pin financial analysis dry ferment smg 600 existing 300 300

8/3/2019 Pin Financial Analysis Dry Ferment Smg 600 Existing 300 300

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RDF CHARATERISTICS

MaterialAmount

(ton/day)Caloric Value

Total Caloric

Value (Kj/day)

Kj/kg

Plastic 47.60 28,632.94 1,362,928,003.50

Textile 31.50 14,852.92 467,866,901.25Rubber 2.10 20,087.18 42,183,078.00

Leather 0.00 20,087.18 0.00

Paper 72.80 12,476.13 908,262,264.00

Wood/Bamboo 30.80 14,902.53 458,998,001.00

Organic waste 37.54 10,067.48 377,943,078.98

Dari Landfill 0.00 18,000.00 0.00

Total 222.34 16,273.12 3,618,181,326.73

3,743 kcal/kg


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Name of Project

Country

GEN. ASSUMPTIONS

Factor Com. Prod. 1

ERs 1

Loan 1

Expected annual distribution of dividends 0%

Expected return on equity 10%

INVESTMENTS

Project start-up 2010

1 Initial Investments (including taxes if any): $Land purchase $ $0Machinery / Equipments $ $2,361,957Buildings $ $1,486,304Furniture & Fittings $ $0Working capital $ $188,329Other $ $266,624

Depreciation Rate 10%

2 Financing:Loan(s) Amount $ $3,872,893Tenor 10 yearsGrace Period 1 years

Interest rate 6.00%

3 Equity: $ $4,303,214Source 1 $ $430,321Source 2 $ $0Others $ $0

Sources & Uses Control

ONLY THE GREEN CELLSPLEASE USE THE AREA AT THE END OF THIS SHEET FOR ADDITION

Kota Semarang Municipal Soli


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O & M COSTS

Project start-up 2010

1 Operating costs (including taxes if any): $Raw Material $Power and Fuel $Labor $Repairs and Maintenance $Selling Expenses $Administration $Other $

2 Insurance: 0.2% of investments

3 Certifications: $ $0

4 Income Tax: 30.00%

5 Carbon costs: $Baseline Study, Monitoring Plan $40,000Validation $20,000Due diligence by WB / CF Unit $120,000Annual Verification $20,000

REVENUES

Start-up 2010

1 Net Revenues

Net Revenues - Recycling materialProduction tonNet Sales Price $

Net Revenues - RDFProduction tonNet Sales Price $

Net Revenues - electricityProduction kwhNet Sales Price $

Net Revenues - Synthetic oilProduction liter


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Net Sales Price $

Net Revenues - Carbon CreditsCarbon generation (tCO2e)Carbon price $9.49 /tCO2e

Net Revenues - CompostProduction tonNet Sales Price $

Net Revenues - Liquid FertilizerProduction tonNet Sales Price $

Net Revenues - Tipping FeeProduction tonNet Sales Price $

2 Extraordinary Net Revenues $

PLEASE USE THE AREA BELOW FOR ADDITIO

T


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2011 2012 2013 2014

$0 $0 $0 $0$0 $3,824,171 $0 $0$0 $843,685 $0 $0$0 $0 $0 $0

$0 $300,000 $0 $0

$0 $4,471,071 $0 $0

$0 $496,786 $0 $0$0 $0 $0 $0$0 $0 $0 $0

HALL BE FILLEDL EXPLANATIONS OR DETAILS, IF NECESSARY

id Waste Project: ,Compost, ,Recycable, Electricity by

Biogas and Pyrolysis

Indonesia

TO BE FILLED ONLY WITH 0 (TO EXCLUDE THE COMPONENT)

OR WITH 1 (TO INCLUDE THE COMPONENT)

OK


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2011 2012 2013 2014 2015 2016

$0 $0 $0 $0 $0 $0$243,956 $243,956 $158,178 $158,178 $158,178 $158,178$419,373 $419,373 $795,881 $795,881 $795,881 $795,881$107,113 $107,113 $246,125 $246,125 $246,125 $246,125

$0 $0 $0 $0 $0 $0$64,444 $64,444 $64,444 $64,444 $64,444 $128,889

$484,578 $484,578 $667,905 $667,905 $667,905 $667,905

$0 $0 $0 $0 $0 $0

2011 2012 2013 2014 2015 2016

5,365.50 5,365.50 9,198.00 9,198.00 9,198.00 9,198.00$75.42 $75.42 $96.40 $96.40 $96.40 $96.40

81,154.47 81,154.47 81,154.47 81,154.47 81,154.47 81,154.47$13.89 $13.89 $13.89 $13.89 $13.89 $13.89

0.00 0.00 25,766,819.20 25,766,819.20 25,766,819.20 25,766,819.20$0.111 $0.111 $0.111 $0.111 $0.111 $0.111

