ORIENT CEMENT:DEVAPUR

OWNING AND OPERATING COST OF SHOVEL(DEWOO, VOLVO, TATA & L&T 300)

Description

UNITS

A OWNERSHIP COST
a. Present cost - Ex works
b. Excist duty @ 12.36%
c. CST @ 2% with C-Form
(a+b)*2%
d. Transportation cost
A1 TOTAL DELIVERY COST (AS ON 2011)
Solvage Value 25% (Deduction)
Solvage value per Hr
TOTAL DELIVERY COST AFTER DEDUCTION OF SOLVAGE VALUE
A2 DEPRECIATION PERIOD
a. Hours operated per year
b. No. of years of operation (N)
c. Total number of hours operated in 7 years

Amount
PWC

Rs.
Rs.
Rs.
Rs.
Rs.

7000000
865200
157304
200000
8222504

corrections as
on
Correction 15/07/2013
MINES
8750000
8750000
1081500
1081500
196630
196630
300000
300000
10328130
10328130
2582033
1549220
92
55
7746098
8778911

Hrs.
Years
Years

4000
7
28000

4000
7
28000

4000
7
28000

A3 HOURLY DEPRECIATION COST (A1/A2C)

(Total delivery cost / Total number of hours operated in 7 years)

Rs/Hrs.

293.66

368.86

313.53

A4 INTEREST, INSURANCE AND TAXES

Rs/Hrs.

224.88

313.01

313.01

Rs/Hrs.

518.54

681.87
589.65

626.54
571.21

1.73

2.25

2.18

205.56
1394.90
72.75
83.33
59.96
1816.50

205.56
1394.90
72.75
91.16
45.50
1809.87

205.56
1394.90
72.75
91.16
45.50
1809.87

6.06
2335.04
7.78
0.78
8.56
233.50
2568.55

6.91
2491.74
9.16
0.92
10.07
249.17
2740.91

6.91
2436.41
9.09
0.91
10.00
243.64
2680.05

8.56

10.07

10.00

{12% X (N + 1 / 2N) X Total delivery cost /hours operated per year}

A5 HOURLY OWNERSHIP COST ( A3 + A4 )

HOURLY OWNERSHIP COST after deducting solvage value

A6 Ownership Cost per Tonne (A5/300)

300T/Hr.

B OPERATING COST
a. Spares cost (Annually 10% of total cost)
b. Fuel cost (26 ltrs x Rs. 53.65/ltr)
c. Lubricants cost
d. Operator+helper cost per hour (daily wages500/6 hrs)
e. Maintenance crew cost 1 persons(daily wages 355/6 hrs)
B1 NET HOURLY OPERATING COST

B2 Operating Cost per Tonne (B1 /300)

C Hourly Ownership and Operating Cost ( A5 + B1)
C2 Ownership and Operating Cost/Tonne (A6 + B2)
Profit 10% per tonne
Sub Total per tonne
Profit 10% per hour
Total per Hour Owning & Operating cost with profit

Rs/Hrs.
Rs/Hrs.
Rs/Hrs.
Rs/Hrs.
Rs/Hrs.

Rs/Hrs.
Rs/Hrs.

Total cost per ton

OWNING AND OPERATING COST OF TIPPERS

Description
A

UNITS

OWNERSHIP COST
a. Present cost - Ex works
b. Excist duty @ 12.36%
c. CST @ 2% with C-Form(Ab*2%)

Rs.
Rs.
Rs.

A1

TOTAL DELIVERY COST

Solvage Value 25% ( Deduction)
Solvage value per Hr
TOTAL DELIVERY COST AFTER DEDUCTION OF SOLVAGE VALUE

A2

DEPRECIATION PERIOD
a. Hours operated per year
b. No. of years of operation (N)
c. Total number of hours operated in 7 years

Rs.

corrections as on
15/07/2013
Corrections
PWC
MINES
2982000
3727500
3727500 (25% standby)
368575.2
460719
460719
67011.504
83764.38
83764.38

Amount

3417586.704

4271983
1067996
51
3203988

4271983
640798 15 % of solvage value
31
3631186

Hrs.
Years
Years

3000
7
21000

3000
7
21000

3000
7
21000

A3

HOURLY DEPRECIATION COST (A1/A2c)

(Total delivery cost / Total number of hours operated in 7 years)

Rs/Hrs.

162.74

203.43

172.91

A4

INTEREST, INSURANCE AND TAXES

Rs/Hrs.

64.21

172.62

172.62

Rs/Hrs.

