Вы находитесь на странице: 1из 24

FINANCIAL FEASIBILITY STUDY

PRODUCTION OF ANILINE FROM CATALYTIC HYDROGENATION OF NITROBENZENE .

ESTIMATION OF CAPITAL INVESTMENT

Capital investment refers to the money invested in a business venture with an expectation
of income, and recovered through earnings generated by the business over several years. It is
generally understood to be used for capital expenditure rather than for day-to-day operations
(working capital) or other expenses. Capital investment is concerned with the deployment of
capital for long-term uses. Companies make continual capital investment to sustain existing
operations and expand their businesses for the future. The main type of capital investment is in
fixed assets to allow increased operational capacity, capture a larger share of the market and in the
process, and generate more revenue. Companies may also make capital investment in the form of
equity stakes in other companies' operations, which indirectly benefits the investor companies by
building business partnerships or expanding into new markets.

Before an industrial plant can be put into operation, a large sum of money must be supplied
to purchase and install the necessary machinery and equipment. Land and service facilities must be
obtained, and the plant must be erected complete with all piping, controls, and services. In addition,
it is necessary to have money available for the payment of expenses involved in the plant operation.
(Peters & Timmerhaus, 1991)

The total capital investment is the total amount needed to supply the necessary machinery
and equipment, and the necessary amount for the operation of the plant. In this financial study,
Lang Factor Method was used to estimate the capital investment.

Fixed-Capital investment

Manufacturing fixed-capital investment represents the capital necessary for the installed
process equipment with all auxiliaries that are needed for complete process operation. Fixed capital
required for construction overhead and for all plant components that are not directly related to the
process operation is designated as the nonmanufacturing fixed-capital investment. These plant
components include the land, processing buildings, administrative, and other offices, warehouses,
laboratories, transportation, shipping, and receiving facilities, utility and waste-disposal facilities,
shops, and other permanent parts of the plant. The construction overhead cost consists of field-
office and supervision expenses, home-office expenses, engineering expenses, miscellaneous
construction costs, contractors fees, and contingencies. In some cases, construction overhead is
proportioned between manufacturing and nonmanufacturing fixed-capital investment. (Peters &
Timmerhaus, 1991)

1|Fi na nc ia l Fe as i bil i t y S tu d y
PRODUCTION OF ANILINE FROM CATALYTIC HYDROGENATION OF NITROBENZENE .

ESTIMATION OF FIXED-CAPITAL INVESTMENT ITEMS FOR A CHEMICAL PROCESS

Direct Cost

1. Purchased Equipment (PE)


Purchased equipment is the basis of several predesign methods for estimating capital
investment. The source of equipment prices varies per equipment. Table 6.1 shows the
estimated purchased equipment cost.
Table 6.1 COST OF PURCHASED EQUIPMENT

Equipment Quantity Delivered PCE


Equipment
= DEC x factor
Cost (Php)

(DEC)

| Storage Tank 3 21,557,700 92,698,110

Vaporizer 1 7,869,350 33,838,205

Fluidized Bed 1 10,154,000 50,770,000


Reactor

Condenser 4 18,277,200 78,591,960

Decanter 1 3,046,200 15,231,000

Distillation 2 45,693,000 456,930,000


Column

Storage Tank 3 21,557,700 92,698,110

Total Purchased Cost of 128,155,150 820,757,385


Equipment (PCE)

2. Purchased-equipment Installation
The installation of equipment involves costs for labor, platforms and other expenses
related to installing the purchased equipment.
3. Instrumentation and Control
Instrumentation and controls cover all costs related to the installation and purchasing
of auxiliary equipment.
4. Piping

2|Fi na nc ia l Fe as i bil i t y S tu d y
PRODUCTION OF ANILINE FROM CATALYTIC HYDROGENATION OF NITROBENZENE .

