TNAG-2962-FCO40-4241-Future-of-Hong-Kong-British-Consulate-General-building-incl-1993 — Page 80

OVL SEAS ESTATES DEPARTMENT: DCF CALCULATION

PROJECT:HONG KONG

BASE YR: 1993

OPTION:BUILD

TDR: £6.00(%)

START END

REF

ITEM

YEAR YEAR PERIOD

AMOUNT

DF

NPV COST

£

£

123456

BUILD COSTS

1992

-1

0 £1.06

0

DITTO

1993

0

DITTO

1994

1

1,100,000 £1.00 12,050,000 £.94

1100000

11367925

DITTO

1995

2

10,700,000

£.89

9522962

DITTO

1996

3

650,000

£.84

545753

CON FEES

1992

-1

550,000 £1.06

583000

7

DITTO

1993

0

1,000,000 £1.00

1000000

8

DITTO

1994

1

800,000 £.94

754717

9

DITTO

1995

2

600,000 £.89

533998

10

DITTO

1996

3

100,000 £.84

83962

11

A/C

1996 2047 3

54

260,000

3670312

12

UTILITIES

1996 2047 3

-

54

28,000

395264

13

SECURITY ETC

14

15

MAINTENANCE

REFURB

1996 2047 3 1996 2047 3 2026

33

54

150,000

2117487

54

30,000 5,000,000

£.15

423497 730931

NPV This Option:

32829,808