MAIN ELEMENTS OF FINANCIAL ANALYSIS Sample Clauses

MAIN ELEMENTS OF FINANCIAL ANALYSIS. A financial analysis of the project has been carried out to ensure its viability and affordability. This shows that the investment is able to meet the projected operating and maintenance costs over its expected lifespan. Without ISPA grant at the proposed 75 % the project would not be viable and would not be able to proceed. An overall assessment of the ability of the area concerned to support this project and other related investments in the water sector was also undertaken. The results of this global analysis demonstrate that the project is affordable to the local population under agreed assumptions relating to tariffs, likely income growth and the impact of other essential investments.
Sample 1
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MAIN ELEMENTS OF FINANCIAL ANALYSIS. The sections in question do not involve road tolls and the project is not therefore revenue generating.
Sample 1
MAIN ELEMENTS OF FINANCIAL ANALYSIS. As the project affects two countries, the financial analysis compares the net difference in financial revenues and costs experienced by the Romanian and Bulgarian governments (i.e. as owners of the bridges in Vidin-Calafat and Russe) with a new bridge and without a new bridge. The analyses include costs and benefits for the full project and not only the part of the project included in the present application. The central result of the financial analysis is that the financial rate of return on total investment costs is 5.6% (FIRR/C), and on capital supplied by the two governments 8.7% (FIRR/K). For the full project the total financial cash flow for the two governments will be positive in all years except for the construction period and the first 3-4 years of operation - even with a rather limited level of traffic in the first years. This implies that a traffic level of about 7-8 times the low level of today can balance revenues and costs (including loan payments) on an annual cash flow basis. The main financial project risks are related to the development of long distance road freight transport and to construction costs, and the sensitivity of the results to changes in these and other key variables has been tested.
Sample 1
MAIN ELEMENTS OF FINANCIAL ANALYSIS. Cash flow statements for the hazardous and non-hazardous landfills have been produced under the two different scenarios (scenario 1: 0% profit margin; scenario 2: 10% margin). The net present value (NPV) for each landfill under Scenario 1 and Scenario 2 are presented below: NPV* (EURO) Scenario 1 NPV* (EURO) Scenario 2 Without ISPA With ISPA Without ISPA With ISPA Non-Hazardous Montana -4,889,230 2,997,471 -3,814,762 4,182,071 Pernik -5,348,981 -65,357 -7,411,223 611,789 Rousse -5,891,268 4,114,606 -4,555,880 5,586,872 Sevlievo -3,302,523 851,050 -2,699,874 1,515,470 Silistra -5,621,505 3,734,562 -4,374,379 5,109,518 Sozopol -9,980,259 173,983 -8,970,553 1,287,184 Hazardous Rousse -212,767 304,125 -131,499 393,722 Sevlievo -1,194,793 621,934 -958,907 1,032,434 * The discount rate applied is 5 % . In the case of NPV, under both Scenario 1 and 2 (with the exception of Pernik) the net values are negative without ISPA funding. The financial analysis of the landfills in Montana, Pernik, Rousse, Sevlievo, Silistra and Sozopol, indicates that a combination of ISPA funding and revenues generated from waste charges will ensure their financial sustainability. Without ISPA grants the projects could not be undertaken. While the projects are not financially viable from a purely commercial perspective, their contribution to improvements in the state of environment, health and living standards, are likely to be significant. Finally, quite apart from generating revenues, the use of charges will ensure the projects are consistent with EC Regulations in as far as the “polluter pays” principle is respected. The proposed waste charges as a percentage of per capita income during the life time of the landfills vary between 0.21% and 0.97%. Affordability rates for Montana, Pernik, Ruse, Silistra and Sozopol, under the two different scenarios, are summarised below: Scenario 1 Scenario 2 Affordab. (%) Affordab. (%) Non-Hazardous Montana 0.55 0.60 Pernik 0.35 0.38 Ruse 0.21 0.23 Sevlievo 0.76 0.83 Silistra 0.60 0.66 Sozopol 0.88 0.97 Affordability rates are calculated by multiplying waste charges by the average norm of accumulation (1.5 m3 / person / year) and dividing this amount by per capita income per annum (1800 €). While the waste charges form only a component of the total charges paid for public services, the landfills under both Scenario 1 and Scenario 2 would seem to be affordable.
Sample 1
MAIN ELEMENTS OF FINANCIAL ANALYSIS. The Balchik service area as defined by the Dobrich Regional Water Company includes the entire Balchik municipality as well as water services to Albena resorts. Forecasts developed in this analysis are concerned with water and wastewater related cash- flows and the impacts of a range of anticipated investments. The analysis includes estimates of the company’s overall operating costs and costs associated with existing and anticipated obligations. The financial analysis and rationale for the project is based on the principles of (a) cost recovery; (b) polluters pays principle; (c) user charge acceptability and affordability; and
Sample 1
MAIN ELEMENTS OF FINANCIAL ANALYSIS. A full recovery of the costs is assumed for the direct charging of hazardous waste and inert waste disposal. The tariffs for non-hazardous waste assume 100 % cost invoicing. These tariffs are paid directly by the respective municipalities, which collect waste charges from the population. The calculations in this case were based on the integration of the principles of cost recovery and affordability. The charges for the non-hazardous waste will fully recover the costs for operation and maintenance over the lifetime of the project. The presented tariff structure for the Kardjali Regional Waste Management Centre show that the tariff based on an acceptable affordability criterion increases from EURO 7.83 per ton in 2007 to EURO 29.55 in 2025. The main financial parameters are summarized in the table below: Total capital costs ‘000 € NPV ‘000 € IRR % rEU* % ISPA % 14 547 720 9.8 % 78 75.00 % * rEU represents the calculated maximum community aid rate as the intervention of the Commission in the financing of the investment. According to the results from the sensitivity analysis it is clear that without the ISPA assistance this project would not be viable and affordable.
Sample 1
MAIN ELEMENTS OF FINANCIAL ANALYSIS. A financial analysis has been undertaken of the measure as a whole and of each of the component projects in order to establish the long-term viability of the measure and to help determine the appropriate rate of grant. The precise arrangements for recovering costs have yet to be determined between the Central Government and the municipalities concerned so that the results of these analyses are provisional. However, the Bulgarian authorities have confirmed their intention to respect the provisions of the EC Draft Water Framework Directive under which charges for water supply and wastewater treatment are required to reflect the “Polluter-Pays” and to move towards full cost recovery. The main results of the financial analysis based on alternative tariff scenarios are as follows : Xxxxxxx basin group Low tariff IRR High tariff IRR No ISPA grant -10.2 % 4.5 % With ISPA grant -5.2 % 11.5 % The high tariff scenario equates to a move to full cost recovery on completion of the projects, while the low cost scenario implies a more gradual progression towards full cost recovery. The results show that, even under the high tariff scenario, there is a need for a substantial element of ISPA grant.
Sample 1
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Related to MAIN ELEMENTS OF FINANCIAL ANALYSIS

