2012 investment project of wasteless timber processing production in vokhma municipal district
TRANSCRIPT
2012
Investment project of wasteless timber processing production in
Vokhma municipal district
Brief information about the project
2
Project target – the construction of the enterprise of the closed production cycle: timber harvesting – sawmilling – processing of wood waste. Wood harvesting is planned to be set in Vokhma and Oktyabrsky municipal districts of the Kostroma region. Planning period - 8 years. Start of production is scheduled for the first year of project realization.
Production plan of the investment project includes the following products: coniferous edging board; boards; birch edging board; aspen edging board; deciduous sawlog;
firewood; fuel granules.
Project value – 403 941,75 thousand roubles (excluding VAT)
Financial sources:100% of credit resources
Location
3
For project realization there is an investment site with objects of real estate and some equipment
Annual logging volume for project realization – 180 000 m3
Personnel – 150 workers
Average salary – from 26 thousand roubles
Payback period – 3 years
Kostroma region administration is ready to provide the most favoured nation treatment for the investment project in part of exemption from payment of the following taxes payable to the regional budget during the payback period:
- exemption from payment of property tax;- reduction of the rate of profit tax from 18% to 13,5%.
Brief information about the project
Project efficiency indicators
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IndicatorWith privileges, thousand
roublesWithout privileges, thousand roubles
Revenue (excluding VAT) 3 603 397,72 3 603 397,72
Paid for suppliers and employees 1 461 831,40 1 461 831,40
EBITDA 2 141 566,32 2 141 566,32
Depreciation 305 484,72 305 484,72
Paid taxes 464 722,07 484 996,85
Interests on loans 178 854,17 178 854,17
Net profit 1 192 505,36 1 172 230,58
NPV 283 717,78 266 798,79
IRR, % 26,15 25,14
Project economic efficiency
Project efficiency indicators
5
IndicatorWith privileges, thousand
roublesWithout privileges, thousand roubles
Federal budget, including 456 449,63 456 153,16
VAT 426 847,4 426 847,4
Profit tax 29 602,23 29 305,76
Regional budget, including 322 251,94 342 823,2
Profit tax 258 003, 96 263 751,88
PIT 41 526,32 41 526,32
Property tax 22 721,66 37 545
Municipal budget, including 18 734,69 18 734,69
PIT 17 796,99 17 796,99
Land tax 937,7 937,7
Social payments 153 456,5 153 456,5
Total 950 892,76 971 167,55
Project budgetary efficiency
Project efficiency indicators
6