CONFIDENTIAL
3
Annex C.2
(Cont'd)
Inflation
3.
Inflation is taken at 6% per annum throughout the period.
Finance costs
4.
One hundred per cent loan financing is assumed with interest
set at 8.5% per annum on the outstanding balance annually.
Capital cost cashflow
5.
At 1986 prices construction costs are assumed to have the
following profiles
-
Two tubes together
Phased
construction
Remarks
($: million)
($ million)
1986
50.0
40.0
1987
120.0
100.0
1988
140.0
120.0
1989
120.0
90.0
1990
60.0
20.0
1st tube or both tubes in operation mid-1990
1991
10.0
5.0
1992
25.0
1993
55.0
1994
65.0
1995
20.0
2nd tube in operation
mid-1995
1996
5.0
Total
500.0
545.0
No comments yet.
Private notes are available after approval.