226.95

75T/Hr.

3.03

376.05
325.19
4.34

345.54
315.02
4.20

Rs/Hrs.
Rs/Hrs.

200.00
113.92
8.18
438.95
29.75
83.33
59.96
934.09

257.14
113.92
8.18
438.95
29.75
59.17
59.17
966.28

180.00 Life 700 Hrs

113.92
8.18
438.95
29.75
59.17 S-355
59.17 S-355
889.14

12.45
1161.05
15.48
1.55
17.03
116.10
1277.15

12.88
1342.33
17.22
1.72
18.94
134.23
1476.57

11.86
1234.68
16.06
1.61
17.66
123.47
1358.14

17.03
8.56
25.59

18.94
10.07
29.02

17.66
10.00
27.66

31.65

31.65

31.65

6.06

2.63
2.53
0.10
374190

3.99
2.42
1.57
5826781

{12% X (N + 1 / 2N) X Total delivery cost /hours operated per year}

A5
A6
B

B1
B2
C
C2

HOURLY OWNERSHIP COST ( A3 + A4 )

HOURLY OWNERSHIP COST after deducting solvage value
Ownership Cost per Tonne
OPERATING COST
a. Tyre cost (Rs.180000 per 10 tyre /1000 hrs life)
b. Spares cost (10% of purchasing cost)
Fuel required @ 1.10 KM/lt for 9 Kms (Avg 3 Kms per trip)
c. Fuel cost ( Rs.53.65 INR/ltr)
d. Lubricants cost
e. Operator cost per hour (daily wages 500/6 hrs)
f. Maint. cost per hour (daily wages 355/6 hrs)
NET HOURLY OPERATING COST

Rs/Hrs.
Rs/Hrs.
Rs/Hrs.
Rs/Hrs.
Rs/Hrs.

Operating Cost per Tonne (B1 /75)

Hourly Ownership and Operating Cost ( A5 + B1)
Ownership and Operating Cost/Tonne (A6 + B2)
Profit 10% per tonne
Sub Total
Profit 10%
Total per Hour Owning & Operating cost with profit

Rs/Hrs.
Rs/Hrs.

Per ton rate for Tipper

Per ton rate for Shovel
Total per ton rate
Extisting rate
Gap per ton
Additional Misc. cost
Gap as per our calculation
Total Opportunity

22495827

Note: The cost calculation may vary on the basis of interest paid, hours operated per year, spare cost, lub cost and HSD price increase.

6.38

Additional cost incurred by Contractor to support loading & transport operatio

D

D1

weighment of tippers @ 6 trips in a day

Diesel consumption @ 1.1 Km/Ltrs
Cost of diesel @ 53.65
Addl. Monthlyl diesel cost

km
Lt/day
Rs
Rs

Total Monthly production from contractor

Additional diesel cost of idle running of tippers

E1

Salary of trip counter, supervisor, mess crew

Monthly production for one contractor
Cost per MT of salary

Rs/month
MT
Rs/MT

F
F1

P.F./ bonus / ESI contribution per month

Contribution per MT

Rs
Rs/MT

G
G1

Canteen and mess charges per month

Canteen and mess charges per MT

Rs
Rs/MT

H
H1

Two camper and tractor dozer hiring charges per month

Two camper and tractor dozer hiring charges perMT

Rs
Rs/MT

I
I1

Expenses for owners visit@ 1 times in a month

Cost for owners visit per MT

Rs
Rs/MT

J
k

Liasening charges eg, RTO, ALC, LEO, Police, Insurance etc per month
Office and misc. expenses
Total (J+K)
Cost/MT

Rs
Rs
Rs
Rs/MT

Total admininstration cost

(D1+E1+F1+G1+H1+I1+K1)

Rs/MT

K1
L

corrections as on
15/07/2013

g & transport operations

6
5.45
292.64
68476.91
206250
0.33

36 Addl. Lead 6 Km (up+down)

32.73
1755.82
45651.27
Handling of one Contractor
206250 Last year data
0.22

143000
206250
0.693

TC- 5*8500, SUP- 6*13000,

143000 MC-3*7500
206250
0.693

60000
0.29

60000 Bonus-25000+PF-35000
0.29

48000
0.23

48000 20 Rs *30days*80 persons

0.23

100000
0.48

2 camper*35000( incluid HSD)

