPAIR AND MAINTENANCE :

The annual requirement of repair and maintenance for the machinery has been estimated 1.00%, 1.50% and 2.00% for the 1st, 2nd and 3rd year operation respectively. The repairing and maintenance cost of building has been estimated 1.00% of its cost every year. 20. MAN POWER :With a view to ensure efficient and effective functioning of day to day activities of the project during erection and on completion. Technical, Administrative person, Skilled and Un-skilled labor will be required.

The total manpower requirement for the project during commercial operation has been shown below and will be recruited only :

A)ADMINISTRATIVE :

Sl. No. Name of the Post No. of Post01 General Manager 0102 Chief Accountant / Manager 0103 Manager Administration 0104 Accountant 0205 Doctor 0106 Nurse 0207 Computer Operator (I.T.) 0108 Computer Operator (General) 0209 Casher 0110 Admin Assistant. / Time Keeper 0311 Store Keeper 0312 Driver 0313 Security Guard 1214 Office Peon 0215 Line and Office Cleaner 15

TOTAL 50

Page # 16

B) TECHNICAL PERSONS :

Sl. No. Name of the Post No. of Post01 General Manager 0102 Assistant General Manager 0103 Quality Manager 0104 Finishing Manager 0105 Production Manager 0206 Quality In-Charge 0307 Finishing In-Charge 0108 Cutting In-Charge 0109 Cutting / Pattern Master 0210 Packing In-Charge 0111 Line Chief 1212 Sewing Supervisor 3613 Cutting Supervisor 0314 Cutter/Marker Man 0815 Quality Control Officer 0316 Cutting Assistant/Quality Inspector 36

TOTAL 112

C) FINISHING WORKERS AND SOME STAFFS :

Sl. No. Name of the Post No. of Post01 Finishing Supervisor 0602 Finishing Quality Controller 0103 Packing Supervisor 0204 Finishing Iron Man, Pak-man, Poly man, Getup

man, assort man, Stiker - man.

78

05 Finishing Quality Inspector 7206 Finishing Helper (Un-skilled Labor) 7207 TOTAL 231

D) WORKERS :

Sl. NO. Name of the Post No. of Post01 Skilled Workers 42002 Semi – Skilled 28003 Un – Skilled Labor 225

TOTAL 925

Page # 18

E) SALES PERSONNEL :

Sl. NO. Name of the Post No. of Post01 Commercial Manager 0102 Commercial Officer 0203 Merchandising Manager 0104 Merchandiser 0405 Sales & Purchase Officer 06

TOTAL 14

Total Manpower will be ( A+B+C+D+E) = 1337 persons.

The salary and Wages assumed to be increased 5% to 10% per Year.

The technical how to know required for the smooth of the project is locally available. Crash training and

orientation program for both semi-skilled persons will be conducted by a qualified and well experience

production Manager with a view to trained them into skilled hand as well as increase production

efficiency.

Page # 19

21. MANUFACTURING PROCESS :

Manufacturing process for a Woven/Knit Garments Section differ as per production pattern. But there are some common process Viz Cutting, Sewing, Finishing etc. process .

The General flow Charts for Woven/Knit Garments Industries may be as follow:

Dyed & Finished Fabrics.

Cutting as per Pattern

Sorting & Bundling Sizable for mass Sewing

Sewing of Body. Pocket etc.

Sewing of Label

Button Holding & Stitch

Loose Thread Cutting

Inspection

Ironing & Finishing

Folding

Poly Bagging

Packing in Carton

Export

Page # 20

MARKETING ASPECT

22. MARKETING ASPECTS.Introduction:

Textile industry has historically occupied a crucial position in the initial stage of development of most economy. The newly industrialized countries of South East Asia and the Far East also used the textile sector as the cutting edge of development.According to the forth five-year plan publication, the textile industry holds a prominent position, in the industrialization process of Bangladesh. In terms of contribution to employment, value addition and foreign exchange earnings/savings. It is the largest among the manufacturing industries.The export oriented ready-made apparels manufacturing industries of the country made its first penetration in 1977-1978 with 09 Units having annulled production capacity of 8.01 million pieces of apparels Being a non – tradition export items the Ready-made Manufacturing Garments under made an unprecedented growth in export earnings. Now this non-traditional item to play a vital role.Ready-made Garments export share above 79.63% o the total export earnings.In the recent past by virtue of the price and quality Bangladesh knit Ware have come to occupy a significant position in the export market Bangladesh has penetrate the world market in recent but within a short item it has made a remarket able increase in its export figure. It is observed that entrepreneurs in international trade affairs. A common consensus about the entrepreneurs in this sector is that they have come from educated class in the society or inherit the knowledge from family business. The importers are attraction to Bangladeshi Readymade apparels mainly two reasons; firstly, the liberal export policy introduced by the Government of Bangladesh and secondly, low of production in comparison to other exporting countries.

Although Garments industry is the recent origin, it is the fastest growing export commodity of Bangladesh. It has many unique elements uncommon to other industries such as, high growth export orientation, high production diversity, small scale operation, light in nature and potentiality of vertical expansion, female dominated employment and complete dependence on imported raw materials. The technology of Garments industry is simple and labor intensive and invested per worker is very low. As such Bangladesh is in a favorable position where such industry could prosper. 23. QUOTA SYSTEM :All types and varieties of Readymade Garments do not have free entry to every importing country U.S.A. and Canada have imported quota system on import of most of readymade garment items from Bangladesh. But there have non-quota for EC and other major importing countries. Any exporter can export his product any value of EC & other major countries by the order of letter of credit.

Page # 22

24. PROPOSED PROJECT :

The proposed project will be an Export Oriented Woven / Knit Garments Industry as well as Woven Garments Washing Plant. The Project will be treated as exportable Woven / Knit Garments Industries. The location of he Project will be at Mouza – KakilSataish, P.S :Tongi under District Gazipur City own Project Land measuring 74.00 (Seventy four) Decimal which is at a distance of 35 km. from Dhaka City.25. PRODUCTS AND ITS USE :

After implementation of the project by new importable machinery and equipment, the product mix and the production capacity of the project based on 01 (One) shift operation per day of 10 (Ten) hours each shift for Garments Section and 300 working days per year at 100% capacity utilization will be as follows :

Sl.# Product Name Quantity per day at 100% Capacity Utilization

Quantity per year at 100% Capacity

UtilizationA i)Woven Garments :

Exportable : Jeans, Denim/Twill/Cotton/Polyester Long and Shorts. All kinds of Dress Shirts and ladies wear.

12,000 Pcs. 36,O0,000 Pcs.

Introduction:The Bangladesh Garments Manufacturers and Exporters Association (BGMEA) is the apex trade body that represents the export oriented woven, knit and Sweater Garments Manufacturers and Exporters of the Country. Readymade Garment (RMG) is the leading sector in terms of employment, production and Foreign exchange earnings. Readymade Garments (RMG) alone earned about 79.63% of the yearly foreign exchange earning of country. About 4 million people are employed in the Garment Sector. The growth rate of RMG export was over 17% over the last two decades. A SUCCESS STORY OF RMG SECTOR :The importance of RMG Sector can hardly be over emphasized. There has been a steady growth in the field of RMG during last two decades. The RMG industry enjoyed a meteoric rise from 30 enterprises in 1980 increased to about 5600 in 2012 – 2013 fiscal years. The growth of the industry in every five year in terms of number of units and employment generation is shown in table – 1 below : -

Page # 23

To day Bangladesh is the second highest apparels export in the World but seven highest to USA, Tenth of EC countries and ninth largest to Canada. Contribution of this sector in the total export earning the period from 1983 – 1984 to 2012 – 2013 may seen in Table – 1

I)TRADE INFORMATION OF RMG SECTOR :

Table – 1 : Growth of the industry and Employment.

Year Number of theGarments Factories.

