Code: Jawcor Planet project planning network Cantidentiet 20 MW Wind Enersy Plant, Jamaica Appendix 9 DET NORSKE VERITAS Type Approval for the Wind Turbine a> ee peeates Appendix 9- DET NORSKE VERITAS TYPE APPROVAL ‘Type approval of: NM 750-200/48 IEC2 LM23.5, Approval class: A ~ A-642028-1 1999-03-22 Approval number Date of issue Manufacturer: ce NEG Micon A/S Alsvej 21 fer 8900 Randers Valid until: 2000-03-22 _The Type Approval has been performed pursuant to Ministry of Energy Order No 837 of 7 October 1992 and Danish Energy Agency Order No 270 of 2 May 1991, The Type Approval has been performed in accordance with “Technical Criteria for Type Approval and Certification of Wind Turbines in Denmark’ of | August |996. |_DNV Design Verification Report: RDK610/99/70033 ‘Appendices to the Type Approval are listed in the table of contents. Date:1999-03-22 Date: 1999-03-22 Sven ‘ ‘Thomas Dalgaard Managenferit Representative Reg. No. C 257 Project Coordinator Det Norske Veritas, Danmark A/S Det Norske Veritas, Danmark A/S elosure cl rev. | NORSKE VERITAS, DANMARK A/S.NT DET NORSKE VERITAS - TYPE APPROVAL ‘Type approval of: NM 750-200/48 IEC2 AL23A3 Approval class: B a B-642029-1 1998-12-21 Approval number Date of issue i Manufacturer: NEG Micon A/S ce Alsvej 21 DK-8900 Randers Valid until: 1999-12-21 “re Type Approval has been performed pursuant to Ministry of Energy Order No 837 of 7 October 1992 and nish Energy Agency Order No 270 of 2 May 1991. The Type Approval has been performed in accordance with ‘echnical Criteria for Type Approval and Certification of Wind Turbines in Denmark’ of | August 1996 DNV Design Verification Report: 146/98/71335 opendices to the Type Approval are listed in the table of contents — Date:1998-12-21 Date: 1998-12-21 @® Ze Christer Eriksson es Management Representative Reg. No. C257 Project Coordinator Det Norske Veritas, Danmark A/S Det Norske Veritas, Danmark A/S ancbog-02 enclosure c10 rev, | NORSKE VERITAS, DANMARK A/SPlanet project planning network Contidenciet 20 MW Wind Energy Plant, Jnsica Appendix 10 Statement that the Wind Turbine meets International Standards Code: Jawcot ypondix 10 ‘© Copyright Planet {999ee eee eee JUL 12,1999 11essam Pp 2 “NBG Micon’ The EU Declaration of Conformity re the Machine Directive, the Low-voltage Directive, the EMC Directive, the Construction Products Directive NEG Micon A/S Alsvej 21 DK-8900, Randers ‘Denmark herewith declares that NM 750/48 has been produced in accordance with the Council Directive of 14 June 1989 (89/392/EEC), ie. the Machine Directive, and its amendments, as well as in accordance with: the Council Directive of 19 February 1973 (72/23/EEC), i. the Low-voltage Directive, including subsequent amendments, and the Council Directive of 3 May 1989 (89/336/EEC), ie, the EMC Directive, including subsequent amendments, and the Couneil Directive of 21 December 1988 (89/106/EEC), i.e. the Construction Products Directive, including subsequent amendments. The aforementioned wind turbine has been produced in accordance with harmonized standards as follows the Machine Directive (section 5 paragraph 2 of the directive); EN 292-1, EN 292-2, EN 294, EN 341, EN 349, EN 3: 982, EN 983, EN 1037, EN 60204 the Low-voltage Directive (scetion 5 paragraph 2 of the directive): EN 60204-1, EN 60439-2, EN 60439-3 the EMC Directive (section 10 paragraph 1 of the directive) EN $0081-2, EN $0082-2 TOOT RTI Te EU a oT CoAT oT RCARee ee eee at ern ae ee JUL 12-1999 11:56AM POS a NEG MICON” the Construction Products Directive (section 5 paragraph 2 of the directive): No harmonized standards as well as the following non-harmonized standards and further technichally normative documents: the Machine Directive: DS 472, DS 467, DS 700, ISO 7000, and German Lloyd's “Regulation for the Certification of Wind Energy Conversion Systems” the Low-voltage Directive: “Suerkstromsbekendigorelsen — Elektriske installationer” and DEFU publication KR-111“ Nettilslutning af vindmelier, 2. Udgave” ‘the EMC Directive: EN 61000-4-7 the Construction Produets Directive: DS 472, DIN 18800, Eurocode 3 Director. R&D Technology, John T. Olesen sea ee Randers, the January 14, 1999 BSENTED BY: Capital 10 99,660 99,660 Capital reserves n 516,292 504,224 RTvenue reserve rofit and loss account 134,365, 133,938 = 150,317 731822 Xestated to conform with 1998 classifications. ©. otes on Statement V form an integral part of the Financial Statements. Dan! pr-ved on behalf of the Board. eee) ) Directors }_ Planet project planning network Conticentia! 20 MW Wind Foorgy Pant, Jermaies Appendix 14 _ Preliminary Balance Sheet & Profit and Loss Account for the RES Group Code: JAWCOT Append 14. 2 Copyright Planet 1809RENEWABLE ENERGY SYSTEMS ~(DITORS' REPORT TO THE MEMBERS JIMITED ie have audited the financial statements on pages 5 to 21 which have been prepared under the accounting polices set cut on “e10 Respective responsibilities of directors and auditors described on page 3 the company’s directors ae responsible forthe preparation of financial statements. It sour responsiblity 2 ‘orm an independent opinion, based on our audit, on those statements and to report our opinion to you. sis of opinion Ye conducted out audit in accordance with Auditing Standards issued by the Auditing Practices Board. An audit includes ‘mination, on a test basis of evidence relevant to the amounts and disclosures in the financial staternents, It also includes an 2ssment of the significant estimates and judgements made by the directors in the preparation of the financial statements, and of shether the accounting policies are appropriate to the company’s and the group's circumstances, consistent!y applied and quately disclosed. ve planned and performed our aut 5 as to obtain all the information and explanations which we considered necessary in order ~orovide us with sufficient evidence to give reasonable assurance thatthe financial statements are free from material statement, whether caused by fraud or other iregularity or error. In forming our opinion we also evaluated the overall \-quacy of the presentation of information inthe finarcial statements, 2Lour opinion the financial statements give a true and fair view ofthe state of affairs ofthe company and ofthe group a8 at October 1998 and of the profit of the group forthe year then ended and have been properly prepared in accordance with the ‘panies Act 1985, ‘eloitte & Touche ‘Trered Accountants and Registered Auditors House Little New Street “don JA3TR ~ 1999tENEWABLE ENERGY SYSTEMS LIMITED OUP PROFIT AND LOSS ACCOUNT. the vear ended 31st Qctober 1998 nover - continuing operations 1 12,617 ~tofsales (9237) toss profit 3380 sinistative expenses ony ~ up operating profit - continuing operations 2,709 >unts weitten off investments 19 (104) ‘mounts writen off fixed assets 20 a) safit on ordinary activities before interest 2492 ‘est receivable and similar income 2 382 “est payable 3 99) {it on ordinary activities before taxation 4 1875 ‘xxation on profit on ordinary activities 5 (816) ~it om ordinary activities after taxation, : 1,059 auity minority interests 290 xained profit forthe Financial year 1,349 503 170 (12) 261 @ 257 32 289ENEWABLE ENERGY SYSTEMS LIMITED ‘QUP BALANCE SHEET AS AT 31 OCTOBER 1998 1998 cr Notes £7000 £000 Assets angible assets 6a 13,620 ~stments, Ta 713 - 14333 14,815 Le rent Assets : ‘ark in progress 418 