Financial Model

Directions

1 Please add appropriate formulae in the cells filled with the following color

2 The project is divided into 2 stages - Development and Life of project. Development stage of the project
is completely built out in the model. Please do not disturb other formulae in the model. Only work in
cells with fill color shown in step - 1

3 Assumptions are shown in Red. Price and Quantity estimates are provided to complete the income
statement.

Activities

1 Project cost for the period is the sum of the hard cost and the capitalized interest for the period.

2 Cumulative project cost is sum of previous cumulative project cost and project cost for the period.

3 Hard cost is calcualted as phasing percentage multiplied by cumulative project cost.

4 Equity value is calculated as weight of the equity in funding mix times the project cost of the period.

5 Debt value is calculated as weight of the equity in funding mix times the project cost of the period.

6 Cum equity is calculated as the sum of previous cum equity and current equity contribution.

7 Opening debt is the closing debt of previous period.

8 Capitalized interest rate is calculated as interest rate multiplied by opening debt.

9 Additions is the amount of debt added in the current period.

10 Closing debt is the sum of opening debt and additions.

<===