PROJECT NAME: BROILER PRODUCTION (80,000 Birds - Capacity)

LOCATION: Sitio Marag-ing, Brgy. Belen, Leyte - Leyte

PROJECT INVESTMENT CAPITAL:

FIXED INVESTMENT:
QTY. Unit PARTICULARS UNIT COST ACEF PROPONENT AMOUNT (PhP)
2 has. Land Acquisition/Development 1,000,000.00 2,000,000.00 2,000,000.00
1 LS Perimeter Fencing 222,500.00 222,500.00 222,500.00
2 units Broiler House (12 x 42 sq.m.) 4,079,212.85 8,158,425.70 8,158,425.70
1 unit 1.5HP Motor Centrifugal Pump 33,585.00 33,585.00 33,585.00
Deepwell with Elevated StainlessWater
1 unit 154,790.00 154,790.00 154,790.00
Tank (2000 lit. cap)
1 unit Refrigerator (4 cu.ft. cap.) 7,500.00 7,500.00 7,500.00
714 pcs. Feeders 158.00 112,812.00 112,812.00
250 units Waterers (Bell drinkers) 853.00 213,250.00 213,250.00
2000 units Galloners 78.90 157,800.00 157,800.00
50 units Infrared Lamps w/ pipes & Accessories 4,950.00 247,500.00 247,500.00
16 units LPG Tank (50 kgs. Cap.) 4,500.00 72,000.00 72,000.00
10 units Shovel 497.00 4,970.00 4,970.00
2 units Wheel Borrow 1,450.00 2,900.00 2,900.00
2 units Push cart 1,680.00 3,360.00 3,360.00
16 pcs. Plastic Drum (200 liters cap.) 1,195.00 19,120.00 19,120.00
SUB-TOTAL 9,410,512.70 2,000,000.00 11,410,512.70

OPERATIONAL/WORKING CAPITAL:
PARTICULARS AMOUNT (PhP)
Salaries & Wages: 1,224,000.00 1,224,000.00
1 Person Farm Supervisor 10,000.00 120,000.00
16 Person Animal Caretakers 4,500.00 864,000.00
2 Person Security Personnel 10,000.00 240,000.00
12 monhtly Electricity 5,850.00 70,200.00 70,200.00
12 monhtly Water Utilities 2,750.00 33,000.00 33,000.00
288 tanks LPG (50 kgs.) 2,120.00 610,560.00 610,560.00
1800 m. Laminated plastic sheet 57.50 103,500.00 103,500.00
 Building Maintenance Cost (10% of Building cost) 838,092.57 838,092.57
Licenses and Permit Fees 55,000.00 55,000.00
Miscellaneous Expenses (13% of the above items) 381,465.83 381,465.83
SUB-TOTAL 893,092.57 2,422,725.83 3,315,818.40

TOTAL PROJECT COST: 10,303,605.27 4,422,725.83 14,726,331.10

NPV 16% 5,692,254.39 IF: NPV > 1: FEASIBLE NA BAY!!!

BCR 1.17 IF: BCR > 1: FEASIBLE NA BAY !!!
IRR 26.05%
ROI #REF!
PAYBACK 3.05 Years
 Schedule 1
PROJECTED PRODUCTION/SALES

Grower's Fee No. of Cycle Income per Year

Year No. of Birds Mortality (%)
(PhP) per year (PhP)
1 80,000.00 5.0 13.00 8.00 7,904,000.00
2 80,000.00 5.0 13.65 8.00 8,299,200.00
3 80,000.00 5.0 14.33 8.00 8,714,160.00
4 80,000.00 5.0 15.05 8.00 9,149,868.00
5 80,000.00 5.0 15.80 8.00 9,607,361.40
6 80,000.00 5.0 16.59 8.00 10,087,729.47
7 80,000.00 5.0 17.42 8.00 10,592,115.94
8 80,000.00 5.0 18.29 8.00 11,121,721.74
9 80,000.00 5.0 19.21 8.00 11,677,807.83
10 80,000.00 5.0 20.17 8.00 12,261,698.22
 AMORTIZATION SCHEDULE:

