Professional Documents
Culture Documents
Client :
$ 0.60
CONSTRUCTION PERIOD
(In USD)
Month 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16
Unit Amount Sept Oct Nov Dec 2012 Jan Feb Mar Apr May June July Agt Sept Oct Nov Dec 2013 Total
Inflation Construction Period Construction Period
Cost Distribution
EPC Cost 15% 15% 10% 10% 50% 4% 4% 4% 4% 4% 5% 5% 5% 5% 5% 5% 0% 50% 100%
Crusher 20% 10% 10% 10% 50% 4% 4% 4% 4% 4% 5% 5% 5% 5% 5% 5% 0% 50% 100%
Construction Office @ Site (18 persons) 100% 0% 0% 0% 100% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 100%
Housing @ Site (12 persons) 100% 0% 0% 0% 100% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 100%
Office Furnitures, AC, others @ Site 100% 0% 0% 0% 100% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 100%
Equipments (computer, printer, etc) 100% 0% 0% 0% 100% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 100%
Communication (V Sat, Radio, Phone, Repeater, V Con) 100% 0% 0% 0% 100% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 100%
Genset @ Office & Housing 100% 0% 0% 0% 100% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 100%
Engines: Pump, Welding, Lighting Tower 100% 0% 0% 0% 100% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 100%
Mess Furnitures, AC, Others @ Site 100% 0% 0% 0% 100% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 100%
Safety Tools & Tool Kit Equipment 100% 0% 0% 0% 100% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 100%
INITIAL INVESTMENT
EPC Cost USD 10% 37,541,864 5,631,280 5,631,280 3,754,186 3,754,186 18,770,932 1,501,675 1,501,675 1,501,675 1,501,675 1,501,675 1,877,093 1,877,093 1,877,093 1,877,093 1,877,093 1,877,093 - 18,770,932 37,541,864
Crusher USD 10% 5,445,880 1,089,176 544,588 544,588 544,588 2,722,940 217,835 217,835 217,835 217,835 217,835 272,294 272,294 272,294 272,294 272,294 272,294 - 2,722,940 5,445,880
Construction Office @ Site (18 persons) USD 10% 32,855 32,855 - - - 32,855 - - - - - - - - - - - - - 32,855
Housing @ Site (12 persons) USD 10% 61,789 61,789 - - - 61,789 - - - - - - - - - - - - - 61,789
Office Furnitures, AC, others @ Site USD 10% 19,360 19,360 - - - 19,360 - - - - - - - - - - - - - 19,360
Equipments (computer, printer, etc) USD 10% 18,634 18,634 - - - 18,634 - - - - - - - - - - - - - 18,634
Communication (V Sat, Radio, Phone, Repeater, V Con) USD 10% 82,500 82,500 - - - 82,500 - - - - - - - - - - - - - 82,500
Genset @ Office & Housing USD 10% 11,138 11,138 - - - 11,138 - - - - - - - - - - - - - 11,138
Engines: Pump, Welding, Lighting Tower USD 10% 34,507 34,507 - - - 34,507 - - - - - - - - - - - - - 34,507
Mess Furnitures, AC, Others @ Site USD 10% 22,916 22,916 - - - 22,916 - - - - - - - - - - - - - 22,916
Safety Tools & Tool Kit Equipment USD 10% 17,247 17,247 - - - 17,247 - - - - - - - - - - - - - 17,247
* all above inc.VAT USD 10% 43,288,689 7,021,401 6,175,868 4,298,774 4,298,774 21,794,818 1,719,510 1,719,510 1,719,510 1,719,510 1,719,510 2,149,387 2,149,387 2,149,387 2,149,387 2,149,387 2,149,387 - 21,493,872 43,288,689
PREOPERATION COST
Personnel (6 Orang) USD 31,800 31,800 31,800 31,800 31,800 127,200 31,800 31,800 31,800 31,800 31,800 31,800 31,800 31,800 31,800 31,800 31,800 - 349,800 477,000
Car Rental * USD/ unit 2 1,800 3,960 3960 3960 3960 15,840 3,960 3,960 3,960 3,960 3,960 3,960 3,960 3,960 3,960 3,960 3,960 - 43,560 59,400
Fuel Consumption for LV USD/ unit 2 375 750 750 750 750 3,000 750 750 750 750 750 750 750 750 750 750 750 - 8,250 11,250
Air Fare JKT-Site (every 6 weeks for 6 personel): Rooster USD/ trip 6 350 2,100 2,100 4,200 2,100 2,100 2,100 2,100 2,100 2,100 - 12,600 16,800
Other expenses (stationery, mobile, kitchen supply, - -
housing, etc) * USD/ mo 2,500 2,750 2,750 2,750 2,750 11,000 2,750 2,750 2,750 2,750 2,750 2,750 2,750 2,750 2,750 2,750 2,750 - 30,250 41,250
Catering * USD/day/ person 6 6 1,188 1,188 1,188 1,188 4,752 1,188 1,188 1,188 1,188 1,188 1,188 1,188 1,188 1,188 1,188 1,188 - 13,068 17,820
