A N N E X 1
ASSESSMENT OF THE EX-FARM PRICE FOR AN EXPORT OF SHRIMPS
ON THE US MARKET
- Sales of 100 tons of head off frozen shrimps on the U.S. market.
US CLASSIFICATION (TAIL/POUND) | % OF PRODUCTION (1) | AMOUNT (POUNDS) |
US $/ POUND (2) | VALUE (US $) |
---|---|---|---|---|
21/25 | 12 | 26 500 | 5,76 | 152 640 |
26/30 | 30 | 66 370 | 5,24 | 347 779 |
31/35 | 26 | 57 520 | 4,79 | 275 521 |
36/40 | 16 | 35 400 | 4,46 | 157 884 |
41/50 | 13 | 28 760 | 4,01 | 115 328 |
Various | 3 | 6 640 | 1,5 | 9 960 |
- Total CIF value | 1 059 112 | |||
- Transportation (0,5 US $/kg) | 50 000 | |||
- Precessing cost (0,7 US $/kg | 70 000 | |||
- Total ex-farm value for 100 tons headless shrimps | 939 112 | |||
- Ex-farm price/kg of headless shrimp | 9,39 | |||
- Ex-farm price/kg of whole shrimp (3) | 6,26/kg |
(1) Reference grow-out farms in Ecuador
(2) (US CIF Prices in October, November, December 1985) × 1,04
(3)
A N N E X 2
GENERAL DESCRIPTION AND INVESTMENT COST
OF A 500 HA GROW-OUT FARM
I - DESCRIPTION OF THE FACILITIES
A - Ponds
50 grow-out ponds of 10 ha (220 m × 455 m) each (the exact surface of each pond is adapted to the site topography) and 20 pregrowing ponds. All the ponds are earth made in digging and filling.
B - Pumping station
Marine or brackish water is directly supplied into the farm by a pumping station (52 000 m3/h). The daily water renewal rate is about 10 % of the ponds volume. A network of earth made channels supplies by gravity the water from the pumping station to the rearing ponds.
C - Buffer water volume
Buffer facilities are necessary between the pumping station and the rearing ponds. They will allow :
1st : As settling pond to reduce the silt content in the water (about 12 hours of settling are necessary).
2nd : To reduce the range of salinity variations inside of the rearing ponds.
In relation to the exact site topography, these buffer facilities will consist of :
- Either the main water supply channel,
- Or a specific settling pond (upstream of the ponds).
In that latter case, chicanes will be installed in the pond. They will increase the period of passage of the water and, thus, will improve the settling efficiency.
D - Housings and buildings
- One general operation building with :
-- Workshop and store,
-- Food storage,
-- Ice making plant,
-- packaging hall,
-- Office, wc, laboratory.
- One housing building for 50 workers, including one canteen for the whole staff ;
- One house with 2 flats.
E - Equipments and vehicles
- Technical equipments such as diesel power generators (for the buildings but also mobile units for fishing operations, etc…) and one ice making plant (500 kg/day) for brackish water.
- Laboratory equipments.
- Vehicles and operation equipments such as :
-- Agricultural tractors with loading platforms,
-- Small bulldozers for a regular cleaning of the ponds and the maintenance of the dikes,
-- Motorcycles,
-- A dredger for the maintenance of the settling pond and channels.
- Boats such as :
-- 2 barges (40 to 50 H.P.) for the logistic needs between Paramaribo and the farm site,
-- 55 light boats (5 H.P.) for feed supply in the ponds.
