Year Ats Asub Net amount

1 2,000,000.00 1,875,000.00 125,000.00

2 3,000,000.00 2,812,500.00 187,500.00
3 4,000,000.00 3,750,000.00 250,000.00
4 4,000,000.00 3,750,000.00 250,000.00
5 3,000,000.00 2,812,500.00 187,500.00
Total 16,000,000.00 15,000,000.00 1,000,000.00

Year Interest Grant Carrying Amount 20,000,000.00

0 9,263,869.76
1 741,109.58

Date Amount Spent Fraction

Given Jan-01 3,000,000.00 1.00
Spend 2020 3,000,000.00 Mar-30 5,000,000.00 0.75
Spend 2021 5,000,000.00 8,000,000.00
Principal Amount 10,000,000.00
Nominal rate 5% Average Carrying value
Net proceed 9,732,700.00
Effective rate 6%
Investment Income 480,000.00

Barrowing Principal Interest

A 10,000,000.00 5%
B 15,000,000.00 8%
Total 25,000,000.00

Date Amount
Jan-01 1/4 3,000,000.00
Mar-30 1/2 7,000,000.00
Sep-30 1/4 12,000,000.00

1.28 3,000,000.00
2020 7,835,261.66 7,000,000.00
2020 391,763.08 8,227,024.75 12,000,000.00
2021 411,351.24 8,638,375.99
2022 431,918.80 9,070,294.78
2023 453,514.74 9,523,809.52 33,524.00
2024 476,190.48 10,000,000.00 1,207,000.00

Date CAS
 Jan-01 4,800,000.00
Oct-30 10,800,000.00
Average Expe
Am Specific
Am General

Specific 4,900,000.00
General 900,000.00

Jan 4,800,000.00
Oct 6,000,000.00

A CV
Specific Borrowing
general Borrowing

5,000,000.00
800,000.00
 Interest to be capitalize
Specific 10,000,000.00 0.05 500,000.00

general
Capitilization rate
Date Amount Spent Fraction Average
Jan-01 3,000,000.00 1.00 3,000,000.00
Mar-30 5,000,000.00 0.75 3,750,000.00
2.16 8,000,000.00 6,750,000.00

6,250,000.00
Average
3,000,000.00 Rate Principal Interest
3,750,000.00 5% 10,000,000.00 500,000.00
6,750,000.00 6% 9,732,700.00 583,962.00
Total 19,732,700.00 1,083,962.00
6,750,000.00 0.055
370,792.82

10,000,000.00
9,732,700.00 0.06
267,300.00
- 240,000.00
Interest Expense 27,300.00
500,000.00
1,200,000.00
1,700,000.00
25,000,000.00
0.068

51,000.00
238,000.00
204,000.00
493,000.00
0.25 750,000.00
0.50 3,500,000.00
0.25 3,000,000.00
7,250,000.00

MU Average
 0.83 4,000,000.00
0.17 1,800,000.00
5,800,000.00
4,900,000.00
900,000.00

0.07 343,000.00
0.10 90,000.00
433,000.00
5,367,000.00
1.00 4,800,000.00
0.17 1,000,000.00
5,800,000.00

5,800,000.00
5,000,000.00 10,000,000.00
800,000.00 10%
1,000,000.00
7% 250,000.00 800,000.00
10% 80,000.00 80,000.00
330,000.00 720,000.00
5,470,000.00
50,000.00
5,520,000.00
- 240,000.00 260,000.00 1,000,000.00 480000
520,000.00

###

1/4
600,000.00
1,100,000.00 750,000.00
480000 480,000.00
620,000.00 270,000.00
583,962.00 480,000.00
480,000.00 1,200,000.00
103,962.00 583,962.00
583962 616,038.00
- 240,000.00
343,962.00
 1
Year Amount to spend Amount subsidized by the Government 19:25:25:19:13
1 2,000,000.00 1,875,000.00
2 3,000,000.00 2,812,500.00
3 4,000,000.00 3,750,000.00
4 4,000,000.00 3,750,000.00
5 3,000,000.00 2,812,500.00
Total 16,000,000.00 15,000,000.00
13%
Journal Entry
Deferred Grant Income 2,812,500.00
Grant Income