Laundry * USD/mo/ person 6 12 79 79 79 79 317 79 79 79 79 79 79 79 79 79 79 79 - 871 1,188
* Inc.VAT 10%
Total USD 42,627 40,527 42,627 40,527 166,309 42,627 40,527 42,627 40,527 42,627 40,527 42,627 40,527 42,627 40,527 42,627 - 458,399 624,708
Superintendent - salary USD/ mo 1 1,087 1,087 1,087 1,087 1,087 4,348 1,087 1,087 1,087 1,087 1,087 1,087 1,087 1,087 1,087 1,087 1,087 1,087 13,043 17,391
Supervisor - salary USD/ mo 5 652 3,261 3,261 3,261 3,261 13,043 3,261 3,261 3,261 3,261 3,261 3,261 3,261 3,261 3,261 3,261 3,261 3,261 39,130 52,174
Supporting Staff (Security + OB) - salary USD/ mo 6 163 978 978 978 978 3,913 978 978 978 978 978 978 978 978 978 978 978 978 11,739 15,652
Jamsostek USD 5.70% 303.59 303.59 303.59 303.59 1,214 303.59 303.59 303.59 303.59 303.59 303.59 303.59 303.59 303.59 303.59 303.59 303.59 3,643 4,857
Air Fare JKT-Site (every 8 weeks for 6 personel): Rooster * USD/ trip 6 632 - - 632 1,389 2,021 1,389 632 - 1,389 1,389 632 - 1,389 1,389 632 - 632 9,474 11,495
Car Rental * USD/ unit 2 1,800 3,960 3,960 3,960 3,960 15,840 3,960 3,960 3,960 3,960 3,960 3,960 3,960 3,960 3,960 3,960 3,960 3,960 47,520 63,360
Fuel Consumption for LV USD/ unit 2 375 750 750 750 750 3,000 750 750 750 750 750 750 750 750 750 750 750 750 9,000 12,000
Phone expenses (fixed line & mobile) * USD/ mo/ person 7 50 385 385 385 385 1,540 385 385 385 385 385 385 385 385 385 385 385 385 4,620 6,160
Communication (V Sat & V Con) USD/ mo 1 2,895 2,895 2,895 2,895 2,895 11,579 2,895 2,895 2,895 2,895 2,895 2,895 2,895 2,895 2,895 2,895 2,895 2,895 34,737 46,316
Entertainment USD 20% 1,126 1,126 1,252 1,404 4,908 1,404 1,252 1,126 1,404 1,404 1,252 1,126 1,404 1,404 1,252 1,126 1,252 15,406 20,314
Catering * USD/day/ person 10 6 1,980 1,980 1,980 1,980 7,920 1,980 1,980 1,980 1,980 1,980 1,980 1,980 1,980 1,980 1,980 1,980 1,980 23,760 31,680
Laundry * USD/mo/ person 14 12 185 185 185 185 739 185 185 185 185 185 185 185 185 185 185 185 185 2,218 2,957
* Inc.VAT 10%
Total OH USD 16,910 16,910 17,668 18,578 70,066 18,578 17,668 16,910 18,578 18,578 17,668 16,910 18,578 18,578 17,668 16,910 17,668 214,290 284,356
ASSUMPTIONS
(In USD)
Operational Year 0 0 1 2 3 4 5 6 7 8 9 10
Year 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Unit Amount Construction Period Operational Period
ECONOMIC DATA
Inflation % 5% 5% 5% 5% 5% 5% 5% 5% 5% 5% 5% 5%
Design Capacity Mmt 8.625 8.625 8.625 8.625 8.625 8.625 8.625 8.625 8.625 8.625
Production Planning
West Mmt 5.000 6.600 7.400 7.500 7.400 7.000 6.900 7.000 5.800 3.100 2.600
East Mmt 1.000 1.100 1.000 1.100 1.200 1.200 1.300 1.100 1.200 1.100 -
Subtotal Mmt - 6.000 7.700 8.400 8.600 8.600 8.200 8.200 8.100 7.000 4.200 2.600
Utilisation rate % 89.3% 97.4% 99.7% 99.7% 95.1% 95.1% 93.9% 81.2% 48.7% 30.1%
Coal Production mt 7,700,000 8,400,000 8,600,000 8,600,000 8,200,000 8,200,000 8,100,000 7,000,000 4,200,000 2,600,000
Tariff USD / mt 2.00 2.00 2.00 2.00 2.00 2.68 2.68 2.68 2.68 2.68
% Change 0% 0% 0% 0% 0% 34% 0% 0% 0% 0%
Revenue USD 15,400,000 16,800,000 17,200,000 17,200,000 16,400,000 21,977,569 21,709,549 18,761,339 11,256,803 6,968,497
R & M Cost USD 0.3044 21,798,068 1,921,899 2,201,447 2,366,556 2,484,884 2,487,773 2,612,162 2,709,321 2,458,458 1,548,829 1,006,739
Electricity Cost USD 0.3270 23,412,363 2,064,228 2,364,480 2,541,815 2,668,906 2,672,010 2,805,610 2,909,965 2,640,524 1,663,530 1,081,295
Labor Cost (Mining & CPP) USD 0.1188 8,507,194 750,065 859,165 923,603 969,783 970,910 1,019,456 1,057,375 959,470 604,466 392,903
Total Direct Cost 4,736,191 5,425,092 5,831,974 6,123,573 6,130,693 6,437,228 6,676,661 6,058,452 3,816,825 2,480,936
OPERATING EXPENSES
Total USD 70,066 214,290 658,582 718,658 752,791 788,630 826,262 865,775 907,264 950,827 996,568 1,044,597
1,896,048,000
Total Operating Expenses USD 236,375 672,689 658,582 718,658 752,791 788,630 826,262 865,775 907,264 950,827 996,568 1,044,597
