JUN 11 '87 11:03 IMF WASH DC RAPICOM6300 477-7491
CHINA INVESTMENT COMPANY Projected Balance Sheets At Year End December 31,
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
Cash
20,250
Short Term Investments
Project Investments
Net Project Investments Other Aaaets
TOTAL ASSETS
-0 12,203 8,000
0
0
0
D
4.640 16,000 24,000
(1
0
32.000 40,000 40.000 56,000 64,000 72.000 80,00D
lass: Reserve for Lossen
Q
20,250
8.000 100 20,300
16,000 100 20.740
24,000 100 24,100
32,000 40,000
100
100 32,100 40,100
48.
48,000 100 100
56,000 64,000
100
100 56,100 64,100
72.000 100 72.100
80.000
100
80.100
External Borrowings
Loan Hotes &Interest Rate of
0.00% 20,000
10.861
2.159 18,610 14,309
18.317
8.167 13,406 13,556
17,838 21.L19 9,900 6,569
24,107 267
32,364 40,364
Other Liabilities
TOTAL LIABILITIES
Share Capital
20,000 250
10,861
200
Retained Burninga
A
274
19.510 250 If
НЕТ НОКТИ
250
628
TOTAL LIABILITIKS & EQUITY
X Project Investments to Total áfacets
20,250
20,389
1.230 20,740
20.468 260 3,382 3,432 24,100
24,414 750
28.
103 20
7.344 7,616 32,100
12.007
26,108 250 20,182
39,480
13,187
39,736
+
27.826 200 24,076 70.276 20.112 48,100 66,100 84,100 72,100 KU,INU
24,364
264
32.364 760
40,364
249
34, 400
30.
4M1
34,736
39,738
1. 4
77.16% 09.LUX_VU.BAX UN, TEX
DO. TOX
OD.AZE DU,HAX DA,NER AV, AIX
CHINA INVESTMENT COMPANY
Projected Cashflows
FT Lading December 31
Het Profit
Dividends
Share Capital
Long Term Debt
-15-
1047
1900
276
1000 1999
1901
702 2,402 3,984
1992
5.521
1993
1994
1995
1996
1997
250 20,000
7.138 8,037 10,624 12.176 13,464
0 (12,176){13,464)
0
0
(139)
0 (351) (1,201) (1,992) (2,761) (3,569) (4,419) (5,3J12)
2.160 6,000
(257) 5,238 (12,289)
4.431 7,649
3.501 4.840
2.688 8,257 0 (8,000) (8,080) (8,000) (0,000) (8,000) (8,000) (8,000) (8,000) (8,000) (8,000)
0 (100)
ទ
8,000 0
20,250 (20.250] 20,250
(0)
Increase (Decrease)External Debt
(Increase) Decrease 8$.T.Investanuta
(Increase) Decrease Net Project Investments
(Increase) Decrease Other Aanets
Other Liabilities
MET CASHFLON
Inging Cash Available
Internal Rate of Return Rate of Return to IFC
19.23% 18.66%
Annex !
Page 3 of 3
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