0.00 0.00 0.00 0.00 0.00 0.00


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$0.556 $0.556 $0.556 $0.556 $0.556 $0.556

0 16,218 32,564 45,813 56,691 65,728

17,871.04 17,871.04 34,769.63 34,769.63 34,769.63 34,769.63$79.86 $79.86 $84.83 $84.83 $84.83 $84.83

0.00 0.00 0.00 0.00 0.00 0.00$111.11 $111.11 $111.11 $111.11 $111.11 $111.11

255,500.00 255,500.00 255,500.00 255,500.00 255,500.00 255,500.00$0.00 $0.00 $0.00 $0.00 $0.00 $0.00

$0 $0 $0 $0 $0 $0

AL INFO, IF NECESSARY

BE NEGOTIATED


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2017 2018 2019 2020 2021 2022

$0 $0 $0 $0 $0 $0$158,178 $158,178 $158,178 $158,178 $158,178 $158,178$795,881 $795,881 $795,881 $795,881 $795,881 $795,881$246,125 $246,125 $246,125 $246,125 $246,125 $246,125

$0 $0 $0 $0 $0 $0$128,889 $128,889 $128,889 $128,889 $193,333 $193,333

$667,905 $667,905 $667,905 $667,905 $667,905 $667,905

$0 $0 $0 $0 $0 $0

2017 2018 2019 2020 2021 2022

9,198.00 9,198.00 9,198.00 9,198.00 9,198.00 9,198.00$96.40 $96.40 $96.40 $96.40 $96.40 $96.40

81,154.47 81,154.47 81,154.47 81,154.47 81,154.47 81,154.47$13.89 $13.89 $13.89 $13.89 $13.89 $13.89

25,766,819.20 25,766,819.20 25,766,819.20 25,766,819.20 25,766,819.20 25,766,819.20$0.111 $0.111 $0.111 $0.111 $0.111 $0.111

0.00 0.00 0.00 0.00 0.00 0.00


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$0.556 $0.556 $0.556 $0.556 $0.556 $0.556

73,314 79,743 86,083 91,526 96,224 100,301

34,769.63 34,769.63 34,769.63 34,769.63 34,769.63 34,769.63$84.83 $84.83 $84.83 $84.83 $84.83 $84.83

0.00 0.00 0.00 0.00 0.00 0.00$111.11 $111.11 $111.11 $111.11 $111.11 $111.11

255,500.00 255,500.00 255,500.00 255,500.00 255,500.00 255,500.00$0.00 $0.00 $0.00 $0.00 $0.00 $0.00

$0 $0 $0 $0 $0 $0


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2023 2024 2025 2026 2027 2028

$0 $0 $0 $0 $0 $0$158,178 $158,178 $158,178 $158,178 $158,178 $158,178$795,881 $795,881 $795,881 $795,881 $795,881 $795,881$246,125 $246,125 $246,125 $246,125 $246,125 $246,125

$0 $0 $0 $0 $0 $0$193,333 $193,333 $193,333 $193,333 $193,333 $193,333

$667,905 $667,905 $667,905 $667,905 $667,905 $667,905

$0 $0 $0 $0 $0 $0

2023 2024 2025 2026 2027 2028

9,198.00 9,198.00 9,198.00 9,198.00 9,198.00 9,198.00$96.40 $96.40 $96.40 $96.40 $96.40 $96.40

81,154.47 81,154.47 81,154.47 81,154.47 81,154.47 81,154.47$13.89 $13.89 $13.89 $13.89 $13.89 $13.89

25,766,819.20 25,766,819.20 25,766,819.20 25,766,819.20 25,766,819.20 25,766,819.20$0.111 $0.111 $0.111 $0.111 $0.111 $0.111

0.00 0.00 0.00 0.00 0.00 0.00


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$0.556 $0.556 $0.556 $0.556 $0.556 $0.556

103,856 106,969 109,707 0 0 0

34,769.63 34,769.63 34,769.63 34,769.63 34,769.63 34,769.63$84.83 $84.83 $84.83 $84.83 $84.83 $84.83

0.00 0.00 0.00 0.00 0.00 0.00$111.11 $111.11 $111.11 $111.11 $111.11 $111.11

255,500.00 255,500.00 255,500.00 255,500.00 255,500.00 255,500.00$0.00 $0.00 $0.00 $0.00 $0.00 $0.00

$0 $0 $0 $0 $0 $0


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2029 2030 2031 2032

$0 $0 $0 $0$158,178 $158,178 $158,178 $158,178$795,881 $795,881 $795,881 $795,881$246,125 $246,125 $246,125 $246,125