Piping covers labor, valves, pipes and other materials used to finish all the piping used
in the process.
5. Electrical equipment and materials
Electrical equipment and materials cover all costs for the installation of electricity to the
plant, mainly.
6. Buildings ( including service)
Building costs is concerned with all costs for the erection of all buildings connected to
the plant including labor, supplies, ventilation, etc.
7. Yard improvements
Covers most of the improvements for security and mobility inside the facilities like
fences, roads, landscapes, etc.
8. Service Facilities
Service facilities cover most of the utilities used inside the facility like water, power,
fuel, electricity, medicine, and fire protection.
9. Land Cost
Land cost includes survey fees, land purchase cost and accompanying taxes. Land Cost
for TECO Special Economic Zone; Mabalacat, Pampanga is 4,500 php per sq. meters. Table
15.2 shows the total amount for a 20,000 sq. meters total land area. Other fees is considered
5% of the land cost.

Table 6.2 Estimated Land Costs


Land Cost
Other Fees
Total

Indirect Costs

1. Engineering and Supervision


Engineering and supervision involves the costs for the overall planning of the design of
the facility. This includes drafting, design, purchasing and cost engineering.
2. Construction Expenses
Construction expense includes all costs that goes into the construction of the facility.
This includes the construction payroll, tools and rental, taxes, insurance and others.
3. Contractors Fee
This is the fee paid to the contractor of the facility.
4. Contingency
Contingency is a compensation for unpredictable events like natural disasters, strikes
and price hikes.

Working Capital

3|Fi na nc ia l Fe as i bil i t y S tu d y
PRODUCTION OF ANILINE FROM CATALYTIC HYDROGENATION OF NITROBENZENE .

The working capital for an industrial plant consists of the total amount of money invested in
(1) raw materials and supplies carried in stock, (2) finished products in stock and semi-finished
products in the process of being manufactured, (3) accounts receivable, (4) cash kept on hand for
monthly payment of operating expenses, such as salaries, wages, and raw-material purchases, (5)
accounts payable, and (6) taxes payable. (Peters & Timmerhaus, 1991). Using Lang Factor,
working capital is 15 percent of the total fixed-capital investment.

Table 6.3 Estimation of Total Capital Investment


Fixed-Capital Investments
Item %PE Cost ( Php)
Direct Cost
1. Purchased Equipments 100% Php 820,757,385
2. Purchased Equipment Installation Php 328,302,954
3. Instrumentation and Control Php 164,154,477
4. Piping Php 574,530,169
5. Electrical Equipment and Materials Php 82,075,738
6. Buildings Php 123,113,607
7. Utilities Php 410,378,692
8. Storages Php 123,113,607
9. Ancillary Building - Php 123,113,607
Indirect Costs
1. Engineering and Supervision Php 246,227,215
2. Site Development Php 41,037,869
3. Contractors Fee Php 41,037,869
4. Contingency Php 82,075,738
Total Fixed-Capital Investment (FCI) -
Working Capital 202,316,695.40
Total Capital Investment 4,248,650,603

ESTIMATION OF TOTAL PRODUCT COST

Total product cost is the total amount used to produce the product. It can be estimated by
adding the manufacturing cost and general expenses. Discussed below are the estimation for each
branch included. Note that methods of estimation is used for specific information is not available.

I. Manufacturing Cost
It is all expenses directly connected with the manufacturing operation. These expenses are
divided into three classifications;

A. Direct Production Costs - include expenses directly associated with the manufacturing
operation. These are;

1. Raw Materials

4|Fi na nc ia l Fe as i bil i t y S tu d y
PRODUCTION OF ANILINE FROM CATALYTIC HYDROGENATION OF NITROBENZENE .

In the chemical industry, one of the major costs in a production operation is


for the raw materials involved in the process. The amount of the raw materials which must be
supplied per unit of time or per unit of product can be determined from process material balances.
In many cases, certain materials act only as an agent of production and may be recoverable to some
extent. Therefore, the cost should be based on the amount of raw materials actually consumed as
determined from the overall material balances.

