Discl

DISCLAIMER
This financial model has been prepared by Ernst & Young Transaction Advisory Services Limited ("EYTAS"), and is provided on
the express understanding that:
The model has not been audited.
No representation, warranty or undertaking (express or implied) is made and no responsibility is taken or accepted by Ernst &
Young or EYTAS (and their directors, officers, partners, employees, agents or advisors) as to the adequacy, accuracy,
completeness or reasonableness of the model or its projections. This includes the computations contained therein and the
assumptions upon which such computations are based.

Accordingly, recipients use this model entirely at their own risk and are responsible for performing their own due diligence
procedures. In the absence of express written consent, no responsibility is taken or accepted by the above parties for any losses
which may result therefrom, including direct or indirect consequences of computer viruses.
The recipient will treat the information contained in the model as strictly confidential.
This model has been developed for Department of Primary Industry and is not to be used for any other purpose or distributed to
any other party without EYTASs written consent.

68987990.xls.ms_office (4/16/2012; 10:05 PM)

Page 1

Input

PF Modelling Course
Inputs
All checks are OK

Select case number

Case in use

1
BASE

1
BASE

2
DOWNSIDE

01 Jul 2008
01 Jul 2008

01 Jul 2008
01 Jul 2008

01 Jul 2008
1
12
24
30 Jun 2010

01 Jul 2008
1
12
24
30 Jun 2010

01 Jul 2010
3
4
28
112
30 Jun 2038

01 Jul 2010
3
4
28
112
30 Jun 2038

1
2

1
2

2,000
140,000
-

2,000
140,000
2.50%

6
5.00%
1.00%
6.00%
4.50%
90.00%

6
5.50%
1.00%
6.50%
4.50%
90.00%

0.0010

0.0010

Key Colour Coding

TIMING
Model Start Date
Financial Close

date
date

01 Jul 2008
01 Jul 2008

Construction start date

Construction period length
Construction periods per annum
Construction phase length
Construction end date

date
months
number
months
date

01 Jul 2008
1
12
24
30 Jun 2010

Construction start date = model start date

This cannot be changed
Calculated

Operations phase start date

Operations period length
Operations periods per annum
Operations phase length
Operations phase length
Operations phase end

date
months
number
years
quarters
date

01 Jul 2010
3
4
28
112
30 Jun 2038

Calculated
This cannot be changed
Calculated

Construction cash flows arise (for interest)

Operating cash flows arise (for interest)

select
select

1
2

Financial close date = model start date

Calculated

Calculated
Calculated
1=Start, 2=mid, 3=end
1=Start, 2=mid, 3=end

CAPITAL EXPENDITURE
Upfront Costs
Total capital expenditure
Capital expenditure sensitivity

$000s
$000s
% change

2,000
140,000
-

Tail
Reference Interest Rate
Margin
Interest rate on debt
Interest rate on cash account
Gearing (Debt / Debt+Equity)

quarters
% per annum
% per annum
% per annum
% per annum
%

6
5.00%
1.00%
6.00%
4.50%
90.00%

In nominal terms (see InputTDI Cons for timing)

0% or blank means no change

FINANCING

Calculated

TOLERANCE
Error check level

68987990.xls.ms_office (4/16/2012; 10:05 PM)

tolerance

0.0010

Checks are OK if within tolerance

Page 2

TDI_Cons

PF Modelling Course
Time Dependent Inputs: Construction Phase
All checks are OK
units