100000 + 1 TD *30000 ( incluid HSD)
0.48

50000
0.24

Air ticket from Jaipur to Hyd

for 2 persons and Veh
expenses from Hyd to
50000 Devapur, local and back
0.24

33000
20000
53000
0.26

RTO -16000, ALC + LEO+ RLC +

Vizilance-3500, Police-7500,
33000 Insu. Of staff-6000
20000
53000
0.26

2.53

2.42

Shovel

Engine oil
gear oil
Hydrolic oil
Grease

Consumption
Hrs
Qty (lit)
250
30
1000
20
2000
250
150
18

Consumption for 4000 Hrs

Rate
Hrs
Qty (lit)
Qty (lit)
INR
4000
480
20
4500
4000
80
1
225
4000
500
200
34000
4000
480
18
3000

Consumption
Hrs
Qty (lit)
250
20
1000
20
2000
50
1000
18

Consumption for 3000 Hrs

Rate
Hrs
Qty (lit)
Qty (lit)
INR
3000
240
20
4500
3000
60
1
225
3000
75
200
34000
3000
54
18
3000

Tipper

Engine oil
gear oil
Hydrolic oil
Grease

Cost ( INR)
108000
18000
85000
80000
291000 INR
72.75 INR/hr
Cost ( INR)
54000
13500
12750
9000
89250 INR
29.75 INR/hr

Tipper
Loan amount
Interest rate p.a.
Term in years

2,877,988
12%
5

EMI (monthly rest)

64,019

Amortization schedule
Months
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48

Month

Opening

Interest

Principal

Closing

2877988
2842748
2807157
2771209
2734902
2698232
2661195
2623787
2586006
2547847
2509306
2470380
2431064
2391356
2351250
2310743
2269832
2228511
2186776
2144625
2102052
2059053
2015625
1971762
1927460
1882715
1837523
1791879
1745779
1699217
1652190
1604693
1556720
1508268
1459332
1409906
1359986
1309566
1258643
1207210
1155263
1102796
1049805
996284
942227
887630
832487
776793

28780
28427
28072
27712
27349
26982
26612
26238
25860
25478
25093
24704
24311
23914
23513
23107
22698
22285
21868
21446
21021
20591
20156
19718
19275
18827
18375
17919
17458
16992
16522
16047
15567
15083
14593
14099
13600
13096
12586
12072
11553
11028
10498
9963
9422
8876
8325
7768

35239
35592
35948
36307
36670
37037
37407
37781
38159
38541
38926
39315
39709
40106
40507
40912
41321
41734
42151
42573
42999
43429
43863
44302
44745
45192
45644
46100
46561
47027
47497
47972
48452
48937
49426
49920
50419
50924
51433
51947
52467
52991
53521
54056
54597
55143
55694
56251

2842748
2807157
2771209
2734902
2698232
2661195
2623787
2586006
2547847
2509306
2470380
2431064
2391356
2351250
2310743
2269832
2228511
2186776
2144625
2102052
2059053
2015625
1971762
1927460
1882715
1837523
1791879
1745779
1699217
1652190
1604693
1556720
1508268
1459332
1409906
1359986
1309566
1258643
1207210
1155263
1102796
1049805
996284
942227
887630
832487
776793
720542

49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107

720542
663728
606346
548390
489855
430734
371022
310713
249801
188280
126143
63385
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

7205
6637
6063
5484
4899
4307
3710
3107
2498
1883
1261
634
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

56814
57382
57956
58535
59121
59712
60309
60912
61521
62136
62758
63385
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

663728
606346
548390
489855
430734
371022
310713
249801
188280
126143
63385
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126

Landed Cost

3597484.8

Shovel
Loan amount
Interest rate p.a.
Term in years
EMI (monthly rest)
Amortization schedule
Months

Interest paid at 0th year

Interest to be paid in year 1
Interest to be paid in year 2
Interest to be paid in year 3
Interest to be paid in year 4
Interest to be paid in year 5
Interest to be paid in year 6
Interest to be paid in year 7
Total interest paid
Interest cost per year
Interest cost per month

0
321308
264626
200757
128787
47689
0
0
963,167
192,633
16,053

# Hrs operated per year

Interest cost per hr operated

3000.00
64.21

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48

Month

49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107

108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126

5,762,417
12%
5
128,182

Opening

Interest

Principal

Closing

5762417
5691859
5684759
5677587
5670343
5663028
5655639
5648176
5640638
5633025
5625336
5617571
5609727
5601805
5593804
5585723
5577561
5569317
5560991
5552582
5544088
5535510
5526846
5518095
5509257
5500330
5491314
5482208
5473011
5463721
5454339
5444864
5435293
5425627
5415864
5406003
5396044
5385985
5375826
5365565
5355201
5344734
5334162
5323484
5312700
5301808
5290806
5279695