CAPITAL EXPENDITURES
Total Capital Expenditure USD 21,794,818 21,493,872 3,823,036 - 250,761 - - 3,584,802 - - 336,044 -
CAPITAL EXPENDITURES
(In USD)
Operational Year 1 2 3 4 5 6 7 8 9 10
Year 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Construction Period Operational Period
Investment
EPC Cost 18,770,932 18,770,932 - - - - - - - - - -
Crusher 2,722,940 2,722,940 - - - - - - - - - -
Construction Office @ Site 32,855 - - - - - - - - - - -
Housing @ Site 61,789 - - - - - - - - - - -
Office Furnitures, AC, others @ Site 19,360 - - - 23,532 - - 27,241 - - 31,535 -
Equipments (computer, printer, etc) 18,634 - - - 22,650 - - 26,220 - - 30,353 -
Communication (V Sat, Radio, Phone, Repeater, V Con) 82,500 - - - 100,279 - - 116,086 - - 134,384 -
Genset @ Office & Housing 11,138 - - - 13,538 - - 15,672 - - 18,142 -
Engines: Pump, Welding, Lighting Tower 34,507 - - - 41,944 - - 48,555 - - 56,209 -
Mess Furnitures, AC, Others @ Site 22,916 - - - 27,854 - - 32,245 - - 37,327 -
Safety Tools & Tool Kit Equipment 17,247 - - - 20,964 - - 24,268 - - 28,093 -
Bulldozer D85 ESS 1 - - 309,251 - - - - 394,692 - - - -
Excavator PC-200 1 - - 162,509 - - - - 207,407 - - - -
Wheel Loader WA500-3 1 - - 515,419 - - - - 657,819 - - - -
Bulldozer D375 2 - - 1,334,025 - - - - 1,702,592 - - - -
Dump Truck CLA 26.280 4 - - 115,211 - - - - 147,042 - - - -
Water Truck CLA 26.280 1 - - 144,924 - - - - 184,963 - - - -
Initial Inventory (% from EPC Cost) 3% - - 1,241,697 - - - - - - - - -
* all inc.VAT
Total 21,794,818 21,493,872 3,823,036 - 250,761 - - 3,584,802 - - 336,044 -
Total 21,794,818 43,288,689 45,870,028 45,870,028 46,120,789 46,120,789 46,120,789 49,705,590 49,705,590 49,705,590 50,041,634 50,041,634
Depreciation
EPC & Crusher
2013 10
2014 10 4,298,774 4,298,774 4,298,774 4,298,774 4,298,774 4,298,774 4,298,774 4,298,774 4,298,774 4,298,774
2015 10
2016 10
Total 4,298,774 4,298,774 4,298,774 4,298,774 4,298,774 4,298,774 4,298,774 4,298,774 4,298,774 4,298,774
Total Depreciation - - 5,251,649 5,251,649 5,335,236 4,406,022 4,382,361 5,493,708 5,493,708 5,493,708 4,410,789 4,410,789
Acc. Depreciation - - 5,251,649 10,503,297 15,838,533 20,244,556 24,626,917 30,120,625 35,614,333 41,108,042 45,518,831 49,929,620
Fixed Assets
Fixed Assets - Cost 21,794,818 43,288,689 45,870,028 45,870,028 46,120,789 46,120,789 46,120,789 49,705,590 49,705,590 49,705,590 50,041,634 50,041,634
Accumulated Depreciation - - (5,251,649) (10,503,297) (15,838,533) (20,244,556) (24,626,917) (30,120,625) (35,614,333) (41,108,042) (45,518,831) (49,929,620)
Total Fixed Assets (Net) 21,794,818 43,288,689 40,618,379 35,366,730 30,282,256 25,876,233 21,493,872 19,584,965 14,091,257 8,597,549 4,522,804 112,015
Financing :
Share Capital (Equity) 20.0% 4,358,964 4,298,774
LT Debt 80.0% 17,435,854 17,195,097
Working Capital Loan 500,000 800,000 1,000,000
Financial Cost (Provision) 1.0% 179,359 179,951 10,000
LOAN
Interest expense 1,307,689 2,597,321 2,597,321 2,164,434 1,731,548 1,298,661 865,774 432,887 -
% Interest rate 7.5% 7.5% 7.5% 7.5% 7.5% 7.5% 7.5% 7.5% 7.5%
Interest expense 37,500 97,500 172,500 152,188 121,750 91,313 60,875 30,438 -
% Interest rate 7.5% 7.5% 7.5% 7.5% 7.5% 7.5% 7.5% 7.5% 7.5%
TOTAL LOAN
Repayment - - 6,828,494 6,828,494 6,828,494 6,828,494 6,828,494 6,828,494 - - - -
Interest expenses 1,345,189 2,694,821 3,062,697 2,560,685 2,048,548 1,536,411 1,024,274 512,137 0 - - -
CF Ending 84,267 31,626 (3,100,093) (2,544,001) (1,864,432) (1,027,880) (446,705) 1,135,248 13,102,893 23,290,365 28,889,577 32,574,497
Bill of Quantity - Summary (Year 2012)
No Descriptions Amount (USD)
EPC Cost
1 Dump Hopper DH-120A (275 Ton) 1,377,462
2 Dump Hopper DH-120B (275 Ton) 1,377,462
3 Transfer Conveyor CV-121A 800,606
4 Transfer Conveyor CV-121B 1,286,054
5 Stacking Conveyor CV-122 3,565,690
6 Reclaim Conveyor CV-123 (including tunnel) 3,244,487
7 Earthworks, Pavement and Drainage Works 12,053,152