Depreciation 625,000.00
Acumulated Depreciation

Initial Cost
741109.5808

Year Interest Grant

0
1 741,109.58
2 800,398.35
3 864,430.22
4 933,584.63
5 1,008,271.40
6 1,088,933.12
7 1,176,047.76
8 1,270,131.59
9 1,371,742.11
10 1,481,481.48
Journal Entry
Interest Expense
Discount On note

Deferred grant Income

Grant Income
 Year Depreciation per Year
Net amount spend
125,000.00 0.125
187,500.00 0.1875
250,000.00 0.25
250,000.00 0.25
187,500.00 0.1875
1,000,000.00 100

2,812,500.00 0.125

625,000.00
2.16

Carrying Amount
9,263,869.76
10,004,979.34
10,805,377.69
11,669,807.91
12,603,392.54
13,611,663.94
14,700,597.06
15,876,644.82
17,146,776.41
18,518,518.52
20,000,000.00

800,398.35
800,398.35

800,398.35
800,398.35
Date Amount Spent Fraction Average
Jan-01 8,000,000.00 1 8,000,000.00
Sep-30 4,000,000.00 1/4 1,000,000.00
12,000,000.00 9,000,000.00

T Expenditures in 2020 12,000,000.00

Capitalize Interest - 10,000,000.00

Name Principal Aount Interest Interest Expense

A 2,000,000.00 8% 160,000.00
B 6,000,000.00 9% 540,000.00
8,000,000.00 700,000.00
0.0875
700,000.00

Borrowing
Date Cumulative Amount Spent Fraction Average
Jan-01 12,450,000.00 1 12,450,000.00
Apr-30 3,000,000.00 8/9 2,666,666.67
15,450,000.00 15,116,666.67

Average Expenditure 15,116,666.67

Less:Specific Loans 10,000,000.00
General Loans 5,116,666.67

Cumulative expenditures 15,450,000.00

Specific 10,000,000.00 525,000.00
Investment Income-Specific - 187,500.00
general 5,116,666.67 335,781.25
Total Cost 16,123,281.25

Barrowing Principal Interest

A 2,000,000.00 8%
B 6,000,000.00 9%
Total 8,000,000.00
A. Interestto be capitalize
Specific (10m*.07) 700,000.00
General
Capitalization rate
Annual Interest from General Borrowing
2m*.08 160,000.00
6m *.09 540,000.00
Total Annual Interest Expense 700,000.00
Divide:face Value(2m+6m) 8,000,000.00
Rate 0.0875

A. Average Expenditures
Jan-01 8,000,000.00 8,000,000.00
Sep-30 4,000,000.00 1,000,000.00
9,000,000.00
10,000,000.00
- 1,000,000.00
0.09
- 87,500.00
Interest to be capitalize
Total Interest Incrud, General 700,000.00

Date Cumulative Amount Spent Fraction Average

Jan-01 12,450,000.00 1 12,450,000.00
Apr-30 3,000,000.00 8/9 2,666,666.67
15,450,000.00 15,116,666.67

Average Expenditure 15,116,666.67

Less:Specific Loans 10,000,000.00
General Loans 5,116,666.67

Cumulative expenditures 15,450,000.00

Specific 10,000,000.00 525,000.00
Investment Income-Specific - 187,500.00
general 5,116,666.67 335,781.25
Total Cost 16,123,281.25
Interest rate Interest Expense Barrowing Amount Rate
0.09 700,000.00 A 2,000,000.00 8%
0.09 87,500.00 B 6,000,000.00 9%
787,500.00 Total

Total Expenditures 12,000,000.00

Specific 700,000.00
Interest Income Form Specific Borrowing - 250,000.00
Cost of Plant 2021 12,450,000.00

700,000.00

187,500.00

Interest Expense
160,000.00
540,000.00
700,000.00
364,218.75
2,021.00 2022
Annual Interest Expense 700,000.00 700,000.00
Interest Capitalize - 335,781.25
Interest Expense 700,000.00 364,218.75
Interest Expense
160,000.00
540,000.00
700,000.00