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    Financial Follow Up Report (FFR-II)

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    Kiran Thakker
    This document is a financial follow up report (FFR-II) that borrowers must submit to lenders within 8 weeks of the end of each half year. It includes an operating statement and funds flow statement with actual figures for the last half year as well as last year and current year estimates for comparison. The operating statement shows income, expenses, profits and other financial details. The funds flow statement tracks sources and uses of funds, changes in assets and liabilities, working capital gaps, and bank borrowings. Notes provide instructions on how to complete the report.

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    Financial Follow Up Report (FFR-II)

    Uploaded by

    Kiran Thakker
    1K views3 pages
    This document is a financial follow up report (FFR-II) that borrowers must submit to lenders within 8 weeks of the end of each half year. It includes an operating statement and funds flow statement with actual figures for the last half year as well as last year and current year estimates for comparison. The operating statement shows income, expenses, profits and other financial details. The funds flow statement tracks sources and uses of funds, changes in assets and liabilities, working capital gaps, and bank borrowings. Notes provide instructions on how to complete the report.

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    Financial Follow up Report (FFR-II)

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    This document is a financial follow up report (FFR-II) that borrowers must submit to lenders within 8 weeks of the end of each half year. It includes an operating statement and funds flow statement with actual figures for the last half year as well as last year and current year estimates for comparison. The operating statement shows income, expenses, profits and other financial details. The funds flow statement tracks sources and uses of funds, changes in assets and liabilities, working capital gaps, and bank borrowings. Notes provide instructions on how to complete the report.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    1K views3 pages

    Financial Follow Up Report (FFR-II)

    Uploaded by

    Kiran Thakker
    This document is a financial follow up report (FFR-II) that borrowers must submit to lenders within 8 weeks of the end of each half year. It includes an operating statement and funds flow statement with actual figures for the last half year as well as last year and current year estimates for comparison. The operating statement shows income, expenses, profits and other financial details. The funds flow statement tracks sources and uses of funds, changes in assets and liabilities, working capital gaps, and bank borrowings. Notes provide instructions on how to complete the report.

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    © All Rights Reserved
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    of 3

    PS: to be submitted with in 8 weeks from the close of half year

    FINANCIAL FOLLOW UP REPORT (FFR – II)


    Report for the __________ (I/II) Half-year ended __________
    (This report replaces Form III under Quarterly Information System)

    Name of the Borrower:


    PART A
    A. Half-yearly Operating Statement
    (Rs. In Lacs)
    Particulars Last year Current year Half year ended
    (Actual) (Estimates) _______ (Actual)
    1. Gross Sales (net of
    returns)
    a. Domestic
    b. Exports
    Total
    2. Less Excise duty
    3. Net Sales (Item 1
    minus 2)
    4. Cost of goods sold
    a. Raw materials
    consumption (including
    stores & spares used in the
    process of manufacture)
    b. Other spares
    c. Power & fuel
    d. Direct Labour
    (Factory wages &
    salaries)
    e. Other manufacturing
    expenses
    f. Depreciation
    Sub-total
    Add:
    Opening stocks-in-process
    & finished goods
    Sub-total
    Deduct:
    Closing stocks-in-process &
    finished goods
    5. Total cost of goods sold
    6. Selling, general &
    administration expenses
    7. Interest
    8. Sub-total (5+6+7)
    9. Operating Profit/Loss
    (3-8)
    10. Other non-operating
    income/expenses – Net
    (+/-)
    11. Profit before tax/loss
    (9+10)

    PART B
    B. Half-yearly Funds Flow Statement
    (Rs. In Lacs)
    Particulars Last year Current year Half year ended
    (Actual) (Estimates) _______ (Actual)
    1. SOURCES
    a. Profit before tax
    b. Depreciation
    c. Increase in capital
    d. Increase in term
    liabilities
    e. Decrease in
    i. Fixed assets
    ii. Other non-current
    assets
    f. Others
    g. Total
    (A)
    2. USES
    a. Net Loss
    b. Dividend payments
    c. Tax paid
    d. Decrease in term
    liabilities (including
    public deposits)
    e. Increase in
    i. Fixed assets
    ii. ICDs placed
    iii. Investments in
    associates/subsidiar
    ies
    iv. Other non-
    current assets
    f. Others
    g. Total
    (B)
    3. Long term surplus (+) /
    Deficit (-) (A-B)
    4. Changes in current
    assets
    Increase (+)/decrease
    (-)
    5. Changes in other
    current liabilities (other
    than bank borrowings)
    6. Changes in WC gap
    Increase (+)/decrease
    (-) (4-5)
    7. Net surplus (+)/deficit
    (-)
    (Difference between 3
    & 6)
    8. Changes in bank
    borrowings
    Increase (+)/decrease
    (-)

    Notes:
    i. This report should be submitted by the borrower within 8 weeks from the close
    of each half year.
    ii. The information should be furnished for each line of activity/division/unit
    separately as also for the company as a whole.
    iii. Valuation of current assets or current liabilities and recording of income and
    expenses should be on the same basis as adopted for the statutory balance
    sheet and it should be applied on consistent basis.
    iv. Classification of current assets/current liabilities for the purpose of funds flow
    should be the same as in assessment of working capital limits and the
    relevant FFR-I.
    v. In respect of traders and merchant exporters, the modified format for Part A
    should be used.

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