8 Additional Equipment 150,000
9 Electrical 3,445,547
10 Supporting Facilities 1,705,000
11 Surge Bin SB-121 1,783,506
12 Pipa HDPE 190,000
13 Others 3,150,000
Crusher (4 unit) 4,950,800
Sub Total 39,079,767
VAT 10% 3,907,977
Total EPC Cost 42,987,744
Investment Cost
Items Amount (USD)
EPC Cost (inc.VAT) 42,987,744
Initial Investment (inc.VAT) 300,946
Preoperation Cost (inc.VAT) 909,064
Construction Cost (Inc.VAT) 44,197,753
Financial Cost (% of Total Loan) 359,310
IDC 3,905,010
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Construction Period Operational Period
Revenue 15,400,000 16,800,000 17,200,000 17,200,000 16,400,000 21,977,569 21,709,549 18,761,339 11,256,803 6,968,497
Direct Cost 4,736,191 5,425,092 5,831,974 6,123,573 6,130,693 6,437,228 6,676,661 6,058,452 3,816,825 2,480,936
% of revenue 30.75% 32.29% 33.91% 35.60% 37.38% 29.29% 30.75% 32.29% 33.91% 35.60%
Gross profit - - 10,663,809 11,374,908 11,368,026 11,076,427 10,269,307 15,540,341 15,032,888 12,702,887 7,439,979 4,487,561
% margin 69.25% 67.71% 66.09% 64.40% 62.62% 70.71% 69.25% 67.71% 66.09% 64.40%
Operating expenses
Project Management 166,309 458,399 - - - - - - - - - -
Company 70,066 214,290 658,582 718,658 752,791 788,630 826,262 865,775 907,264 950,827 996,568 1,044,597
Total Operating expenses 236,375 672,689 658,582 718,658 752,791 788,630 826,262 865,775 907,264 950,827 996,568 1,044,597
% of revenue 4.28% 4.28% 4.38% 4.59% 5.04% 3.94% 4.18% 5.07% 8.85% 14.99%
EBITDA (236,375) (672,689) 10,005,227 10,656,250 10,615,235 10,287,797 9,443,045 14,674,566 14,125,624 11,752,060 6,443,410 3,442,965
% margin 64.97% 63.43% 61.72% 59.81% 57.58% 66.77% 65.07% 62.64% 57.24% 49.41%
Depreciation & Amortization - - 5,251,649 5,251,649 5,335,236 4,406,022 4,382,361 5,493,708 5,493,708 5,493,708 4,410,789 4,410,789
Operating Income (EBIT) (236,375) (672,689) 4,753,578 5,404,601 5,279,999 5,881,775 5,060,684 9,180,857 8,631,916 6,258,352 2,032,621 (967,824)
% margin 31% 32% 31% 34% 31% 42% 40% 33% 18% -14%
Other Income/(Expenses)
Interest Expense (1,345,189) (2,694,821) (3,062,697) (2,560,685) (2,048,548) (1,536,411) (1,024,274) (512,137) - - - -
FX gain (loss)
Income before Tax (1,581,564) (3,367,511) 1,690,881 2,843,916 3,231,451 4,345,364 4,036,410 8,668,720 8,631,916 6,258,352 2,032,621 (967,824)
Corporate Tax 25% (422,720) (710,979) (807,863) (1,086,341) (1,009,102) (2,167,180) (2,157,979) (1,564,588) (508,155) 241,956
Net Income (1,581,564) (3,367,511) 1,268,160 2,132,937 2,423,589 3,259,023 3,027,307 6,501,540 6,473,937 4,693,764 1,524,466 (725,868)
% margin 8.23% 12.70% 14.09% 18.95% 18.46% 29.58% 29.82% 25.02% 13.54% -10.42% Net Profit Mar
Projected Cash Flow
(In USD)
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Construction Period Operational Period
Cash Inflow
Revenue - - 15,400,000 16,800,000 17,200,000 17,200,000 16,400,000 21,977,569 21,709,549 18,761,339 11,256,803 6,968,497
Interest income
Share Capital (Equity) 4,358,964 4,298,774 - - - - - - - - - -
LT Debt 17,435,854 17,195,097 - - - - - - - - - -
Working Capital Loan 500,000 800,000 1,000,000 - - - - - - - - -
Cash Inflow 22,294,818 22,293,872 16,400,000 16,800,000 17,200,000 17,200,000 16,400,000 21,977,569 21,709,549 18,761,339 11,256,803 6,968,497
Cash Outflow
Capital Expenditures 21,794,818 21,493,872 3,823,036 - 250,761 - - 3,584,802 - - 336,044 -
Direct Cost 4,736,191 5,425,092 5,831,974 6,123,573 6,130,693 6,437,228 6,676,661 6,058,452 3,816,825 2,480,936
Opex - Project Management (Construction Phase) 166,309 458,399 - - - - - - - - - -
Opex - Company (Project & Operational phase) 70,066 214,290 658,582 718,658 752,791 788,630 826,262 865,775 907,264 950,827 996,568 1,044,597
Repayment - - 6,828,494 6,828,494 6,828,494 6,828,494 6,828,494 6,828,494 - - - -
Interest Expense 3,062,697 2,560,685 2,048,548 1,536,411 1,024,274 512,137 - - - -
Financial Cost 179,359 179,951
