ANALYSIS OF WORKING CAPITAL MANAGEMENT
EXECUTIVE SUMMARY
Background of the Company:
This Project is carried out in Dharwad Milk Union, which is a part of Karnataka
Milk Federation (KMF). KMF is a co-operatie ape! "od# in the state of Karnataka
representin$ dair# far%er&s or$ani'ation and also i%ple%entin$ dair# deelop%ent
Karnataka actiities to achiee the dair# o"jectie. KMF has () %ilk unions and
Dharwad Milk Union is one a%on$ () unions. The project helps to stud# the practice in
*orkin$ +apital in DMU, in the past fie #ears and to calculate finance %ana$e%ent
perfor%ance in the past fie #ears.
TITLE OF THE PRO1ECT:
~ANALYSIS OF WORKING CAPITAL MANAGEMENT¨ at Dharwad
Milk Union Ltd, Dharwad
Objectives of the Study
? To study the management of inventories, account receivables and cash in the
firm.
? To study the liquidity position of the firm .
? To Comparison of present and last four years Working capital.
? To know the current position Conclusion of the company.
Statement of the Problem:
The stud# has "een taken in the or$ani'ation for the purpose to know the
,*orkin$ +apital Mana$e%ent- of the co%pan# for fie #ears.
Design of the Study:
The stud# is conducted at Dharwad Milk Union. The stud# was a"out the stud#in$
the co%pan# profile, .nnual /eports of last fie #ears of the fir% 0 operatin$ c#cle,
Need for the Study:
This stud# is undertaken to know the present li1uidit# position of the Dharwad
Milk Union, Dharwad. This project will throw li$ht on fir%s co%petitieness with other
fir%s and it also throw li$ht on the financial position and ade1uate workin$ capital,
which the fir% possesses. This stud# carried out to know whether DMU has properl#
Babasabpatilfreepptmba.com (
ANALYSIS OF WORKING CAPITAL MANAGEMENT
utili'ed its resources and assets are not and also ascertain the li1uidit# position of the
fir%.
Data Collection:
The present stud# is carried out workin$ capital position of the Dharwad Milk
Union, which atte%pts to anal#'e and interpretation "# usin$ ratio anal#sis techni1ue 0
concepts of workin$ capital. Ta"ular for%ats are also used whereer necessar# to show
the data calculations with necessar# theoretical e!planations.
Sources of Data:
2ources of data are can "e classified into two cate$ories3
(. Pri%ar# Data
4. 2econdar# Data
Primary Data3
The infor%ation is collected fro% the personal interaction with the
financial %ana$ers of DMU.
Secondary Data3
This is "een is collected throu$h DMU .nnual /eports of last fie
#ears i.e. 4556-57 to 4558-59 0 also throu$h:
(. ;nfor%ation for% the internet sources
4. ;nfor%ation fro% the %aterials proided "# the concern %a$a'ine,
newspapers + increases /s 9, A7,AA?.
f) The Unpaid salar# .>+ decreases /s A, 96,?A7.
$) Duties 0 ta!es increase /s 9, 5A,6(8.
h) 2undr# creditors decrease /s )8, 44,A9(.
Babasabpatilfreepptmba.com ??
ANALYSIS OF WORKING CAPITAL MANAGEMENT
STATEMENT OF CHANGES IN WORKING CAPITAL
Particulars As At
31
st
March 2005
As At
31
st
March 2006
Effect on W.C
Increase Decrease
Current Assets:
+losin$ 2tock
Deposits (.ssets)
=oans 0 .dances (.ssets)
2undr# De"tors
+ash-in-hand
+ increases /s 6A,)9(.
o) Duties 0 ta!es decrease /s 89,A78.
p) 2undr# creditors increase /s )7, )6,?45.
