| YEAR | |||||
| 1 | 2 | 3 | 4 | 5 | |
| Capital costs | |||||
| Land | 384,000 | - | - | - | - |
| Ponds-Construction | 239,400 | 126,200 | 133,300 | 126,200 | - |
| -Equipment | 109,600 | 79,800 | 82,700 | 55,000 | - |
| Hatchery-construction | - | 20,000 | 14,000 | - | - |
| -Equipment | - | 20,000 | 15,000 | - | - |
| Post harvest-Construction | - | 10,200 | - | 4,000 | - |
| -Equipment | - | 1,700 | - | 1,700 | - |
| Office/House-Constr. | 19,200 | - | 8,000 | - | - |
| Office - Equipment | 5,000 | 6,700 | - | - | - |
| SUBTOTAL | 757,200 | 264,600 | 253,000 | 186,900 | - |
| Fixed Operating Costs | |||||
| Personnel | 10,200 | 23,000 | 28,200 | 36,600 | 41,700 |
| Fuel | 200 | 1,200 | 1,800 | 2,400 | 3,200 |
| Maintenance | - | 1,000 | 1,000 | 2,000 | 2,000 |
| Proffessional fees | 10,000 | 1,000 | 1,000 | 1,000 | 1,000 |
| Communication | 1,200 | 1,200 | 1,200 | 1,200 | 1,200 |
| Travel | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 |
| Consultant | 30,000 | 70,000 | 60,000 | 30,000 | - |
| SUBTOTAL | 53,600 | 99,400 | 94,200 | 74,200 | 50,100 |
| Cost of Production | |||||
| Grow-out ponds | - | 137,600 | 191,600 | 252,800 | 337,000 |
| Hatchery | - | 0 | 10,000 | 13,000 | 13,000 |
| SUBTOTAL | - | 137,200 | 190,800 | 251,600 | 335,400 |
| Post Harvest Costs | |||||
| Processing | - | 16,200 | 31,100 | 46,000 | 60,900 |
| Transport | - | 18,800 | 37,600 | 56,400 | 75,200 |
| SUBTOTAL | - | 35,000 | 68,700 | 102,400 | 136,100 |
| TOTAL COSTS | 810,800 | 536,200 | 606,700 | 615,100 | 521,600 |
TABLE 12. COSTS FOR CONSTRUCTION
| YEAR | |||||
| 1 | 2 | 3 | 4 | 5 | |
| Pump station | 12,000 | - | - | - | - |
| Water distribution system | 4,000 | - | 2,900 | - | - |
| Aeration distribution system | 4,700 | 4,700 | 4,700 | 4,700 | - |
| Electricity 5 km to farm | 64,500 | - | - | - | - |
| Elec. connection to aerators | 8,000 | 8,000 | 8,000 | 8,000 | - |
| Elec. connection to pumps | 3,000 | - | 3,000 | - | |
| Earthwork for ponds | 69,500 | 69,500 | 69,500 | 69,500 | - |
| Pond Gates | 7,000 | 7,000 | 7,000 | 7,000 | - |
| Ponds Dividers | 11,700 | 11,700 | 11,700 | 11,700 | - |
| Greenhouses | 8,760 | 8,760 | 8,760 | 8,760 | - |
| Road | 5,700 | - | - | - | - |
| Fence | 9,300 | - | - | - | - |
| Engineering 5% of Total | 10,400 | 5,500 | 5,800 | 5,500 | - |
| Contingency 10% of Total | 20,800 | 11,000 | 11,600 | 11,000 | - |
| TOTAL | 239,360 | 126,160 | 132,960 | 126,160 | - |
TABLE 13. COSTS OF PRODUCTION FOR GROW-OUT PONDS
| YEAR | |||||
| 1 | 2 | 3 | 4 | 5 | |
| Post Larvae | - | 30,720 | 30,720 | 11,520 | 15,360 |
| Feed | - | 89,848 | 126,720 | 190,080 | 253,440 |
| Electricity | - | 10,416 | 20,832 | 31,248 | 41,664 |
| Harvesting | - | 1,500 | 3,100 | 4,600 | 6,100 |
| Maintenance | - | 1,200 | 2,400 | 3,600 | 4,800 |
| Greenhouse covers | - | 1,720 | 3,440 | 5,160 | 6,880 |
| Misc. | - | 1,800 | 3,600 | 5,400 | 7,200 |
| TOTAL | - | 137,204 | 190,812 | 251,608 | 335,444 |
Assumptions for Table 13.
a) POSTLARVAL SEED STOCK
- Stocking rate: 3,600 kg ha-20 g=180,000/ha.