Taxes - - 422,720 710,979 807,863 1,086,341 1,009,102 2,167,180 2,157,979 1,564,588 508,155 (241,956)
Cash Outflow 22,210,551 22,346,512 19,531,720 16,243,908 16,520,430 16,363,449 15,818,825 20,395,615 9,741,904 8,573,867 5,657,592 3,283,577
Net Cash Flow 84,267 (52,640) (3,131,720) 556,092 679,570 836,551 581,175 1,581,953 11,967,645 10,187,472 5,599,211 3,684,921
CF at the beginning of year 84,267 31,626 (3,100,093) (2,544,001) (1,864,432) (1,027,880) (446,705) 1,135,248 13,102,893 23,290,365 28,889,577
CF at the ending of year 84,267 31,626 (3,100,093) (2,544,001) (1,864,432) (1,027,880) (446,705) 1,135,248 13,102,893 23,290,365 28,889,577 32,574,497
Projected Free Cash Flow
(In USD)
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Construction Period Operational Period
Operating Income (EBIT) (236,375) (672,689) 4,753,578 5,404,601 5,279,999 5,881,775 5,060,684 9,180,857 8,631,916 6,258,352 2,032,621 (967,824)
Depreciation & Amortization - - 5,251,649 5,251,649 5,335,236 4,406,022 4,382,361 5,493,708 5,493,708 5,493,708 4,410,789 4,410,789
Operating Income (EBITDA) (236,375) (672,689) 10,005,227 10,656,250 10,615,235 10,287,797 9,443,045 14,674,566 14,125,624 11,752,060 6,443,410 3,442,965
Tax Paid - - (422,720) (710,979) (807,863) (1,086,341) (1,009,102) (2,167,180) (2,157,979) (1,564,588) (508,155) 241,956
Capital Expenditures (21,794,818) (21,493,872) (3,823,036) - (250,761) - - (3,584,802) - - (336,044) -
Salvage Value - -
Free Cash Flow (FCF) (22,031,192) (22,166,561) 5,759,471 9,945,271 9,556,611 9,201,456 8,433,943 8,922,584 11,967,645 10,187,472 5,599,211 3,684,921
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Construction Period Operational Period
Free Cash Flow (FCF) (22,031,192) (22,166,561) 5,759,471 9,945,271 9,556,611 9,201,456 8,433,943 8,922,584 11,967,645 10,187,472 5,599,211 3,684,921
Accumulation FCF (22,031,192) (44,197,753) (38,438,283) (28,493,012) (18,936,400) (9,734,944) (1,301,002) 7,621,582 19,589,228 29,776,700 35,375,911 39,060,832
1 2 3 4 13.9
Year Month
Payback Period (years) 4 13.9
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Construction Period Operational Period
Free Cash Flow (FCF) (22,031,192) (22,166,561) 5,759,471 9,945,271 9,556,611 9,201,456 8,433,943 8,922,584 11,967,645 10,187,472 5,599,211 3,684,921
- - 1 2 3 4 5 6 7 8 9 10
Discount Rate 7.5% 1.0000 1.0000 0.9302 0.8653 0.8050 0.7488 0.6966 0.6480 0.6028 0.5607 0.5216 0.4852
PV of FCF (22,031,192) (22,166,561) 5,357,647 8,605,967 7,692,695 6,890,055 5,874,736 5,781,491 7,213,557 5,712,138 2,920,456 1,787,901
I Project Manager 1 V 27,000,000 4,050,000 5,400,000 362,500 800,000 4,500,000 2,000,000 600,000 133,333 1,539,000 469,800 81,000 46,935,633 46,935,633 27,000,000 27,000,000 54,000,000 3,911,303
Planner 1 IV 10,000,000 1,500,000 2,000,000 362,500 800,000 1,666,667 2,000,000 300,000 133,333 570,000 174,000 30,000 19,536,500 19,536,500 10,000,000 10,000,000 20,000,000 1,628,042
Site Administrasi 1 I 1,500,000 225,000 - - 375,000 250,000 - 50,000 - 85,500 26,100 4,500 2,516,100 2,516,100 1,500,000 1,500,000 3,000,000 209,675
HR & GA Supervisor 1 III 6,000,000 900,000 1,200,000 - 625,000 1,000,000 - 150,000 - 342,000 104,400 18,000 10,339,400 10,339,400 6,000,000 6,000,000 12,000,000 861,617
Finance Coordinator 1 III 6,000,000 900,000 1,200,000 - 625,000 1,000,000 - 150,000 - 342,000 104,400 18,000 10,339,400 10,339,400 6,000,000 6,000,000 12,000,000 861,617
- -
II Maintenance Superitendent 1 IV 10,000,000 1,500,000 2,000,000 362,500 800,000 1,666,667 1,500,000 300,000 133,333 570,000 174,000 30,000 19,036,500 19,036,500 10,000,000 10,000,000 20,000,000 1,586,375
Maintenance Supervisor 2 III 6,000,000 900,000 1,200,000 - 625,000 1,000,000 - 150,000 - 342,000 104,400 18,000 10,339,400 20,678,800 6,000,000 12,000,000 24,000,000 1,723,233
Electrical Foreman 2 II 4,500,000 675,000 900,000 - 500,000 750,000 - 100,000 - 256,500 78,300 13,500 7,773,300 15,546,600 4,500,000 9,000,000 18,000,000 1,295,550
