Asia General Contracting

CONSTRUCTION OF AUXILIARY BUILDINGS AND OTHER FACILITIES (OSBL)

Interest Costs as a consequence of delayed certification from the CRISTAL
8/2/2015

Request for
Interim
Payment A B C D E F G H

SL No. Invoice Net Certified Payment Contract Time for Actual Date of Payment Finance Monthly Finance Monthly Finance Cost
Submition Payment (Cl. 60.10 and Payment Delays (%) Cost (Compound Interest;
Date item 9 of CA) (Simple Interest) Daily)

A + 30 days D-C B*(E/365)*(F/100)

TOTAL TOTAL
SAR 430,906.95 SAR 436,168.27

Advanc 20-Mar-2014 SAR 13,301,580.00 3 April 2014 31 August 2014 150 6.750 SAR 368,982.18 SAR 374,112.50

1 3-Jun-2014 SAR 2,679,178.53 3 July 2014 21 July 2014 18 6.750 SAR 8,918.36 SAR 8,932.39

2 4-Aug-2014 SAR 804,885.55 3 September 2014 16 September 2014 13 6.750 SAR 1,935.03 SAR 1,937.18

3 14-Aug-2014 SAR 2,778,419.40 13 September 2014 16 September 2014 3 6.750 SAR 1,541.45 SAR 1,541.74

4 18-Sep-2014 SAR 1,886,381.18 18 October 2014 28 October 2014 10 6.750 SAR 3,488.51 SAR 3,491.42

5 15-Oct-2014 SAR 1,930,547.31 14 November 2014 24 November 2014 10 6.750 SAR 3,570.19 SAR 3,573.16

6 19-Nov-2014 SAR 1,879,256.53 19 December 2014 14 December 2014 0 6.750 SAR - SAR -

7 8-Dec-2014 SAR 6,634,094.42 7 January 2015 5 January 2015 0 6.750 SAR - SAR -

8 28-Dec-2014 SAR 3,535,754.56 27 January 2015 22 January 2015 0 6.750 SAR - SAR -

9 1-Feb-2015 SAR 3,734,158.92 3 March 2015 2 March 2015 0 6.750 SAR - SAR -

10 11-Mar-2015 SAR 6,027,898.26 10 April 2015 20 April 2015 10 6.750 SAR 11,147.48 SAR 11,156.76

11 5-Apr-2015 SAR 3,628,606.19 5 May 2015 4 May 2015 0 6.750 SAR - SAR -

12 29-Apr-2015 SAR 2,501,894.16 29 May 2015 8 June 2015 10 6.750 SAR 4,626.79 SAR 4,630.64

13 27-May-2015 SAR 2,538,874.17 26 June 2015 17 July 2015 21 6.750 SAR 9,859.87 SAR 9,878.13

14 27-Jun-2015 SAR 2,144,109.80 27 July 2015 18 August 2015 22 6.750 SAR 8,723.30 SAR 8,740.26

VO 1 29-Apr-2015 SAR 541,660.29 29 May 2015 18 August 2015 81 6.750 SAR 8,113.77 SAR 8,174.09

28 June 2015
VO 2 29-May-2015 SAR 19,259.65 18 August 2015 51 6.750 SAR 181.65 SAR 182.49

25 August 2015
15 26-Jul-2015 SAR 1,608,081.81 18 August 2015 0 6.750 SAR - SAR -

16 30-Aug-2015 SAR 1,493,723.79 29 September 2015 2 November 2015 34 6.750 SAR 9,392.04 SAR 9,420.76

17 12-Oct-2015 SAR 2,074,327.69 11 November 2015 13 December 2015 32 7.750 SAR 14,094.06 SAR 14,140.55

18 10-Nov-2015 SAR 814,745.02 10 December 2015 13 December 2015 3 8.750 SAR 585.95 SAR 586.09

19 1-Dec-2015 SAR - 31 December 2015 0 9.750 SAR - SAR -

6.750

TOTAL SAR 430,906.95 SAR 436,168.27

453819643.xlsx Accrued Interest - Payment 1 of 4

 Planned
Actual
PAYMENT DELAY PROGRAMME EOT
12-Dec-15

SL Contract Period Actual Date of Payment

No. ( Invoice - Payment ) Delay Mar-14 Apr-14 May-14 Jun-14 Jul-14 Aug-14 Sep-14 Oct-14 Nov-14 Dec-14 Jan-15 Feb-15 Mar-15 Apr-15 May-15 Jun-15 Jul-15 Aug-15 Sep-15 Oct-15 Nov-15 Dec-15

Start Finish Start Finish Days 10 20 30 10 20 30 10 20 30 10 20 30 10 20 30 10 20 30 10 20 30 10 20 30 10 20 30 10 20 30 10 20 30 10 20 30 10 20 30 10 20 30 10 20 30 10 20 30 10 20 30 10 20 30 10 20 30 10 20 30 10 20 30 10 20 30

