Cash Flow Projection

AFIFA APPARELS LIMITED

(all figures are in BDT)
($1 = BDT 110) May May-Jun Jun
1-May-2024 8-May-2024 15-May-2024 22-May-2024 29-May-2024 5-Jun-2024 12-Jun-2024
Week 18 Week 19 Week 20 Week 21 Week 22 Week 23 Week 24
Time Period 1 2 3 4 5 6 7
Starting Cash Balance 200,000.00 982,490.00 24,340.00 35,790.00 27,240.00 93,690.00 1,354,990.00

Receipts
Week 18 Week 19 Week 20 Week 21 Week 22 Week 23 Week 24
Trade Receipt - TT 986,040.00
Trade Receipt - LC 1,595,000.00
Trade Receipt - Sub-contract
Trade Receipt - POTENTIAL
Receipts from Line of Credit 4,750,000.00 400,000.00 800,000.00 200,000.00 6,950,000.00
Total Receipt 986,040.00 4,750,000.00 400,000.00 800,000.00 200,000.00 1,595,000.00 6,950,000.00

4,750,000.00 400,000.00 800,000.00 200,000.00 6,950,000.00

Disbursements
Week 18 Week 19 Week 20 Week 21 Week 22 Week 23 Week 24
Remuneration - - 320,000
Managing Director 100,000
Executive Director 120,000
Chief Operating Officer 100,000
Staff Salary, Wages & Bonus - - 6,800,000
Staff Salary & Allowance 5,500,000.00 1,350,000
Workers Wages 3,600,000
Festival Bonus 1,700,000
Hold/Resign Salary 200,000.00 150,000
Factory Overhead Expense 48,800 137,850 342,850
Electricity Bill 220,000.00
Factory Rent 50,000.00 50,000
Machine Tools 20,000.00 20,000.00 20,000.00 20,000.00 20,000 20,000 20,000
IT & Electric Items Purchase 5,000.00
Medicine & Tests 300.00 300.00 300.00 300.00 300 350 350
Wasa Bill 80,000.00
Loading & Unloading 10,000.00 10,000.00 10,000.00 10,000.00 10,000 10,000 10,000
Contractual Payment 150,000.00 220,000
Entertainment Expense 34,000 34,000
Repairs & Maintenance 2,000.00 2,000.00 2,000.00 2,000.00 2,000 4,000 4,000
Machine Rent 35,000.00 35,000
Sub-contractor Expense
Fuel & Gas 1,500.00 1,500.00 1,500.00 1,500.00 1,500 1,500 1,500
Supplies 15,000.00 15,000.00 15,000.00 15,000.00 15,000 18,000 18,000
Commercial Expense 30,500 37,500 37,500
Commercial Expense_General 25,000.00 25,000.00 25,000.00 25,000.00 25,000 20,000 20,000
B2B open, Comm. & charges 1,500.00 1,500.00 1,500.00 1,500.00 1,500 15,000 15,000
Insurance Expense 4,000.00 4,000.00 4,000.00 4,000.00 4,000 2,500 2,500
Shipment_Air (Freight)
Shipment_Sea (Freight)
Raw Materials Purchases 25,000 25,000 25,000
Fabric purchase_Local
Accessories purchase_Local 25,000.00 25,000.00 25,000.00 25,000.00 25,000 25,000 25,000
Yarn purchase_Local
Administrative, Selling & Marketing Exp. 26,600 28,100 78,200
Internet Bill 600.00 600
Dish Bill 300.00 300
Mobile Phone Bill 1,700.00 1,700
TDS, VDS, Others 50,000.00 40,000
Audit fee
Printing & Stationery 5,000.00 5,000.00 5,000.00 5,000.00 5,000 5,000 5,000
Transport Cost 2,000.00 2,000.00 2,000.00 2,000.00 2,000 5,000 5,000
Conveyance Cost 4,000.00 4,000.00 4,000.00 4,000.00 4,000 4,000 4,000
License Renewals
Garage & Cleaning Bill 2,000.00 2,000
Business Promotion 10,000.00 10,000.00 10,000.00 10,000.00 10,000 10,000 10,000
Donation & Subscription 1,500.00 1,500.00 1,500.00 1,500.00 1,500 5,500
Postage & Courier 100.00 100.00 100.00 100.00 100 100 100
Office Maintenance 4,000.00 4,000.00 4,000.00 4,000.00 4,000 4,000 4,000
Buying Commission
BSCI / SEDEX Certification
Advance Income Tax (AIT)
Property, Plant & Equipment 2,500 2,500 2,500
Furniture & Fixture 2,500.00 2,500.00 2,500.00 2,500.00 2,500 2,500 2,500
Office Equipment
Computer Accessories
Office Renovation
Machinery purchase
Financial Expenses 150 102,750 70,750
Bank Loan Interest_Others 32,000
Bank Charges 150.00 150.00 150.00 150.00 150 750 750
Bank Loan Interest_EBL 200,000.00
Petty Cash 20,000.00 20,000.00 20,000.00 20,000.00 0 70,000 70,000
Outstanding Expenses 0 0 535,000
Remuneration_MD ### 100,000
EBL OD Interest ###
VAT Office VDS ###
Factory Rent May'24 50,000 50,000
Monno Trading (C & F Expenses) ### 180,000
Ababil Cargo Service ### 50,000
Snehasish Mahmud & Co. ### 150,000
Anjuman Mofidul May'24 5,000 5,000
Electricity Bill May'24 ###
Wasa Bill
Directors Loan Repayment - - -
Chairman
MD
Director
ED