Babasabpatilfreepptmba.com ?9
ANALYSIS OF WORKING CAPITAL MANAGEMENT
STATEMENT OF CHANGES IN WORKING CAPITAL
Particulars As At
31
st
March 2006
As At
31
st
March 2007
Effect on W.C
Increase Decrease
Current Assets:
+losin$ 2tock
Deposits (.ssets)
=oans 0 .dances (.ssets)
2undr# De"tors
+ash-in-hand
+ increases /s (?, 46,788.
w) Duties 0 ta!es increase /s 4, A(,?)(.
Babasabpatilfreepptmba.com 8(
ANALYSIS OF WORKING CAPITAL MANAGEMENT
!) 2undr# creditors increase /s 7, 8?,4A7.
STATEMENT OF CHANGES IN WORKING CAPITAL
Particulars As At
31
st
March 2007
As At
31
st
March 2008
Effect on W.C
Increase Decrease
Current Assets:
+losin$ 2tock
Deposits (.ssets)
=oans 0 .dances (.ssets)
2undr# De"tors
+ash-in-hand
+ decreases /s 45, (8,9(7.
ee) Duties 0 ta!es decrease /s 6, 6),586.
ff) 2undr# creditors decrease /s )8, 67,)98.
STATEMENT OF CHANGES IN WORKING CAPITAL
Particulars As At
31
st
March 2008
As At
31
st
March 2009
Effect on W.C
Increase Decrease
Current Assets:
+losin$ 2tock
Deposits (.ssets)
=oans 0 .dances (.ssets)
2undr# De"tors
+ash-in-hand
+ increases /s 77(6.
%%) Duties 0 ta!es decrease /s (6?565.
nn) 2undr# creditors increase /s )(565(?.
Babasabpatilfreepptmba.com 8A
ANALYSIS OF WORKING CAPITAL MANAGEMENT
FINDINGS
() ;n the +urrent /atio shows that in the #ear 4558-59 the =i1uidit# position of the Dharwad
Milk Union is less i.e (.6? co%pare to all fie #ears.
4) Luick ratio of the Dharwad Milk Union is increasin$ in the #ear 4558-59 to 5.9A co%pare
with 4556-57 (5.97.).
)) The ;nentor# Turnoer /atio of the Dharwad Milk Union is decreased "# A.54 in the
#ear 4556-57 co%pare to 4558-59 ratio i.e (8.7(. 0 in 455?-58 a$ain decreasin$ i.e 8.((
co%pared 4557-5A 0 455A-5? i.e 8.AA.
6) The Dharwad Milk Union has taken %ore da#s to conert the raw %aterials into finished
products i.e A( da#s in the #ear 4556-57.
7) De"tor&s turnoer ratio of Dharwad Mlk Union is decreases i.e 4A.77 in the #ear 4558-59
co%pared to 455A-5? i.e 64.A9 0 4556-57 i,e. )(.(5
Babasabpatilfreepptmba.com 8?
ANALYSIS OF WORKING CAPITAL MANAGEMENT
A) The De"tors collection period of Dharwad Milk Union is increasin$ i.e (6 da#s in the
#ear 4558-59 co%pare to the #ear 4556-57 i.e (4 da#s.
?) The +reditors Turnoer /atio of the Dharwad Milk Union is increasin$ to ?7.59. in the
#ear 455?-58 co%pare to 4556-57 ratio i.e )7.9).
8) +redit Pa#%ent Period of Dharwad Milk Union is also decreasin$ to 7 da#s in the recent
#ear co%pare to 4556-57 i.e (5 da#s.
9) *orkin$ +apital Turnoer /atio of the Dharwad Milk Union is increasin$ in the recent
#ear i.e 4).(8 co%pare to 4556-57 the ratio is (4.)7.
(5) The +urrent .ssets Turnoer /atio of Dharwad Milk Union is hi$h in the recent #ear i.e
?.97 co%pare to last four #ears.
(() The Dharwad Milk Union has taken %ore da#s to co%plete the Det Fperatin$ +#cle i.e
A) da#s in the #ear 4556-57.
.
(4) ;n the state%ent of chan$es in *orkin$ capital for the #ear 4556-57 0 4557-5A. The
workin$ capital decreasin$ /s 6, A(,)85 in the #ear 4557-5A.
