Manual for Development Projects - Planning Commission

Chapter 5
= 15 +5 (890 / ( 890 + 5.937 )) = 19.96 %
Two Disc Rate {Disc Rate}
{Sum of NPW at }
{Two Disc Rate}
{(Ignoring Signs)}
FINANCIAL ANALYSIS OF AN INDUSTRIAL PROJECT
RETURN ON EQUITY
( PROFIT AFTER TAXES)
Year Equity Profits after Taxes Net Flow
1990 45.00 -45.00
1991 98.10 -98.10
1992 56.90 -56.90
1993 13.30 -13.30
1994 19.79 19.79
1995 45.30 45.30
1996 54.10 54.10
1997 59.96 59.96
1998 65.61 65.61
1999 70.82 70.82
2000 76.01 76.01
2001 81.06 81.06
2002 85.91 85.91
PWC AT 20 % DISCOUNT RATE = 138.55
PWB AT 20 % DISCOUNT RATE = 97.26
NPV AT 20 % DISCOUNT RATE = -41.30
BCR AT 20 % DISCOUNT RATE = .70:1
RETURNONEQUITY = 14.21%
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Statement-3
(Million Rupees)
Statement-4
9/23/2010