$0 $0 $0 $0$193,333 $193,333 $193,333 $193,333

$667,905 $667,905 $667,905 $667,905

$0 $0 $0 $0

2029 2030 2031 2032

9,198.00 9,198.00 9,198.00 9,198.00$96.40 $96.40 $96.40 $96.40

81,154.47 81,154.47 81,154.47 81,154.47$13.89 $13.89 $13.89 $13.89

25,766,819.20 25,766,819.20 25,766,819.20 25,766,819.20$0.111 $0.111 $0.111 $0.111

0.00 0.00 0.00 0.00


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$0.556 $0.556 $0.556 $0.556

0 0 0 0

34,769.63 34,769.63 34,769.63 34,769.63$84.83 $84.83 $84.83 $84.83

0.00 0.00 0.00 0.00$111.11 $111.11 $111.11 $111.11

255,500.00 255,500.00 255,500.00 255,500.00$0.00 $0.00 $0.00 $0.00

$0 $0 $0 $0


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Unit 2010 2011

1 Investments: $ $4,303,214 $0Land purchase $ $0 $0Machinery / Equipments $ $2,361,957 $0Buildings $ $1,486,304 $0

Furniture & Fittings $ $0 $0Working capital $ $188,329 $0Other $ $266,624 $0

2 Depreciation: 10% per year $0 $411,4892010 10% per year $411,489

2011 10% per year2012 10% per year2013 10% per year2014 10% per year

3 Operating costs: $ $1,319,465Raw Material $ $0Power and Fuel $ $243,956Labor $ $419,373

Repairs and Maintenance $ $107,113Selling Expenses $ $0

Administration $ $64,444Other $ $484,578

4 Insurance: 0.2% of investments $8,606

5 Certifications: $ $0

6 Financing: CPLTD $0 $387,289Interest $232,374

Amount $ $3,872,893 $0Tenor 10 yearsGrace Period 1 yearsInterest rate 6.00%

1

2010 CPLTD $387,289Interest $232,374

2011 CPLTDInterest

2012 CPLTDInterest

NO INPUT REQUIRED IN THIS SPR

INVESTMENTS AND EXPENSES


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2013 CPLTDInterest

2014 CPLTDInterest

7 Income Tax: 30.00%

8 Carbon costs: $ $0 $0Baseline Study, Monitoring Plan $40,000.00Validation $20,000.00Due diligence by BioCarbon Fund $120,000.00Annual Verification $20,000.00 $0 $0

Unit 2010 2011

1 Net Revenues $2,958,947

Net Revenues - Recycling material $ $404,657production ton 5,366

Sales price $ $75.42

Net Revenues - RDF $ $1,127,145production ton 81,154Sales price $ $13.89

Net Revenues - electricity $ $0Production kwh 0Price $ $0.111

Net Revenues - Synthetic oil $ $0Production liter 0Price $ $0.556

Net Revenues - Carbon Credits $ $0Carbon generation (tCO2e) 0Carbon price $9.49 /tCO2e

Net Revenues - Compost $ $1,427,145Production ton 17,871

Price $ $79.858

Net Revenues - Liquid Fertilizer $0Production ton 0.00Net Sales Price $ $111.11

Net Revenues - Tipping Fee $ $0Production ton 255,500Price $ $0

REVENUES


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2 Extraordinary Net Revenues $ $0


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2012 2013 2014 2015 2016 2017 2018

$4,967,857 $0 $0$0 $0 $0

$3,824,171 $0 $0$843,685 $0 $0

$0 $0 $0$0 $0 $0

$300,000 $0 $0

$411,489 $908,274 $908,274 $908,274 $908,274 $908,274 $908,274$411,489 $411,489 $411,489 $411,489 $411,489 $411,489 $411,489

$0 $0 $0 $0 $0 $0 $0$496,786 $496,786 $496,786 $496,786 $496,786 $496,786

$0 $0 $0 $0 $0$0 $0 $0 $0

$1,319,465 $1,932,533 $1,932,533 $1,932,533 $1,996,977 $1,996,977 $1,996,977$0 $0 $0 $0 $0 $0 $0

$243,956 $158,178 $158,178 $158,178 $158,178 $158,178 $158,178$419,373 $795,881 $795,881 $795,881 $795,881 $795,881 $795,881

$107,113 $246,125 $246,125 $246,125 $246,125 $246,125 $246,125$0 $0 $0 $0 $0 $0 $0

$64,444 $64,444 $64,444 $64,444 $128,889 $128,889 $128,889$484,578 $667,905 $667,905 $667,905 $667,905 $667,905 $667,905

$8,606 $18,542 $18,542 $18,542 $18,542 $18,542 $18,542

$0 $0 $0 $0 $0 $0 $0

$387,289 $834,396 $834,396 $834,396 $834,396 $834,396 $834,396$209,136 $454,163 $404,099 $354,036 $303,972 $253,908 $203,844