()) ;n the state%ent of chan$es in *orkin$ capital for the #ear 4557-5A 0 455A-5?. The
workin$ capital is increasin$ /s ?7,(87 in the #ear 455A-5?.
(6) ;n the state%ent of chan$es in *orkin$ capital for the #ear 455A-5? 0 455?-58. The
workin$ capital is increasin$ /s (, )), 56,658 in the #ear 455?-58.
(7) ;n the state%ent of chan$es in *orkin$ capital for the #ear 455?-58 0 4558-59. The
workin$ capital is increasin$ /s (, 65,8?,9)( in the #ear 4558-59.
(A) The stud# is shows that the Dharwad Milk Union has not usin$ latest technolo$# 0 also
there is e!cess work force on so%e depart%ents than re1uired.
(?) The Dharwad Milk Union is not hain$ an# Freedo% in Marketin$ 0 Pro%otional
actiities, "ecause %ost of the decisions are taken "# K.M.F.
SUGGESTION
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ANALYSIS OF WORKING CAPITAL MANAGEMENT
() ;t is su$$ested that the D.M.U has to reduce ;nentor# and increases inest%ent in the
for% of 1uick assets, so that it can %aintain $ood li1uidit# position.
4) ;n the recent #ears, the de"t turnoer ratio of D.M.U is decreases so, it is su$$ested to
increases the de"t turnoer it help to %aintain the de"t collection.
)) ;n the recent #ears, the de"ts collection period of D.M.U is increasin$, 2o it is adised
to D.M.U to reduce the collection period, so that it can %aintain sufficient li1uid
workin$ capital.
6) The stud# of ;nentor# utili'ation ratio of D.M.U not properl# utili'ed their inentor#. ;t
is adised to adopt scientific inentor# %ana$e%ent to i%proe ,workin$ capital-.
7) The workin$ capital turnoer ratio in decreasin$ trend in the recent #ear, it is su$$ested
to D.M.U to increase workin$ capital turnoer ratio, so that it can %aintain a sufficient
workin$ capital.
A) ;t is su$$ested that D.M.U reduce its operatin$ c#cle, so that it can %aintain sufficient
workin$ capital in the li1uid for%.
?) The current assets turnoer ratio is in the recent #ear, it is su$$ested to D.M.U increase
current assets turnoer, so that it can $enerate %ore reenue "# inestin$ in the current
assets.
8) ;t is su$$ested that D.M.U should reduce the ti%e len$th of Det operatin$ c#cle "#
takin$ appropriate %easures.
9) D.M.U should hae to appoint skilled and 1ualified e%plo#ees and also new technolo$#
in %achineries. ;t increases efficienc# and 1ualit# of the fir%.
(5) D.M.U should hae to co%puteri'e all the depart%ents in order to increase efficienc#
and productiit# of e%plo#ees.
(() D.M.U should hae take sales pro%otion %easures like free ho%e delier# to ur"an
consu%ers. This help to increase the %arket share throu$h increase sales.
CONCLUSION
The stud# of ,*orkin$ +apital Mana$e%ent- in the D.M.U is satisfactor#. ; $ot %ore
infor%ation on workin$ capital %ana$e%ent of the D.M.U, it is %ore helpful to %# stud#.
Babasabpatilfreepptmba.com 89
ANALYSIS OF WORKING CAPITAL MANAGEMENT
The stud# of last fie #ears li1uidit# position of the co%pan# is "etter. ;n last fie #ears
co%pan# is facin$ seeral pro"le%s in finance 0 Marketin$ pro%otional actiities. D.M.U
has suffered losses due to financial pro"le%s 0 less 1uantit# of %ilk suppl# in the preious
#ears "ut in the recent #ear it is "etter position. ;t shows that D.M.U is i%proin$ its financial
conditions 0 also utili'in$ its assets 0 resources properl#. ;f D.M.U continues the sa%e
perfor%ance as in the current financial #ear, it can earn %ore profits.
