Pre-feasibility Granite Quarry Project - Sindh Board Of Investment ...

PRE-FEASIBILITY GRANITE QUARRY PROJECT 20107. The Financials7.1. Projected Income StatementMODEL QUARRY - PROJECTED PROFIT AND LOSS ACCOUNTYear 1 Year 2 Year 3 Year 4 Year 5SALES 38,400,000 48,384,000 67,737,600 80,015,040 88,683,336Operating cost (28,153,700) (30,184,070) (34,403,571) (36,922,180) (38,628,013)GROSS PROFIT 10,246,300 18,199,930 33,334,030 43,092,860 50,055,323Administration marketing and other expenses 5,472,500 5,832,820 6,259,308 6,682,081 7,121,576Income from training institute - - - - -NET PROFIT BEFORE TAX 4,773,800 12,367,110 27,074,722 36,410,779 42,933,747Provision for taxation 25% - - - (9,102,695) (10,733,437)PROFIT / (LOSS) AFTER TAX 4,773,800 12,367,110 27,074,722 27,308,084 32,200,310Un- appropriated profit / (loss) b/f - 4,773,800 17,140,910 17,686,253 17,997,7354,773,800 17,140,910 44,215,632 44,994,337 50,198,045Appropriation of profits - - 26,529,379 26,996,602 50,198,045Un-appropriated profit / (loss) carriedforward to balance sheet 4,773,800 17,140,910 17,686,253 17,997,735 -24