total

30 Sep 2008

31 Dec 2008

31 Mar 2009

30 Jun 2009

30 Sep 2009

31 Dec 2009

31 Mar 2010

30 Jun 2010

30 Sep 2010

31 Dec 2010

31 Mar 2011

30 Jun 2011

30 Sep 2011

31 Dec 2011

31 Mar 2012

30 Jun 2012

30 Sep 2012

31 Dec 2012

31 Mar 2013

30 Jun 2013

30 Sep 2013

31 Dec 2013

31 Mar 2014

30 Jun 2014

30 Sep 2014

31 Dec 2014

31 Mar 2015

30 Jun 2015

30 Sep 2015

31 Dec 2015

31 Mar 2016

30 Jun 2016

30 Sep 2016

31 Dec 2016

31 Mar 2017

30 Jun 2017

01 Jul 2008
1
01 Jul 2008
30 Sep 2008

2
01 Oct 2008
31 Dec 2008

3
01 Jan 2009
31 Mar 2009

4
01 Apr 2009
30 Jun 2009

5
01 Sep 2009
30 Sep 2009

6
01 Dec 2009
31 Dec 2009

7
01 Mar 2010
31 Mar 2010

8
01 Jun 2010
30 Jun 2010

9
01 Sep 2010
30 Sep 2010

10
01 Dec 2010
31 Dec 2010

11
01 Mar 2011
31 Mar 2011

12
01 Jun 2011
30 Jun 2011

13
01 Sep 2011
30 Sep 2011

14
01 Dec 2011
31 Dec 2011

15
01 Mar 2012
31 Mar 2012

16
01 Jun 2012
30 Jun 2012

17
01 Sep 2012
30 Sep 2012

18
01 Dec 2012
31 Dec 2012

19
01 Mar 2013
31 Mar 2013

20
01 Jun 2013
30 Jun 2013

21
01 Sep 2013
30 Sep 2013

22
01 Dec 2013
31 Dec 2013

23
01 Mar 2014
31 Mar 2014

24
01 Jun 2014
30 Jun 2014

25
01 Sep 2014
30 Sep 2014

26
01 Dec 2014
31 Dec 2014

27
01 Mar 2015
31 Mar 2015

28
01 Jun 2015
30 Jun 2015

29
01 Sep 2015
30 Sep 2015

30
01 Dec 2015
31 Dec 2015

31
01 Mar 2016
31 Mar 2016

32
01 Jun 2016
30 Jun 2016

33
01 Sep 2016
30 Sep 2016

34
01 Dec 2016
31 Dec 2016

35
01 Mar 2017
31 Mar 2017

36
01 Jun 2017
30 Jun 2017

PROJECT TIMELINE AND COLUMN HEADINGS

Model Start Date
Construction start date
Construction period length
Construction end date
Operations period length

date
date
months
date
months

01 Jul 2008
01 Jul 2008
3
30 Jun 2010
3

Period number
Period start date
Period end date

units

total

Construction period
Final construction period
Quarter number

flag
flag
number

FLAGS
8
-

CAPITAL EXPENDITURE
$000s

140,000

Construction phase cost payment schedule %

Construction phase costs
$000s

Total capital expenditure

100.00%
140,000

68987990.xls.ms_office (4/16/2012; 10:05 PM)

1.84%
2,572

2.23%
3,117

2.26%
3,164

2.66%
3,730

3.17%
4,431

3.51%
4,911

3.44%
4,820

3.89%
5,442

4.59%
6,433

5.80%
8,115

5.38%
7,526

4.57%
6,396

3.01%
4,208

6.23%
8,727

6.65%
9,309

6.24%
8,735

6.27%
8,771

5.80%
8,119

5.87%
8,219

4.68%
6,548

3.99%
5,593

3.48%
4,870

2.55%
3,572

1.91%
2,673

Page 3

TDI_Ops

PF Modelling Course
Time Dependent Inputs: Operations Phase
All checks are OK
units

