TNAG-2962-FCO40-4241-Future-of-Hong-Kong-British-Consulate-General-building-incl-1993 — Page 42

HK$11.5=£1

PROJECT:: HONG KONG

.OPTION A: RENT

Affendix B

BASE YR: 1993

TDR: 6.00(%)

START

END

REF

ITEM

YEAR YEAR PERIOD

AMOUNT

DF

£

NPV

COST

£

1

RENT/OFFICES/14500M2 1995 2047

2

54

4,070,000 14.58

59323011

2

RENT/41CARSPACES

1995 2047

2

G

54

125,000 14.58

1821960

3

FIT OUT CONSULTS FEE 1994

1

260,000 .92

238240

4

FIT OUT CONSULTS FEE 1995

2

5O

FIT OUT WORKS

1995

2

360,000

4,840,000 .86

.86

311199

4183894

6

FIT OUT CONSULTS FEE 1996

3

30,000

.82

24465

7.8

FIT OUT WORKS

1996

3

1,120,000

.82

913372

OFF/FURNITURE

1996

3

800,000

.82

652408

9

OFF SERVICE CHARGE

1995 2047

2

B

54

270,000 14.58

3935433

10

OFF UTILITIES

1996 2047

3

54

28,000 13.71

383915

11

RENT 7 FLATS

1996 2047 3

54

210,000 13.32

2796682

12

RES S.CH /UTILITIES

1996 2047 3

54

22,000 13.71

301647

13

FLATS/FURNITURE

1996

3

14

OFFICE REFURB

2026

33

100,000 .79

3,000,000 .14

79209

413735

NPV This Option:

75379170

L