ors 8 2,681 ‘term investments - cash deposits 3,280 605 1sh at bank and in hand 418 1,394 6,797 4448 itors: Amounts falling due within one year 9 (5,107) (7814) rent assets (liahilities) 1,690 G,366) ~Lassets less eurrent liabilities 16,023 11449 ‘editors: Amounts falling due after more than one - 10 10,786) (8,830) \islons for abilities and charges u 2,113) (589) ~y minority interests 322 32 it 3,446 2,062 pital and reserves ae “od up share capital 12 : : “reserves B 35 : «and loss account B 3411 2,062 y shareholders’ funds 3,446 2,062 + financial statements were approved by the Board of Directors on 1999. "don behalf of the Board of Directors +2 Mays estor Shelley ectorCone: JAWEOT Planet Project planning network Contidentiot 20 MW Wind Energy Plant, Jamaica Appendix 15 The Jamaica Energy Sector Policy Appendix 15 4 Copyright Planet 1299Ministry of Public Utilities and Transport JAMAICA ENERGY SECTOR POLICY CONTENTS Background Power/Electricity Sector Petroleum Sector Development of Indigenous Energy Supplies Energy Conservation /Efficiency Energy and the Environment Institutional Arrangements Incentives‘A major policy initiative therefore in the power scetor will be to ensure that an appropriate regulatory framework under the auspices of the Office of Unites Regulation (OUR) is puri place wo 4) facilitate the timely provision of new power genemting ‘opacity and the associated transmission works; ) establish an environment capable of attracting private investments in the power sector and capable of supp corting long term financing for the private sector and ©) prescribe the required standards in the power sector 4) ensure the safety of the consumers, the protection and preservation of the environment in respect of uty services; ©) generally support Jamaica's power sector privatization programme. ‘The cnegy policy for the power/ cleric sector will 4) appropriate regulatory oversight is putin place; b) the electricity rate setting mechanism reflects the trae cost of power; ©) all new power genecation projects ate undertaken by the private sector and the generation of electricity is done in an organized and structured way, 4) the use of co-generation to meet some portion of ecticity supply will continue to be pursued and principles under which the electricity company purchases cleciriciy from co-generators cleatly established; ©) the agency responsible for generation capacity plannin wil prepare pede Leat Cost Exparon Han (LCEP) for review, approval and publication by the competent authority; )) the widespread publication of the indicative LCEP provides guidance to potential private sector investors tn the development of proposals for new plants; 8) the Rural Electrification Progeamme is continued in order to maintain the extension of electricity to rural areas with a view to fostering economic development and improving the quality of life in rural communities Petroleum Sector 4. Cucrenty, Jamaica imports petroleum and petroleum products on favourable terms from Venezuela and Mexico under the San José Accord. As long as these contractual arrangements zemain favourable from a nauonal interest point of view, they will be continued. Even with privatiea tion, it is envisaged that the countsy will continue to enjoy the benefits of erude oil supplies under the existing contractual arrangements in the same way that Jamaica enjoyed these prior to acquisition of the refinery in 1982 TThe market has been deeegulated forthe importation of all petroleum produets since 1993, 5. Govcenment recognizes thatthe processing of erudeis 4 desirable option and as such, will encourage sebnety ‘Operation in the county. Th this coatext dhe Enengy Policy vel 