End of

Investment

year

(2)

dk

FCIL-dk

COMd

After Tax

Cash Flow

Cash Flow

(k)

Cumulative
Cash Flow

(R-COMdk)x(1-t)+dk

(32,246,896.91

1,105,303,

(7)
-

)
(1,326,364,038

365
1,105,303,

.91)
(1,105,303,

91)
(1,137,550,2

)
-

221,060,673

365
884,242,69

220,097,04

6,246,768,

(5,089,511,

365)
(5,089,511,

62)
(6,227,061,8

353,697,076.8

2
530,545,61

3.50
220,097,04

479
6,246,768,

619)
(5,069,616,

619)
(5,069,616,

81)
(1.130 x

530,545,615.2

5.2
0.0

3.50
220,097,04

479
6,246,768,

159)
(5,043,088,

159)
(5,043,088,

1010)
(1.634 x

0.0

3.50
220,097,04

479
6,246,768,

929)
(5,122,670,

929)
(5,122,670,

1010)
(2.146 x

0.0

3.50
220,097,04

479
6,246,768,

720)
(5,122,670,

720)
(5,122,670,

1010)
(2.659 x

0.0

3.50
220,097,04

479
6,246,768,

720)
(5,122,670,

720)
(5,122,670,

1010)
(3.171 x

0.0

3.50
220,097,04

479
6,246,768,

720)
(5,122,670,

720)
(5,122,670,

1010)
(3.683 x

0.0

3.50
220,097,04

479
6,246,768,

720)
(5,122,670,

720)
(5,122,670,

1010)
(4.195 x

0.0

3.50
220,097,04

479
6,246,768,

720)
(5,122,670,

720)
(5,122,670,

1010)
(4.708 x

3.50

479

720)

720)

1010)

4
5
6
7
8
9
10

0
-

(32,246,896

(32,246,896.

11

253,307,569.9

0.0

220,097,04

6,246,768,

(5,122,670,

(4,869,363,

(5.195 x

3.50

479

720)

150)

1010)

Cash Flow

Cumulative

Table 6.0: Non-discounted After-Tax Cash Flows (PAGE 133)

Assume discounted rate of 0.1 (10% p.a)

The revenue is assumed to be $7,500,000,000 /y

Table 6.3:Non-discounted After-Tax Cash Flows (PAGE 140)

End of

Investment

year

(2)

dk

FCIL-dk

COMd

After Tax
Cash Flow

(k)

Cash Flow

(R-COMdk)x(1-t)+dk

(32,246,896.91

1,105,303,

(7)
-

(32,246,896

(32,246,896.

)
(1,326,364,038

365
1,105,303,

.91)
(1,105,303,

91)
(1,137,550,2

)
-

221,060,673

365
884,242,69

7,500,000,0

6,246,768,

1,098,405,8

365)
1,098,405,8

62)
(39,144,368)

00
7,500,000,0

479
6,246,768,

94
1,118,301,3

94
1,118,301,3

1,079,156,9

00
7,500,000,0

479
6,246,768,

54
1,144,828,6

54
1,144,828,6

86
2,223,985,6

353,697,076.8

2
530,545,61

530,545,615.2

5.2
0.0

0
-

0.0

00
7,500,000,0

479
6,246,768,

35
1,065,246,7

35
1,065,246,7

21
3,289,232,4

0.0

00
7,500,000,0

479
6,246,768,

93
1,065,246,7

93
1,065,246,7

14
4,354,479,2

479
6,246,768,

93
1,065,246,7

93
1,065,246,7

07
5,419,726,0

0.0

00
7,500,000,0

0.0

00
7,500,000,0

479
6,246,768,

93
1,065,246,7

93
1,065,246,7

00
6,484,972,7

0.0

00
7,500,000,0

479
6,246,768,

93
1,065,246,7

93
1,065,246,7

93
7,550,219,5

10

0.0

00
7,500,000,0

479
6,246,768,

93
1,065,246,7

93
1,065,246,7

86
8,615,466,3

11

253,307,569.9

0.0

00
7,500,000,0

479
6,246,768,

93
1,065,246,7

93
1,318,554,3

79
9,934,020,7

00

479

93

63

42

Assume discounted rate of 0.1 (10% p.a)

Table 6.2: Discounted Cash Flow (PAGE 136)

End of Year

Non-discounted Cash Flow

Discounted Cash Flow

Cumulative Discounted Cash

0
1

(32,246,896.91)
(1,105,303,365)

(32,246,896.91)
(1,105,303,365)/1.11=(1,004,8

Flow
(32,246,896.91)
(1,037,068,138)

(5,089,511,619)

21,241)
(5,089,511,619)/1.12=(4,206,2

(5,243,276,088)

(5,069,616,159)

07,950)
(5,069,616,159)/1.13=(3,808,8

(9,052,153,743)

(5,043,088,929)

77,655)
(5,043,088,929)/1.14=(3,444,4

(1.230 x 1010)

(5,122,670,720)

97,595)
(5,122,670,720)/1.15=(3,180,7

(1.548 x 1010)

(5,122,670,720)

75,481)
(5,122,670,720)/1.16=(2,891,6

(1.837 x 1010)

(5,122,670,720)

14,074)
(5,122,670,720)/1.17=(2,628,7

(2.100 x 1010)

(5,122,670,720)

40,067)
(5,122,670,720)/1.18=(2,389,7

(2.339 x 1010)

(5,122,670,720)

63,697)
(5,122,670,720)/1.19=(2,172,5

(2.556 x 1010)

10

(5,122,670,720)

12,452)
(5,122,670,720)/1.110=(1,975,

(2.754 x 1010)

11

(4,869,363,150)

011,320)
(4,869,363,150)/1.111=(1,706,

(2.925 x 1010)

4
5

682,078)

Assume discounted rate of 0.1 (10% p.a)

The revenue is assumed to be $7,500,000,000 /y

Table6. 4: Discounted Cash Flow (PAGE 144)

End of Year

Non-discounted Cash Flow

Discounted Cash Flow

Cumulative Discounted Cash

0
1

(32,246,896.91)
(1,105,303,365)

(32,246,896.91)
(1,105,303,365)/1.11=(1,004,8

Flow
(32,246,896.91)
(1,037,068,138)

1,098,405,894

21,241)
1,098,405,894/1.12=907,773,4

(129,294,671.9)

1,118,301,354

66.1
1,118,301,354/1.13=840,196,3

710,901,687.2

1,144,828,635

59.10
1,144,828,635/1.14=781,933,3

1,492,835,049

1,065,246,793

61.8
1,065,246,793/1.15=661,434,4

2,154,269,497

1,065,246,793

48.1
1,065,246,793/1.16=601,304,0

2,755,573,541

1,065,246,793

43.7
1,065,246,793/1.17=546,640,0

3,302,213,581

1,065,246,793

39.7
1,065,246,793/1.18=496,945,4

3,799,159,071

1,065,246,793

90.7
1,065,246,793/1.19=451,768,6

4,250,927,699

10

1,065,246,793

27.9
1,065,246,793/1.110=410,698,

4,661,626,452

11

1,318,554,363

752.6
1,318,554,363/1.111=418,355,

5,079,981,750

4
5

298.3