Employment in Million Workers

1983-1984 134 0.0401984-1985 384 0.1151985-1986 594 0.1981990-1991 834 0.4021995-1996 2353 1.2901999-2000 3200 1.6002005-2006 4220 2.2002009-2010 5063 3.6002010-2011 5150 3.6002011-2012 5400 4.0002012-2013 5600 4.000

Out of 4 million manpower employed in BGMEA member factories, 3.20 million are women (80%) majorities of

them are disadvantaged and economically poverty stricken women folk. The country’s RMG sector, to a creditable

level has relived Bangladesh from over populous unemployment burden through providing the la next to

agriculture transport, trade and industry sector. This sector has uplifted the neglected section of the population,

thus radically transforming the socio-economic condition of the country. Such empowerment and employment

raised awareness regarding child education, health safety, population control and disaster management are only a

few. It is an epoch making event in the history of Bangladesh.

Page # 24EXPORT DETAILS :

II) COMPARATIVE STATEMENT ON EXPORT OF RMG AND TOTAL EXPORT OF BANGLADESH.

YEAR EXPORT OF RMG(IN MILLION US$

TOTAL EXPORT OF BANGLA-DESH(IN MILLION US$)

% OF RMG’S TO TOTAL EXPORT

1983-1984 31.57 811.00 3.89

1984-1985 116.20 934.43 12.44

1985-1986 131.48 819.21 16.05

1986-1987 298.67 1076.61 27.74

1987-1988 433.92 1231.20 35.24

1988-1989 471.09 1291.56 36.47

1989-1990 624.16 1923.90 32.45

1990-1991 866.82 1717.55 50.47

1991-1992 1182.57 1993.90 59.31

1992-1993 1445.02 2382.89 60.64

1993-1994 1555.79 2533.90 61.40

1994-1995 2228.35 3472.56 64.17

1995-1996 2547.13 3882.42 65.61

1996-1997 3001.25 4418.28 67.93

1997-1998 3781.94 5161.20 73.28

1998-1999 4019.98 5312.86 75.67

1999-2000 4349.41 5752.20 75.61

2000-2001 4859.83 6467.30 75.14

2001-2002 4583.75 5986.09 76.57

2002-2003 4912.09 6548.44 75.01

2003-2004 6417.67 8654.52 74.15

2005-2006 7900.80 10526.16 75.06

2006-2007 9211.23 12177.86 75.64

2007-2008 10699.80 14110.80 75.83

2008-2009 12347.77 15565.19 79.33

2009-2010 12496.72 16204.65 77.12

2010-2011 17914.46 22924.38 78.15

2011-2012 19089.69 24287.66 78.60

2012-2013 21515.73 27018.26 79.63

Data Source : Export Promotion Bureau Complied by BGMEA.

Page # 25

III) VALUE AND QUANTITY OF TOTAL APPAREL EXPORT CALENDAR YEAR BASIS.(VALUE IN MILLION. US$ QUANTITY IN ‘000’. DOZEN).

YEAR TOTAL APPAREL EXOT IN MN. US$ TOTAL APP.EXPORT IN MN. DZ.WOVEN KNIT TOTAL WOVEN KNIT TOTAL

1994 1544.89 341.53 1886.42 41.64 113.77 55.41

1995 1976.40 512.18 2488.58 49.38 19.83 69.21

1996 1942.37 686.27 2628.64 47.54 26.11 73.65

1997 2621.33 810.49 3431.82 60.56 27.99 88.55

1998 2871.06 976.29 3847.45 64.23 34.59 98.82

1999 2987.73 1169.90 4157.63 64.93 41.30 106.23

2000 3376.49 1448.22 4824.71 71.63 51.58 123.21

2001 3162.28 1432.72 4595.00 67.72 50.18 117.90

2002 3076.28 1573.40 4649.68 83.44 70.71 154.15

2003 3398.84 1850.36 5249.20 85.83 80.50 166.33

2004 3685.78 2532.62 6219.40 94.22 104.90 199.12

2005 3689.60 3210.48 6900.08 96.19 138.19 234.58

2006 4544.79 4388.72 8933.51 125.65 190.60 316.25

2007 4608.40 4741.93 9350.33 133.62 212.08 345.70

2008 5654.12 6222.95 11877.07 161.51 272.17 433.68

2009 5695.42 6196.58 11892.00 163.27 279.91 443.24

2010 7067.04 7787.76 14854.80 203.48 357.76 561.24

2011 9252.80 9961.67 19214.47 508.35 622.05 1130.40

2012 10117.43 9670.71 19788.14 646.22 721.37 1367.59

Data Source: Export Promotion Bureau Compiled by BGMEA.

Page # 26

IV) MAIN APPAREL ITEMS EXPORTED FROM BANGLADESH.( VALUE IN MILLION US$ )

YEAR SHIRTS TROUSERS JACKETS T-SHIRTS SWEATER

1993-1994 805.34 80.56 126.85 225.90 00.00

1994-1995 791.20 101.23 146.83 232.24 00.00

1995-1996 807.66 112.02 171.73 366.36 70.41

1996-1997 759.57 230.98 309.21 391.21 196.60

1997-1998 961.13 333.28 467.19 388.50 296.29

1998-1999 104.11 394.85 393.44 471.88 271.70

1999-2000 1021.17 484.06 439.77 563.58 325.07

2000-2001 1071.59 656.33 573.74 597.42 476.87

2001-2002 871.21 636.61 412.34 546.28 517.83

2002-2003 1019.87 643.66 464.51 642.62 578.37

2003-2004 1116.57 1334.85 364.77 1062.10 616.31

2004-2005 1053.34 1667.72 430.28 1349.71 893.12

2005-2006 1056.69 2165.25 389.52 1781.51 1044.01

2006-2007 943.44 2201.12 1005.06 2208.90 1248.09

2007-2008 915.60 2512.74 1181.52 2765.56 1474.09

2008-2009 1000.16 3007.29 1299.74 3065.86 1858.62

2009-2010 993.41 3035.35 1350.43 3145.52 1795.39

2010-2011 1566.42 4164.16 1887.50 4696.57 2488.19

2011-2012 1733.54 4686.39 2231.16 4713.11 2340.34

2012-2013 1972.89 5185.48 2634.28 5143.22 2620.73

Page # 27

V) VALUE & QUANTITY OF TOTAL APPAREL EXPORT ,FISCAL YEAR BASIS(VALUE IN MILLION US$ QUANTITY IN MILLION DOZEN)

YEARTOTAL APPAREL EXPORT IN MM. US$ TOTAL APPAREL EXPORT IN MN. DZ.

WOVEN KNIT TOTAL WOVEN KNIT TOTAL

1992-1993 1240.48 204.54 1445.02 36.05 10.66 46.71

1993-1994 1291.65 264.14 1555.79 34.35 10.81 45.16

1994-1995 1835.09 393.26 2228.35 47.21 15.30 62.51

1995-1996 1948.81 598.32 2547.13 48.82 23.18 72.00

1996-1997 2237.95 763.30 3001.25 53.45 27.54 90.99

1997-1998 2844.43 937.51 3781.94 65.59 32.60 98.19

1998-1999 2984.96 1035.02 4019.98 64.79 36.66 101.45

1999-2000 3081.19 1268.22 4349.41 66.63 45.27 111.90

2000-2001 3364.32 1495.51 4859.83 71.48 52.54 124.02

2001-2002 3124.82 1458.93 4583.75 77.05 63.39 140.44

2002-2003 3258.27 1653.82 4912.09 82.83 69.18 152.01

2003-2004 3538.07 2148.02 5686.09 90.48 91.60 182.08

2004-2005 3598.20 2819.47 6417.67 92.26 120.13 212.39

2005-2006 4083.82 3816.98 7900.80 108.82 165.02 273.84

2006-2007 4657.63 4553.60 9211.23 133.08 199.54 332.62

2007-2008 5167.28 5532.52 10699.80 147.43 241.43 389.03

2008-2009 5918.51 6429.26 12347.77 169.59 290.92 460.51

2009-2010 6013.43 6483.29 12496.72 172.80 292.70 465.50

2010-2011 8432.40 9482.06 17914.46 615.52 729.88 1345.40

2011-2012 9603.34 9486.39 19089.73 599.24 677.46 1276.70

2012-2013 11039.85 10475.88 21515.73 709.89 777.22 1487.11

Data Source: Export Promotion Bureau & Bangladesh Bank Compiled by BGMEA.

