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10. 2009 2009 2009 2009 2009 2009
Jan Feb March April May June
15,088,889 15,088,889 15,088,889 15,088,889
6,250,000 6,250,000 6,250,000 6,250,000
4,000,000 4,000,000 4,000,000 4,000,000 4,000,000 4,000,000
2,164,286 2,164,286
$12,414,286 $12,414,286 $25,338,889 $25,338,889 $19,088,889 $19,088,889
11. 2009 2009 2009 2009 2009 2009
July Aug Sept Oct Nov Dec
15,088,889 15,088,889 15,088,889 15,088,889 15,088,889
$15,088,889 $15,088,889 $15,088,889 $15,088,889 $15,088,889 $-
12. 2010 2010 2010 2010 2010
Annual Jan Feb March April
$-
$-
$-
$-
$-
$-
$-
$- $- $- $- $-
13. 2010 2010 2010 2010 2010
May June July Aug Sept
$- $- $- $- $-
14. 2010 2010 2010 2011 2011
Oct Nov Dec Annual Jan
$-
$-
$-
$-
$-
$-
$-
$- $- $- $- $-
15. 2011 2011 2011 2011 2011
Feb March April May June
$- $- $- $- $-
16. 2011 2011 2011 2011 2011
July Aug Sept Oct Nov
$- $- $- $- $-
17. 2011 2012 2012 2012 2012
Dec Annual Jan Feb March
$-
$-
$-
$-
$-
$-
$-
$- $- $- $- $-
18. 2012 2012 2012 2012 2012
April May June July Aug
$- $- $- $- $-
19. 2012 2012 2012 2012
Sept Oct Nov Dec
$- $- $- $-
20. 2013 2013 2013 2013 2013
Annual Jan Feb March April
$-
$-
$-
$-
$-
$-
$-
$- $- $- $- $-
21. 2013 2013 2013 2013 2013
May June July Aug Sept
$- $- $- $- $-
24. Sheet Line
No
14
15
16
17
24
25
40
37
38
39
26
29
25.
26. Varaible Cost PER MACHINE
Site Costs, Foundations and Siting
Ex Factory Cost (HT Ferro Components of wind turbine)
Assembly Costs (in Floating Dock)
Finishing Costs IE Blades, and 3 Generators - Wind Generator, Solar Generation, Water Current generator
Total Cost for Floating unit
Cost of Sales Water per m3 + Barges = $0.3692674/m3
4,197,500 m3 Annual Divided by Capital Cost per Machine = $15,000,000
plus $500,000 cost of Barge = $15,500,000 x 6 % + 2 % = 4,197,500 = 0.0285884 x 8% plus 2% Maintenance =
Cost of Electricity = $8,000,000 x 6 % + 2% = $0208741 KWh =
Ex Factory Margin Over Cost per Unit
Ex Factory Margin Over Cost per Unit
Cost ex Factory
Sale of Water per Unit = $2.55 x 4,179,500 m3 = $10,661,650 Annual divided by 12 = 888,470.83 Per Month x $2.54 + $2,256,715.90
m3
Sale of Electricity Per unit:
Ivory Coast = $70 per MWh x 2,555 MWh per Month
Europe = $90 per MWh x 2,555 MWh per Month
Solar and Water Generation - calculate it will take the Electricity up to 100% CAPACITY FACTOR = 4,745 MWh per month x either $90
per MWh or $70 per MWh
This figure will reduce as turnover is not as high as first shown it will be
Cal Marine Tugs ex Factory - allow for 2 tugs per month at the start-up level (each tug can tow up to 3 wind turbines at a time)
Unit Towage
Site Costs per unit
Unit assembly on floating dock
Finishing costs
Undersea Cable & Pipework to Shore - Placement and Anchoring
Tug Manufactured Cost
Desalination Plant
Capital Cost per machine
Water production (cubic meters per machine per annum)
Cost of capital
Maintenance cost
Total cost
Monthly cost
Electricity Generation
Capital cost
ROI & Maintenance
Power generation capacity @ 20 MW per unit
Capacity factor
MWh per machine per annum
Monthly cost
Annual Cost
Cost per MWh
Sale of Water per machine
27. Water production per annum (cubic metres)
Selling price per cubic meter
Revenue per annum
Electricity sales
Selling price per MWh
Electricity selling price per machine
Electricity production per month (MWh)
Selling Price
28. Cost Figure
$1,200,000
$4,311,768
$326,340
$5,500,000 x 6% Funds Borrowed so unit cost is
