21/06/2006
Date :
DSCR Statement
Rs in one hundred thousands
Draft for HighTech Engineering Industries
81, Mittal Towar, Nariman Point, Mumbai
Year No ———— >
2003-04
2004-05
2005-06
2006-07
2002-03
A) Profit After Tax (PAT)
29.17
62.36
69.30
94.19
121.49
B) Add back Depreciation
29.58
33.60
33.60
32.92
29.09
C) Add back Written-Off Preop Exp
1.67
1.67
0.42
0.42
0.42
D) Net Cash Accruals
60.42
97.63
103.32
127.53
151.01
E) Repayment Obligations
Secured Loans
31.74
29.24
25.74
25.74
25.74
UnSecured Loans
1.48
1.48
1.48
1.48
0.48
Deferred Loans
3.00
0.00
0.00
0.00
0.00
Debentures
3.60
3.60
3.60
2.40
2.40
Seed Capital Loans
0.60
0.60
0.55
0.00
0.00
Total Repayments
40.42
34.92
31.37
29.62
28.62
F) Debt Service Ratio (D / E)
1.49
2.80
3.29
4.31
5.28
DSR Mean (Yr 1 to 5) is 3.43
G) Net Cash Accruals
60.42
97.63
103.32
127.53
151.01
H) Total Interest from Term Borrowings
19.99
15.15
11.04
6.94
3.18
I) Total (G + H)
80.41
112.78
114.36
134.47
154.19
J) Total Repayments of Term
40.42
34.92
31.37
29.62
28.62
K) Total Interest from Term Borrowings
19.99
15.15
11.04
6.94
3.18
L) Total (J + K)
60.40
50.07
42.41
36.56
31.80
M) Debt Service Coverage Ratio (I / L)
1.33
2.25
2.70
3.68
4.85
DSCR Mean (Yr 1 to 5) is 2.96
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DSCR Statement