The Economics of Greenhouse Vegetables Raymond Joe Schatzer ...

15
Table 11. Cash Flows, Present Values, and Internal Rate of Return over Twenty Years for Bag Culture Greenhouse Cucumbers.
Net Present
Value to
Year
(51,098)
(23,884)
(2,415)
19,280
36,394
52,212
65,855
79,643
90,520
101,511
105,833
114,595
121,507
128,493
134,003
139,096
143,489
147,928
151,430
154,969
Internal
Rate of
Return to
Year
Present
Value of
Net Cash
Flow
Annual Net
Cash Flow
Annual
Cash Inflow
Annual
Cash
Outflow
-100.00%
-40.35%
8.31%
33.00%
43.34%
48.95%
51.94%
53.88%
54.89%
55.58%
55.77%
56.04%
56.19%
56.29%
56.35%
56.39%
56.42%
56.43%
56.44%
56.45%
(51,098)
27,214
21,468
21,695
17,115
15,818
13,644
13,788
10,877
10,991
4,322
8,762
6,912
6,985
5,510
5,093
4,393
4,439
3,502
3,539
154,969
(51,098)
30,480
26,930
30,480
26,930
27,876
26,930
30,480
26,930
30,480
13,423
30,480
26,930
30,480
26,930
27,876
26,930
30,480
26,930
30,480
477,357
0
51,098
59,616
29,136
59,616
32,686
59,616
29,136
59,616
32,686
59,616
31,740
59,616
32,686
59,616
29,136
59,616
32,686
Cash Outflow
for Operating
and
Maintenance
0
29,136
29,136
29,136
29,136
29,136
29,136
29,136
29,136
29,136
29,136
29,136
29,136
29,136
29,136
29,136
29,136
29,136
29,136
29,136
553,584
Cash
Outflow for
Capital
Purchases
51,098
0
3,550
0
3,550
2,604
3,550
0
3,550
0
17,057
0
3,550
0
3,550
2,604
3,550
0
3,550
0
101,763
59,616
29,136
Year
0
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
Total
59,616
46,193
59,616
29,136
59,616
32,686
59,616
29,136
59,616
32,686
59,616
31,740
59,616
32,686
59,616
29,136
59,616
32,686
59,616
29,136
1,132,704
655,347