Page # 28

26. PRODUCTION AND SUPPLY DEVELOPMENT READYMADE GARMENTS:

The export earnings from this sector were around US$ 5918.51 million in 2008-2009, which stood US$ 8432.89 million in 2010-2011. Bangladesh in now exporting about 110 categories of garments to about 51 countries out of which ten like the USA. Canada, Germany, France, Italy, UK, Netherlands, Sweden and Spain together account for about 96.60% of the total Readymade Garments export earnings.

Pricing of Raw Materials:

The main requirements of raw materials of the project will supply by the buyer against back-to-back L/C. Now days there are some wearing industry in our country from which a lot of product supplies to readymade garments industry.

Out Put Pricing

The sale price of any product depends on cost of production quality of product designing price substitute’s tariff, rates and price of competitors.

The sponsors carefully examination of all this factories and also to make and in road into a New Market has decided to sets its pricing. The sponsors have verse knowledge about this product.

Conclusion:

The project will be export – oriented industry in nature as it will not only earn valuable foreign exchange by exporting Woven and Knit Garments. It has opened up big opportunities. The business has been expansion such as Banking, Insurance, and Shipping etc. The industry has given employment to a great section of woven folk, which in turn has helped in the socio – economic development of our country.

From the discussion it may be concluded that the Readymade Garments have huge demand in the world market, the project will not face any acute situation of marketing point of view, and the products are feasible of market ability.

Page # 29

Annexure – I

27. CIVIL COST OF THE PROPOSED PROJECT.

OF

M/S. MULTI MODERN APPARELS LIMITED.

SL. #Description

Covered Area in Sft.

Rate Per Sft.In Taka.

Total Amount inTk. “000”

01 05 – Storied R.C.C Structure Project Building for Garments Sewing Section, Cutting SectionFinishing Section, Bonded Raw Materials Go down, Finished Goods Go down, Lift Core, Doctor’s Chamber, Clinic, Child Care room, Dining hall, Generator, Sub-station, water Pump etc. office room, Guard room, office Toilet etc.Plinth Area : 19,025 Sft.1st Floor to 4th Floor.

82,500 1,500.00 123800

02 Existing Machines, Washing Machines, Gas Electrification , Gas Generator, Boiler etc.

000 000 25000

03 Utility Building for Generator, Boiler, Sub-station, Water Pump etc.

82,500 242 20047

04 Boundary Wall, Main Gate, Internal Electrification & Road Drainage system, Over Head Water Tank, Under Ground Water Reservoir, Ground room etc.

Lum Sum& Unseen --------------

35000

TOTAL 82500 Sft. 203847

Taka(Twenty Crore three lac eighty four thousand seven hundred) only.

Annexure – II28. LIST OF LOCAL MACHIERY.

OF

M/S. MULTI MODERN APPARELS LTD.

Sl # Description Quantity Unit PriceIn Tk. “000”

Total ValueIn Tk. “000”

A. 01 Office Furniture, Fixture & Equipment 01 Lot 5000 5000

02 Covered Van 2 (Pick up & Micro Bus 2) 04 Sets. 11000 11000

Sub-Total (A) 16000

B. 01 Factory Furniture’s & Fixtures 01 Lot 20000 20000

02 C.C. TV/Camera 15 Sets 80 1200

03 1000 KVA Electric Sub-Station Equipment with

Installation

01 Lot

04 Fire Door, Fire Hydrant, Fire Detection, Fire Alarm, Fire

Equipment& Fighting System.

01 Lot

05 Water, Steam & Gas Pipe with Fitting 01 Lot

06 Trolley, Weighting Scale etc. 01 Lot

07 Exhaust Fan. 60 Sets 40 2400

08 Doctors Chamber, Clinic

& Child Care Room Furniture

01 Lot 1000 1000

09

10

11 Brand New Diesel Generator, Cap. 500 KVA 01 Unit 5800 5800

Sub-Total (B)

Grand Total (A + B)

Taka.42750 Lac. (Four Core Twenty Seven Lac. Fifty Thousand) Only.

FINANCIAL ASPECT

29. FINAANCIAL ASPECT.

A statement showing the forecast of earning which includes sales established cost of product and other cost is given the next page. The main assumption is :

a) The project will work 300 days in a year on the basis of one shift operation and 10 hours per day.b) The price of raw materials and finished goods have been calculated on the current price basis.c) Store and spares for the project has been calculated at 1.0%, 1.5% % 2.0% for the 1 st, 2nd and

subsequent year on the machinery.d) The cost of repair & maintenance for the project has been calculated at 1.0%, 1.50% & 2.0% for

the 1st, 2nd& subsequent year on the building and machinery.e) Rent, tax. Insurance etc. for the project has been calculated 1.0% every year of the fixed cost.f) In wage & salaries, Increment will be at 5% to 7% per year.g) The Capacity utilization has been assumed at 60% & 65% & 70% in the 1 st, 2nd& 3rd subsequent

year.h) Deprecation has calculated at following rates.

i. Building & Contingencies 5%ii. Machinery & Contingencies 10%

iii. Furniture & fixture 20%iv. Intangible Assets 20%

Page # 30

30. TOTAL FIXED COST OF THE PROJECT HASBEEN ESTIMATED AT TK. 5990.00 LAC.

A)TOTAL PROJECT COSTFig. lac

ITEMSExisting

PROPOSEDTotalLocal Currency Foreign

CurrencyLand 1522.00 0 0 1522.00

Building & Civil Construction

82500 Sft

0 1237.00 0 1237.00

Imported Machinery 0 0 1137.50 1137.50

Local Machinery 0 212.50 0 212.50

Duty, Clearing & Insurance 6.50% of

Machinery Imported0 73.94 0

73.94

Internal Freight 0 7.00 0 7.00

Erection & Installation 0 20.00 0 20.00

Vehicles 0 110.00 0 110.00

Furniture’s & Fixture 0 250.00 0 250.00

Security of Gas & Electricity 0 40.00 0 40.00

Preliminary & Start-up 0 4.00 0 4.00

Contingencies (5% of Import of

Machinery & 3% on Bldg.)