total

30 Sep 2008

31 Dec 2008

31 Mar 2009

30 Jun 2009

30 Sep 2009

31 Dec 2009

31 Mar 2010

30 Jun 2010

30 Sep 2010

31 Dec 2010

31 Mar 2011

30 Jun 2011

30 Sep 2011

31 Dec 2011

31 Mar 2012

30 Jun 2012

30 Sep 2012

31 Dec 2012

31 Mar 2013

30 Jun 2013

30 Sep 2013

31 Dec 2013

31 Mar 2014

30 Jun 2014

30 Sep 2014

31 Dec 2014

31 Mar 2015

30 Jun 2015

30 Sep 2015

31 Dec 2015

31 Mar 2016

30 Jun 2016

30 Sep 2016

31 Dec 2016

31 Mar 2017

30 Jun 2017

30 Sep 2017

31 Dec 2017

31 Mar 2018

30 Jun 2018

30 Sep 2018

31 Dec 2018

31 Mar 2019

30 Jun 2019

30 Sep 2019

31 Dec 2019

31 Mar 2020

30 Jun 2020

30 Sep 2020

31 Dec 2020

31 Mar 2021

30 Jun 2021

30 Sep 2021

31 Dec 2021

31 Mar 2022

30 Jun 2022

30 Sep 2022

31 Dec 2022

31 Mar 2023

30 Jun 2023

30 Sep 2023

31 Dec 2023

31 Mar 2024

30 Jun 2024

30 Sep 2024

31 Dec 2024

31 Mar 2025

30 Jun 2025

30 Sep 2025

31 Dec 2025

31 Mar 2026

30 Jun 2026

30 Sep 2026

31 Dec 2026

31 Mar 2027

30 Jun 2027

30 Sep 2027

31 Dec 2027

31 Mar 2028

30 Jun 2028

30 Sep 2028

31 Dec 2028

31 Mar 2029

1
1
01 Jul 2008
30 Sep 2008

2
1
01 Oct 2008
31 Dec 2008

3
1
01 Jan 2009
31 Mar 2009

4
1
01 Apr 2009
30 Jun 2009

5
2
01 Jul 2009
30 Sep 2009

6
2
01 Oct 2009
31 Dec 2009

7
2
01 Jan 2010
31 Mar 2010

8
2
01 Apr 2010
30 Jun 2010

9
3
01 Jul 2010
30 Sep 2010

10
3
01 Oct 2010
31 Dec 2010

11
3
01 Jan 2011
31 Mar 2011

12
3
01 Apr 2011
30 Jun 2011

13
4
01 Jul 2011
30 Sep 2011

14
4
01 Oct 2011
31 Dec 2011

15
4
01 Jan 2012
31 Mar 2012

16
4
01 Apr 2012
30 Jun 2012

17
5
01 Jul 2012
30 Sep 2012

18
5
01 Oct 2012
31 Dec 2012

19
5
01 Jan 2013
31 Mar 2013

20
5
01 Apr 2013
30 Jun 2013

21
6
01 Jul 2013
30 Sep 2013

22
6
01 Oct 2013
31 Dec 2013

23
6
01 Jan 2014
31 Mar 2014

24
6
01 Apr 2014
30 Jun 2014

25
7
01 Jul 2014
30 Sep 2014

26
7
01 Oct 2014
31 Dec 2014

27
7
01 Jan 2015
31 Mar 2015

28
7
01 Apr 2015
30 Jun 2015

29
8
01 Jul 2015
30 Sep 2015

30
8
01 Oct 2015
31 Dec 2015

31
8
01 Jan 2016
31 Mar 2016

32
8
01 Apr 2016
30 Jun 2016

33
9
01 Jul 2016
30 Sep 2016

34
9
01 Oct 2016
31 Dec 2016

35
9
01 Jan 2017
31 Mar 2017

36
9
01 Apr 2017
30 Jun 2017

37
10
01 Jul 2017
30 Sep 2017

38
10
01 Oct 2017
31 Dec 2017

39
10
01 Jan 2018
31 Mar 2018

40
10
01 Apr 2018
30 Jun 2018

41
11
01 Jul 2018
30 Sep 2018

42
11
01 Oct 2018
31 Dec 2018

43
11
01 Jan 2019
31 Mar 2019

44
11
01 Apr 2019
30 Jun 2019

45
12
01 Jul 2019
30 Sep 2019

46
12
01 Oct 2019
31 Dec 2019

47
12
01 Jan 2020
31 Mar 2020

48
12
01 Apr 2020
30 Jun 2020

49
13
01 Jul 2020
30 Sep 2020

50
13
01 Oct 2020
31 Dec 2020

51
13
01 Jan 2021
31 Mar 2021

52
13
01 Apr 2021
30 Jun 2021

53
14
01 Jul 2021
30 Sep 2021

54
14
01 Oct 2021
31 Dec 2021

55
14
01 Jan 2022
31 Mar 2022

56
14
01 Apr 2022
30 Jun 2022

57
15
01 Jul 2022
30 Sep 2022

58
15
01 Oct 2022
31 Dec 2022

59
15
01 Jan 2023
31 Mar 2023

60
15
01 Apr 2023
30 Jun 2023

61
16
01 Jul 2023
30 Sep 2023

62
16
01 Oct 2023
31 Dec 2023

63
16
01 Jan 2024
31 Mar 2024

64
16
01 Apr 2024
30 Jun 2024

65
17
01 Jul 2024
30 Sep 2024

66
17
01 Oct 2024
31 Dec 2024

67
17
01 Jan 2025
31 Mar 2025

68
17
01 Apr 2025
30 Jun 2025

69
18
01 Jul 2025
30 Sep 2025

70
18
01 Oct 2025
31 Dec 2025

71
18
01 Jan 2026
31 Mar 2026

72
18
01 Apr 2026
30 Jun 2026

73
19
01 Jul 2026
30 Sep 2026

74
19
01 Oct 2026
31 Dec 2026

75
19
01 Jan 2027
31 Mar 2027

76
19
01 Apr 2027
30 Jun 2027

77
20
01 Jul 2027
30 Sep 2027

78
20
01 Oct 2027
31 Dec 2027

79
20
01 Jan 2028
31 Mar 2028

80
20
01 Apr 2028
30 Jun 2028

81
21
01 Jul 2028
30 Sep 2028

82
21
01 Oct 2028
31 Dec 2028

83
21
01 Jan 2029
31 Mar 2029

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

PROJECT TIMELINE AND COLUMN HEADINGS

Model Start Date
Construction start date
Construction end date
Operations phase start date
Operations period length
Operations phase end
Operations periods per annum

date

Period number
Year number
Period start date
Period end date

number
number

Construction period flag

Final construction period
Start of Operations
Operations period
Final operations period

flag
flag
flag
flag
flag

Indexation rates per period

01 Jul 2008

months

number

4
-

FLAGS
-

INDEXATION

LIFECYCLE EXPENDITURE
Lifecycle cost payment schedule (Real)

68987990.xls.ms_office (4/16/2012; 10:05 PM)