  • DATA COLLECTION AND ANALYSIS The goal of this task is to collect operational data from the project, to analyze that data for economic and environmental impacts, and to include the data and analysis in the Final Report. Formulas will be provided for calculations. A Final Report data collection template will be provided by the Energy Commission. The Recipient shall: • Develop data collection test plan. • Troubleshoot any issues identified. • Collect data, information, and analysis and develop a Final Report which includes: o Total gross project costs. o Length of time from award of bus(es) to project completion. o Fuel usage before and after the project.

  • Data Analysis In the meeting, the analysis that has led the College President to conclude that a reduction- in-force in the FSA at that College may be necessary will be shared. The analysis will include but is not limited to the following: ● Relationship of the FSA to the mission, vision, values, and strategic plan of the College and district ● External requirement for the services provided by the FSA such as accreditation or intergovernmental agreements ● Annual instructional load (as applicable) ● Percentage of annual instructional load taught by Residential Faculty (as applicable) ● Fall Full-Time Student Equivalent (FFTE) inclusive of dual enrollment ● Number of Residential Faculty teaching/working in the FSA ● Number of Residential Faculty whose primary FSA is the FSA being analyzed ● Revenue trends over five years for the FSA including but not limited to tuition and fees ● Expenditure trends over five years for the FSA including but not limited to personnel and capital ● Account balances for any fees accounts within the FSA ● Cost/benefit analysis of reducing all non-Residential Faculty plus one Residential Faculty within the FSA ● An explanation of the problem that reducing the number of faculty in the FSA would solve ● The list of potential Residential Faculty that are at risk of layoff as determined by the Vice Chancellor of Human Resources ● Other relevant information, as requested

  • COMPENSATION ANALYSIS After the expiration of the second (2nd) Renewal Term of this Agreement, if any, a Compensation Analysis may be performed. At such time, based on the reported Total Gross Revenue, performance of the Concession, and/or Department’s existing rates for similarly- performing operations, Department may choose to increase the Concession Payment for the following Renewal Term(s), if any.

  • Financial Report The Company shall furnish to the Administrative Agent (for delivery to each of the Lenders):

  • Financial Reporting Requirements The Charter School shall follow the financial requirements of the Charter Schools Section of the Department’s Financial Management for Georgia Local Units of Administration Manual. The Charter School shall submit all information required by the State Accounting Office for inclusion in the State of Georgia Comprehensive Annual Financial Report.