$4,471,071 $0 $0

2 3 4 5 6 7 8

$387,289 $387,289 $387,289 $387,289 $387,289 $387,289 $387,289$209,136 $185,899 $162,661 $139,424 $116,187 $92,949 $69,712

1 2 3 4 5 6 7

$0 $0 $0 $0 $0 $0 $0$0 $0 $0 $0 $0 $0 $0

1 2 3 4 5 6

$447,107 $447,107 $447,107 $447,107 $447,107 $447,107$268,264 $241,438 $214,611 $187,785 $160,959 $134,132

EADSHEET


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1 2 3 4 5

$0 $0 $0 $0 $0$0 $0 $0 $0 $0

1 2 3 4

$0 $0 $0 $0$0 $0 $0 $0

$200,000 $20,000 $20,000 $20,000 $20,000 $20,000 $20,000$40,000 $0 $0 $0 $0 $0 $0$20,000 $0 $0 $0 $0 $0 $0

$120,000 $0 $0 $0 $0 $0 $0$20,000 $20,000 $20,000 $20,000 $20,000 $20,000 $20,000

2012 2013 2014 2015 2016 2017 2018

$3,112,838 $8,135,368 $8,261,086 $8,364,306 $8,450,057 $8,522,040 $8,583,044

$404,657 $886,654 $886,654 $886,654 $886,654 $886,654 $886,6545,366 9,198 9,198 9,198 9,198 9,198 9,198

$75.42 $96.40 $96.40 $96.40 $96.40 $96.40 $96.40

$1,127,145 $1,127,145 $1,127,145 $1,127,145 $1,127,145 $1,127,145 $1,127,14581,154 81,154 81,154 81,154 81,154 81,154 81,154$13.89 $13.89 $13.89 $13.89 $13.89 $13.89 $13.89

$0 $2,862,980 $2,862,980 $2,862,980 $2,862,980 $2,862,980 $2,862,9800 25,766,819 25,766,819 25,766,819 25,766,819 25,766,819 25,766,819

$0.111 $0.111 $0.111 $0.111 $0.111 $0.111 $0.111

$0 $0 $0 $0 $0 $0 $00 0 0 0 0 0 0

$0.556 $0.556 $0.556 $0.556 $0.556 $0.556 $0.556

$153,891 $308,996 $434,714 $537,935 $623,686 $695,668 $756,67216,218 32,564 45,813 56,691 65,728 73,314 79,743

$1,427,145 $2,949,592 $2,949,592 $2,949,592 $2,949,592 $2,949,592 $2,949,59217,871 34,770 34,770 34,770 34,770 34,770 34,770

$79.858 $84.832 $84.832 $84.832 $84.832 $84.832 $84.832

$0 $0 $0 $0 $0 $0 $00.00 0.00 0.00 0.00 0.00 0.00 0.00

$111.11 $111.11 $111.11 $111.11 $111.11 $111.11 $111.11

$0 $0 $0 $0 $0 $0 $0255,500 255,500 255,500 255,500 255,500 255,500 255,500

$0 $0 $0 $0 $0 $0 $0


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$0 $0 $0 $0 $0 $0 $0


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2019 2020 2021 2022 2023 2024 2025

$908,274 $908,274 $496,786 $496,786 $0 $0 $0$411,489 $411,489 $0 $0 $0 $0 $0

$0 $0 $0 $0 $0 $0 $0$496,786 $496,786 $496,786 $496,786 $0 $0 $0

$0 $0 $0 $0 $0 $0 $0$0 $0 $0 $0 $0 $0 $0

$1,996,977 $1,996,977 $2,061,422 $2,061,422 $2,061,422 $2,061,422 $2,061,422$0 $0 $0 $0 $0 $0 $0

$158,178 $158,178 $158,178 $158,178 $158,178 $158,178 $158,178$795,881 $795,881 $795,881 $795,881 $795,881 $795,881 $795,881

$246,125 $246,125 $246,125 $246,125 $246,125 $246,125 $246,125$0 $0 $0 $0 $0 $0 $0

$128,889 $128,889 $193,333 $193,333 $193,333 $193,333 $193,333$667,905 $667,905 $667,905 $667,905 $667,905 $667,905 $667,905

$18,542 $18,542 $18,542 $18,542 $18,542 $18,542 $18,542

$0 $0 $0 $0 $0 $0 $0

$834,396 $834,396 $447,107 $447,107 $0 $0 $0$153,780 $103,717 $53,653 $26,826 $0 $0 $0

