NET CASHFLOW CONTRACTOR

Contractor Inflow Contractor Outflow CAPEX Contractor Outflow OPEX Net Cashflow

25000000

20000000

15000000
MUS$

10000000

5000000

-5000000
1 2 3 4 5 6 7 8 9 10
PSC CASH FLOW EXAMPLE : COMPANY "PTM", FIELD "X"

BASIC ASSUMPTION
Government Share before tax : 85%
Contractor Share before tax : 15%
Government Share after tax : 71% 1- Contractor share before tax
Contractor Share after tax : 29% Contractor share before tax/(1-tax)
FTP : 20%
DMO : 25%
DMO FEE : 25%
Investment Credit : 17%
Tax : 48%

Parameter
Year 1 2

Parameters 1 2

Capital Cost $ 3000 2000

Capital Cost Depreciation $
Non Capital Cost 12000 8000
Cost to be Recovered $
Lifting, Mbbl 0 0
Crude Price, US$/Bbl 15 15
Gross Revenue Before FTP $ - -
Contr Split After Tax % 15% 15%
Effective Tax Rate % 48% 48%
Contractor Split (before tax) $ - -
Government Split (before Tax) $ - -
FTP, % % 20% 20%
FTP, M$ $ 0 0
Gross Revenue After FTP $ - -
Max Cost Recovery $ 0 0
Unrecovered Cost - -
Non Capital Amort
Non Capital $ 12000 8000
Depreciation $
Operating Cost $ - -
Cost Recovery $ - -
Investment Credit % 17% 17%
Investment Credit $ - -
Recoverable Cost $
Equity To Be Split (ETS) $

CONTRACTOR: $
Equity Share $ - -
FTP Share $ - -
DMO $
DMO Fee $
Contractor Take $

Tax $ - -
Government share $ - -
FTP Share $ - -
DMO $ - -
Government Take $

-15000 -10000
- -

Asumsi before tax

Government Share : 71%
Contractor Share : 29%
DEPRECIATION PARAMTRS
Capital ( C ) 3000 2000
Double Decline Parameters:
Masa guna aset (tahun) ke-1
Faktor Depresiasi (F)
( 1 - 2F )
Nilai Sisa (NS) Awal Tahun
Nilai Sisa (NS) Akhir Tahun

Masa guna aset (tahun) ke-2

Faktor Depresiasi (F)
( 1 - 2F )
Nilai Sisa (NS) Awal Tahun
Nilai Sisa (NS) Akhir Tahun

Straight Line Parameters:

Faktor Depresiasi (F)
Masa guna aset (tahun)
Tahun perubahan depresiasi (i)

DEPRECIATION

1 0 0
2 0
Depresiasi Tahunan 3
4
5
6
7
8
9
10
11
TOTAL DEPRECIATION 0 0
re tax/(1-tax)

3 4 5 6 7

Year
3 4 5 6 7

24000 16000 0 0 0
11600 13360 8016 4809.6 5140.8
6000 4000 0 0 0
44,600 55,860 42,516 29,810 22,641
2000 7000 7000 6000 5000
15 15 15 15 15
30,000,000 105,000,000 105,000,000 90,000,000 75,000,000
15% 15% 15% 15% 15%
48% 48% 48% 48% 48%
12,270,782.9 42,976,659.4 42,980,509.1 36,842,349.9 30,702,593.1
13,416,342.3 47,028,522.7 47,038,017.5 40,323,020.1 33,604,082.5
20% 20% 20% 20% 20%
6,000,000 21,000,000 21,000,000 18,000,000 15,000,000
24,000,000 84,000,000 84,000,000 72,000,000 60,000,000
44,600 55,860 42,516 29,810 22,641
- - - - -

6000 4000 0 0 0

7,000 24,500 24,500 21,000 17,500

44,600.0 55,860.0 42,516.0 29,809.6 22,640.8
17% 17% 17% 17% 17%
5,100,000 17,850,000 17,850,000 15,300,000 12,750,000
44,600.0 55,860.0 42,516.0 29,809.6 22,640.8
18,855,400 66,094,140 66,107,484 56,670,190 47,227,359

5,439,783 19,068,159 19,072,009 16,349,350 13,625,093

1,731,000 6,058,500 6,058,500 5,193,000 4,327,500

6,380,807.11 22,347,862.88 22,349,864.75 19,158,021.96 15,965,348.43

5,889,976 20,628,797 20,630,644 17,684,328 14,737,245

13,415,617 47,025,981 47,035,475 40,320,840 33,602,266
4,269,000 14,941,500 14,941,500 12,807,000 10,672,500
- - - - -
 23,574,593 82,596,277 82,607,619 70,812,168 59,012,011

Government Take ($) 478,686,339 79.78%

Contractor Take ($) 121,070,661 20.18%
Cost Recovery ($) 243,000.0 0.04%

-30000 -20000 0 0 0
(7,000) (24,500) (24,500) (21,000) (17,500)
6,425,407.11 22,403,722.88 22,392,380.75 19,187,831.56 15,987,989.23

24000 16000 0 0 0

29000 16000 0 0 0
11600 6400
0 6960 3840
0 0 4176 2304
0 0 2505.6 1382.4
0 0 3758.4

11600 13360 8016 4809.6 5140.8

 8 9 10 Total

8 9 10 Total

0 0 0 45000
2073.6 0 0
0 0 0 30000
19,574 14,000 14,000 243,000
5000 4000 4000 40000
15 15 15
75,000,000 60,000,000 60,000,000 600,000,000
15% 15% 15%
48% 48% 48%
30,703,478.0 24,563,261.0 24,563,261.0 245,602,895
33,606,264.9 26,886,192.3 26,886,192.3 268,788,635
20% 20% 20%
15,000,000 12,000,000 12,000,000 120,000,000
60,000,000 48,000,000 48,000,000
19,574 14,000 14,000 243000
- - - 0

0 0 0

17,500 14,000 14,000 140,000

19,573.6 14,000.0 14,000.0 243,000.0
17% 17% 17%
12,750,000 10,200,000 10,200,000 102,000,000
19,573.6 14,000.0 14,000.0
47,230,426 37,786,000 37,786,000 377,757,000

-
13,625,978 10,901,261 10,901,261 108,982,895
4,327,500 3,462,000 3,462,000 34,620,000
3,406,495 2,725,315 2,725,315
851,624 681,329 681,329
13,410,937.69 10,728,909.28 10,728,909.28 121,070,661

14,737,669 11,790,365 11,790,365 117,889,389

33,604,448 26,884,739 26,884,739 268,774,106
10,672,500 8,538,000 8,538,000 85,380,000
2,554,871 2,043,986 2,043,986 6,642,844
 61,569,489 49,257,091 49,257,091 478,686,339

Terhadap Gross Revenue

Terhadap Gross Revenue
Terhadap Gross Revenue

(17,500) (14,000) (14,000)

13,430,511.29 10,742,909.28 10,742,909.28

0 0 0 45000

6 5 4

0 0 0 45000
18000
10800
6480
3888
2073.6 5832

2073.6 45000