
283Economics and Other Evaluation Criteria
Interest on loan
Depreciation See below 10 %/y 2250 4772 4959 5151 5347 5548 5754 5966 6182 6404
Earnings Before Tax 13,952 11,938 12,169 12,405 12,648 12,897 13,152 13,413 13,681 13,955
Capital Expenditures
Plant 45,000,000 $
Maintenance 45,000,000 4 %/y 1800 1845 1891 1938 1987 2037 2087 2140 2193 2248
Total Capital 46,800 1845 1891 1938 1987 2037 2087 2140 2193 2248
Depreciation
Plant 45,000,000 10 %/y 2250 4500 4500 4500 4500 4500 4500 4500 4500 4500
Maintenance 10 %/y 0 272 459 651 847 1048 1254 1466 1682 1904
Total Depreciation 2250 4772 4959 5151 5347 5548 5754 5966 6182 6404
IRR Calculation (in K$)
Today ...