Guide to COST-BENEFIT ANALYSIS of investment projects - Ramiri

Table 4.63 Financial return on national capital (thousands of Euros)1 2 3 4 5 6 7 8 9 10Product A 0 1,200 1,800 3,060 4,766 4,934 5,108 5,287 5,473 5665Product B 0 750 1,050 1,680 2,206 2,272 2,341 2,412 2,485 2534Product C 0 2,400 3,840 6,912 20,798 27,119 27,744 28,384 29,038 29,708SALES 0 4,350 6,690 11,652 27,770 34,325 35,193 36,083 36,996 37,907RESIDUAL VALUE 0 0 0 0 0 0 0 0 0 28,000TOTAL REVENUES 0 4,350 6,690 11,652 27,770 34,325 35,193 36,083 36,996 65,907Raw materials 0 2,219 3,412 5,943 14,163 17,506 17,948 18,402 18,868 19,333Labour 0 295 820 1,418 1,435 1,452 1,469 1,486 1,504 1,522Electricity 0 178 281 501 1,222 1,545 1,619 1,696 1,776 1,857Fuel 0 231 375 687 1,722 2,231 2,393 2,562 2,738 2,919Maintenance 0 131 201 350 833 1,030 1,056 1,082 1,110 1,137General industrial costs 0 124 181 297 666 772 739 704 666 625Administrative costs 0 126 187 315 722 858 845 830 814 796Sales expenditure 0 114 173 297 647 781 802 823 844 865TOTAL OPERATING COSTS 0 3418 5630 9808 21410 26175 26871 27585 28320 29054Bonds and other financial resources o 0 0 0 0 0 0 0 0 0EIB loans 0 0 0 0 0 0 0 0 0 0Other loans 0 0 0 500 500 250 200 150 100 50INTEREST 0 0 0 500 500 250 200 150 100 50RETIREMENT BONUS 0 0 0 0 0 0 0 0 0 0Bonds and other financial resources 0 0 0 0 0 0 0 0 0EIB loans 0 0 0 0 0 0 0 0 0Other loans 0 0 0 5,000 1,000 1,000 1,000 1,000 1,000LOANS REIMBURSEMENT 0 0 0 5,000 1,000 1,000 1,000 1,000 1,000PRIVATE EQUITY 10,500 15,468 7,640 0 0 0 0 0 0 0TOTAL NATIONAL PUBLICCONTRIBUTION4,725 0 0 0 0 0 0 0TOTAL EXPENDITURE 15,225 18,886 13,270 10,308 26,910 27,425 28,071 28,735 29,420 30,104NET CASH FLOW -15,225 -14,536 -6,580 1,344 860 6,900 7,122 7,348 7,576 35,803Discount Rate 5.0%FNPV (K) 10,458.2FRR (K) 9.3%195