$000s

52,941

1,041

1,041

1,041

1,041

949

949

949

949

1,428

1,428

1,428

1,428

4,801

4,801

4,801

4,801

Page 4

TDI_Ops

30 Jun 2029

30 Sep 2029

31 Dec 2029

31 Mar 2030

30 Jun 2030

30 Sep 2030

31 Dec 2030

31 Mar 2031

30 Jun 2031

30 Sep 2031

31 Dec 2031

31 Mar 2032

30 Jun 2032

30 Sep 2032

31 Dec 2032

31 Mar 2033

30 Jun 2033

30 Sep 2033

31 Dec 2033

31 Mar 2034

30 Jun 2034

30 Sep 2034

31 Dec 2034

31 Mar 2035

30 Jun 2035

30 Sep 2035

31 Dec 2035

31 Mar 2036

30 Jun 2036

30 Sep 2036

31 Dec 2036

31 Mar 2037

30 Jun 2037

30 Sep 2037

31 Dec 2037

31 Mar 2038

30 Jun 2038

30 Sep 2038

31 Dec 2038

31 Mar 2039

30 Jun 2039

30 Sep 2039

31 Dec 2039

31 Mar 2040

30 Jun 2040

30 Sep 2040

31 Dec 2040

31 Mar 2041

30 Jun 2041

30 Sep 2041

84
21
01 Apr 2029
30 Jun 2029

85
22
01 Jul 2029
30 Sep 2029

86
22
01 Oct 2029
31 Dec 2029

87
22
01 Jan 2030
31 Mar 2030

88
22
01 Apr 2030
30 Jun 2030

89
23
01 Jul 2030
30 Sep 2030

90
23
01 Oct 2030
31 Dec 2030

91
23
01 Jan 2031
31 Mar 2031

92
23
01 Apr 2031
30 Jun 2031

93
24
01 Jul 2031
30 Sep 2031

94
24
01 Oct 2031
31 Dec 2031

95
24
01 Jan 2032
31 Mar 2032

96
24
01 Apr 2032
30 Jun 2032

97
25
01 Jul 2032
30 Sep 2032

98
25
01 Oct 2032
31 Dec 2032

99
25
01 Jan 2033
31 Mar 2033

100
25
01 Apr 2033
30 Jun 2033

101
26
01 Jul 2033
30 Sep 2033

102
26
01 Oct 2033
31 Dec 2033

103
26
01 Jan 2034
31 Mar 2034

104
26
01 Apr 2034
30 Jun 2034

105
27
01 Jul 2034
30 Sep 2034

106
27
01 Oct 2034
31 Dec 2034

107
27
01 Jan 2035
31 Mar 2035

108
27
01 Apr 2035
30 Jun 2035

109
28
01 Jul 2035
30 Sep 2035

110
28
01 Oct 2035
31 Dec 2035

111
28
01 Jan 2036
31 Mar 2036

112
28
01 Apr 2036
30 Jun 2036

113
29
01 Jul 2036
30 Sep 2036

114
29
01 Oct 2036
31 Dec 2036

115
29
01 Jan 2037
31 Mar 2037

116
29
01 Apr 2037
30 Jun 2037

117
30
01 Jul 2037
30 Sep 2037

118
30
01 Oct 2037
31 Dec 2037

119
30
01 Jan 2038
31 Mar 2038

120
30
01 Apr 2038
30 Jun 2038

121
31
01 Jul 2038
30 Sep 2038

122
31
01 Oct 2038
31 Dec 2038

123
31
01 Jan 2039
31 Mar 2039

124
31
01 Apr 2039
30 Jun 2039

125
32
01 Jul 2039
30 Sep 2039

126
32
01 Oct 2039
31 Dec 2039

127
32
01 Jan 2040
31 Mar 2040

128
32
01 Apr 2040
30 Jun 2040

129
33
01 Jul 2040