Freight or transportation charges should be included in the raw-material


costs, and these charges should be based on the form in which the raw materials are to be
purchased for use in the final plant. Although bulk shipments are cheaper than smaller-container
shipments, they require greater storage facilities and inventory. Consequently, the demands to be
met in the final plant should be considered when deciding on the cost of raw materials.

From Market Feasibility and Material Balance. Other fees is considered 5% of the total amount
(Perry & Green, 2008).
Table 6.4 Raw Material Cost per Annum
Raw Materials
kg/hr Price (Php) Cost (Php)
Nitrobenzene 2,785.1963 Php 55/kg Php 46,208,078
Hydrogen Gas 135.797 Php 153/m3 Php 4,497,173
Copper on Silica gel 18.568 Php 60,000/ton Php 8,021,365
Water
Shell Thermia B 52,200 Php 112,993/L Php 33,3897,781
Total

2. Operating Labor (OL)


In general, operating labor may be divided into skilled and unskilled labor.
Hourly wage rates for operating labor in different industries at various locations
can be obtained from Executive Order No. 201 series of 2016.
Operating Labor used is the 80% of total salary per annum of employees.
Organizational chart used is from the Management Study. Salary breakdown is
shown in Table 6.6.

Operating labor cost


58 300 300
=( )( )( )
8
(3 )(1 )

= , , .

5|Fi na nc ia l Fe as i bil i t y S tu d y
PRODUCTION OF ANILINE FROM CATALYTIC HYDROGENATION OF NITROBENZENE .

3. Direct Supervisory and Clerical Labor


A certain amount of direct supervisory and clerical labor is always required for a
manufacturing operation. The necessary amount of this type of labor is closely related to
the total amount of operating labor, complexity of the operation, and product quality
standards. The cost for direct supervisory and clerical labor averages about 15 percent of
the cost for operating labor. (Peters & Timmerhaus, 1991)

4. Utilities
The cost for utilities, such as steam, electricity, process and cooling water,
compressed air, natural gas, and fuel oil, varies widely depending on the amount of
consumption, plant location, and source. If such information is unavailable, the utilities
must be estimated from a preliminary design. As a rough approximation, utility costs for
ordinary chemical processes amount to 10 to 20 percent of the total product cost. (Peters &
Timmerhaus, 1991)

5. Maintenance and Repairs (MR)


A considerable amount of expense is necessary for maintenance and repairs if a
plant is to be kept in efficient operating condition. These expenses include the cost for
labor, materials, and supervision. Charges of this type for buildings average 3 to 4 percent
of the building cost. In the process industries, the total plant cost per year for maintenance
and repairs is roughly equal to an average of 6 percent of the fixed-capital investment.
(Peters & Timmerhaus, 1991)
= (0.10)()

= (0.10)( 4,046,333,908)

= 404,633,390.8

6. Operating Supplies
In any manufacturing operation, many miscellaneous supplies are needed to keep
the process functioning efficiently. Items such as charts, lubricants, test chemicals,
custodial supplies, and supplies cannot be considered as raw materials or maintenance
and repair materials, and are classified as operating supplies. The annual cost for this type
of supplies is about 15 percent of the total cost for maintenance and repairs. (Peters &
Timmerhaus, 1991)

7. Laboratory Charges
The cost of laboratory tests for control of operations and for product-quality control
is covered in this manufacturing cost. This expense is generally calculated by estimating the
employee-hours involved and multiplying this by the appropriate rate. For quick estimates,

6|Fi na nc ia l Fe as i bil i t y S tu d y
PRODUCTION OF ANILINE FROM CATALYTIC HYDROGENATION OF NITROBENZENE .

this cost may be taken as 10 to 20 percent of the operating labor. (Peters & Timmerhaus,
1991)
= (0.23)()

= (0.23)( 15,660,000.00)