- Various miscellaneous equipments such as nets, scales, fish boxes, etc…
II - INVESTMENT COSTS ESTIMATE AND PLANNING
Y E A R S | |||||||||
ITEMS | LIFE PERIOD EXPECTANCY | % OF FOREIGN COMPONENT | TOTAL COST | 1 | 2 | 3 | 4 | 5 | 6 |
Earthworks | 15 years | 25 % | 3 081 200 | 970 800 | 351 680 | 615 600 | 879 360 | 263 760 | - |
Hydraulic works | 15 years | 65 % | 3 078 000 | 250 000 | 1 021 200 | 375 000 | 803 400 | 628 400 | - |
Shed, buildings, miscellaneous buildings | 10 years | 60 % | 1 802 490 | 95 000 | 650 000 | 100 000 | 506 000 | 451 490 | - |
Pumps | 7 years | 90 % | 2 160 000 | - | 900 000 | - | 540 000 | 720 000 | - |
Dredging equipment | 7 years | 90 % | 1 400 000 | - | - | 600 000 | - | 800 000 | - |
Vehicles, boats | 5 years | 74 % | 1 180 000 | - | 302 000 | 250 000 | 141 000 | 487 000 | - |
Various technical equipment | 3 years | 72 % | 144 000 | - | 32 000 | 30 000 | 16 000 | 64 000 | - |
Engineering | 15 years | 10 % | 1 539 780 | 379 780 | 290 000 | 290 000 | 290 000 | 290 000 | - |
TOTAL | 9,7 years | 57 % | 14 385 470 | 1 695 580 | 3 546 880 | 2 260 600 | 3 177 760 | 3 704 650 | - |
- All costs in S. Fl.
- Basis November 1986
- 1 US $ = 1,8 S.F1.
A N N E X : 3 | File: 500HA0 |
TABLE FOR FINANCIAL ANALYSIS | ALL VALUES IN 000 SF1 |
Evaluation of Financial | BASIS FOR ALL VALUES : Nov. 1986 |
Internal Rate of Return (FIRR) | CONSIDERED CHANGE RATE : 1 US $ = 1.8 SF1 |
PROJECT: 500 ha fare all costs | YEAR | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | |
INVESTMENTS | |||||||||||||||||
HATCHERY | |||||||||||||||||
Depreciation period: 20 years | A | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation period: 15 years | B | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation period: 10 years | C | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation period: 7 years | D | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation period: 5 years | E | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation period: 3 years | F | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
G | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
H | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
I | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
J | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
K | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
L | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
GROW-OUT COMPLEX | |||||||||||||||||
Depreciation period: 20 years | A | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation period: 15 years | B | 1 | 1600 | 1662 | 1280 | 1972 | 1182 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1503 |
Depreciation period: 10 years | C | 1 | 95 | 650 | 100 | 506 | 451 | 0 | 0 | 0 | 0 | 0 | 95 | 650 | 100 | 506 | -1047 |
Depreciation period: 7 years | D | 1 | 0 | 900 | 600 | 540 | 1520 | 0 | 0 | 0 | 900 | 600 | 540 | 1520 | 0 | 0 | -1398 |
Depreciation period: 5 years | E | 1 | 0 | 302 | 250 | 141 | 487 | 0 | 302 | 250 | 141 | 487 | 0 | 302 | 250 | 141 | -383 |
Depreciation period: 3 years | F | 1 | 0 | 32 | 30 | 16 | 96 | 30 | 16 | 96 | 30 | 16 | 96 | 30 | 16 | 96 | -69 |
G | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
H | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
I | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
J | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
K | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
L | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
NG COSTS | YEAR | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | |
HATCHERY | |||||||||||||||||
feed | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
packing materials | 2 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
animals | 3 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
operation materials | 4 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
staff | 5 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
services & supplies | 6 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
-energy | 7 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
-maintenance | 8 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
-insurance | 9 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
-miscellaneous | 10 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
technical assistance | 11 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
royalties (know-how) | 12 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
land lease | 13 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
