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Start-up Expenses

 

Land to buy

 

Office to buy

 

Renovation expenses

 

Design works

$10 000

Assembly operations

$200 000

Placing into operation

$53 000

Oil processing equipment (incl. storage and loading)

$100 000

Seed storage equipment (incl. installation)

$350 000

Glycerol purification equipment (including installation)

$0 000

Tanks

$100 000

Biodiesel production equipment (incl. delivery and installation )

$250 000

Utility network

$000

Advertising/Promotion

$5 000

Land leasing

$0

Raw materials (1 quarter of operations)

$660 000

Salaries

$353 000

Biodiesel production costs (chemicals, utilities, maintenance for 1 quarter)

$84 000

Rent

$0

Total Start-up Expenses

$000

 

 

Start-up Assets Needed

 

Cash Balance on Starting Date

 

Start-up Inventory

$0

Other Current Assets

$0

Total Current Assets

$0

Long-term Assets

$0

Total Assets

$0

Total Requirements

$3 095 000

 

Sales Forecast

Sales

2007

 

2008

 

2009

 

2010

 

2011

 

Price per ton

Sum

Price per ton

Sum

Price per ton

Sum

Price per ton

Sum

Price per ton

Sum

Biodiesel

 

$2 800 000

$700

 

 

$2 800 000

 

$2 800 000

$700

$

Glycerol

 

$280 000

$700

$280 000

$700

$280 000

 

$280 000

$0

$280 000

Seeds

 

$0

$220

 

$220

$0

 

$0

$220

$0

Press cake

$180

$1 440 000

$180

$1 440 000

$180

$1 440 000

$180

$1 440 000

$180

$1 440 000

Total Sales

 

$4 520 000

 

$4 520 000

 

$4 520 000

 

$4 520 000

 

$4 520 000

 

 

 

 

 

 

 

 

 

 

 

Direct Cost of Sales

 

2006

 

2007

 

2008

 

2009

 

2010

Seeds

$220

$2 640 000

$220

 

$220

$2 640 000

$220

 

 

 

Oil

$600

$0

$600

$0

$600

$0

$600

$0

600 

$0

Subtotal Direct Cost of Sales

 

$2 640 000

 

$2 640 000

 

$2 640 000

 

$2 640 000

 

$2 640 000

Sales and costs in tons

 

 

 

 

 

 

 

 

 

 

Biodiesel

 

 

 

 

 

 

 

 

 

 

Glycerol

$700

400

$700

400

$700

400

$700

400

$700

400

Seeds from own farm

$220

 

$220

 

$220

 

$220

 

$220

 

Press cake

$180

 

$180

8 000

$180

8 000

$180

8 000

$180

8 000

Total sales, ton

 

 

 

12 400

 

12 400

 

12 400

 

12 400

Procurement of raw materials

 

 

 

 

 

 

0

 

0

 

Seeds

$220

12 000

$220

12 000

$220

 

$220

12 000