Total 203,550.00 5,708,150.00 388,550.00 808,550.00 133,550 333,700 8,211,800

Total Disbursements 203,550.00 5,708,150.00 388,550.00 808,550.00 133,550 333,700 8,211,800

0.00 (7,120,000.00)
(535,000.00)
333,700.00 556,800.00

Week 18 Week 19 Week 20 Week 21 Week 22 Week 23 Week 24

Running Balance (Rec - Disb) 782,490.00 (958,150.00) 11,450.00 (8,550.00) 66,450 1,261,300 (1,261,800)

Ending Cash 982,490.00 24,340.00 35,790.00 27,240.00 93,690 1,354,990 93,190

 Jun-Jul Jul Jul-Aug Aug
19-Jun-2024 26-Jun-2024 3-Jul-2024 10-Jul-2024 17-Jul-2024 24-Jul-2024 31-Jul-2024 7-Aug-2024
Week 25 Week 26 Week 27 Week 28 Week 29 Week 30 Week 31 Week 32
8 9 10 11 12 13 14 15
93,190.00 4,797,140.00 3,839,440.00 2,719,811.00 (530,139.00) 1,231,661.00 3,897,461.00 7,694,021.00

Week 25 Week 26 Week 27 Week 28 Week 29 Week 30 Week 31 Week 32

4,704,700.00 1,081,850.00 2,200,000.00 4,049,760.00

3,630,000.00
1,850,000.00
4,704,700.00 0.00 0.00 2,931,850.00 2,200,000.00 3,630,000.00 4,049,760.00 0.00

1,850,000.00

Week 25 Week 26 Week 27 Week 28 Week 29 Week 30 Week 31 Week 32

- - - 320,000 - - - 320,000
100,000 100,000
120,000 120,000
100,000 100,000
- - - 4,950,000 150,000 - - 4,950,000
1,350,000 1,350,000
3,600,000 3,600,000
0 0
150,000
- 577,850 137,850 87,850 122,850 582,850 87,850 137,850
185,000 190,000
50,000 50,000
20,000 20,000 20,000 20,000 20,000 20,000 20,000
5,000 5,000
350 350 350 350 350 350 350
80,000 80,000
10,000 10,000 10,000 10,000 10,000 10,000 10,000
220,000 220,000
34,000 34,000 34,000 34,000 34,000 34,000 34,000
4,000 4,000 4,000 4,000 4,000 4,000 4,000
35,000

1,500 1,500 1,500 1,500 1,500 1,500 1,500

18,000 18,000 18,000 18,000 18,000 18,000 18,000
0 37,500 37,500 37,500 37,500 37,500 37,500 37,500
20,000 20,000 20,000 20,000 20,000 20,000 20,000
15,000 15,000 15,000 15,000 15,000 15,000 15,000
2,500 2,500 2,500 2,500 2,500 2,500 2,500