AMORTIZATION ENDING
YEAR PRINCIPAL
PAYMENT BALANCE

1 10,303,605.27 1,030,360.53 9,273,244.74

2 9,273,244.74 1,030,360.53 8,242,884.22
3 8,242,884.22 1,030,360.53 7,212,523.69
4 7,212,523.69 1,030,360.53 6,182,163.16
5 6,182,163.16 1,030,360.53 5,151,802.64
6 5,151,802.64 1,030,360.53 4,121,442.11
7 4,121,442.11 1,030,360.53 3,091,081.58
8 3,091,081.58 1,030,360.53 2,060,721.05
9 2,060,721.05 1,030,360.53 1,030,360.53
10 1,030,360.53 1,030,360.53 -
 Schedule 2
DIRECT LABOR

Position No. of Laborer Monthly Rate Total Amount

Farm Supervisor 1 10,000.00 120,000.00
Animal Caretakers 16 4,500.00 864,000.00
Security Personnel 2 10,000.00 240,000.00
Total 17 1,224,000.00

Year No. of Laborer Rate per Day Total Amount

1 17 1,224,000.00
2 17 1,285,200.00
3 17 1,349,460.00
4 17 1,416,933.00
5 17 1,487,779.65
6 17 1,562,168.63
7 17 1,640,277.06
8 17 1,722,290.92
9 17 1,808,405.46
10 17 1,898,825.74

Schedule 3
DEPRECIATION EXPENSE

Item Acquisition Cost Estimated Life Annual Depreciation

Perimeter Fencing 222,500.00 10 22,250.00
Broiler House (12 x 42 sq.m.) 8,158,425.70 10 815,842.57
1.5HP Motor Centrifugal Pump 33,585.00 5 6,717.00
Deepwell with Elevated StainlessWater Tank (2 154,790.00 5 30,958.00
Refrigerator (4 cu.ft. cap.) 7,500.00 5 1,500.00
Feeders 112,812.00 2 56,406.00
Waterers (Bell drinkers) 213,250.00 2 106,625.00
Galloners 157,800.00 2 78,900.00
Infrared Lamps w/ pipes & Accessories 247,500.00 3 82,500.00
LPG Tank (50 kgs. Cap.) 72,000.00 5 14,400.00
Shovel 4,970.00 2 2,485.00
Wheel Borrow 2,900.00 2 1,450.00
Push cart 3,360.00 2 1,680.00
Plastic Drum (200 liters cap.) 19,120.00 5 3,824.00
Total 9,410,512.70 1,225,537.57
 Monhtly
10,000.00
72,000.00
20,000.00

Year Dep'n. Cost Accum. Dep'n.

1 1,225,537.57 1,225,537.57
2 1,225,537.57 2,451,075.14
3 977,991.57 3,429,066.71
4 895,491.57 4,324,558.28
5 895,491.57 5,220,049.85
6 838,092.57 6,058,142.42
7 838,092.57 6,896,234.99
8 838,092.57 7,734,327.56
9 838,092.57 8,572,420.13
10 838,092.57 9,410,512.70
Operating Assumptions:

1 Broiler Building Area 504.00 sq.m.

2 Building Capacity 10,000.00 birds
3 No. of Broiler Houses 4.00 units
4 No. of Days per Production cycle 35.00 days
5 No. of Cycles per year operation 7.00 cycles
6 Mortality Rate 5.00 %
PROJECTED INCOME STATEMENT

PARTICULARS Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9

INCOME
Grower's Fee 7,904,000.00 8,299,200.00 8,714,160.00 9,149,868.00 9,607,361.40 10,087,729.47 10,592,115.94 11,121,721.74 11,677,807.83

GROSS INCOME 7,904,000.00 8,299,200.00 8,714,160.00 9,149,868.00 9,607,361.40 10,087,729.47 10,592,115.94 11,121,721.74 11,677,807.83