0 95.69 0 95.69

Total Fixed Cost 1522.00 1137.50 1137.50 3797.00

Working Capital 0 4417.74 0 4417.74

T O T A L 1522.00 1137.50

Page # 31

MEANS OF FINANCE

Fig. lac

ITEMSPROPOSED

TotalLocal Currency Foreign

CurrencyEquity Capital 1797.00

Bank Loan 4193.00

T O T A L 5990.00

Debt Equity Ratio (On Total Fixed Cost ) 70:30

LOAN TO BE UTILIZEDFIg. lac

ITEMSLOCAL

CURRENCYFOREIGN

CURRENCYTOTAL

For Building Construction 1203.64 0 1203.64

For Machinery Purpose 241.50 695.32 936.82

Contingencies 95.69 0 95.69

T O T A L 1540.83 695.32 2236.15

Page # 32

B) ESTIMATE OF WORKING CAPITAL Fig. lac

ITEMS Days Year-1 Year-2 Year-3

Imported Raw Materials 120 24092.6 26100.4 2810.81

Local Raw Materials 30 164.27 177.96 191.65

Stores & Spares 90 1.14 1.24 1.34

Work-in-Process 07 206.31 222.43 238.60

Stock of Finished Goods 15 431.78 475.84 510.48

Receivables 45 1230.58 1420.90 1526.24

Current Assets 0 4443.35 4908.40 5279.12

Less : Adjustment of Dep. 0 50.26 50.26 50.26

Current Assets after adj. 0 4393.08 4858.14 5228.85

Additional Cash Expenses 30 24.67 25.90 27.20

TOTAL WORKING CAPITAL 0 4417.74 4884.04 5256.05

Quantity of Margin 0 1325.32 1465.21 1576.82

WORKING CAPITAL LOAN 0 3092.42 3418.83 3679.24

Working Capital Loan & Equity Margin Ratio = 70 : 30Working Capital Rate of Interest: 11.50%

Page # 33

C) EARNING FORECAST Fig. lac

Description Year-1 Year-2 Year-3

Capacity Utilization 60% 65% 70%

Annual Sales Revenue 10160.89 11785.16 12709.48

Less VAT Adjustment 0 0 0

a) Net Sales Revenue 10160.89 11785.16 12709.48

b) Cost of Goods Solid 8203.85 9472.66 10174.97

c) Gross Profit (a – b) 1957.04 2312.50 2534.51

d) Admin & General Expenses 79.98 83.29 86.76

e) Distribution & Selling Expenses 131.65 141.89 152.17

f) Operating Profit {c- (d+e)} 1745.41 2087.33 2295.57

g) Financial Expenses 823.89 830.50 821.63

h) Net Profit (Loss) before Tax.(f-g) 921.52 1256.82 1473.94

i) Income Tax. 368.61 502.73 589.58

j) Net Profit after Tax. 552.91 754.09 884.36

k) NET PROFIT ( h-j ) 552.91 754.09 884.36

Gross Profit to Sales 19.26% 19.62% 19.94%Operating Profit to Sales 17.18% 17.71% 18.05%Net Profit to Sales 5.44% 6.40% 6.96%

Page # 34

D) Sensitivity Analysis (5% decrease in sales price)

Description Year-1 Year-2 Year-3

Capacity Utilization 60% 65% 70%

a) Net Sales Revenue 9652.84 11195.91 12074.00

b) Cost of Goods Sold 8203.85 9472.66 10174.97

c) Gross Profit ( a – b) 1449.00 1723.24 1899.04

d) Admin & General Expenses 79.98 83.29 86.76

e) Distribution & |Selling Expenses 131.65 141.89 152.17

f) Operating Profit {c (d + e) } 1237.37 1498.07 1660.10

g) Financial Expenses 823.89 830.50 821.83

h)Net Profit (Loss) before Tax. (f-g) 413.47 667.57 838.47

a) Income Tax. 165.39 267.03 335.39

b) Net Profit after Tax. 243.08 400.54 503.08

c) NET PROFIT (h-j) 248.08 400.54 503.08

Gross Profit to Sales 15.01% 15.39% 15.73%

Net Profit to Sales 2.57% 3.58% 4.17%

Page # 36

E) PRODUCTION AT 100% EFFICIENCY :Fig. lac

Product Name Qty./Day Price/Unit (Taka) Qty./Year

Value

Salesi)Exportable Jeans/Denim/Cotton/Twill Long/Shorts Pants in Pcs.

12000 507 36,00,000 Pcs. 18252.00

T O T A L 182522.00

F) SALES ESTIMATE :Fig. Tk.’000’

Description Year-1 Year-2 Year-3

Capacity Utilization rate 60% 65% 70%

Maximum attainable Capacity 18252200 18252200 18252200

?Production at capacity utilization 1095120 1186380 1277640

Add. Opening stock of WIP 0 25553 27682

Total Work-in-Process 1095120 1211933 1305322

Less : Closing WIP 2553 27682 29812

Production of Finished Goods 1069567 1184251 1275511

Less : Wastage 0 0 0

Add : Opening stock of F/G 0 53478 59213

Value of Qty. available for sale 1069567 1237729 1334723

Less : Closing stock of F/G 53478 59213 63776

Value of Qty. Estimated to be Sold 1018089 1178516 1270948

Page # 37

G) RAW MATERIALS REQUIREMENT AT 100% EFFICIENCY :

Fig.Tk.’000’

Name of Items Qty./Day Price/Unit (Tk.) Qty./Year Total Cost

a) Local :i) Accessories &Packing Materials(15% of BTB L/C. 55%)

12000 76.05 3600000 273780

SUB-TOTAL (a) 273780b) Imported :

i)Fabrics by BTB L/C(55% of BTB L/C.)

12000 278.85 3600000 1003860

SUB-TOTAL(b) 1003860

GRAND TOTAL (A+B) 1277640

Page # 38

H) COST OF GOODS SOLD STATEMENT :

Fig. lac

Description Year-1 Year-2 Year-3

Raw Materials Consumed 7665.84 8304.66 8943.48

Factory Wages 729.00 765.45 803.72

PRIME COST 8394.84 9070.11 9747.20

Manufacturing Expenses 447.10 462.73 47.58

FACTORY COST 8841.94 9532.84 10225.78

Add. Opening stock of WIP 0 206.31 222.43

Total Work-in-Process 8841.94 9739.15 10448.21

Less : Closing stock of WIP 206.31 222.43 238.60

Total cost of goods 8635.63 9516.72 10209.61

Add : Opening stock of F/G 0 431.78 475.84

Total goods available for sale 8635.63 9948.50 10685.45

Less : Closing stock of F/G 431.78 475.84 510.48

COST OF GOODS SOLD 8203.85 9472.66 10174.97

Page # 39

I) MANUFACTURING EXPENSES :

Fig. lac

Items Year-1 Year-2 Year-3

Indirect Wages 33.90 38.75 40.68

Repair & Maintenance (1%) on Building & M/C

30.99 32.54 34.16

Taxes & Insurances (0.50%) on Land , Building & Machinery

18.29 19.20 20.16

Stores & Spares (0.5%) on Machinery’s

3.81 4.13 4.45

Transport (0.5%) on Raw Materials Cost

38.33 41.52 44.72

Depreciation 225.06 225.06 225.06

Utilities 93.72 101.53 109.34

T O T A L 447.10 462.73 478.58

Page # 40

J) FACTORY WAGES &SALARIES:As per Gazed amended # 2013/07 dated : 22/07/2013a) Direct (Workers) . (Fig. lac)

Sl.# Category Number Wage Rate (Taka.)

Benefit (Taka.)

Annual

1 Skilled Labor (60%) 468 6805 3403 573.282 Semi SkilledLabor(40%) 312 6420 3210 360.543 Quality Inspector 72 6420 3210 83.204 Line Iron Man 84 5800 2900 87.695 Un-Skilled Labor 225 5300 2650 214.65

SUB -TOTAL (a) 1161 1319.36

Per Month Wages and Overtime Tk. 109,94,667/=(Taka. One Core ninelacs ninety four thousand six hundred sixty seven) only.

b) Direct (Technical Person) .(Fig. lac)

S.# Category Number Wages Rt. (Taka)

Benefit(Taka)

Annual

01 General Manager 01 130000 N/A 15.6002 Assistant General Manager 01 65000 N/A 7.8003 Quality Manager 01 60000 N/A 7.2004 Finishing Manager 01 55000 N/A 6.6005 Production Manager 02 55000 N/A 13.2006 Finishing In-Charge 01 28000 N/A 3.3607 Quality In-Charge 03 28000 N/A 10.0808 Cutting In-Charge 01 40000 N/A 4.8009 Cutting/Pattern Master 02 35000 N/A 8.4010 Packing In-charge 01 22000 N/A 2.6411 Line Chief 12 22000 N/A 31.6812 Sewing Supervisor 36 16000 N/A 69.1213 Cutting Supervisor 03 16000 N/A 57.614 Cutter/Marker Man 08 16000 N/A 15.3615 Quality Control Officer 03 25000 N/A 9.0016 Assistant Cutting/Quality Inspector 36 5800 2900 37.58

SUB - TOTAL (b) 112 248.18

Per Month Salary / Wages and Overtime (Only Cutting + Quality Inspector) Taka.20,68,167/= (Taka. Twenty lacs sixty eight thousand one hundred sixty seven )only.