4) encourage the local refining of petroleum through the granting of an appropriate differential beween tariffs on refinery feedstock and the importation of fully refined petroleum products; 8) encourage private Sector participation inthe refinery and other government-owned pettoleum/energy ©) review and optimize specifications forall petroleum products to meet modern economie and environ- ‘mental requirements; 4) require importers and marketers of petroleum to supply timely and relevant information regarding Jmpozts, sales, etc. The provision of this information will be necessary for proper energy planning; ©) feview and establish the policy forthe pricing of petroleum products in order to achieve the objective Of minimizing subsidies and promoting the policy of energy conservation; 6) ensure a predetermined level of inventory that will {guarantee thatthe nation’ pewoleum supplies are maintained at the required levels; seek to maintain the protection of the environment and the preservation/encouragemeat of natural and cultivated forests. Although for example, Government will cause the overall emoval of subsidy con domestic kerosene, ic will remain committed to same direct subsidy to assist those poor households that can be identified as totally dependent on that petroleum product for cooking and lighting, Development of Indigenous Energy Supplies AB 6. ‘The Government will continue to foster, fciitare and encourige the development of all ‘oew and renewable energy sources where feasible, but ‘especially ia the arcas Of + hydropower > Blomus + sole PCI energy forest research ati! Energy Conservation/ Efficiency T Since energy conservation and improved energy efficiency appear to provide the greatest scope for reducing Jamaica's requirements of imported energy, this aspect of the Bnezgy Policy cannot be over-emphasized, In this respect, the Energy Policy Includes the following:Planet project planning network Contidentiet 20 MW Wind Energy Plant, Jemaice Appendix 17 Letter of Interest for Project Participation from JPSCo Code: saweo! Append 17 > Copuright Planet 1990T BY: PETROLEUM CORP JA; 12- 2-99 3:57PM; 876 9202400 => +318 415865; a ez, Public Service Company, Ltd. |AKMIUTSPORD BOULEVARD. 7.0. OX 54. BNOSTON, inna TRRPMONE: 74) 926-1190, TELEX 2190, CABLE, 2AMEURY, TRETAR 670) 926.0719 9 Feeruary. 1999 Dr. Raymond Wright 36 Trafalgar Road Kingston 10 Deas Dr. Weight We acknowledge receipt of your feasibility study addreszed to our Chainmun Prof. Gordon Shirley, on a 20 MW Wind Project proposed for Wig in Manchester drved Fobrosy 2, 1999. ‘We have "no objection” in participating in the project a5 partner providing that the project is economically viable. iechnically feasible and is canelatent with our overull expanvion sirategy for ‘dew generating capacity. Please keep us informed on the specifics ofthe project us it develops, ‘Yours sincerely JAMAICA PUBLIC SERVICE COMPANY LIMITED Le Director, Corporate Services :Planet project planning network Contidenriet 20 MW Wind Energy Pant, Jameica Appendix 18 Overview of the Project Costs Code: sawcor Appondix 18 19 Copyrighe Planct 1988ee [ie | ieee me = oe ee cots Use Turbines NM750/48 wind US$ 558.600 [27 $ 15.822.000 |$ 15.822.000 turbines, 55 mhigh | 3-section mast a ‘Transtormers and US$ 29.800 27 $ 804.600 $ 804.600 Mv switch gear CIF Transport uss 1 $ 1.250.000 | § 1.250.000 1.250.000 (3 saction mast) Supervision & US$ 272.000 |1 $ 272.000 $ 272.000 instalation Sundries US$ 25.000 1 $ 25.000 $ 25.000 Totals: Cost per m? swept area $372 Cost per KW $397 Cost per turbine $ 673.096 Grand Total turbines $.18.173.600 [ive z Foundations E qj Soi Tivestigation [Nia a7 [Na 7 7o00RurbIna 1 $27,000, i Shrab clwarance [Nia 7 la #250 rurbine | ef $ 6.750 Ereavations Na a Ine $ 2000 furbine _ L 354.000 Foundations ‘Assume: * concrete JS 12.500/cu | 27 x $ 350/ m? yrd 100 $ 945.000 Uss 467m _| m* $ 1.261.000 Reinforcement ‘J$ 30/0 27x $ 667.000 $ 1,60/ kg US$ 1,904g | 13.000 $ 561.600 a kg ee Ht Design Nia 1 Na 2% at cost @ 32.000 aaa _[ Foundations Total Cost perm? ¢ 602 Cast per foundation $60,235 Grand Total Foundations 1.626.350 Roads z if Surveying & design | J8 850i [20 man ____|US$ 24,30 _Idays__[¢ 4.000 $ 10.000 aeeeecas| Rehabilitation of J 1.640/m' [8.000 m Assume $ 65/m* existing road and/or | US$ 46,86/m' $ 375.000 US$ 520.000 |___new scenes a Improvements te [Nia ‘Assume [Nia Assume roads to ste [500m 100m" Conticontist Goo: saweat 20 MW Wind Energy Plant, lamaie, Cost estimate for Wigton farm, Jamaica Detailed Estimate ate: Jy 99 {Prices given in this document are for estimate purposes only and no sights may be conferred on thom) “Planet Appendix 18, Pago 1 (© Copyright Planet 1999Confident ~ Goce: sawcor 20.MW Wicd Energy Plant, Jomatea daze: ty 99, —| Road Totals Cost per m' $68 Grand Total a iiss $ 580.000 _[Site Office and Controi Room ae | ae Building costs Nia 200 m? (Nia |§ 2507 m= He Et qe eee $ 50,000 ai Metering station civil works |Nia 20m Nia $ 500/ m? ate fe $ 10.000 t Miscellaneous and Nia 7 Na ‘Assume 10% of contingency civils I tee $ 210.000 [GRAND TOTAL civ — eee] $ 2.476.360 ___|Logistics and erection i Transport from port | J8 9.260.350 | 1 $265,000 | Assume 8% risk to site USS 265.000 for principal feed gee $ 286.200 ee bee OF-loading at site | J$ 5.103.000 | 7 $ 145.800 [Assume mobile US$ 145.800 erection cranes a can offload - Mobile crane 200¢ | USE $720.000 | Assume 8% risk 48,000/month for principal esa eed $ 130.000 | 7 | | | Mobite crane 60/70% [Nia 25 [Na ‘Assume | months § 22,000/month | 7 SEEEEE $54,000 leet Installation crew | J6 850% | 70 $97,000 [$97.00 | uss 24,30 | persons -| for 10 seed _[weoks lisa Miscellaneous and | NTa 1 Nia ‘Assume 5% of 4 contingency logistics eae eee '$ 28.500 Logistics and installation totals | ~|Cost per turbine $ 22.080 Grand total logistics a $595.700 | —[Electiical Hee reece HEHE Park electrical work HoH an Excavation cable | Nie 6.500 [Nia ‘Assume 4 trenches | mr $ 50/ m' a He $ 325,000 fececeaal i Site cabling Na 6.500 |W ‘Assume 4 m $50/ m! cH i $ 325.000 a i ‘Metering station [Nia Nia $ 185.000 Planet a as tonsContidentit ~ code: vaweot 20MW Wind Energy Pant Jamaic. dite ly 98 - | Quoted "| Unie Cow es Price | Reqd | costuse | uss + step-up transfr. |US$ 50.000 _|1 $ 50.000 200.000 _ Design Nia 1 Nia [Assume 2% Ho $ 21.000 Miscellaneous Na 7 Wa ‘Assume 10% : $. 103.500 ~ [Park slectical work totals Cost per turbine $42,944 Grand Total site electrics ate | $ 1.189.500 [Grid Connection Evacuation line to [J $7-100.000 [3 7.100.000 et Spur Tree 3.500.000/km | uss k See 100.000/km ce Grid connection at [US$ 900.000 |7 ¥ 900.000 $ 900.000 Spurtee | ei Design and supervision | Nia 7 Wa Resume 3% He $ 80.000 — [Miscellaneous Nie 7 Wa ‘Assume 3% 8 62.000 | Grid connection totais | = | Gost por turbine 378.592 Grand Total grid connection _ $2.122.000 _ [Subtotal _ EE I" | $24,527,160 LL z | za Fees. I i Project management [N/a Wa Assume 1% L i _ 3 250.000 e Finance arrangement | N/a Wa “Assume 0,75% ___fse eee $ 180.000 : = Development fee | Nia 7 Wa Assume 1% ie - $ 260.000 Tagal Foes Na 7 Na [Assume 0,33 | ange $75,000 [Fees Total TE S766 060 Construction interest Nia 7 Na ‘Assume 10% over $ 8 m/ 6 | months | _ $ 400.000 3.400.000 seen/Contingency [Nia 1h Nia Assume 1,5% _ | 3.382.000 8 382.000 —|Project Total | Cost per kW $1,290 Cost per turbine $ 