Electricians 3 I 2,500,000 375,000 500,000 - 375,000 416,667 - 50,000 - 142,500 43,500 7,500 4,410,167 13,230,500 2,500,000 7,500,000 15,000,000 1,102,542
Mechanical Foreman 2 II 4,500,000 675,000 900,000 - 500,000 750,000 - 100,000 - 256,500 78,300 13,500 7,773,300 15,546,600 4,500,000 9,000,000 18,000,000 1,295,550
Mechanics 6 I 3,500,000 525,000 700,000 - 375,000 583,333 - 50,000 - 199,500 60,900 10,500 6,004,233 36,025,400 3,500,000 21,000,000 42,000,000 3,002,117
Warehouse 2 III 3,500,000 525,000 700,000 - 375,000 583,333 - 150,000 - 199,500 60,900 10,500 6,104,233 12,208,467 3,500,000 7,000,000 14,000,000 1,017,372
Procurement 1 III 3,500,000 525,000 700,000 - 375,000 583,333 - 150,000 - 199,500 60,900 10,500 6,104,233 6,104,233 3,500,000 3,500,000 7,000,000 508,686
Maintenance Admin Officer 1 I 2,000,000 300,000 - - 375,000 333,333 - 50,000 - 114,000 34,800 6,000 3,213,133 3,213,133 2,000,000 2,000,000 4,000,000 267,761
- -
III Security 4 I 1,500,000 225,000 - - 375,000 250,000 - 50,000 - 85,500 26,100 4,500 2,516,100 10,064,400 1,500,000 6,000,000 12,000,000 838,700
SHE Supervisor 1 III 6,000,000 900,000 1,200,000 - 625,000 1,000,000 - 150,000 - 342,000 104,400 18,000 10,339,400 10,339,400 6,000,000 6,000,000 12,000,000 861,617
Safety man 3 III 3,500,000 525,000 - - - 583,333 150,000 - 199,500 60,900 10,500 5,029,233 15,087,700 3,500,000 10,500,000 21,000,000 1,257,308
- -
IV Crushing and BLC Supervisor 1 III 6,000,000 900,000 1,200,000 - 625,000 1,000,000 - 150,000 - 342,000 104,400 18,000 10,339,400 10,339,400 6,000,000 6,000,000 12,000,000 861,617
Foreman BLC 2 II 4,500,000 675,000 900,000 - 500,000 750,000 - 100,000 - 256,500 78,300 13,500 7,773,300 15,546,600 4,500,000 9,000,000 18,000,000 1,295,550
Mechanic BLC 2 I 3,500,000 525,000 700,000 - 375,000 583,333 - 50,000 - 199,500 60,900 10,500 6,004,233 12,008,467 3,500,000 7,000,000 14,000,000 1,000,706
Helper 4 I 1,500,000 225,000 - - - 250,000 - 50,000 - 85,500 26,100 4,500 2,141,100 8,564,400 1,500,000 6,000,000 12,000,000 713,700
- -
V Operator Heavy Equipment - -
Bulldozer D85 ESS 3 II 3,000,000 450,000 600,000 - 375,000 500,000 - 100,000 - 171,000 52,200 9,000 5,257,200 15,771,600 3,000,000 9,000,000 18,000,000 1,314,300
Excavator PC-200 3 II 3,000,000 450,000 600,000 - 375,000 500,000 - 100,000 - 171,000 52,200 9,000 5,257,200 15,771,600 3,000,000 9,000,000 18,000,000 1,314,300
Wheel Loader WA500-3 3 II 3,000,000 450,000 600,000 - 375,000 500,000 - 100,000 - 171,000 52,200 9,000 5,257,200 15,771,600 3,000,000 9,000,000 18,000,000 1,314,300
Bulldozer D155A 3 II 3,000,000 450,000 600,000 - 375,000 500,000 - 100,000 - 171,000 52,200 9,000 5,257,200 15,771,600 3,000,000 9,000,000 18,000,000 1,314,300
Dump Truck CLA 26.280 3 II 3,000,000 450,000 600,000 - 375,000 500,000 - 100,000 - 171,000 52,200 9,000 5,257,200 15,771,600 3,000,000 9,000,000 18,000,000 1,314,300
Water Truck CLA 26.280 3 II 3,000,000 450,000 600,000 - 375,000 500,000 - 100,000 - 171,000 52,200 9,000 5,257,200 15,771,600 3,000,000 9,000,000 18,000,000 1,314,300
Total 60 135,000,000 20,250,000 25,000,000 1,087,500 12,275,000 22,500,000 5,500,000 3,650,000 400,000 7,695,000 2,349,000 405,000 236,111,500 407,837,233 135,000,000 236,000,000 472,000,000 33,986,436
407,837,233
Exchange rate 9,500 9,200 9,200
Monthly Labor Cost USD 52,718.28 10,544 14,674 51,304
Avg. Production / month mt 596,667
Accessories -
Belt Plough (V-plough) Acc 7,000 2 3,000.00 1 4 6,000 30,000.00
Primary Belt Cleaner Acc 7,000 1 4,000.00 1 4 4,000 20,000.00
Secondary Belt Cleaner Acc 7,000 1 3,800.00 1 4 3,800 19,000.00
Skirt and Shedder Plate Acc 7,000 1 3,600.00 1 4 3,600 18,000.00
SUB TOTAL 2 660,550.00
Transfer Conveyor CV-121B -
Conveyor Belt, PN 630/3 1200 BW, 6 + 3 belt thicknesBelt Coveyor 40,000 292 205.00 0 1 59,860.00
Idler -
Retractable impact idler (3 rolls - 127mm dia. 45 deg Idler 7,000 7 520.00 1 4 3,640 18,200.00