Less: EXPENSES
Salaries & Wages: 1,224,000.00 1,285,200.00 1,349,460.00 1,416,933.00 1,487,779.65 1,562,168.63 1,640,277.06 1,722,290.92 1,808,405.46
Electricity 70,200.00 73,710.00 77,395.50 81,265.28 85,328.54 89,594.97 94,074.71 98,778.45 103,717.37
Water Utilities 33,000.00 34,650.00 36,382.50 38,201.63 40,111.71 42,117.29 44,223.16 46,434.31 48,756.03
LPG 610,560.00 641,088.00 673,142.40 706,799.52 742,139.50 779,246.47 818,208.79 859,119.23 902,075.20
Laminated plastic sheet 103,500.00 108,675.00 114,108.75 119,814.19 125,804.90 132,095.14 138,699.90 145,634.89 152,916.64
Building Maintenance Cost 838,092.57 879,997.20 923,997.06 970,196.91 1,018,706.76 1,069,642.09 1,123,124.20 1,179,280.41 1,238,244.43
Licenses and Permit Fees 55,000.00 57,750.00 60,637.50 63,669.38 66,852.84 70,195.49 73,705.26 77,390.52 81,260.05
Miscellaneous Expenses 381,465.83 400,539.13 420,566.08 441,594.39 463,674.11 486,857.81 511,200.70 536,760.74 563,598.77
Depreciation 1,225,537.57 1,225,537.57 977,991.57 895,491.57 895,491.57 838,092.57 838,092.57 838,092.57 838,092.57
Total Expenses 4,541,355.97 4,707,146.89 4,633,681.36 4,733,965.85 4,925,889.56 5,070,010.46 5,281,606.36 5,503,782.05 5,737,066.52

NET INCOME ( Before Tax ) 3,362,644.03 3,592,053.11 4,080,478.64 4,415,902.15 4,681,471.84 5,017,719.01 5,310,509.59 5,617,939.69 5,940,741.31
PROJECTED CASH FLOW STATEMENT

PARTICULARS Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9

CASH INFLOW
Investment Capital 12,726,331.10
Grower's Fee 7,904,000.00 8,299,200.00 8,714,160.00 9,149,868.00 9,607,361.40 10,087,729.47 10,592,115.94 11,121,721.74 11,677,807.83

Total Cash Inflow 12,726,331.10 7,904,000.00 8,299,200.00 8,714,160.00 9,149,868.00 9,607,361.40 10,087,729.47 10,592,115.94 11,121,721.74 11,677,807.83

CASH OUTFLOW
FIXED INVESTMENT: 9,410,512.70
Salaries & Wages: 1,224,000.00 1,285,200.00 1,349,460.00 1,416,933.00 1,487,779.65 1,562,168.63 1,640,277.06 1,722,290.92 1,808,405.46
Electricity 70,200.00 73,710.00 77,395.50 81,265.28 85,328.54 89,594.97 94,074.71 98,778.45 103,717.37
Water Utilities 33,000.00 34,650.00 36,382.50 38,201.63 40,111.71 42,117.29 44,223.16 46,434.31 48,756.03
LPG (50 kgs.) 610,560.00 641,088.00 673,142.40 706,799.52 742,139.50 779,246.47 818,208.79 859,119.23 902,075.20
Laminated plastic sheet 103,500.00 108,675.00 114,108.75 119,814.19 125,804.90 132,095.14 138,699.90 145,634.89 152,916.64
Building Maintenance Cost 838,092.57 879,997.20 923,997.06 970,196.91 1,018,706.76 1,069,642.09 1,123,124.20 1,179,280.41 1,238,244.43
Licenses and Permit Fees 55,000.00 57,750.00 60,637.50 63,669.38 66,852.84 70,195.49 73,705.26 77,390.52 81,260.05
Miscellaneous Expenses 381,465.83 400,539.13 420,566.08 441,594.39 463,674.11 486,857.81 511,200.70 536,760.74 563,598.77
Amortization Payment 1,030,360.53 1,030,360.53 1,030,360.53 1,030,360.53 1,030,360.53 1,030,360.53 1,030,360.53 1,030,360.53 1,030,360.53
Total Cash Outflow 9,410,512.70 4,346,178.93 4,511,969.85 4,686,050.32 4,868,834.81 5,060,758.52 5,262,278.42 5,473,874.32 5,696,050.00 5,929,334.48