Babasabpatilfreepptmba.com 95
ANALYSIS OF WORKING CAPITAL MANAGEMENT
BIBLIOGRAPHY
? I.M. Pandey E Financial Mana$e%ent. Hikas Pu"lishin$ Couse Pt. =td.
? M.Y. Khan and P. K. 1ain E Financial Mana$e%ent. Tata Mc$raw ECill
pu"lishin$ co%pan# =td. Dew Delhi.
? Prasanna Chandra - Funda%entals of Financial Mana$e%ent. Tata Mc$raw Cill
Pu"lishin$ +o%pan# =td. Dew Delhi.
? Web Site:. www.KMF Dandini.co%
Babasabpatilfreepptmba.com 9(
ANALYSIS OF WORKING CAPITAL MANAGEMENT
Babasabpatilfreepptmba.com 94
ANALYSIS OF WORKING CAPITAL MANAGEMENT
BALANCESHEET FOR THE YEAR ENDING
(2004-05)
Liabilities Amount Amount Assets Amount Amount
Babasabpatilfreepptmba.com 9)
ANALYSIS OF WORKING CAPITAL MANAGEMENT
Capital Accounts
/eseres 0 2urplus
2hare +apital-. +lass
2hare +apital-< +lass
2hare 2uspense
Loans (Liability)
2ecured =oans
Current Liabilities
B/.DT2
F.2.=
Fther =ia"ilities
2alar# /ecoeries
2ecurit# Deposit .>+
Unpaid 2alar#>*a$es
.>+
Duties 0 Ta!es
2undr# +reditors
6,95,5?,)7A
(,6(,84,)86
4,55,55,555
),(8,465
((,4?,(9,7((
4),A?,9(?
6A,8?,45)
87,54,899
(7,79,?4A
A6,A6,(?A
4,A9,6?(
),68,6)?
86,74,6((
8,35,07,980
11,27,19,511
3,26,52,240
Fixed Assets
F;TGD .22GT2
Investments
;DHG2TMGDT2
Current Assets
+losin$ 2tock
Deposits (.sset)
=oans 0 .dances
( .sset)
2undr# De"tors
+ash-in-hand
EXECUTIVE SUMMARY
Background of the Company:
This Project is carried out in Dharwad Milk Union, which is a part of Karnataka
Milk Federation (KMF). KMF is a co-operatie ape! "od# in the state of Karnataka
representin$ dair# far%er&s or$ani'ation and also i%ple%entin$ dair# deelop%ent
Karnataka actiities to achiee the dair# o"jectie. KMF has () %ilk unions and
Dharwad Milk Union is one a%on$ () unions. The project helps to stud# the practice in
*orkin$ +apital in DMU, in the past fie #ears and to calculate finance %ana$e%ent
perfor%ance in the past fie #ears.
TITLE OF THE PRO1ECT:
~ANALYSIS OF WORKING CAPITAL MANAGEMENT¨ at Dharwad
Milk Union Ltd, Dharwad
Objectives of the Study
? To study the management of inventories, account receivables and cash in the
firm.
? To study the liquidity position of the firm .
? To Comparison of present and last four years Working capital.
? To know the current position Conclusion of the company.
Statement of the Problem:
The stud# has "een taken in the or$ani'ation for the purpose to know the
,*orkin$ +apital Mana$e%ent- of the co%pan# for fie #ears.
Design of the Study:
The stud# is conducted at Dharwad Milk Union. The stud# was a"out the stud#in$
the co%pan# profile, .nnual /eports of last fie #ears of the fir% 0 operatin$ c#cle,
Need for the Study:
This stud# is undertaken to know the present li1uidit# position of the Dharwad
Milk Union, Dharwad. This project will throw li$ht on fir%s co%petitieness with other
fir%s and it also throw li$ht on the financial position and ade1uate workin$ capital,
which the fir% possesses. This stud# carried out to know whether DMU has properl#
Babasabpatilfreepptmba.com (
ANALYSIS OF WORKING CAPITAL MANAGEMENT
utili'ed its resources and assets are not and also ascertain the li1uidit# position of the
fir%.
