Master Budget: Project report On Master Budget Of Salt Trading Corporation Limited

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1 | P a g e
Project report
On
Master Budget
Of
Salt Trading Corporation Limited
Submitted by: Urusha Shrestha
Pranaya Rajbhandari
MBA evening
Trimester 4
Section A
Submitted to: Mr. Nabaraj Adhikari
Submitted on: 02-Jul-17
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Table of content
S.N
Contents
Page no.
1
Introduction
3
1.1
Salt Trading Corporation Limited
4
1.2
Budgeting
4
1.3
Master Budget
5
2
Financial Analysis
6
2.1
Merchandise Purchase Budget
8
2.2
Cash Budget
9
2.3
Budgeted Income Statement
10
2.4
Budgeted Balance Sheet
11
3
Conclusion
12
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1. Introduction
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1.1 Salt Trading Corporation Limited
Salt Trading Corporation (STC) Limited is one of the largest business organization in Nepal
established as the first Public Private Partnership (PPP) of Government of Nepal. Established over
five decades back (13th September 1963), the corporation was launched with the objective to
avail iodized common salt, as salt is not produced in Nepal and depends on import from India, for
all citizens of the country. In its long run of dedicated service to the nation, STC has contributed
to ensure proper supply and distribution of essential daily consumable goods, erode black-
marketing by regulating market and artificial scarcity and industrial development in Nepal.
With equity share ratio comprising of 79:21 of investment from private: public, STC is managed
by the joint effort of state (Government) and private (shareholders). In its business journey, Salt
Trading Corporation is a brilliant example of success that provides its services through 93 offices
(22 Offices and 71 liaison offices) that its customers include the whole population of the country.
With about 400 staff, STC has provided business opportunities for over 1000 workers and laborers
and its distribution network comprises but not limited to all major towns in Nepal.
Salt Trading Corporation Limited makes all efforts to provide goods and services to the common
people that have made STC a major catalyst in bringing about the desired economic changes and
growth in Nepal. The corporation not only focuses on providing its goods and services to urban
people residing in towns and metropolis, it also reaches out to the poor and needy people of
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