30 Sep 2040

130
33
01 Oct 2040
31 Dec 2040

131
33
01 Jan 2041
31 Mar 2041

132
33
01 Apr 2041
30 Jun 2041

133
34
01 Jul 2041
30 Sep 2041

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

0.62%

3,133

68987990.xls.ms_office (4/16/2012; 10:05 PM)

3,133

3,133

3,133

1,884

1,884

1,884

1,884

Page 5

Cons

PF Modelling Course
Construction Phase Calculations
All checks are OK
units

68987990.xls.ms_office (4/16/2012; 10:05 PM)

total

30 Sep 2008

31 Dec 2008

31 Mar 2009

30 Jun 2009

30 Sep 2009

31 Dec 2009

31 Mar 2010

30 Jun 2010

30 Sep 2010

31 Dec 2010

31 Mar 2011

30 Jun 2011

30 Sep 2011

31 Dec 2011

31 Mar 2012

30 Jun 2012

30 Sep 2012

31 Dec 2012

31 Mar 2013

30 Jun 2013

30 Sep 2013

31 Dec 2013

31 Mar 2014

30 Jun 2014

30 Sep 2014

31 Dec 2014

31 Mar 2015

30 Jun 2015

30 Sep 2015

31 Dec 2015

31 Mar 2016

30 Jun 2016

30 Sep 2016

31 Dec 2016

31 Mar 2017

30 Jun 2017

Page 6

Ops

PF Modelling Course
Operating Phase Calculations
All checks are OK
units

68987990.xls.ms_office (4/16/2012; 10:05 PM)

total

30 Sep 2008

31 Dec 2008

31 Mar 2009

30 Jun 2009

30 Sep 2009

31 Dec 2009

31 Mar 2010

30 Jun 2010

30 Sep 2010

31 Dec 2010

31 Mar 2011

30 Jun 2011

30 Sep 2011

31 Dec 2011

31 Mar 2012

30 Jun 2012

30 Sep 2012

31 Dec 2012

31 Mar 2013

30 Jun 2013

30 Sep 2013

31 Dec 2013

31 Mar 2014

30 Jun 2014

30 Sep 2014

31 Dec 2014

31 Mar 2015

30 Jun 2015

30 Sep 2015

31 Dec 2015

31 Mar 2016

30 Jun 2016

30 Sep 2016

31 Dec 2016

31 Mar 2017

30 Jun 2017

30 Sep 2017

31 Dec 2017

31 Mar 2018

30 Jun 2018

30 Sep 2018

31 Dec 2018

31 Mar 2019

30 Jun 2019

30 Sep 2019

31 Dec 2019

31 Mar 2020

30 Jun 2020

30 Sep 2020

31 Dec 2020

31 Mar 2021

30 Jun 2021

30 Sep 2021

31 Dec 2021

31 Mar 2022

30 Jun 2022

30 Sep 2022

31 Dec 2022

31 Mar 2023

30 Jun 2023

30 Sep 2023

31 Dec 2023

31 Mar 2024

30 Jun 2024

30 Sep 2024

31 Dec 2024

31 Mar 2025

30 Jun 2025

30 Sep 2025

31 Dec 2025

31 Mar 2026

30 Jun 2026

30 Sep 2026

31 Dec 2026

31 Mar 2027

30 Jun 2027

30 Sep 2027

31 Dec 2027

31 Mar 2028

30 Jun 2028

30 Sep 2028

31 Dec 2028

31 Mar 2029

Page 7

Ops

30 Jun 2029

30 Sep 2029

31 Dec 2029

68987990.xls.ms_office (4/16/2012; 10:05 PM)