9 10 11 12 13 14 15

$387,289 $387,289 $0 $0 $0 $0 $0$46,475 $23,237 $0 $0 $0 $0 $0

8 9 10 11 12 13 14

$0 $0 $0 $0 $0 $0 $0$0 $0 $0 $0 $0 $0 $0

7 8 9 10 11 12 13

$447,107 $447,107 $447,107 $447,107 $0 $0 $0$107,306 $80,479 $53,653 $26,826 $0 $0 $0


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6 7 8 9 10 11 12

$0 $0 $0 $0 $0 $0 $0$0 $0 $0 $0 $0 $0 $0

5 6 7 8 9 10 11

$0 $0 $0 $0 $0 $0 $0$0 $0 $0 $0 $0 $0 $0

$20,000 $20,000 $20,000 $20,000 $20,000 $20,000 $20,000$0 $0 $0 $0 $0 $0 $0$0 $0 $0 $0 $0 $0 $0$0 $0 $0 $0 $0 $0 $0

$20,000 $20,000 $20,000 $20,000 $20,000 $20,000 $20,000

2019 2020 2021 2022 2023 2024 2025

$8,643,204 $8,694,852 $8,739,431 $8,778,117 $8,811,850 $8,841,389 $8,867,369

$886,654 $886,654 $886,654 $886,654 $886,654 $886,654 $886,6549,198 9,198 9,198 9,198 9,198 9,198 9,198

$96.40 $96.40 $96.40 $96.40 $96.40 $96.40 $96.40

$1,127,145 $1,127,145 $1,127,145 $1,127,145 $1,127,145 $1,127,145 $1,127,14581,154 81,154 81,154 81,154 81,154 81,154 81,154$13.89 $13.89 $13.89 $13.89 $13.89 $13.89 $13.89

$2,862,980 $2,862,980 $2,862,980 $2,862,980 $2,862,980 $2,862,980 $2,862,98025,766,819 25,766,819 25,766,819 25,766,819 25,766,819 25,766,819 25,766,819

$0.111 $0.111 $0.111 $0.111 $0.111 $0.111 $0.111

$0 $0 $0 $0 $0 $0 $00 0 0 0 0 0 0

$0.556 $0.556 $0.556 $0.556 $0.556 $0.556 $0.556

$816,832 $868,480 $913,059 $951,745 $985,478 $1,015,017 $1,040,99886,083 91,526 96,224 100,301 103,856 106,969 109,707

$2,949,592 $2,949,592 $2,949,592 $2,949,592 $2,949,592 $2,949,592 $2,949,59234,770 34,770 34,770 34,770 34,770 34,770 34,770

$84.832 $84.832 $84.832 $84.832 $84.832 $84.832 $84.832

$0 $0 $0 $0 $0 $0 $00.00 0.00 0.00 0.00 0.00 0.00 0.00

$111.11 $111.11 $111.11 $111.11 $111.11 $111.11 $111.11

$0 $0 $0 $0 $0 $0 $0255,500 255,500 255,500 255,500 255,500 255,500 255,500

$0 $0 $0 $0 $0 $0 $0


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$0 $0 $0 $0 $0 $0 $0


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2026 2027 2028 2029 2030 2031 2032

$0 $0 $0 $0 $0 $0 $0$0 $0 $0 $0 $0 $0 $0$0 $0 $0 $0 $0 $0 $0$0 $0 $0 $0 $0 $0 $0

$0 $0 $0 $0 $0 $0 $0$0 $0 $0 $0 $0 $0 $0

$2,061,422 $2,061,422 $2,061,422 $2,061,422 $2,061,422 $2,061,422 $2,061,422$0 $0 $0 $0 $0 $0 $0

$158,178 $158,178 $158,178 $158,178 $158,178 $158,178 $158,178$795,881 $795,881 $795,881 $795,881 $795,881 $795,881 $795,881

$246,125 $246,125 $246,125 $246,125 $246,125 $246,125 $246,125$0 $0 $0 $0 $0 $0 $0

$193,333 $193,333 $193,333 $193,333 $193,333 $193,333 $193,333$667,905 $667,905 $667,905 $667,905 $667,905 $667,905 $667,905

$18,542 $18,542 $18,542 $18,542 $18,542 $18,542 $18,542

$0 $0 $0 $0 $0 $0 $0

$0 $0 $0 $0 $0 $0 $0$0 $0 $0 $0 $0 $0 $0

16 17 18 19 20 21 22

$0 $0 $0 $0 $0 $0 $0$0 $0 $0 $0 $0 $0 $0

15 16 17 18 19 20 21

$0 $0 $0 $0 $0 $0 $0$0 $0 $0 $0 $0 $0 $0

14 15 16 17 18 19 20

$0 $0 $0 $0 $0 $0 $0$0 $0 $0 $0 $0 $0 $0


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13 14 15 16 17 18 19

$0 $0 $0 $0 $0 $0 $0$0 $0 $0 $0 $0 $0 $0

12 13 14 15 16 17 18

$0 $0 $0 $0 $0 $0 $0$0 $0 $0 $0 $0 $0 $0

$0 $0 $0 $0 $0 $0 $0$0 $0 $0 $0 $0 $0 $0$0 $0 $0 $0 $0 $0 $0$0 $0 $0 $0 $0 $0 $0$0 $0 $0 $0 $0 $0 $0