Total (a+b) 1273 1567.54

Page # 41

c) Direct Finishing ( Some Staff & Workers) :(Fig. Tk.“000”)

S. # Category Number Wages Rate. (Taka)

Benefit(Taka)

Annual

01 Finishing Supervisor 06 16000 N/A 115202 Finishing Q. Controller 01 18000 N/A 21603 Packing Supervisor 02 16000 N/A 38405 Finishing I.M, Pak-man, Poly man,

Getup man, assort man, Sticker man

78 6042 3021 8482

06 Finishing Q. Inspector 72 6420 3210 832007 Finishing Helper 72 5300 2650 6868

SUB –TOTAL(c) 231 25422

Per Month Salary / Wages and Overtime ( Only Finishing ) Taka. 21,18,500/=(Taka. Twenty One lac.eighteen thousand five hundred) only.

d) Administrative Salary : Post of Officers & Staff .(Fig. Tk.’000’)

S. # Category Number Wages Rate.Taka.

Benefit(Taka.)

Annual

01 General Manager 01 80000 N/A 96002 Chief Accountant / Manager 01 55000 N/A 66003 Manager Administrative 01 35000 N/A 42004 Accountant 02 25000 N/A 60005 Doctor 01 35000 N/A 42006 Nurse 02 16000 N/A 38407 Computer Operator (I.T.) 01 25000 N/A 30008 Computer Operator 02 15000 N/A 36009 Cashier 01 18000 N/A 21610 Admin Asstt./Time Keeper 03 16000 N/A 57611 Store Keeper 03 15000 N/A 54012 Driver 03 12500 N/A 45013 Security Guard 12 7500 3750 162014 Office Peon 02 6500 3250 23415 Line and Office Cleaner 20 6500 3250 2340

SUB – TOTAL – (d) 55 10080

Per Month Salary / Wages and Overtime ( Only Guard, Peon and Cleaner)Taka. 8,40,000/= (Taka. Eight Lac forty thousand) only.

Total (a+b+c+d) 1559 156754

Page # 42

e) Salary to Sales Personnel :(Fig. Tk.’000’)

Sl. # Category Number Wages Rate.

Taka.

Benefit

(Taka.)

Annual

01 Commercial Manager 01 50000 N/A 600

02 Commercial Officer 02 25000 N/A 600

03 Merchandising Manager 01 80000 N/A 960

04 Merchandiser 04 30000 N/A 1440

05 Sales & Purchase Officer 06 20000 N/A 1440

SUB -TOTAL (A) 14 5040

Per Month Salary / Wages and Overtime ( Only Guard, Peon and Cleaner) Taka. 420,000/= ( Taka. Four Lac Twenty Thousand ) only.

Grand Total Manpower (A+B+C+D+E) 1573 197296

Grand Total per month Salary, Wages and O.T. holder workersTk. 164,41,333/= (Total Taka. One Core Sixty four lacs forty one thousand three hundred thirty three) only.

K) UTILITY CONSUMPTION AT 100% CAPACITY UTILIZATION :

Fig. Tk.’000’Sl.# Items Cons./Day Cost. Unit

Tk.Cons/Yr. Const/Yr.

i Electricity (KW) 2720 8.10 816000 6610

Ii Gas Boiler (cu.m) 860 6.1 258000 1574

Iii Diesel for Generator (Ltr.) 280 68 84000 5712

Iv Diesel for Vehicle (Ltr.) 60 68 18000 1224

V Grease, Lubricants & Others L.S. L.S. L.S. 500

Page # 43

L) DEPRECIATION CHARGES :Fig.Tk.’000’

Items F/A Value Rate of Dep. Dep.Ch.Building & Contingencies 169637 5% 8482

Machinery & Contingencies 140243 10% 14024

Furniture & Fixture 2500 20% 500

Intangible Assets 4400 20% 880

T O T A L 316780 23886

M) DISTRIBUTION & SELLING EXPENSES : Fig. Tk. ‘000’

Items Year-1 Year-2 Year-3Advertisement 250 263 276

Sales Commission 10951 11864 12776

Salary to Sales Personnel 1764 1852 1945

Others 200 210 221

T O T A L 13165 14189 15217

N) ADMINISTRATIVE & GENERAL EXPENSES :

Items Year-1 Year-2 Year-3

Administrative Salary 4518 4744 4981

Printing & Stationery 250 263 276

Telephone, Tlx, Fax & Postage 300 315 331

Conveyance & T/A 250 263 276

Legal & Audit Fees 200 210 221

Depreciation 1380 1380 1380

Entertainment 250 263 276

Miscellaneous 250 263 276

T O T A L 7998 8329 8676

Page # 45

O) FINANCIAL EXPENSES : Fig. Tk. ‘000’

Items Year-1 Year-2 Year-3

Interest on Capital Loan 37399 33320 28649

Interest on W/C Loan 44840 49573 53349

Miscellaneous – Tentative 150 158 165

T O T A L 82389 83051 82163

Page # 46

P) YEARWISE REPAYMENT :Fig. Tk. ‘000’

Items Year-1 Year-2 Year-3

Principal – Capital Loan 28155 32234 36905

Interest on Capital Loan 37399 33320 28649

T O T A L 65554 65554 65554

Q) AMORTIZATION SCHEDULE :Fig. Tk. ‘000’

a) Rate of Interest : 10.00%b) Construction Period : 12 (Twelve) Months.c) Grace Period (Include. Cons. Period): 15 (Fifteen) Months.d) Amount of Loan (Principal) 60% : 419300e) Capitalized Principal :f) Repayment Period (Incl. Grace Period: 07 Years.g) Capital Recovery Factor : 0.11965085h) Half Yearly Installment :

i) Repayment Schedule for Capital Loan :

InstallmentNo.

DueMonth

Residual PrincipalRepay

InterestPayment

InstallmentSize

01 24 273938 13601 19176 32777

02 30 260337 14553 18224 32777

03 36 245784 15572 17205 32777

04 42 230212 16662 16115 32777

05 48 213550 17828 14948 32777

06 54 195721 19076 13700 32777

07 60 176645 20412 12365 32777

08 66 156233 21841 10936 32777

09 72 134392 23370 9407 32777

10 78 111023 25005 7772 32777

11 84 86017 26756 6021 32777

12 90 59261 28629 4148 32777

13 96 30633 30633 2144 32777

TOTAL 273938 152162 426101

Page # 47

R) CASH FLOW TABLE OF OPERATING PERIOD:

Fig. Tk.’000’Description Year – 1 Year – 2 Year – 3Sales Revenue 1010039 1178516 1270848

Total Operating Cost 841548 969784 1041390

Non-Operating Cost 82389 83050 82163

Total Cost 928937 105283 1123554

Net Profit before Tax. 92152 125682 147394

Income Tax. 36861 50273 58958

N.P. After Tax./Bond & WPF 55291 75409 88436

Return on Bond 0 0 0

NET PROFIT 55291 75409 88436

Depreciation & Written off 23886 23886 23886

Cash Flow after Tax./

Bind and WPF

79177 99296 112323

Principal Repayment 28155 32234 36905

Net Cash Flow. 51022 67061 75418

Interest Amount 82389 83050 82163

Net Receipt before Repayment 161567 182346 194486

EBIT 174541 208733 229557

CASH FLOW 198427 232619 353443

Page # 48

S) DEBIT SERVICE COVERAGE RATIO (DSCR) (TIMES) :

