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Click ‘Get Form’ to open the nfcc computation example in the editor.
Begin by entering the year in the designated field at the top of section A. This is crucial for accurate financial reporting.
Fill in the total assets and current assets in their respective fields. Ensure that these figures are derived from your attached income tax return and audited financial statement.
Next, input total liabilities and current liabilities. These should also be taken from your financial documents to maintain consistency.
Calculate your net worth by subtracting total liabilities from total assets, and enter this value in the net worth field.
For net working capital, subtract current liabilities from current assets and record this figure accordingly.
Proceed to calculate NFCC using the formula provided. Input K based on your contract duration and ensure all outstanding works are accounted for.
Finally, complete the bank information section if applicable, including name and amount for credit line commitments or cash deposits.
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