Retractable trough idler (3 rolls - 127mm dia. 45 deg t Idler 7,000 6 475.00 1 4 2,850 14,250.00
Trough idler (3 rolls - 127mm dia. 45 deg troughing angIdler 7,000 79 454.00 1 4 35,866 179,330.00
Trough transition idler (3 rolls - 127mm dia. 45 deg tr Idler 7,000 4 750.00 1 4 3,000 15,000.00
Trough training idler (3 rolls - 127mm dia. 45 deg trou Idler 7,000 3 700.00 1 4 2,100 10,500.00
High tension idler (250mm dia.) Idler 7,000 1 3,000.00 1 4 3,000 15,000.00
Flat return idler, dia 127 mm Idler 7,000 44 175.00 1 4 7,700 38,500.00
Flat training idler, dia 127 mm Idler 7,000 3 175.00 1 4 525 2,625.00
Pulleys
Drive Pulley (630mm dia + 12mm Ceramic Lagging) C/Pulley 40,000 1 23,285.00 0 1 23,285.00
Bend pulley (500mm dia + 12mm rubber lagging) C/WPulley 40,000 2 14,000.00 0 1 28,000.00
Takeup Pulley (500mm dia + 12mm rubber lagging) C/W Pulley 40,000 1 14,000.00 0 1 14,000.00
Tail Pulley (500mm dia + 12mm rubber lagging ) C/W bPulley 40,000 1 14,000.00 0 1 14,000.00
Drive assembly (c/w drive base & torque arm mounting)
Drive Motor (110 kW) Drive 40,000 1 40,000.00 0 1 40,000.00
Fluid Coupling (FND 490) Drive 40,000 1 10,000.00 0 1 10,000.00
Gearbox (B2SH07 with 14:1 ratio C/W backstop) Drive 40,000 1 85,000.00 0 1 85,000.00
Low Speed Coupling Drive 40,000 1 6,000.00 0 1 6,000.00
Accessories
Belt Plough (V-plough) Acc 7,000 2 3,000.00 1 4 6,000 30,000.00
Primary Belt Cleaner Acc 7,000 1 4,000.00 1 4 4,000 20,000.00
Secondary Belt Cleaner Acc 7,000 1 3,800.00 1 4 3,800 19,000.00
Skirt and Shedder Plate Acc 7,000 1 3,600.00 1 4 3,600 18,000.00
SUB TOTAL 3 660,550.00
Stacking Conveyor CV-122 -
Conveyor Belt, PN 630/4 1200 BW, 6 + 3 belt thicknesBelt Conveyor 40,000 635 205.00 0 1 130,175.00
Idlers -
Retractable impact idler (3 rolls - 127mm dia. 45 deg Idler 7,000 8 520.00 1 4 4,160.00 20,800.00
Retractable trough idler (3 rolls - 127mm dia. 45 deg t Idler 7,000 8 475.00 1 4 3,800.00 19,000.00
Trough idler (3 rolls - 127mm dia. 45 deg troughing angIdler 7,000 167 454.00 1 4 75,818.00 379,090.00
Trough transition idler (3 rolls - 127mm dia. 45 deg tr Idler 7,000 4 750.00 1 4 3,000.00 15,000.00
Trough training idler (3 rolls - 127mm dia. 45 deg trou Idler 7,000 4 700.00 1 4 2,800.00 14,000.00
Suspended trough idler (3 rolls - 127mm dia. 45 deg t Idler 7,000 21 500.00 1 4 10,500.00 52,500.00
Vee return idler (2 rolls - 127mm dia. 10 deg) Idler 7,000 87 400.00 1 4 34,800.00 174,000.00
Vee training idler (2 rolls - 127mm dia. 10 deg) Idler 7,000 12 450.00 1 4 5,400.00 27,000.00
Pulleys -
Tripper Head Pulley (630mm + 12mm rubber lagging) C Pulley 40,000 1 21,750.00 0 1 21,750.00
Tripper Bend Pulley (630mm + 12mm rubber lagging) C Pulley 40,000 1 21,750.00 0 1 21,750.00
Head Pulley (630mm + 12mm rubber lagging) C/W bear Pulley 40,000 1 21,750.00 0 1 21,750.00
HT Bend Pulley (630mm + 12 mm rubber lagging) C/WPulley 40,000 1 21,750.00 0 1 21,750.00
Drive Pulley (630mm + 12mm ceramic lagging) C/W bePulley 40,000 1 29,780.00 0 1 29,780.00
Bend Pulley (500mm + 12mm rubber lagging) C/W bear Pulley 40,000 4 14,000.00 0 1 56,000.00
Tail Pulley (500mm + 12mm rubber lagging) C/W beariPulley 40,000 1 14,000.00 0 1 14,000.00
Take-up Pulley (500mm + 12mm rubber lagging) C/W be Pulley 40,000 1 14,000.00 0 1 14,000.00
Drive assembly (c/w drive base & torque arm mounting) -
Drive Motor (200 kW) Drive 40,000 1 50,000.00 0 1 50,000.00
Fluid Coupling (FND 565) Drive 40,000 1 25,000.00 0 1 25,000.00
Gearbox (B2SH10 with 14:1 ratio C/W backstop) Drive 40,000 1 75,000.00 0 1 75,000.00
Low Speed Coupling Drive 40,000 1 15,000.00 0 1 15,000.00
-
Accessories -
Belt Plough (V-plough) Acc 7,000 2 3,000.00 1 4 6,000.00 30,000.00
Primary Belt Cleaner Acc 7,000 2 4,000.00 1 4 8,000.00 40,000.00
Secondary Belt Cleaner Acc 7,000 1 3,800.00 1 4 3,800.00 19,000.00
Skirt and Shedder Plate Acc 7,000 1 3,600.00 1 4 3,600.00 18,000.00
Tripper Accessories -
Drive Boggie Wheel c/w Electric motor & gearbox Acc 40,000 2 11,700.00 0 1 23,400.00
