Guide to COST-BENEFIT ANALYSIS of investment projects - Ramiri

Table 4.47 Financial return on investment (thousands of Euros)1 2 3 4 5 6 7 8 9 10 11 12 13 14 15Total municipal services income 0 0 0 10,096 14,662 14,904 15,150 15,401 15,655 15,914 16,177 16,444 16,716 16,992 17,273Industrial and irrigation water supply revenue 0 0 0 4,546 6,573 6,653 6,733 6,815 6,898 6,981 7,066 7,152 7,239 7,326 7,415SALES 0 0 0 14,642 21,235 21,557 21,884 22,216 22,553 22,895 23,243 23,596 23,954 24,318 24,688Labour cost 0 0 0 1,494 1,523 1,553 1,583 1,614 1,645 1,677 1,710 1,743 1,777 1,811 1,847Electrical energy 0 0 0 129 188 193 198 203 208 213 218 224 229 235 241Materials (Chemicals, reagents, inert, etc.) 0 0 0 2,422 3,525 3,590 3,657 3,725 3,794 3,864 3,936 4,009 4,083 4,159 4,236Intermediate services and goods 0 0 0 3,969 5,762 5,855 5,949 6,045 6,143 6,242 6,343 6,446 6,550 6,656 6,763Maintenance 0 0 0 531 770 782 794 805 818 830 842 855 868 881 894Elimination of treatment sludge 0 0 0 2,835 4,137 4,226 4,318 4,411 4,506 4,604 4,703 4,805 4,908 5,015 5,123TOTAL OPERATING COSTS 0 0 0 11,380 15,905 16,199 16,498 16,803 17,113 17,430 17,752 18,080 18,415 18,756 19,104Feasibility study, work management, etc. 7,363 0 1,896 0 0 0 0 0 0 0 0 0 0 0 0Land expropriation 726 368 0 0 0 0 0 0 0 0 0 0 0 0 0Labour 4,255 25,915 13,152 0 0 0 0 0 0 0 0 0 0 0 0Materials for civil works 990 7,031 4,078 0 0 0 0 0 0 0 0 0 0 0 0Rentals 26 1,607 1,604 0 0 0 0 0 0 0 0 0 0 0 0Transports 44 1,331 1,306 0 0 0 0 0 0 0 0 0 0 0 0Electro-mechanical components and equipment 0 11,551 17,587 0 0 0 0 0 0 0 0 0 0 0 0Investments costs 13,404 47,804 39,623 0 0 0 0 0 0 0 0 0 0 0 0Replacement costs 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0Residual value 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0Other investment items 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0TOTAL INVESTMENT COSTS 13,404 47,804 39,623 0 0 0 0 0 0 0 0 0 0 0 0TOTAL EXPENDITURES 13,404 47,804 39,623 11,380 15,905 16,199 16,498 16,803 17,113 17,430 17,752 18,080 18,415 18,756 19,104NET CASH FLOW -13,404 -47,804 -39,623 3,263 5,330 5,358 5,386 5,413 5,440 5,465 5,491 5,515 5,539 5,562 5,58416 17 18 19 20 21 22 23 24 25 26 27 28 29 30Total municipal services income 17,558 17,848 18,143 18,443 18,747 19,057 19,372 19,692 20,017 20,348 20,684 21,026 21,374 21,727 22,086Industrial and irrigation water supply revenue 7,505 7,596 7,688 7,782 7,876 7,971 8,068 8,166 8,265 8,365 8,466 8,568 8,672 8,777 8,883SALES 25,063 25,444 25,831 26,224 26,623 27,028 27,440 27,858 28,282 28,713 29,150 29,595 30,046 30,504 30,969Labour cost 1,883 1,919 1,957 1,995 2,033 2,073 2,113 2,154 2,196 2,239 2,283 2,327 2,372 2,419 2,466Electrical energy 247 253 259 266 272 279 286 293 301 308 316 324 332 340 349Materials (Chemicals, reagents, inert, etc.) 4,315 4,395 4,477 4,560 4,644 4,730 4,818 4,908 4,999 5,091 5,186 5,282 5,380 5,480 5,582Intermediate services and goods 6,872 6,983 7,096 7,211 7,327 7,446 7,566 7,688 7,813 7,939 8,067 8,198 8,330 8,465 8,601Maintenance 907 921 935 949 963 977 992 1,007 1,022 1,037 1,053 1,069 1,085 1,101 1,118Elimination of treatment sludge 5,234 5,347 5,462 5,580 5,701 5,824 5,950 6,078 6,210 6,344 6,481 6,621 6,764 6,910 7,059TOTAL OPERATING COSTS 19,457 19,818 20,185 20,560 20,941 21,329 21,725 22,129 22,540 22,958 23,385 23,820 24,263 24,714 25,174Feasibility study, work management, etc. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0Land expropriation 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0Labour 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0Materials for civil works 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0Rentals 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0Transports 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0Electro-mechanical components and equipment 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0Investments costs 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0Replacement costs 0 0 0 0 22,652 0 0 0 0 0 0 0 0 0 0Residual value 0 0 0 0 0 0 0 0 0 0 0 0 0 0 -6,030Other investment items 0 0 0 0 22,652 0 0 0 0 0 0 0 0 0 -6,030TOTAL INVESTMENT COSTS 0 0 0 0 22,652 0 0 0 0 0 0 0 0 0 -6,030TOTAL EXPENDITURES 19,457 19,818 20,185 20,560 43,593 21,329 21,725 22,129 22,540 22,958 23,385 23,820 24,263 24,714 19,144NET CASH FLOW 5,606 5,626 5,646 5,665 -16,970 5,699 5,714 5,729 5,742 5,754 5,765 5,775 5,783 5,790 11,825Discount Rate 5.0%FNPV (C) -29,083.9FRR (C) 1.9%Funding Gap Ratio 0.32179