Cash Balance, Ending 3,315,818.40 3,557,821.07 3,787,230.15 4,028,109.68 4,281,033.19 4,546,602.88 4,825,451.05 5,118,241.63 5,425,671.74 5,748,473.35

Add: Cash Balance, Beginning 3,315,818.40 6,873,639.47 10,660,869.62 14,688,979.30 18,970,012.50 23,516,615.38 28,342,066.43 33,460,308.05 38,885,979.79

NET CASH FLOW 3,315,818.40 6,873,639.47 10,660,869.62 14,688,979.30 18,970,012.50 23,516,615.38 28,342,066.43 33,460,308.05 38,885,979.79 44,634,453.14
PROJECTED BALANCE SHEET

PARTICULARS Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9

ASSETS
Current Asset:
Loan Proceed 10,303,605.27
Cash on Hand 6,873,639.47 10,660,869.62 14,688,979.30 18,970,012.50 23,516,615.38 28,342,066.43 33,460,308.05 38,885,979.79 44,634,453.14
Fixed Asset:
Land Acquisition/Dev't. 2,000,000.00 2,000,000.00 2,000,000.00 2,000,000.00 2,000,000.00 2,000,000.00 2,000,000.00 2,000,000.00 2,000,000.00
Equipment/Building 9,410,512.70 9,410,512.70 9,410,512.70 9,410,512.70 9,410,512.70 9,410,512.70 9,410,512.70 9,410,512.70 9,410,512.70
Less: Accom. Depreciation 1,225,537.57 2,451,075.14 3,429,066.71 4,324,558.28 5,220,049.85 6,058,142.42 6,896,234.99 7,734,327.56 8,572,420.13

TOTAL ASSETS 10,303,605.27 17,058,614.60 19,620,307.18 22,670,425.29 26,055,966.92 29,707,078.23 33,694,436.71 37,974,585.76 42,562,164.93 47,472,545.71

LIABILITIES & EQUITY

Loans Payable 10,303,605.27 9,273,244.74 8,242,884.22 7,212,523.69 6,182,163.16 5,151,802.64 4,121,442.11 3,091,081.58 2,060,721.05 1,030,360.53
Owner's Equity 4,422,725.83 4,422,725.83 4,422,725.83 4,422,725.83 4,422,725.83 4,422,725.83 4,422,725.83 4,422,725.83 4,422,725.83
Retained Earnings 3,362,644.03 6,954,697.13 11,035,175.77 15,451,077.92 20,132,549.76 25,150,268.76 30,460,778.35 36,078,718.04 42,019,459.35

TOTAL LIABILITIES & EQUITY 10,303,605.27 17,058,614.60 19,620,307.18 22,670,425.29 26,055,966.92 29,707,078.23 33,694,436.71 37,974,585.76 42,562,164.93 47,472,545.71
Year 10

12,261,698.22

12,261,698.22

1,898,825.74
108,903.24
51,193.83
947,178.96
160,562.47
1,300,156.65
85,323.05
591,778.71
838,092.57
5,982,015.22

6,279,683.00
Year 10

12,261,698.22

12,261,698.22

1,898,825.74
108,903.24
51,193.83
947,178.96
160,562.47
1,300,156.65
85,323.05
591,778.71
1,030,360.53
6,174,283.18

6,087,415.04

44,634,453.14

50,721,868.18
Year 10

50,721,868.18

2,000,000.00
9,410,512.70
9,410,512.70

52,721,868.18

-
4,422,725.83
48,299,142.35

52,721,868.18
 FINANCIAL ANALYSIS

Name of Project: BROILER PRODUCTION (100,000 birds - Capacity)