2026 2027 2028 2029 2030 2031 2032

$7,826,372 $7,826,372 $7,826,372 $7,826,372 $7,826,372 $7,826,372 $7,826,372

$886,654 $886,654 $886,654 $886,654 $886,654 $886,654 $886,6549,198 9,198 9,198 9,198 9,198 9,198 9,198

$96.40 $96.40 $96.40 $96.40 $96.40 $96.40 $96.40

$1,127,145 $1,127,145 $1,127,145 $1,127,145 $1,127,145 $1,127,145 $1,127,14581,154 81,154 81,154 81,154 81,154 81,154 81,154$13.89 $13.89 $13.89 $13.89 $13.89 $13.89 $13.89

$2,862,980 $2,862,980 $2,862,980 $2,862,980 $2,862,980 $2,862,980 $2,862,98025,766,819 25,766,819 25,766,819 25,766,819 25,766,819 25,766,819 25,766,819

$0.111 $0.111 $0.111 $0.111 $0.111 $0.111 $0.111

$0 $0 $0 $0 $0 $0 $00 0 0 0 0 0 0

$0.556 $0.556 $0.556 $0.556 $0.556 $0.556 $0.556

$0 $0 $0 $0 $0 $0 $00 0 0 0 0 0 0

$2,949,592 $2,949,592 $2,949,592 $2,949,592 $2,949,592 $2,949,592 $2,949,59234,770 34,770 34,770 34,770 34,770 34,770 34,770

$84.832 $84.832 $84.832 $84.832 $84.832 $84.832 $84.832

$0 $0 $0 $0 $0 $0 $00.00 0.00 0.00 0.00 0.00 0.00 0.00

$111.11 $111.11 $111.11 $111.11 $111.11 $111.11 $111.11

$0 $0 $0 $0 $0 $0 $0255,500 255,500 255,500 255,500 255,500 255,500 255,500

$0 $0 $0 $0 $0 $0 $0


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$0 $0 $0 $0 $0 $0 $0


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Project Cashflow

Unit 2010 2011 2012

Net Revenues - Recycling material $404,657 $404,657

production ton 5,366 5,366

Sales price $ $75.42 $75.42

Net Revenues - RDF $1,127,145 $1,127,145

production ton 81,154 81,154

Sales price $ $13.89 $13.89

Net Revenues - electricity $0 $0

Production kwh 0 0

Price $ $0.111 $0.111

Net Revenues - Synthetic oil $0 $0

Production liter 0 0

Price $ $0.56 $0.56

Net Revenues - Carbon Credits $0 $153,891

ERs Production (tCO2e) 0 16,218 ER Price 9.49 US$/ton

Net Revenues - Compost $1,427,145 $1,427,145

Production ton 17,871 17,871

Price $ $79.858 $79.858

Net Revenues - Liquid Fertilizer $0 $0

Production ton 0 0

Net Sales Price $ $111.111 $111.111

Net Revenues - Tipping Fee $0 $0

Production ton 255,500 255,500

Price $ $0.00 $0.00

Total Net Revenues $2,958,947 $3,112,838

(-) Total Costs $1,328,071 $1,528,071

(-) Operating Costs

Raw Material $0 $0Power and Fuel $243,956 $243,956

Labor $419,373 $419,373

Repairs and Maintenance $107,113 $107,113

Selling Expenses $0 $0

Administration $64,444 $64,444

Other $484,578 $484,578

(-) Insurance: $8,606 $8,606

(-) Certifications: $0 $0

(-) Costs BS/MP ERs $40,000 $0 $0 $40,000 (-) Costs Valid. ERs $20,000 $0 $0 $20,000 (-) Due Dilig PCF ERs $120,000 $0 $0 $120,000

