Carnarvon Truckstop

Variable Assumptions
Fixed Values

Project Name
Project Data
Project Life
Build Time
Truck Stop Size
No. Economy Units
No. Single Rooms
No. Double Rooms
No. Family Units

Economic Assumptions
CPI
Expense Escalation
Interest Only Period
Length of Interest Only Period
Loan Term
Return on Equity
Interest Rate (On Debt)
Equity/Debt Ratio
Initial Equity
Initial Debt
Exchange Rate
Tax Rate
Deprecition Method
Deprication / Usefull Life
Government Grants

Operation Expenditure Assumptions

O&M
Insurance
Lease of Land

Capital Expenditure Assumptions

Cost of Eco Room
Cost of Single Room
Cost of Double Room
Cost of Family Unit

Revenue Assumptions
Rate for Eco Room
Rate for Single Room
Rate for Double Room
Rate of Family Room
Occupancy Rate
Rate Increase

Blue
Black

Carnarvon Truckstop

20
6
22
6
6
6
4

2.00%
100.00%
0

40.00%
8.00%
20.00%
$291,560
$1,166,240
$0.80
30.00%
0
15

$25,000
$2,000
$0

$100,000
$135,000
$135,000
$141,400

$45.00
$55.00
$95.00
$145.00
40.00%
100.00%

Years
Months
Rooms

p.a
of CPI
1 = Yes, 0 = No
years
years
p.a
p.a
Equity

$A/$US All $A unless stated otherwise

1 = Optimised (DV/PC), 0 = Straight Line
years

p.a
p.a
p.a

per
per
per
per

night
night
night
night

of CPI

Carnarvon Truckstop
Jan
Days
Economy Room
Single Room
Double Room
Family Room
Total

Feb

March

31

28.25

31

$3,348
$4,092
$7,068
$7,192

$3,051
$3,729
$6,441
$6,554

$3,348
$4,092
$7,068
$7,192

$21,700

$19,775

$21,700

April

May

June

July

Aug

Sep

30

31

30

31

31

30

$3,240
$3,960
$6,840
$6,960

$3,348
$4,092
$7,068
$7,192

$3,240
$3,960
$6,840
$6,960

$3,348
$4,092
$7,068
$7,192

$3,348
$4,092
$7,068
$7,192

$3,240
$3,960
$6,840
$6,960

$21,000

$21,700

$21,000

$21,700

$21,700

$21,000

Oct

Nov

Dec

Total

31

30

31

365.25

$3,348
$4,092
$7,068
$7,192

$3,240
$3,960
$6,840
$6,960

$3,348
$4,092
$7,068
$7,192

$39,447
$48,213
$83,277
$84,738

$21,700

$21,000

$21,700

$255,675

Carvaron Truck Stop

Capital Expenditure
Building Supply Econ Rooms
Building Supply Single Rooms
Building Supply Double Rooms
Building Suppy Family Rooms
Transport to Site
Installation on Site
Certification
Land Acquistion
Over Draft Faciltiy

Contingency/Rounding

Total

$200,000
$270,000
$405,000
$282,800

$300,000
$1,457,800
$0

$1,457,800

3 No.
3 No.
2 No.
2 No.

of
of
of
of

Rooms
Rooms
Rooms
Rooms

per
per
per
per

Econ Building
Single Building
a Double Building
a Family Building

Variables form Assumptions page

Actual Data to be entered on this page

Carnarvon Truckstop
Project Debt
Interest Rate
Principal

Year

7.00%
$1,166,240

0
Opening
Interest
Principal Movement
Repayment
Closing

$0 -$1,207,058 -$1,180,103 -$1,164,856

-$40,818
-$84,494
-$82,607
-$81,540
-$1,166,240
-$57,538
-$67,361
-$62,280
$0
$26,956
$15,246
$19,260
-$1,207,058 -$1,180,103 -$1,164,856 -$1,145,596