Data Collection:
The present stud# is carried out workin$ capital position of the Dharwad Milk
Union, which atte%pts to anal#'e and interpretation "# usin$ ratio anal#sis techni1ue 0
concepts of workin$ capital. Ta"ular for%ats are also used whereer necessar# to show
the data calculations with necessar# theoretical e!planations.
Sources of Data:
2ources of data are can "e classified into two cate$ories3
(. Pri%ar# Data
4. 2econdar# Data
Primary Data3
The infor%ation is collected fro% the personal interaction with the
financial %ana$ers of DMU.
Secondary Data3
This is "een is collected throu$h DMU .nnual /eports of last fie
#ears i.e. 4556-57 to 4558-59 0 also throu$h:
(. ;nfor%ation for% the internet sources
4. ;nfor%ation fro% the %aterials proided "# the concern %a$a'ine,
newspapers + increases /s 9, A7,AA?.
f) The Unpaid salar# .>+ decreases /s A, 96,?A7.
$) Duties 0 ta!es increase /s 9, 5A,6(8.
h) 2undr# creditors decrease /s )8, 44,A9(.
Babasabpatilfreepptmba.com ??
ANALYSIS OF WORKING CAPITAL MANAGEMENT
STATEMENT OF CHANGES IN WORKING CAPITAL
Particulars As At
31
st
March 2005
As At
31
st
March 2006
Effect on W.C
Increase Decrease
Current Assets:
+losin$ 2tock
Deposits (.ssets)
=oans 0 .dances (.ssets)
2undr# De"tors
+ash-in-hand
+ increases /s 6A,)9(.
o) Duties 0 ta!es decrease /s 89,A78.
p) 2undr# creditors increase /s )7, )6,?45.
Babasabpatilfreepptmba.com ?9
ANALYSIS OF WORKING CAPITAL MANAGEMENT
STATEMENT OF CHANGES IN WORKING CAPITAL
Particulars As At
31
st
March 2006
As At
31
st
March 2007
Effect on W.C
Increase Decrease
Current Assets:
+losin$ 2tock
Deposits (.ssets)
=oans 0 .dances (.ssets)
2undr# De"tors
+ash-in-hand
+ increases /s (?, 46,788.
w) Duties 0 ta!es increase /s 4, A(,?)(.
Babasabpatilfreepptmba.com 8(
ANALYSIS OF WORKING CAPITAL MANAGEMENT
!) 2undr# creditors increase /s 7, 8?,4A7.
STATEMENT OF CHANGES IN WORKING CAPITAL
Particulars As At
31
st
March 2007
As At
31
st
March 2008
Effect on W.C
Increase Decrease
Current Assets:
+losin$ 2tock
Deposits (.ssets)
=oans 0 .dances (.ssets)
2undr# De"tors
+ash-in-hand
+ decreases /s 45, (8,9(7.
ee) Duties 0 ta!es decrease /s 6, 6),586.
ff) 2undr# creditors decrease /s )8, 67,)98.
STATEMENT OF CHANGES IN WORKING CAPITAL
Particulars As At
31
st
March 2008
As At
31
st
March 2009
Effect on W.C
Increase Decrease
Current Assets:
+losin$ 2tock
Deposits (.ssets)
=oans 0 .dances (.ssets)
2undr# De"tors
+ash-in-hand
+ increases /s 77(6.
%%) Duties 0 ta!es decrease /s (6?565.
nn) 2undr# creditors increase /s )(565(?.
Babasabpatilfreepptmba.com 8A
ANALYSIS OF WORKING CAPITAL MANAGEMENT
FINDINGS
() ;n the +urrent /atio shows that in the #ear 4558-59 the =i1uidit# position of the Dharwad
Milk Union is less i.e (.6? co%pare to all fie #ears.
4) Luick ratio of the Dharwad Milk Union is increasin$ in the #ear 4558-59 to 5.9A co%pare
with 4556-57 (5.97.).