14 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
15 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
GROW-OUT COMPLEX | |||||||||||||||||
feed | 1 | 1 | 0 | 0 | 972 | 1188 | 2079 | 2970 | 3253 | 3374 | 3374 | 3374 | 3374 | 3374 | 3374 | 3374 | 3374 |
packing materials | 2 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
animals | 3 | 1 | 0 | 0 | 576 | 792 | 1224 | 1818 | 1980 | 1980 | 1980 | 1980 | 1980 | 1980 | 1980 | 1980 | 1980 |
operation materials | 4 | 1 | 0 | 0 | 27 | 27 | 61 | 67 | 67 | 67 | 67 | 67 | 67 | 67 | 67 | 67 | 67 |
staff | 5 | 1 | 20 | 44 | 296 | 426 | 638 | 902 | 943 | 943 | 943 | 943 | 943 | 943 | 943 | 943 | 943 |
services & supplies | 6 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
-energy | 7 | 1 | 0 | 0 | 302 | 302 | 530 | 756 | 756 | 756 | 756 | 756 | 756 | 756 | 756 | 756 | 756 |
-maintenance | 8 | 1 | 0 | 0 | 100 | 100 | 150 | 270 | 270 | 270 | 270 | 270 | 270 | 270 | 270 | 270 | 270 |
-insurances | 9 | 1 | 0 | 0 | 100 | 100 | 150 | 270 | 270 | 270 | 270 | 270 | 270 | 270 | 270 | 270 | 270 |
-miscellaneous | 10 | 1 | 0 | 0 | 83 | 100 | 168 | 246 | 264 | 269 | 269 | 269 | 269 | 269 | 269 | 269 | 269 |
technical assistance | 11 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
royalties (know-how) | 12 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
land lease | 13 | 1 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 |
14 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
15 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
TOTAL INVESTMENTS | |||||||||||||||||
hatchery : INVHAT | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
grow-out complex: INVGOC | 1695 | 3546 | 2260 | 3175 | 3736 | 30 | 318 | 346 | 1071 | 1103 | 731 | 2502 | 366 | 743 | -4400 | ||
total inv.: TOT INV | 1695 | 3546 | 2260 | 3175 | 3736 | 30 | 318 | 346 | 1071 | 1103 | 731 | 2502 | 366 | 743 | -4400 | ||
TOTAL OPERATING COSTS | |||||||||||||||||
hatchery: OCHAT | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
grow-out complex: OCGOC | 37 | 61 | 2473 | 3052 | 5016 | 7316 | 7820 | 7945 | 7945 | 7945 | 7945 | 7945 | 7945 | 7945 | 7945 | ||
total op. costs: TOTOC | 37 | 61 | 2473 | 3052 | 5016 | 7316 | 7820 | 7945 | 7945 | 7945 | 7945 | 7945 | 7945 | 7945 | 7945 | ||
TOTAL COSTS | 1732 | 3607 | 4733 | 6227 | 8752 | 7346 | 8138 | 8291 | 9016 | 9048 | 8676 | 10447 | 8311 | 8688 | 3545 | ||
TOTAL REVENUES: REV | 1 | 0 | 0 | 3380 | 4507 | 8169 | 11550 | 13240 | 14085 | 14085 | 14085 | 14085 | 14085 | 14085 | 14085 | 14085 | |
NET CASH FLOW | -1732 | -3607 | -1353 | -1720 | -583 | 4204 | 5102 | 5794 | 5069 | 5037 | 5409 | 3638 | 5774 | 5397 | 10540 | ||
discount factor= 0.26 | |||||||||||||||||
Net Present Value = 399 FIRR (I)= 26 |
A N N E X : 4 | File : 500HA1 |
TABLE FOR FINANCIAL ANALYSIS | ALL VALUES IN '000 SF1 |
Calculation of Financial | BASIS FOR ALL VALUES : Nov. 1986 |
Internal Rate of Return (FIRR) | CONSIDERED CHANGE RATE : 1 US $ = 1.8 SF1 |
PROJECT : 500ha fare foreign corp. | YEAR | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | |
INVESTMENTS | |||||||||||||||||
HATCHERY | |||||||||||||||||
Depreciation period: 20 years | A | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation period: 15 years | B | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation period: 10 years | C | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation period: 7 years | D | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation period: 5 years | E | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation period: 3 years | F | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
G | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
H | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
I | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
J | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
K | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
L | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
GROW-OUT COMPLEX | |||||||||||||||||
Depreciation period: 20 years | A | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation period: 15 years | B | 0.38 | 608 | 631.56 | 486.4 | 749.36 | 449.16 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -571.14 |
Depreciation period: 10 years | C | 0.6 | 57 | 390 | 60 | 303.6 | 270.6 | 0 | 0 | 0 | 0 | 0 | 57 | 390 | 60 | 303.6 | -628.2 |
Depreciation period: 7 years | D | 0.9 | 0 | 810 | 540 | 486 | 1368 | 0 | 0 | 0 | 810 | 540 | 486 | 1368 | 0 | 0 | -1258.2 |