  • Financial Reports Borrower shall furnish to Agent the financial statements and reports listed hereinafter (the “Financial Statements”):

  • Financial Ability Each of the Buyer Parties acknowledges that its obligation to consummate the transactions contemplated by this Agreement and the Brewery Transaction is not and will not be subject to the receipt by any Buyer Party of any financing or the consummation of any other transaction other than the occurrence of the GM Transaction Closing and, in the case of the Brewery Transaction, the consummation of the transactions contemplated by this Agreement. The Buyer Parties have delivered to ABI a true, complete and correct copy of the executed definitive Second Amended and Restated Interim Loan Agreement, dated as of February 13, 2013, among Bank of America, N.A. (“Bank of America”), JPMorgan Chase Bank N.A. (“JPMorgan”) and CBI (collectively, the “Financing Commitment”), pursuant to which, upon the terms and subject to the conditions set forth therein, the lenders party thereto have committed to lend the amounts set forth therein (the “Financing”) for the purpose of funding the transactions contemplated by this Agreement and the Brewery Transaction. The Buyer Parties have delivered to ABI true, complete and correct copies of the fee letter and engagement letters relating to the Financing Commitment (redacted only as to the matters indicated therein), the Financing Commitment has not been amended or modified prior to the date of this Agreement, and, as of the date hereof, the respective commitments contained in the Financing Commitment have not been withdrawn, terminated or rescinded in any respect. There are no agreements, side letters or arrangements to which CBI or any of its Affiliates is a party relating to the Financing Commitment that could affect the availability of the Financing. The Financing Commitment constitutes the legally valid and binding obligation of CBI and, to the Knowledge of CBI, the other parties thereto, enforceable in accordance with its terms (except as such enforceability may be limited by bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other similar Laws of general applicability relating to or affecting creditors’ rights, and by general equitable principles). The Financing Commitment is in full force and effect and has not been withdrawn, rescinded or terminated or otherwise amended or modified in any respect, and no such amendment or modification is contemplated. Neither CBI nor any of its Affiliates is in breach of any of the terms or conditions set forth in the Financing Commitment, and assuming the accuracy of the representations and warranties set forth in Article 4 and performance by ABI of its obligations under this Agreement and the Brewery SPA, as of the date hereof, no event has occurred which, with or without notice, lapse of time or both, would reasonably be expected to constitute a breach, default or failure to satisfy any condition precedent set forth therein. As of the date hereof, no lender has notified CBI of its intention to terminate the Financing Commitment or not to provide the Financing. There are no conditions precedent or other contingencies related to the funding of the full amount of the Financing, other than as expressly set forth in the Financing Commitment. The aggregate proceeds available to be disbursed pursuant to the Financing Commitment, together with available cash on hand and availability under CBI’s existing credit facility, will be sufficient for the Buyer Parties to pay the Purchase Price hereunder and under the Brewery SPA and all related fees and expenses on the terms contemplated hereby and thereby in accordance with the terms of this Agreement and the Brewery SPA. As of the date hereof, CBI has paid in full any and all commitment or other fees required by the Financing Commitment that are due as of the date hereof. As of the date hereof, the Buyer Parties have no reason to believe that CBI and any of its applicable Affiliates will be unable to satisfy on a timely basis any conditions to the funding of the full amount of the Financing, or that the Financing will not be available to CBI on the Closing Date.

  • FINANCIAL AID I understand that aid described as “estimated” on my Financial Aid Award does not represent actual or guaranteed payment, but is an estimate of the aid I may receive if I meet all requirements stipulated by the relevant aid program. If my eligibility for financial aid changes for any reason, I understand that I will be responsible for any charges on my account that were previously covered by financial aid and that I will be responsible for repaying to the lender any credit balances that were refunded to me. I understand and agree that the federal financial aid I receive will be applied by the University for the payment of mandatory fees, and fees for tuition and room and board, which I owe the University. I further understand that if I want the University to apply my federal financial aid to other charges which appear on my fee xxxx during the academic year, I must complete a Title IV Financial Aid Authorization, which is available on the student administration system website, under the heading of “Student Help,” or by following this link: xxxxxxxxxxxx.xxxxx.xxx/xxxx/xxxxxxxx/xxxxxx-xxxxx-xx-xxxxxxxxx-xxx-xxxxxx/ I understand that all prizes, awards, scholarships and grants awarded to me by the University will be credited to my student account and applied toward any outstanding balance owed the University. I further understand that my receipt of a prize, award, scholarship or grant is considered a financial resource under federal Title IV financial aid regulations, and may therefore reduce my eligibility for other federal and/or state financial aid (i.e., loans, grants, Federal Work Study) which, if already disbursed to my student account, may have to be reversed and returned to the aid source. I understand that amounts I will owe for the repayment of my student loans may not be dischargeable in bankruptcy.

  • Project Monitoring Reporting and Evaluation The Recipient shall furnish to the Association each Project Report not later than forty-five (45) days after the end of each calendar semester, covering the calendar semester.

  • FINANCIAL STATEMENTS TO OWNER The Agent shall render statements of receipts, expenses, and other charges for the Property as requested by the Owner with no more than one (1) statement per month.

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