= , ,

8. Patents and Royalties


Many manufacturing processes are covered by patents, and it may be necessary to
pay a set amount for patent rights or a royalty based on the amount of material produced.
Even though the company involved in the operation obtained the original patent, a certain
amount of the total expense involved in the development and procurement of the patent
rights should be borne by the plant as an operating expense. In cases of this type, these
costs are usually amortized over the legally protected life of the patent. (Peters &
Timmerhaus, 1991). This cost is no longer included since the process and design was all
based on literatures available.
/ = (0.01)()

/ = (0.01)(4,046,333,908)

/ = 40,463,339.08

B. Fixed Charges - include expenses which remain practically constant from year to
year and do not vary widely with change in production rate.
1. Depreciation
Equipment, buildings, and other material objects comprising a manufacturing plant require
an initial investment which must be written off as a manufacturing expense. In order to
write off this cost, a decrease in value is assumed to occur throughout the usual life of the
material possessions. This decrease in value is designated as depreciation. (Peters &
Timmerhaus, 1991). Table 6.7 shows the total depreciation cost per annum. Breakdown of
each component is also presented.

Table 6.7 Total Depreciation Cost

Depreciation Cost
Cost (Php) Life Depreciation (Php)
Years
Purchased Equipment PHP 820,757,385.00 20 PHP 41,037,869.25
Instrumentation and PHP 352,875,463.00 10 PHP 35,287,546.30
Controls

7|Fi na nc ia l Fe as i bil i t y S tu d y
PRODUCTION OF ANILINE FROM CATALYTIC HYDROGENATION OF NITROBENZENE .

Piping PHP 245,173,944.00 13 PHP 18,859,534.15


Electrical Equipment PHP 347,215,646.00 15 PHP 23,147,709.73
and Materials
Buildings PHP 1,798,456,321.00 40 PHP 44,961,408.03
Yard Improvement PHP 449,751,002.00 15 PHP 29,983,400.13
Service Facilities PHP 18,746,302.00 10 PHP 1,874,630.20
Total PHP 4,032,976,063.00 10 PHP 403,297,606.30

Depreciation: Straight-line Method


Salvage Value: No salvage value (the entire cost of the asset used will be depreciated over
the assets useful life).
Life Year: Using table 1 page 271 (Peters & Timmerhaus, 1991)

2. Local Taxes
The magnitude of local property taxes depends on the particular locality of the plant and
the regional laws (Peters & Timmerhaus, 1991). Annual property taxes for plants in
economic zones is 1% of land cost (Php 900,000).
= (0.20)()

= (0.20)(4,046,333,908)

= , , .

3. Insurance
Insurance rates depend on the type of process being carried out in the
manufacturing operation and on the extent of available protection facilities. On an annual
basis, these rates amount to about 1 percent of the fixed-capital investment. (Peters &
Timmerhaus, 1991)
= (0.01)()

= (0.01)(4,046,333,908)

= 40,463,339.08

4. Rent
No rental fee.

8|Fi na nc ia l Fe as i bil i t y S tu d y
PRODUCTION OF ANILINE FROM CATALYTIC HYDROGENATION OF NITROBENZENE .

C. Plant-overhead - are for hospital and medical services; general plant


maintenance and overhead; safety services; payroll overhead including pensions, vacation
allowances, social security, and life insurance; packaging, restaurant and recreation
facilities, salvage services, control laboratories, property protection, plant superintendence,
warehouse and storage facilities, and special employee benefits.
= (0.50)()

= (0.50)( 15,660,000.00)

= , ,

II. General Expenses


It is the other expenses involved in in the companys operation.
A. Administrative Cost include costs for executive and clerical wages, office
supplies, engineering and legal expenses, upkeep on office buildings, and general
communications.
B. Distribution and Selling Cost include costs incurred in the process in selling and
distributing the various products.
C. Research and Development Cost are incurred by the progressive concern which
wishes to remain in competitive industrial position.
D. Financing include the extra cost involved in procuring the money necessary for the
capital investment. This is the money needed for loan. It will not be included yet in the table
for total product cost for computation for loan has its own section.