Depreciation period: 5 years | E | 0.74 | 0 | 223.48 | 185 | 104.34 | 360.38 | 0 | 223.48 | 185 | 104.34 | 360.38 | 0 | 223.48 | 185 | 104.34 | -283.42 |
Depreciation period: 3 years | F | 0.72 | 0 | 23.04 | 21.6 | 11.52 | 69.12 | 21.6 | 11.52 | 69.12 | 21.6 | 11.52 | 69.12 | 21.6 | 11.52 | 69.12 | -49.68 |
G | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
H | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
I | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
J | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
K | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
L | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
NG COSTS | YEAR | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | |
HATCHERY | |||||||||||||||||
feed | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
packing materials | 2 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
animals | 3 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
operation materials | 4 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
staff | 5 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
services & supplies | 6 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
-energy | 7 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
-maintenance | 8 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
-insurances | 9 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
-miscellaneous | 10 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
technical assistance | 11 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
royalties (know-how) | 12 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
land lease | 13 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
14 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
15 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
GROW-OUT COMPLEX | |||||||||||||||||
feed | 1 | 0.9 | 0 | 0 | 875 | 1069 | 1871 | 2673 | 2928 | 3037 | 3037 | 3037 | 3037 | 3037 | 3037 | 3037 | 3037 |
packing materials | 2 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
animals | 3 | 1 | 0 | 0 | 576 | 792 | 1224 | 1818 | 1980 | 1980 | 1980 | 1980 | 1980 | 1980 | 1980 | 1980 | 1980 |
operation materials | 4 | 0.95 | 0 | 0 | 26 | 26 | 58 | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 |
staff | 5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
services & supplies | 6 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
-energy | 7 | 1 | 0 | 0 | 302 | 302 | 530 | 756 | 756 | 756 | 756 | 756 | 756 | 756 | 756 | 756 | 756 |
-maintenance | 8 | 0.57 | 0 | 0 | 57 | 57 | 86 | 154 | 154 | 154 | 154 | 154 | 154 | 154 | 154 | 154 | 154 |
-insurances | 9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
-miscellaneous | 10 | 0.5 | 0 | 0 | 42 | 50 | 84 | 123 | 132 | 134 | 134 | 134 | 134 | 134 | 134 | 134 | 134 |
technical assistance | 11 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
royalties (know-how) | 12 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
land lease | 13 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
14 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
15 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
TOTAL INVESTMENTS | |||||||||||||||||
hatchery : INVHAT | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
grow-out complex : INVGOC | 665 | 2078 | 1293 | 1655 | 2517 | 22 | 235 | 254 | 936 | 912 | 612 | 2003 | 257 | 477 | -2791 | ||
total inv.: TOTINV | 665 | 2078 | 1293 | 1655 | 2517 | 22 | 235 | 254 | 936 | 912 | 612 | 2003 | 257 | 477 | -2791 | ||
TOTAL OPERATING COSTS | |||||||||||||||||
hatchery: OCHAT | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
grow-out complex: OCGOC | 0 | 0 | 1877 | 2296 | 3852 | 5588 | 6013 | 6124 | 6124 | 6124 | 6124 | 6124 | 6124 | 6124 | 6124 | ||
total op. costs: TOTOC | 0 | 0 | 1877 | 2296 | 3852 | 5588 | 6013 | 6124 | 6124 | 6124 | 6124 | 6124 | 6124 | 6124 | 6124 | ||
TOTAL COSTS | 665 | 2078 | 3170 | 3951 | 6370 | 5609 | 6248 | 6379 | 7060 | 7036 | 6737 | 8128 | 6381 | 6602 | 3334 | ||
TOTAL REVENUES: REV | 1 | 0 | 0 | 3380 | 4507 | 8169 | 11550 | 13240 | 14085 | 14085 | 14085 | 14085 | 14085 | 14085 | 14085 | 14085 | |
NET CASH FLOW | -665 | -2078 | 210 | 556 | 1800 | 5941 | 6992 | 7706 | 7025 | 7049 | 7348 | 5957 | 7704 | 7483 | 10751 | ||
discount factor= 0.64 | |||||||||||||||||
Net Present Value = -24 FIRR (I)= 64 |
A N N E X 5
GENERAL DESCRIPTION AND INVESTMENT COST
OF A 50 HA GROW-OUT FARM
(More details are given in Annex 2)
I - DESCRIPTION OF THE FACILITIES
A - Ponds
- 5 grow-out ponds of 10 ha each,
- 2 pregrowing ponds of 1 ha each.