0 25,000 25,000 25,000 25,000 25,000 25,000 25,000

25,000 25,000 25,000 25,000 25,000 25,000 25,000

0 28,100 629,600 384,200 29,600 29,600 29,600 34,200

600 600
300 300
1,700 1,700
50,000

5,000 5,000 5,000 5,000 5,000 5,000 5,000

 5,000 5,000 5,000 5,000 5,000 5,000 5,000
4,000 4,000 4,000 4,000 4,000 4,000 4,000
300,000
2,000 2,000
10,000 10,000 10,000 10,000 10,000 10,000 10,000
1,500 1,500 1,500 1,500 1,500 1,500
100 100 100 100 100 100 100
4,000 4,000 4,000 4,000 4,000 4,000 4,000

600,000

0 2,500 2,500 2,500 2,500 2,500 2,500 2,500

2,500 2,500 2,500 2,500 2,500 2,500 2,500

750 286,750 102,750 70,750 70,750 286,750 70,750 102,750

16,000 32,000 16,000 32,000
750 750 750 750 750 750 750 750
200,000 200,000
70,000 70,000 70,000 70,000 70,000 70,000 70,000
0 0 184,429 304,000 0 0 0 521,415
100,000 100,000
332,415

100,000 50,000
50,000
54,000 39,000

184,429
 0
- - - - - - - -

750 957,700 1,119,629 6,181,800 438,200 964,200 253,200 6,131,215

750 957,700 1,119,629 6,181,800 438,200 964,200 253,200 6,131,215

(5,270,000.00) (5,270,000.00)
(604,000.00) (521,415.00)
750.00 957,700.00 1,119,629.00 307,800.00 438,200.00 964,200.00 253,200.00 339,800.00

Week 25 Week 26 Week 27 Week 28 Week 29 Week 30 Week 31 Week 32

4,703,950 (957,700) (1,119,629) (3,249,950) 1,761,800 2,665,800 3,796,560 (6,131,215)

4,797,140 3,839,440 2,719,811 (530,139) 1,231,661 3,897,461 7,694,021 1,562,806

 Aug-Sep
14-Aug-2024 21-Aug-2024 28-Aug-2024
Week 33 Week 34 Week 35
16 17 18
1,562,806.00 2,534,636.00 7,356,676.00

Week 33 Week 34 Week 35

1,460,030.00 5,300,240.00

6,765,000.00

1,460,030.00 5,300,240.00 6,765,000.00

Week 33 Week 34 Week 35

- - -

150,000 - -

150,000
122,850 312,850 357,850
190,000

20,000 20,000 20,000

5,000
350 350 350
80,000
10,000 10,000 10,000
220,000
34,000 34,000 34,000
4,000 4,000 4,000
35,000

1,500 1,500 1,500

18,000 18,000 18,000
37,500 37,500 37,500
20,000 20,000 20,000
15,000 15,000 15,000
2,500 2,500 2,500

25,000 25,000 25,000

25,000 25,000 25,000

79,600 29,600 29,600

50,000

5,000 5,000 5,000

 5,000 5,000 5,000
4,000 4,000 4,000

10,000 10,000 10,000

1,500 1,500 1,500
100 100 100
4,000 4,000 4,000

2,500 2,500 2,500

2,500 2,500 2,500

70,750 70,750 286,750

16,000
750 750 750
200,000
70,000 70,000 70,000
0 0 0
 - - -

488,200 478,200 739,200

488,200 478,200 739,200

488,200.00 478,200.00 739,200.00

Week 33 Week 34 Week 35

971,830 4,822,040 6,025,800

2,534,636 7,356,676 13,382,476

AFIFA APPARELS LIMITED
Cash Flow Projection
(all figures are in BDT)
($1 = BDT 116.5) Jun Jun-Jul Jul Jul-Aug Aug
5-Jun-2024 12-Jun-2024 19-Jun-2024 26-Jun-2024 3-Jul-2024 10-Jul-2024 17-Jul-2024 24-Jul-2024 31-Jul-2024 7-Aug-2024 14-Aug-2024 21-Aug-2024
Week 23 Week 24 Week 25 Week 26 Week 27 Week 28 Week 29 Week 30 Week 31 Week 32 Week 33 Week 34