Fig. Tk.’000’Repayment Capability Year – 1 Year – 2 Year – 3

Net Profit 55291 75409 88436

Depreciation 23886 23886 23886

Interest on Project Loan 37399 33320 28649

T O T A L 116576 132615 140971

LIABILITIES :

Principal Repayment on (Capital Loan +

(D)

28155 32234 36905

Interest (Capital Loan) 37399 33320 28649

T O T AL 65554 65554 65554

Debit Service Coverage Ratio (DSCR) (TIMES)1.78 2.02 2.15

Page # 49

T) BREAK – EVEN – ANALYSIS :

1. Sales Revenue in the 1st Year : 10160892. Total cost in the 1st Year : 923937 Fig. Tk. ‘000’

Particulars CostFixed Variable Total

Raw materials 0 703362 703362Director Labor 0 72900 72900Utilities 469 8903 9372Indirect wages 3690 0 3690Printing & Stationery 250 0 250Telephone, Tlx, Fax and Postage. 300 0 300Factory & Office Rent 630 0 630Legal & Audit Expenses 200 0 200Depreciation & Write off 23886 0 23886Conveyance & T/A 250 0 250Repair & maintenance 775 2324 3099Taxes & Insurance 1829 0 1829Stores and Spares 19 362 381Transport 0 3833 3833Administrative Salary 4518 0 4518Entertainment 250 0 250Miscellaneous 188 63 250Advertisement 263 0 263Commission on Sales 0 10951 10951Salary to Sales personnel 1764 0 1764Other Market & expenses 100 100 200Financial expenses 37399 44990 82389T O T A L 76779 847788 924567

Profit Volume Ratio = (Sales-V. Cost)/Sales 0.165635494Break-Even-Point (Sales) = Fixed Cost/P.V. Ratio 463541Break-Even-Point (Cash) = Fixed Cost-Dep. & Wastage

off) PV. Ratio319331

Margin of Safety = (Sales-BEP)/Sales) 100= 54.38%Break-Even-Capacity (Rated) = % of C. Utilization * BEP

(Sales) /Sales. =29.65%

Break-Even-Capacity (Assumed) = BEP (Sales)/Sales = 45.62%

Page # 50

U) FUND FLOW STATEMENT:Fig.Tk. ‘000’Sources of Fund Year-0 Year-1 Year-2 Year-3Equity – Fixed Capital 149077 0 0 0Equity – Working Capital 0 132532 13989 11169Net Profit before Interest & Tax. 0 174541 208733 229557Return on Bond 0 0 0 0Long/Mid Term Loan 273938 0 0 0Increase in Bank borrowing 0 309242 32641 26041Depreciation & Written off 0 23838 23886 23886

Increase in other current liabilities.Decrease in current assetsTotal Sources of Fund 423015 640201 279249 290644

Application of Fund Year-0 Year-1 Year-2 Year-3Capital Expenditure 372692 0 0 0Increase in current assets 0 441774 46630 37201Repayment of Term Loan 0 28155 32234 36905Invest in Govt. Bond 0 0Interest 50323 82389 83050 82163Tax. 0 36861 50273 58958TOTAL APPLICATION OF FUND 423015 589179 212187 215227

Fund Surplus/(Default) 0 51012 67061 75415Opening balance 0 51022 116084Closing balance 0 51022 118084 193501

Page # 51

V) PROJECTED BALANCE SHEET :

Fig. Tk.’000’Properties & Assets Year-0 Year-1 Year-2 Year-3Land & Building 225549 217067 208585 200104Plant & Machinery 140243 126219 112195 98170Furniture & Fixture 2500 2000 1500 1000Other Fixed Assets 0 0 0 0Total Fixed Assets 368292 345286 322280 299274Intangible Assets 54723 53843 52963 52083Cash balance 0 51022 118084 193501Receivable 0 123058 142090 152624Inventory 0 316251 343724 370261Other Current Assets 0 2467 2590 2720Total Current Assets 0 492798 606488 719107

T O T A L 423015 891927 981731 1070453

Capital & Liabilities Year-0 Year-1 Year-2 Year-3Equity / Share Capital 149077 281609 295598 306758Retained Earnings 0 55291 130700 219137Net Worth 149077 336900 426299 525895Income Tax. Reserve 0 0 0 0Long / Mid Term Loan 273938 245784 2135550 176645Commercial Bank Borrowing 0 309242 341883 367924Other Current Liabilities 0 0 0 0Total Current Liabilities 0 309242 341883 367924T O T A L 423015 891926 981751 1070463

Fixed Assets Coverage Ratio 1.34 1.40 1.51 1.69Current Ratio 1.59 1.77 1.95

Quick Ratio 0.57 0.77 0.95

Page # 52

W) PAY BACK PERIOD :Fig. Tk.‘000’

1. Amount to be paid back (Project Cost) 3726922. Amount to be available for recovery of Value of the assets.

Items Year-1 Year-2 Year-3 Year-4 Year:5-10

Net Profit 55291 75409 88436 88436 88436Depreciation 23886 23886 23886 23886 23886T O T A L 79177 99295 112322 112322 112322

3. Pay Back Period = 5.01 Years.

X) INTERNAL RATE OF RETURN ( IRR ) :Fig.Tk. ‘000’

Year Cost Benefit Net Cash Flow0 372692 0 --3726921 132532 79177 533552 13939 99296 853073 11160 112323 1011624 147640 1476405 151313 1513136 155519 1555197 160334 1603348 160334 1603349 160334 16033410 397178 397178

IRR = 23%

Assumptions:-

1. The operating life of the project has been assumed 10 Years.2. No major replacement.3. IDCP is excluded.4. Benefits = Profits + Depreciation.5. Salvage Value :

Land 100% 50912Building 10% 16470Machineries 5% 6781Inventory 100% 157683

T O T A L 231846 Page # 53

\

Y) ECONOMIC ASSPECT : Fig. in Tk.000

1. Employment Generation = 1313 Person.2. Cost per job = 365 Days.3. Contribution to GDP :-a) Sales (1st Year) = 1016089b) Less : Inter – Firm Transaction :

Raw Materials = 766584Description Amount in Taka.Stores & Spares 381Tax. & Insurance 1829Repair & Maintenance 3099Utilities 9372Telephone, Tlx. Postage 300Legal & Audit Exp. 200Printing & Stationery 250Transport, Conveyance & T/A 4083Commission 10951Advertisement 250Miscellaneous 450797749Total Contribution to GDP : 218340

Page # 54

Multi Modern Apparels LimitedNorshingpur to Konabari Road, Dhanayet, Near Yousuf Market,

U.P. Yarpur, P.S: Ashulia, Ashulia, Dhaka-1241

Date: May 24, 2016

TOP SHEET OF THE PROJECTS/No. Description of the Items Amount

In Taka.Remarks

01. Total Project Value 59.90 Crore(Approx.)

Bank: 70% = 41.93 Cr.Party: 30% = 17.97 Cr.

02 Average Yearly Export: US$ 1,82,52,000.00 = Million 17.16 US$

144,19,08,000 Rate in Tk. 79/=Million : Tk. 1445

03 Average Yearly BTB L/C. to Open: US$ 1,36,89,000.00Million 13.69 US$

108,14,31,000 Rate in Tk. 79/=Million: Tk. 1081

04 Monthly Income from Cutting and Making Chares. (C.M.) US$ 3,80,250.00

3,00,39,750 Cr.(Approx.)

Monthly Income.