150 days EOT

Adv 20-Mar-14 03-Apr-14 03-Apr-14 31-Aug-14 150 Entitlement

18 days EOT
1 03-Jun-14 03-Jul-14 03-Jul-14 21-Jul-14 18 Entitlement

13 days EOT
2 04-Aug-14 03-Sep-14 03-Sep-14 16-Sep-14 13 Entitlement

3 days EOT
3 14-Aug-14 13-Sep-14 13-Sep-14 16-Sep-14 3 Entitlement

10 days EOT
4 18-Sep-14 18-Oct-14 18-Oct-14 28-Oct-14 10 Entitlement

10 days EOT
5 15-Oct-14 14-Nov-14 14-Nov-14 24-Nov-14 10 Entitlement

0 days EOT
6 19-Nov-14 19-Dec-14 19-Dec-14 14-Dec-14 0 Entitlement

0 days EOT
7 08-Dec-14 07-Jan-15 07-Jan-15 05-Jan-15 0 Entitlement

0 days EOT
8 28-Dec-14 27-Jan-15 27-Jan-15 22-Jan-15 0 Entitlement

0 days EOT
9 01-Feb-15 03-Mar-15 03-Mar-15 02-Mar-15 0 Entitlement

10 days EOT
10 11-Mar-15 10-Apr-15 10-Apr-15 20-Apr-15 10 Entitlement

0 days EOT
11 05-Apr-15 05-May-15 05-May-15 04-May-15 0 Entitlement

10 days EOT
12 29-Apr-15 29-May-15 29-May-15 08-Jun-15 10 Entitlement

21 days EOT
13 27-May-15 26-Jun-15 26-Jun-15 17-Jul-15 21 Entitlement

22 days EOT
14 27-Jun-15 27-Jul-15 27-Jul-15 18-Aug-15 22 Entitlement

81 days EOT
VO 1 29-Apr-15 29-May-15 29-May-15 18-Aug-15 81 Entitlement

51 days EOT
VO 2 29-May-15 28-Jun-15 28-Jun-15 18-Aug-15 51 Entitlement

0 days EOT
15 26-Jul-15 25-Aug-15 25-Aug-15 18-Aug-15 0 Entitlement

34 days EOT
Entitlement
16 30-Aug-15 29-Sep-15 29-Sep-15 02-Nov-15 34

32 days EOT
17 12-Oct-15 11-Nov-15 11-Nov-15 13-Dec-15 32 Entitlement

3 days EOT
18 10-Nov-15 10-Dec-15 10-Dec-15 13-Dec-15 3 Entitlement

19 01-Dec-15 31-Dec-15 31-Dec-15

SL No. Invoice Contract Time for Actual Date of SL No.
Submition Payment (Cl. 60.10 Payment
Date and item 9 of CA)

A + 30 days

Advanc 20-Mar-2014 3 April 2014 31 August 2014 Advanc

1 3-Jun-2014 3 July 2014 21 July 2014 1
2 4-Aug-2014 3 September 2014 16 September 2014 2
3 14-Aug-2014 13 September 2014 16 September 2014 3
4 18-Sep-2014 18 October 2014 28 October 2014 4
5 15-Oct-2014 14 November 2014 24 November 2014 5
6 19-Nov-2014 19 December 2014 14 December 2014 6
7 8-Dec-2014 7 January 2015 5 January 2015 7
8 28-Dec-2014 27 January 2015 22 January 2015 8
9 1-Feb-2015 3 March 2015 2 March 2015 9
10 11-Mar-2015 10 April 2015 20 April 2015 10
11 5-Apr-2015 5 May 2015 4 May 2015 11
12 29-Apr-2015 29 May 2015 8 June 2015 12
13 27-May-2015 26 June 2015 17 July 2015 13
14 27-Jun-2015 27 July 2015 18 August 2015 14
VO 1 29-Apr-2015 29 May 2015 18 August 2015 VO 1
VO 2 29-May-2015 28 June 2015 18 August 2015 VO 2
15 26-Jul-2015 25 August 2015 18 August 2015 15
16 30-Aug-2015 29 September 2015 2 November 2015 16
17 12-Oct-2015 11 November 2015 13 December 2015 17
18 10-Nov-2015 10 December 2015 13 December 2015 18
19 1-Dec-2015 31 December 2015 19
 Invoice Submition Contract Time Actual Date of
Date for Payment (Cl. Payment
60.10 and item 9
of CA)

A + 30 days

20-Mar-14 03-Apr-14 31-Aug-14

03-Jun-14 03-Jul-14 21-Jul-14
04-Aug-14 03-Sep-14 16-Sep-14
14-Aug-14 13-Sep-14 16-Sep-14
18-Sep-14 18-Oct-14 28-Oct-14
15-Oct-14 14-Nov-14 24-Nov-14
19-Nov-14 19-Dec-14 14-Dec-14
08-Dec-14 07-Jan-15 05-Jan-15
28-Dec-14 27-Jan-15 22-Jan-15
01-Feb-15 03-Mar-15 02-Mar-15
11-Mar-15 10-Apr-15 20-Apr-15
05-Apr-15 05-May-15 04-May-15
29-Apr-15 29-May-15 08-Jun-15
27-May-15 26-Jun-15 17-Jul-15
27-Jun-15 27-Jul-15 18-Aug-15
29-Apr-15 29-May-15 18-Aug-15
29-May-15 28-Jun-15 18-Aug-15
26-Jul-15 25-Aug-15 18-Aug-15
30-Aug-15 29-Sep-15 02-Nov-15
12-Oct-15 11-Nov-15 13-Dec-15
10-Nov-15 10-Dec-15 13-Dec-15
01-Dec-15 31-Dec-15