Assuming 25% MORTALITY 240,000 must be stocked.
- Price: Year 2= $ 8 per 1,000, Year 3=$ 4 per 1,000.
Years 4&5 = $ 1 per 1,000.
| - | Year | 1,000/ha | No. of ha | Cost/1,000 | TOTAL COST |
| 2 | 240 | 16 | 8 | 30,720 | |
| 3 | 240 | 32 | 4 | 30,720 | |
| 4 | 240 | 48 | 1 | 11,520 | |
| 5 | 240 | 64 | 1 | 15,360 |
Feed
- Year 1, Import a 35% protein feed at a cost of $ 0.78/kg.
- Year 2, Import essential ingredients & formulate feed in Turkey at a cost of $ 0.55/kg.
- Food conversion ratio of 2:1
| Year | No.of ha | Yield/ha | FCR | Kg feed/ha | $/kg | TOTAL COST | |||||
| 2 | 16 | × | 3,600 | × | 2 | = | 115,200 | × | 0.78 | = | 89,856 |
| 3 | 32 | × | 3,600 | × | 2 | = | 230,400 | × | 0.55 | = | 126,720 |
| 4 | 48 | × | 3,600 | × | 2 | = | 345,600 | × | 0.55 | = | 190,080 |
| 5 | 64 | × | 3,600 | × | 2 | = | 460,800 | × | 0.55 | = | 253,440 |
c) Electricity
Assume: Water pump=2 hp/ha, paddlewheel aerator=1.3 hp/ha air blowers 0.9 hp/ha. Total = 4.2 hp/ha.
| Apr | May | June | Jul. | Aug. | Sep. | Oct. | Nov. | |
| Water pump | 2hp | 0.5hp | 0.5hp | 1hp | 2hp | 2hp | 2hp | 0.5hp |
| Paddlewheels | - | - | - | 1.3hp | 1.3hp | 1.3hp | 1hp | 0.65hp |
| Airblower | - | - | - | 0.9hp | 0.9hp | 0.9hp | 0.68hp | 0.45hp |
| TOTAL hp in use | 2 | 0.5 | 0.5 | 3.2 | 4.2 | 4.2 | 3.65 | 1.6 = |
19.85 hphrx720 (hrs used/mo) × 0.75 (conv. factor)=
10,719 kwhr × 76 tl/kw = 814,644 tl
or $ 651/ha/yr.
| Year | No. of ha | Cost/ha | Annual Cost |
| 2 | 16 | $ 651 | $ 10,416 |
| 3 | 32 | $ 651 | $ 20,832 |
| 4 | 48 | $ 651 | $ 31,248 |
| 5 | 64 | $ 651 | $ 41,664 |
d) Harvesting
Each pond= 4 labourers per dayxtl 6.000 = 120,000= $96.