(-) Annual Verif. ERs $20,000 $0 $0 $20,000

Margin / (EBITDA) $0 $1,630,876 $1,584,767

(-) D/D/A machinery 10% $0 $411,489 $411,489

(-) Interest expenses $0 $232,374 $209,136

Operational Result (EBT) $0 $987,014 $964,142

(+) Extraord. Income $0 $0

Profit before tax $0 $987,014 $964,142

(-) Income tax 30.00% $0 $296,104 $289,243

Net profit $0 $690 910 $674 899


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Project Cashflow

2019 2020 2021 2022 2023 2024 2025 2026 20

$886,654 $886,654 $886,654 $886,654 $886,654 $886,654 $886,654 $886,654 $886,6

9,198 9,198 9,198 9,198 9,198 9,198 9,198 9,198 9,1

$96.40 $96.40 $96.40 $96.40 $96.40 $96.40 $96.40 $96.40 $96

$1,127,145 $1,127,145 $1,127,145 $1,127,145 $1,127,145 $1,127,145 $1,127,145 $1,127,145 $1,127,1

81,154 81,154 81,154 81,154 81,154 81,154 81,154 81,154 81,1

$13.89 $13.89 $13.89 $13.89 $13.89 $13.89 $13.89 $13.89 $13

$2,862,980 $2,862,980 $2,862,980 $2,862,980 $2,862,980 $2,862,980 $2,862,980 $2,862,980 $2,862,9

25,766,819 25,766,819 25,766,819 25,766,819 25,766,819 25,766,819 25,766,819 25,766,819 25,766,8

$0.111 $0.111 $0.111 $0.111 $0.111 $0.111 $0.111 $0.111 $0.1

$0 $0 $0 $0 $0 $0 $0 $0

0 0 0 0 0 0 0 0

$0.56 $0.56 $0.56 $0.56 $0.56 $0.56 $0.56 $0.56 $0

$816,832 $868,480 $913,059 $951,745 $985,478 $1,015,017 $1,040,998 $0

86,083 91,526 96,224 100,301 103,856 106,969 109,707 0

$2,949,592 $2,949,592 $2,949,592 $2,949,592 $2,949,592 $2,949,592 $2,949,592 $2,949,592 $2,949,5

34,770 34,770 34,770 34,770 34,770 34,770 34,770 34,770 34,7

$84.832 $84.832 $84.832 $84.832 $84.832 $84.832 $84.832 $84.832 $84.8

$0 $0 $0 $0 $0 $0 $0 $0

0 0 0 0 0 0 0 0

$111.111 $111.111 $111.111 $111.111 $111.111 $111.111 $111.111 $111.111 $111.1

$0 $0 $0 $0 $0 $0 $0 $0

255,500 255,500 255,500 255,500 255,500 255,500 255,500 255,500 255,5

$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0

$8,643,204 $8,694,852 $8,739,431 $8,778,117 $8,811,850 $8,841,389 $8,867,369 $7,826,372 $7,826,3

$2,035,519 $2,035,519 $2,099,964 $2,099,964 $2,099,964 $2,099,964 $2,099,964 $2,079,964 $2,079,9

$0 $0 $0 $0 $0 $0 $0 $0

$158,178 $158,178 $158,178 $158,178 $158,178 $158,178 $158,178 $158,178 $158,1

$795,881 $795,881 $795,881 $795,881 $795,881 $795,881 $795,881 $795,881 $795,8$246,125 $246,125 $246,125 $246,125 $246,125 $246,125 $246,125 $246,125 $246,1

$0 $0 $0 $0 $0 $0 $0 $0

$128,889 $128,889 $193,333 $193,333 $193,333 $193,333 $193,333 $193,333 $193,3

$667,905 $667,905 $667,905 $667,905 $667,905 $667,905 $667,905 $667,905 $667,9

$18,542 $18,542 $18,542 $18,542 $18,542 $18,542 $18,542 $18,542 $18,5$0 $0 $0 $0 $0 $0 $0 $0

$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

$0 $0 $0 $0 $0 $0 $0 $0

$20,000 $20,000 $20,000 $20,000 $20,000 $20,000 $20,000 $0

$6,607,684 $6,659,333 $6,639,467 $6,678,153 $6,711,886 $6,741,425 $6,767,406 $5,746,408 $5,746,4

$908,274 $908,274 $496,786 $496,786 $0 $0 $0 $0

$153,780 $103,717 $53,653 $26,826 $0 $0 $0 $0

$5,545,630 $5,647,342 $6,089,028 $6,154,541 $6,711,886 $6,741,425 $6,767,406 $5,746,408 $5,746,4

$0 $0 $0 $0 $0 $0 $0 $0

$5,545,630 $5,647,342 $6,089,028 $6,154,541 $6,711,886 $6,741,425 $6,767,406 $5,746,408 $5,746,4

$1,663,689 $1,694,203 $1,826,709 $1,846,362 $2,013,566 $2,022,427 $2,030,222 $1,723,922 $1,723,9

$3 881 941 $3 953 139 $4 262 320 $4 308 179 $4 698 320 $4 718 997 $4 737 184 $4 022 486 $4 022 4


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No Item unit Volume Unit Price (USD) Total Cost (USDExchange rate USD 1.00 9,000.00