Location : Brgy. Cabalawan, Tacloban City, LEYTE

Year Cost Benefit Net Return Discounted Discounted

Project Cost Operating Cost TOTAL COST Cost Benefit
16% 16%
0 14,726,331.10 14,726,331.10 -14,726,331.10 14,726,331.10 0.00
1 4,346,178.93 4,346,178.93 7,904,000.00 3,557,821.07 3,746,705.98 6,813,793.10
2 4,511,969.85 4,511,969.85 8,299,200.00 3,787,230.15 3,353,128.61 6,167,657.55
3 4,686,050.32 4,686,050.32 8,714,160.00 4,028,109.68 3,002,154.09 5,582,793.47
4 4,868,834.81 4,868,834.81 9,149,868.00 4,281,033.19 2,689,014.12 5,053,390.64
5 5,060,758.52 5,060,758.52 9,607,361.40 4,546,602.88 2,409,493.00 4,574,189.81
6 5,262,278.42 5,262,278.42 10,087,729.47 4,825,451.05 2,159,861.42 4,140,430.43
7 5,473,874.32 5,473,874.32 10,592,115.94 5,118,241.63 1,936,818.38 3,747,803.40
8 5,696,050.00 5,696,050.00 11,121,721.74 5,425,671.74 1,737,440.25 3,392,408.25
9 5,929,334.48 5,929,334.48 11,677,807.83 5,748,473.35 1,559,136.17 3,070,714.37
10 6,174,283.18 6,174,283.18 12,261,698.22 6,087,415.04 1,399,608.76 2,779,525.94
TOTAL 14,726,331.10 52,009,612.82 66,735,943.93 99,415,662.60 32,679,718.67 38,719,691.88 45,322,706.97
NPV 5,692,254.39
IRR 26.05%
BCR 1.17
ROI 32.80
Payback Period 3.05

Sensitivity Analysis Summary

Condition NPV BCR IRR

Base Situation 5,692,254.39 1.17 26.05%
5% increase in cost 4,658,057.80 1.14 24.30%
10% increase in cost 3,623,861.22 1.10 22.53%
5% decrease in benefit 3,738,689.43 1.11 22.74%
10% decrease in benefit 1,785,124.48 1.05 19.30%
SENSITIVITY ANALYSIS

5% increase in cost

Year Cost Benefit Net Revenue Discounted Discounted

Cost Benefit
0.16 0.16
0 14,726,331.10 (14,726,331.10) 14,726,331.10
1 4,563,487.88 7,904,000.00 3,340,512.12 3,934,041.27 6,813,793.10
2 4,737,568.34 8,299,200.00 3,561,631.66 3,520,785.04 6,167,657.55
3 4,920,352.83 8,714,160.00 3,793,807.17 3,152,261.80 5,582,793.47
4 5,112,276.55 9,149,868.00 4,037,591.45 2,823,464.83 5,053,390.64
5 5,313,796.45 9,607,361.40 4,293,564.95 2,529,967.65 4,574,189.81
6 5,525,392.34 10,087,729.47 4,562,337.13 2,267,854.49 4,140,430.43
7 5,747,568.03 10,592,115.94 4,844,547.91 2,033,659.29 3,747,803.40
8 5,980,852.51 11,121,721.74 5,140,869.24 1,824,312.27 3,392,408.25
9 6,225,801.20 11,677,807.83 5,452,006.63 1,637,092.98 3,070,714.37
10 6,482,997.34 12,261,698.22 5,778,700.88 1,469,589.20 2,779,525.94
TOTAL 69,336,424.57 99,415,662.60 30,079,238.03 39,919,359.92 45,322,706.97
NPV 4,658,057.80
IRR 24.30%
BCR 1.14

5% decrease in benefit
Discounted Discounted
Year Cost Benefit Net Revenue Cost Benefit
0.16 0.16
0 14,726,331.10 -14,726,331.10 14,726,331.10
1 4,346,178.93 7,508,800.00 3,162,621.07 3,746,705.98 6,473,103.45
2 4,511,969.85 7,884,240.00 3,372,270.15 3,353,128.61 5,859,274.67
3 4,686,050.32 8,278,452.00 3,592,401.68 3,002,154.09 5,303,653.80
4 4,868,834.81 8,692,374.60 3,823,539.79 2,689,014.12 4,800,721.11
5 5,060,758.52 9,126,993.33 4,066,234.81 2,409,493.00 4,345,480.32
6 5,262,278.42 9,583,343.00 4,321,064.58 2,159,861.42 3,933,408.91
7 5,473,874.32 10,062,510.15 4,588,635.83 1,936,818.38 3,560,413.23
8 5,696,050.00 10,565,635.65 4,869,585.65 1,737,440.25 3,222,787.84
9 5,929,334.48 11,093,917.44 5,164,582.96 1,559,136.17 2,917,178.65
10 6,174,283.18 11,648,613.31 5,474,330.13 1,399,608.76 2,640,549.64
TOTAL 66,735,943.93 94,444,879.47 27,708,935.54 38,719,691.88 43,056,571.62
NPV 3,738,689.43
IRR 22.74%
BCR 1.11
10% increase in cost

