Assumptions
General | Base Assumption | Assumption Used | Comments/Other | Source | Date | Reference Document | Sign-off | Actions | |
Key Variables | |||||||||
CPI Rate | 2.5% | 2.5% | Source:[ DTF ] | DTF | 14-Mar-02 | Report | Yes | ||
Discount Rate (real) | 5.0% | 5.0% | Source:[ DTF ] | DTF | 6-Feb-02 | Report | Yes | ||
Discount Rate (nominal) | 7.62% | 7.62% | |||||||
Cashflows discounted back to | 1-Jul-02 | 1-Jul-02 | 11-Nov-01 | Report | No | Seek confirmation | |||
General | |||||||||
No. of months per period | 12.00 | 12.00 | |||||||
Capital Costs | Base Assumption | Assumption Used | CPI +/- | Comments/Other | Source | Date | Reference Document | Sign-off | Actions |
Timing | |||||||||
Start Date | 30-May-02 | 30-May-02 | Project Brief | 11-Nov-01 | Report | No | Seek confirmation | ||
Direct Costs | |||||||||
Project Design | 500 | 500 | 0.00% | Technical (Capital Cost) Advisor | 14-Dec-01 | Report | Yes | ||
Land acquisition and development | 5,000 | 5,000 | 0.00% | Based on market value | Technical (Capital Cost) Advisor | 14-Dec-01 | Report | Yes | |
D&C contract price | 150,000 | 150,000 | 0.00% | Technical (Capital Cost) Advisor | 18-Jan-02 | Yes | |||
Payments to Consultants | 1,000 | 1,000 | 0.00% | Assume [ ]% of construction cost | Technical (Capital Cost) Advisor | 14-Dec-01 | Report | Yes | |
Acquisition of plant and equipment | 50,000 | 50,000 | 0.00% | Assumes AUD/USD exchange rate of 0.57 | Technical (Capital Cost) Advisor | 14-Dec-01 | Report | Yes | |
Capital improvements to existing facilities | 15,000 | 15,000 | 0.00% | Assumes 10% of D&C contract price | Technical (Capital Cost) Advisor | 18-Jan-02 | Yes | ||
Required through-life capital expenditure | 40,000 | 40,000 | 0.00% | Applied equally in years 5, 8 and 11 (3 year capital cycle) | Technical (Capital Cost) Advisor | 18-Jan-02 | Yes | ||
Indirect Costs | |||||||||
Construction overheads (annual) | 1,000 | 1,000 | 0.00% | Technical (Capital Cost) Advisor | 18-Jan-02 | Report | Yes | ||
Operating and Maintenance Costs | Base Assumption | Assumption Used | CPI +/- | Comments/Other | Source | Date | Reference Document | Sign-off | Actions |
Timing | |||||||||
Start Date | 1-Jul-04 | 1-Jul-04 | DTF | 11-Nov-01 | Report | No | Seek confirmation | ||
Duration Years | 10 | 10 | DTF | 11-Nov-01 | Report | No | Seek confirmation | ||
End Date | 30-Jun-14 | 30-Jun-14 | |||||||
Maintenance costs | |||||||||
Maintenance and repairs | 4,000 | 4,000 | 1.00% | Technical (Capital Cost) Advisor | 1-Feb-02 | Fax | Yes | ||
Direct operating costs | |||||||||
Cost of materials | 1,500 | 1,500 | 0.00% | Assumes [ ] % of capital cost | Technical (Operating cost) Advisor | 1-Feb-02 | Fax | Yes | |
Wages and salaries | 5,000 | 5,000 | 1.00% | Assumes 100 EFT @ $50,000 p.a. | Technical (Operating cost) Advisor | 1-Feb-02 | Fax | Yes | |
Other employee costs | 1,000 | 1,000 | 1.00% | Assumes [ ]% of wages and salaries | Technical (Operating cost) Advisor | 1-Feb-02 | Fax | Yes | |
Electricity, etc | 2,000 | 2,000 | 0.00% | Assumes $[ ] per unit of electricity, $[ ] per unit of gas etc | Technical (Operating cost) Advisor | 1-Feb-02 | Fax | Yes | |
Direct management costs | 1,000 | 1,000 | 0.00% | Technical (Operating cost) Advisor | 1-Feb-02 | Fax | Yes | ||
Insurance | 1,250 | 1,250 | 0.00% | DTF | 28-Feb-02 | Yes | |||
Indirect operating costs | |||||||||
Operating overheads (annual) | 200 | 200 | 0.00% | Based on [ ] sqm | Technical (Operating cost) Advisor | 1-Feb-02 | Fax | Yes | |
Administrative overheads | 500 | 500 | 1.00% | Based on [ ] of staff | Technical (Operating cost) Advisor | 1-Feb-02 | Fax | Yes | |
Indirect capital cost allocation | 100 | 100 | 0.00% | Based on historical data and projected costs | Technical (Operating cost) Advisor | 1-Feb-02 | Fax | Yes | |
Third-party revenue | |||||||||
Third-party revenue expected | 5,000 | 5,000 | 0.00% | Includes car parking and retail revenue | Technical (Operating cost) Advisor | 1-Feb-02 | Fax | No | |
Base Assumption | Assumption Used | Unit | Comments/Other | Source | Date | Reference Document | Sign-off | Actions | |
Land Tax | |||||||||
Base | 0.06 | 0.06 | $'000 | $60 on land value to $200,000 | Technical (Capital Cost) Advisor | 5-Dec-01 | Yes | ||
Threshold | 200 | 200 | $'000 | Technical (Capital Cost) Advisor | 5-Dec-01 | Yes | |||
Excess | 0.002 | 0.002 | $ | 0.2 cents for each dollar in excess of $200,000 | Technical (Capital Cost) Advisor | 5-Dec-01 | Yes | ||
Local government rates | 0.009 | 0.009 | $ | 0.8725 cents per dollar of the value of the property | Technical (Capital Cost) Advisor | 5-Dec-01 | Yes | ||
Stamp duty | 5.68% | 5.68% | %p.a | Based on the stamp duty rates payable on the value of the land | Technical (Capital Cost) Advisor | 5-Dec-01 | Yes | ||
Payroll tax | 7.00% | 7.00% | %p.a | 7% of wages and salaries per year | Technical (Operating cost) Advisor | 5-Dec-01 | Yes | ||
Sensitivity Analysis | Base Assumption | Assumption Used | Comments/Other | Source | Date | Reference Document | Sign-off | Actions | |
Capital Expenditure | 0.00% | 0.00% | |||||||
Operating Expenditure | 0.00% | 0.00% | |||||||
Discount rate | 0.00% | 0.00% | |||||||
Inflation rate | 0.00% | 0.00% | |||||||
Maintenance/Refurbishment | 0.00% | 0.00% | |||||||