-$1,145,596 -$1,122,125 -$1,094,238 -$1,061,717 -$1,024,336

-$80,192
-$78,549
-$76,597
-$74,320
-$71,703
-$56,721
-$50,661
-$44,076
-$36,939
-$29,224
$23,471
$27,888
$32,521
$37,381
$42,480
-$1,122,125 -$1,094,238 -$1,061,717 -$1,024,336
-$981,856

-$981,856
-$68,730
-$20,902
$47,828
-$934,028

10

11

12

13

14

15

-$934,028
-$65,382
-$11,944
$53,438
-$880,590

-$880,590
-$61,641
-$2,318
$59,324
-$821,266

-$821,266
-$57,489
$8,009
$65,497
-$755,769

-$755,769
-$52,904
$19,070
$71,973
-$683,796

-$683,796
-$47,866
$30,901
$78,767
-$605,029

-$605,029
-$42,352
$43,541
$85,893
-$519,136

16

17

18

19

20

-$519,136
-$36,339
$33,873
$70,213
-$448,923

-$448,923
-$31,425
$45,495
$76,920
-$372,003

-$372,003
-$26,040
$57,916
$83,956
-$288,047

-$288,047
-$20,163
$71,173
$91,336
-$196,711

-$196,711
-$13,770
$85,309
$99,079
-$97,632

Carvaron Truck Stop

Cash Flow

0
2016

1
2017

0.00%
0.00%

2.00%
2.00%

$0
$0
$0
$0
$0

$40,236
$49,177
$84,943
$86,433
$260,789

Operating Expenses
O&M
Insurance
Lease of Land
Fees
Total Operating Expenses

-$12,500
-$1,000
$0
$0
-$13,500

-$25,500
-$2,040
$0
$0
-$27,540

EBITDA

-$13,500

$233,249

Depreciation
Interest
PBT
Tax
NPAT

$0
-$40,818
-$54,318
$0
-$54,318

-$77,187
-$84,494
$71,568
-$5,175
$66,393

$1,166,240
$291,560
$0
$0
$0
-$1,457,800
-$54,318

$0
-$116,624
$0
$77,187
$0
$0
$26,956

$0

$26,956

-$54,318

$0

Based Year Multiplier Revenue

Based Year Multiplier Expensives

Econ Room
Single Room
Double Room
Family Room
Total Revenue

Cash Flow
Debt (Amortisation) / Drawdown
Equity Repayment
Grants
Deprciation
Residual Value
Capex
After Tax Cash Flows
Interest Payments
Project Cashflow

Year

2
2018

3
2019

4
2020

5
2021

6
2022

7
2023

8
2024

4.04%
4.04%

6.08%
6.08%

8.12%
8.12%

10.16%
10.16%

12.20%
12.20%

14.24%
14.24%

16.28%
16.28%

$41,041
$50,161
$86,641
$88,161
$266,004

$41,846 $42,651 $43,456 $44,261 $45,066 $45,871

$51,145 $52,129 $53,113 $54,097 $55,080 $56,064
$88,341 $90,040 $91,740 $93,439 $95,139 $96,839
$89,891 $91,620 $93,349 $95,079 $96,808 $98,537
$271,222 $276,440 $281,658 $286,876 $292,094 $297,311

-$26,010
-$2,081
$0
$0
-$28,091

-$26,520
-$2,122
$0
$0
-$28,642

$237,913

$242,580 $247,247 $251,914 $256,581 $261,248 $265,914

-$77,187
-$82,607
$78,120
-$23,436
$54,684

-$77,187
-$81,540
$83,854
-$25,156
$58,698

$0
-$116,624
$0
$77,187
$0
$0
$15,246

-$27,030
-$2,162
$0
$0
-$29,193

-$77,187
-$80,192
$89,869
-$26,961
$62,908

-$27,541
-$2,203
$0
$0
-$29,744

-$28,051
-$2,244
$0
$0
-$30,295

-$28,561
-$2,285
$0
$0
-$30,846

-$29,071
-$2,326
$0
$0
-$31,397

-$77,187 -$77,187 -$77,187 -$77,187

-$78,549 -$76,597 -$74,320 -$71,703
$96,178 $102,797 $109,741 $117,024
-$28,854 -$30,839 -$32,922 -$35,107
$67,325 $71,958 $76,819 $81,917

