Download Kmf project PDF

TitleKmf project
TagsDairy Balance Sheet Income Statement Expense Dairy Farming
File Size972.9 KB
Total Pages90
Table of Contents
                            A taste of purity. Nandini Ghee, made from pure butter. It is fresh and pure with a delicious flavour. Hygienically manufactured and packed in a special pack to retain the goodness of pure ghee.  Shelf life of 6 months at ambient temperatures. Available in 200ml, 500ml, 1000ml sachets & 15.0 kg tins.
Nandini spiced Butter Milk is a refreshing health drink. It is made from quality curds and is blended with fresh green chillies, green coriander leaves, asafoetida and fresh ginger. Nandini spiced butter promotes health and easy digestion. It is available in 200ml packs and is priced at most competitive rates, so that it is affordable to all sections of people.
No matter what you are celebrating! Made from pure milk, Nandini Peda is a delicious treat for the family. Store at room temperature approximately 7 days. Available in 250gms pack containing 10 pieces each.
	Employment opportunities
	Latest developments
OBJECTIVES
	BACKGROUND
	ORGANISATION STATUS
	MILK PROCUREMENT
	LIQUID MILK MARKETING
	nandini Peda
		FINANCE:
			
		ANIMAL HEALTH AND OTHER ACTIVITIES
		ANIMAL HEALTH
		ARTIFICIAL INSEMINATION
			Particulars
			No. of Single AI Centers
			No. of AI Done Single
			No. of Cluster AI Centers
			No. of AI Done Clusters
			Total AI Done
		CATTLE FEED & FODDER DEVELOPMNET
			Particulars
			CF Sales (in MT’s)
		IN THIS MILLENNIUM:
                        
Document Text Contents
Page 1

A study on Profitability and Financial status on BAMUL

1. INTRODUCTION

Accounting is the process of identifying, measuring and communicating

economic information to permit summarizing various business transactions. The

end products of business transactions are the financial statements comprising

primarily the position statement or the balance sheet and the income statement or

the profit and loss account. These statements are the outcome of summarizing

process of accounting and are; therefore the sources of information on the basis of

which conclusions are drawn about the profitability and the financial position of a

concern. Financial statements are the basis for decision making by the management

as well as all other outsiders who are interested in the affairs of the firm such as

investors, government and the general public. The analysis and interpretation of

financial statements depend upon the nature and type of information available in

these statements.

Meaning of financial statements

A financial statement is a collection of data organized according to logical and

consistent according procedures. It may show a position at a moment in time, as in

the case of a balance sheet, or may reveal a series of activities over a given period

of time, as in the case of an income statement.

Financial statements are the outcome of summarizing process of accounting. In

the words of John N. Myer, “The financial statement provide a summary of the

accounts of a business enterprise the balance sheet reflecting the assets, liabilities

Vijaya college, R.V road Bangalore Page 1

Page 2

A study on Profitability and Financial status on BAMUL

and capital as on a certain date and the income statement showing the results of

operations during a certain period".

These statements are used to convey to management and other interested outsiders

the profitability and financial position of a firm.

OBJECTIVES OF FINANCIAL STATEMENTS

 To provide reliable financial information about economic resources and

obligations of a business firm.

 To provide other needed information about changes in such economic

resources and obligations.

 To provide reliable information about changes in net resources (resources

less obligations) arising out of business activities.

 To provide financial information that assists in estimating the earning

potential of business.

 To disclose to the extent possible, other information related to the financial

statement i.e. relevant to the need of the users of these statements.

Vijaya college, R.V road Bangalore Page 2

Page 45

A study on Profitability and Financial status on BAMUL

CATTLE FEED & FODDER DEVELOPMNET

The Union is implementing several programs to increase milk production and also

to reduce the cost of milk production in the milk shed area. Balanced cattle feed is

being procured from the Cattle Feed Plants of KMF for distribution among

member producers.

Fodder seeds are distributed to member producers at subsidized rates. In addition

to this, technical advice, Silage Demonstrations, Azzolla Demonstrations and

Straw Treatment Demonstrations are also being conducted at DCS level. Chaff

Cutters are supplied at subsidized rates

Cattle Feed Sales:

Particulars 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13

CF Sales (in

MT’s)
33359 37691 40529 45233 45870 24809

A Seed Processing plant was commissioned at Rajankunte by investing Rs. 41

lakhs. The Union is catering to the Seed production needs of many Unions in

Karnataka and also of Southern India.

Vijaya college, R.V road Bangalore Page 45

Page 46

A study on Profitability and Financial status on BAMUL

YASHASVINI HEALTH INSURANCE:

Yashasvini Health Insurance Scheme was muted by Government of Karnataka

during the year 2001-02. This scheme was implemented by Coperative

department, Members of Co-operative Societies and their family members are the

beneficiaries of this scheme. The annual premium is Rs. 120/- per beneficiary.

All major hospitals are adopted for this scheme, all types of surgery will be

covered under this health scheme. Bangalore Milk union has covered 1.50 Lakh

beneficiaries under this scheme by contributing Rs 30/- towards premium per

beneficiary.

CATTLE INSURANCE:

Bangalore Milk Union is providing Insurance Coverage to the Dairy animals in

collaboration with United India Insurance Ltd., 40,238 animals are covered under

this Insurance. The annual premium is 2.22% of the value of the animal. 50% of

the annual premium of Rs. 122.99 Lakh was borne by bamul.

IN THIS MILLENNIUM:

We want to become not only the largest Union, but also become one amongst the

best-run milk unions in the country. The Union is aware of the challenges of the

new private entrants, who are mainly thriving on unfair trade practices. They

procure milk at least cost, without bothering about 1the welfare of the producers

and without extending any technical inputs for improving milk production. They

market milk by resorting to unhealthy and unethical practices deceiving the

unsuspecting consumers. The Union wants to counter this in a positive manner by

Vijaya college, R.V road Bangalore Page 46

Page 89

A study on Profitability and Financial status on BAMUL

8. BIBLIOGRAPHY

COST AND FINANCIAL ANALYSIS:

S.P.JAIN

K.L.NARANG

JAWAHAR LAL



MANAGEMENT ACCOUNTING:

M.N.ARORA

I.M.PANDEY

SHASHI K.GUPTA

R.K.SHARMA

ANNUAL REPORT:

The Bangalore Urban & Rural District Milk Producers Co-Operative Societies
Union Limited (Bamul)

WEBSITE:

www.accountingformanagement.org

www.investopedia.com

www.wikipedia.org

www.indianmirror.com

Vijaya college, R.V road Bangalore Page 89

http://www.indianmirror.com/
http://www.wikipedia.org/
http://www.investopedia.com/

Page 90

A study on Profitability and Financial status on BAMUL

Vijaya college, R.V road Bangalore Page 90

Similer Documents