$10,138,108
$0.3692674
$0.00357355
$0.2087410 per MWH
$0 Power $13,000,000
Gereration
Plants - Capital
value
$5,109,390
7,890,610
$178,850
$229,950
6.5% of Turnover per month
$770,000 for 2 tugs
$150,000
$1,200,000
$1,976,654
$600,000
$1,000,000
$385,000
$15,500,000
4,197,500 349,791.67
8%
2%
$329,329.19 0.94
Wind Water Total
$8,000,000 $5,000,000 $13,000,000
10% 10% 10%
175,200 175,200 175,200
35% 65% 100%
61,320 113,880 175,200
$77,201.73 $48,251.08 $125,452.81
$926,421 $579,013 $1,505,434
$15.11 $5.08 $8.59
per annum per month
29. 4,197,500
$0.70
$2,938,250 $244,854
$50.00
Wind Water Total
5,110 9,490 14,600
$50.00 $50.00 $50.00
$255,500 $474,500 $730,000
30. Budget For CAL MARINE in reference to the CashFlow
$US
ENGINEERING COSTS
Completetion of Wind Tunnel testing 100,000
Wind Tunnel model including Instrumentation 50,000
Engineering of Floating C86-10MW HT Ferro Attaractor, Centre
Body, Centre-Body Supports, Column and Ballest Keel,
Including Sea-Bed Anchoring 1,500,000
Engineering of Flotation and Sea-Tow, stationing on pre-set
Cooridinates; power cable connection, fixture and layout; yaw control 750,000
Design/Engineering of Column Structure 25m dia x 70m length
Anchoring fixture for sea-bed Foundation Pile tops and fixing
Yaw capability, guidence of column base to foundation tops and
fixing. 750,000
Engineering of Floating Dock: 450m x 200m 800,000
Launching Technique, Craneage assembly on Floating Dock,
Assembley Process 500,000
Engineering/Design Variable Speed 10MW AC Generator
Control System and Switchgear 500,000
Engineering/Design 10MW Direct Current Generator, Control
System, Switchgear, DC/AC shore System with switching 750,000
Design/Blueprint 80m x 20m Electrical Assembley Shed 650,000
Design/Blueprint 80m x 20m Mechanical assembley shed 650,000
Design/Blueprint Steel reinforcing assembley shed 650,000
Design/Engineer Blade and Hub assembly; Drive train
Brake, Hydraulics, assembly and fitting out centre-body and rotors 1,500,000
Design/Engineer Towing System; Tug Sizing, Launching
from Floating Dock, Site Installation, Multiple unit connection
and Precision placement 1,000,000
Design, build test, co-generator 5,000,000
Sub Total 15,150,000
CAPITAL COSTS
Floating Docks x 3 off (Tender Allowance) 150,000,000
Tug Plant alonside main Plant, Budget reqd for Design
Technology Transfer, Engineering and Moulds, Tug Length
77.7m beam 77m draught 7.1m with two 10,000 KW Supercharged Diesels 100,000,000
Purchase Waterfront Land - allow 100 Hectares
x $50,000 per Hectare 5,000,000
Production Plant 200m x 530m at $500/m2 53,000,000
Exclusive Licence for HTFerro Plants 15,000,000
Plant and Equipment (Main Plant) 25,000,000
Plant and Equipment (Floating Dock) 30,000,000
Main Structure Moulds:
Attractor 13,500,000
Column 25m dia x 70m 3,500,000
31. Bell Flotation Unit 2,500,000
Keel Ballast Support Legs 3,000,000
Keel Ballast 1,500,000
24,000,000
Sub Total 402,000,000
DEVELOPMENT COSTS
Wharf and Floating Dock Tethering 1000m 100,000,000
Dredge Foreshore to accomodateF/Docks and Towage path
900,000 cubic metres x $70/m3 6,300,000
Desalination Barge: 35m x 7m capable of transporting & housing
42 x 20ft desalination container modules 3 high - design
moulds, plant, and motive power 20,000,000
Brokerage Fees - allow 1% total budget 9,500,000
Sub Total 135,800,000
TOTAL 552,950,000
Plus Contingency Allowance of 10% (not included in cashflow) but allowed for in
Funding Application. 55,295,000