)) The ;nentor# Turnoer /atio of the Dharwad Milk Union is decreased "# A.54 in the
#ear 4556-57 co%pare to 4558-59 ratio i.e (8.7(. 0 in 455?-58 a$ain decreasin$ i.e 8.((
co%pared 4557-5A 0 455A-5? i.e 8.AA.
6) The Dharwad Milk Union has taken %ore da#s to conert the raw %aterials into finished
products i.e A( da#s in the #ear 4556-57.
7) De"tor&s turnoer ratio of Dharwad Mlk Union is decreases i.e 4A.77 in the #ear 4558-59
co%pared to 455A-5? i.e 64.A9 0 4556-57 i,e. )(.(5
Babasabpatilfreepptmba.com 8?
ANALYSIS OF WORKING CAPITAL MANAGEMENT
A) The De"tors collection period of Dharwad Milk Union is increasin$ i.e (6 da#s in the
#ear 4558-59 co%pare to the #ear 4556-57 i.e (4 da#s.
?) The +reditors Turnoer /atio of the Dharwad Milk Union is increasin$ to ?7.59. in the
#ear 455?-58 co%pare to 4556-57 ratio i.e )7.9).
8) +redit Pa#%ent Period of Dharwad Milk Union is also decreasin$ to 7 da#s in the recent
#ear co%pare to 4556-57 i.e (5 da#s.
9) *orkin$ +apital Turnoer /atio of the Dharwad Milk Union is increasin$ in the recent
#ear i.e 4).(8 co%pare to 4556-57 the ratio is (4.)7.
(5) The +urrent .ssets Turnoer /atio of Dharwad Milk Union is hi$h in the recent #ear i.e
?.97 co%pare to last four #ears.
(() The Dharwad Milk Union has taken %ore da#s to co%plete the Det Fperatin$ +#cle i.e
A) da#s in the #ear 4556-57.
.
(4) ;n the state%ent of chan$es in *orkin$ capital for the #ear 4556-57 0 4557-5A. The
workin$ capital decreasin$ /s 6, A(,)85 in the #ear 4557-5A.
()) ;n the state%ent of chan$es in *orkin$ capital for the #ear 4557-5A 0 455A-5?. The
workin$ capital is increasin$ /s ?7,(87 in the #ear 455A-5?.
(6) ;n the state%ent of chan$es in *orkin$ capital for the #ear 455A-5? 0 455?-58. The
workin$ capital is increasin$ /s (, )), 56,658 in the #ear 455?-58.
(7) ;n the state%ent of chan$es in *orkin$ capital for the #ear 455?-58 0 4558-59. The
workin$ capital is increasin$ /s (, 65,8?,9)( in the #ear 4558-59.
(A) The stud# is shows that the Dharwad Milk Union has not usin$ latest technolo$# 0 also
there is e!cess work force on so%e depart%ents than re1uired.
(?) The Dharwad Milk Union is not hain$ an# Freedo% in Marketin$ 0 Pro%otional
actiities, "ecause %ost of the decisions are taken "# K.M.F.
SUGGESTION
Babasabpatilfreepptmba.com 88
ANALYSIS OF WORKING CAPITAL MANAGEMENT
() ;t is su$$ested that the D.M.U has to reduce ;nentor# and increases inest%ent in the
for% of 1uick assets, so that it can %aintain $ood li1uidit# position.
4) ;n the recent #ears, the de"t turnoer ratio of D.M.U is decreases so, it is su$$ested to
increases the de"t turnoer it help to %aintain the de"t collection.
)) ;n the recent #ears, the de"ts collection period of D.M.U is increasin$, 2o it is adised
to D.M.U to reduce the collection period, so that it can %aintain sufficient li1uid
workin$ capital.
6) The stud# of ;nentor# utili'ation ratio of D.M.U not properl# utili'ed their inentor#. ;t
is adised to adopt scientific inentor# %ana$e%ent to i%proe ,workin$ capital-.
7) The workin$ capital turnoer ratio in decreasin$ trend in the recent #ear, it is su$$ested
to D.M.U to increase workin$ capital turnoer ratio, so that it can %aintain a sufficient
workin$ capital.