Non-drive Boggie Wheel Acc 40,000 6 7,100.00 0 1 42,600.00
Stop Damper Device Acc 40,000 2 14,800.00 0 1 29,600.00
Cable Reeler Unit c/w motor, electrical devices, etc. Acc 40,000 1 45,000.00 0 1 45,000.00
Cable guide c/w supports, etc. Acc 40,000 1 7,130.00 0 1 7,130.00
SUB TOTAL 4 1,452,075.00
Reclaim Conveyor CV-123 (including tunnel)
Conveyor Belt, ST 1000 1200 BW, 8 + 5 belt thicknessBelt Conveyor 40,000 810 275.00 0 1 222,750.00
Idlers
Retractable impact idler (3 rolls - 152mm dia. 45 deg tIdler 7,000 42 720.00 1 4 30,240.00 151,200.00
Retractable trough idler (3 rolls - 152mm dia. 45 deg t Idler 7,000 23 650.00 1 4 14,950.00 74,750.00
Trough idler (3 rolls - 152mm dia. 45 deg trough angle)Idler 7,000 251 580.00 1 4 145,580.00 727,900.00
Trough transition idler (3 rolls - 152mm dia. 45 deg tro Idler 7,000 4 620.00 1 4 2,480.00 12,400.00
Trough training idler (3 rolls - 152mm dia. 45 deg trou Idler 7,000 6 620.00 1 4 3,720.00 18,600.00
High tension idler ( 250mm dia.) Idler 7,000 1 5,000.00 1 4 5,000.00 25,000.00
Vee return idler (2 rolls - 152mm dia. 10 deg) Idler 7,000 118 460.00 1 4 54,280.00 271,400.00
Vee return training idler (2 rolls - 152mm dia. 10 deg) Idler 7,000 6 520.00 1 4 3,120.00 15,600.00
Flat return idler (152mm dia.) Idler 7,000 5 440.00 1 4 2,200.00 11,000.00
Pulleys
Head Pulley (800mm + 12mm rubber lagging) C/W bear Pulley 40,000 1 21,754.00 0 1 21,754.00
High Tension Bend Pulley (630mm + 12mm rubber laggi Pulley 40,000 1 21,754.00 0 1 21,754.00
Drive Pulley (800mm + 12mm ceramic lagging) C/W bePulley 40,000 1 29,782.00 0 1 29,782.00
Bend Pulley (630mm + 12mm rubber lagging0 C/W bear Pulley 40,000 2 16,000.00 0 1 32,000.00
Tail Pulley (630mm + 12mm rubber lagging) C/W beariPulley 40,000 1 16,000.00 0 1 16,000.00
Take-up Pulley (630mm + 12mm rubber lagging) C/W be Pulley 40,000 1 16,000.00 0 1 16,000.00
Drive assembly (c/w drive base & torque arm mounting) -
Drive Motor (2 x 315 kW) Drive 40,000 2 86,264.00 0 1 172,528.00
Fluid Coupling (FND 655) Drive 40,000 2 30,000.00 0 1 60,000.00
Gearbox (B2SH12 with 12.5:1 ratio C/W backstop) Drive 40,000 2 90,000.00 0 1 180,000.00
Low Speed Coupling Drive 40,000 2 18,000.00 0 1 36,000.00
-
Accessories -
Belt Plough (V-plough) 7,000.00 2 1,700.00 1 4 3,400.00 17,000.00
Primary Belt Cleaner 7,000.00 2 4,000.00 1 4 8,000.00 40,000.00
Secondary Belt Cleaner 7,000.00 1 3,800.00 1 4 3,800.00 19,000.00
Skirt and Shedder Plate 7,000.00 1 3,600.00 1 4 3,600.00 18,000.00
Guard 7,000.00 1 4,000.00 1 4 4,000.00 20,000.00
Take-up Frame & Counterweight mass 7,000.00 1 20,000.00 1 4 20,000.00 100,000.00
Counterweight (Concrete) 7,000.00 1 18,000.00 1 4 18,000.00 90,000.00
SUB TOTAL 5 2,420,418.00
13,583,521.70
339.59
13,583,522
40,000
340
1500
R & M rate 0.2264
ELECTRICITY COST
(In USD)
Kapasitas Genset :
1000 Kva x 3 unit
500 Kva x 1 unit
Electricity Cost
(Harga per-KWh PLN IDR)
Rate USD =
500 2 44.05 1 79
500 2 33.84 1 79
1,000 1 69.20 1 39
1,000 2 168.32 1 39
500 1 5.52 1 79
500 26.30 2.18 1 79
1,000 0.75 1.92 1 39
500 3.0 3.05 1 79
6,000 12 1,304.35 1 5
6,000 2 2,173.91 1 5
6,000 2 326.09 1 5
12,000 2 8,695.65 1 2
6,000 1 869.57 1 5
6,000 1 760.87 1 5
12,000 1 1,086.96 1 2
500 1 33.04 1 79
500 1 25.38 1 79
1,000 1 51.90 1 39
1,000 1 126.24 1 39
500 1 4.14 1 79
500 26.30 2.18 1 79
1,000 0.75 1.92 1 39
500 3.0 3.05 1 79
6,000 6 326.09 1 5
6,000 1 760.87 1 5
6,000 1 652.17 1 5
12,000 1 1,304.35 1 2
6,000 1 434.78 1 5
6,000 1 380.43 1 5
12,000 1 652.17 1 2
3,500,000
FREQUENCY REPLA
1 2 3 4 5 6 7 8
869.57
760.87
434.78
380.43
TOTAL COST FOR
8.00
10000
10,000.00
HOURS
88.10 7,048.32
67.68 5,414.40
69.20 2,768.16
336.65 13,465.92
4.60 441.60
57.33 4,586.72
1.44 57.60
9.15 732.00
93,913.04
26,086.96
3,913.04
52,173.91
5,217.39
4,565.22
3,260.87
44.05 2,643.12
33.84 2,030.40
69.20 2,076.12
39.00 5,049.72
4.60 331.20
57.33 4,586.72
1.44 57.60
9.15 732.00
11,739.13
4,565.22
3,913.04
3,913.04
2,608.70
2,282.61
1,956.52