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Cost-Benefit Analysis - ES fondi

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EN<br />

Financial<br />

profitability<br />

Financial Profitability<br />

Tab.2.5. Calculation of the Financial Internal Rate of Return of the Investment<br />

Discount rate 6,0%<br />

Years 1 2 3 4 5 6 7 8 9 10<br />

Revenues - - - 3,0 3,0 3,0 3,0 3,0 3,0 3,0<br />

Residual value - - - - - - - - - 20<br />

Total Revenues - - 3,0 3,0 3,0 3,0 3,0 3,0 23,0<br />

Operating <strong>Cost</strong>s - - - 2,0 2,0 2,0 4,0 2,0 2,0 2,0<br />

Investment <strong>Cost</strong>s 10,0 25,0 20,0 - - - - - - -<br />

Total Expenditures 10,0 25,0 20,0 2,0 2,0 2,0 4,0 2,0 2,0 2,0<br />

Net Cash Flow - 10,0 - 25,0 - 20,0 1,0 1,0 1,0 - 1,0 1,0 1,0 21,0<br />

Discounted net C-F - 9,4 - 22,2 - 16,8 0,8 0,7 0,7 - 0,7 0,6 0,6 11,7<br />

FRR/C -10,2%<br />

FNPV/C -33,95<br />

25

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