Year Cost Benefit Net Revenue Discounted Discounted

Cost Benefit
0.16 0.16
0 14,726,331.10 (14,726,331.10) 14,726,331.10
1 4,780,796.82 7,904,000.00 3,123,203.18 4,121,376.57 6,813,793.10
2 4,963,166.84 8,299,200.00 3,336,033.16 3,688,441.47 6,167,657.55
3 5,154,655.35 8,714,160.00 3,559,504.65 3,302,369.50 5,582,793.47
4 5,355,718.29 9,149,868.00 3,794,149.71 2,957,915.53 5,053,390.64
5 5,566,834.37 9,607,361.40 4,040,527.03 2,650,442.30 4,574,189.81
6 5,788,506.26 10,087,729.47 4,299,223.21 2,375,847.56 4,140,430.43
7 6,021,261.75 10,592,115.94 4,570,854.20 2,130,500.21 3,747,803.40
8 6,265,655.01 11,121,721.74 4,856,066.74 1,911,184.28 3,392,408.25
9 6,522,267.93 11,677,807.83 5,155,539.90 1,715,049.79 3,070,714.37
10 6,791,711.49 12,261,698.22 5,469,986.73 1,539,569.64 2,779,525.94
TOTAL 71,936,905.21 99,415,662.60 27,478,757.39 41,119,027.96 45,322,706.97
NPV 3,623,861.22
IRR 22.53%
BCR 1.10

10% decrease in benefit

Discounted Discounted
Year Cost Benefit Net Revenue Cost Benefit
0.16 0.16
0 14,726,331.10 -14,726,331.10 14,726,331.10
1 4,346,178.93 7,113,600.00 2,767,421.07 3,746,705.98 6,132,413.79
2 4,511,969.85 7,469,280.00 2,957,310.15 3,353,128.61 5,550,891.80
3 4,686,050.32 7,842,744.00 3,156,693.68 3,002,154.09 5,024,514.13
4 4,868,834.81 8,234,881.20 3,366,046.39 2,689,014.12 4,548,051.58
5 5,060,758.52 8,646,625.26 3,585,866.74 2,409,493.00 4,116,770.83
6 5,262,278.42 9,078,956.52 3,816,678.10 2,159,861.42 3,726,387.39
7 5,473,874.32 9,532,904.35 4,059,030.03 1,936,818.38 3,373,023.06
8 5,696,050.00 10,009,549.57 4,313,499.56 1,737,440.25 3,053,167.43
9 5,929,334.48 10,510,027.04 4,580,692.57 1,559,136.17 2,763,642.93
10 6,174,283.18 11,035,528.40 4,861,245.22 1,399,608.76 2,501,573.34
TOTAL 66,735,943.93 89,474,096.34 22,738,152.41 38,719,691.88 40,790,436.27
NPV 1,785,124.48
IRR 19.30%
BCR 1.05
 FINANCIAL ANALYSIS

Name of Project: BROILER PRODUCTION (100,000 birds - Capacity)

