Fwd: Reinvestment details

[Abhishek Iyer]

---------- Forwarded message ----------
From: Abhishek Iyer <aw.ab...@gmail.com>
Date: Sun, Apr 1, 2012 at 4:26 AM
Subject: Reinvestment details
To: "ghanahsham.manakikar" <Ghanahsham...@sodexo.com>

Hello sir, 

I’m giving the breakdown of all the reinvestments the current system makes. These profits are ploughed back into the mess basic of each student, thus bringing it down to the amount it stands at today. 

Milk, chicken and meat- Rs. 4,30,064 This explanation is slightly convoluted, something to discuss tomorrow if necessary. 

Special kitchen (sweet kitchen) - Rs. 50,000 Because items are sold at more than the cost price to BITS messes. And when purchases are made from non-BITS avenues, the disparity between selling price and cost price is greater. As an example, if a sweet is made at Rs. 5 per piece; it is given for Rs. 5.5 to BITS and Rs. 6 to external avenues.  

Bakery- Rs. 50,000 The same applies here. 

ANC- Rs. 1,50,000 Before price revisions, there were generally sales to the tune of Rs. 16,00,000 per month from ANC. Calculating a profit of 10%, this translates into a plough-back as given. 

Rice extras (Egg, Veg, other assorted items) – Rs. 3,00,000 

Paneer extras and other vegetables- Rs. 1,35,000  

I hope this makes things somewhat clear. 

Regards,

Abhishek Iyer