Time Period 6 7 8 9 10 11 12 13 14 15 16 17

Starting Cash Balance 623,800.00 (5,299,629.00) (5,299,629.00) (6,009,829.00) (5,116,029.00) (7,250,529.00) (7,590,229.00) (5,342,251.50) (5,566,451.50) (10,066,951.50) (9,188,815.75)

Receipts
Week 23 Week 24 Week 25 Week 26 Week 27 Week 28 Week 29 Week 30 Week 31 Week 32 Week 33 Week 34

Trade Receipt - TT 930,000.00

Trade Receipt - LC 3,500,000.00 4,300,000.00 2,963,177.50 2,316,000.00 1,262,335.75 524,250.00
Trade Receipt - Sub-contract 567,000.00 1,200,000.00
Trade Receipt - tentative
Total Receipt 930,000.00 4,067,000.00 0.00 0.00 1,200,000.00 4,300,000.00 0.00 2,963,177.50 0.00 2,316,000.00 1,262,335.75 524,250.00

7,777,711.00

Disbursements
Week 23 Week 24 Week 25 Week 26 Week 27 Week 28 Week 29 Week 30 Week 31 Week 32 Week 33 Week 34

Remuneration - 320,000 - - - 320,000 - - - 320,000 - -

Staff Salary, Wages & Bonus - 7,125,000 - - - 5,350,000 75,000 - - 5,350,000 75,000 -

Factory Overhead Expense 123,850 1,624,850 - 343,850 123,850 298,850 108,850 348,850 73,850 348,850 108,850 303,850
Commercial Expense 25,500 25,500 0 25,500 25,500 25,500 25,500 25,500 25,500 25,500 25,500 25,500
Raw Materials Purchases 25,000 25,000 0 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000
Administrative, Selling & Marketing Exp. 26,600 77,400 0 26,600 26,600 81,900 32,100 26,600 26,600 331,900 76,600 24,100
Property, Plant & Equipment 2,500 2,500 0 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500
Financial Expenses 102,750 70,750 0 286,750 102,750 70,750 70,750 286,750 70,750 102,750 70,750 70,750
Outstanding Expenses 0 719,429 0 0 0 260,000 0 0 0 310,000 0 0

Directors Loan Repayment - - - - - - - - - - - -

Total 306,200 9,990,429 0 710,200 306,200 6,434,500 339,700 715,200 224,200 6,816,500 384,200 451,700

Total Disbursements 306,200 9,990,429 0 710,200 306,200 6,434,500 339,700 715,200 224,200 6,816,500 384,200 451,700

Week 23 Week 24 Week 25 Week 26 Week 27 Week 28 Week 29 Week 30 Week 31 Week 32 Week 33 Week 34

Running Balance (Rec - Disb) 623,800 (5,923,429) 0 (710,200) 893,800 (2,134,500) (339,700) 2,247,978 (224,200) (4,500,500) 878,136 72,550

Ending Cash 623,800 (5,299,629) (5,299,629) (6,009,829) (5,116,029) (7,250,529) (7,590,229) (5,342,252) (5,566,452) (10,066,952) (9,188,816) (9,116,266)
 Week 23 Week 24 Week 25 Week 26 Week 27 Week 28 Week 29 Week 30 Week 31 Week 32 Week 33 Week 34

Fund Injection 5,300,000 750,000 1,200,000 350,000 2,500,000

...new_Starting Cash Balance 0 623,800 371 371 40,171 933,971 (529) 9,771 2,257,749 2,033,549 33,049 911,184
...new_End Cash 623,800 371 371 40,171 933,971 (529) 9,771 2,257,749 2,033,549 33,049 911,184 983,734