B - Pumping station
- One pumping station with a 5 200 m3/h capacity.
C - Buffer water volume
- Buffer facilities (salinity and silt content) will consist of one large water supply channel.
D - Housing and buildings
- One operation building with :
-- Workshop and store,
-- Food storage,
-- ice making plant,
-- office, wc, laboratory,
-- flat for the farm manager.
- One housing building for 15 workers, including one canteen.
E - Equipments and vehicles
- Diesel power generators (1 for the buildings + 1 mobile unit for fishing operations) ;
- One ice making plant (500 kg/hour) ;
- Laboratory equipment ;
- Vehicles and operation equipments such as :
-- One agricultural tractor and loading platform ;
-- one small bulldozer ;
-- One motorcycle.
- A small dredger for the maintenance of the channels ;
- 1 barge (50 H.P.) for the logistic needs between Paramaribo and the farm site and 5 light boats (5 H.P.) ;
- Various miscellaneous equipments such as nets, scales, fish boxes, etc…
II - INVESTMENT COSTS ESTIMATE AND PLANNING
- All costs in Suriname Florin
- Basis November 1986
- 1 US $ = 1,8 S. Fl.
ITEMS | LIFE PERIOD EXPECTANCY | % OF FOREIGN COMPONENT | TOTAL COST | YEARS | |
1 | 2 | ||||
Earthworks | 15 years | 25 % | 384 800 | 276 000 | 108 800 |
Hydraulic works | 15 years | 65 % | 266 800 | 80 000 | 186 800 |
Shed, building and miscellaneous buildings | 10 years | 61 % | 371 500 | 35 000 | 336 500 |
Pumps | 7 years | 90 % | 330 000 | - | 330 000 |
Vehicles, boats | 5 years | 58 % | 171 000 | - | 171 000 |
Technical equipments | 3 years | 72 % | 36 000 | - | 36 000 |
Engineering | 15 years | 10 % | 209 880 | 84 000 | 125 880 |
TOTAL | 9,4 years | 53 % | 1 769 980 | 475 000 | 1 294 980 |
ANNEX : 6 | File: 50HAA0 |
TABLE FOR FINANCIAL ANALYSIS | ALL VALUES IN '000 SFl |
Calculation of Financial | BASIS FOR ALL VALUES : Nov. 1986 |
Internal Rate of Return (FIRR) | CONSIDERED CHANGE RATE : 1 US $ = 1.8 SFl |
PROJECT : 50ha fare all costs | YEAR | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | |
INVESTMENTS | |||||||||||||||||
HATCHERY | |||||||||||||||||
Depreciation period: 20 years | A | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation period: 15 years | B | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation period: 10 years | C | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation period: 7 years | D | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation period: 5 years | E | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation period: 3 years | F | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
G | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
H | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
I | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
J | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
K | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
L | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
GROW-OUT COMPLEX | |||||||||||||||||
Depreciation period: 20 years | A | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation period: 15 years | B | 1 | 440 | 421.48 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -85 |
Depreciation period: 10 years | C | 1 | 35 | 336.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 35 | 336.5 | 0 | 0 | -256 |
Depreciation period: 7 years | D | 1 | 0 | 330 | 0 | 0 | 0 | 0 | 0 | 0 | 330 | 0 | 0 | 0 | 0 | 0 | -47 |
Depreciation period: 5 years | E | 1 | 0 | 171 | 0 | 0 | 0 | 0 | 171 | 0 | 0 | 0 | 0 | 171 | 0 | 0 | -68 |
Depreciation period: 3 years | F | 1 | 0 | 36 | 0 | 0 | 36 | 0 | 0 | 36 | 0 | 0 | 36 | 0 | 0 | 36 | -24 |
G | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
H | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
I | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
J | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
K | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
L | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
OPERATING COSTS | YEAR | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | |
HATCHERY | |||||||||||||||||
feed | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
packing materials | 2 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