31 Mar 2030

30 Jun 2030

30 Sep 2030

31 Dec 2030

31 Mar 2031

30 Jun 2031

30 Sep 2031

31 Dec 2031

31 Mar 2032

30 Jun 2032

30 Sep 2032

31 Dec 2032

31 Mar 2033

30 Jun 2033

30 Sep 2033

31 Dec 2033

31 Mar 2034

30 Jun 2034

30 Sep 2034

31 Dec 2034

31 Mar 2035

30 Jun 2035

30 Sep 2035

31 Dec 2035

31 Mar 2036

30 Jun 2036

30 Sep 2036

31 Dec 2036

31 Mar 2037

30 Jun 2037

30 Sep 2037

31 Dec 2037

31 Mar 2038

30 Jun 2038

30 Sep 2038

31 Dec 2038

31 Mar 2039

30 Jun 2039

30 Sep 2039

31 Dec 2039

31 Mar 2040

30 Jun 2040

30 Sep 2040

31 Dec 2040

31 Mar 2041

30 Jun 2041

30 Sep 2041

Page 8

CF_Q

PF Modelling Course
Cash Flow: Quarterly
All checks are OK
units

total

Year number
Period number

30 Sep 2008
1
1

31 Dec 2008
1
2

31 Mar 2009
1
3

30 Jun 2009
1
4

30 Sep 2009
2
5

31 Dec 2009
2
6

31 Mar 2010
2
7

30 Jun 2010
2
8

30 Sep 2010
3
9

31 Dec 2010
3
10

31 Mar 2011
3
11

30 Jun 2011
3
12

30 Sep 2011
4
13

31 Dec 2011
4
14

31 Mar 2012
4
15

30 Jun 2012
4
16

30 Sep 2012
5
17

31 Dec 2012
5
18

31 Mar 2013
5
19

30 Jun 2013
5
20

30 Sep 2013
6
21

31 Dec 2013
6
22

31 Mar 2014
6
23

30 Jun 2014
6
24

30 Sep 2014
7
25

31 Dec 2014
7
26

31 Mar 2015
7
27

30 Jun 2015
7
28

30 Sep 2015
8
29

31 Dec 2015
8
30

31 Mar 2016
8
31

30 Jun 2016
8
32

30 Sep 2016
9
33

31 Dec 2016
9
34

31 Mar 2017
9
35

30 Jun 2017
9
36

30 Sep 2017
10
37

31 Dec 2017
10
38

31 Mar 2018
10
39

30 Jun 2018
10
40

30 Sep 2018
11
41

31 Dec 2018
11
42

31 Mar 2019
11
43

30 Jun 2019
11
44

30 Sep 2019
12
45

31 Dec 2019
12
46

31 Mar 2020
12
47

30 Jun 2020
12
48

30 Sep 2020
13
49

31 Dec 2020
13
50

31 Mar 2021
13
51

30 Jun 2021
13
52

30 Sep 2021
14
53

31 Dec 2021
14
54

31 Mar 2022
14
55

30 Jun 2022
14
56

30 Sep 2022
15
57

31 Dec 2022
15
58

31 Mar 2023
15
59

30 Jun 2023
15
60

30 Sep 2023
16
61

31 Dec 2023
16
62

31 Mar 2024
16
63

30 Jun 2024
16
64

30 Sep 2024
17
65

31 Dec 2024
17
66

31 Mar 2025
17
67

30 Jun 2025
17
68

30 Sep 2025
18
69

31 Dec 2025
18
70

31 Mar 2026
18
71

30 Jun 2026
18
72

30 Sep 2026
19
73

31 Dec 2026
19
74

31 Mar 2027
19
75

30 Jun 2027
19
76

30 Sep 2027
20
77

31 Dec 2027
20
78

31 Mar 2028
20
79

30 Jun 2028
20
80

30 Sep 2028
21
81

31 Dec 2028
21
82

31 Mar 2029
21
83

CASH FLOW DURING CONSTRUCTION PHASE

Uses

Sources

Net Cashflow

$000s

Cash flow from operating activities

$000s

Cash flow before tax & financing

$000s

Tax

$000s

Cash flow available for debt service

$000s

Net Cashflow after tax and financing

$000s

Net Cashflow

$000s

CASH FLOW DURING OPERATIONS PHASE

CASH ACCOUNT
Openting Balance
Net Cashflow
Closing Balance

68987990.xls.ms_office (4/16/2012; 10:05 PM)