57624
56919
56848
56776
56703
56630
56556
56482
56406
56330
56253
56176
56097
56018
55938
55857
55776
55693
55610
55526
55441
55355
55268
55181
55093
55003
54913
54822
54730
54637
54543
54449
54353
54256
54159
54060
53960
53860
53758
53656
53552
53447
53342
53235
53127
53018
52908
52797

70558
7101
7172
7243
7316
7389
7463
7537
7613
7689
7766
7844
7922
8001
8081
8162
8244
8326
8409
8493
8578
8664
8751
8838
8927
9016
9106
9197
9289
9382
9476
9571
9666
9763
9861
9959
10059
10159
10261
10364
10467
10572
10678
10784
10892
11001
11111
11222

5691859
5684759
5677587
5670343
5663028
5655639
5648176
5640638
5633025
5625336
5617571
5609727
5601805
5593804
5585723
5577561
5569317
5560991
5552582
5544088
5535510
5526846
5518095
5509257
5500330
5491314
5482208
5473011
5463721
5454339
5444864
5435293
5425627
5415864
5406003
5396044
5385985
5375826
5365565
5355201
5344734
5334162
5323484
5312700
5301808
5290806
5279695
5268473

5268473
5257138
5245691
5234128
5222450
5210655
5198743
5186711
5174559
5162285
5149889
5137368
5124723
5124723
5124723
5124723
5124723
5124723
5124723
5124723
5124723
5124723
5124723
5124723
5124723
5124723
5124723
5124723
5124723
5124723
5124723
5124723
5124723
5124723
5124723
5124723

52685
52571
52457
52341
52225
52107
51987
51867
51746
51623
51499
51374
51247
51247
51247
51247
51247
51247
51247
51247
51247
51247
51247
51247
51247
51247
51247
51247
51247
51247
51247
51247
51247
51247
51247
51247

11335
11448
11562
11678
11795
11913
12032
12152
12274
12396
12520
12646
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

5257138
5245691
5234128
5222450
5210655
5198743
5186711
5174559
5162285
5149889
5137368
5124723
5124723
5124723
5124723
5124723
5124723
5124723
5124723
5124723
5124723
5124723
5124723
5124723
5124723
5124723
5124723
5124723
5124723
5124723
5124723
5124723
5124723
5124723
5124723
5124723

###

Landed Cost

8232024

Interest paid at 0th year

Interest to be paid in year 1
Interest to be paid in year 2
Interest to be paid in year 3
Interest to be paid in year 4
Interest to be paid in year 5
Interest to be paid in year 6
Interest to be paid in year 7
Total interest paid
Interest cost per year
Interest cost per month

0
679704
667760
655018
640660
624481
614967
614967
4,497,557
899,511
74,959

# Hrs operated per year

Interest cost per hr operated

4000.00
224.88

Total targeted production

Shovel capacity
No of shovel required
Standby shovel

MT/month
TPH
Nos
Nos

Total shovel required

Lead ( up + down)
Cycle time
No. of tippers required
Say No. of tippers required
For two machines Tippers required
Standby tippers
Say No. of standby tippers required

Nos
Km
min.
Nos
Nos
Nos

206250
300
1.83
1 (30% standby)

3
3
18
3.33
4
8
2.4 (30% standby)
3

Nos

11

Total tippers required

Description
A

A1

A2

OWNERSHIP COST
a. Present cost - Ex works ( cost of 3 shovels)
b. Excist duty @ 12.36%
c. CST @ 2% with C-Form
(a+b)*2%
d. Transportation cost
TOTAL DELIVERY COST (AS ON 2011)
Solvage Value 15% (Deduction)
Solvage value per Hr
TOTAL DELIVERY COST AFTER DEDUCTION OF SOLVAGE VALUE
DEPRECIATION PERIOD
a. Hours operated per year
b. No. of years of operation (N)
c. Total number of hours operated in 7 years

A3

HOURLY DEPRECIATION COST (A1/A2C)

(Total delivery cost / Total number of hours operated in 7 years)

A4

INTEREST, INSURANCE AND TAXES

{12% X (N + 1 / 2N) X Total delivery cost /hours operated per year}

A5
A6

HOURLY OWNERSHIP COST ( A3 + A4 )

HOURLY OWNERSHIP COST after deducting solvage value
Ownership Cost per Tonne (A5/600)

Justification for Shovel effective working hours

What is the utilization of shovel in %

What is the utilization of Tipper in %

s)

UNITS

PWC

Rs.
Rs.
Rs.
Rs.
Rs.
Rs.
Rs.

