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  • Yilendwe Excel

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    sanjay gautam
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    1) The document presents financial projections for a project over 4 years including revenue, costs, profits, taxes, cash flows, and NPV. 2) In year 3, the project generates $40.6 million in taxable profits and $37.6 million in after-tax cash flow. 3) The net present value of the project's cash flows is $169,280, indicating the project will generate positive returns.

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    ACCA AFM kit excel notes

    Original Title

    YILENDWE EXCEL

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    1) The document presents financial projections for a project over 4 years including revenue, costs, profits, taxes, cash flows, and NPV. 2) In year 3, the project generates $40.6 million in taxable profits and $37.6 million in after-tax cash flow. 3) The net present value of the project's cash flows is $169,280, indicating the project will generate positive returns.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    7 views4 pages

    Yilendwe Excel

    Uploaded by

    sanjay gautam
    1) The document presents financial projections for a project over 4 years including revenue, costs, profits, taxes, cash flows, and NPV. 2) In year 3, the project generates $40.6 million in taxable profits and $37.6 million in after-tax cash flow. 3) The net present value of the project's cash flows is $169,280, indicating the project will generate positive returns.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 4

    appendix:

    time 0 1 2 3
    figures are in millions term:
    all cf in YR currency
    revenue 18191.25 66753.29 111440.6
    parts cost -5195.526 -19063.61 -31827.86
    variable cost -2920.68 -10720.06 -17901.17
    fixed cost -5612 -6436.964 -7067.786

    tax allowable royalties -4323.6 -4813.2 -5130


    tax allowable depreciation -4500 -4500 -4500
    profit/loss -4360.556 21219.45 45013.76
    relief 0 0 -4360.556
    taxable profit 40653.21
    tax -16261.28
    add back loss c/f 4360.556
    add back : depreciation 4500 4500 4500
    cashflow after tax 139.444 25719.45 37613.04
    land and building invesment -21000
    machinery investment -18000
    residual value
    incremental working capital -9600 -2112 -1721.664 -1316.499
    foreign cashf flow -48600 -1972.556 23997.79 36296.54

    exchange rate 101.4 120.1 133.7 142.5

    cashflow in home currency -479.2899 -16.42428 179.4898 254.7125


    royalties 36 36 36
    contributions 18.54 61.10784 95.72289
    tax thereon -10.908 -19.42157 -26.34458
    redundancy and lost contribution -0.02 -0.055697 -0.057368
    project free cashflow -479.2899 27.18772 257.1204 360.0335
    discount factor 1 0.893 0.797 0.712
    present value -479.2899 24.27863 204.9249 256.3438

    NPV 169.2798

    workings:
    yilandwe tax rate 40%
    us tax rate 20%
    time 0 1 2 3

    w1 inflation rate
    yilandwe inflation rate 33% 22% 14.70% 9.80%
    EU inflation rate 5% 5% 4%
    US inflation rate 3% 3% 3%
    w2 working capital
    working capital requirement 9600 11712 13433.66 14750.16
    working capital investment 0 9600 11712 13433.66
    incremental -9600 -2112 -1721.664 -1316.499

    w3 exchange rate
    YR per €1 142 165 180.2 190.2
    € per $1 0.714
    YR per $1 101.4 120.1 133.7 142.5

    w4 sales
    sales price (€) per component 0.0007 0.000735 0.000772 0.000803
    sales price (YR) per compnenent 0.121275 0.139069 0.152658

    w5 no. of component sales 150000 480000 730000

    w6 cost
    parts cost ($) 0.00028 0.000288 0.000297 0.000306
    parts cost (YR) per component 0.028392 0.034637 0.039716 0.0436
    variable cost on assembling (YR ) 0.01596 0.019471 0.022333 0.024522
    fixed cost (YR) 4600 5612 6436.964 7067.786

    w7 contribution
    contribution 120 123.6 127.308 131.1272

    w8 royalties
    $ 36 36 36
    YR 4323.6 4813.2 5130
    4

    60340.59
    -17233.25
    -9693.114
    -7760.43

    -5468.4
    -4500
    15685.39

    15685.39
    -6274.157

    4500
    13911.24

    14750.16
    28661.4

    151.9

    188.686
    36
    48.62198
    -16.9244
    -0.059089
    256.3245
    0.636
    163.0224

    9.80%
    4%
    3%
    14750.16
    14750.16

    200.8

    151.9

    0.000835
    0.167613

    360000

    0.000315
    0.04787
    0.026925
    7760.43

    135.0611

    36
    5468.4

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