$000s
$000s
$000s

Page 9

CF_Q

30 Jun 2029
21
84

30 Sep 2029
22
85

31 Dec 2029
22
86

31 Mar 2030
22
87

30 Jun 2030
22
88

30 Sep 2030
23
89

31 Dec 2030
23
90

31 Mar 2031
23
91

30 Jun 2031
23
92

30 Sep 2031
24
93

31 Dec 2031
24
94

31 Mar 2032
24
95

30 Jun 2032
24
96

30 Sep 2032
25
97

31 Dec 2032
25
98

31 Mar 2033
25
99

30 Jun 2033
25
100

30 Sep 2033
26
101

31 Dec 2033
26
102

31 Mar 2034
26
103

30 Jun 2034
26
104

30 Sep 2034
27
105

31 Dec 2034
27
106

31 Mar 2035
27
107

30 Jun 2035
27
108

30 Sep 2035
28
109

31 Dec 2035
28
110

31 Mar 2036
28
111

30 Jun 2036
28
112

30 Sep 2036
29
113

31 Dec 2036
29
114

31 Mar 2037
29
115

30 Jun 2037
29
116

30 Sep 2037
30
117

31 Dec 2037
30
118

31 Mar 2038
30
119

30 Jun 2038
30
120

30 Sep 2038
31
121

31 Dec 2038
31
122

31 Mar 2039
31
123

30 Jun 2039
31
124

30 Sep 2039
32
125

31 Dec 2039
32
126

31 Mar 2040
32
127

30 Jun 2040
32
128

30 Sep 2040
33
129

31 Dec 2040
33
130

31 Mar 2041
33
131

30 Jun 2041
33
132

30 Sep 2041
34
133

68987990.xls.ms_office (4/16/2012; 10:05 PM)

Page 10

CF_A

PF Modelling Course
Cash Flow: Annual
All checks are OK
units

total

Year number

30 Jun 2009
1

30 Jun 2010
2

30 Jun 2011
3

30 Jun 2012
4

30 Jun 2013
5

30 Jun 2014
6

30 Jun 2015
7

30 Jun 2016
8

30 Jun 2017
9

30 Jun 2018
10

30 Jun 2019
11

30 Jun 2020
12

30 Jun 2021
13

30 Jun 2022
14

30 Jun 2023
15

30 Jun 2024
16

30 Jun 2025
17

30 Jun 2026
18

30 Jun 2027
19

30 Jun 2028
20

30 Jun 2029
21

30 Jun 2030
22

30 Jun 2031
23

30 Jun 2032
24

30 Jun 2033
25

30 Jun 2034
26

30 Jun 2035
27

30 Jun 2036
28

30 Jun 2037
29

30 Jun 2038
30

30 Jun 2039
31

30 Jun 2040
32

30 Jun 2041
33

CASH FLOW DURING CONSTRUCTION PHASE

Uses

Sources

Net Cashflow

$000s

Cash flow from operating activities

$000s

Cash flow before tax & financing

$000s

Tax

$000s

Cash flow available for debt service

$000s

Net Cashflow after tax and financing

$000s

Net Cashflow

$000s

CASH FLOW DURING OPERATIONS PHASE

CASH ACCOUNT
Openting Balance
Net Cashflow
Closing Balance

68987990.xls.ms_office (4/16/2012; 10:05 PM)

$000s
$000s
$000s

Page 11

Checks

PF Modelling Course
Checks
All checks are OK
units

total

TOLERANCE
Error check level

tolerance

0.0010

1.0 DOES TOTAL OF CAPITAL EXPENDITURE BREAKDOW N = 100% ?

OK

Construction phase cost payment schedule

Target
Difference

68987990.xls.ms_office (4/16/2012; 10:05 PM)

%
%

100.00%
100.00%
0

Page 12

Checks

68987990.xls.ms_office (4/16/2012; 10:05 PM)

Page 13