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CIA-3 COMPONENT 2
Jacob George
1520520
3BBA E
MANPASAND BEVERAGES
Sources of Funds
in Rs. Crores
SOURCE OF
FUND
Equity Share
Capital
Debts
2016 (Rs.)
2015
(Rs.)
296.50
2014
(Rs.)
296.50
2013
(Rs)
86.91
2012(R
s.)
86.91
39591.71
34884.3
5
33768.3
1
4501.54
3599.13
TOTAL
39888.21
35180.3
5
34064.8
1
4588.45
3686.04
296.50
2016
=3959.171*
2015
=3488.435*
2014
=3376.831*
2013
=450.154 *
2012
=359.913 *
(1-0.33)
(1-0.33)
(1-0.33)
(1-0.33)
(1-0.33)
39591.71
34884.35
33768.31
4501.54
3599.13
=0.067*100
=0.067*100
=0.067*100
=0.067*100
=0.067*100
=6.7%
=6.7%
=6.7%
=6.7%
=6.7%
The rate of interest taken for 5 years is 10% and tax rate 33%.
PG:1
2015
=4.1/1+0.204
2014
=3.25/1+0.204
2013
=0.1/1+0.204
2012
=4/1+0.204
=3.5+0.204
=4.1+0.204
=3.25+0.204
=0.1+0.204
=4+0.204
=3.704
=4.304
=3.454
=0.304
=4.204
=370.4%
=430.4%
=345.4%
=30.4%
=420.4%
PG:2
SOURCE
WEIGHTS
WEIGHTS
WEIGHTS
WEIGHTS
WEIGHTS
OF
(2016)
(2015)
(2014)
(2013)
(2012)
FUND
Equity
296.50/398
296.50/351
296.50/340
86.91/4588.4
86.91/3686.0
Share
88.21=
80.35=
64.81=
5=
4=
Capital
Debts
0.0074
39591.71/3
0.0084
34884.35/3
0.0087
33768.31/3
0.0189
=4501.54/45
0.0235
3599.13/3686
9888.21=
5180.35=
4064.81=
88.45=
.04=
0.992
0.991
0.991
0.981
0.976
WACC (2016)
= (0.0074*3.704) + (0.992*0.067)
= 9.38%
WACC (2015)
= (0.0084*4.304) + (0.991*0.067)
=10.31%
WACC (2014)
= (0.0087*3.454) + (0.991*0.067)
=9.64%
PG:3
WACC (2013)
= (0.0189*0.304) + (0.981*0.067)
=7.14%
WACC (2012)
= (0.0235*4.204) + (0.976*0.067)
=16.41%
COST OF DEBT
2016
6.7%
2015
6.7%
2014
6.7%
2013
6.7%
2012
6.7%
COST OF EQUITY
2016
370.4%
2015
430.4%
2014
345.4%
2013
30.4%
2012
420.4%
2013
7.14%
2012
16.41%
WACC
2016
9.38%
2015
10.31%
2014
9.64%
PG:4