copy of pwm sunil and nishi gupta(2)

8/8/2019 Copy of PWM Sunil and Nishi Gupta(2)

1/13

Sunil and Nishi Gupta

Personal Wealth Statement

March 31, 2010

Assets Rs. Rs. Percent

Liquid Assets

Savings A/C Balance 19,400 0.37

Cash in hand 3,400 0.07

Money Market Mutual Fund Balan 100,000 1.93

Cash Value of Life Insurance 0

Total Liquid Assets 122,800

Real Estate

Current Value of House 3,920,000 3,920,000 75.69

Personal Possessions

Car 280,000 5.41

Household Furnishings 180,000 3.48

Cable TV 19,200 0.37

Jewellery 80,000 1.54

Total Household Assets 559,200

Investment Assets

Paid up Value of Life Insurance Policy

Equity 300,000 5.79

Retirement Accounts 277,000 5.35

Long term Investment

Total Investment Accounts 577,000 11.14

Total Assets 5,179,000 100.00

Liabilities

Current Liabilities

Travel and entertainment card ba 80,000 1.54

Credit Card Balance 115,400 2.23

Total Current Liabilities 195,400

Long-Term Liabilities

Balance due on Car loan 106,000 2.05

Home loan 3,477,600 67.15

Total Long-Term Liabilites 3,583,600

Net Worth 1,400,000 1,400,000 27.03

Total Liabilities 5,179,000 100.00


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Projections for the next years

March 31, 2011

Rs. Percent

57,144 0.96 107144

50,000 0.84kept in hand because hospital expense may

100,000 1.68bought 1 lakh from cash surplus

0 nil as after 3 yrs

207,144 3.49

0.00

4,312,000 72.6010% value appreciates

0.00

252,000 4.24 depreciate by 10 %

212,000 3.57 depreciate by 10 %

19,200 0.32 same

assume to be 80,000 1.35 same

563,200 9.48

0.00

30000 0.51

300,000 5.05 investment of extra 1 lakh and 2 lakh of pre

327,000 5.51 increase by 50000

200,000 3.37 increased fixed deposit by 1 lakh and last ye

857,000 14.43

5,939,344 100.00

0.00 reduced to nil by paying off from savings

0 0.00reduced to nil by paying off from money ma

0 0.00

0.00

20,000 0.34

3402400 57.29

3,422,400 57.62

2,516,944 42.38

0.00

5,939,344 100.00


3/13

be needed emergency

ious year

ar 1 lakh

ket fund


4/13

Sunil and Nishi Gupta

Cash Flow Statement for the year e

Income (Cash Inflows) Rs. Rs.

Salary 2490000

Less:

Income Tax 493000

Social Security 215000

Total Deductions 708000

Take-Home pay 1782000

Interest earned on Savings 5000

Income from Investments 54000

Income from Investments: Equity@16% 48000

Income from fixed deposits @9% -

Income from money market @6% 6000

Total Income 1841000 1841000

Cash Outflows

Fixed Expenses

Home loan payment 376,000

Home insurance premium 32,000

Car insurance premium 16,000

Car loan payment 86,000

Medical insurance premium

Life Insurance Premium 0

Total Fixed Outflows 510,000 510000

Variable Expenses

Food and Clothing 260,000

Utilities 79,600

Telephone 25,600

Medical Expenses 24,000

Transportation 112,000

Trip to US and Canada 200,000

Recreation and Entertainment 160,000

Cable TV 19,200

Household Furnishings

Miscellaneous Payments 107,800

Total Variable Outflows 988,200

Total Outflows 1,498,200

Cash Surplus + (or deficit - ) 342,800

Allocation of Surplus

Emergency Fund Savings

Cash and Bank Balance 22800

Savings for short-term / Intermediate financial goals

Investment in Equity Shares 300,000

Addition to Mutual Fund 20,000Savings / investing for long-term financial security