C.M. Charges Tk. 3,00,39,750/= Crore (P.M) x 12 Months. = Taka. 36,04,77,000/= Million 360

05 Monthly Expenditure’s including Factory all expenses, With Bank Installment for Taka. 71,66,369/=

2,64,32,419 Cr.(Approximate)Monthly Expenditures

Yearly Salaries, Wages,O.T, Store Purchase, & Overhead Expenditures.Tk. 2,64,32,419 Cr. X12 Months = Tk. 31,71,89,028/=

06 Monthly Net Income, After Re-payment of the Monthly Bank installment for an amount Tk. 71,66,369/=

36,07 Lac.(Approx.)

Net Income.

After Completion of 100% Compliance & Full Line Running. (10 Lines in full)

07 Yearly Loan + Principal amount to be paid in Taka. 71,66,369/= X 3 (Quarterly) Installment = Taka. 2,14,99,107/= X 28 = Taka.60,19,74,996/= (Approximate)

71.66 Lac.(Approx.)

Monthly BankInstallment.

Within 07 Years Principal amount to be paid in Tk. Tk. 41,93,00,000/= & Interest to be paid in Tk. 18,26,74,996/= Now TotalPaid Taka. 60,19,74,996/=

Multi Modern Apparels LimitedNorshingpur to Konabari Road, Dhanayet, Near Yousuf Market,

U.P. Yarpur, P.S: Ashulia, Ashulia, Dhaka-1241TOTAL PROJECT COST

US$ Taka.Land Value 105.5 Decimal @ Tk. 14.50 Lac. 15,22,50,000

Existing Building area 72,500 Sft. @ 1,700/Sft. 12,32,50,000Existing Machineries with Washing Machines. 2,53,165 2,00,00,000

Utility (Gas Security, Electricity Security & Water Security ) 2,53,165 2,00,00,000Misc. Items with Electric & others 94,937 50,00,000

Unseen Expenditures 3,79,747 3,00,00,000 Existing Grand Total of Project Value in Taka. 35,50,00,000

Existing Bank Investment for an amount in 70% = Tk. 24,85,00,000 Existing Party Equity for an amount in 30% = Tk. 10,65,00,000

Factories all Machinery’s for 10 Lines auto trimmer = 670 Machineries, Auto Cutter Machines with Garber + 01 Gas Generator is 750 KVA & 01 Diesel Generator is 550 KVA & accessories.

17,08,861 13,50,00,000

Factory all Furniture’s , Fixtures & with fitting Items 4,93,671 2,00,00,000Electrifications, with others 3,16,456 2,50,00,000

Fire Equipment, Fire door, Fire fighting, Fire Sprinkler & Fitting 4,43,038 3,50,00,000Renovations 1,26,582 1,00,00,000

2 Vehicles + 3 Cover Vans for Carrying Import + Export goods 2,02,531 1,10,00,000Cargo Lift – 1, 69,620 80,00,000

NEW EXTENTION TOTAL PROJECT COST 30,88,608 24,40,00,000

New Bank Investment for an amount in 70% = Tk. 17,08,00,000 New Party Equity for an amount in 30% = Tk. 7,32,00,000

New Bank Investment for an amount in 70% = Tk. 17,08,00,000Existing Bank Investment 70% For an amount in Taka. 24,85,00,000

GRAND TOTAL AMOUNT REQUIREMENT 41,93,00,000 59,90,00,000Project Fund Required 70% from Bank Tk. 41,93,00,000/= &

Running Capital Cash Required for 12 Months for an amountTotal fund required for an amount in Taka

52,61,3929,49,367

62,10,759

41,93,00,0007,50,00,000

49,43,00,000

REVENUE INCOME FROM (C.M)Total Production Line 10

Production Capacity for Pants Project Per Line/Day (10 Hour) 900Production Capacity Per Day 9000

Production Capacity Per Month @ 26 Days 234000Production Capacity per month in a Dozen 19500

Average FOB Per Month Per Pc. $ 6.50Per Month Total FOB Value in USD $15,21,000

Per Month Total FOB @ Taka. 79.00 12,01,59,00Less Material Cost @ 75% of FOB Value 9,01,19,250

Average Cutting and Making Charges (C.M.) 3,00,39,750

Rest of the Amount by Cutting & Making Charges (C.M) $ 3,80,250 3,00,39,750Salary and Other Total Expenses $ 2,43,874 1,92,66,050

Balance Profit $ 1,36,376 1,07,73,700Less Bank Interest with Principal amount in a Month $86,426 71,66,369

Net Profit (After Monthly Bank Installment) $ 45,662 36,07,331

*Back to Back Facilities Required US$ 34,22,250 .00 (Quarterly Requirement) *

Multi Modern Apparels Limited

Norshingpur to Konabari Road, Dhanayet, Near Yousuf Market,U.P. Yarpur, P.S: Ashulia, Ashulia, Dhaka-1241

PROJECT ANALYSIS FOR PRODUCTION, INCOME,EXPENDITURES, PROFIT AND LOSS STATEMENT FOR 10 LINES ALL KINDS OF PANTS.

01. Costing Analysis for Line wise in a Month. (Total 10 Lines For Pants) 02. Total Manpower for 10 Lines X 132 Person = 1320 Person.03. All Staff for 10 Lines X 12 Person = 120 Person X 18,782 = Tk. 22,53,840/=04. All workers for 10 Lines. X 120 Pers. = 1200 Pers. X 9,595 = Tk. 1,15,14,000/= Total Salaries and Wages in a Month for 1320 Person. = Tk. 1,37,67,840/=

(Average Salaries and Wages.Taka. 10,430/= Per Person.)Sl.# Description of

ExpendituresManpower Per Line

Manpower Amount in

Taka.Total Lines Total Amount

In Taka.01 Salary’s All Staff’s 12 2,25,384 10 22,53,84002 Wages All Workers 120 11,51,400 10 1,15,14,000

Total : Each Lines. 132 13,76,784 10 1,37,67,84003 Store Purchase, Each Line Every Day 35,000 10 3,50,000

Total Salaries, Wages and Store Purchase 14,11,784 10 1,41,17,84004 Compliance Overtime per day 03 Hours allowed. 3,04,542 10 30,45,420

Total costing including all expenditures and 03 hours compliance overtime bill

17,16,326 10 1,71,63,260

05 Over Head Expenditures :Head Office, Including Commercial Established Cost, Insurance, Transport, CNF Bill, BTB L/C Commission, BTB L/C Interest, Export Interest Etc. (Average FOB Value US$ 78.00 x 19500 Dz. = US$ 15,21,000.00 X 25% C.M. = $ 3,80,250 Rate Tk. 79/= = Tk. 3,00,39,750/= x 7% Cost. = Taka. 21,02,783/=

Per Line Costing 2,10,279 10 21,02,790

Total Costing Per Line Each Line 19,26,605 10 Lines 1,92,66,050

06 If Project Loan by Bank is (70%) for an amount in Tk. 41,93,00,000/= and 7 Years (Bank Interest) = Tk. 18,26,75,000/= Now total amount Taka. 60,19,75,000/= Divided 84 Months = Tk. 71,66,369/= Per Month Bank Installment. But Payment will be Quarterly Installment for an amount in Taka. 2,14,99,107/= X 28 Installment = Taka. 60,19,75,000/=

71,66,369

07 Grand Total Monthly Expenditures with Bank Loan Repayment 2,64,32,419

N.B. Including Loan Repayment per line in Taka. 7,16,637/= & others Expenditures per Line in Taka. 19,26,605/= . Now Total Expenditures per Line in a Month in Taka. 26,43,242/= Divided 25 Days = Tk. 105,730/= (Per Day) Divided 10 Hours. = Taka. 10,573/= (Per Hour and Per line Income required).

Multi Modern Apparels LimitedNorshingpur to Konabari Road, Dhanayet, Near Yousuf Market,

U.P. Yarpur, P.S: Ashulia, Ashulia, Dhaka-1241

HEADWISE SUMMARY IN DETAILSEXPENDITURES FOR 10 LINES IN A MONTHS.

