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Rent Reliance

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RENT RELIANCE IN

TYPE BRAND MODEL YEAR MODEL YEAR ACQUIRED


TOYOTA HILUX-01 (PICK-UP) 2018 23-Jul-18
TOYOTA HILUX-02 (PICK-UP) 2018 9-Oct-18
TOYOTA HILUX-04 (PICK-UP) 2019 19-Mar-19
TOYOTA HILUX CONQUEST (PICK-UP) 2018 14-Nov-18
Service Vehicle: ISUZU CROSSWIND 2017 25-Feb-18
ISUZU ST-01 (DOUBLE CAB) 2019 16-Nov-19
JMC ST-02 (DROPSIDE) 2018 16-Jan-19
ISUZU BT-01 (BOOMTRUCK) 2015 15-Jan-18
Light Vehicle: MITSUBISHI BT-02 (BOOMTRUCK) 2014 13-Apr-18
LIUGONG PL-01 (CLG855H) 2020 1-Jan-20
LIUGONG PL-02 2020 2-Jan-20
LONKING BH-02 2018 3-Jan-20
LIUGONG BH-03 (CLG922E) 2019 4-Jan-20
MITSUBISHI SLT (FUSO) 2013 9-Oct-18
ISUZU PISON 2013 19-Mar-19
Heavy Equipments: HONDA CONCRETE CUTTER 2013 14-Nov-18
YANMAR BAGGERMIXER 2010 1-Jan-20
YANMAR BAGGERMIXER 2010 16-Nov-19
YANMAR BAGGERMIXER 2010 16-Jan-19
YANMAR TOWERLIGHT 2010 15-Jan-18
YANMAR TOWERLIGHT 2010 13-Apr-18
YANMAR TOWERLIGHT 2010 1-Jan-20
YANMAR TOWERLIGHT 2010 2-Jan-20
SANWA SUBMERSIBLE WATER PUMP (2HP) 2010 3-Jan-20
Other Equipments: SANWA SUBMERSIBLE WATER PUMP (1HP) 2010 4-Jan-20

Computation for WACC = (Value of Equity/Value of Equity + Value of Debt)(Cost of Equity) + (Value of Debt/Value o

Wherein: Cost of Equity= (Risk Free Rate + Beta)(Market Return - Risk Free Rate)
Cost of Debt = Real Risk Free Rate + IP+ DRP + MRP

Cost of Equity = (0.022+0.013)(0.08-0.022)= 0.00203


Cost of Debt= (0.12)(1-0.3)=0.084

WACC= (0.00203)(14,573,454/16149754)+(0.084)(1576,299/16149,754)=0.01
RELIANCE INC.

USEFUL DAILY Payback Payback Period SALVAGE Discounted


ACQUISITION COST LIFE RENTAL Period (Years) VALUE Cash Flow
1,210,000.00 8 2,000 605 10.08 100,000 - 199,450.35
1,203,700.00 8 2,000 602 10.03 100,000 - 193,150.35
1,221,000.00 9 2,000 611 10.18 100,000 - 101,643.91
1,820,700.00 8 2,000 910 15.17 100,000 - 810,150.35
680,000.00 8 2,000 340 5.67 50,000 284,375.00
600,000.00 9 1500 400 6.67 50,000 216,658.57
852,000.00 9 1500 568 9.47 50,000 - 35,341.43
1,235,520.00 8 1500 824 13.73 50,000 - 500,694.84
1,340,000.00 8 1500 893 14.89 100,000 - 559,000.68
3,400,000.00 10 3000 1,133 18.89 200,000 - 1,514,107.79
3,400,000.00 10 3000 1,133 18.89 200,000 - 1,514,107.79
2,450,000.00 10 3000 817 13.61 150,000 - 609,372.14
4,950,000.00 10 3000 1,650 27.50 250,000 - 3,018,843.45
2,000,000.00 8 3000 667 11.11 100,000 - 530,350.00
280,000.00 9 1000 280 4.67 20,000 252,247.85
26,000.00 8 500 52 0.87 0 203,550.33
42,000.00 10 1000 42 0.70 0 526,278.27
42,000.00 9 1000 42 0.70 0 471,961.05
42,000.00 9 1000 42 0.70 0 471,961.05
180,000.00 8 1000 180 3.00 5,000 283,718.00
180,000.00 8 1000 180 3.00 5000 283,718.00
180,000.00 10 1000 180 3.00 5000 392,804.71
180,000.00 10 1000 180 3.00 5000 392,804.71
40,000.00 10 1000 40 0.67 0 528,278.27
40,000.00 10 1000 40 0.67 0 528,278.27

27,594,920.00 - 4,749,579.00

(Value of Debt/Value of Equity + Value of Debt)(Cost of Debt)(1-Tax Rate)

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