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    Income Statement

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    Chille Nchimunya Bwalya
    The income statement shows the projected revenues and expenses over 5 years for a tyre pyrolysis project. In year 1, the project is expected to generate $38.7 million in revenue and $5.5 million in expenses, resulting in a $13.8 million profit before tax. Profits are projected to increase each year as production capacity expands from 50% in year 1 to 90% in year 5. The main revenue sources are oil, light oil, carbon black, and steel wire generated from tyre pyrolysis. Expenses include staff salaries, utilities, maintenance, depreciation, and taxes. By year 5, the project is expected to earn $18.1 million in annual profit after taxes.

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    Income Statement

    Uploaded by

    Chille Nchimunya Bwalya
    8 views2 pages
    The income statement shows the projected revenues and expenses over 5 years for a tyre pyrolysis project. In year 1, the project is expected to generate $38.7 million in revenue and $5.5 million in expenses, resulting in a $13.8 million profit before tax. Profits are projected to increase each year as production capacity expands from 50% in year 1 to 90% in year 5. The main revenue sources are oil, light oil, carbon black, and steel wire generated from tyre pyrolysis. Expenses include staff salaries, utilities, maintenance, depreciation, and taxes. By year 5, the project is expected to earn $18.1 million in annual profit after taxes.

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    Income Statement

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    The income statement shows the projected revenues and expenses over 5 years for a tyre pyrolysis project. In year 1, the project is expected to generate $38.7 million in revenue and $5.5 million in expenses, resulting in a $13.8 million profit before tax. Profits are projected to increase each year as production capacity expands from 50% in year 1 to 90% in year 5. The main revenue sources are oil, light oil, carbon black, and steel wire generated from tyre pyrolysis. Expenses include staff salaries, utilities, maintenance, depreciation, and taxes. By year 5, the project is expected to earn $18.1 million in annual profit after taxes.

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    © All Rights Reserved
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    8 views2 pages

    Income Statement

    Uploaded by

    Chille Nchimunya Bwalya
    The income statement shows the projected revenues and expenses over 5 years for a tyre pyrolysis project. In year 1, the project is expected to generate $38.7 million in revenue and $5.5 million in expenses, resulting in a $13.8 million profit before tax. Profits are projected to increase each year as production capacity expands from 50% in year 1 to 90% in year 5. The main revenue sources are oil, light oil, carbon black, and steel wire generated from tyre pyrolysis. Expenses include staff salaries, utilities, maintenance, depreciation, and taxes. By year 5, the project is expected to earn $18.1 million in annual profit after taxes.

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    of 2

    Income Statement (Values in US$)

    Year 1 2 3 4 5

    TYRE PYROLYSIS PROJECT 1 1 1 1 1


    AT 100%
    50% 60% 70% 80% 90%
    PRODUCTION CAPACITY CAPACITY
    PRODUCTS:

    Oil Yield@$0.85 (40% - 50%) 45% = $26,775,000


    31.5mKg 0.85 X 31,500,000

    Light Oil@$0.85 (5% - 10%) 10% = 7mKg $5,950,000


    0.85 X 7,000,000

    Carbon Black@$196.1/ton (35% - 40%) 38% $5,216,260


    = 26.6mKg 196.1 X 26,600

    Steel Wire@$71.9/ton 15% = 10.5mKg 71.9 $754,950


    X 10500

    Syngas (3% - 5%) 5% = 3.5mKg. Not to be


    sold, but to power equipment

    Gross Revenue (USD) US$38,696,210.00 US$19,348,105.00 US$23,217,726.00 US$27,087,347 US$30,956,968.00 US$34,826,589.00


    EXPENDITURES

    Installation staff on site @120/day 32,400.00 - - - -


    from Equipment Producers
    Freight 126,000.00 - - - -

    Customs Duties and Clearing costs 50,000.00 - - - -


    Salaries 100,620.00 115,713.00 133,070 153,030 175,985
    19,231.00 24,150 27,775 31,940 36,740
    Travels and Training

    Licensing Costs (DPR) 200,000.00 50,000 50,000 50,000 50,000


    Licensing Costs: * a. NEPA b.
    100,000.00 20,000 20,000 20,000 20,000
    NESREA
    Installation & Testing 80,000.00 - - - -
    Utilities 10,000.00 11,500 13,225 15,210 17,500
    Government Levies 10,000.00 11,500 13,225 15,210 17,500
    Maintenance 75,000.00 86,250 99,200 114,100 131,215
    10,000.00 11,500 13,225 15,210 17,500
    Office Running Costs
    Fueling for Vehicles 21,000 24,150 27,775 31,940 36,740

    General Overhauling - - - - 1,500,000.00

    Stock/ Raw Materials One Year 3,213,000.00 3,694,950 4,249,193 4,886, 572 5, 619,558

    1,480,496.00 1,480,496.00 1,480,496.00 1,306,496.00


    Depreciation 1,480,496.00

    Total Expenses 5,527, 747 5, 530,209 6,127,184.00 6,813,708.00 8,929,234.00


    Profit Before Tax 13, 820,358 17, 687,517 20,960,163 24,143,260 25,897,355
    4,146,107.00 5,306, 255 7,242,978.00 7,769,207.00
    Tax (30%) 6,288,049.00

    Profit After Tax 9, 674,251 12,381,262.00 14,672,114.00 16,900,282.00 18,128,148.00

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