| Year | No. of ponds | Cost/Pond | Total Cost |
| 2 | 16 | 96 | $ 1,536 |
| 3 | 32 | 96 | 3,072 |
| 4 | 48 | 96 | 4,608 |
| 5 | 64 | 96 | 6,144 |
| YEAR | |||||
| 1 | 2 | 3 | 4 | 5 | |
| Manager | 7,680 | 7,680 | 7,680 | 7,680 | 7,680 |
| Technician (1 per 8 ha) | 1,440 | 2,880 | 2,880 | 5,760 | 5,760 |
| Laborer (1 per 4 ha) | - | 4,608 | 9,216 | 13,824 | 18,432 |
| Secretary-bookkeeper 1) | - | 1,920 | 1,920 | 1,920 | 1,920 |
| Driver (1) | - | 1,152 | 1,152 | 1,152 | 1.152 |
| Guard (2) | - | 2,304 | 2,304 | 2,304 | 2,304 |
| Tax | 1,094 | 2,465 | 3,018 | 3,917 | 4.470 |
| TOTAL | 10,214 | 23,009 | 28,170 | 36,557 | 41,718 |
| YEAR | |||||
| 1 | 2 | 3 | 4 | 5 | |
| Planning and construction | 30,000 | - | - | - | - |
| Grow-out | - | 50,000 | 50,000 | 30,000 | - |
| Hatchery | - | 10,000 | 10,000 | - | - |
| Processing | - | 10,000 | - | - | - |
| TOTAL | 30,000 | 70,000 | 60,000 | 30,000 | - |
| YEAR | |||||
| 1 | 2 | 3 | 4 | 5 | |
| Labor | - | 1,900 | 3,800 | 5.700 | 7,600 |
| Local Transport | - | 1,300 | 1,300 | 1,300 | 1,300 |
| Ice | - | 4,600 | 9,200 | 13,800 | 18,400 |
| Boxes | - | 1,500 | 3,000 | 4,500 | 6,000 |
| Freezing and storage | - | 6,900 | 13,800 | 20,700 | 27,600 |
| Transport to Market | - | 18,800 | 37,600 | 56,400 | 75,200 |
| TOTAL | - | 35,000 | 68,700 | 102,400 | 136,100 |
LABOUR: Transporting shrimp from ponds side to the processing area will require 2 men for 30 days for 20 ponds = $ 18/ha.
- Washing shrimp and moving them in and out of the chill tanks will require 1 man for 30 days for 20 ponds = $ 9/ha.
- Packaging shrimp will take 10 persons for 30 days for 20 ponds = $ 90/ha.
- Total labour cost = $ 117/ha of 3,600 kg or $ 0.325 /kg.
LOCAL TRANSPORT: Rental of truck with insulated box= $ 1,200 per month.
- Fuel = $ 100 for 30 day harvest period
ICE: Assume ice useage of 3 kg/kg of shrimp at a price of $ 0.08 per kg.
BOXES: Assume a cost of $ 0.11 per box of 2.2 kg or $0.05 /kg freezing and 1 month cold storage would cost $ 0.12/kg in Adana.
TRANSPORT TO MARKET: A truck carrying 15,000 lbs to Europe would cost $4,700.
TABLE 17. EQUIPMENT FOR POND GROW-OUT OPERATION
| YEAR | |||||
| 1 | 2 | 3 | 4 | 5 | |
| Pickup truck 1/2 t | 10,400 | - | - | - | - |
| Small tractor | 6,500 | - | - | - | - |
| Trailer -(2) | 980 | 650 | 650 | 650 | - |
| Scale 150 kg | 1,950 | - | - | - | - |
| Blower feeder | 1,560 | 1,560 | 1,560 | 1,560 | - |
| 4 wheel “All-Terrain | |||||
| Vehicle” TV | 3,380 | 3,380 | 3,380 | 3,380 | - |
| Harvest nets | 780 | 780 | 780 | 780 | - |
| Dissolved oxygen meter | 1.560 | - | 1,560 | - | - |
| Salinometer | 910 | - | 910 | - | - |
| Generator, 200 KVA | 4,040 | - | - | - | - |
| Water pump | 21,400 | 21,400 | 21,400 | - | - |
| Paddlewheel aerotors (1 hp) | 19,500 | 19,500 | 19,500 | 19,500 | - |
| Air-Lift panels | 3,120 | 3,120 | 3,120 | 3,120 | - |
| Air blowers | 13,000 | 13,000 | 13,000 | 13,000 | - |
| Spare parts (6%) | 5,669 | 4,127 | 4,276 | 2,843 | - |
| Misc. 10% | 9,448 | 6,879 | 7,126 | 4,739 | - |
| TOTAL | 109,597 | 79,796 | 82,662 | 54,972 | - |
LAND
An 80 ha site is planned on which ponds with a water surface area of 64 ha will be constructed. Twenty percent, 16 ha, is allowed for dikes, shore protection, roads and buildings.
The cost of land is set at 6,000,000 TL or $ 4,800/ha.