Table 6.8 Estimation of Total Product Cost

Total Product Cost


Multiplier Cost (Php)
I. Manufacturing Cost
A. Direct Production Costs
1. Raw Materials - 3,514,643,085.62
2. Operating Labor Cost - 83,198,536,82
3. Direct Supervisory and Clerical Labor - 8,319,853.68
4. Utilities 0.20 TPC 709,521,714,59
5. Maintenance and Repairs 0.10 FCI 404,633,390.8
6. Operating Supplies 0.20 MR 14,743,183.37
7. Laboratory Charges 0.20 OL 3,601,800
Total Direct Production Cost 4,441,19
B. Fixed Charges
1. Depreciation - 403,297,606.30

9|Fi na nc ia l Fe as i bil i t y S tu d y
PRODUCTION OF ANILINE FROM CATALYTIC HYDROGENATION OF NITROBENZENE .

2. Local Taxes - 809,266,781.6


3. Insurance 0.01 FCI 40,463,338.08
Total Fixed Charges
C. Plant Overhead 0.15 TPC 7,830,000
Total Manufacturing Cost
II. General Expenses
A. Administrative Cost 0.06 TPC 425,713,028.75
B. Distribution and Selling Cost 0.20 TPC 709,521,714.59
C. Research and Development Cost 0.05 TPC 354,760,857.29
Total General Expense 1,489,995,600.63
Total Product Cost

CASH-FLOW SENSITIVITY ANALYSIS


Capital Stock
=
Loan (Total Product Cost: Financing)
Using Deferred Annuity
= () =
(1 + )
= = [ ]
1 (1 + )
where,
i = interest
Year Payment Interest on Balance
Balance

2019 -
2020
2021
2022
2023
2024
2025
2026
2027
2028 0
Loan interest per annum:
n = ordinary annuity periods
m = deferred periods
Table 6.9 Payment, interest and balance on Loan

10 | F i n a n c i a l F e a s i b i l i t y S t u d y
PRODUCTION OF ANILINE FROM CATALYTIC HYDROGENATION OF NITROBENZENE .

Inflation Rate
= (1 + 0.015)

Annual Sales
Current Aniline price (based on year 2019 from Market Feasibility Study)

Table 6.10 Sales using optimum price


Product
kg/yr Price (Php/kg) Cost (Php)
Aniline (99.95%) 15,252,858.00 36.25 552,892,003.00

Rate of price decrease per year: 0.30% ( from market feasibility study. )
Utilization: 75% on the first year, 85% on the second year, 95% on the third year before
gaining 100% all of which operated 300 days annually.
Cash flow analysis is calculated every end of the month. That includes 11 months of the
year and the last month of last years income and expenses.
Table 6.11 Annual Sales
Annual Accounts Prior Year
Annual
Year Sales Sold Recievable Accounts
Sales
(100%) (11 months) Recievable
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028

11 | F i n a n c i a l F e a s i b i l i t y S t u d y
PRODUCTION OF ANILINE FROM CATALYTIC HYDROGENATION OF NITROBENZENE .

Cash Flow Sensitivity Analysis


January 2,2020
For the year ended December 30, 2019
% change in receipts and disbursements
Expected Optimistic Pessimistic
Beginning Cash Balance
Cash Inflows (Income)
Accounts Recievable
Collections
Loan Proceeds
Total Cash Inflows
Available Cash Balance
Cash Outflows (Expenses)
Advertising
Delivery & pick-up Charges
Health Insurance, Phil Health
Insurance, Social Security
System
Insurance, Building
Interest + Loan Payment
Inventory Purchases
Miscellaneous
Office Supplies
Payroll
Payroll Taxes
Prior Year Accounts Payable
Prior Year Income Tax
Payable
Professional Fees
Repairs & Maintenance
Research and Development
Services
Utilities & Telephone
Other
Subtotal
Other Cash Out Flows
Capital Purchases
Building Construction
Contingencies
Decorating
Installation, Cost of Electrical
Equipment, IPC and Piping

12 | F i n a n c i a l F e a s i b i l i t y S t u d y
PRODUCTION OF ANILINE FROM CATALYTIC HYDROGENATION OF NITROBENZENE .

