Table Financial Analysis

PLTM Sindang Panjang (2x1798 kW)

30% Equity :
100% Equity
Project Name : PLTM Sindang Panjang (2x1798 kW) Financial Indices 70% Loan
Case : BASE CASE Income tax 25.0% 25.0%
Value Added Tax 10.0% 10.0%
Installed Capacity 3.60 MW Debt Service Ratio (DSR) at : 12.00% Disc. Rate = 1.77 1.77
Energy Supplied 26,054 MWh/year Internal Rate of Return of Equity (ROE) 17.02%
Saleable Energy 25,533 MWh/year Internal Rate of Return of Project (ROI) 14.47%
Inhouse Power 1% Transmission Losses 1% ROE and IRR Calculation period 20 20
Debt/Equity Debt Equity Payback Period 5.74 7.22 yr
70% 30% B/C Ratio at Interest Rate of 12.00% 1.12 1.16
CF 82.7% Net Benefit at Interest Rate of 12.00% 15,793,448,635 20,601,953,461 2,014
Construction Cost including admin and initial working capital
Before Price Escalation 75,166,649,570
After Price Escalation 75,166,649,570 Index construction cost after tax 22,988,968 Rp/kW
Rental Price
Financial Budget 95,457,515,213 Year now Year 0 Levelized
787.0000 787.0000 787.0000 Rp/kWh
Financial Structures 2,011
Own Finance 24,804,994,358 Price component A B C D
Loan Portion 70,652,520,855 First year 718.82 51.19 8.93 8.07 Rp/kWh
Construction Loan 57,878,320,169 Levelized 690.66 74.59 10.00 11.76 Rp/kWh
Commitment Fee 578,783,202 Loan Condition
IDC 12,195,417,484 Interest Rate 12.0%
Total 95,457,515,213 Repayment Period 5.00
Grace Period -
Commitment Fee 1.00% 1.95%
Commission year (year 0) 2014 Des Interest During Construction (IDC) 12.0% 0.000%
De commission year (year 20) 2034 Des Fuel and OM Cost 356,400.00
Exchange of 1 US $ 9,000 Rp. Fuel Cost/Water Retribution 10.00 Rp/kWh
Assumption average domestic inflation rate 5.00% OM Cost (Fixed) 1,463,816,573 Rp/Year 375,833,248 0.5% ConsCost
Assumption average foreign inflation rate 1.50% - Biaya Personil 572,000,000
- Biaya Non Personil 478,400,000 Rp/Year
Price Escalation 0.00% /year - Asuransi (0.5%) 413,416,573 Rp/Year
Fuel Price Escalation 0.00% /year OM Cost (Variable) 230,750,000 Rp/Year ~ 9.0 Rp/kWh
Escalation of Tariff 0.00% /year Overhoul Cost 3% dari Harga ME 669,764,325 Rp/5Year
Power Supply Condition
Initial supply in year 0 0.0% capacity Income Statement 2034
Sales Revenues 401,895,092,407
Operating Expenses 217,867,959,166
Financial Expenses 25,434,907,508
Net Income before Tax 261,603,775,692
Income Tax 65,400,943,923
Net Income after tax 196,202,831,769

FinansialAnalisis_PLTMSindangpanjang_r1_02-Inv.naik10%