Note: Ziofy payment may not be received due to BTB Liability adjustment
 Aug-Sep Sep Sep-Oct Oct Oct-Nov Nov Nov-Dec Dec
28-Aug-2024 4-Sep-2024 11-Sep-2024 18-Sep-2024 25-Sep-2024 2-Oct-2024 9-Oct-2024 16-Oct-2024 23-Oct-2024 30-Oct-2024 6-Nov-2024 13-Nov-2024 20-Nov-2024 27-Nov-2024 4-Dec-2024 11-Dec-2024
Week 35 Week 36 Week 37 Week 38 Week 39 Week 40 Week 41 Week 42 Week 43 Week 44 Week 45 Week 46 Week 47 Week 48 Week 49 Week 50
18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33
(9,116,265.75) (3,134,497.75) (3,514,847.75) (9,349,797.75) (9,900,147.75) (830,497.75) (1,210,847.75) (7,045,797.75) (7,596,147.75) (8,926,497.75) (4,206,847.75) (10,091,797.75) (10,622,147.75) (11,222,497.75) (7,302,847.75) (13,183,197.75)

Week 35 Week 36 Week 37 Week 38 Week 39 Week 40 Week 41 Week 42 Week 43 Week 44 Week 45 Week 46 Week 47 Week 48 Week 49 Week 50

1,699,968.00 5,400,000.00

5,000,000.00 5,000,000.00 5,000,000.00 5,000,000.00

6,699,968.00 0.00 0.00 0.00 10,400,000.00 0.00 0.00 0.00 0.00 5,000,000.00 0.00 0.00 0.00 5,000,000.00 0.00 0.00

Week 35 Week 36 Week 37 Week 38 Week 39 Week 40 Week 41 Week 42 Week 43 Week 44 Week 45 Week 46 Week 47 Week 48 Week 49 Week 50
-
-

348,850 125,800 75,800 110,800 500,800 125,800 75,800 110,800 500,800 75,800 125,800 75,800 235,800 375,800 125,800 75,800
25,500
25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000
29,600
2,500
286,750
0
-

718,200 380,350 5,834,950 550,350 1,330,350 380,350 5,834,950 550,350 1,330,350 280,350 5,884,950 530,350 600,350 1,080,350 5,880,350 334,950

718,200 380,350 5,834,950 550,350 1,330,350 380,350 5,834,950 550,350 1,330,350 280,350 5,884,950 530,350 600,350 1,080,350 5,880,350 334,950

Week 35 Week 36 Week 37 Week 38 Week 39 Week 40 Week 41 Week 42 Week 43 Week 44 Week 45 Week 46 Week 47 Week 48 Week 49 Week 50
5,981,768 (380,350) (5,834,950) (550,350) 9,069,650 (380,350) (5,834,950) (550,350) (1,330,350) 4,719,650 (5,884,950) (530,350) (600,350) 3,919,650 (5,880,350) (334,950)

(3,134,498) (3,514,848) (9,349,798) (9,900,148) (830,498) (1,210,848) (7,045,798) (7,596,148) (8,926,498) (4,206,848) (10,091,798) (10,622,148) (11,222,498) (7,302,848) (13,183,198) (13,518,148)
Week 35 Week 36 Week 37 Week 38 Week 39 Week 40 Week 41 Week 42 Week 43 Week 44 Week 45 Week 46 Week 47 Week 48 Week 49 Week 50

600,000 6,000,000

983,734 6,965,502 6,585,152 750,202 199,852 9,269,502 8,889,152 3,054,202 2,503,852 1,173,502 5,893,152 8,202 77,852 5,477,502 9,397,152 3,516,802
6,965,502 6,585,152 750,202 199,852 9,269,502 8,889,152 3,054,202 2,503,852 1,173,502 5,893,152 8,202 77,852 5,477,502 9,397,152 3,516,802 3,181,852
 18-Dec-2024 25-Dec-2024 1-Jan-2025
Week 51 Week 52 Week 53
34 35 36
(13,518,147.75) (14,068,497.75) (10,398,847.75)

Week 51 Week 52 Week 53

5,000,000.00
0.00 5,000,000.00 0.00

Week 51 Week 52 Week 53

110,800 500,800 84,800

25,000 25,000 25,000

550,350 1,330,350 298,350

550,350 1,330,350 298,350

Week 51 Week 52 Week 53

(550,350) 3,669,650 (298,350)

(14,068,498) (10,398,848) (10,697,198)

Week 51 Week 52 Week 53

3,181,852 2,631,502 6,301,152

2,631,502 6,301,152 6,002,802