Location : Brgy. Cabalawan, Tacloban City, LEYTE

Year Cost Benefit Net Return

Project Cost Operating Cost TOTAL COST

0 14,726,331.10 14,726,331.10 -14,726,331.10

1 4,346,178.93 4,346,178.93 7,904,000.00 3,557,821.07
2 4,511,969.85 4,511,969.85 8,299,200.00 3,787,230.15
3 4,686,050.32 4,686,050.32 8,714,160.00 4,028,109.68
4 4,868,834.81 4,868,834.81 9,149,868.00 4,281,033.19
5 5,060,758.52 5,060,758.52 9,607,361.40 4,546,602.88
6 5,262,278.42 5,262,278.42 10,087,729.47 4,825,451.05
7 5,473,874.32 5,473,874.32 10,592,115.94 5,118,241.63
8 5,696,050.00 5,696,050.00 11,121,721.74 5,425,671.74
9 5,929,334.48 5,929,334.48 11,677,807.83 5,748,473.35
10 6,174,283.18 6,174,283.18 12,261,698.22 6,087,415.04
TOTAL 14,726,331.10 52,009,612.82 66,735,943.93 99,415,662.60 32,679,718.67
NPV 5,692,254.39
IRR 26.05%
BCR 1.17
ROI 0.33
Payback Period 3.05

Sensitivity Analysis Summary

Condition NPV BCR IRR

Base Situation 5,692,254.39 1.17 26.05%
5% increase in cost 4,658,057.80 1.14 24.30%
10% increase in cost 3,623,861.22 1.10 22.53%
5% decrease in benefit 3,738,689.43 1.11 22.74%
10% decrease in benefit 1,785,124.48 1.05 19.30%

Break-Even Point (BEP) Analysis

Fixed Cost Fixed Cost

BEP/kgs. = -------------------- + Variable Cost/kgs. Variable Cost/kgs.
Kgs. Target Prodn.(kgs.)

11,410,512.70
= --------------------- + 43.63
76,000.00 BEP/kgs.
BE Volume (kgs.)
= 193.77

Fixed Cost
BE Volume (kgs.) = '--------------------
Variable Cost/kgs.

= 261,533.91
NALYSIS SENSITIVITY ANALYSIS

5% increase in cost

Discounted Discounted Year Cost Benefit Net Revenue

Cost Benefit
16% 16%
14,726,331.10 0.00 0 14,726,331.10 (14,726,331.10)
3,746,705.98 6,813,793.10 1 4,563,487.88 7,904,000.00 3,340,512.12
3,353,128.61 6,167,657.55 2 4,737,568.34 8,299,200.00 3,561,631.66
3,002,154.09 5,582,793.47 3 4,920,352.83 8,714,160.00 3,793,807.17
2,689,014.12 5,053,390.64 4 5,112,276.55 9,149,868.00 4,037,591.45
2,409,493.00 4,574,189.81 5 5,313,796.45 9,607,361.40 4,293,564.95
2,159,861.42 4,140,430.43 6 5,525,392.34 10,087,729.47 4,562,337.13
1,936,818.38 3,747,803.40 7 5,747,568.03 10,592,115.94 4,844,547.91
1,737,440.25 3,392,408.25 8 5,980,852.51 11,121,721.74 5,140,869.24
1,559,136.17 3,070,714.37 9 6,225,801.20 11,677,807.83 5,452,006.63
1,399,608.76 2,779,525.94 10 6,482,997.34 12,261,698.22 5,778,700.88
38,719,691.88 45,322,706.97 TOTAL 69,336,424.57 99,415,662.60 30,079,238.03
NPV 4,658,057.80
IRR 24.30%
BCR 1.14

5% decrease in benefit

Year Cost Benefit Net Revenue

0 14,726,331.10 -14,726,331.10
1 4,346,178.93 7,508,800.00 3,162,621.07
2 4,511,969.85 7,884,240.00 3,372,270.15
3 4,686,050.32 8,278,452.00 3,592,401.68
4 4,868,834.81 8,692,374.60 3,823,539.79
 5 5,060,758.52 9,126,993.33 4,066,234.81
6 5,262,278.42 9,583,343.00 4,321,064.58
7 5,473,874.32 10,062,510.15 4,588,635.83
8 5,696,050.00 10,565,635.65 4,869,585.65
9 5,929,334.48 11,093,917.44 5,164,582.96
10 6,174,283.18 11,648,613.31 5,474,330.13
TOTAL 66,735,943.93 94,444,879.47 27,708,935.54
11,410,512.70 NPV 3,738,689.43
43.63 IRR 22.74%
76,000.0 BCR 1.11