EUR 1.00 12,200.00

1.36

I INVESTMENT COST

Mechanical and Electrical Equipment

1 Existing plant set 1.00 1,829,941 1,829,942 Compost machine (granulator, dryer) set 1.00 124,043 124,043 Electricity power set 1.00 0 4 Biogas ME set 9.00 148,978 1,340,805 Extruder unit 0.00 1,152,222 6 Conveyor set 0.00 77,131 7 Gas engine generator unit 5.00 451,400 2,257,008 Pre dryer unit 1.00 102,326 102,329 RDF preparation plant set 0.00 2,716,669

10 RDF power plant set 0.00 20,333,333 TOTAL MECHANICAL AND ELECTRICAL 5,654,11Vehicle

1 Dump Truck unit 4.00 0 2 Wheel Loader unit 4.00 0 3 Excavator-wheel loader unit 1.00 0

4 Homogenization unit 3.00 177,338 532,0TOTAL VEHICLE 532,01Civil Works

1 Existing Civil works set 1.00 1,486,304 1,486,302 Fermenter set 9.00 0 3 Final liquid digestate set 0.00 253,489 4 Wastewater treatment m3/day 30.00 333 10,005 ME building m2 1,500.00 222 333,336 Maturation plant m2 3,463.97 144 500,35

TOTAL CIVIL WORKS 2,329,98Land m2 0.00 0 TOTALCONSTRUCTION COST 8,516,11

Contingencies 0.00% 8,516,118 Engineering and Supervison Existing 1.00 30,181 30,18Engineering-biogas 1.00 300,000 300,00VAT 0.00% 2,329,989 Administration 1.00 236,443 236,44Working Capital 188,32

TOTAL INVESTMENT 9,271,07

Rounded $9,271,00

6,839,26

In. IDR Rp83,439,000,00

Waste Processing Plant


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II OPERATION AND MAINTENANCE COST

No Item unit Volume Unit Price (USD) Total Cost (USII.1 Operation Cost

Sallary1 Board of Consortium manmonth 13.00 3,333.33 43,32 Executive Secretary manmonth 13.00 333.33 4,3

3 Manajer manmonth 13.00 1,666.67 21,64 Head of Section manmonth 52.00 1,111.11 57,75 Technician/Operator manmonth 390.00 205.56 80,6 Maintenance staff manmonth 52.00 165.24 8,5

7 Chief Laboratory manmonth 13.00 205.56 2,68 Administration staff manmonth 65.00 174.42 11,39 Laboratory staff manmonth 26.00 205.56 5,3

10 Driver manmonth 104.00 204.59 21,211 Chief Worker manmonth 78.00 165.24 12,812 Recycling material Worker manmonth 2,197.00 114.79 252,13 Compost Worker manmonth 1,456.00 166.67 242,6

14 Security manmonth 208.00 152.12 31,615 Security chief manmonth 26.00 184.93 4,8

Sub-total Sallary 795,8

Fuel

1 Fuel Wheel Loader liter 125,560.00 1.11 139,52 Electricity for Separation plant kwh 1,881,180.80 0.00

3 Electricity for RDF pellet kwh 0.00 0.00 4 Electricity for Compost kwh 1,152,000.00 0.00 5 Coal ton 0.00 66.67 6 Electricity charge month 12.00 1,555.56 18,6

Sub-total Fuel 158,1

Vehicle rent

1 Dump Truck unit 4.00 33,313 133,22 Wheel Loader unit 4.00 83,718 334,8

3 Excavator-wheel loader unit 1.00 83,718 83,7

Total vehicles rent 551,8

Others1 Compost Packaging unit 460,800.00 0.33 153,6002 RDF Packaging unit 0.00 0.00 0

3 Office Overhead year 1.00 159,176.22 159,1764 Mistro liter 55,296.00 1.67 92,160

5 Microbe liter 85,975.75 0.44 38,2116 Contribution to Municipal year 0.00 0.00 07 Raw material ton 0.00 0.33 08 Land rent ha 0.00 0.03 09 Compost base pallet, biofilter, etc m2 10,316.92 5.00 51,584

10 Royalty to Faber ton 63,875.00 2.71 173,172

Sub-total others 667,904Sub-total Operation cost 2,173,808

II.2 Maintenance Cost1 Pyrolysis plant % 7.5% 0.000 02 Mechanical and Electrical % 3% 5,654,112.96 169,623

3 Vehicle % 10.00% 532,015.26 53,2014 Building % 1.00% 2,329,989.31 23,299

Sub-total Maintenance Cost 246,124

TOTAL OPERATION AND MAINTENANCE COST 2,419,933


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pin financial analysis dry ferment smg 600 existing 300 300

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