TNAG-2960-FCO40-4239-Future-of-Hong-Kong-British-Consulate-General-building-incl-1993 — Page 22

OVERSEAS ESTATES DEPARTMENT: DCF CALCULATION

PROJECT:HONG KONG CONSULATE-GENERAL

Afferden A

BASE YR:

1993

OPTION B: BUILD

TDR:

ROE:

6.00(%)

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

115.000 170,000 1.00

1.00

115000

170000

Consultants Fees

1994

Building Costs

1994

Consultants Fees

1995

Building Costs

1995

Consultants Fees

1996

Building Costs

1996

-ANNMM

65,000

.94

61321

1

1,020,000

.94

962264

30,000 860,000

.99

**

26700

.99

#

765397

5,000 50,000

.84

-

4199

84

41991

OFFICES

Consultants Faes

1993

Building Costs

1993

Consultants Fees

1994

Building Costs

1994

Consultants Fees

1995

Building Costs

1995

Consultants Fe

10

Building Costs

Furnishing

Utilities

Air conditioning

1996

1996

1996

1996 2047

1996 2047

WWNN PPOO

1,165,000

1.00

1165000

1,830,000

1.00

1830000

1

685,000

94

#

646226

1

10,480,000

94

મ

B

9886792

320,000

8,840,000

99

284799

1

89

7867569

65,000

94

#

54575

450,000

84

377829

CP Security etc.

1996 2047

Maintenance

1996 2026

Refurbishment

Maintenance

2026

33

2029 2047 36

MMMMMM O

1,000,000

.94

939619

54

260,000 14.12

3670312

54

29,000 14.12

395264

54

150,000 14.13

2117487

30,000 12.40 5,000,000

371905

.15

730931

54

30,000 1.45

43552

NPV This Option:

34260942