Interiors and Fixtures


Land
Subtotal
Total Cash Outflows
Ending Balance

Cash Flow Sensitivity Analysis


January 2,2021
For the year ended December 30, 2020
% change in receipts and disbursements
Expected Optimistic Pessimistic
Beginning Cash Balance
Cash Inflows (Income)
Accounts Recievable
Collections
Loan Proceeds
Total Cash Inflows
Available Cash Balance
Cash Outflows (Expenses)
Advertising
Delivery & pick-up Charges
Health Insurance, Phil Health
Insurance, Social Security
System
Insurance, Building
Interest + Loan Payment
Inventory Purchases
Miscellaneous
Office Supplies
Payroll
Payroll Taxes
Prior Year Accounts Payable
Prior Year Income Tax
Payable
Professional Fees
Repairs & Maintenance
Research and Development
Services
Utilities & Telephone
Other
Subtotal

13 | F i n a n c i a l F e a s i b i l i t y S t u d y
PRODUCTION OF ANILINE FROM CATALYTIC HYDROGENATION OF NITROBENZENE .

Other Cash Out Flows


Capital Purchases
Building Construction
Contingencies
Decorating
Installation, Cost of Electrical
Equipment, IPC and Piping
Interiors and Fixtures
Land
Subtotal
Total Cash Outflows
Ending Balance

Cash Flow Sensitivity Analysis


January 2,2022
For the year ended December 30, 2021
% change in receipts and disbursements
Expected Optimistic Pessimistic
Beginning Cash Balance
Cash Inflows (Income)
Accounts Recievable
Collections
Loan Proceeds
Total Cash Inflows
Available Cash Balance
Cash Outflows (Expenses)
Advertising
Delivery & pick-up Charges
Health Insurance, Phil Health
Insurance, Social Security
System
Insurance, Building
Interest + Loan Payment
Inventory Purchases
Miscellaneous
Office Supplies
Payroll
Payroll Taxes
Prior Year Accounts Payable
Prior Year Income Tax

14 | F i n a n c i a l F e a s i b i l i t y S t u d y
PRODUCTION OF ANILINE FROM CATALYTIC HYDROGENATION OF NITROBENZENE .

Payable
Professional Fees
Repairs & Maintenance
Research and Development
Services
Utilities & Telephone
Other
Subtotal
Other Cash Out Flows
Capital Purchases
Building Construction
Contingencies
Decorating
Installation, Cost of Electrical
Equipment, IPC and Piping
Interiors and Fixtures
Land
Subtotal
Total Cash Outflows
Ending Balance

Cash Flow Sensitivity Analysis


January 2,2023
For the year ended December 30, 2022
% change in receipts and disbursements
Expected Optimistic Pessimistic
Beginning Cash Balance
Cash Inflows (Income)
Accounts Recievable
Collections
Loan Proceeds
Total Cash Inflows
Available Cash Balance
Cash Outflows (Expenses)
Advertising
Delivery & pick-up Charges
Health Insurance, Phil Health
Insurance, Social Security
System
Insurance, Building

15 | F i n a n c i a l F e a s i b i l i t y S t u d y
PRODUCTION OF ANILINE FROM CATALYTIC HYDROGENATION OF NITROBENZENE .