$0
$0
$0
$0
$0
$0
-$116,624 -$116,624 -$116,624 -$116,624 -$116,624 -$116,624
$0
$0
$0
$0
$0
$0
$77,187 $77,187 $77,187 $77,187 $77,187 $77,187
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$19,260 $23,471 $27,888 $32,521 $37,381 $42,480

$15,246

$19,260

$23,471

$27,888

$32,521

$37,381

$42,480

$0

$0

$0

$0

$0

$0

$0

9
2025

10
2026

11
2027

12
2028

13
2029

14
2030

15
2031

18.33%
18.33%

20.37%
20.37%

22.41%
22.41%

24.45%
24.45%

26.49%
26.49%

28.53%
28.53%

30.57%
30.57%

$46,676 $47,481 $48,286

$57,048 $58,032 $59,016
$98,538 $100,238 $101,937
$100,267 $101,996 $103,726
$302,529 $307,747 $312,965

$49,091
$60,000
$103,637
$105,455
$318,183

$49,896
$60,984
$105,336
$107,184
$323,401

$50,701
$61,968
$107,036
$108,914
$328,619

$51,506
$62,952
$108,735
$110,643
$333,836

-$29,581
-$2,367
$0
$0
-$31,948

-$30,602
-$2,448
$0
$0
-$33,050

-$31,112
-$2,489
$0
$0
-$33,601

-$31,622
-$2,530
$0
$0
-$34,152

-$32,132
-$2,571
$0
$0
-$34,703

-$32,643
-$2,611
$0
$0
-$35,254

$270,581 $275,248 $279,915

$284,582

$289,249

$293,915

$298,582

-$77,187 -$77,187 -$77,187

-$68,730 -$65,382 -$61,641
$124,665 $132,679 $141,087
-$37,399 -$39,804 -$42,326
$87,265 $92,876 $98,761

-$77,187
-$57,489
$149,906
-$44,972
$104,935

-$77,187
-$52,904
$159,158
-$47,747
$111,411

-$77,187
-$47,866
$168,863
-$50,659
$118,204

-$77,187
-$42,352
$179,044
-$53,713
$125,331

$0
$0
$0
-$116,624 -$116,624 -$116,624
$0
$0
$0
$77,187 $77,187 $77,187
$0
$0
$0
$0
$0
$0
$47,828 $53,438 $59,324

