CASH FLOW ANALYSIS

Fixed capital = $500 million

Working capital = $132.00 million
Operating life= 10 years Selling price of methanol = $1,200 per tonne
Production capacity = 600000 t.p.a. Tax rate = 30%
Operating costs= $587.50 million Production rate (% of design capacity)= 100% 600000 tonnes
Annual variable expenses 515.000 million
Annual fixed expenses inclu 72.500 million
Annual depreciation = $50 million

Cash Flow Analysis

All figures are in $millions)

Total annual Depreciation Nominal

capital ACI = AS- (tax) AIT=(ACI- ANCI=ACI- ACF=ANCI-
Year investment ATC AS AFE AVE ATE ATE allowance, ATD ATD)T AIT ATC Sum(ACF)
1 632.000 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -632.00 -632.00
2 0.000 720.00 22.50 515.00 537.50 182.50 50.00 39.75 142.75 142.75 -489.25
3 0.000 720.00 22.50 515.00 537.50 182.50 50.00 39.75 142.75 142.75 -346.50
4 0.000 720.00 22.50 515.00 537.50 182.50 50.00 39.75 142.75 142.75 -203.75
5 0.000 720.00 22.50 515.00 537.50 182.50 50.00 39.75 142.75 142.75 -61.00
6 0.000 720.00 22.50 515.00 537.50 182.50 50.00 39.75 142.75 142.75 81.75
7 0.000 720.00 22.50 515.00 537.50 182.50 50.00 39.75 142.75 142.75 224.50
8 0.000 720.00 22.50 515.00 537.50 182.50 50.00 39.75 142.75 142.75 367.25
9 0.000 720.00 22.50 515.00 537.50 182.50 50.00 39.75 142.75 142.75 510.00
10 0.000 720.00 22.50 515.00 537.50 182.50 50.00 39.75 142.75 142.75 652.75
11 -132.000 720.00 22.50 515.00 537.50 182.50 50.00 39.75 142.75 274.75 927.50
500.00

Year Sum(ACF) 1200

0 0 1000
1 -632.00
800
2 -489.25
3 -346.50 600
4 -203.75 400
5 -61.00
ACF

200
6 81.75
0
7 224.50 0 1 2 3 4 5 6 7 8 9 10 11 12
8 367.25 -200
9 510.00 -400
Payback period
10 652.75 -600
11 927.50
-800
Year