F SOLVAGE VALUE

Description

Amount
900000
111240
20224.8
50000
1081464.8
162220

OWNERSHIP COST
a. Present cost - Ex works ( cost of 11 Tippers
b. Excist duty @ 12.36%
c. CST @ 2% with C-Form(Ab*2%)

A1

TOTAL DELIVERY COST

Solvage Value 15% ( Deduction)
Solvage value per Hr
TOTAL DELIVERY COST AFTER DEDUCTION OF SOLVAGE VA

A2

DEPRECIATION PERIOD
a. Hours operated per year
b. No. of years of operation (N)
c. Total number of hours operated in 7 years

A3

HOURLY DEPRECIATION COST (A1/A2c)

(Total delivery cost / Total number of hours operated in 7

A4

INTEREST, INSURANCE AND TAXES

919245
Hrs.
Years
Years
Rs/Hrs.

1200
7
8400
109.43

operated in 7 years)
Rs/Hrs.

674.63

t /hours operated per year}

{12% X (N + 1 / 2N) X Total delivery cost /hours operated

Rs/Hrs.

784.07

solvage value

A5
300T/Hr.

1.31
A6

HOURLY OWNERSHIP COST ( A3 + A4 )

HOURLY OWNERSHIP COST after deducting solvage valu
Ownership Cost per Tonne
Total ownership cost

Description

UNITS

Amount
PWC

orks ( cost of 11 Tippers

%
orm(Ab*2%)

Rs.
Rs.
Rs.

32802000
4054327
737126.5

T
eduction)

Rs.
Rs.
Rs.
Rs.

37593454
5639018

AFTER DEDUCTION OF SOLVAGE VALUE

D
year
ration (N)
urs operated in 7 years

31954436

Hrs.
Years
Years

24000
7
168000

ON COST (A1/A2c)
otal number of hours operated in 7 years)

Rs/Hrs.

190.20

E AND TAXES

Rs/Hrs.

706.32

Rs/Hrs.

896.53

X Total delivery cost /hours operated per year}

COST ( A3 + A4 )
COST after deducting solvage value
onne

600 T/Hr.

1.49
2.80

ADDITIONAL OWNING AND OPERATING COST OF ROCK BREAKER ATTACHMENT FOR KOBELCO 210
Description
UNITS
A

A1

A2

OWNERSHIP COST
a. Present Breaker attachment cost - Ex works
b. Excist duty @ 12.36%
c. CST @ 2% with C-Form
(a+b)*2%
d. Transportation cost
TOTAL DELIVERY COST (AS ON 2011)
Solvage Value 15% (Deduction)
TOTAL DELIVERY COST AFTER DEDUCTION OF SOLVAGE VALUE
DEPRECIATION PERIOD
a. Hours operated per year
b. No. of years of operation (N)
c. Total number of hours operated in 7 years

Rs.
Rs.
Rs.
Rs.
Rs.
Rs.

Hrs.
Years
Years

A3

HOURLY DEPRECIATION COST (A1/A2C)

(Total delivery cost / Total number of hours operated in 7 years)

Rs/Hrs.

A4

INTEREST, INSURANCE AND TAXES

Rs/Hrs.

{12% X (N + 1 / 2N) X Total delivery cost /hours operated per year}

A5

A6
A7

HOURLY OWNERSHIP COST ( A3 + A4 )

Rs/Hrs.

OPERATION COST
Chiesel Cost & Hydralic Hose pipe cost per hour (Life of chisel 2500 hrs) Rs.
170000 per chisel
Rs/Hrs.
Adttional cost of Rock Breaker attachement and operation
Rs/Hrs.
Hiring cost of 210 Excavator as per W.O. Dated 01/07/2011 for model No-1
Less than 200 HP engine capacity.
Rs/Hrs.
Total Hiring cost of Rock breaker @ 18 Ltrs Diesel consumption per Hr.
With Diesel Rate 36/ Rs per Ltr ( A6+A7)
Rs/Hrs.

HMENT FOR KOBELCO 210

Amount
1700000
210120
38202.4
50000
1998322.4
299748
1698574
1200
10
12000
141.55

299.75

441.30

68.00
509.30
1988

2497.30

Remarks: Operatation
expences will be 10 % of the
attachment cost.