$0
-$116,624
$0
$77,187
$0
$0
$65,497

$0
-$116,624
$0
$77,187
$0
$0
$71,973

$0
-$116,624
$0
$77,187
$0
$0
$78,767

$0
-$116,624
$0
$77,187
$0
$0
$85,893

-$30,092
-$2,407
$0
$0
-$32,499

$47,828

$53,438

$59,324

$65,497

$71,973

$78,767

$85,893

$0

$0

$0

$0

$0

$0

$0

16
2032

17
2033

18
2034

19
2035

20
2036

32.61%
32.61%

34.65%
34.65%

36.69%
36.69%

38.73%
38.73%

40.77%
40.77%

$52,311
$63,936
$110,435
$112,372
$339,054

$53,116
$64,920
$112,134
$114,102
$344,272

$53,921
$65,904
$113,834
$115,831
$349,490

$54,726
$66,888
$115,533
$117,560
$354,708

$55,531
$67,872
$117,233
$119,290
$359,926

-$33,153
-$2,652
$0
$0
-$35,805

-$33,663
-$2,693
$0
$0
-$36,356

-$34,173
-$2,734
$0
$0
-$36,907

-$34,683
-$2,775
$0
$0
-$37,458

-$35,194
-$2,815
$0
$0
-$38,009

$303,249

$307,916

$312,583

$317,250

$321,916

$0
-$36,339
$266,910
-$80,073
$186,837

$0
-$31,425
$276,491
-$82,947
$193,544

$0
-$26,040
$286,543
-$85,963
$200,580

$0
-$20,163
$297,086
-$89,126
$207,960

$0
-$13,770
$308,147
-$92,444
$215,703

$0
-$116,624
$0
$0
$0
$0
$70,213

$0
-$116,624
$0
$0
$0
$0
$76,920

$0
-$116,624
$0
$0
$0
$0
$83,956

$0
-$116,624
$0
$0
$0
$0
$91,336

$0
-$116,624
$0
$0
$0
$0
$99,079

$70,213

$76,920

$83,956

$91,336

$99,079

$0

$0

$0

$0

$0

Total

$957,670
$1,170,486
$2,021,748
$2,057,218
$6,207,122

-$619,435
-$49,555
$0
$0
-$668,990
$5,538,133
-$1,157,800
-$1,194,921
$3,185,412
$2,229,788

$1,166,240
-$2,040,920
$0
$1,157,800
$0
-$1,457,800
$1,055,108
$0
$1,109,427
$0
-$54,318
$0
$0
$0
$0
$0
$0
$0

Carnarvon Truckstop

Useful Life
Capex

15
$1,157,800

Straight Line

PC v DV

Opening:
DV:
PC:
Closing:

Actual Depreciation
Opening:
Depreciation:
Closing:

1
1,157,800
0
-77,187
1,080,613

1,157,800
(77,187)
1,080,613

1,080,613 1,003,427
0
0
-77,187
-77,187
1,003,427
926,240

1,080,613 1,003,427
(77,187)
(77,187)
1,003,427
926,240

4
926,240
0
-77,187
849,053

5
849,053
0
-77,187
771,867

6
771,867
0
-77,187
694,680

7
694,680
0
-77,187
617,493

8
617,493
0
-77,187
540,307

9
540,307
0
-77,187
463,120

10
463,120
0
-77,187
385,933

10

926,240
(77,187)
849,053

849,053
(77,187)
771,867

771,867
(77,187)
694,680

694,680
(77,187)
617,493

617,493
(77,187)
540,307

540,307
(77,187)
463,120

463,120
(77,187)
385,933

11
385,933
0
-77,187
308,747

12
308,747
0
-77,187
231,560

13
231,560
0
-77,187
154,373

14
154,373
0
-77,187
77,187

15
77,187
-77,187
-77,187
0

11

12

13

14

15

385,933
(77,187)
308,747

308,747
(77,187)
231,560

231,560
(77,187)
154,373

154,373
(77,187)
77,187

77,187
(77,187)
0

16

17

0
0
0
0

0
0
0
0

16

17

0
0
0

0
0
0

18

19

20

0
0
0
0

0
0
0
0

0
0
0
0

18

19

20

0
0
0

0
0
0

0
0
0

Carnarvon Truckstop
Tax Calculations
Tax Rate

Year
PBT
Grants
Carried Forward Tax Losses
Taxable Income
Tax

30.00%

-$54,318
$0
$0
-$54,318
$0

$71,568
$0
-$54,318
$17,249
$5,175

$78,120
$0
$0
$78,120
$23,436

$83,854
$0
$0
$83,854
$25,156

$89,869
$0
$0
$89,869
$26,961

$96,178 $102,797 $109,741 $117,024 $124,665

$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$96,178 $102,797 $109,741 $117,024 $124,665
$28,854 $30,839 $32,922 $35,107 $37,399

10

11

12

13

14

15

16

$132,679 $141,087 $149,906 $159,158 $168,863 $179,044 $266,910

$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$132,679 $141,087 $149,906 $159,158 $168,863 $179,044 $266,910
$39,804 $42,326 $44,972 $47,747 $50,659 $53,713 $80,073

17

18

19

20

$276,491 $286,543 $297,086 $308,147

$0
$0
$0
$0
$0
$0
$0
$0
$276,491 $286,543 $297,086 $308,147
$82,947 $85,963 $89,126 $92,444

Carnarvon Truckstop

Total Cash Flow

PV of Cash Flow
IRR
NPV

-$54,318
$888,184
Err:523
-$116,405