Interest + Loan Payment


Inventory Purchases
Miscellaneous
Office Supplies
Payroll
Payroll Taxes
Prior Year Accounts Payable
Prior Year Income Tax
Payable
Professional Fees
Repairs & Maintenance
Research and Development
Services
Utilities & Telephone
Other
Subtotal
Other Cash Out Flows
Capital Purchases
Building Construction
Contingencies
Decorating
Installation, Cost of Electrical
Equipment, IPC and Piping
Interiors and Fixtures
Land
Subtotal
Total Cash Outflows
Ending Balance

Cash Flow Sensitivity Analysis


January 2,2024
For the year ended December 30, 2023
% change in receipts and disbursements
Expected Optimistic Pessimistic
Beginning Cash Balance
Cash Inflows (Income)
Accounts Recievable
Collections
Loan Proceeds
Total Cash Inflows

16 | F i n a n c i a l F e a s i b i l i t y S t u d y
PRODUCTION OF ANILINE FROM CATALYTIC HYDROGENATION OF NITROBENZENE .

Available Cash Balance


Cash Outflows (Expenses)
Advertising
Delivery & pick-up Charges
Health Insurance, Phil Health
Insurance, Social Security
System
Insurance, Building
Interest + Loan Payment
Inventory Purchases
Miscellaneous
Office Supplies
Payroll
Payroll Taxes
Prior Year Accounts Payable
Prior Year Income Tax
Payable
Professional Fees
Repairs & Maintenance
Research and Development
Services
Utilities & Telephone
Other
Subtotal
Other Cash Out Flows
Capital Purchases
Building Construction
Contingencies
Decorating
Installation, Cost of Electrical
Equipment, IPC and Piping
Interiors and Fixtures
Land
Subtotal
Total Cash Outflows
Ending Balance

Cash Flow Sensitivity Analysis


January 2,2025
For the year ended December 30, 2024
% change in receipts and disbursements

17 | F i n a n c i a l F e a s i b i l i t y S t u d y
PRODUCTION OF ANILINE FROM CATALYTIC HYDROGENATION OF NITROBENZENE .

Expected Optimistic Pessimistic


Beginning Cash Balance
Cash Inflows (Income)
Accounts Recievable
Collections
Loan Proceeds
Total Cash Inflows
Available Cash Balance
Cash Outflows (Expenses)
Advertising
Delivery & pick-up Charges
Health Insurance, Phil Health
Insurance, Social Security
System
Insurance, Building
Interest + Loan Payment
Inventory Purchases
Miscellaneous
Office Supplies
Payroll
Payroll Taxes
Prior Year Accounts Payable
Prior Year Income Tax
Payable
Professional Fees
Repairs & Maintenance
Research and Development
Services
Utilities & Telephone
Other
Subtotal
Other Cash Out Flows
Capital Purchases
Building Construction
Contingencies
Decorating
Installation, Cost of Electrical
Equipment, IPC and Piping
Interiors and Fixtures
Land
Subtotal
Total Cash Outflows
Ending Balance

18 | F i n a n c i a l F e a s i b i l i t y S t u d y
PRODUCTION OF ANILINE FROM CATALYTIC HYDROGENATION OF NITROBENZENE .

Cash Flow Sensitivity Analysis


January 2,2026
For the year ended December 30, 2025
% change in receipts and disbursements
Expected Optimistic Pessimistic
Beginning Cash Balance
Cash Inflows (Income)
Accounts Recievable
Collections
Loan Proceeds
Total Cash Inflows
Available Cash Balance
Cash Outflows (Expenses)
Advertising
Delivery & pick-up Charges
Health Insurance, Phil Health
Insurance, Social Security
System
Insurance, Building
Interest + Loan Payment
Inventory Purchases
Miscellaneous
Office Supplies
Payroll
Payroll Taxes
Prior Year Accounts Payable
Prior Year Income Tax
Payable
Professional Fees
Repairs & Maintenance
Research and Development
Services
Utilities & Telephone
Other
Subtotal
Other Cash Out Flows
Capital Purchases
Building Construction
Contingencies
Decorating

19 | F i n a n c i a l F e a s i b i l i t y S t u d y
PRODUCTION OF ANILINE FROM CATALYTIC HYDROGENATION OF NITROBENZENE .

