hnxash001 economics tutorial

8/17/2019 HNXASH001 Economics Tutorial

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1 CAPEX (Six Tenths Rule) 2 CAPEX (Step Counting)Dollar to Rand R 15.47 NC1 $ 2,750,000 QS2 250000 C ($)

S1 50000 C (1998)n 0.6 CEPCI (1998)C2 (2004) $ 7,222,951 CEPCI (2015, a!)

CEPCI (2004) 444.2 C (2015)

CEPCI (2015, a!)

560.7

C2 (2015)

$ 9,117,"10C2 (2015) R 141,044,778OPEX (Heuristics)

R 25,000,000R #

C %&' al En 'n%%r R 272,110

Prod* t'on + %rator R 967,488

a'nt%nan % S* %r-' or R 2"7,245

Prod* t'on /or%&an R 1,017,952R 2,494,795

R ",500,000C+ R 61,100,714

1

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2

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CAPEX (*et!ile" +!ctori!ls)1 ?%at E an %r (E#200) $ 27",000

250000 Pr% *r% @% %l (C#200) $ "20,000$ 29,2"2,176 Pr% *r% @% %l (@#200) $ 88,000

R 452,221,759 Pr% *r% @% %l (@#201) $ 60,000"89.5 Plat% A /ra&% (/#200) $ 92,016560.7 C%ntr'3* al CS (B#200) $ 276,998

R 650,990,"47 PEC (2004) $ 1,110,015

CEPCI (2004, %ar)

444.2

CEPCI (2015, a!)

560.7PEC (2015) $ 1,401,1"7

PPC $ 4,76",867.07

/' %d Ca 'tal ($) $ 6,907,607.25/' %d Ca 'tal (R) R 106,860,684

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CEPCI#2015

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CAPEX (Piping +!ctori!ls)

P' 'n ($) $980,796 inclu"e ! contr!ctorP' 'n (R) R 15,9"1,562

ultipl$ .$ 1/0, not 1/0

% a % % % t t % ' 'n to o t &or% and t ' ' t *a ;ar a'n


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s fee of ,- for inst!ll!tion


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CarbonSteel


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tt .r';d. o& d

o 121019752 CEPCI


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tt. %&%nonl'n%. o& %t/'l% CEP

CI 2002.d3


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Profit!.ilit$ An!l$sis *iscounte" C!sh +lo% An!l$sisD% r% 'ta'on ( %ar ) 5 0S ra @al*% ( ) 10 R%-%n*%a Rat% ( ) 28 + %r%rat'n Co t

E alat'on ( ) 5.2" Fro Pro3'tD' o*nt Int%r% t Rat% ( ) 24 D% r% 'at'onotal Ca 'tal R 122,889,787 N%t Pro3't

/' %d Ca 'tal R 106,860,684 Ca /lo R 0orG'n Ca 'tal R 16,029,10" D' o*nt%d C/ R 0

CC/ R 0R%-%n*% R 87,500,000 DCC/ R 0+P Co t R 61,100,714/C R 19,718,910

@C R 41,024,486D% r% 'at'on R 19,2"4,92"

R+I ( ) 17." onl$ st!rt fro $e!r Pa!;a G P%r'od ( %ar ) ".46 onl$ t! e !#er!ges fro the posiNP@ (Rand ) #R 26,"28,61"

IRR (Rand ) ".16

Co

Sensiti#it$IRR ( ) Rat'o

0.860.890.91

".16 11.061.141.29

tt .'n3lat'on.%* 'n3lat'on#rat% o*t #

a3r' a ' tor' #'n3lat'on '#'n3lat'on# o*t #

a3r' a#2015.a

Ha %d on t % lot t % IRR a %arr' % t an ' %r on% o 'n to

lo %r r'

% o t -% t * t % *t an t % &'n'&*& a % ta;l% r%tt an t % 2016 S 'n3lat'on rat% o3

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7 8 9 10 11 12R 125,021,598 R 1"1,560,228 R 1"8,440,828 R 145,681,28" R 15","00,414 R 161,"18,026

R 87,"01,815 R 91,867,700 R 96,672,"81 R 101,728,"47 R 107,048,7"9 R 112,647,"88R "7,719,78" R "9,692,527 R 41,768,447 R 4",952,9"6 R 46,251,675 R 48,670,6"7R 19,2"4,92" R 0 R 0 R 0 R 0 R 0R 1","09,099 R 28,578,620 R "0,07",281 R "1,646,114 R "","01,206 R "5,042,859R "2,544,022 R 28,578,620 R "0,07",281 R "1,646,114 R "","01,206 R "5,042,859

R 7,219,705 R 5,112,906 R 4,""8,960 R ",682,167 R ",124,794 R 2,651,791R 18,"17,771 R 46,896,"90 R 76,969,672 R 108,615,786 R 141,916,992 R 176,959,851

#R 45,2"9,2"1 #R 40,126,"26 #R "5,787,"66 #R "2,105,198 #R 28,980,404 #R 26,"28,61"


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Cumulative Cash Flow

Discounted CumulativeCash Flow


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hnxash001 economics tutorial

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