FAB SHOP DIVISION

PROJECT EXPENSES REPORT

FARABI VESSEL FABRICATION
GSCC PROJECT No. FAB/17/18

A Expenses BUDGET ACTUAL SPENT DIFFERENCES REMARKS

Indirect Expenses
1 Crane charges 4,000.00 2,500.00 1,500.00
2 Documentation cost, Packing & Forwarding 700.00 700.00 -
3 Transportation cost (Trailer) 1,300.00 1,300.00 -
Total Indirect Expenses(A) 6,000.00 4,500.00 1,500.00
B Material / Purchase
1 Steel Material, Nozzles, Fastners & Gaskets 33,000.00 38,975.87 (5,975.87)
2 Electrodes 2,000.00 2,064.00 (64.00)
3 Gases, Grinding & cutting disc etc 600.00 1,254.00 (654.00)
4 Garnet & Painting 3,000.00 9,187.50 (6,187.50)
Total Expenses(B) 38,600.00 51,481.37 (12,881.37)
C Sub Contract Expenses
1 Hydro test - Water 1,320.00 240.00 1,080.00
2 NDT 9,300.00 11,959.00 (2,659.00)
3 Nitrogen filling 600.00 - 600.00
4 Calibration & other 1,500.00 2,404.00 (904.00)
5 Dish end forming & Normalizing 18,326.57 7,428.75 10,897.81
Total Expenses(C) 31,046.57 22,031.75 9,014.81
D Manpower Cost
1 Direct Manpower 20,880.00 34,277.00 (13,397.00)
2 In-Direct Manpower 8,768.00 9,708.00 (940.00)
3 Designing & Detailing 3,120.00 3,120.00 -
Total Manpower Cost(D) 32,768.00 47,105.00 (14,337.00)

Gross total (A+B+C+D) 108,414.57 125,118.12 (16,703.55)

Total Expenses 108,414.57 125,118.12 (16,703.55)

Corporate Overhead @ 3% 3,252.44 3,252.44 (0.00)
Depreciation @ 3% 3,252.44 3,252.44 (0.00)
Net Profit@13% 14,093.89 - 14,093.89 Actual profit - 0 & Loss -2609.67 SAR
Total Amount 129,013.33 131,623.00 (2,609.67)
VAT@5% 6,450.67 6,450.67 (0.00)
Total Amount 135,464.00 138,073.67 (2,609.67)
Prepared By Senthil Kumar - PPC Engineer Reviewed By
 FAB SHOP DIVISION
PROJECT EXPENSES REPORT
BILFAL PLATFORM FABRICATION
GSCC PROJECT No. FAB/17/17

A Expenses BUDGET ACTUAL SPENT DIFFERENCE REMARKS

Indirect Expenses
1 Equipment Cost
2 Documentation cost 2,400.00 800.00 1,600.00
3 Transportation cost (Trailer) 15,000.00 39,453.00 (24,453.00)
Total Indirect Expenses(A) 17,400.00 40,253.00 (22,853.00)
B Material / Purchase
1 Steel Material 124,200.00 139,081.96 (14,881.96)
2 Electrodes 6,500.00 6,041.00 459.00
3 Gases, Grinding & cutting disc etc 4,324.00 10,885.45 (6,561.45)
4 Garnet & Painting 4,500.00 22,190.25 (17,690.25)
Total Expenses(B) 139,524.00 178,198.66 (38,674.66)
C Sub Contract Expenses
1 Angle Rolling 45,000.00 29,918.00 15,082.00
2 Grating Fabrication 110,000.00 160,640.00 (50,640.00)
3 Fasteners 25,000.00 10,356.00 14,644.00
4 Galvanization 74,800.00 73,910.00 890.00
Total Expenses(C) 254,800.00 274,824.00 (20,024.00)
D Manpower Cost
1 Direct Manpower 167,550.00 193,692.00 (26,142.00)
2 In-Direct Manpower 78,312.00 53,820.00 24,492.00
3 Manpower cost for trial Assy @ Bilfal factory 23,250.00 26,320.00 (3,070.00)
4 Designing & Detailing cost 30,264.00 30,264.00 -
Total Manpower Cost(D) 299,376.00 304,096.00 (4,720.00)

Gross total (A+B+C+D) 711,100.00 797,371.66 (86,271.66)