Installation, Cost of Electrical


Equipment, IPC and Piping
Interiors and Fixtures
Land
Subtotal
Total Cash Outflows
Ending Balance

Cash Flow Sensitivity Analysis


January 2,2027
For the year ended December 30, 2026
% change in receipts and disbursements
Expected Optimistic Pessimistic
Beginning Cash Balance
Cash Inflows (Income)
Accounts Recievable
Collections
Loan Proceeds
Total Cash Inflows
Available Cash Balance
Cash Outflows (Expenses)
Advertising
Delivery & pick-up Charges
Health Insurance, Phil Health
Insurance, Social Security
System
Insurance, Building
Interest + Loan Payment
Inventory Purchases
Miscellaneous
Office Supplies
Payroll
Payroll Taxes
Prior Year Accounts Payable
Prior Year Income Tax
Payable
Professional Fees
Repairs & Maintenance
Research and Development
Services

20 | F i n a n c i a l F e a s i b i l i t y S t u d y
PRODUCTION OF ANILINE FROM CATALYTIC HYDROGENATION OF NITROBENZENE .

Utilities & Telephone


Other
Subtotal
Other Cash Out Flows
Capital Purchases
Building Construction
Contingencies
Decorating
Installation, Cost of Electrical
Equipment, IPC and Piping
Interiors and Fixtures
Land
Subtotal
Total Cash Outflows
Ending Balance

Cash Flow Sensitivity Analysis


January 2,2028
For the year ended December 30, 2027
% change in receipts and disbursements
Expected Optimistic Pessimistic
Beginning Cash Balance
Cash Inflows (Income)
Accounts Recievable
Collections
Loan Proceeds
Total Cash Inflows
Available Cash Balance
Cash Outflows (Expenses)
Advertising
Delivery & pick-up Charges
Health Insurance, Phil Health
Insurance, Social Security
System
Insurance, Building
Interest + Loan Payment
Inventory Purchases
Miscellaneous
Office Supplies
Payroll

21 | F i n a n c i a l F e a s i b i l i t y S t u d y
PRODUCTION OF ANILINE FROM CATALYTIC HYDROGENATION OF NITROBENZENE .

Payroll Taxes
Prior Year Accounts Payable
Prior Year Income Tax
Payable
Professional Fees
Repairs & Maintenance
Research and Development
Services
Utilities & Telephone
Other
Subtotal
Other Cash Out Flows
Capital Purchases
Building Construction
Contingencies
Decorating
Installation, Cost of Electrical
Equipment, IPC and Piping
Interiors and Fixtures
Land
Subtotal
Total Cash Outflows
Ending Balance

Cash Flow Sensitivity Analysis


January 2,2029
For the year ended December 30, 2028
% change in receipts and disbursements
Expected Optimistic Pessimistic
Beginning Cash Balance
Cash Inflows (Income)
Accounts Recievable
Collections
Loan Proceeds
Total Cash Inflows
Available Cash Balance
Cash Outflows (Expenses)
Advertising
Delivery & pick-up Charges
Health Insurance, Phil Health

22 | F i n a n c i a l F e a s i b i l i t y S t u d y
PRODUCTION OF ANILINE FROM CATALYTIC HYDROGENATION OF NITROBENZENE .

Insurance, Social Security


System
Insurance, Building
Interest + Loan Payment
Inventory Purchases
Miscellaneous
Office Supplies
Payroll
Payroll Taxes
Prior Year Accounts Payable
Prior Year Income Tax
Payable
Professional Fees
Repairs & Maintenance
Research and Development
Services
Utilities & Telephone
Other
Subtotal
Other Cash Out Flows
Capital Purchases
Building Construction
Contingencies
Decorating
Installation, Cost of Electrical
Equipment, IPC and Piping
Interiors and Fixtures
Land
Subtotal
Total Cash Outflows
Ending Balance

INCOME STATEMENT

BALANCE SHEET

PAYBACK PERIOD

BREAK-EVEN ANALYSIS

23 | F i n a n c i a l F e a s i b i l i t y S t u d y

Похожие интересы