5/13

here of 2011 surplus 1 lakh to be used to pay of card balance


6/13

Projection for the next ye

nded March 31, 2010

March 31, 2011

Percent Rs. Percent

2181000 15 % increase

350000

200000

550000

100.00 1631000 100

0.28 5000 0.31

3.03 total 41000 2.51

2.69 3 lakh equity 32000 1.96 2 lakh in equit

9000 0.55 1 lakh in fixed

0.34 1 lakh money 0 0.00 money marke

103.31 1677000 102.82

21.10 376,000 23.05

1.80 32,000 1.96

0.90 16,000 0.98

4.83 86,000 5.27

6,000 0.37

0.00 none 30,000 1.84 assume lic pre

28.62 546,000 33.48

0.00 Though it ma

14.59 240000 14.71 cut down by 6

4.47 63176 3.87 cut down by 2

1.44 27136 1.66 increase by 6

1.35 50440 3.09 normal 6% inc

6.29 83104 5.10 normal 6 % in

11.22 - cancelled

8.98 80000 4.90 cut down to h

1.08 0.00

50,000 3.07 household bu

6.05 assume to be t 80,000 4.90

55.45 623,856 38.25

84.07 1,169,856 71.73

0.00

19.24 507,144 31.09

0.00

0.00

1.28 107,144 6.57

0.00 0.00

16.84 100000 6.13

1.12 100,000 6.130.00 100,000 6.13


7/13


8/13

r

for sunil and 6 months salary for nishi

y

fund of 1 lakh paid to pay credit card balance

mium

increase due to inflation we have to cut all expenses down

0000 and increase of 20%

0000 and increase of 6%

%

rease and 25000 for hospital charges

crease but as nishi not so cut down by 30 %

lf

for kid

Err:509


9/13


10/13

RATIOS

Debt Ratio = Liabilities / Net Worth

Debt Ratio = (Current Liabilities + Long term Liabilities) / Net Worth

Debt Ratio

Current Ratio= Liquid Assets / Current Liabilities

Current Ratio

Liquidity Ratio = Liquid Assets / Expenses (also known as basic solvency ratio)

or Liquid Assets / Net Worth

Liquidity Ratio (in months)

Debt Payments Ratio = Credit Payments / Take-Home Pay

or Debt to Income Ratio

Debt Payments Ratio (in %)

Savings Ratio = Amount Saved / Gross Income

Savings Ratio (in %)

Debt to Assets Ratio = Total Liabilities / Total Assets

Debt to Assets Ratio

Solvency Ratio = Total Net Worth / Total Assets

Solvency Ratio (in %)


11/13

FY 2009 FY 2010 FY 2011

2.70 1.65 1.34

0.63 2.86 1.89

8.77 12.80 7.09

25.93 28.33 30.70

22.40 25.74 15.62

0.73 0.62 0.57

27.03 37.73 42.76


12/13

ANNUAL BUDGET

Budgeted Amounts

Rs. Percent

Projected Inflows

Salary 1,782,000

Interest on Savings 5,000

Income from Investments 40,000

Total Inflows 1,827,000 100

Projected Outflows

Emergency Fund and Savings:

Emergency Fund Savings 70,000 3.83

Investment in Equity Shares 300,000 16.42

Addition to Mutual Fund 29,800 1.63

Savings for risk cover 100,000 5.47

Total Savings 499800 27.36

Home loan payment 376,000 20.58

Home insurance premium 32,000 1.75

Car insurance premium 16,000 0.88

Car loan payment 86,000 4.71

Total Fixed Expenses 510,000 27.91

Food and Clothing 200,000 10.95

Utilities 79,600 4.36

Telephone 25,600 1.40

Medical Expenses 24,000 1.31

Transportation 84,000 4.60

Trip to US and Canada 200,000 10.95

Recreation and Entertainment 120,000 6.57

Miscellaneous Payments 84,000 4.60

Total Variable Outflows 817,200 44.73

Total Outflows 1,827,000 100


13/13

Actual Variance

Amounts

Rs.

1,782,000

5,000

40,000

1,827,000

22800 47,200

300,000 0

20,000 9,800

0 100,000

342800 157000

376,000 0

32,000 0

16,000 0

86,000 0

510,000 0

260,000 -60,000

79,600 0

25,600 0

24,000 0

112,000 -28,000

200,000 0

160,000 -40,000

113,000 -29,000

974,200 -157,000

1,984,000 157,000

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