193.77
261,533.91
 10% increase in cost

Discounted Discounted Year Cost

Cost Benefit
0.16 0.16
14,726,331.10 0 14,726,331.10
3,934,041.27 6,813,793.10 1 4,780,796.82
3,520,785.04 6,167,657.55 2 4,963,166.84
3,152,261.80 5,582,793.47 3 5,154,655.35
2,823,464.83 5,053,390.64 4 5,355,718.29
2,529,967.65 4,574,189.81 5 5,566,834.37
2,267,854.49 4,140,430.43 6 5,788,506.26
2,033,659.29 3,747,803.40 7 6,021,261.75
1,824,312.27 3,392,408.25 8 6,265,655.01
1,637,092.98 3,070,714.37 9 6,522,267.93
1,469,589.20 2,779,525.94 10 6,791,711.49
39,919,359.92 45,322,706.97 TOTAL 71,936,905.21

10% decrease in benefit

Discounted Discounted
Cost Benefit Year Cost
0.16 0.16
14,726,331.10 0 14,726,331.10
3,746,705.98 6,473,103.45 1 4,346,178.93
3,353,128.61 5,859,274.67 2 4,511,969.85
3,002,154.09 5,303,653.80 3 4,686,050.32
2,689,014.12 4,800,721.11 4 4,868,834.81
 2,409,493.00 4,345,480.32 5 5,060,758.52
2,159,861.42 3,933,408.91 6 5,262,278.42
1,936,818.38 3,560,413.23 7 5,473,874.32
1,737,440.25 3,222,787.84 8 5,696,050.00
1,559,136.17 2,917,178.65 9 5,929,334.48
1,399,608.76 2,640,549.64 10 6,174,283.18
38,719,691.88 43,056,571.62 TOTAL 66,735,943.93
 Benefit Net Revenue Discounted Discounted
Cost Benefit
0.16 0.16
(14,726,331.10) 14,726,331.10
7,904,000.00 3,123,203.18 4,121,376.57 6,813,793.10
8,299,200.00 3,336,033.16 3,688,441.47 6,167,657.55
8,714,160.00 3,559,504.65 3,302,369.50 5,582,793.47
9,149,868.00 3,794,149.71 2,957,915.53 5,053,390.64
9,607,361.40 4,040,527.03 2,650,442.30 4,574,189.81
10,087,729.47 4,299,223.21 2,375,847.56 4,140,430.43
10,592,115.94 4,570,854.20 2,130,500.21 3,747,803.40
11,121,721.74 4,856,066.74 1,911,184.28 3,392,408.25
11,677,807.83 5,155,539.90 1,715,049.79 3,070,714.37
12,261,698.22 5,469,986.73 1,539,569.64 2,779,525.94
99,415,662.60 27,478,757.39 41,119,027.96 45,322,706.97
NPV 3,623,861.22
IRR 22.53%
BCR 1.10

Discounted Discounted
Benefit Net Revenue Cost Benefit
0.16 0.16
-14,726,331.10 14,726,331.10
7,113,600.00 2,767,421.07 3,746,705.98 6,132,413.79
7,469,280.00 2,957,310.15 3,353,128.61 5,550,891.80
7,842,744.00 3,156,693.68 3,002,154.09 5,024,514.13
8,234,881.20 3,366,046.39 2,689,014.12 4,548,051.58
 8,646,625.26 3,585,866.74 2,409,493.00 4,116,770.83
9,078,956.52 3,816,678.10 2,159,861.42 3,726,387.39
9,532,904.35 4,059,030.03 1,936,818.38 3,373,023.06
10,009,549.57 4,313,499.56 1,737,440.25 3,053,167.43
10,510,027.04 4,580,692.57 1,559,136.17 2,763,642.93
11,035,528.40 4,861,245.22 1,399,608.76 2,501,573.34
89,474,096.34 22,738,152.41 38,719,691.88 40,790,436.27
NPV 1,785,124.48
IRR 19.30%
BCR 1.05