965.700 —| Grand Total = ! $.26.074.160 | Planet aa slesContidentiat Code: saweot 20 MW Wind Eneray Plant. lenvaice. — 2, Summarised Costs tate: July 99. Rem SSE Naa ae 1. Wind turbines 27 units NEG Micon 750/48, 55 m masts Us$ 18.173.600 i 2. Civil Works Foundations, 27 units USS 1.626.350 Roads, 8.000 m Uss 580.000 Other uss 60.000 Contingency Civils : USS 210.000 ae ~ |B. Logistics & erection 1 Transport (port to site in Jamaica) Us¢ 286.200 Cranes & erection crew Us¢ 281.000 a Contingency on logistics a US$ 28.500 J 4. Electrical works Cabling & trenches Uss 666.000 Metering and stap-up transformer USS 390.000 cal Contingency _|uss 103.500 4. Grid Connection Evacuation line uss 1.133.000 - Interconnection Spur Troe uss 927.000 | Contingency sé 62.000 _| 5. Fees [US$ 765.000 —| 6. Construction Tatorest ‘US$ 400.000 Z Extra contingency on total project US$ 382.000 | Total project cost USS 26.074.150 ecccieiie ry ae sae 1 SSS ae 4. Yearly operating expenditure _27 units NEG Micon 750/48, 55 m masts 169.7 % [2. Civil Works, excl. design and contingency 9.3 % sect Logistics & erection, excl contingency 2.2% Electrical works, excl. dasign and contingency 4% a 4 Grid Connection, excl. design and contingency. 7.6% Fees ae 2.9% Construction interest [15% Total Design costs aero 05% EEE Total contingency — mat 2.3% a Assume: US$ 300.000 for Operations and Maintenance per year (1,8% ex-factory price) Assume: 0,25% insurance por year US$ 50.000 — Assume: US$ 4.000/turbine/year landlease costs = US$ 108.000/yoar Assume: Management and contingency 0,5% of ex-factory US$ 80.000/year Total yearly expenditure: US$ 538,000 “Planet a Appendix 18, Page 4 Copyriht Pane! 1999Planet project planning network Confident 20 MW Wing Enerey Plant, domaice Appendix 19 _ Cash Flow Modelling for Commercial and Financial Vial ility Code: vaweot ‘Appendix 19 © Copyright Planet 1998L oueusag ‘Buyjspoyy moj yseg pue jefosou09 6L xipuaddy o o 0 Sueuked xe] 88 LyS' VL LL9 1LL'L1peE 62a G! 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Lor serv ar ole [ITSO esoclre POSSIST | ISciLe Becveee OTSOZ | awOdT] a 1 6S is hes es ys es bes WNDISHUSSS Ul eau) ors ro BP e66, S599 | Of ZO esS jréz'sy | Loas _fese'z9 Lely UMN UE dyn 202 102. Hoe‘ Wknoz boz_—evoz [poz toe loz |rtoz We, ‘auloauy ‘ped9p pulodes Uoneiado pasea| oLeueas majniand Moly USED Toray punt RW Oe TOM BD 109 ' i t t t t L ( i t 1 i ( t i i 6, nF ae Planet6851 saunas waitin ©) 0z xipueddy (iam) eens seucvoo3 spuevaipon ay A3p2En 14 ue Pose% a gehove ra pandde fey aod otk ‘opt ogc} oursse = suy eeu ‘euune0 241 (090) ate soo Krumuoco ox um esi | aage a) xg Kyeowoene-ax2eU oe panebar tote Sal (L) ‘eyuize used atey 03-9 sah yaa seucvcas uw se use 99 vee Ue sr) gs 5 Mateuprelly Aycedeo uo aejo sige sues pur oor) 29 fn papiane eu JO uns iy 5 ty lm» ould Yo ey. ‘exer Uy ainypuadra pes pauaT® spuqueioy 2.) armpussxsleices pauee® a (f) se. — ae | BUTePOW MOTT USED Planet-§o perational Statistics % 199697 1995196 1994/95 1993/94 19923 199192 1990/91 Gromth ~ OPERATING REVENUE ($1000) 95/96 9697 Residential 9 4.790636 3.485337 2862466 2261,128 1838127 1,097,310 Commercial & Indust Sm.) 44 34,255 4,142,442 3,591,044 5,016,708 2.528081 1,216,665, wrcial&Indusral Lge) 101,403,592 1,272,808 1.185.401 992947 BTHGRS 435.984 o @ 369514 916,650 2950121902 1aR 925,226,413 1 9887.957 9 817.287 76H 961 6392.68 5,308,756 2976372 1.619311 — No. OF CUSTOMERS*™ Residential 4360067 - 346323 330,62 315,051 30237 287,788 277495 = Commercial Industil Sm# 444714513 4,066 37,262 420130857 29.350 Commercial & Insti (ge) 3 a edo eeeaee Toler Tiel 7 other 3 mo 25790552) — Tow 5 Weigel 390507 FATS HAGA ETSI WORE _ WHOIS [NET GENERATION & PURCHASES (MWh) Sean & Sow Speed Diese 1 1350,275 1535,746 1.594075 1.896041 1,855,608 1,762,482 1623734 deo 19117526 98574 108,658 98,706 98317 122,317 108727 = Gus Turbines 33 R14 328214546109 270271185524 190919 264.136 Purchases 42694656 488.439 84805 HOH 133273799. Ton 3 253.901 2750973 2 333,607 2280 060,153,776 208800 2004526 Losses 8 Unaccouated for (MWA) 436,585 415.682 443,614 HL.IE 452,677 398561 37261 Company Use (Wh) 10 8301921311010 9.380 55017146 SALES (MWh) Resident 8 767.333 709578629576 8B 531,046 $42,382 ~ Commerc & das (Su# 4 «969.476 935.079 878295 859559 THVT 712281730424 Commercial &Indwsiril (ge) 4G «H5R,412 388829 38HIRH37SIS 525912 305.259 227.059 ater 352095 SRM 4387852472 51,030 131627 154,657 — Tom 5 EAT HIG 2057 330 190033 _1A38222 1,701,099 189.9 LESIONS _. ANG, USE & REVENUE PER RESIDENTIAL CUSTOMER. Average AW Used 4 2IsL 20461907 ,869 1758888 .874 ReveaerCasomer ($) 5 10528 1009 8677.17 GBH 3BIB. 2031 = cons 1 i Ol 553K BEC Since 1992/93 Municipals are included in © smal 2812 mh avyPlanet project planning network Confident 20 MW Wind Energy Fant, Jemsice Appendix 16 Financial and Operational Statistics of JPSCo taken from the 1997 Annual Report Code: JAWCOT Appendlx 16 ‘© Copprigit Planet 1989FIXED ASSETS. less acoumulated dep, NET WORKING CAPITAL & OTHER ASSETS NEV TOTAL ASSETS CAPITAL EMPLOYED Represented by tang term deb (8) Deferred credits (8) Share Capital (8) Share premium ($5) Capt Resene (8) Equi advances (8) Reined earnings (30) oral (%) REVENUE AND EXPENSES ‘OPERATING REVENUE Less surcharge LESS EXPENSES, Fel and Purchased Energy Purchased Power Capacity Operating & Main Income Tax Depreciation Operating (Loss) income Aowance for funds used daring const, (Loss)/ncome heforeinerest carpe Ineces changes Other charges Net (Loss /income fore Ext & Exe. Hens xceprional tent Net (Loss)fncome before Extraordinary lem Exirtondinary tem Net (Loss)/tncome ADD/DEDUCT) Preference dividends Bonus issue of ares ‘Transfer from capital reserve REINVESTED EARNINGS * Reclassiied for comparative purposes Financial Statistics 199697 1995/96 199495 19934 199293 1991/92 Js000 3000 J$'000 $000 J$'000 $000 7,641,951 70,427,102 * 57,075,792 51,178,273 34,087,689 29,345,909 23,852.978 45,805,301 36,881,461 _32:101,594 20643.594 185755 13,908,955 24,621,801 —20,198381 19,076,679 13,444,195 10750, 696,546 _2379.870* 1,742,713 1,660,621 909.805 126.198 14,507,499 27,001,671 21,937,044 20,737,300 14,354,000 10,896,530 14,507,499 _27,001,671_ 21,937,044 _20.737,300_14,354,000 10,896,530 ESTE BL O87 OF4 20,737,500 _ 14,354,000 _10,896,530_ 481 50748 as 238 093 075 ass 0s oan 444 1.60 197 2.08 3.01 3.96 00 0.00 00 0.00 ao oor “27.08 51.37 49.66, 55.85 Gs 36.51 00 047 028 a7 oz 025 too 49048 132 100.00 100,00 10000 Yoo 00 —io0.00° oor 9,887,997 9,817,237 7,634,961 6,392,680 5,368,756 2,976,372 9,887,997 9,817 7,634,961 6,392,680 5,368,756 2,976,372 11,139,432 9,685,962 7.572324 5.727.714 4924407 2,518,607 3,850,064 3,725,117" 3,028,958 2343069 1,802 579 1,144,624 1,568,380 738616 - SOSDI8S 2.708430 2391477 1647538 LISMS32—_Ta0,65 1226" 6474504129 “168158 558585 Fi 2.658.957 2454024 2.047.760__ 1,568,049 1412711593. (1,251,435) 31275, 62,637 664,966 444,349 457,765 16Q755__234585__bT778 481241713 yar (1,082,680) 367,860 150,415, 749,778. 486,092 ATL, 478.982 483547 2860791250698 IS 9,648 8,337, 4368 3,470, 3,833 8.641 1571310) Ces.oaa) C052) b21.239 953290 eT (80,285) siie : (1,651,595) (124,024) (140,032) 621,239, 233,270, OL (869,633) : : : ae eee eee eee 521,228) (124024) (440032) 62139253270 T7671 (169) (169) (169) (169) (169) (169) (86,327) f He L737 891,569 15074 _—_a4gns 531.96 410,407) 767,176 674,873 995,984 765,097