Date: 24/05/2016

SL.# Head of Expenditures for 10 Lines Amount01 10 Lines All Staff’s Salary’s

(For Office & Factory)22,53,840

02 10 Lines All Workers Wages 1,15,14,000

Total Salaries and Wages in a month 1,37,67,840

03 10 Lines Monthly Store Purchase 3,50,000

Total Salaries, Wages and Daily Store Expenses in Month. 1,41,17,840

04 10 Lines Workers Compliance Overtime for 03 hours in a Month. 30,45,420

Total Expenditures including Overtime. 1,71,63,260

05 Overhead Expenditures including Commercial, BTB L/C Commission, BTB L/C Interest, Insurance, Transport (Import & Export) Export Commission and other Expenditures.

21,02,790

Total Factory and others expenses for amount 1,92,66,05006 If Project Loan by Bank is (70%) for an amount in Tk.

41,93,00,000/= and7 Years (Bank Interest) = Tk. 18,26,75,000/= Now total amount Taka. 60,19,75,000/= Divided 84 Months = Tk. 71,66,369/= Per Month Bank Installment. But Payment will be Quarterly Installment for an amount in Taka. 2,14,99,107/= X 28 Installment = Taka. 60,19,75,000/=

71,66,369

08 GRAND TOTAL NET PROFIT IN A MONTH. 2,64,32,419

BIO – DATAOF

MD. ALTAF HOSSAINContact # 01715-152765

Father’s Name : Late. Amir Hossain

Mother’s Name : Late. RahimaKhatun

Permanent Address : Vill + P.O :BothalbuniaUpazila&Dist :Patuakhali.

Present Address : House # 39, Road # 19,Sector – 11,Uttara Model Town, Dhaka-1230.

Nationality : Bangladeshi by birth.Marital Status : Married.Date of Birth : September 13, 1962.Educational Qualification : Arts Graduate from Patuakhali Government

University College,Under the Dhaka University.Experiences : Total Garments Experiences 27 Years 06 Months.

1) Served as an Executive Director with effect from September 01, 2008 to Till date. (07 Years 09 Months) . At Apparel Gallery Limited (Central), (Ha-Meem Group), Norshingpur, Ashulia Zone, Ashulia, Savar, Dhaka-1241.

2) Served as an Executive Director with effect from April 01, 2002 to August 31, 2008 (06 Years 06 Months). At Nassa Main Land, Begunbari, Tejgaon Industrial Area and Kimia Complex (NASSA GROUP)Joharshara, P.S. Vatara, Dhaka – 1229.

3) Served as a General Manager, Marketing & Commercial Department with effect from October 01, 1991 to March 31, 2002 (10 Years 06 Months) at Grand Fashion Garments Limited, 93, Motijheel Commercial Area, Dhaka-1000.

4) Foreign Service as a Camp Manager, with effect from July 07, 1989 to June 30, 1991( 02 Years ) at Technocon Limited (Bangladeshi Constriction Company) at Baghdad, Iraq & 06 MonthsHonorary Service at Bangladesh Embassy during the evacuation Period for Kuwait and Iraq Emergency Period.

5) Served as a Commercial Officer & Manager with effect from July 01, 1986 to June 30, 1989 (03 Years) at Regent Garments Limited, Mohammadpur, Tajmohal Road, Dhaka-1209.

6) As an Executive Director, Total Experiences 14 Years 03 Months.

(MD. ALTAF HOSSAIN)

BIO – DATAOF

S.M. KawsarJahan MustafaContact # 01720-983418

Father’s Name : SaydurRahman

Mother’s Name : Nurjahan Begum

Permanent Address : North Mourail, Gokama RoadP.S. &Dist :Brahmanbaria.

Present Address : Flat # 3, Building # 4, Road # 2/A,PWD Officer’s QuarterDhanmondi R/ Area, Dhaka-1205.

Nationality : Bangladeshi by birth.Marital Status : Married.Date of Birth : December 21, 1968.

Spouse : Mrs. TanzilaKhanomExecutive EngineerPublic Works Department (PWD).

Educational Qualification : M.A. Dhaka, University.

EXPERIENCES:1) As a Managing Partner with effect from 2007 to 2013 at Avenue Apparels. (100% Export

Oriented Garments Industry).

2) As a Proprietor of KTS International. Trading Business, Canadian, Bangladeshi.

3) As a Partner of Mustafa & Brothers (Construction Business).

(S.M. KawsarJahan Mustafa)

List of the Machineries for 10 Lines for all kinds of Pants.

S/No. Name of Machineries Brand Auto Trimmer

Manual Total Quantity Value in US$

01 Single Needle/Plain Machines Juki 300 100 400

02 Two Needle Juki 70 00 70

03 5 Thread Over lock Juki 50 20 70

04 4 Thread Over lock Juki 00 20 20

05 Kansai Special Juki 30 00 30

06 Vertical Trimming Lock Stitch Juki 10 00 10

07 03 Needle Feed of the Aram Juki 30 00 30

08 Computerized Bar tack Juki 35 00 35

09 Computerized Eyelet Juki 06 00 06

10 Computerized Button Hole Juki 04 00 04

11 Computerized Button Stitch Juki 04 00 04

12 Computerized Velcro Attached Juki 20 00 20

13 Blind Stitch Juki 03 00 03

14 Thread Soaking Machines Local 00 02 02

15 Pecoting Machine Juki 02 00 00

16 Fusing Machines (Hasima) 02 00 02

17 Needle Detector Juki 01 00 01

18 Fabrics Inspection 01 00 01

19 Plastic Staple attached Juki 06 00 06

20 Vacuum Table 00 30 30

21 Snap Button Auto Juki 20 00 20

22 Steam Iron 00 35 35

23 Cutting Machines 00 06 06

24 End Cuter Machines. 01 00 01

25 Label Cutting Juki 01 00 01

26 Thread Re-Coning 01 00 01

27 Band Knife Juki 01 00 01

24 Auto Cuter Machines. 01 00 01

25 Belt Loop Making Juki 01 00 01

26 1-Needle Lockstitch Zigzag Juki 05 00 05

816

N. ISLAM ENGINEERING (Total Metal Soluations)Corporate Office: House # 646, Flat # A1, Link Road, Mirpur DOHS, Dhaka-1216

Factory :Kalma, Savar, Dhaka, Tel: 8000133,Cell: 01712-008670, 01791-702441,

E-mail :info@nislamengineering.com, nislamew@gmail.com, www.nislamengineering.com

REQUIREMENT ITEMSS/No. Items Name Quantity Value

01 Fire Door 1602 Diesel Pump 0103 Fire Detection Alarming 0104 Fire Hydrant 0105 Sprinkler System06 Pillar Hydrant 0107 Hose Reel Box 1208 Hose Reel 1209 Fire Pump 0110 Fire Control Panel 0111 Fire Sprang Nozzle 0112 Fire Valve 0113 Centrifugal Pump 01

List of the Machineries for 10 Lines for all kinds of Pants.

S/No. Name of Machineries Auto Trimmer Manual Total Quantity Value in US$

01 Single Needle/Plain Machines

02 Two Needle

03 5 Thread Over lock

04 4 Thread Over lock

05 Kansai Special

06 Vertical Trimming Lock Stitch

07 Feed of the Aram Computerized

08 Computerized Bar tack

09 Computerized Eyelet

10 Computerized Button Hole

11 Computerized Button Stitch

12 Computerized Velcro Attached

13 Blind Stitch

14 Thread Soaking Machines

15 Pecoting Machine

16 Fusing Machines (Hasima)

17 Needle Detector

18 Fabrics Inspection

19 Plastic Staple Machines

20 Vacuum Table

21 Snap Button Auto

22 Steam Iron

23 Cutting Machines

24 Band Knife

25 Auto Cuter Machines.