SEAS ESTATES DEPARTMENT: DCF CALCULATION

PROJECT:HONG KONG CONSULATE-GENERAL

OPTION B: BUILD

Afferden A

BASE YR:

1993

6.00(%)

TDR: ROE: HK$11.75=1

START END

NPV

REF

ITEM

YEAR YEAR PERIOD

AMOUNT

DF

COST

Ground Rent

1997 2047 4

54

138.000 13.29

1832221

RESIDENTIAL

Consultants Fees

1993

Building Costs

1993

Consultants Fees

1994

Building Costs

1994

Consultants Fees

1995

Building Costs

1995

Consultants Fees

1996

Building Costs

1996

OOHHNNM N

115,000

1.00

115000

170,000

1.00

170000

65,000

94

1

1,020,000

1

61321 962264

30,000

H

26700

860.000

99

#

765397

སྐ

5,000

84

4198

50,000

34

41991

OFFICES

Consultants Fees

1993

Building Costs

1993

Consultants Fees

1994

Building Costs

1994

Consultants Fees

1995

Building Costs

1995

Consultants Fees

1996

Building Costs

1996

OOHHNNNM

0

1,165,000 1,830,000

1.00

1165000

1.00

1230000

1

695,000 10,480,000

320,000

8,840,000

65,000 450,000 .84

94

*

646226

94

X

9886792

.89

284799

89

7867569

94

9

54575

377829

Furnishing

1996

1,000,000 .94

839619

Air conditioning

1996 2047

-

54

260,000 14.12

3670312

Utilities

1996 2047

54

28,000 14.12

395264

CP Security etc.

1996 2047

54

150,000 14.12

2117487

Maintenance

1996 2026

33

30,000 12.40

371905

Refurbishment

Maintenance

2026

33

5,000,000

- 15

730931

2029 2047 36

54

30.000

1.45

43552

NPV This Option:

34260942

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