animals | 3 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
operation materials | 4 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
staff | 5 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
services & supplies | 6 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
-energy | 7 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
-maintenance | 8 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
-insurances | 9 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
-miscellaneous | 10 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
technical assistance | 11 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
royalties (know-how) | 12 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
land lease | 13 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
14 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
15 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
GROW-OUT COMPLEX | |||||||||||||||||
feed | 1 | 1 | 0 | 0 | 251 | 307 | 349 | 349 | 349 | 349 | 349 | 349 | 349 | 349 | 349 | 349 | 349 |
packing materials | 2 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
animals | 3 | 1 | 0 | 0 | 158 | 218 | 218 | 218 | 218 | 218 | 218 | 218 | 218 | 218 | 218 | 218 | 218 |
operation materials | 4 | 1 | 0 | 0 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 |
staff | 5 | 1 | 0 | 17 | 108 | 139 | 139 | 139 | 139 | 139 | 139 | 139 | 139 | 139 | 139 | 139 | 139 |
services & supplies | 6 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
-energy | 7 | 1 | 0 | 0 | 76 | 76 | 76 | 76 | 76 | 76 | 76 | 76 | 76 | 76 | 76 | 76 | 76 |
-maintenance | 8 | 1 | 0 | 0 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 |
-insurances | 9 | 1 | 0 | 0 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 |
-miscellaneous | 10 | 1 | 0 | 0 | 23 | 27 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 |
technical assistance | 11 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
royalties (know-how) | 12 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
land lease | 13 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
14 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
15 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
TOTAL INVESTMENTS | |||||||||||||||||
hatchery:INVHAT | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
grow-out complex: INVGOC | 475 | 1295 | 0 | 0 | 36 | 0 | 171 | 36 | 330 | 0 | 71 | 508 | 0 | 36 | -480 | ||
total inv.: TOTINV | 475 | 1295 | 0 | 0 | 36 | 0 | 171 | 36 | 330 | 0 | 71 | 508 | 0 | 36 | -480 | ||
TOTAL OPERATING COSTS | |||||||||||||||||
hatchery: OCHAT | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
grow-out complex: OCGOC | 2 | 19 | 695 | 845 | 889 | 889 | 889 | 889 | 889 | 889 | 889 | 889 | 889 | 889 | 889 | ||
total op. costs: TOTOC | 2 | 19 | 695 | 845 | 889 | 889 | 889 | 889 | 889 | 889 | 889 | 889 | 889 | 889 | 889 | ||
TOTAL COSTS | 477 | 1314 | 695 | 845 | 925 | 889 | 1060 | 925 | 1219 | 889 | 960 | 1396 | 889 | 925 | 409 | ||
TOTAL REVENUES: REV | 1 | 0 | 0 | 845 | 1127 | 1409 | 1409 | 1409 | 1409 | 1409 | 1409 | 1409 | 1409 | 1409 | 1409 | 1409 | |
NET CASH FLOW | -477 | -1314 | 150 | 281 | 484 | 520 | 349 | 484 | 190 | 520 | 449 | 12 | 520 | 484 | 1000 | ||
discount factor: 0.17 | |||||||||||||||||
Net Present Value: 5 FIRR (%): 17 |
ANNEX : 7 | File: 50HA1 |
TABLE FOR FINANCIAL ANALYSIS | ALL VALUES IN '000 SFl |
Calculation of Financial | BASIS FOR ALL VALUES : Nov. 1986 |
Internal Rate of Return (FIRR) | CONSIDERED CHANGE RATE : 1 US $ = 1.8 SFl |
PROJECT : 50ha fare foreign corp. | YEAR | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | |
INVESTMENTS | |||||||||||||||||
HATCHERY | |||||||||||||||||
Depreciation period: 20 years | A | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation period: 15 years | B | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation period: 10 years | C | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation period: 7 years | D | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation period: 5 years | E | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation period: 3 years | F | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
G | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
H | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
I | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
J | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
K | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
L | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
GROW-OUT COMPLEX | |||||||||||||||||
Depreciation period: 20 years | A | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation period: 15 years | B | 0.34 | 149.6 | 143.3032 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -28.9 |
Depreciation period: 10 years | C | 0.61 | 21.35 | 205.265 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 21.35 | 205.265 | 0 | 0 | -156.16 |
Depreciation period: 7 years | D | 0.9 | 0 | 297 | 0 | 0 | 0 | 0 | 0 | 0 | 297 | 0 | 0 | 0 | 0 | 0 | -42.3 |
Depreciation period: 5 years | E | 0.58 | 0 | 99.18 | 0 | 0 | 0 | 0 | 99.18 | 0 | 0 | 0 | 0 | 99.18 | 0 | 0 | -39.44 |
Depreciation period: 3 years | F | 0.72 | 0 | 25.92 | 0 | 0 | 25.92 | 0 | 0 | 25.92 | 0 | 0 | 25.92 | 0 | 0 | 25.92 | -17.28 |
G | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
H | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
I | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
J | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
K | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
L | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
OPERATING COSTS | YEAR | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | |
HATCHERY | |||||||||||||||||
feed | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
packing materials | 2 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
animals | 3 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
operation materials | 4 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
staff | 5 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
services & supplies | 6 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
-energy | 7 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
-maintenance | 8 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
-insurances | 9 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
-miscellaneous | 10 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
technical assistance | 11 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
royalties (know-how) | 12 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
land lease | 13 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
14 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
15 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
GROW-OUT COMPLEX | |||||||||||||||||
feed | 1 | 0.9 | 0 | 0 | 226 | 276 | 314 | 314 | 314 | 314 | 314 | 314 | 314 | 314 | 314 | 314 | 314 |
packing materials | 2 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
animals | 3 | 1 | 0 | 0 | 158 | 218 | 218 | 218 | 218 | 218 | 218 | 218 | 218 | 218 | 218 | 218 | 218 |
operation materials | 4 | 0.95 | 0 | 0 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
staff | 5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
services & supplies | 6 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
-energy | 7 | 1 | 0 | 0 | 76 | 76 | 76 | 76 | 76 | 76 | 76 | 76 | 76 | 76 | 76 | 76 | 76 |
-maintenance | 8 | 0.53 | 0 | 0 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 |
-insurances | 9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
-miscellaneous | 10 | 0.5 | 0 | 0 | 11 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 |
technical assistance | 11 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
royalties (know-how) | 12 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
land lease | 13 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
14 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
15 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
TOTAL INVESTMENTS | |||||||||||||||||
hatchery: INVHAT | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
grow-out complex: INVGOC | 171 | 771 | 0 | 0 | 26 | 0 | 99 | 26 | 297 | 0 | 47 | 304 | 0 | 26 | -284 | ||
total inv.: TOTINV | 171 | 771 | 0 | 0 | 26 | 0 | 99 | 26 | 297 | 0 | 47 | 304 | 0 | 26 | -284 | ||
TOTAL OPERATING COSTS | |||||||||||||||||
hatchery: OCHAT | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