VAT@5% 31,740.00 31,740.00 31,741.00

SUB TOTAL COST 742,840.00 829,111.66 (86,271.66)

Depreciation @2% 14,856.80 14,856.00 -
Corporate Overhead @3% 22,285.20 22,285.00 -
Profit @20% 154,938.00 68,667.34 86,270.66 Actual Profit - 8%
TOTAL COST 934,920.00 934,920.00 0.00
Prepared By Senthil Kumar - PPC Engineer Reviewed By
 FAB SHOP DIVISION
PLANNING BUDGET
SAUDI ARAMCO PRESSURE VESSEL
GSCC PROJECT No. FAB/18/19

DESCRIPTION BUDGET EXPENSES DIFFERENCES REMARKS

A Equipments
1 Crane 100Ton - 1nos (8 days) 15,000.00 15,000.00 -
3 Low/Flat Bed Trailer 14,000.00 14,000.00 -
Total (A) 29,000.00 29,000.00 -
-
B Machineries & Tools -
1 Rollars - Motor - 4, Idle -4 16,000.00 5,320.00 10,680.00
2 Tools for Lathe, Drilling , Counter Sunk & MISC 19,500.00 9,363.50 10,136.50
3 Hydraulic jack 50ton - 4 nos 12,000.00 - 12,000.00
Total (B) 47,500.00 14,683.50 32,816.50
-
C Material / Purchase -
1 Steel material (Vessel Plate, Platform & Ladder Material, Grating) 205,844.00 143,169.93 62,674.07
2 Flange & Pipe material 39,380.00 30,158.77 9,221.23
3 Fasteners, Gasket, Teflon Sheet 13,000.00 20,851.50 (7,851.50)
4 Name Plates # U-stamp, Manf. Name plates 1,200.00 700.00 500.00
Total(C) 259,424.00 194,880.20 64,543.80
D Consumables / Purchase -
1 Welding Electrode 18,200.00 15,611.30 2,588.70
2 Gases, Grinding disc, cutting disc & others 10,000.00 17,625.56 (7,625.56)
3 CNC consumables 5,000.00 - 5,000.00
4 Hydro test Water & Water Test report 7,850.00 1,008.00 6,842.00
5 Garnet 13,200.00 3,465.00 9,735.00
6 Paint material & paint accessories 46,000.00 6,827.65 39,172.35
7 N2 filling & Pr. Gauge 10,000.00 262.50 9,737.50
8 Stationaries, Printer with catridge & Toner 11,960.00 6,000.00 5,960.00
Total (D) 122,210.00 50,800.01 71,409.99
E Sub Contract /Purchase (E) -
1 NDT - RT, UT, PMI & Holiday Test 50,000.00 21,958.00 28,042.00
2 Calibration Charges 3,500.00 1,200.00 2,300.00
3 U-Stamp Charges 30,000.00 25,987.50 4,012.50
4 Galvanizing charges 22,000.00 8,000.00 14,000.00
5 Blasting & Painting 68,831.36 (68,831.36)
6 Dish end forming 41,000.00 14,595.00 26,405.00
7 Scaffolding Charges 13,000.00 13,000.00 -
Total Expenses(E) 159,500.00 153,571.86 5,928.14
-
F Manpower Cost (F) -
1 Direct Manpower (GSCC) 272,280.00 143,637.00 128,643.00
2 In-Direct Manpower (GSCC) 85,680.00 35,012.00 50,668.00
Total Manpower Cost(F) 357,960.00 178,649.00 179,311.00
1 Documentation cost 10,000.00 8,822.00 1,178.00
2 Packing & Forwarding 6,000.00 2,000.00 4,000.00
G Total Expenses(G) 16,000.00 10,822.00 5,178.00
Gross total (A+B+C+D+E+F+G) 991,594.00 632,406.57 359,187.43
Total Expenses 991,594.00 632,406.57 359,187.43
Corporate Overhead @ 5% 49,579.70 49,579.70 -
Depreciation @ 3% 29,747.82 29,747.82 -
Contigency @ 5% 49,579.70 49,579.70 -
Net Profit@25% 247,898.50 607,085.93 (359,187.43) Actual Profit - 60%
Total Amount 1,368,399.72 1,368,399.71 0.01
VAT@5% 68,419.99 68,419.99 (0.00)
Total Amount 1,436,819.71 1,436,819.70 0.00

Prepared By Senthil Kumar - PPC Engineer Reviewed By