A) ;t is su$$ested that D.M.U reduce its operatin$ c#cle, so that it can %aintain sufficient
workin$ capital in the li1uid for%.
?) The current assets turnoer ratio is in the recent #ear, it is su$$ested to D.M.U increase
current assets turnoer, so that it can $enerate %ore reenue "# inestin$ in the current
assets.
8) ;t is su$$ested that D.M.U should reduce the ti%e len$th of Det operatin$ c#cle "#
takin$ appropriate %easures.
9) D.M.U should hae to appoint skilled and 1ualified e%plo#ees and also new technolo$#
in %achineries. ;t increases efficienc# and 1ualit# of the fir%.
(5) D.M.U should hae to co%puteri'e all the depart%ents in order to increase efficienc#
and productiit# of e%plo#ees.
(() D.M.U should hae take sales pro%otion %easures like free ho%e delier# to ur"an
consu%ers. This help to increase the %arket share throu$h increase sales.
CONCLUSION
The stud# of ,*orkin$ +apital Mana$e%ent- in the D.M.U is satisfactor#. ; $ot %ore
infor%ation on workin$ capital %ana$e%ent of the D.M.U, it is %ore helpful to %# stud#.
Babasabpatilfreepptmba.com 89
ANALYSIS OF WORKING CAPITAL MANAGEMENT
The stud# of last fie #ears li1uidit# position of the co%pan# is "etter. ;n last fie #ears
co%pan# is facin$ seeral pro"le%s in finance 0 Marketin$ pro%otional actiities. D.M.U
has suffered losses due to financial pro"le%s 0 less 1uantit# of %ilk suppl# in the preious
#ears "ut in the recent #ear it is "etter position. ;t shows that D.M.U is i%proin$ its financial
conditions 0 also utili'in$ its assets 0 resources properl#. ;f D.M.U continues the sa%e
perfor%ance as in the current financial #ear, it can earn %ore profits.
Babasabpatilfreepptmba.com 95
ANALYSIS OF WORKING CAPITAL MANAGEMENT
BIBLIOGRAPHY
? I.M. Pandey E Financial Mana$e%ent. Hikas Pu"lishin$ Couse Pt. =td.
? M.Y. Khan and P. K. 1ain E Financial Mana$e%ent. Tata Mc$raw ECill
pu"lishin$ co%pan# =td. Dew Delhi.
? Prasanna Chandra - Funda%entals of Financial Mana$e%ent. Tata Mc$raw Cill
Pu"lishin$ +o%pan# =td. Dew Delhi.
? Web Site:. www.KMF Dandini.co%
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ANALYSIS OF WORKING CAPITAL MANAGEMENT
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ANALYSIS OF WORKING CAPITAL MANAGEMENT
BALANCESHEET FOR THE YEAR ENDING
(2004-05)
Liabilities Amount Amount Assets Amount Amount
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ANALYSIS OF WORKING CAPITAL MANAGEMENT
Capital Accounts
/eseres 0 2urplus
2hare +apital-. +lass
2hare +apital-< +lass
2hare 2uspense
Loans (Liability)
2ecured =oans
Current Liabilities
B/.DT2
F.2.=
Fther =ia"ilities
2alar# /ecoeries
2ecurit# Deposit .>+
Unpaid 2alar#>*a$es
.>+
Duties 0 Ta!es
2undr# +reditors
6,95,5?,)7A
(,6(,84,)86
4,55,55,555
),(8,465
((,4?,(9,7((
4),A?,9(?
6A,8?,45)
87,54,899
(7,79,?4A
A6,A6,(?A
4,A9,6?(
),68,6)?
86,74,6((
8,35,07,980
11,27,19,511
3,26,52,240
Fixed Assets
F;TGD .22GT2
Investments
;DHG2TMGDT2
Current Assets
+losin$ 2tock
Deposits (.sset)
=oans 0 .dances
( .sset)
2undr# De"tors
+ash-in-hand