grow-out complex: OCGOC | 0 | 0 | 496 | 608 | 647 | 647 | 647 | 647 | 647 | 647 | 647 | 647 | 647 | 647 | 647 | ||
total op. costs: TOTOC | 0 | 0 | 496 | 608 | 647 | 647 | 647 | 647 | 647 | 647 | 647 | 647 | 647 | 647 | 647 | ||
TOTAL COSTS | 171 | 771 | 496 | 608 | 673 | 647 | 746 | 673 | 944 | 647 | 694 | 951 | 647 | 673 | 363 | ||
TOTAL REVENUES: REV | 1 | 0 | 0 | 845 | 1127 | 1409 | 1409 | 1409 | 1409 | 1409 | 1409 | 1409 | 1409 | 1409 | 1409 | 1409 | |
NET CASH FLOW | -171 | -771 | 349 | 518 | 736 | 762 | 662 | 736 | 465 | 762 | 714 | 457 | 762 | 736 | 1046 | ||
discount factor: 0.53 | |||||||||||||||||
Net Present Value = -7 FIRR (%)= 53 |
ANNEX 8
PLANNING OF THE MISSION
10/11/86 : | Arrival to Paramaribo of the 3 experts. | |
11/11/86 : | - | Meeting in State Commission for Fisheries |
- | Meeting in SURLAND office | |
- | Meeting in SAIL office (with visit of the facilities) | |
- | Meeting in VITALO N.V. office (with visit of the facilities). | |
12/11/86 : | - | Visit of Mr Van Alen's freshwater prawn project |
- | Visit of the preselected site for the pilot demonstration farm. | |
13/11/86 : | - | Meeting in State Commission for Fisheries |
- | Aerial survey of the Suriname coast. | |
14/11/86 : | - | Meeting in the Ministry of Agriculture |
- | Meeting in the french Embassy. | |
15 and | ||
16/11/86 : | Project preparation | |
17/11/86 : | - | Meeting in State Commission for Fisheries |
- | Meeting in the Ministry of Agriculture | |
18/11/86 : | - | P. Garen (Aquaculturist)'s departure to France |
- | Reporting. | |
19/11/86 : | - | Visit of the project site |
- | Meeting in the State Commission for Fisheries | |
- | Meeting with potential investors. | |
20/11/86 : | Reporting | |
21/11/86 : | - | Reporting |
- | Meeting with potential investors. | |
22 and | ||
23/11/86 : | Reporting | |
24/11/86 : | Departure to France of the civil engineer (B. Detante) and the economist (Ph Lemercier). | |
28/11/86 : | Meeting in Rome between Mr Lemercier and FAO officers (MM J.G. Simpson, T.O. Petr and Padroni). |
ANNEX 9
LIST OF PERSONS MET IN SURINAME
MINISTRY OF AGRICULTURE, ANIMAL HUSBANDRY, FISHERIES AND FORESTRY : P.O. box 1153 Paramaribo
- C. ARDJOSEMITO : Minister of Agriculture
- G. SOERJOESING : Permanent secretary
- F. DEL PRADO : Deputy permanent Secretary
- A. JAGBANDHAN : Foreign and Juridical Affairs
STATE COMMISSION FOR FISHERIES : Anton Dragtenweg 81 - Paramaribo
- René B.L. LIEVELD
- DIRK POTTIER, VISSERIJDIENST (Economist)
- M. ACKERMAN (Civil engineer)
SOIL SURVEY DEPARTMENT : Hoek Coppenamlaan (Duisburg laan - Paramaribo
- B. PARAN
- J. JANSSEN
- A. HANDJOPARWIRO
SAIL : (Shrimp processing plant)
- M. ROBLES
VITALO N.V. : PO Box 2018 - Paramaribo
- D.H. Liong A Kong
PRIVATE POTENTIAL INVESTORS
YEARS | |||||||||
ITEMS | LIFE PERIOD EXPECTANCY | % OF FOREIGN COMPONENT | TOTAL COST | 1 | 2 | 3 | 4 | 5 | 6 |
Earthworks | 15 years | 25 % | 3 081 200 | 970 800 | 351 680 | 615 600 | 879 360 | 263 760 | - |
Hydraulic works | 15 years | 65 % | 3 078 000 | 250 000 | 1 021 200 | 375 000 | 803 400 | 628 400 | - |
Shed, buildings, miscellaneous buildings | 10 years | 60 % | 1 802 490 | 95 000 | 650 000 | 100 000 | 506 000 | 451 490 | - |
Pumps | 7 years | 90 % | 2 160 000 | - | 900 000 | - | 540 000 | 720 000 | - |
Dredging equipment | 7 years | 90 % | 1 400 000 | - | - | 600 000 | - | 800 000 | - |
Vehicles, boats | 5 years | 74 % | 1 180 000 | - | 302 000 | 250 000 | 141 000 | 487 000 | - |
Various technical equipment | 3 years | 72 % | 144 000 | - | 32 000 | 30 000 | 16 000 | 64 000 | - |
Engineering | 15 years | 10 % | 1 539 780 | 379 780 | 290 000 | 290 000 | 290 000 | 290 000 | - |
TOTAL | 9,7 years | 57 % | 14 385 470 | 1 695 580 | 3 546 880 | 2 260 600 | 3 177 760 | 3 704 650 | - |
- All costs in S. Fl.
- Basis November 1986
- 1 US $ = 1,8 S.F1.
YEAR | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 |
Shrimp catches (Tons) | 2 708 | 3 164 | 3 096 | 3 777 | 3 710 | 3 289 | 2 754 | 2 413 |
Shrimp exports (Tons) | 2 752 | 3 116 | 3 113 | 3 731 | 3 303 | 3 086 | 3 256 | 2 167 |
Value of shrimp exports (in million US $) | 21,3 | 30,7 | 30,9 | 41 | 42 | 33,9 | 36 | 24,6 |
(Source : State Commission for Fisheries)